Western sanctions protecting Russian financial system from global crisis – Kremlin ...News

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Western sanctions protecting Russian financial system from global crisis – Kremlin
Being disconnected from international banking has turned out to be “a blessing in disguise” for Moscow, Dmitry Peskov says The Russian financial sector is practically immune to the effects of an unfolding US banking crisis largely thanks to Western sanctions, Kremlin spokesman Dmitry Peskov told reporters on Tuesday. When asked about a spillover effect from the collapse of US lenders, which has led to a global stock rout, Peskov said problems in the American banking system cannot affect Russia in any way. “Our banking system, of course, has, let’s say, certain connections with some segments of the international fi

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