Sanctions have failed to prevent Myanmar’s military from obtaining hardware.
STR/AFP via Getty Images
Economic proscriptions by the US and EU are hampered by lack of support among Myanmar’s major trading partners in the region.
Domitille P/Shutterstock
Cuba’s economy – saddled by US sanctions and ill-timed reforms – is in dire straits.
Russian President Vladimir Putin attends a ceremony to present medals at the St. George Hall of the Grand Kremlin Palace, in Moscow, Russia, Dec. 8, 2023.
(Sergei Guneyev, Sputnik, Kremlin Pool Photo via AP)
Polls suggest many Russians remain supportive of Putin and the war in Ukraine. Economic realities and western double standards likely play a big role.
Russian Central Bank Chief Elvira Nabiullina attends a meeting on economic issues in Moscow in February 2023. Central bank reserves are among the Russian state assets that could be seized under Canadian law.
(Dmitry Astakhov, Sputnik, Kremlin Pool Photo via AP)
Who will pay to rebuild Ukraine? Canada is the first to pass a law allowing Russian state assets to be seized to rebuild Ukraine, but will it discourage Russia from ending the war?
eamesBot/Shutterstock
Some western companies have continued operating in Russia since it invaded Ukraine, while others have left the country altogether.
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In a world where economic sanctions make trade in US dollars almost impossible, gold has offered a way to evade these restrictions.
Putin has survived with a little help from his friends.
Alexei Druzhinin, Sputnik, Kremlin Pool Photo via AP
The US and dozens of other nations have punished Russia with round after round of sanctions – yet the Russian economy is expected to grow in 2023.
Kevin McCarthy., left, Chuck Schumer, right, and President Joe Biden meet at the White House on May 9, 2023.
AP Photo/Evan Vucci
As President Biden begins meeting with congressional leaders to resolve the debt ceiling showdown, an economist warns the consequences of a default could be dire.
EPA/Kimimasa Mayama
An undemocratic Myanmar serves no one’s interests except China.
The Irawaddy
Having already spent 20 months in a prison, Aung San Syy Kyi’s Australian economic advisor is due for release in January 2024.
Biden wants to find a way to seize oligarch-owned yachts.
AP Photo/Francisco Ubilla
The US has frozen tens of billions of dollars worth of assets belonging to Russians and their government. A legal scholar explains why confiscating them is a bit trickier.
People march in Saskatoon, Sask., with the flag of Ukraine during a rally mourning the deaths of civilians killed during the Russian invasion of Ukraine.
THE CANADIAN PRESS/Heywood Yu
Canada has played the role of a global peace advocate before. Rarely has the world needed it more than right now.
There are few ways for the West to deter the rise of another dictator like Russian President Vladimir Putin.
Mikhail Klimentyev/Sputnik/AFP via Getty Images
In recent years, Western governments have, in effect, aided the rise of personalist dictators in Russia, Iraq, Libya, North Korea and Venezuela.
Everyday Russians, like these people in Moscow, may shoulder much of the burden of the world’s economic sanctions aimed at Vladimir Putin and his oligarchs.
AFP via Getty Images
Personalist dictators tend to shield the elites who support them from the economic pain of sanctions by pushing costs onto regular people.
Anatoly Maltsev/EPA
A closer look at Bitcoin transactions suggests ordinary Russians are the ones buying more cryptocurrency, hoping to hang onto savings as the ruble’s value plummets.
The yacht Amore Vero is docked in the Mediterranean resort of La Ciotat, France. French authorities have seized the yacht linked to Igor Sechin, a Vladimir Putin ally who runs Russian oil giant Rosneft, as part of EU sanctions over Russia’s invasion of Ukraine.
(AP Photo/Bishr Eltoni)
The targeting of elite interests has been at the centre of recent sanctions policies, including sanctions on Russia. We look at the effectiveness of targeting in Iran in the 2010s.
People in the Russian city of St. Petersburg stand in line to withdraw U.S. dollars and euros from an ATM. Ordinary Russians faced the prospect of higher prices as western sanctions over the invasion of Ukraine sent the ruble plummeting.
(AP Photo/Dmitri Lovetsky)
Over-reliance on sanctions and economic warfare measures have led to strategic complacency and the avoidance of negotiations on the part of the western governments.
Ordinary Russians are facing the prospect of higher prices as western sanctions over the invasion of Ukraine sent the ruble plummeting. That’s led uneasy people to line up at banks and ATMs on Monday in a country that has seen more than one currency disaster in the post-Soviet era.
(AP Photo/Pavel Golovkin)
With Russia’s “great power status” tied closely to economic power, the country’s crumbling economy is putting Putin’s claims to legitimacy at risk.
FALKENSTEINFOTO/Alamy Stock Photo
Warring countries have ben imposing sanctions on their enemies for hundreds of years. They have met with mixed success.
Women look at a screen displaying exchange rate at a currency exchange office in St. Petersburg, Russia. The Russian currency has plunged against the U.S. dollar after the West imposed severe economic sanctions.
(AP Photo/Dmitri Lovetsky)
Some economic sanctions may violate international law principles, including those the sanctions are intended to enforce. They may therefore undermine the very legal regimes Canadians champion.