The focus on the defense regarding Russia’s war of aggression against Ukraine often distracts attention from the economic war happening simultaneously. The US and EU impose sanctions on Russia regularly to hinder its ability to continue the war. In response, there are analyses, data, and disinformation suggesting the sanctions are ineffective. This week, the EU imposed its 14th round of sanctions, and Russia claimed the EU was harming itself more than Russia. This cycle obscures the success of sanctions and the broader economic implications of the war.
To help navigate through the data, Ilana Bet-El welcomes Agathe Demarais, Senior Policy Fellow for Geoeconomics at the ECFR, who is an expert on sanctions. They discuss economic measures, countermeasures, and provide clarity on the broader economic context of the war against Ukraine. Additionally, they delve into the global economic situation, from demography to corporate interests, and consider its future impact.
As they say in Cabaret: “That clinking, clanking sound, can make the world go ‘round!” This episode was recorded on June 18, 2024. Listeners can find this episode on Apple Podcasts and Spotify for more insights.
The opinions expressed in the episode are solely those of the author and may not represent the views of