Search engine Yandex denies transfer of Ukrainians' personal data to Russian intelligenceWorld May 30, 0:11
At least 137 people injured in Moscow storm — sourceWorld May 30, 0:05
Ukraine's security service accuses search engine Yandex of leaking personal info to MoscowWorld May 30, 0:03
Kamaz to supply at least 1,000 trucks to Philippines by 2020Business & Economy May 29, 21:49
Moscow ready to offer clarifications over incident with Montenegrin MPRussian Politics & Diplomacy May 29, 21:09
Moscow mayor says Monday's hurricane in Moscow 'unprecedented'Society & Culture May 29, 20:56
Moldovan president slams government’s decision to expel Russian diplomatsWorld May 29, 20:52
Macron lashes out at Russian news agency Sputnik, RT channel over campaign coverageWorld May 29, 20:11
Macron says no international problem can be solved without RussiaWorld May 29, 19:51
WASHINGTON, October 11. /TASS/. Sanctions and counter-sanctions due to the conflict in Ukraine only harm everybody, including the world economy, Moody’s Analytics Chief Economist Mark Zandi told TASS on Friday.
“I think it’s having a significant impact on Europe,” he said commenting on the effects of sanctions.
“It's one reason why the European economy has slowed since the beginning of the year. I think the impact on the US economy, at least so far, is not meaningful,” Zandi said.
He declined to predict how long the sanctions would last. “It's hard to know. It looks like it's gonna go on for a while though. It's not gonna go away quickly,” Zandi said.
Answering a question if there is anyone who can benefit in the present situation, he replied negatively. “It's all downside. Unfortunately for Russia, for Eastern Europe, and for the world economy - it's all downside,” Zandi said.