Sanctions
Why Russia’s Nuclear Sector Is Safe From Sanctions
Ukraine, supported by Lithuania and Poland, recently doubled down on its campaign to sanction Russia’s nuclear sector in the same way as oil and gas, which have already been embargoed....
There’s No Such Thing as ‘Smart Sanctions’
In Late December, the U.S. Treasury Department issued new regulatory filings as part of what it billed as a “historic” effort to address the humanitarian cost of sanctions. The core...
China Is Preparing for Economic War With the West
The lynchpin of the G7 countries’ price cap on Russian oil, unveiled in early December, is its conditional prohibition on access to world-class Western insurance and reinsurance firms. The price...
Why Sanctions Can’t Stop Russia and Iran
Economic sanctions and financial penalties form an integral part of statecraft, whether they are used to pursue geopolitical interests or influence the decisions of other states. Since 1990, the use...
Don’t Let Putin’s Enablers Escape the Sanctions Regime
After Russian president Vladimir Putin formally annexed four Ukrainian regions last month, the United States responded with more punitive sanctions against Moscow. Yet in its quest to counter Putin’s aggression,...
Liz Truss’ ‘Economic NATO’ Is a Pipe Dream
Liz Truss, Britain’s new prime minister, has developed a bold idea for international affairs. In response to the Russian invasion of Ukraine, she proposes establishing an “Economic NATO”, or “eNATO,”...
Sanctions Unilateralism Is Strangling U.S. Leadership
The U.S.-led campaign to ensure Russia’s “strategic defeat” and to “empower the Ukrainians to defend themselves, degrade Russia’s ability to fight this war [and] to project power in the future”...
Against Russia and China, an ‘Economic NATO’ Is Not Enough
Following the Kremlin’s decision to invade Ukraine, British foreign secretary Liz Truss argued that the G7 should act as an “economic NATO, collectively defending our prosperity. If the economy of...
Should Sanctioning Countries Be Blamed for Causing Human Suffering?
Despite the fact that there is much literature and evidence on the ineffectiveness of broad-based sanctions, the United States continues to expand their use. The cases of Cuba, which has...
In War, the Economic Weapon Is No Silver Bullet
Nicholas Mulder, The Economic Weapon: The Rise of Sanctions as a Tool of Modern War (New Haven: Yale University Press). 448 pp., $32.50. Some books are timely because their authors...
Boycotting Israel at the Middle East Studies Association
The crisis in higher education, faculty, students, and administrations adopting ideological positions radically at odds from those of most Americans and in the process reshaping institutions, is becoming better understood....
Treasury’s Sanctions Review Affirms Status Quo Over Change
The Treasury Department formally released its year-in-the-making and long-awaited review of U.S. sanctions policy on October 18. As asserted in the document, and in a roll-out event at the Center...