The Globalist Trump’s sanctions threats and Russia’s reply
Jan 24, 2025
Charles Hecker, a Russia analyst and author of "Zero Sum," discusses the resilience of Russia's economy under sanctions and its vulnerabilities from military spending. Florian Egley shares insights on the global impacts of U.S. climate policy withdrawals, emphasizing the responsibility of the U.S. in addressing climate change. Navina Kotor highlights the significance of African leadership in shaping regional cooperation amidst political turmoil. They also reflect on cultural events like Paris Fashion Week and the Oscars, connecting fashion and politics.
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Russia's Economic Resilience
- Russia's economy has been more resilient to sanctions than predicted.
- This is due to continued oil sales, especially to India and China, and sanctions workarounds.
How Sanctions Impact Russia
- Sanctions are impacting Russia by increasing expenses and slowing processes.
- Internal factors, like military spending and labor shortages, are also hurting their economy.
Sanction Strategies
- Tariffs on Russia are ineffective due to already low trade levels with the US.
- Secondary sanctions targeting countries like India and China would be more impactful but risky.