World Blog by humble servant .Ukraine Chronicles 472 Moscow assesses Western sanction ‘blitzkrieg’ The strategy on which foreign powers counted has failed, the Russian president has said

The West’s sanctions have failed to cripple Russia, said Russian President Vladimir Putin during a joint press conference with Belarusian President Alexander Lukashenko on Tuesday. “The “blitzkrieg”, on which our opponents counted has failed, this is quite obvious. Our financial system and industry are working rhythmically,” stated Putin, noting the Russian economy’s resilience and stability in light of the sanctions and highlighting the importance of adapting the economy to new realities and limitations. He added that he believes that the best course of action is to de-bureaucratize the economic sphere, and expressed hope that common sense will ultimately prevail in the West in light of the consequences they face due to the imposed sanction