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The John Batchelor Show

#Ukraine: #Russia: #EU sanctions aim at Foreign Reserve assets and high-end imports. Michael Bernstam, Hoover Institution.

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 16 February 2023

⏱️ 11 minutes

🧾️ Download transcript

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@Batchelorshow


#Ukraine: #Russia: #EU sanctions aim at Foreign Reserve assets and high-end imports. Michael Bernstam, Hoover Institution.
https://on.ft.com/3IqZac2

Transcript

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0:30.0

This is CBS Eye in the World. I'm John Bachelor.

0:38.2

Sanctions regime against Russia. The year since the attack on Ukraine and the sanctions

0:45.0

have beggared Russia's future have guaranteed that the people, especially the young people

0:50.4

of Russia, will live in a landscape that is much reduced and the damage to their education

0:57.0

and their children will be profound. Blanketing that part of the world with doubts for decades.

1:03.6

However, right now the Russian sanctions are in debate in the EU because there are questions

1:09.6

about are they effective? Are they blocking Russia's ability to get parts and high tech

1:14.7

system? The war fighting materially it needs to carry on its conduct. I welcome Michael

1:21.4

Bernstom of the Hoover Institution who has been following sanctions for me since before

1:26.3

the war started. We move now from talking about crude oil or refined oil products where

1:33.7

there are caps that at this point are said to be very effective for reducing the Russian

1:39.4

income. We move to the EU's 10th package of sanctions which member states are pushing.

1:46.0

This is the FT reporting. Member states are pushing through as the first anniversary of

1:50.6

Russia's full scale invasion looms on February 24th. It comes as the EU steps up its scrutiny

...

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