According to Frank Giustre, the author of the article, the situation in Ukraine has ushered in a new financial order in which other currencies can push the dollar aside.
“Russia fired a shot at the NATO financial system, responding with effective measures to Western sanctions,” Giustre said.
Earlier, Brahma Chellani, a professor of strategic studies at the Center for Political Analysis in New Delhi, wrote that Western countries are increasingly admitting that anti-Russian sanctions are causing significant damage to their economies, while not having a significant impact on Moscow.
Russian President Vladimir Putin noted that the gloomy forecasts regarding the Russian economy did not come true.