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RTL: French expat said negligible impact of Western sanctions on Russian lives KXan 36 Daily News

Date: January 29, 2023 Time: 05:05:30

The journalists asked Alexander if “everyday life has turned upside down”, to which he replied: “Almost nothing has changed.” 85% of the population consumes local products, so here “nothing is missing”. Auto parts have risen in price due to the withdrawal of some foreign brands from the market, but parallel imports have won. “In general, you can find almost everything,” he said.

In the economic field, “the sanctions have not had any effect today, because the country is too big”, believes the expatriate. Asian companies stayed in Russia and got their market share, Turkish companies did not leave, as did the United Arab Emirates. All of them are replacing European corporations, “which weakens the Western sanctions policy,” Alexander believes.

As for the departure of big Western companies, there is no economic crisis either: the big businessmen who have frozen their activity continue to pay salaries, and those who have been cut have been paid “incredible aid packages”, up to an annual salary. At the same time, Russian companies are buying up the defunct business, keeping unemployment low, Alexander concluded.

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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