| If only someone had warned us that Google was an ideological echo chamber!
Sanctions against Russia: White House aides indicated earlier this week that a new round of sanctions against Russia would be announced tomorrow, attempting to spin it as an action taken in response to dissident Alexei Navalny’s death at the hands of the Putin regime. (In reality, the sanctions have been a long time coming, to mark the second anniversary of the start of Russia’s war in Ukraine.)
In 2021, President Joe Biden warned there would be “devastating” consequences for Russian President Vladimir Putin if his regime killed Navalny. Now, it’s becoming clear that Biden has no real path to make good on that promise, so sanctions it is.
“The administration is considering three main options, two economic and one military, according to the three [Biden] officials” with whom Politico spoke. “The other idea is to pump Ukraine full of more advanced weaponry” but there are also ideas being floated like cracking down on Russia’s oil exports.
“The U.S. had largely exhausted its toolkit of penalties after Russia invaded Ukraine two years ago,” per Politico, so many of these options will pack little punch and do very little to actually deter Putin from his war in Ukraine or from continuing to brutally punish opposition leaders who attract his scorn. Very little detail has been released about what economic sanctions in particular would actually entail, and there’s limited evidence to indicate they’ve had a crippling effect on Putin’s ability to wage war thus far. Over the last two years, the Biden administration has already “cut off Russia’s largest banks and companies from Western financial markets, joined with Europe to freeze hundreds of billions of dollars of Russian central bank assets, and joined its…allies in taking steps to curb the flow of military technology to Russia,” reported The New York Times.
Now, in addition to whatever it announces on Friday, the White House will keep exerting pressure on Republicans in the House to pass a $95 billion foreign aid package that would give additional funds to the war effort in Ukraine.
Meanwhile, the European Union “has agreed a new package of sanctions against Russia that for the first time targets Chinese and Indian companies accused of supporting Moscow’s war effort,” reported the Financial Times. The sanctions “target close to 200 individuals and entities but stop short of any sweeping economic action targeting crucial industrial sectors,” so, again, it’s not totally clear how much pain Putin will feel as a result. |