I mean, well, OK, but, I thought the previous round of sanctions was meant to crush Russia and drive them out of Ukraine?
US imposes ‘crushing’ sanctions on Russia 2 years after Ukraine invasion
The U.S. has announced more than 500 sanctions on Russia, its enablers, and its war machine on Friday as the world marks two years since Russia attacked Ukraine.
This is the largest single tranche since the start of Russian President Vladimir Putin’s invasion, administration officials said.
“Today, I am announcing more than 500 new sanctions against Russia for its ongoing war of conquest on Ukraine and for the death of Aleksey Navalny, who was a courageous anti-corruption activist and Putin’s fiercest opposition leader,” President Joe Biden said in the statement released by the White House. “These sanctions will target individuals connected to Navalny’s imprisonment as well as Russia’s financial sector, defense industrial base, procurement networks and sanctions evaders across multiple continents. They will ensure Putin pays an even steeper price for his aggression abroad and repression at home.”
“We are also imposing new export restrictions on nearly 100 entities for providing backdoor support for Russia’s war machine,” Biden continued. “We are taking action to further reduce Russia’s energy revenues. And I’ve directed my team to strengthen support for civil society, independent media, and those who fight for democracy around the world.”
I have to wonder, as no article mentions it, does “strengthen support” mean giving taxpayer money to them? And, will new sanctions actually work?
Throughout Russia’s war on Ukraine, the U.S. has sought to weaken Moscow’s military by targeting its economy — limiting its ability to import key technology to fuel its defense-industrial complex, reduce the value of its exports, and cut Russia off from the international banking system.
Despite the historic effort, Russia’s economy has grown over the last two years due in part to the country’s steady trade with partners like China and India. The Kremlin has also managed to keep its arsenals stocked, resorting to sourcing some weapons from Iran and North Korea — two countries that are also heavily sanctioned by the West.
Will these sanction hurt China and India? Because unless they restrict trade with them, and other nations in the Middle East and Africa, especially on oil, it won’t make a difference. And, if these are so important, why didn’t they do this before?
“History is watching. The failure to support Ukraine at this critical moment will not be forgotten,” said Joe Biden on Friday. “Now is the time for us to stand strong with Ukraine and stand united with our Allies and partners. Now is the time to prove that the United States stands up for freedom and bows down to no one.”
Huh what? The above ABC News article was published at 7:51pm on Thursday. How did he say that Friday? Unless it was some press release ABC is portraying as Biden speaking coherently, particularly since he was flying back from fundraising in California after the article was published…that doesn’t make sense.
If Biden really wants to hurt Russia, open up our oil and natural gas and start shipping it around the world, reducing the value of Russia fossil fuels. But, none of this will get Russia out of Ukraine. Which never would have happened if Biden hadn’t been so weak to start with.
Read: Biden To Impose “Crushing” Sanctions On Russia Again »