Are Sanctions on Russia Really Working?

The Bunker – News without the nonsense

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News, Government, Politics, Society & Culture

4.6 • 1K Ratings

🗓️ 15 September 2022

⏱️ 31 minutes

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Summary

Six months into the Ukraine crisis, are western sanctions imposed on Russia really working? Dr Richard Connolly, associate fellow at the Royal United Services Institute, joins Ahir Shah to explain the economic war sparked by Putin’s invasion, the effectiveness of Western sanctions, and why this hidden conflict isn’t going as well as expected. “Russia is quite happy to sell oil cheaply to friendly countries, not so much the West.” “The Rouble is strong at the moment, but that doesn’t mean sanctions aren’t working.” “Russia have been preparing for this, we have not.” “Russia will get poor, but Europe will be getting a hell of a lot poorer because of the downgrading of energy relations.” “Regime change is always implicit behind sanctions.” Support us on Patreon: https://www.patreon.com/bunkercast Written and presented by Ahir Shah. Lead Producer: Jacob Jarvis. Producers: Jacob Archbold, Jelena Sofronijevic and Alex Rees. Assistant producer: Kasia Tomasiewicz. Audio production by Jade Bailey. Music: Kenny Dickinson. Group editor: Andrew Harrison. THE BUNKER is a Podmasters Production. Learn more about your ad choices. Visit podcastchoices.com/adchoices

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1:11.4	Since Russia's invasion of Ukraine, the West's economic response has centered around escalating
1:16.6	sanctions on the Russian economy designed to hinder Vladimir Putin's ability to prosecute
1:21.0	his war.
1:22.0	But what effect are these sanctions having on the
1:24.4	Russian economy and war effort? Joining me to discuss this is Dr Richard Connolly
1:28.9	an associate fellow at the Royal United Services Institute and an expert on the Russian economy.
1:34.4	Richard, welcome to the bunker.
1:36.0	Good morning, thank you.
1:37.0	So Richard, one of the more recent developments people may have heard of in terms of Western sanctions
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