ACN Business

Why Biden’s sanctions may actually work to make Russia pay for invading Ukraine

Written by David Cortright, Professor Emeritus, Kroc Institute for International Peace Studies, University of Notre Dame

The ruble crashed to a record low after Putin invaded Ukraine and the West announced new sanctions. Alexander Nemenov/AFP via Getty Images)

The Biden administration is delivering on its vow to impose “severe sanctions” against Russia for its military aggression against Ukraine.

The new sanctions announced on Feb. 24, 2022, will cut off...

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