Yes Putin did well for Russia, until Crimea. I can see why he did it. CIA maidan coup. But invading Crimea, an area which UK and Ottomans went to war with Russia over. That really ruined him in the eyes of the west, and this invasion has buried him.Russian military intervention in Ukraine is proving costly to Putin administration. Russia is very likely to consider political solution for Ukraine, therefore. 3 rounds of talks have taken place by now. I am not surprised.
Few more months and the impact of sanctions will start wearing down? How easily you draw conclusions, right? Did the impact of American sanctions imposed on Russian economy in 2014 start to wear out? NO. Russian economy dropped from 5th spot to 11th spot in the (2014 - 2021) period. American sanctions produced the desired effects in passing years.
Russia could benefit from Nord Stream 2 with Germany but fate of this project is uncertain now.
Multiple countries have imposed sanctions on Russia by now. These will collectively bite very hard. You will see desired effects in time.
Europe has been crucial to sustaining Russian economy but European countries are now realizing that they need to find ways to decouple from Russia. UK has made a decision in this regard just now:
Germany and Italy are in a bind due to heavy reliance on Russian gas. Russia can counter-hurt these two rather easily. I give you this. But can Russia take this risk in current situation?
Russia’s attempt to sanction-proof its economy has been in vain
Western co-ordination has shut off much of its currency reservewww.economist.com
Western sanctions on Russia are like none the world has seen
But they may weaken the system they are meant to defendwww.economist.com
The chilling effect of sanctions on Russia
Economic warfare against Vladimir Putin cannot be fine-tuned to spare the energy sectorwww.ft.com
“The results so far for Russia’s economy have been devastating”—a brutal array of sanctions bites
Also on the daily podcast: the view from Asia of Ukraine’s war and the centenary of polymathic auteur Pier Paolo Pasoliniwww.economist.com
Speaking of alternatives, some Asian countries can provide some relief to Russia but they do not substitute European markets. USA is watching this development closely as well.
Sanctions imposed on Russia will affect many countries in time.
Far from Putin’s Russia, Tajikistan’s people feel sanctions pain
Remittances to Central Asian republic have plunged in value amid sanctions intended to hit Russia over war in Ukraine.www.aljazeera.com
Even PM Imran khan has voiced his concern that crippling sanctions on Russia will harm developing countries including Pakistan down the road.
- - -
You are mistaking my critic of Russian miscalculations for disliking Russia. This might surprise you but I am one of the unspoken distant fans of Vladimir Putin. I like Russia very much as well. I wasn't very expressive in this regard here on PDF.
I am of the view that Putin was doing very well until he miscalculated in Ukraine.
Russia-Ukraine War - News and Developments
Does someone know where Mexico stands on this conflict? Has Mexico put sanctions on Russia as well?defence.pk
Putin can do some Damage Control by considering a political solution for Ukraine. He can soothe tempers in this manner. This might convince some countries to reduce sanctions on Russia. However, he cannot reverse everything in motion against Russia now.
When the dust will settle, there will be numerous humbling lessons to write about.
You need to stop assuming about my likes and dislikes while addressing me.
Even if he goes home tomorrow and leaves Ukraine. Who will pay for all the damage? It will have to be Russia, so sanctions cant be lifted until there is regime change and Russia agrees to pay for it all.
Its all over for him and all over for Russia while they harbour him. it could take 15 years to sort all this out.