The West’s response to Russia’s actions in Ukraine has been to sanction and attempt to isolate Russia. The NATO-Russia Council, despite being a forum for consultation and airing grievances, was suspended, and Russia has been de facto expelled from the G8. Despite this, Russia continues to show its influence on critical international issues, with Syria being just the most recent example. After over two years of talking about the threat Russia poses and how the West can mitigate it, it...
... make life harder for Moscow ranging from changing its energy import preferences to the Gulf to utilizing its influence over the numerous community of Crimean Tatar descendants in Turkey in ways detrimental to Russia’s interests. As for economic sanctions against Turkey, in the end of the day these sanctions are going to hurt both countries and it would make little sense arguing that the sanctions are more painful to Turks than to Russians.
What both sides could do to start restoring the relationship?...
... significant quantity of oil from IS.” Another point that very strongly offended the two leaders – and this could be sensed in their speeches – was that immediately after the plane had crashed Turkey
reported
the fact to NATO, not Russia.
Sanctions and losses
REUTERS/Alexander Zemlianichenko
Salvatore Babones:
Russia's Forbearance in the Turkish Crisis
Should Be Applauded — And Reciprocated
Once it became known that the downed plane was Russian, this tragic incident was all over ...
It is time for the West to end to its economic sanctions on Russia.
As Russia's response to this week's Turkish crisis shows, force need not be met by force in an ever-escalating spiral. Whether or not a Russian jet strayed into
Turkish airspace
on November 24, 2015 it was irresponsible bordering ...
... North Atlantic Drilling Limited on the exchange of assets and investments.
The political tensions brought about by the situation in Ukraine led to a number of governments, including those of the United States, the European Union and Norway, imposing sanctions against Russia in various sectors of the economy during the second half of 2014. These included embargoes on the supply of equipment and technology, as well as bans on companies providing services for projects to develop offshore oil resources ...
... difficult times and its growth potential is looming. The World Bank
expects
its GDP to contract by 3.8 percent in 2015 and 0.3 percent in 2016, but swings in oil price will ultimately determine the outcome. In this context, the presence of economic sanctions contributes to worsening the situation.
A recently released
study
by the International Monetary Fund (IMF) suggests that “sanctions (and counter sanctions) could initially reduce Russia’s real GDP by 1 to 1-1/2 percent”. Yet,...
... inflaming an already intense situation, by allegedly planting snipers, in unmarked uniforms, around Maiden Square, during the public meeting in February 2014 and then having their hired guns, pick off people in the crowd. Mr. Putin gets the blame – sanctions are initiated The EU leaders and the US admin then immediately blamed Mr. Putin as culprit, for initiating that incident: with both Secretary of State, John Kerry and President Obama going on a withering verbal, undignified and wholly undiplomatic ...
A few days ago the Centre of Strategic and International Studies published a detailed analysis on the results of the economic sanctions imposed on Russia. Its author, Simon De Galbert, gave also some policy recommendations in case some future scenarios will materialize. Here I report the main points.
• Transatlantic sanctions adopted against Russia, a strategy of hard ...
Last week I attended a conference titled “Russia’s food market in 2015”; it was the first of a series of panels that took place in occasion of the 24th World Food Exhibition, a well-known event which brought to Moscow more than 1500 firms from over 70 countries.
At the discussion participated the Presidents of many Russian Commercial Unions in the food sector from one side and spokesmen of the Russian and Belarusian Ministries of Agriculture on the other. Issues such as the politics...
Interview with professor Sonin, esteemed economist of the University of Chicago
Russia has back fired to the western sanctions by banning the import of a wide range of food products in the context of the Ukrainian crisis. According to Russian authorities, this is a two-fold policy: on the one hand, it is economically non-profitable for the targeted countries, whereas,...
