Since the outbreak of the Russia-Ukraine crisis, the U.S. has been misusing its position as a superpower and the world's largest economy. While major European Union countries have been working to defuse the tensions between Russia and Ukraine, the US has been hyping up the "threat" Russia's "aggressive policies" pose to regional and global peace, and warning that it would impose severe economic and political sanctions on Moscow if it doesn't toe its line.
The US administration has also said it will not allow Russia's Nord Stream 2 gas pipeline to supply energy to European countries in total disregard of the interests of Germany and other European countries that depend heavily on Russian oil and gas. The US seems least bothered by the fact that its move would further deepen the current energy demand-supply imbalance. What challenges have US sanctions brought to the economy domestically and globally? Watch the video for more details.
Comment