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Sanctions on Russia

February 22, 2022 – The US, UK and some of their allies have imposed sanctions on Russia, after it recognized two separatist-held areas of eastern Ukraine as independent and ordered troops there.

The US has banned Americans from doing business in the rebel-held areas of Luhansk and Donetsk.

The UK announced sanctions against five Russian banks (Rossiya, IS Bank, General Bank, Promsvyazbank and the Black Sea Bank) and three wealthy Russian businessmen (Gennady Timchenko, Boris Rotenberg, and Igor Rotenberg).

German chancellor Olaf Scholz said he would put on hold permission for the Nord Stream 2 gas pipeline from Russia to Germany to open.

Uefa is almost certain to move this season’s Champions League final away from St Petersburg amid the Ukraine-Russia crisis.

A sanction is an action taken by one country against another, often in order to stop it acting aggressively or breaking international law.

March 9, 2022 – Russia has become the world’s most sanctioned country, with over 5000 sanctions slapped against it. Brands like McDonald’s, Starbucks, Coca-Cola, Zara, H&M, Netflix have all suspended operations in Russia. Spotify and Amazon too have hit pause. Palki Sharma brings you the details.

March 18, 2022 – The sanctions leveled against Russia by the U.S. and its allies are the harshest ever handed down, and their effects are being felt widely in Russia. Special correspondent Ryan Chilcote reports from Moscow on how the lives of Russians are being impacted.

March 24, 2022 – The world has responded to Russia’s invasion of Ukraine with crippling sanctions that are damaging the Russian economy. Sharyn Alfonsi reports.

April 2, 2022 – Russian Sanctions Overview. What sanctions did the west imposed on Russia? What are the costs for Russia? Learn Austrian Economics in a fun way!

Quick remainder – what are sanctions?

00:39 Which countries imposed economic sanctions on Russia as a result of the attack on Ukraine?
01:15 What is included in these sanction packages?
04:55 Private companies actions
06:00 What are the Russian losses from the sanctions?
06:41 Outro
07:00 Sponsor

July 29, 2022 – A Yale university study has found that western sanctions and the mass exodus of global companies are “catastrophically crippling” Russia’s economy.

August 5, 2022 – As Europeans suffer high energy costs and the prospect of a rough winter, some have begun to ask if Western sanctions against Russia were in fact an own goal.

On the face of it, Russia’s economy is not going through the meltdown once predicted and Moscow continues to make billions from selling its oil and gas to the world. However, Jeffrey Sonnenfeld and his team at Yale School of Management say the narrative that Russia is riding out the sanctions is false.

Their own research suggests Russia’s economy is suffering much more severely than widely reported. In this DW Business Special we discuss his findings.

September 30, 2022 – President Joe Biden shot back against Russian President Vladimir Putin after he illegally annexed parts of Ukraine.

December 1, 2022 – Russian airlines are still flying despite massive international sanctions imposed on the aviation sector, but their collapse seems imminent. Or have they found a workaround?

There are not a few aviation experts who are surprised that Russia’s commercial airlines are still taking to the skies despite a range of biting international sanctions targeting the country’s aviation sector.

Not long after the beginning of the war in Ukraine, Western countries barred their airspace to Russia’s airlines, foreign airlines cut their commercial ties to them, and plane makers such as Boeing and Airbus stopped delivering crucial spare parts to Russia. According to those experts, it wouldn’t take more than two weeks before commercial aviation in Russia collapsed.

Nine months into the war, however, reports about Russian aviation’s imminent death are proving to be premature. Flight services for Russian passengers operate seemingly uninterrupted, at least on domestic routes. How can that be?

December 7, 2022 – Unless you live under a rock, you’ve probably heard that Europe has placed a $60 price cap on Russian crude exports.

December 31, 2022 – Kremlin is very miserable by this: Biggest sanction on Russia in Baltic!

January 1, 2023 – Hungary calls on the European Union to review sanctions against Russia. The chief adviser to the country’s prime minister, Balash Orban, believes that the EU should start a discussion about easing pressure on Moscow.

Despite the position of Hungary, the European Union continues its sanctions policy – the 9th package has been agreed. If Russia does not stop the missile blackmail of peaceful Ukrainian cities and military operations on the territory of Ukraine, then the 10th will follow, the EU warns. Our correspondents will tell you more about the new sanctions against Russia.

January 2, 2023 – Putin is CORNERED: Here’s the biggest SANCTION on Russia!