Now it will get expensive — for both sides.
The West is increasing the pressure on Russia. The first serious financial sanctions have been imposed against Russian companies. The sanctions will hit the crisis-ridden leviathan empire hard. Don’t be fooled by the Russian propaganda machinery with its slogans of “Nothing can bother us.”
With enormous income from the export of oil and natural gas, almost $500 billion (€370 billion) in foreign exchange reserves, a broad-based industry — Russia would see immune to sanctions. That’s a fallacy.
The slogans from Moscow are similar to ones we know from Iran. That rich oil-producing country also once scoffed, “The West can’t hurt us.” A short time later the country was at the negotiating table.