Russia's Pres. Putin slams sanctions, says they impede global growth - Reuters
|While speaking before the leaders of Brazil, Russia, India, China and South Africa (BRICS) countries in Brazil late-Wednesday, Russian President Vladimir Putin voiced his concerns over the slowing global economy due to protectionism and sanctions, Reuters reports.
Key Headlines:
Situation in global economy is still difficult.
Global economy has been impacted by sanctions.
Protectionism is flourishing.
Russian economy is not rising enough.
Welcomes foreign investment in Russia’s of z bonds.
Russia is ready to increase usage of clean fuel, renewables.
The above comments had little to no impact on the market sentiment, as US equities finished slightly higher alongside the Wall Street futures while USD/JPY trades on the back foot around 108.80, unimpressed by the Fed Chair Powell’s testimony amid growing trade uncertainties.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.