meta_pixel
Tapesearch Logo
Log in
The Journal.

If Russia Invades Ukraine, Can the U.S. Deliver on Sanctions?

The Journal.

The Wall Street Journal

Business News, News, Daily News

4.25.8K Ratings

🗓️ 11 February 2022

⏱️ 16 minutes

🧾️ Download transcript

Summary

On Friday, a top White House official warned that Russia could invade Ukraine at any time. President Biden has promised tough sanctions if Russia does invade, but Russia's economic ties with Germany could limit the bite of those measures. WSJ's Bojan Pancevski explains Germany's growing reliance on Russian gas and how it could complicate the West's response. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This afternoon, a top white house official warned that Russia could invade Ukraine at any

0:11.8

time.

0:14.5

We want to be crystal clear on this point.

0:17.4

Any American in Ukraine should leave as soon as possible and in any event in the next

0:22.3

24 to 48 hours.

0:24.8

In recent weeks, President Biden has been warning Russia that if it enters Ukraine,

0:29.9

the U.S. will cripple the Russian economy with sanctions.

0:34.7

We will impose the most severe sanctions that have ever been imposed, economic sanctions,

0:40.4

and there will be a lot to pay for that down the road.

0:44.2

Some of the sanctions that have been discussed include targeting Russian banks and financial

0:50.9

transactions that would make it incredibly difficult to do business with Russian entities.

0:56.1

There has been talk about sanctioning President Putin himself and people around him.

1:01.5

That's our colleague, Boyan Panchevsky.

1:03.9

He says those measures won't really hit Russia where it hurts.

1:08.0

Most experts agree that there's only one really painful measure that you can impose on

1:13.1

the Russians and that's cutting off their revenues from gas and oil.

1:18.2

But the U.S. is unlikely to cut off those revenues because one of its closest allies,

1:24.1

Germany, needs Russian gas.

1:30.5

In Germany, Russian gas is what keeps people's homes heated and the country's factories running.

1:36.7

They need Russian gas.

1:38.2

Where else are they going to get their gas from?

1:40.6

The Germans are simply not ready.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.