Questions tagged [sanctions]

Sanctions are actions taken by countries against others for political reasons, either unilaterally or multilaterally.

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What practical difference would it make, over the existing US sanctions, if Russia's PNTR status were revoked?

Apparently there's a difference of opinion between the White House and Congress on whether to revoke Russia's "permanent normal trade relations" (PNTR) with the US. What practical difference ...
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3 votes
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Is Bank for International Settlements (BIS) still providing financial services to Afghanistan?

After the Taliban takeover of Afghanistan in August 2021, most of the major central banks such as the Fed, Bank of England, and Bundesbank froze FX reserves of the Afghan central bank (DAB). As of ...
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Did the sanctions against Russia take into account that oil price might neutralise their effect?

Western countries imposed some sanctions on the Russian Federation and some Russian individuals since the start of the invasion of Ukraine. But Russia can still sell oil on the international markets ...
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What is the basis for the Western leaders to believe that harsh economic sanctions will not lead to a nuclear war with Russia eventually?

It is clear at the moment that no Western countries will send troops to Ukraine or set up a non-fly zone in Ukraine because they worry that will lead to a WWIII. But Putin already said Western ...
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3 answers
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What is Russia getting in exchange for their gas and oil now that they've been cut off from the Western financial system?

As far as I can tell both of these things are currently true: Russia has been cut off from a large chunk of the Western financial system The EU is still buying Russian gas and oil But how does this ...
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Historical examples of sanctioning Oligarchs

Are there any modern historical examples that demonstrated the efficacy of sanctions (economic pressure) to halt a superior invading nation state?
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If Russia wins what will happen to the sanctions long term? [duplicate]

Suppose Putin "wins" by killing Zelenskyj staging a "democratic" election instating a new Russian friendly government withdrawing all Russian troops What will happen to the ...
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How do US and EU mitigate the risk of Chinese influence increasing in Russia following the recent sanctions?

China will not join the sanctions against Russia and a plethora of Western companies are leaving Russia. This creates some sort of "economical vacuum" which might increase Chinese ...
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Are Goldman and JPMorgan breaking the rules of current sanctions by buying Russia's cheap corporate debt?

I just saw in Bloomberg https://www.bloomberg.com/news/articles/2022-03-03/wall-street-is-already-pouncing-on-russia-s-cheap-corporate-debt that Goldman Sachs Group Inc. and JPMorgan Chase & Co. ...
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Why did the EU and USA really impose sanctions on Zimbabwe?

The EU and USA first imposed economic sanctions against Zimbabwe in 2002. After that these sanctions have been renewed on a regular basis. What was the root cause of these sanctions? What is the ...
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Is there any meaningful purpose in stopping selling consumer goods to Russia?

So, my newsfeed had an item about "H&M" stopping selling things to Russa, as well as a score of other random retailers (Nike? etc...). I can sort of see the possible argument about ...
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Are there any official or stated end conditions for US/EU sanctions on Russia?

When the US or EU placed economic sanctions on Russia for their invasion of Ukraine, were there any official or stated ending conditions upon which sanctions would be lifted? Or are the sanctions ...
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Why is Russia continuing to attack Ukraine even with a number of sanctions imposed?

Russia is essentially being blocked out of trade, and also, some western services (e.g., Apple) as a result of their war with Ukraine. The Russian currency is also collapsing quitea much. However, the ...
30 votes
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Serbia will not impose sanctions against Russia, why?

In Europe, there are not many countries that have not sanctioned Russia for attacking Ukraine. Serbia is one of the few that has not so far done so. What reasons have the country's leadership given ...
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How did Iran mitigate the effect of the SWIFT sanctions on them?

It seems to me although Iran faced hash sanctions with SWIFT ban in 2012 and again in 2018, their GDP took a hit and dropped for two years and but rebounded again (even through Covid). From the chart ...
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6 votes
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Why many sanctions aren't imposed together with sanctions-lifting conditions?

As much as a threat of sanctions serves as a deterrent of wrongdoings, a conditional promise (in any form, can be either in a form of law or just not-formal public announcement) of revoking them when ...
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What is the point of sanctions against Russia? [duplicate]

I'm trying to understand what is the point of the penalties against Russia as a result of the war. For example, consider the collapse of Russian currency (as a result of sanctions), wouldn't this ...
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Why did Russia have their foreign currency reserves in overseas banks?

According to this BBC article, Russia anticipated that their invasion of Ukraine would lead to sanctions and one of their ways to sanction proof their economy was to build a large foreign currency ...
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Does the fact that Japan have decided to join the US and European countries in removing selected Russian banks from SWIFT have any practical effect?

I read on https://www.foxnews.com/world/japan-us-european-allies-blocking-russian-banks-swift (mirror): Japan has decided to join the United States and European allies in removing selected Russian ...
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Why were India and Pakistan sanctioned in 1998 for nuclear tests?

According to the Peaceful Nuclear Explosion Treaty, individual nuclear tests were banned beyond 150 kilotons, and group explosions were limited to 1500 kilotons. In 1998, both Pakistan and Indian ...
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3 answers
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Can Russia be cut off from the internet? [closed]

A great variety of sanctions have been discussed and implemented with more to follow. One sanction I have never heard being discussed, and that is cutting off Russia from the internet. Now I am aware ...
30 votes
7 answers
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What's the point of banning a few 'selected Russian banks' from SWIFT?

I read that several Russian banks got banned from SWIFT (mirror) following the ongoing 2022 Russian invasion of Ukraine. What's the point of banning a few selected Russian banks from SWIFT? I would ...
2 votes
1 answer
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Which European countries still allow Russian government bonds to be sold on their markets?

According to NBC, Russia is not able to sell government bonds in the US and some European countries, after invading Ukraine: Tuesday’s sanctions also barred the Russian Central Bank from financing in ...
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Do export sanctions prevent web services or websites?

If the United States has economic sanctions against Russia, does this prevent American companies from serving websites to users in Russia? Will Google, Youtube, etc., have to be made inaccessible in ...
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1k views

Has any country besides Iran been banned from SWIFT?

As there are some ongoing discussions about a potential ban of Russia from SWIFT, I wonder whether any country besides Iran has been banned from SWIFT.
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Are sanctions on Putin more of a symbolical gesture or do they actually mean something?

US and EU have sanctioned Putin today. Although the reasons are clear, based on my limited understanding this seems more like a symbolical gesture. Here is why it seems to me like this: I doubt that ...
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What measures short of war are still available to the West to pressure Russia?

The US and the EU have introduced numerous sanctions recently but its not very clear what options are still on the table, short of an actual invasion. One option that's commonly discussed in the media ...
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4 votes
2 answers
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What could Russia do against Finland and Sweden if they join NATO? [closed]

Russia threatens a strong response against Finland or Sweden if they apply to join NATO. What could Russia do against these countries? After all, they are already in EU and hence included in the EU ...
4 votes
4 answers
893 views

What does it mean in practice that Putin and Lavrov will be personally on EU's sanctions list?

https://tass.com/politics/1411353 The European Union is going to include into the sanction list Russian President Vladimir Putin and Foreign Minister Sergey Lavrov, German Foreign Minister Annalena ...
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3 answers
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Why can't the West just ban Russia from trade?

President Biden has announced new sanctions on Russia after Russia invaded Ukraine unprovoked. From CNN: President Joe Biden on Thursday unveiled harsh new sanctions on Russia meant to punish the ...
7 votes
1 answer
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Why would the international sanctions against Russia after invading Ukraine in 2022 work while sanctions after the 2014 Crimea crisis didn't work?

Many international sanctions have been announced against Russia after invading Ukraine in Feb. 2022. Why would these sanctions work, while the sanctions against Russia after the Crimea crisis in 2014 ...
7 votes
1 answer
364 views

What is Russia's plan to cope with invasion-related economic damage to itself?

Russia has been under sanction since 2014 for the annexation of Crimea. Now, the West imposed more sanctions, and the construction work of the NordStream-2 pipelines has also been suspended. What is ...
5 votes
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What is meant by a "personal sanction"?

I understand the economic sanctions, but what is meant by "personally sanctioning" another nation's president? I see many news outlets mentioning this but never explaining what it entails, e....
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Why is the EU so reluctant to cut Russia off the SWIFT system as part of the new sanctions to be put in place after invading Ukraine?

This Reuters article argues that it is unlikely for the EU to include cutting Russia off the SWIFT system. One of the most important reasons seems to be the financial impact on the EU lenders: Data ...
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4 votes
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Are there any considerable sanctions imposed against Belarus related to the Ukrainian invasion? [duplicate]

In most of the news I hear about the West imposing sanctions against Russia in retaliation for the invasion, but have not read anything related to sanctions against Belarus. Seeing that Belarus is ...
3 votes
2 answers
419 views

Since the West will no longer allow Russia to raise money by selling sovereign debt, what alternatives does Russia have?

are there any precedents of this ? What is generally the alternative in such cases ? Do other authoritarian countries help you finance debt ?
48 votes
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Why do EU sanctions against Russia stop short of a total trade ban?

With the Russian invasion of Ukraine now officially around the corner (or even underway), I am surprised how minimalistic and non-committal the proposed sanctions are. Even the US "mother of all ...
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Do the sanctions on the leaders of China actually help them to deepen their autocracy?

Recently Mike Rogers et al introduced a bill to sanction senior leaders of CCP, claiming that the Chinese Communist Party must be held accountable for their egregious and disturbing human rights abuse....
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4 votes
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How exactly can keeping chips using EUV technology "pre-empt many worst-case human rights... scenarios in the coming decades?"

note: for background see Which "critical technologies" does Russia dependent upon the United States and its allies for, that "China does not have access to?" The Brookings ...
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Which "critical technologies" does Russia depend upon the United States and its allies for, that "China does not have access to?"

In the recent NBC's Face The Nation interview Top Treasury official says U.S. sanctions would target Putin, Russian economy after the 2 minute mark US Deputy Secretary of the Treasury Wally Adeyemo ...
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2 votes
3 answers
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Gazprom: Conflict of interest between US, Russia and US banks? [closed]

I would like to understand the Ukraine/US/Russia/North Stream 2 conflict and I started to wonder about the impact (or side effects) of US sanctions, since I read about the shareholder structure of ...
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5 votes
5 answers
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Can the US and EU sanction the oligarchs supporting Putin in order to deter him from starting a war in Ukraine?

Several days ago I was listening to an interview and a part of it was along the following lines: Reporter: how can the US (NATO) and EU prevent Russia from waging war on Ukraine? It is clear that ...
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Why didn't the US government sanction the people at the helm of the government of Bangladesh? [closed]

Bangladesh protests US sanctions against RAB, security chiefs Treasury Sanctions Perpetrators of Serious Human Rights Abuse on International Human Rights Day A few days ago, the US treasury ...
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How is Iran sustaining its economy?

Iran has been under US sanctions for a long time now. Why isn't Iran collapsing like Venezuela or Cuba? How is Iran sustaining its economy?
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Is there anything the United States can do to stop the Taliban from selling American made military equipment to Iran?

Today I have been wondering about the possibility of the Taliban regime in Afghanistan selling some American made military equipment to Iran as a way of raising much needed cash for the new Taliban ...
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1 answer
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Is there really an embargo on Cuba?

I have read about a few economists last weeks who defended that "The embargo doesn't really exist de facto.", "Cuba can negotiate with any country." or "The embargo is not ...
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Why is the US embargo such a problem for Cuba?

Why is the US embargo such a problem for Cuba? Honestly, the USA is not the only country in the world. Cuba need not buy or sell things to the USA. Cuba could trade with others nations such as EU, ...
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1 answer
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Could there be any action taken against the contributors of Climate Change and Global Warming? [closed]

With the rising concern over Climate Change and Global Warming especially due to the IPCC report, could there be any sanctions or some kind of action taken by the UN or NATO against countries (and ...
2 votes
1 answer
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What happens if a company/individual conducts business with a sanctioned (embargoed) country when the sanction is not from their country?

Let's say that country A is under economic sanction (embargo) from country B, and country C is a key ally of country B. What happens if a company/individual from country C does business with country A?...
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Has the Biden administration communicated its reasoning for maintaining the embargo against Cuba?

The US currently has a trade embargo against Cuba, which has been in the news recently due to protests against the latter's government. During the Trump administration, these sanctions were tightened. ...
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