Al Jazeera: Sanctions on Russia may not be working, we now know why
European businesses and third countries are actively circumventing sanctions, providing Russia with sanctioned goods and thus helping its war effort.
On February 25, 2022, a day after Russia undertook a full-scale invasion of Ukraine, the European Union introduced unprecedented sanctions against the aggressor. The measures were intended to send a clear signal to Moscow that there would be severe consequences for its actions.
The sanctions targeted Russian President Vladimir Putin’s inner circle, as well as Russian companies and several sectors of the Russian economy. In the following months, the sanctions regime against Russia was expanded with eight more instalments, hitting its most valuable exports to Europe – oil and gas – and curbing its access to products that could be used in its war on Ukraine.
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WNU Editor: Russia is the world' resource superpower. You cannot shut that spigot without incurring severe economic pain. But Western leaders still proceeded..
They made the decision to not buy Russian products nor export its products to Russia. And they are paying dearly for it.
The rest of the world has a different point of view on what is happening in Ukraine, and they made the decision to not heed Western demand for Russian sanctions. Not surprising. Their economies are booming.
On a personal note.
My aunt arrived today to be with my ailing mom. She is my mother's youngest sister, and she lives in Moscow. It took her 18 hours and 4 interconnecting flights to get to Montreal. In the past it would take 8 hours, and maybe one interconnecting flight.
I asked her on how sanctions are impacting her and her friends. Her response was .... there is no impact. The stores are full, and almost all of the Western goods and brands that she is familiar with are available. She also told me that everyone she knows is flushed with money.
I am not surprised to hear that last comment from my aunt.
Before the war hundreds of billions of dollars was flowing out of the country each year. No more now. Sanctions has killed that practice. That money is now staying in Russia, and it is having a huge impact on everyone's lives. My aunt included.
13 comments:
We got cheese
On your encheeslada
Yummy yummy food in my truck
Yummy yummy food in my truck
What war
Not bugun 2 fight
Yo mama talking
Russia is just fine. How many besides you and your family have fled that land of milk and honey? why?
well. it may not be the land of milk and honey
But other reports I have read confirm Auntie's statement. Think everything is going ok
A slight pause for a snide remark
do they have 55000 Homless in Moscow and shit in the streets?
And why are there now 3 million ukies now living in Russia.
And no, I have no desire to live in Russia, just pointing out some facts that negate the bullshit narrative that some on this blog try to perpetuate, ....that Russia is falling apart.
But why is it not? It is called import substitution industrialization...read about...beats sanctions.
Snide remark ends.
Hope all have a great day
How many have fled Russia (the brightest) since the Ukraine invasion? called brain drain
Today, homelessness in the Russian Federation is the problem everyone knows about but no one wants to address. According to Rosstat, the government organization responsible for tracking homelessness in the Russian Federation, there are 64,000 homeless people in Russia. However, the organization has not compiled new data since 2010. The real number is estimated to be roughly 5 million, approximately 3.5 percent of Russia’s population. These estimates correspond with reported numbers on Russians living below the poverty line. Out of Russia’s 144.5 million population, 13.3% live below the poverty line.
One of the most common issues that the homeless in Russia face is the loss of legal documents, such as passports and residency permits. Once Russian citizens lose these documents, they are no longer eligible to receive free social or medical care and have no path to recovering these benefits. Compounding the problem is the widespread exploitation of those without legal documents. Companies who rely on homeless populations for inexpensive labor often do not follow through on paying wages. When homeless workers are paid, they face scrutiny and exploitation from the police who are at liberty to take advantage of undocumented people.
Yes I think we all can agree that all nations have problems.
A fresh row has broken out between the Wagner Group and the Russian military, as long-simmering tension between the groups threatens to spill over.
Wagner boss Yevgeny Prigozhin dismissed Russia's claims to have inflicted heavy losses on Ukraine in the Donbas when Kyiv attempted offensive action.
Prigozhin said the claims were "simply wild and absurd science fiction".
But Russia's defence ministry doubled down on the claims on Tuesday, saying Ukraine suffered over 3,700 casualties.
Hate to say it. Ole Prigozhin is pretty much spot on. Whether it is fighting the ukies or criticising the Russian effort, he does not mince words.
The ruskies defence ministry? Well those guys are right up there with the ukies and the Russian collusion hoax. Big grains of salt to go with that meal.
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