Russia invasion of Ukraine - Sanctions on Russia | Ipse by Context

Josep Borrell

Inserted 2 months ago

“Today, we are further tightening the restrictive measures against Russia's military and defence sector. We remain united in our determination to dent Russia's war machine and help Ukraine win its legitimate fight for self-defence.”

Aljazeera

EU High Representative for Foreign Affairs and Security Policy

23 Feb 2024 3 3

Janet Yellen

Inserted 4 months ago

“Today we are taking steps to level new and powerful tools against Russia's war machine. And we will not hesitate to use the new tools provided by this authority to take decisive and surgical action against financial institutions that facilitate the supply of Russia's war machine.”

Aljazeera

United States Secretary of the Treasury

22 Dec 2023 3 2

Josep Borrell

Inserted 5 months ago

“This 12th package will include … new export bans, among them … diamonds. There would also be actions to tighten the oil price cap, in order to decrease the revenue that Russia is getting from selling its oil - not to us but to others - [and] fighting against circumvention.”

Aljazeera

EU High Representative for Foreign Affairs and Security Policy

13 Nov 2023 2 2

Oleg Panteleev

Inserted 8 months ago

“Russian airlines have solved the problem of operating under Western sanctions. At first there was a shock, no one knew what to do. After two to three months, new supply channels were found and, after six or nine months, quite a lot of alternatives appeared, which allowed for a reduction in prices and delivery times.”

Reuters

Head of the AviaPort aviation think-tank in Moscow

23 Aug 2023 3 3

Sergei Aleksashenko

Inserted 1 year ago

“The sustainability of the Russian economy is determined by its place in the global division of labour: it stands at the very beginning of technological chains as a supplier of natural resources. Since the global economy cannot grow without increasing its consumption of natural resources, the demand for Russian raw materials is maintained. This, to a large extent, has protected the Russian economy from the impact of sanctions.”

Aljazeera

Russian deputy finance minister in the 1990s

28 Feb 2023 5 3

Vladimir Putin

Inserted 1 year ago

“Sanctions restrictions on Russia cause much more damage to those countries that impose them. Further use of sanctions may lead to even more severe - without exaggeration, even catastrophic - consequences on the global energy market. We know that the Europeans are trying to replace Russian energy resources. However, we expect the result of such actions to be an increase in gas prices on the spot market and an increase in the cost of energy resources for end consumers. We should feel confident in ourselves but you should see the risks - the risks are still there.”

Aljazeera

President of Russia

08 Jul 2022 5 3

Joe Biden

Inserted 1 year ago

“Together, the G7 will announce that we will ban the import of Russian gold, a major export that rakes in tens of billions of dollars for Russia.”

Aljazeera

President of the United States

26 Jun 2022 3 1

Josep Borrell

Inserted 1 year ago

“Banning 90% of Russian oil imports gives a big blow to Putin's war chest. Withdrawal of Patriarch Kyrill shows limits of foreign policy based on unanimity. Religious leaders should not be shielded from responsibility for supporting Putin's war.”

Twitter

EU High Representative for Foreign Affairs and Security Policy

03 Jun 2022 6 4

Iskander Lutsko

Inserted 1 year ago

“Three factors have been supporting the rouble: escalating oil prices due to sanctions, capital controls, and a drop in dollar demand and excess FX [foreign exchange] liquidity due to high FX revenues from exports of oil and gas. Due to sanctions and capital controls, an artificial and highly supportive environment” was created for the rouble.”

Aljazeera

Chief investment strategist at ITI Capital

02 Jun 2022 8 3

Leonid Ragozin

Inserted 1 year ago

“If the war ends with Russia occupying all of Luhansk and Donetsk plus retaining control of the land corridor to Crimea, it will be more than enough for Putin to declare a spotless victory. But to cement his victory, the Russian leader will need to convince Ukraine to agree to a truce under such conditions, and that's a totally different story. Ukraine and its Western allies are hoping that under pressure from crippling sanctions Russia will eventually exhaust its military and economic potential and lose the battle.”

Aljazeera

Freelance journalist based in Riga

24 May 2022 8 2

Vitaly Savelyev

Inserted 1 year ago

“The sanctions imposed on Russia as of today have practically broken all logistics in our country. And we have to look for new logistics corridors.”

Ukrinform

Minister of Transport of the Russian Federation

22 May 2022 2 2

Sergey Lavrov

Inserted 1 year ago

“The collective West has declared total hybrid war on us and it is hard to predict how long all this will last but it is clear the consequences will be felt by everyone, without exception. We did everything to avoid a direct clash - but now that the challenge has been thrown down, we of course accept it. We are no strangers to sanctions: they were almost always there in one form or another.”

Reuters

Russian Foreign Minister

14 May 2022 4 3

Art Woo

Inserted 1 year ago

“All things considered, it's holding up better than initially expected. The Russian economy is still projected to fall into a recession later this year. But so far, it has managed to blunt the harshest economic consequences of the Western sanctions.”

Cbc

Senior economist with the Bank of Montreal

04 May 2022 3 5

Ursula von der Leyen

Inserted 1 year ago

“Putin must pay a price, a high price, for his brutal aggression. We will make sure that we phase out Russian oil in an orderly fashion, in a way that allows us and our partners to secure alternative supply routes and minimises the impact on global markets.”

Aljazeera

President of the European Commission

04 May 2022 5 3

Robert Habeck

Inserted 1 year ago

“We have managed to reach a situation where Germany is able to bear an oil embargo. This means it won't be without consequences. We still have no solution for the refinery in Schwedt. We can't guarantee that supplies will be continuous. There will for sure be price hikes and there will be some outages. But that doesn't mean we will slide into an oil crisis.”

Reuters

Vice Chancellor of Germany and Federal Minister for Economic Affairs and Climate Action

02 May 2022 6 4

Elina Ribakova

Inserted 1 year ago

“In Moscow it may seem that nothing [bad] is happening. But if you are in the Kaluga region or near St. Petersburg, where there are car assembly plants, everyone there knows that in a couple of months they will be out of work.”

Rferl

Deputy chief economist at the Washington-based Institute of International Finance (IIF)

27 Apr 2022 5 4

Pierluigi Paganini

Inserted 2 years ago

“The consequences of an oil embargo would likely cause a recession in Europe. While the US, the EU, the UK, and other countries have sanctioned Russia, Russian export revenues since the beginning of the invasion is not decreasing. Even if European governments agreed to stop Russian coal imports starting in August, it is not enough. The prices for oil would increase on a global scale. Using alternative oil provisions from the Middle East and Africa would take time, which in turn would force European countries to adopt an energy policy characterised by austerity.”

Aljazeera

Cybersecurity and intelligence expert in Italy

27 Apr 2022 8 5

Clayton Allen

Inserted 2 years ago

“You've kind of hit the ceiling - on both sides of the Atlantic - for what can be done easily and what can be done in short order. To move to a tougher round of sanctions, U.S. officials will need to provide some assurances to European countries that energy markets and supplies can be stabilized to avoid severe economic hardship. If Western Europe is plunged into a recession, that's going to drastically limit the amount of support - both moral and material - that they can provide to Ukraine.”

Reuters

U.S. director at the Eurasia Group political risk consultancy

06 Apr 2022 7 2

Benn Steil

Inserted 2 years ago

“We are at the point where we have to take some pain. The initial batches of sanctions were crafted as much to not hurt us in the West as much as they were to hurt Russia.”

Reuters

International economics director for the Council on Foreign Relations think tank in New York

06 Apr 2022 3 3

Dmytro Kuleba

Inserted 2 years ago

“I appreciate the strengthening of the 5th EU sanctions package: bans on Russian coal, vessels accessing EU ports, and road transport operators. But it will take a gas/oil embargo and de-SWIFTing of all Russian banks to stop Putin. Difficult times require difficult decisions.”

Twitter

Foreign Minister of Ukraine

06 Apr 2022 8 3

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Russia invasion of Ukraine - Sanctions on Russia

“Today, we are further tightening the restrictive measures against Russia's military and defence sector. We remain united in our determination to dent Russia's war machine and help Ukraine win its legitimate fight for self-defence.”

“Today we are taking steps to level new and powerful tools against Russia's war machine. And we will not hesitate to use the new tools provided by this authority to take decisive and surgical action against financial institutions that facilitate the supply of Russia's war machine.”

“This 12th package will include … new export bans, among them … diamonds. There would also be actions to tighten the oil price cap, in order to decrease the revenue that Russia is getting from selling its oil - not to us but to others - [and] fighting against circumvention.”

“Together, the G7 will announce that we will ban the import of Russian gold, a major export that rakes in tens of billions of dollars for Russia.”

“Banning 90% of Russian oil imports gives a big blow to Putin's war chest. Withdrawal of Patriarch Kyrill shows limits of foreign policy based on unanimity. Religious leaders should not be shielded from responsibility for supporting Putin's war.”

“The sanctions imposed on Russia as of today have practically broken all logistics in our country. And we have to look for new logistics corridors.”

“All things considered, it's holding up better than initially expected. The Russian economy is still projected to fall into a recession later this year. But so far, it has managed to blunt the harshest economic consequences of the Western sanctions.”

“Putin must pay a price, a high price, for his brutal aggression. We will make sure that we phase out Russian oil in an orderly fashion, in a way that allows us and our partners to secure alternative supply routes and minimises the impact on global markets.”

“In Moscow it may seem that nothing [bad] is happening. But if you are in the Kaluga region or near St. Petersburg, where there are car assembly plants, everyone there knows that in a couple of months they will be out of work.”

“We are at the point where we have to take some pain. The initial batches of sanctions were crafted as much to not hurt us in the West as much as they were to hurt Russia.”

“I appreciate the strengthening of the 5th EU sanctions package: bans on Russian coal, vessels accessing EU ports, and road transport operators. But it will take a gas/oil embargo and de-SWIFTing of all Russian banks to stop Putin. Difficult times require difficult decisions.”

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