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Tag Archives: Society for Worldwide Interbank Financial Telecommunication (SWIFT)

Sanctions on Russia Prove Another Failure of the West

The limited impact of economic sanctions on Russia represents an additional data point proving that the West, even when relatively united, no longer rules the world. Indeed, its losing streak in major 21st century military conflicts continues unbroken, and it serially overestimates its ability to shape global affairs.

Russia Looks East to Overcome Sanctions

Economic sanctions and corporate boycotts have not caused the rapid collapse of the Russian economy, as some Western commentators had hoped. Sanctions are, however, pressuring economic lifelines for the Russian people and forcing Moscow to embrace Eurasian ties.