Thursday 31 March 2022

March 31

Sanctions

One of the options in opposing warring nations is imposing sanctions.

Ukraine has seen the most concentrated battery of sanctions, from the UK and many countries, intended to punish Putin and affect his campaign. 

He and a whole cohort of his cronies and Russia’s immensely rich industrialists have had assets frozen and international commercial ties have been broken.

But does it work? That is problematical.

It must hit badly the ordinary Russian, far more than the top tier and Putin who shrugs it off.

One of the most interesting features has been the response of the Russian oligarch Roman Abramovich, best  known in Britain as the owner of Chelsea premier league football club.

He has been promoting himself as a possible peacemaker in the talks in Turkey, with the most sensational revelation - allegation - that he was poisoned in the process.

Russia denies it and Britain does not believe it.

To me it sounds a public relations exercise, a bid to salvage his reputation. It certainly has created international attention.

If, as is now possible, some form of peace deal is achieved, the sanctions will soon be forgotten. Money talks,.

Everyone will want to get back to business as usual.






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