: :inin Kyiv (EET)

Economic Sanctions Are Simultaneously Ineffective and Cruel

Joe Biden’s administration keeps boasting about how successful international sanctions have been in punishing Russia for invading Ukraine. But that boast is increasingly hollow, both with respect to the extent of international unityand the success of the sanctions. Instead of being a success story, the U.S.-led sanctions campaign against Russia is fast becoming another example of a chronically failed tactic.The administration’s propaganda about widespread global support relies primarily on 2 resolutions condemning the invasion that the UN General Assembly approved, one in March 2022 and the other in February 2023. However, both resolutions were purely symbolic, toothless measures. They did not commit member states to take any action. Nevertheless, more than one-fifth of the UN members, including such key players as China, South Africa, and India, defied Washington’s pressure and cast negative votes or abstentions.A more graphic and substantive indication of the unwillingness of countries not already in Washington’s geopolitical orbit to join the crusade against Moscow is their refusal to impose economic sanctions. Except for the NATO bloc and long-standing U.S. security dependents in East Asia, the global mapis nearly devoid of countries that have adopted punitive measures. Such absence of support throughout the Middle East, Africa, and Latin …read more

Source:: Ron Paul Institute


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