While Putin made prewar preparations to attempt to sanction-proof the Russian economy, he was not ready for the risk of a mass foreign exodus from the Russian market.
Latest in Russia sanctions
The relationship between foreign sovereign immunity and sanctions against central banks is important but often mischaracterized.
The United States needs a theory of sanctions, based on honest reflection and study of how economic pressure can and can’t induce the types of behavioral changes that policymakers aim for.
The Senate Foreign Relations Committee’s Conflicting Views on the Role of Sanctions in America’s Strategy Toward Russia
The Senate Foreign Relations Committee’s Dec. 3 hearing on the future of the U.S.-Russia relationship revealed stark differences in lawmakers’ views on the role sanctions should play in Washington’s strategy toward Moscow.
Editor’s Note: Trump's destruction of U.S. alliances and coddling of Moscow is alarming enough, but even more distressing is the apparent complacency of many powerful Republicans. This may be changing. Molly McKew of the New Media Frontier assesses legislation in the works that would constrain the president on NATO and Russia. If passed, it would mark a major step toward Congress reasserting itself as a foreign policy player.
New movement may be afoot on a sanctions bill designed to deter Russian election interference. The bill, the Defending Elections from Threats by Establishing Redlines Act of 2018 (Deter Act), was introduced earlier this year by Sens. Marco Rubio (R.-Fla.) and Chris Van Hollen (D.-Md.).
Editor’s Note: The U.S.-Russia relationship is at the center of the Trump administration. At home, the investigation over Russian interference in the 2016 election continues to enrage the president, while abroad Russia appears to be one of the few countries in the world the president respects. So it is not surprising that all eyes are on the Putin-Trump summit. MIT's Carol Saivetz surveys the summit landscape, assessing what might be on the table and how the summit might go.
When it comes to Russia sanctions, deadlines do not seem to be this White House’s strong suit. Only three months ago, on Oct. 1, the Trump administration blew through one of the first sanctions deadlines imposed by the Countering America’s Adversaries Through Sanctions Act (“CAATSA”).
After a long and winding road, both houses of Congress have finally passed a bill which—if signed into law—would essentially require President Trump to impose significant new sanctions, including against Russian interests. On July 28, Congress passed the Countering America’s Adversaries Through Sanctions Act, and the bill was presented to President Trump.
Last week, the Senate took a significant step towards imposing additional sanctions on Russia. The latest step came in the form of an amendment to S.722, the Countering Iran's Destabilizing Activities Act.