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Kremlin Warns of Long-Term Global Economic Fallout
(MENAFN) The Kremlin declared on Sunday that the US-Israeli operations in the Middle East have triggered severe repercussions for the global economy, with effects expected to endure over time.
In an interview with a Russian state news agency, Kremlin spokesperson Dmitry Peskov remarked: "We are now seeing extremely devastating consequences of this war for the global economy and for regional geopolitics. These consequences will probably not be short-term; they will have a long-term effect."
Peskov also noted that Russia has yet to decide on joining the Board of Peace, initiated by US President Donald Trump, adding that "the concept appears less relevant than before against the backdrop of US aggression in the Middle East."
The Board of Peace was formally launched in January, with 19 nations signing its charter in Davos. The body was originally intended to oversee the Gaza Strip under the agreements between Israel and Hamas, but Washington is now pushing to expand its role to prevent and mediate conflicts in other regions.
Regarding the recent visit of Russian lawmakers to the United States, Peskov described the meetings as "useful," expressing hope that dialogue between Russian and US parliamentarians will continue. "Of course, this trip is very useful," he said. "We hope that these contacts will be followed by new ones, perhaps more substantive," he added.
In an interview with a Russian state news agency, Kremlin spokesperson Dmitry Peskov remarked: "We are now seeing extremely devastating consequences of this war for the global economy and for regional geopolitics. These consequences will probably not be short-term; they will have a long-term effect."
Peskov also noted that Russia has yet to decide on joining the Board of Peace, initiated by US President Donald Trump, adding that "the concept appears less relevant than before against the backdrop of US aggression in the Middle East."
The Board of Peace was formally launched in January, with 19 nations signing its charter in Davos. The body was originally intended to oversee the Gaza Strip under the agreements between Israel and Hamas, but Washington is now pushing to expand its role to prevent and mediate conflicts in other regions.
Regarding the recent visit of Russian lawmakers to the United States, Peskov described the meetings as "useful," expressing hope that dialogue between Russian and US parliamentarians will continue. "Of course, this trip is very useful," he said. "We hope that these contacts will be followed by new ones, perhaps more substantive," he added.
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