The Sanctions Dilemma: How Sanctions Against Russia Affect Regional Integration within the EAEU StatesEkaterina Arapova
The size of the Russian economy is relatively modest, but current sanctions could have an outsized impact on the global economy. Here’s why. Ira Kalish United States Although Russia has 146 million people1and the largest land mass in the world, its economy is relatively modest in size, wi...
We have discussed elsewhere the effects of sanctions on Russia more broadly and highlighted that they are effective, even though the assessment is difficult given the large number of sanctions and the simultaneous effects of the war itself. Here we focus on how Russia has shifted to a war econo...
Last week, Russia's space programannouncedit would halt selling rocket engines to the United States. The move is the Russian space agency's latest in various retaliatory responses towards Western sanctions placed on the country since its invasion of Ukraine, reports Becky Ferreira forVice. "In a...
Narrator: After Ukrainian President, Volodymyr Zelenskyy, said the west sanctions on Russia were not enough to prevent further Russian attacks on his country, a powerful coalition representing some of the world’s biggest democracies announced it would block some Russian banks from SWIFT. The move ...
Cuba, Iran, and North Korea have been subject to U.S. trade embargoes.345 Sanctions Examples Economic sanctions against apartheid-era South Africa were often credited as a contributing factor in the peaceful transition to majority rule there.6In 2021, economic sanctions included restrictions on U...
Whenever a country is sanctioned, there is always the question of the effectiveness of the sanctions. In the present case of Russia, one loophole of some significance is the EurAsian Economic Union (EAEU), of which Russia is a member. Being a member means that there are no barriers to Russ...
Over the past year, sanctions have descended on Russia's economy but, to the surprise of most economists, it has weathered the storm. This is largely down to the country's oil and gas reserves. Although Europe turned its back on Russian energy exports, the country was able to exploit dela...
How have multinational firms been affected? In Russia, the much larger of the two markets, the political and economic consequences of the war have been costly though not as severe as some expected. Unprecedented sanctions, designed to undermine Russia’s military might by crippling its econo...
In fact, a self-serving United States never truly treats its "allies" as friends. The EU's strict sanctions against Russia, following America, have led to a tense energy supply, increased inflation, and a cost-of-living crisis across Europe. Meanwhile, American companies exporting energy are ...