The newspaper writes that "the world economy is entering an era of high inflation at an accelerated pace."

The article says that the rapid growth of inflation in the world contributed to many factors, including the coronavirus pandemic.

At the same time, the author of the article notes that “undoubtedly, global inflation was exacerbated” by the rise in prices for energy resources and a number of other goods caused by the events in Ukraine, and “reckless sanctions” against Russia imposed by Western countries led by the United States.

Earlier, Russian Ambassador to the United States Anatoly Antonov said that the American side is trying to force Latin American countries to join anti-Russian sanctions through threats.

President Vladimir Putin noted that the refusal of a number of Western countries to cooperate with Russia hit the Americans and Europeans themselves.