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The Japan News/Yomiuri
The Japan News/Yomiuri
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Editorial

Minimize negative impact of rising oil prices amid invasion of Ukraine

Following the Russian military's attack on Ukraine and the economic sanctions imposed by Japan, the United States, and Europe, a blow to the entire global economy is inevitable.

The Japanese government should make every effort to minimize the impact of rising resource prices while cooperating with powerful sanctions.

Japan, the United States and European countries have decided to impose additional sanctions on Russia, including tighter controls on the export of high-tech products and an asset freeze on major Russian banks. It is only natural for the international community to hit Moscow with harsh sanctions over its outrageous acts.

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