CGTN : Nobel Laureate in Economics Spence Urges US to “Get Out” With Sanctions

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March 7 – BLiTZ. The United States needs to quickly “tie up” with sanctions. This opinion was expressed by the Nobel Prize winner in economics Michael Spence in an interview with the Chinese TV channel CGTN. writes “MK”.

According to him, recently the United States has been abusing economic and financial pressure on other powers to achieve non-economic goals. In many cases, according to the economist, restrictions are ineffective, especially when it comes to big players with a market economy.

In addition, the sanctions have a negative impact on the financial and trade systems, hinder coordinated and cohesive cooperation between different countries, Spence stressed.

Putin on Western sanctions: “There would be no happiness, but misfortune helped” March 7, 2023 at 14:11

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