December 18, 2014
COLUMN-Russia Sanctions: Beware the Blowback
In recent days, the U.S. Congress has moved aggressively to increase the economic pain inflicted on Russia in punishment for its brazen destabilization of easternUkraine and Crimea.
Legislators are attempting to up the ante with Moscow by passing new laws to penalize foreign banks and energy companies for doing business in several Russian economic sectors.
The desire to inflict more economic difficulty on Russia is understandable. By imposing pain on Russia, the United States and the European Union can try to force Moscow to change its aggressive behavior toward its neighbors.
But the new sanctions may not be as effective as Congress hopes, and President Barack Obama should be reluctant to enforce the penalties aggressively, as doing so would have serious consequences for the United States and its partners abroad.
Read the full op-ed at Reuters.
More from CNAS
-
Podcast
Transatlantic Security / Energy, Economics & Security
From Russia with RiskHere on the Bear Market Brief, a lot of what we focus on is, simply put, risk: what might happen, and what might it mean? On this episode, Rachel Ziemba, an adjunct senior fel...
By Rachel Ziemba
-
Trump Should Walk from Putin Negotiations
Video
Trump will walk from the Ukraine-Russia negotiations as his lack of “patience” means its “just a matter of time”, says Jim Townsend, adjunct senior fellow at the Center for a ...
By Jim Townsend
-
Commentary
Transatlantic Security / Energy, Economics & Security
Putin’s Pressure PointTrump’s handling of Russia diverges sharply from his approach to every other country....
By Edward Fishman
-
Podcast
Transatlantic Security / Technology & National Security
Ukraine Strikes Military and Psychological Blow to RussiaUkraine attacked targets deep inside Russia yesterday, in what Kyiv called “Operation Spiderweb.” The Security Service of Ukraine claimed responsibility for the attack using d...
By Samuel Bendett
