![]() ![]() Ryan Knutson: What are the more serious sanctions that could still be on the table? They're not going to cause a lot of pain, but what can come down the road? What could be next? Now, that's the real deal here for Moscow. Georgi Kantchev: What we've seen so far are basically relatively narrow sanctions. Our colleague Georgi Kantchev has been reporting on what some of those harsher sanctions against Russia could look like. and its allies have threatened even bigger sanctions. ![]() But if Russia doesn't come back to the negotiating table, the U.S. Ryan Knutson: Russia's foreign ministry has called these sanctions illegitimate and an effort by the West to restrain its development. Putin and the Russian government a chance to come back to the negotiating table. Ryan Knutson: What do you think the aim is of these sanctions?Īnn Simmons: I think it's a signal. Putin has just declared to be independent will now also be banned. The EU is also going a bit further with some measures that will ban the purchasing and trading of Russian bonds and also so imports from and exports to these separatist areas, these areas that Mr. Some of the initial measures include the black listing of a couple of banks, the stopping, quite importantly, of the Nord Stream Two natural gas pipeline. Ryan Knutson: What were some of those initial sanctions?Īnn Simmons: Oh, there've been a large range of sanctions. Putin and to the Russian government that this is a taste of things to come. Our colleague Ann Simmons is the Moscow Bureau Chief and she's been reporting on the many sanctions that world leaders have already put on Russia.Īnn Simmons: Now, these are initial sanctions, so we could say that this is just an initial warning to Mr. Coming up on the show, the sanctions that could be coming for Russia and how Vladimir Putin has been preparing. Ryan Knutson: Welcome to The Journal, our show about money, business, and power. Russia has actually dismissed the U.S.'s and the West's attempts to talk it down, so there is no telling what might happen. Ryan Knutson: But even those bigger sanctions might not be enough to avert all out war in Ukraine.Īnn Simmons: Russia has not listened in the past. Russia is going to become extremely isolated. If Putin goes further, they've promised even tougher consequences, including sanctions that would significantly cut Russia off from the world economy.Īnn Simmons: This basically puts Russia in the position of possibly becoming an international pariah. Ryan Knutson: World leaders have warned that this is just the start. ![]() Speaker 4: This is the first tranche, the first barrage of what we are prepared to do and we hold firm. ![]() Speaker 3: Australians always stand up to bullies and we will be standing up to Russia. Joe Biden: This is a flagrant violation of international law and demands a firm response from the international community. In the days after Russian President Vladimir Putin declared two Ukrainian regions independent and ordered Russian troops into those areas, the condemnations and sanctions have come on fast. Ryan Knutson: This week, world leaders have been slapping Russia with sanctions over its incursion into Ukraine. This version may not be in its final form and may be updated. This transcript was prepared by a transcription service. ![]()
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