Saturday, 19 July 2014

U.S. sanctions on Russia are financial warfare

At Forbes:
On June 17, the US announced further sanctions against Russia because of its support for rebels in the Ukrainian civil war. The new sanctions are widely considered to be tough. But they are also difficult to understand. The extent of their legal and practical application is by no means clear. Yet – they are very clever. However they are interpreted, they are bad news for Russia.
Find out here how they should be interpreted and why they amount to financial warfare.

2 comments:

  1. The best way for Europeans to punish Russia would be to expand their nuclear power station fleet -- the more electricity Europeans generate using nuclear reactors, the less gas they will need to buy from Gazprom.

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