Are sanctions on Russia working?

Are sanctions on Russia working?

Author: BBC World Service September 2, 2022 Duration: 48:59

It’s been six months since the West imposed an array of sanctions on Russia after its invasion of Ukraine. Around half of Russia’s $640 billion worth of foreign exchange and gold reserves have been frozen, major Russian banks have been barred from the international financial messaging system Swift, the selling of key technology to the country has been prohibited, and the assets of some wealthy individuals have been seized. But Europe is still buying large amounts of Russian gas, a commodity it depends on to keep its citizens warm and its industries running. So, what are the main aims of the sanctions regime? Are the measures working or is Russia finding new ways around restrictions? And what does the future hold for an economy that’s increasingly cut off from major world markets?

Ritula Shah is joined by a panel of expert guests. Producers: Rozita Riazati and Paul Schuster.


Each week, The Real Story from the BBC World Service moves beyond the headlines to examine a single, pressing issue shaping our world. Instead of rapid-fire updates, this podcast dedicates its time to deep, thoughtful conversation. You’ll hear directly from the people involved-policymakers, analysts, journalists, and those directly affected-as they unpack the complexities of a major event or trend. The discussions are rigorous and nuanced, focusing on the underlying forces, historical context, and potential consequences that simpler reports often miss. It’s a space for genuine debate where differing perspectives collide, providing a clearer picture of why a story matters. For anyone seeking to understand the deeper narratives behind the news, this podcast offers essential context and insight, transforming a familiar topic into a richer, more complete understanding. Tune in for a thorough analysis that challenges assumptions and connects the dots on global affairs.
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