Politically-motivated sanctions see shift from dollar - Putin

October 24, 2014 1:49 PM

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The sanctions imposed on Russia by the US and the West, among other financial blunders, are mistakes that have triggered the world to de-dollarize. Russian President Putin describes this as like “cutting down the branches, upon which they are sitting.”

Putin said that sanctions have an overall negative effect on the entire global community, and actually motivate countries to seek financial sovereignty from the status quo.

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