The Intersection of Defense and Economy: Understanding the Sanctions Imposed on Russia During the War Against Ukraine.

The ongoing conflict between Russia and Ukraine has been the focus of much attention in recent years, with many discussions revolving around the defense aspect of the war. However, it is important to remember that there is also an economic war happening simultaneously. The US and EU have imposed sanctions on Russia in an effort to hinder its ability to continue the war. While some argue that these sanctions are ineffective, there is evidence suggesting otherwise.

To help navigate through the data and gain a better understanding of the economic measures being taken, Ilana Bet-El welcomed Agathe Demarais, Senior Policy Fellow for Geoeconomics at the ECFR, who is an expert on sanctions. During their discussion, they covered various topics related to economic measures, countermeasures, and provided clarity on the broader economic context of the war against Ukraine. Additionally, they explored the global economic situation and its future impact.

As they say in Cabaret: “That clinking, clanking sound, can make the world go ‘round!” This episode was recorded on June 18, 2024. Listeners can find this episode on Apple Podcasts and Spotify for more insights.

It’s worth noting that the opinions expressed in this episode are solely those of the author and may not represent the views of the European Leadership Network or all of its members. The ELN aims to foster discussions that will enhance Europe’s ability to address current foreign, defense, and security policy challenges. The image credit goes to Florence Ferrando.

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