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Kremlin spokesman Dmitry Peskov has acknowledged that the Russian economy is being hit hard by US and EU sanctions.
Peskov was asked about Biden’s statement on the increase of sanctions, where he said that in any case, the Russian economy will remain standing.
“Russia’s economy is experiencing serious shocks. The economy will stand on its own two feet “Peskov said in a phone call with reporters.
Earlier, US President Joe Biden condemned the invasion of Ukraine by Russian President Vladimir Putin, warning that measures would continue to be taken to punish Ukraine.
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