We may see proxy wars and indirect military confrontation, but the relations between the different key powers will be shaped by economic warfare first and foremost
Media mentions – Sanctions
[The EU and the US] came together, we did not expect their sanctions in this sphere to be so harmonized
Isolating a G20 economy completely, even if Russia’s isnt the biggest, is very difficult
There is an endless list of things that connect countries but which can also be used to exert political pressure
When Russia looks abroad, where its reserves haven’t been frozen yet, that won’t be Europe, that won’t be in the U.S., that will be in China.
Russia’s Central Bank might struggle to fight massive inflation and panic even after it doubled interest rates and introduced capital controls
Far-reaching competences to impose protective measures could lead to protectionism
Jonathan Hackenbroich and Pawel Zerka are quoted on sanctions as a defensive weapon
He accepts this isolation as long as he can pursue his agenda to restore the greatness of the former Soviet empire to Russia