Expert tells how sanctions to affect Russia's future

REUTERS The harsh fall of the ruble and plunging Russian stock markets is a reaction to the preparation by Washington of a new set of more stringent anti-Russian sanctions, according to investment banker Serhiy Fursa. "Unfortunately, the Russian economy has a large margin of safety, so it will not collapse in the near future," Fursa told the news portal Glavred. "Sanctions, of course, affect the Russian economy, but they take away the future rather than destroy the present," Fursa said. Read alsoCollapse continues: Russia&#39;s ruble updates 2-year low "The collapse of the Russian Federation is what Ukraine needs but it is hardly what global players seek, because no one wants to see 20 new caliphates with a nuclear bomb at their disposal," the expert believes. "Undoubtedly, the collapse of Russia is a risk factor. At the same time, for Ukraine, which, due to emigration, will soon face a deficit of cheap labor, the potential collapse of Russia could become a factor in the inflow of that very labor force," Fursa said. "Now the U.S. Congress has prepared a much more powerful draft of a Russia sanctions act, which can significantly damage the Russian economy, and what we see today – the strong fall of the ruble and the fall of Russian stock markets – is due to the fright of those potential sanctions that could be imposed in the near future," said the expert. As UNIAN reported, the rating of Putin&#39;s public support fell to the level of 2013.

Expert tells how sanctions to affect Russia's future

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