US Says Russia Is, 'Desperate' to End Sanctions , After Putin Slams 'Dictatorship'.<br />US Says Russia Is, 'Desperate' to End Sanctions , After Putin Slams 'Dictatorship'.<br />NBC reports that the White House has struck back at Russian President Vladimir Putin after he repeatedly slammed the Western world in a recent speech.<br />NBC reports that the White House has struck back at Russian President Vladimir Putin after he repeatedly slammed the Western world in a recent speech.<br />On September 7, Putin spoke at the Eastern Economic <br />Forum in Vladivostok, accusing the United States of <br />driving up the cost of living in Europe as energy prices soar.<br />On September 7, Putin spoke at the Eastern Economic <br />Forum in Vladivostok, accusing the United States of <br />driving up the cost of living in Europe as energy prices soar.<br />According to Putin, economic strain on Europe <br />and beyond is the result of sanctions imposed on Russia for its invasion of Ukraine.<br />According to Putin, economic strain on Europe <br />and beyond is the result of sanctions imposed on Russia for its invasion of Ukraine.<br />The U.S. State Department defended its actions, claiming that, “sanctions and export controls are working, and President Putin is desperate to convince the world otherwise.”.<br />The U.S. State Department defended its actions, claiming that, “sanctions and export controls are working, and President Putin is desperate to convince the world otherwise.”.<br />Russia’s economy is vulnerable to <br />the cutoff from the global economy <br />and will surely suffer a sustained <br />decline in economic activity. , State Department spokesperson, via NBC.<br />Putin’s war is projected to wipe out <br />much of Russia’s economic gains <br />over the last 15 years, State Department spokesperson, via NBC.<br />According to a State Department spokesperson, , Moscow is being forced to spend more <br />in order to prop up Russia's economy.<br />NBC reports that Russia has mitigated <br />the impact of international sanctions by <br />turning to India and China to sell its oil.<br />In August, Reuters reported that Russia's <br />Economy Ministry expects energy exports to rise <br />to $337.5 billion in 2022, a 38% increase from last year.<br />On August 7, Putin said that Moscow would have a budget <br />surplus in 2022, while also conceding that growth and gross <br />domestic product might fall “around 2% or a little more.”.<br />On August 7, Putin said that Moscow would have a budget <br />surplus in 2022, while also conceding that growth and gross <br />domestic product might fall “around 2% or a little more.”
