This Is What Sanctions Can Do to the Russian Economy
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Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
U.S. and E.U. countries have unveiled extraordinarily tough sanctions against Russia over its invasion of Ukraine. But what effect will they have? Are they tough enough? And will Russia feel a significant amount of pain as long as the sanctions don't include energy? On this episode, we speak with sanctions researcher Edoardo Saravalle about the existing sanctions, their power, what more can be done, and what history says about how they will work.
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