Are sanctions on Russia actually hurting its economy?
The nation’s finances remain resilient despite punishing sanctions from the West.
More than two years since Russia’s full-scale invasion of Ukraine, Western countries have ramped up their attempts to stifle Russia’s economy using sanctions. These are economic penalties imposed by one country on another to stop them acting aggressively or breaking international law. There are now around 16,500 sanctions against Russia that target sectors from energy to finance to aviation.
However, Russia’s economy has proven resilient. Vitaly Shevchenko, Russia editor at 91Èȱ¬ Monitoring, explains the ways Moscow has managed to evade sanctions. He also assesses whether sanctions can work long-term.
Plus, Dr Thomas Withington, an expert on electronic warfare, discusses how Russia uses ‘ghost ships’ to trade sanctioned goods without being caught.
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Presenter: Hannah Gelbart
Producers: William Lee Adams and Baldeep Chahal
Editor: Verity Wilde and Simon Peeks
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- Wed 27 Mar 2024 18:50GMT91Èȱ¬ World Service News Internet
- Thu 28 Mar 2024 03:50GMT91Èȱ¬ World Service East and Southern Africa, South Asia, West and Central Africa & East Asia only
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