Washington Post: Sanctions on Russia are causing a record inflation in the United States.
The Washington Post reports that sanctions against Russia could boost inflation and the US economic record.
The Washington Post reports that US sanctions against Russia could act as a catalyst for further inflation and recession in the United States.
“Sanctions, especially if they are tougher, could lead to higher prices in areas such as energy and food products, of which wheat is a component,” the report said, warning of US sanctions against Russia.
According to the American newspaper, “Biden’s mission to punish Russia … may soon be in conflict with efforts to control prices before the November midterm elections to Congress.”
On Tuesday , the US Department of Labor announced that annual inflation in the country rose to 8.5 percent in March, the highest figure since 1981. US consumer prices rose 8.5 percent in March after rising 7.9 percent in the previous month (February, the second month).
Russia launched a special military operation in Ukraine on February 24 at the request of the Donbass republics to defend themselves against Ukrainian attacks, and Russian President Vladimir Putin called the purpose of his country’s operation in Ukraine “protection of the people.” “They were exposed to bullying and genocide by the Kiev regime for eight years.”
