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Russian Roulette

A Sanctions Update with Eddie Fishman and Sergey Aleksashenko

Jun 27, 2024
Sanctions expert Eddie Fishman and economist Sergey Aleksashenko discuss the impact of US Treasury sanctions on Russia's war machine, strategies to undermine Kremlin's oil revenues, recent reshuffling in Russian elites, G7's proposal on leveraging Russian bank reserves for Ukraine, and using Russian central bank reserves to support Ukraine.
48:10

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Quick takeaways

  • Sanctions aim to disrupt Russian financial transactions, leading to de-risking by global banks.
  • Targeting Russian oil sales through financial sanctions poses challenges in impacting profits effectively.

Deep dives

Economic Impact of Sanctions against Russia

The recent podcast episode delves into the economic impact of Western sanctions on Russia, particularly focusing on the effectiveness of the measures in pressuring the Russian economy. Discussing the escalation of sanctions and the implications of the latest US Treasury announcement, the episode highlights the increased risks for foreign firms aiding Russia's war efforts. By targeting a broader range of Russian entities, including major banks, the sanctions aim to disrupt financial transactions with Russia, potentially leading to significant de-risking by global banks.

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