Attention Economy


Sunday, March 6, 2022

Impact of Sanctions on Russia


Calls for U.S. to ban Russian oil gain momentum despite inflation concerns
https://www.washingtonpost.com/national-security/2022/03/06/russia-oil-ban/
 
Russian banks turn to Chinese payments system after Visa and Mastercard suspend operations
https://www.telegraph.co.uk/business/2022/03/06/russian-banks-turn-chinese-payments-system-visa-mastercard-suspend/
 
For German Firms, Ties to Russia Are Personal, Not Just Financial
https://www.nytimes.com/2022/03/06/business/germany-russia-companies.html
 
Sanctions Test Faith in the Power of Economics
https://www.bloomberg.com/opinion/articles/2022-03-06/russia-invades-ukraine-sanctions-test-faith-in-the-power-of-economics
Financial weapons have the best chance to work when leaders can be moved by bread-and-butter self-interest. Maybe Putin can’t.