What sanctions does Russia face? Here's a list by country

[Rogue Valley]

What sanctions does Russia face? Here's a list by country


The article above is from yesterday and Western sanctions on Russia are very fluid and continuing.

But it should provide you with some idea of how different countries have responded to Russia's invasion of Ukraine.

 

[Mr Person]

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The banking restrictions are arguably the most serious form of economic retaliation yet approved by Western powers in response to Russia’s attack on Ukraine. They are aimed at preventing Putin from using his sizable financial reserves — totaling more than $600 billion — to stabilize the Russian economy in the face of other sanctions and economic measures imposed by the West.Already, the value of the ruble fell by close to 30 percent between Friday and Monday before it pared back some of its losses, according to Bloomberg trading data.​

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As of June 30 of last year, 32 percent of Russia’s foreign currency reserves were in euros and 16 percent were in U.S. dollars, according to its central bank. About 7 percent were in British pounds, 13 percent in Chinese renminbi and 22 percent in monetary gold. The remainder was held in other currencies. The United States said it is also simultaneously issuing an exemption allowing “certain energy-related transactions” with the central bank of Russia, as the West has tried to continue the flow of Russian energy exports to sustain the European economy and maintain gas prices. “In one fell swoop, the U.S. and Europe have rendered Putin’s war chest unusable. … That the U.S. and Europe have done this in unified fashion sends a crystal-clear message that Russia will face dramatic costs so long as Putin’s war of aggression continues,” said Edward Fishman, former Russia and Europe sanctions lead at the State Department. “This action represents a sea change in U.S. and European strategy. Just 72 hours ago, a step like this was unthinkable.”The United States had already announced sanctions targeting nearly 80 percent of the Russian banking sector’s total assets.​

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www.washingtonpost.com

Good. The trouble here is that the people who will starve are not the people causing the bad things, but it is pretty much the only option short of direct military confrontation, which we have treated as inviting nuclear war ever since Aug. 1949.



So they guy who fought a lifetime of stuttering but whom I was told was a doddering old drooling incompetent with "handlers" managed to unite Europe behind him and together we've begun to decimate the Russian economy.

Gee, might I have been lied to?

There is something to be said for having younger people in congress. But there is also something to be said for keeping old hands around. Experience tends to go a lot farther than bluster.

 

[MaryP]

What sanctions does Russia face? Here's a list by country


The article above is from yesterday and Western sanctions on Russia are very fluid and continuing.

But it should provide you with some idea of how different countries have responded to Russia's invasion of Ukraine.

Hope this gets updated, as 2 biggies today--US freezing Central Bank accounts and Switzerland hopping on board are missing.

 

[phoenix2020]

I'd like to see China on this list. The war would end immediately if China joined the party.