Money Talks: Is the West losing its sanctions war?

Money Talks: Is the West losing its sanctions war?

From Money Talks from The Economist by The Economist

February 29, 2024 · 43 min

About this episode

The episode discusses the effectiveness of sanctions against Russia in the context of the ongoing war in Ukraine.

It's been two years since Russia brought war to Ukraine. America, Britain and the European Union may not have intervened by putting boots on the ground—but they have launched a massive financial counteroffensive . Vladimir Putin’s government, his cronies and the businesses profiting from the war are all subject to sanctions, yet the Russian economy has proved remarkably resilient. So, does financial warfare work ? Hosts: Mike Bird, Alice Fulwood and Tom Lee-Devlin. Guests: The Economist ’s Cerian Richmond Jones; Juan Zarate, the architect of America’s sanctions after the September 11th attacks; and Nicholas Mulder, author of “The Economic Weapon”, which examines the rise of sanctions as a tool of war. Get a world of insights for 50% off—subscribe to Economist Podcasts+ If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription. For more information about how to access Economist Podcasts+, please visit our FAQs page or watch our video explaining how to link your account. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Hosts: Mike Bird, Alice Fulwood, Tom Lee-Devlin

Guests: Cerian Richmond Jones, Juan Zarate, Nicholas Mulder

Topics covered

  • sanctions
  • financial warfare
  • Russia
  • Ukraine
  • economy
  • politics

Keywords

  • sanctions
  • Russia
  • Ukraine
  • financial counteroffensive
  • economy
  • Vladimir Putin
  • war
  • The Economist

Mentioned in this episode

Organizations: The Economist

Books & works: The Economic Weapon

Places: America, Britain, European Union, Russia

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