The sanctions are working.
Re: The sanctions are working.
It’s about time the journalists did their job and reported this!
Re: The sanctions are working.
.......
Proof?
Proof?
Re: The sanctions are working.
by the way, here’s the complete interview on DW.
Re: The sanctions are working.
Plausable, but still not proven.
Even though the Russian economy might have been set back by sanctions the Ukranian one has been even further damaged by Russian military aggression. I sometimes wonder how Ukraine will ever recover.
Even though the Russian economy might have been set back by sanctions the Ukranian one has been even further damaged by Russian military aggression. I sometimes wonder how Ukraine will ever recover.
Re: The sanctions are working.
I think the plan is to use Russian money that got sanctioned which the US banks are forbidden to release to Putin. Ukraine lay claim to Russian money kept by US and EU banks for damages caused by Russia. The US Congress agrees and the Banks release the money to Ukraine to rebuild the infrastructure. The EU also has to agree and I think they will. Otherwise, they will be asked to come up with the money.
The Imp 
Re: The sanctions are working.
Since by that time the Ukraine will be controlled by Russia, I suppose the money goes back to its lawful owners, the Russians...cassowary wrote: ↑Sun Mar 12, 2023 7:59 pmI think the plan is to use Russian money that got sanctioned which the US banks are forbidden to release to Putin. Ukraine lay claim to Russian money kept by US and EU banks for damages caused by Russia. The US Congress agrees and the Banks release the money to Ukraine to rebuild the infrastructure. The EU also has to agree and I think they will. Otherwise, they will be asked to come up with the money.
Re: The sanctions are working.
...or so you hope!Sertorio wrote: ↑Mon Mar 13, 2023 2:10 amSince by that time the Ukraine will be controlled by Russia, I suppose the money goes back to its lawful owners, the Russians...cassowary wrote: ↑Sun Mar 12, 2023 7:59 pmI think the plan is to use Russian money that got sanctioned which the US banks are forbidden to release to Putin. Ukraine lay claim to Russian money kept by US and EU banks for damages caused by Russia. The US Congress agrees and the Banks release the money to Ukraine to rebuild the infrastructure. The EU also has to agree and I think they will. Otherwise, they will be asked to come up with the money.
Re: The sanctions are NOT working.
Sanctions have been a blessing to Russia. They stimulated Russia becoming economically more independent and diversified.Russia’s trade surplus hits record high
https://www.rt.com/business/572887-russ ... us-record/
Russia’s foreign trade surplus soared last year, driven by gains in exports, data from the Federal Customs Service showed on Monday.
According to the agency, total exports in 2022 reached $591.4 billion, up 19.9% from 2021. Imports, meanwhile, slid 11.7% against the previous year to $259.1 billion. This brought the country’s trade surplus to a record of $332.38 billion, up 67% from $199.5 billion in 2021.
Russia’s foreign trade turnover gained 8.1% compared to 2021, reaching $850.5 billion. Energy products made up the bulk of Russia’s foreign exports, comprising nearly 65%, and amounting to $383.73 billion. The figure rose 42.8% year-on-year despite Western sanctions imposed on Russian energy supplies, as Moscow actively redirected them towards Asian partners, most notably India and China.
Foodstuffs and agricultural raw materials exports were estimated at $41.3 billion, about 7% of total exports in monetary terms. Sales of ferrous metals, fertilizers, as well precious and semi-precious metals and stones amounted to $62.5 billion.
Industrial equipment and mechanical devices represented Russia’s biggest import at $47.3 billion worth of goods, or 18% of all imports in value terms. Moscow also imported $35.7 billion worth of food products and agricultural raw materials (13% of total imports) and $29.8 billion worth of electrical machinery and equipment (11.5%).
Western countries have passed ten rounds of Ukraine-related sanctions on Russia since last year, blacklisting hundreds of products which can no longer be sold to or bought from Russia, ranging from electronics to food. Restrictions have also targeted Russian financial institutions, making it difficult for the country to conduct transactions internationally. However, Russia has been actively redirecting its exports and securing alternative markets for products it can no longer buy from the West, which, along with successful monetary policy, allowed the country to withstand sanctions pressure.
Russia’s Federal Customs Service stopped releasing trade statistics in March 2022, shortly after the initial impact of Western sanctions. However, the agency announced on Monday it will be partially resuming its statistics reports, which are now to be published monthly.