MOUNTING FINANCIAL AND ECONOMIC PRESSURE ON RUSSIA, DUE TO THE USA AND EUROPEAN UNION COUNTRIES SANCTION AGAINST RUSSIA SEEMED TO HAVE REALIGNED THE YOUNGEST DEMOCRACY TO ADMIT RISING FINANCIAL AND ECONOMIC DIFFICULTIES, DUE TO SANCTION.

MOUNTING FINANCIAL AND ECONOMIC PRESSURE ON RUSSIA, DUE TO THE USA AND EUROPEAN UNION COUNTRIES SANCTION AGAINST RUSSIA SEEMED TO HAVE REALIGNED THE YOUNGEST DEMOCRACY TO ADMIT RISING FINANCIAL AND ECONOMIC DIFFICULTIES, DUE TO SANCTION.

       Mounting financial and economic pressure on Russia, due to the USA, European Union and Western countries sanction against Russia seemed to have realigned the youngest democratic government of Russia to admit rising financial and economic difficulties which has been attributed to rising inflation, declining export level and currency devaluation after a long period of time of over a year since the European Union Parliament and government concluded its debates for sanction against Russia and enacted the legislation that has authorized the implementation, or enforcement of the tougher sanction against Russia after Russia flexed its huge military muscles on Crimea region and annexed the Island of Krim as an independent nation of the Russian Federation. Russian finance Institutions, economic and Chamber of Commerce have responded promptly and increased interest rate to over seventeen percent (17%) which may temporarily compensate for the declining export rate and currency devaluation, due to the current sanction against Russia. However, President Vladimir Putin appeared unusually more relaxed, than serious in the brief televised interview broadcasted to both the domestic and International audience few hours ago in which the President emphasized the requirement for renewed political and diplomatic approach to the resolution of the conflict in East of Ukraine, instead of  Russian huge military muscles, or the USA, European Union countries along with few Eastern and Western European countries sanction against Russia.

                                              Written by Professor Godfrey Ohia.

Paypal account details : Name Professor Godfrey Ohia
E-mail address : ohiaprofessorgodfrey90@gmail.com
Address : --------------------------------------------------------