Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Sheikh Qassem: Resistance is a source of power for Lebanon that must be preserved.
Sheikh Qassem: "Israel" must implement the agreement as Lebanon has already done so, and any new accord would amount to absolving it and opening the door to further attacks.
Sheikh Qassem: We do not wish to assume anyone's role; those accusing us of this must cease their accusations.
Sheikh Qassem: We will recover our lands through national solidarity; Resistance's goal is national liberation, while enemy goal is occupation.
Sheikh Qassem: Protection of sovereignty protects Lebanon. It is in real danger because of US belligerence, greedy Israeli expansion.
Qassem to Lebanese people: We are not asking for support but for us not to be stabbed in the back in the back or for some to serve Israeli interests; government is primary party responsible for [preservation of] sovereignty.
Sheikh Qassem: "Israel" can occupy, but it cannot persist in occupation of our land.
Sheikh Qassem: Intimidation will not change our stance of resistance and steadfastness. We are not advocates of surrender or defeat, and we will never accept it.
Sheikh Qassem: Where does US stand regarding enemy's unjustified assassination of a government worker and other civilian martyrs?
Sheikh Qassem: Is the Lebanese Army's defense of its land and citizens an accusation [leveled against it]? Where does US stand regarding the enemy's killing of civilians and constant destruction?

The US wants to take apart the Russian economy: Treasury

  • By Al Mayadeen Net
  • Source: Agencies
  • 18 Apr 2022 23:33
  • 2 Shares
3 Min Read

What's a better way for an empire to eliminate its competitors?

  • x
  • War affects any economy in the world -
    War affects any economy in the world, "except" for the US, which prints its own money in infinite abundance and recklessness.

Washington seeks to take apart the Russian economy, or in its own words, its "supply chain".

On Monday, the Deputy Treasury Secretary, Wally Adeyemo, announced that Washington wants to dismantle Russia's "war machine" by disrupting its defense industry and supply chain. 

Read more: US has interest in undermining Russia as energy supplier: Blinken

"The next phase of our work will be to take apart Russia’s ‘war machine’ piece by piece by disrupting their military-industrial complex and its supply chain," said Adeyemo in a virtual discussion organized by the Peterson Institute for International Economics.

However, this isn't so new. 

Earlier this month, US President Joe Biden said in response to Russia's special military operation in Ukraine, the United States and its allies will continue to ratchet up economic costs on the country and further isolate it.

Related News

US imposes flight restrictions off Puerto Rico under Pentagon orders

Venezuela thanks Russia for support, reaffirms strategic partnership

Furthermore, he also said the sanctions imposed on Russia have wiped away Russia's economic development over the last 15 years.

"Our sanctions are lucky to wipe out the last 15 years of Russia's economic gains and because we have cut Russia off from importing technologies like semiconductors and encryption security and critical components of quantum technology that they need to compete in the 21st century. We are going to stifle Russia's ability as an economy to grow for years to come," Biden said in an address to North America’s Building Trades Unions (NABTU) Legislative Conference.

In a similar context, Adeyemo "offered" an ultimatum, saying that sanctions can be reversed if Russia changes its behavior. This is quite peculiar considering that repeated studies keep showing the ineffective impact of sanctions. 

Read more: US sanctions on Russia likely to boomerang, drive inflation higher: Banker

"We always want to make sure that any sanctions that we put in place can at some point - if behavior changes - be reversed in order to make sure that threat actor knows that once sanctions are put in place, the goal is behavioral change ultimately," said Adeyemo during the discussion.

What does the US expect from the wave of sanctions? The Russian economy to shrink by 10%, and its imports to decrease by 37%, according to Adeyemo. 

"Russia’s economy is expected to contract by 10 percent," Adeyemo said. "Russia is seeing inflation spike with the World Bank estimating inflation to reach 22 percent over the course of this year. Analysts forecast that imports could fall as much as 37 percent, and the domestic demand could decline over 11 percent."

However, economists, advisors, analysts and - anyone with the slightest knack for intelligence - knows that the situation in Ukraine and the sanctions on Russia will drive the entire global economy downward. 

On Thursday, the International Monetary Fund warned of an impending global inflation shock that will affect even high-income countries. The sanctions on Russian exports have increased inflation in Europe and other continents. 

Read more: Reckless US sanctions on Russia trigger global inflation - The Global Times
  • United States
  • US Treasury Department
  • Russia
  • Wally Adeyemo
  • US Treasury
  • Biden
  • Ukraine
  • Department of Treasury
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Hi-tech holocaust: Microsoft’s role in Gaza genocide

Microsoft's role in world’s first AI-driven genocide, in Gaza, exposed

  • Technology
  • 28 Oct 2025
Sheikh Naim Qassem speaks during an interview with Al-Manar TV, October 26, 2025 (Screenshot)

Hezbollah ready to face 'Israel' in case of war: Sheikh Naim Qassem

  • Politics
  • 27 Oct 2025
The secret cloud deal: Google and Amazon “winking” pact with 'Israel'

With a 'wink', Israeli control over Google, Amazon cloud data exposed

  • Technology
  • 29 Oct 2025

Coverage

All
War on Gaza

Read Next

All
ap
Politics

Hamas calls on int’l community to act against Israeli settlement plan

In this Nov. 9, 2017, file photo, U.S. President Donald Trump, right, chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing. (AP)
Economy

Ex-US diplomat says Trump-Xi deal 'tactical retreat', not lasting deal

An unarmed Minuteman II intercontinental ballistic missile launches from Vandenberg Air Force Base, California, during a test in 2002. (US Air Force)
Politics

JD Vance defends Trump's nuclear test plan as 'crucial for security'

Ultra-Orthodox Jews attend the "million man" protest against military conscription, in occupied al-Quds, October 30, 2025 (AFP)
Politics

Haredi mass rally in al-Quds exposes Zionist regime's growing crisis

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS