Kremlin Calls, Sanctions on Russia, an Act of Economic War.<br />On March 10, the Kremlin said that <br />measures were being taken to reduce <br />the impact of shocks to Russia's economy. .<br />Digital Journal reports that the Kremlin has called <br />Western sanctions over Russia's invasion of Ukraine <br />an "absolutely unprecedented" act of war. .<br />Digital Journal reports that the Kremlin has called <br />Western sanctions over Russia's invasion of Ukraine <br />an "absolutely unprecedented" act of war. .<br />The United States definitely <br />has declared economic war against <br />Russia and is waging this war, Dmitry Peskov, Kremlin spokesman, via Reuters.<br />This is absolutely unprecedented. <br />The economic war that has started against <br />our country has never taken place before, Dmitry Peskov, Kremlin spokesman, via Reuters.<br />The sentiment was echoed by Russian President <br />Vladimir Putin, who called the economic sanctions on Russia , "akin to a declaration of war.".<br />Earlier this week, <br />United States President Joe Biden <br />announced a ban on all Russian energy imports. .<br />Earlier this week, <br />United States President Joe Biden <br />announced a ban on all Russian energy imports. .<br />The move took aim at one of Russia's <br />main sources of income and a major <br />avenue of funding for its invasion. .<br />The move took aim at one of Russia's <br />main sources of income and a major <br />avenue of funding for its invasion. .<br />Harsh economic sanctions have been imposed on <br />many aspects of the Russian economy, including <br />the nation's financial and corporate systems. .<br />Harsh economic sanctions have been imposed on <br />many aspects of the Russian economy, including <br />the nation's financial and corporate systems. .<br />The sanctions have not only taken a toll on Russia's <br />economy but also on citizens who have been banned <br />from travel and access to Western brands. .<br />The sanctions have not only taken a toll on Russia's <br />economy but also on citizens who have been banned <br />from travel and access to Western brands. .<br />Digital Journal reports that the West has also sanctioned at least 26 Russian politicians and oligarchs, seizing billions of dollars worth of assets. .<br />Digital Journal reports that the West has also sanctioned at least 26 Russian politicians and oligarchs, seizing billions of dollars worth of assets.
