trade, by restricting exports of technology and imports of Russian oil and gas; finance, by preventing transactions by designated Russian banks; official assets, by freezing much of the Russian central bank’s foreign-exchange reserves; foreign investment, by forcing Western firms to cease operations in Russia; and personal assets, by expropriating possessions of Russian oligarchs and officials.
But policymakers must first answer a more fundamental question: Is the current sanctions strategy truly serving the West’s interests, or are there better ways to achieve the same goal? The ramifications of this decision may not be visible today, but the damage will become apparent over time. Other countries might be less willing to hold reserves in US dollars or euros, or deal with US banks. And some large countries, such as China, might one day be tempted to apply the same measure against the US, citing the current expropriation as a precedent.
What a waste of time. War I'd an end game strategy so it implies that either you engage full military tactics or as the west has chosen engage in sanctions. Sanctions by design in such circumstances should endeavour to generate the same impact as war. Actually never does
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The West has got its Russia sanctions wrongThe West has got its Russia sanctions wrong - Restricting supplies from the West would be effective – and it should not have expropriated goods that Russia legitimately acquired The current sanctions reflect more the failings of the West to respond to the 2008 invasion of Georgia which was on the same nato invite list at 2008 national Bucharest conf. Then the lazy ineffective response to invasion of E Ukraine in 2014.
Source: mailandguardian - 🏆 2. / 92 Read more »
Putin opines sanctions hurting West more than RussiaPutin opines sanctions hurting West more than Russia Russian President Vladimir Putin said Western countries were worse hit by sanctions by looking at the 20% sharp rise of inflation in Europe.
Source: TheSAnews - 🏆 25. / 59 Read more »
Russia angered over Finland NATO overture: Russia threatens to retaliate as Finland seeks to join NATOHELSINKI/KHARKIV, Ukraine, May 12 (Reuters) - Finland said on Thursday it would apply to join NATO 'without delay', with Sweden expected to follow, as Russia's invasion of Ukraine looked set to bring about the very expansion of the Western military alliance that Vladimir Putin aimed to prevent. whereas I would have been totally against any Russian miltary moves against Finland, I would now support it. I'm not pro-Russia. More anti EU. And history explains that.
Source: dailymaverick - 🏆 3. / 84 Read more »
Russia Today is back on SA TV | ChannelRussia's state-sponsored TV channel Russia Today (RT) is back on South African television after China's StarTimes picked up the channel despite international sanctions. TVwithThinus A disgrace
Source: Channel24 - 🏆 48. / 51 Read more »
Naledi Pandor slams UN Security Council over Russia-Ukraine war'The conflict has exposed the inadequacy of the UN system and highlighted the need for serious attention to our repeated calls for substantive reform of the Security Council and the UN itself,' said Pandor. These fat cats Says you what make think anyone would notice
Source: TimesLIVE - 🏆 28. / 59 Read more »
Business Maverick: Russia Curbs Gas Supplies to Germany in Warning for EuropeGermany said Russia is using energy as a “weapon” after Moscow reduced natural gas supplies in retaliation for Europe’s penalties over the war in Ukraine. The US is using the EU to engage in a proxy war with Russia with the aim of regime change. Ukraine is just the means, they don’t care about any Ukrainiens or protecting the so called democracy. War is big business for the US and they will prolong it as much as possible…$$$ Germany must just drill with an articulated drill into the same gas source! It belongs to everyone not only the Russians!
Source: dailymaverick - 🏆 3. / 84 Read more »