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Forward Guidance
Can Europe's Economy Handle Russian Sanctions? | Frances Coppola
Apr 25, 2022
01:24:17
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- The limited sanctions on Russian energy, particularly gas, prevent a more comprehensive impact on the Russian economy.
- A comprehensive strategy is required to effectively respond to the Ukraine crisis, including arming Ukraine and addressing the underlying conflict through diplomatic means.
Deep dives
Impact of Sanctions on Russian Individuals
The recent sanctions imposed by the West on Russia have primarily targeted individuals, such as oligarchs and influential figures within Putin's regime. These sanctions aim to put pressure on those close to Putin in the hopes of influencing his plans regarding Ukraine. While the overall effectiveness of this strategy is debated, it has caused significant disruption for those affected, including restrictions on business operations and attempts to prevent the transfer of assets. However, it is noted that the most influential figures around Putin may not necessarily be those targeted by sanctions, raising questions about the extent of their impact.
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