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April 21, 2022
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US sanctions against Russia cause boomerang effect in the West

US sanctions against Russia cause boomerang effect in the West

“The US sanctions against Russia have generated a boomerang effect against the peoples of the West,” said the President of the Republic, Nicolás Maduro during a day of productive Wednesdays.

“The US sanctions against Russia have generated a boomerang effect against the economy of Europe, the United States and the world,” he stressed.

From the Miraflores Palace, the Head of State advocated for the lifting of the sanctions illegally imposed by the United States on Russia, Venezuela, Cuba, Nicaragua and all the peoples of the world. “They use the dollar to twist the arms of the world, they use the banking system,” he denounced.

He stressed that the constant sanctions against Russia show that international markets and organizations are not independent and are only at the service of the United States.

«The concept of sanctions shows you that the economy is not neutral, that international banks, the World Bank, the International Monetary Fund, are at the service of politics, ideology, the power struggle of those who rule in the United States. and Europe,” he emphasized.

Maduro referred that US inflation is the highest for decades.

anti-boomerang plan

After the illegal sanctions imposed by the United States on Russia, President Maduro reported that Venezuela is preparing an Anti-Boomerang Plan for the protection of the people.

For her part, the Executive Vice President of the Republic, Delcy Rodríguez, emphasized that this plan contemplates:

  • 1) Promote national production through tariff and para-tariff policies
  • 2) Keep the people as educated consumers to combat speculation
  • 3) Promote the production of legumes and oils.

For this point, Rodríguez explained that next Friday they will hold a meeting with farmers and the National Council of Economy in order to fine-tune the details to present the proposal next week.

Similarly, work will be done to keep the people “as an educated consumer to combat speculation,” as well as to boost production in the fields of legumes and oil, because these are the ones that have generated the most impact on the rise in inflation. in some nations.

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