President of the American Institute for Economic Research William Ruger said on air of the Fox News TV channel that America “shot itself in the foot” with anti-Russian sanctions. This was reported by RIA Novosti.

“The typical picture we see from the current administration is of policy decisions that seem like they should benefit American taxpayers or people abroad, but in fact turn out to be a shot in their own foot,” the agency quoted the professor as saying.

Ruger assessed Russia’s rise in energy revenues as a consequence of improper actions on the part of the countries that imposed sanctions.

“And then in our eyes the United States declares: you know, we need to allocate subsidies for global food aid,” the scientist concluded.

On June 18, it was reported that large-scale protests began in the British capital over the rising cost of living and record inflation in the country. The British Congress of Trade Unions, the organizer of the action, said that workers are suffering the “longest and toughest” reduction in income in history.

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