Date: 4 weeks ago   Category: Economy

The Wall Street Journal wrote about positive influence of sanctions of the USA on economy of Russia


The American sanctions inadvertently led to rise in the Russian economy, the The Wall Street Journal newspaper writes.

according to the edition, the combination which influenced improvement of an economic situation consists in the high prices of oil and ruble depreciation. As the newspaper writes, from the middle of August oil rose in price almost for 14%, generally thanks to sanctions of Washington against Tehran. At the same time the ruble fell in price by 17% since April when the USA introduced the next restrictions against Russia. Within months the Russian economy received benefit from the growing oil and the weakening ruble before falling of the price of raw materials in recent days, notes the edition.

"Is much better than Russia with the high prices of oil and weak ruble as from the point of view of the budgetary prospect it is twice positive", - the expert of Aberdeen Standard Investments investment company Victor Sabo explained to the edition.

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