Sanctions on Russia: A crippling economy for years to come | DW News


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Sanctions on Russia: A crippling economy for years to come | DW News



Russia’s invasion of Ukraine has triggered a huge outcry across the world. Many countries have introduced punitive sanctions against Russia in an effort to put a stop to the war.
German Chancellor Olaf Scholz made it clear that more sanctions could follow.

The EU, US, UK and Canada quickly introduced sanctions against Russia:
– Exclusion from Swift payment system
– Restriction on Russian banks
– Asset freezes, travel bans
– Access to high-tech products, such as computer chips, blocked

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#Sanctions #Russia #SWIFT

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22 Comments

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  1. What is USA & BIDEN..
    WHY IT ALONE CAN PUT SANCTIONS..
    MAY BE ITS RICH COUNTRY..
    BUT A COWARD, DISHONEST, UNHUMAN..
    WHY WORLD FEARS USA..

    SOME BIG & SMALL NATIONS SHOULD INVITE AND JOINTLY KEEP SANCTIONS ON AMERICA .

    THEN USA WILL COME ON FEETS.

  2. I Highly doubt Sanctions will work against Russia, this is not a tiny little country, it is amongst a few that I feel would have no issue whatsoever isolated on their own. The USA is another, as is Canada and Australia. They just have way too many resources, at the end of the day, that's way more important than today's Fiat Currencies.

  3. shell, as they worked in russia, they still work, and BP. and payments are accepted by cards. just someone wants to shout loudly, wait until everyone runs away, and skim cream

  4. The reason why Putin keep bringing troops in Ukraine is to dispose the old military vehicles that's why Russia doesn't care if they blown up so many of them.

  5. The report misses a few things:
    – China is not buying Rubble selling USD or EUR,
    – China re-directed liquid Gaz ships from China to Europe,
    – the new gas agreement capacity is less than 10% of Nordstream 1, concluded at prices that Russian have been refusing for more than 7 years.

  6. The Japanese government is still pursuing profits without withdrawing from oil and natural gas projects from Sakhalin, Russia. The facts can be easily verified by searching the keywords Sakhalin, natural gas, and Japan.