sanctions

  The prominence of free trade as a guiding principle in shaping relationships between countries has steadily diminished since the end of the Cold War. Instead, geopolitics has begun to regain its influence. This shift has major implications for global economies and consumers as nations impose trade restrictions such as unilateral sanctions and export controls. […]

  The European Union is seeking to make it more difficult to circumvent its sanctions regime. The 14th package of its sanctions against Russia, in force since June 25, 2024, is designed to increase liability risks for companies that have avoided the previous rounds. By the end of the year, the measures will apply to […]

  The track record of economic sanctions against Russia has proven what everybody in the West knew, or should have known, from the outset: this is a dubious weapon. The threat of sanctions had provided zero deterrence against Moscow’s ambition to launch a full-scale invasion of Ukraine. Since the war, the subsequent implementation of sanctions […]