Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Investing

Biden’s New Sanctions are Unlikely to Meet His Stated Goals

by February 23, 2024
February 23, 2024
Biden’s New Sanctions are Unlikely to Meet His Stated Goals

Justin Logan

The Biden administration marked the two‐​year anniversary of the war in Ukraine by announcing a new round of sanctions and other economic efforts at coercing Russia. Unfortunately, the new sanctions suffer from the same flaw as its overall Ukraine policy: a disconnect between strategic ends and tactical means.

Biden says the new sanctions will “target individuals connected to [Aleksey] Navalny’s imprisonment as well as Russia’s financial sector, defense industrial base, procurement networks and sanctions evaders across multiple continents,” and “ensure Putin pays an even steeper price for his aggression abroad and repression at home.” Their export restrictions seek to punish actors “providing backdoor support for Russia’s war machine.” The administration also seeks to “further reduce Russia’s energy revenues.”

These measures are likely to achieve all those goals. But even achieving those goals are very unlikely to contribute to the strategic end the administration seeks, which is a Russian defeat in Ukraine. The history of sanctions and other economic coercion is not a happy one, especially when dealing with a highly motivated great power, as Russia is in Ukraine. Economic coercion usually fails without a high level of global compliance with the effort, and when the target state sees the end it is pursuing as being worth paying high costs. To date, many of the most important Russian sanctions (like the oil price cap) have been leaky, and the Russian economy, though injured, has avoided damage severe enough to force the government to revise its aims.

Until and unless the administration engages on the central issue — Ukraine’s strategic orientation and US support for its membership in NATO — it will be left counterpunching with tactical measures that cannot force Russia to end the war on Ukraine’s terms.

0
FacebookTwitterGoogle +Pinterest
previous post
Is Energy About to Undergo a Strong Seasonal Sector Surge?
next post
AMD’s Sensational Halt — What You Need to Watch

You may also like

Taiwan Arms Backlog, March 2024 Update

April 1, 2024

Autonomy and Affordability: Solving Homelessness Without Coercion

December 13, 2024

There Are Many Ways to Fix Bank Regulation—Here’s...

December 16, 2024

North Carolina’s Constitution Protects a Crucial Economic Liberty

May 1, 2024

For National Recovery Month, Congress Should Expand Access...

September 7, 2023

Congress Investigates Debanking, Reintroduces (Un)Fair Access

February 11, 2025

Spending Cuts for 2025

November 19, 2024

What Is the EPA’s Mission?

May 28, 2025

Trump Administration Shouldn’t Designate Drug Cartels as Foreign...

February 5, 2025

Analysis of 2022 Audited Financial Reports Shows Wide...

April 11, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • EPA announces 23% workforce reduction and closure of research office as part of federal streamlining

      July 19, 2025
    • Microsoft ends use of China-based computer engineers for certain Defense Dept projects amid espionage fears

      July 19, 2025
    • July Strength, Late-Summer Caution: 3 Charts to Watch

      July 19, 2025
    • The Real Drivers of This Market: AI, Semis & Robotics

      July 19, 2025
    • Patel touts FBI’s dozens of convictions in $250 million Minnesota COVID scam

      July 18, 2025
    • Three Stocks in Focus: One Old Favorite, One Mag Name, and a Dow Comeback Story

      July 18, 2025

    Categories

    • Business (8,524)
    • Investing (2,134)
    • Politics (16,115)
    • Stocks (3,220)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved