Sanctions Backfiring

bloomberg.com/news/articles/2022-06-14/corporate-self-sanctioning-of-russia-has-us-fearing-economic-blowback
>But some Biden administration officials are now privately expressing concern that rather than dissuading the Kremlin as intended, the penalties are instead exacerbating inflation, worsening food insecurity and punishing ordinary Russians more than Putin or his allies.

>In some cases, companies have signaled that they are being extra-cautious or want clearer guidance from the US before continuing business with Russia. Until that happens, they are going beyond any legal requirements to ensure they don’t accidentally violate sanctions policies, according to Justine Walker, the head of global sanctions and risk at the Association of Certified Anti-Money Laundering Specialists, an industry group.

>“Because we just have so many changes at once, governments are not able to step in and give precise clarification and we are seeing many, many examples of authorities coming to different positions,” Walker said in an interview. “Companies ask, ‘Should we be applying sanctions to this entity?’ and the government will come back and say, ‘You need to make your own decision.’”

>The concessions and adjustments highlight the difficulties involved in sanctioning the world’s 11th-largest economy. Previous sanctions campaigns against countries such as Iran and North Korea sought to impose a similar level of isolation on much smaller economies. Russia’s ties to the global commodities markets -- particularly energy and grains -- has made this a much more complicated case.

>When the invasion began, the Biden administration believed that if penalties exempted food and energy, the impact on inflation at home would be minimal. Since then, energy and food have become key drivers of the highest US inflation rates in 40 years, a huge political liability for President Joe Biden and the Democratic party heading into November’s mid-term elections.

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you're not allowed to copy a news article and post it here it's against the rules

you're allowed to copy a news article and then post it here it isn't against the rules

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Who told you that?

Is this western business trying to restart business in Russia? Should be good for a laugh.

McDs: hello we're here to reopen our restaurant
Putin: is mine now.
McDs: okay, fair enough. We'll just build a new one
Putin: who said you could?

They knew goddamn well what happens when America abandons real estate to the Russians, just look at Afghanistan.

It’s too late. US sanctions are going to starve out countless AfriNiggers and butthurt belters.

Well it depends if they left Russia entirely or not.

posting with this flag is against the rules

I'm glad this blew up in Biden's face. It shows the short sighted emotional (womanly) behavior of your average liberal. If there isn't a huge red wave across America over the next decade, then I know for a fact that the voting systems are rigged. Not that it matters because there isn't any actual difference between dem and republican politicians. They both go against what their voters want, and do whatever globohomo tells them to do. Fucking faggot traitors.

I throughly approve of companies fucking themselves out of business with Russia for a weekend virtue signal. Let it all collapse and let them be isolated enough from the worldwide scam to survive.

The USA has effectively started the great depression 2.0 with their sanctions which didn't even work, bravo.

Based

The republican party is led by people like Crenshaw the Cyclopes who will impliment the exact same policies.

news.yahoo.com/russias-oil-revenue-soars-despite-181624231.html
>Russia earned what is very likely a record 93 billion euros in revenue from exports of oil, gas and coal in the first 100 days of the country’s invasion of Ukraine

DJ went up 1% today. Wtf?

Hah, the Titanic isn't sinking! My end of the ship just rose 200 feet in the air!

tax em more. POCs are suffering daily, so should america

Ignore this lying shill. Shills' favorite thing is to misuse terminology and misrepresent rules. OP has acted within board culture. This type of thread is legitimate and was once common. The airhead pajeets asking irrelevant one-line lifestyle surveys are the illegitimate ones. That said, instead of a direct link, you should've archived, to limit traffic and in case it gets censored.

IRAN NUKED.
R
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Thank god american is going to burn, then we wont have to listen to all you rightwing cucks anymoresvhs0