Sanctions on Russia won’t work
Another battle in the West’s sanctions war against Russia is set to begin. The US and its NATO allies have put together what they’re calling a strong package of economic restrictions on Russia in response to its military buildup near Ukraine’s border. What’s in the package remains a secret but it appears to focus on Russia’s energy sector. A State Department spokesperson told NPR on Thursday that the Nord Stream 2 pipeline from Russia to Germany would remain inoperable if an invasion happened. The Financial Times suggested that other new Russian gas developments are also on the sanctions list. The UK wants Russia booted from SWIFT, the Belgian financial messenger services company, while the West also floated the idea of sanctioning Russian President Vladimir Putin.