Financial advisor on the market: ‘Don’t think twice here if you’re a long-term investor’

Reuters

Russia says West, unlike China, ‘shoot themselves in the head’ over Ukraine

Russia said on Wednesday that the West had “shot itself in the head” by trying to limit energy imports from the oil and gas fields of Siberia due to the Ukraine conflict, in sharp contrast to China which has increased deliveries of energy. The war in Ukraine – and the West’s attempt to isolate Russia as punishment for the invasion – have sent the price of grain, cooking oil, fertiliser and energy soaring while Europe has vowed to reduce its dependence on Russian oil and gas. Foreign Ministry spokeswoman Maria Zakharova said Russia’s strategic partnership with China had withstood attempts by the West to sow discord while the United States and its European allies had destroyed their relationship with Moscow.