In his speech in Iowa, US President Biden stated that the reason for the increase in inflation in his country was the Russia-Ukraine war.
“WE ARE AFFECTED BY INCREASED PRICES WORLDWIDE”
Noting that they are doing their best to reduce the impact of price increases in the country on citizens, Biden said, “We were affected by the Ukrainian occupation’s increase in fuel and food prices all over the world. China, Russia and Ukraine, the world’s largest grain producers, do not produce as before. Therefore, the price of everything increases. Today’s We saw that 70 percent of the announced inflation was due to fuel and food prices. he said.
“PUTIN’S PRICE RISE”
Expressing that they are working with Congress to reduce the effects of inflation, Biden described inflation as “Putin’s price increase”.
Stating that they release 1 million barrels of oil from strategic oil reserves every day to reduce fuel prices all over the world and in the USA, and that other countries take similar steps, Biden said, “Your family’s budget, your power to fill your car’s tank, a dictator’s (Putin) war on the other side of the world. It should not depend on declaring it and committing genocide.” used the phrase.
USED THE EXPRESSION ‘GENOCIDE’ FOR THE FIRST TIME
Biden, who previously described the events in Bucha as a “war crime”, used the term “genocide” for the first time for Russia’s actions in Ukraine.