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Money Talks: Is the West losing its sanctions war?

Money Talks from The Economist

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Navigating European Reluctance and Global Implications of Seizing Russian Assets

This chapter delves into the US push for confiscating frozen Russian reserves in the EU, specifically in Belgium and France, amidst tensions with Russia and the conflict in Ukraine. It explores the challenges of European cooperation, the risks associated with asset seizure, implications for global reserve currencies, and the need for a nuanced approach to sanctions involving incentives. The discussion also touches on historical effectiveness of sanctions, evolving strategies, and the fine balance between punitive measures and incentivizing compliance.

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