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Russia’s Dmitry Medvedev Predicts Collapse Of “US-Centric World”: Report


Dmitry Medvedev mentioned sanctions on Russia will hurt the worldwide monetary system.

Former Russian president Dmitry Medvedev has acknowledged that sanctions positioned on his nation can have a variety of worldwide penalties, Newsweek reported.

Russia invaded Ukraine on February 24 this 12 months, which resulted within the West imposing stringent financial sanctions and punishing international locations which can do enterprise with Moscow. As a result of sanctions, Russia is going through unsure financial future disaster.

However that didn’t cease Mr Medvedev from lashing out on the US and its allies. He mentioned that the results of those sanctions can be felt throughout the globe.

Mr Medvedev made the predictions on his Telegram channel on Friday, in keeping with Newsweek report, through which he outlined in 10 bullet factors the influence on provide chains, inflation and meals disaster.

He additionally predicted that the restrictive measures would hurt the worldwide monetary system, doubtlessly triggering a financial and monetary disaster in some international locations or blocs because of the undermining of the soundness of numerous nationwide currencies, rampant inflation, and the breakdown of the authorized system defending personal property.

Many points of life, in keeping with the politician, can be affected. “New regional army conflicts will emerge in these locations the place the scenario has not been resolved peacefully for years or the place the substantial pursuits of main worldwide gamers are ignored. Terrorists will turn out to be energetic who assume that the Western authorities are presently diverted by the showdown with Russia,” he wrote.

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He additional mentioned that “the collapse of the thought of ​​an American-centric world” as all this may spotlight the weak point of the West’s ideas of worldwide relations, the Newsweek report mentioned.

Mr Medvedev was elected president of Russia in 2008. He was regarded as extra liberal than his predecessor, Vladimir Putin, who served because the Prime Minister throughout Medvedev’s time period. As president, Medvedev prioritised a broad modernisation programme aimed toward modernising Russia’s financial system and society whereas lowering the nation’s dependency on oil and fuel.
 

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