US, allies weaponizing sanctions to curb Russian aggression
2 years, 9 months ago

US, allies weaponizing sanctions to curb Russian aggression

Associated Press  

WASHINGTON — President Joe Biden and U.S. allies in a matter of days weaponized the global economy against Russia for invading Ukraine, and the resulting destruction has been devastatingly fast. “If the conflict settles into an extended bloody stalemate, however, the sanctions may force him to withdraw and declare victory.” But Steil cautioned that the sanctions and the freezing of Russian central bank assets could cause other countries to move away from using the U.S. dollar in international transactions, making it easier for them to resist the kind of pressure now being put on Russia. “China will take the sanctions as a warning that it, too, must take firmer steps to reduce dollar dependence.” French Finance Minister Bruno Le Maire went so far as to say during a Tuesday radio interview that there was “a total economic and financial war against Russia.” Le Maire later walked back those remarks in a written statement that said the term “war” was inappropriate. White House press secretary Jen Psaki said Wednesday on MSNBC that the administration is “very open” to sanctioning Russian’s energy sector, though any sanctions would be weighed against costs for U.S. drivers. Putin has weaponized, like, an entire society against an innocent country.” Following Saturday’s sanctions against the central bank, Putin placed Russian nuclear forces on high alert, a serious escalation and a sign of heightened tensions in trying to stop the Ukrainian war and contain Russia through economic penalties.

History of this topic

Russia's adaptability to US sanctions stymied their effectiveness, economists say
2 months, 4 weeks ago
Russia warns response to US sanctions on RT will make ‘everyone shudder’
3 months, 2 weeks ago
Sanctions on Russia-related trade unwarranted, high- and heavy-handed: China Daily editorial
3 months, 4 weeks ago
Sanctions show US stubbornly clinging to the reins of its high horse of war: China Daily editorial
6 months, 1 week ago
Sanctions show US stubbornly clinging to the reins of its high horse of war: China Daily editorial
6 months, 1 week ago
US expands Russia sanctions, targeting entities in China, UAE and Turkey
6 months, 1 week ago
Biden allows Ukraine to hit Russian targets with US arms, angering Moscow
6 months, 3 weeks ago
US sanctions hundreds of individuals, firms over Russia’s war in Ukraine
7 months, 3 weeks ago
After EU, US slaps Russia with 500 new sanctions over Ukraine invasion and Navalny's death
10 months ago
U.S. Piles New Sanctions On Russia For Ukraine War's 2nd Anniversary, Navalny's Death
10 months ago
US and EU pile new sanctions on Russia for the Ukraine war’s 2nd anniversary and Navalny’s death
10 months ago
US to impose 500 new sanctions on Russia's ‘war machine’; indicts Russian businessmen
10 months ago
Ukraine war second anniversary: US to impose tougher sanctions on over 500 targets in Russia on Friday
10 months ago
US to impose sanctions on over 500 targets in Russia amid war with Ukraine
10 months ago
US sanctions 500 Russia-linked targets ahead of Ukraine war anniversary
10 months ago
Biden announces over 500 new sanctions for Russia's war in Ukraine and Navalny death
10 months ago
U.S., EU add sanctions on Russia for Ukraine war, Navalny’s death
10 months ago
US to impose sanctions on 500 targets in Russia to mark Ukraine war anniversary
10 months ago
US promises new sanctions on Iran for its support of Russia’s war in Ukraine, potential missile sale
10 months ago
EU agrees on new sanctions against Russia days before the second anniversary of the war in Ukraine
10 months ago
Biden ‘will be happy’ to impose major sanctions on Russia for 'what it's done' to Navalny, Ukraine
10 months ago
US to impose ‘major sanctions’ on Russia over Navalny death, Ukraine war
10 months ago
US vows ‘major sanctions’ on Russia over Alexei Navalny's death
10 months ago
Opinion: Amid the Ukraine war, are sanctions against Russia working?
1 year ago
U.S. imposes new round of sanctions over Russia’s invasion of Ukraine
1 year ago
The US sanctions more foreign firms in a bid to choke off Russia’s supplies for its war in Ukraine
1 year, 1 month ago
U.S. sanctions more foreign firms in bid to choke off Russia’s supplies in Ukraine
1 year, 1 month ago
New US sanctions target workarounds that let Russia get Western tech for war
1 year, 3 months ago
EU countries agree on a new package of Russia sanctions over the war in Ukraine
1 year, 6 months ago
Sanctions against Russia and what the G7 may do to fortify them
1 year, 7 months ago
Here come more sanctions: How effective are they are stopping Russia’s invasion of Ukraine?
1 year, 7 months ago
U.N. chief and West berate Russia's top diplomat over Ukraine
1 year, 8 months ago
US, UK aim sanctions at Russian oligarchs’ finance networks
1 year, 8 months ago
US sanction officials plan missions to clamp down on Russia
1 year, 8 months ago
EU approves 10th package of sanctions on Russia over Ukraine war
1 year, 10 months ago
US announces new Ukraine aid, Russia sanctions on war anniversary
1 year, 10 months ago
US plans to impose new export controls and fresh round of sanctions on Russia – Firstpost
1 year, 10 months ago
Russian Foreign Minister Lavrov in Iraq to Discuss US Sanctions over Ukraine
1 year, 10 months ago
US slaps sanctions on Russian naval entities, asks latter to end 'brutal campaign' against Ukraine
2 years ago
EU to discuss Russia, Iran sanctions, top up of Ukraine arms fund
2 years ago
US sanctions non-Russians linked to military suppliers
2 years, 1 month ago
Yellen announces new US sanctions on Russian military networks
2 years, 1 month ago
U.S. sanctions non-Russians linked to military suppliers
2 years, 1 month ago
United States to continue enforce sanctions on Russian, Iranian arms trade
2 years, 2 months ago
US announces ‘severe’ Russia sanctions over annexation in Ukraine
2 years, 2 months ago
Zelenskyy aide: Ukraine needs funds, expand Russia sanctions
2 years, 3 months ago
Opinion: Putin’s extortion must not succeed
2 years, 3 months ago
Russia Ukraine war: Putin's rumoured girlfriend Alina Kabaeva hit with latest US sanctions
2 years, 4 months ago
Ukraine: Joe Biden to discuss 'additional' Russia sanctions with G7 this week
2 years, 7 months ago
As the Russia-Ukraine war drags on, what is the endgame for sanctions?
2 years, 7 months ago

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