>"The exact impact of sanctions is always difficult to assess in the short-term. But there are signs it is an effective strategy against Russia – and the only real option."

>"For the first time ever, the European Union has imported in June more liquefied natural gas (LNG) from the United _...Read More_

"With U.S. sanctions spurring appetite for home-grown components, China’s chip industry is growing faster than anywhere else in the world."

"Their purchases of Russian crude are undermining the West’s efforts to isolate the Kremlin and upending the global oil markets."

>"China has the power to take countermeasures against Washington’s ‘arbitrary’ forced labour law, including imposing its _...Read More_

"Oleg Ustenko & Michael R. Strain about the additional steps Western powers can take to end Russia's war and hold it accountable."

"Russia can export, but it can’t buy what it needs."

"The international financial and monetary system ultimately operates on trust, with all participants assuming that others will play by the rules. By unilaterally freezing Russia's foreign-exchange reserves, the United States has powerfully _...Read More_

"Since Russia's invasion, India has already purchased over twice as much Russian oil as it did all of last year. As this trade continues, it could undermine Western sanctions."

"The ultimate arbiter of a sovereign default is an open question but markets may have the final word."

"Sergei Guriev argues that the factors driving the currency's appreciation do not bode well for the Russian economy."

"Japan had already imposed some sanctions, including freezing assets of top Russian officials such as President Vladimir Putin, restricting exports of goods including sensitive items with dual military use, and removing key banks from an _...Read More_

The Danger Of Sanctions Economic retaliation against Russia for its aggression in Ukraine could harm vulnerable people around the world and create lasting damage to the global economy if not _...Read More_

"They didn’t care about public opinion when they were making their billions why would we care about what they’re feeling now."

"Hippolyte Fofack warns that punitive Western-led measures threaten another policy-induced economic crisis."