Are Sanctions on Russia Really Working?

Six months into the Ukraine crisis, are western sanctions imposed on Russia really working? Dr Richard Connolly, associate fellow at the Royal United Services Institute, joins Ahir Shah to explain the economic war sparked by Putin’s invasion, the effectiveness of Western sanctions, and why this hidden conflict isn’t going as well as expected. “Russia is quite happy to sell oil cheaply to friendly countries, not so much the West.” “The Rouble is strong at the moment, but that doesn’t mean sanctions aren’t working.” “Russia have been preparing for this, we have not.” “Russia will get poor, but Europe will be getting a hell of a lot poorer because of the downgrading of energy relations.” “Regime change is always implicit behind sanctions.” Support us on Patreon: https://www.patreon.com/bunkercast Written and presented by Ahir Shah. Lead Producer: Jacob Jarvis. Producers: Jacob Archbold, Jelena Sofronijevic and Alex Rees. Assistant producer: Kasia Tomasiewicz. Audio production by Jade Bailey. Music: Kenny Dickinson. Group editor: Andrew Harrison. THE BUNKER is a Podmasters Production. Learn more about your ad choices. Visit podcastchoices.com/adchoices