Money Talks: Is the West losing its sanctions war?

<p>It's been two years since Russia brought war to Ukraine. America, Britain and the European Union may not have intervened by putting boots on the ground—but they have launched a massive <a href="https://www.economist.com/finance-and-economics/2024/02/21/russia-outsmarts-western-sanctions-and-china-is-paying-attention?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=moneytalks&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">financial counteroffensive</a>. Vladimir Putin’s government, his cronies and the businesses profiting from the war are all subject to sanctions, yet the Russian economy has proved remarkably resilient. So, <a href="https://www.economist.com/leaders/2024/02/21/even-the-toughest-sanctions-on-russias-war-machine-are-no-substitute-for-military-aid?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=moneytalks&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">does financial warfare work</a>?</p><p>Hosts: Mike Bird, Alice Fulwood and Tom Lee-Devlin. Guests: <em>The Economist</em>’s Cerian Richmond Jones; Juan Zarate, the architect of America’s sanctions after the September 11th attacks; and Nicholas Mulder, author of “The Economic Weapon”, which examines the rise of sanctions as a tool of war.</p><p><em>Get a world of insights for</em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em> 50% off—subscribe to Economist Podcasts+</em></a></p><p><em>If you’re already a subscriber to The Economist, you’ll have full access to all our shows as part of your subscription. For more information about how to access Economist Podcasts+, please visit our</em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em> FAQs page</em></a><em> or watch</em><a href="https://www.youtube.com/watch?v=48TlDbL-4vU" rel="noopener noreferrer" target="_blank"><em> our video</em></a><em> explaining how to link your account.</em></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>