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this post was submitted on 23 Feb 2024
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Wait, so the country we are actively financing a war with is not already cut off from any and all economic activity with us?
So we're helping them win the war that we are financing against them.
They've been doing this since the russians first invaded; painful sanctions with threats of even more painful sanctions if things continue. You don't cut off everything instantly, it leaves you with nothing to negotiate with if they push even further. It also causes trust issues with other countries if you cut off someone completely for one (admittedly major) fuckup. That's how you lose allies.
Also worth noting is this quote from the treasury department (thanks botzo);
"To deny Russia the resources necessary to support its brutal war against Ukraine, Treasury is designating targets including a major cog in Russia’s financial infrastructure; more than two dozen third-country sanctions evaders in Europe, East Asia, Central Asia, and the Middle East; and hundreds of entities in Russia’s military-industrial base and other key sectors."
Theyre adding sanctions for proxy countries that are being used to get around already established sanctions. Cleanup, essentially.
Have I got news for you…