NYT: Russia's economic growth will surpass that of the US and the EU

The New York Times has reported that the Russian economy is strong and strong, contrary to the expectations of the Western governments, which expected the economy to be fully crippled by their sanctions against Moscow. According to the American newspaper, the harsh Western sanctions against Russia since the start of the war in Ukraine, have had no other results than pushing Russia to reconsider its economy by jacking up production and channeling a lot of money into the industrial sector. The New York Times has quoted estimates from the Central Bank of Russia that show that Russia's income will increase by 2.5 percent this year, and may surpass that of the European Union and even the United States.

 According to the American newspaper, the currency of the Russian ruble suffered a shock in the spring season last year 2022 only, but after that, its value has continued to strengthen and gain strength. Russia's economy has been able to withstand the EU's restrictions. Similarly, a new report by the World Bank explains that the member countries of the BRICS group, including Russia, have left the G7 countries in the dust in the level of participation in global economic growth. Economists say that Western countries, led by the United States, are now fully aware of the shift in international power from the West to the East, and are making strategies to create problems to create international conflicts.

The New York Times