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

Argentina’s Milei Should Dollarize after Legislative Setback

February 16, 2024

As the Public Schooling Battle Map Passes 4,000...

April 5, 2024

The CFPB’s Overdraft and NSF Mess

April 2, 2024

No Need to Race to the Bottom with...

February 12, 2024

MedPAC Identifies Medicare Advantage Pricing Errors, Savings Opportunities

March 14, 2025

Expensing Could Help Manufacturing’s Productivity Problem

June 12, 2024

Friday Feature: Fersken Education

October 27, 2023

A Cato Plan to Cut Tax Rates to...

June 17, 2024

Commercial-to-Residential Zoning Reform Gains Steam

November 10, 2023

There Is No “Little Secret” Speaker Power over...

October 29, 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

    • Claim Trump nixed top Musk ally from NASA post over Dem donations belied by ex-Dems on team

      June 6, 2025
    • House Budget chairman explains why there’s no ‘pork’ in Trump tax bill after Elon Musk attacks

      June 6, 2025
    • Silver’s Surge is No Fluke—Here’s the Strange Ratio Driving It

      June 6, 2025
    • Friday Feature: Incubate Debate

      June 6, 2025
    • Risch urges ‘top to bottom’ USAID spending review after waste, fraud exposed

      June 6, 2025
    • Universities in Libertarian Land

      June 6, 2025

    Categories

    • Business (8,149)
    • Investing (2,013)
    • Politics (15,547)
    • Stocks (3,131)
    • 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