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Putin: West’s Sanctions ‘Blitz’ Has Failed

(AP) Russia’s President Vladimir Putin says that the barrage of Western sanctions against Russia has failed.

Putin said Monday that the West “expected to quickly upset the financial-economic situation, provoke panic in the markets, the collapse of the banking system and shortages in stores.” He added that “the strategy of the economic blitz has failed.”

The Russian leader spoke in televised remarks during a video call with top economic officials.

Putin noted that “Russia has withstood the unprecedented pressure,” arguing that the ruble has strengthened and the country has recorded a historic high trade surplus of $58 billion in the first quarter of the year.

Instead, he contended that the sanctions backfired against the U.S. and its European allies, speeding up inflation and leading to a drop in living standards.

Putin acknowledged a sharp hike in consumer prices in Russia, saying they rose by 17.5% as of April on a year-to-year basis and directing the government to index wages and other payments to alleviate the impact of inflation on people’s incomes.


 Ukraine’s deputy prime minister said Russia can be prosecuted for war crimes over its refusal to allow humanitarian corridors for civilians trapped in the city of Mariupol.

Earlier on Monday, Iryna Vereshchuk had said no evacuations were possible for the second day in a row because of Russian attacks on civilian convoys.

“Your refusal to open these humanitarian corridors will in the future be a reason to prosecute all involved for war crimes,” she wrote on her Telegram and Facebook channels.

Vereshchuk called again on Russia to allow safe evacuation of civilians from Mariupol, especially especially the Azovstal steel mill, which covers more than 11 square kilometers (4 square miles) and is laced with tunnels.

According to Vereshchuk, the government had been negotiating passage from Mariupol and Berdyansk, among other towns, as well as from the Luhansk region. The Luhansk government said four civilians trying to flee the region were shot to death by Russian forces.

The Russians, in their turn, have accused the “neo-Nazi nationalists” in Mariupol of hampering the evacuation of civilians from Mariupol.


Ukrainian President Volodymyr Zelenskyy said Russian troops in southern Ukraine have been carrying out torture and kidnappings, and he called on the world Sunday to respond.

“Torture chambers are built there,” Zelenskyy said in an evening address to the nation. “They abduct representatives of local governments and anyone deemed visible to local communities.”

Zelenskyy said humanitarian aid has been stolen, creating famine.

In occupied parts of the Kherson and Zaporizhzhia regions, he said, the Russians are creating separatist states and introducing Russian currency, the ruble. Intensified Russian shelling of Ukraine’s second-largest city, Kharkiv, has killed 18 people and wounded 106 in the last four days alone, Zelenskyy said.

“This is nothing but deliberate terror. Mortars, artillery against ordinary residential neighborhoods, against ordinary civilians,” he said.

He said a planned Russian offensive in eastern Ukraine “will begin in the near future.”

Zelensky again called for increased sanctions against Russia, including its entire banking sector and oil industry. “Everyone in Europe and America already sees Russia openly using energy to destabilize Western societies,” Zelenskyy said. “All of this requires greater speed from Western countries in preparing a new, powerful package of sanctions.”

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