Sanctions

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7 mins read

Sanctions on Moscow have hurt European economies while Russia’s has GROWN – and have only encouraged Putin to form stronger ties with China and be more aggressive towards the West

Experts said Europe is ‘shooting itself in the foot’ with current sanctions strategy. They warned Russia is developing considerable resilience to sanctions regimes

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5 mins read

Western banks warn of risks in EU plan to grab Russian assets, sources say

LONDON, March 22 (Reuters) – Some western banks are lobbying against EU proposals to redistribute billions of euros in interest earned on frozen Russian assets, senior industry sources said, fearing it could lead to costly litigation. European Union leaders on […]

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1 min read

VIDEO: James K. Galbraith: On the Futility of Russian Sanctions

James Galbraith challenges common perceptions about western sanctions and their impact on Russia, revealing unexpected outcomes for its economy and development.

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4 mins read

When sanctions fail

After Russia invaded Ukraine in 2022, Western nations imposed the most extensive sanctions and trade restrictions in history on Moscow. Today, Russia appears to be doing OK.

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10 mins read

Seizing Russian Assets: Ruble Wise but Dollar Foolish

Grabbing Russian wealth would set a dangerous precedent and, worse, prolong the war in Ukraine.

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6 mins read

Sanctions on Russia and the Stampede of the Gadarene Swine 

In February 2022, when Russia finally invaded Ukraine to end the terrorist attacks and harassments that had killed 14,000 people in the secessionist provinces of Donetsk and Lugansk over the previous eight years, the Obama administration in Washington and its armchair warrior hero allies in Western Europe eager imposed on Moscow vastly more punitive sanctions than had ever been imposed on Nazi Germany, Imperial Japan or Fascist Italy when they were conquering and raping vast regions of the world in the 1930s.

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4 mins read

How Russia Won the Sanctions War With the West | Opinion

It is now abundantly clear that Russia has defeated the Western sanctions regime that was intended to cripple its economy and force its withdrawal from Ukraine. Instead of collapsing, the Russian economy is growing rapidly. Russia’s GDP grew by an impressive 5.5 percent in the third quarter of 2023. Final figures for the year are not yet in, but Russian GDP growth for all of 2023 should exceed 3 percent. Ironically, the Russians are doing rather better than those who imposed sanctions on them. In 2023, the U.S. economy grew by 2.4 percent while the German economy shrank, and the EU as a whole grew by less than 1 percent. Instead of withdrawing from Ukraine, Russia has increased the size of its invasion force from 190,000 troops in February 2022 to more than 600,000 today.

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9 mins read

Russian sanctions boomerang effect means a year of stagnation for Europe in 2024

The boomerang effect of the Russian sanctions on the EU member states is having a mixed impact. Germany, France and Italy are worst affected as the pain from the changes in energy and input supplies impact their economies, dragging them down into recession, while the less dependent on Russia like Spain and Portugal are already showing signs of recovery, according to ING analysis.

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4 mins read

The west would harm itself with rash seizures of frozen Russian assets

A watertight legal basis for confiscations is lacking because the US and its allies are not openly at war with Moscow

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31 mins read

LONG READ: The boomerang effect: sanctions hurt Europe more than Russia

The boomerang effect: sanctions are hurting the West more than Russia.