Western Sanctions Proving Effective Against Moscow
==========
Sanctions have been placed on Russia since their initiation of the Ukraine invasion in 2021, with a 14th package being prepared by the U.S. that will target Moscow’s Liquified Natural Gas (LNG) projects. The objective is to fracture the Russian economy. The recent Houthi attacks have already hindered the LNG market, and the 14th sanction package aims to further target Russia's involvement in that sector. The inflow of capital to Putin’s war fund will slow as a result of these sanctions, restricting some actions and spending associated with government funds. The main long-term metrics to observe are GDP growth and other quality-of-life measurements tied directly to the Russian economy. The Western sanctions forced the Russian economy into a recession in 2014 and helped devalue the country’s currency. The packages are meant to weaken Moscow’s economy, putting it at a disadvantage in Russo-American competition. Already, the standard of living in Russia has decreased significantly, and the ruble has lost a significant portion of its value. These packages will hinder Putin’s ability to outperform and grow the Russian economy compared to the United States.
#Sanctions #Russia #Moscow #Economy #Lng
https://theatlasnews.co/analysis/2024/05/27/western-sanctions-proving-effective-against-moscow/
Atlas News /
npub1er…ym5vy
2024-05-27 20:57:09
Author Public Key
npub1er62ts5l4v7j3xcw3wdgweul5rzpkc87cj6rlreh34lmhgrrnffqgym5vyPublished at
2024-05-27 20:57:09Event JSON
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"content": "Western Sanctions Proving Effective Against Moscow\n==========\n\nSanctions have been placed on Russia since their initiation of the Ukraine invasion in 2021, with a 14th package being prepared by the U.S. that will target Moscow’s Liquified Natural Gas (LNG) projects. The objective is to fracture the Russian economy. The recent Houthi attacks have already hindered the LNG market, and the 14th sanction package aims to further target Russia's involvement in that sector. The inflow of capital to Putin’s war fund will slow as a result of these sanctions, restricting some actions and spending associated with government funds. The main long-term metrics to observe are GDP growth and other quality-of-life measurements tied directly to the Russian economy. The Western sanctions forced the Russian economy into a recession in 2014 and helped devalue the country’s currency. The packages are meant to weaken Moscow’s economy, putting it at a disadvantage in Russo-American competition. Already, the standard of living in Russia has decreased significantly, and the ruble has lost a significant portion of its value. These packages will hinder Putin’s ability to outperform and grow the Russian economy compared to the United States.\n\n#Sanctions #Russia #Moscow #Economy #Lng\n\nhttps://theatlasnews.co/analysis/2024/05/27/western-sanctions-proving-effective-against-moscow/",
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