IPSEs IN THE LAST 24H
  • Theresa Fallon
    Theresa Fallon “Many people would like to see China play a constructive role, but I think now that we're in the third year of the war, this idea is wearing a bit thin.” 4 hours ago
  • Mahjoob Zweiri
    Mahjoob Zweiri “What we have witnessed in the past few hours is that they talk about an agreement on the first stage. It could be understood that Hamas wants to release itself from the pressure globally, including the United States. So, they are giving concessions on the first stage, which leads to 40 days of ceasefire and exchange of captives. I think 33 old and sick captives. And then moving on to other stages. But we are seeing that we are going back to the main conditions, which means we are still talking about the main principles [complete ceasefire and withdrawal of Israeli forces from Gaza] that Hamas talked about. As the time of some sort of agreement on the first stage came, the Israeli military and Prime Minister Benjamin Netanyahu came to say actually, there is no agreement: We will go to Rafah regardless of any agreement. It reflects the divisions within the Israelis and crisis within the Israeli politics. On the other hand, Hamas has been more cautious. They do not want to show real progress made but they also do not want to say things have not changed. I think it's obvious some change has happened otherwise we would not expect [CIA chief] William Burns to be in the region.” 4 hours ago
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#sanctions

Page with all the IPSEs stored in the archive with the tag #sanctions linked to them.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

“Western governments guided by short-sighted, inflated political ambitions and by Russophobia, deal a much harder blow to their own national interests, their own economies and the well-being of their own citizens. We see it above all by looking at the sharp rise of inflation in Europe which is close to 20% in some countries. It is obvious that... the continuation of the obsession with sanctions will inevitably lead to the most difficult consequences for the European Union, for its citizens. Russia is confidently managing in the face of external challenges.”

author
President of Russia
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“We agree with this sanction, but are saying that we need a transitory period until we adapt to the situation. What is being discussed today is the duration of the transitory period.”

author
Slovakia’s economy minister
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“The Brussels package of sanctions would ban oil shipments from Russia to Europe, with a rather short notice, in case of Hungary the end of next year. Hungary cannot support the measures in their current form. Hungary could only agree to these measures if crude oil imports from Russia via pipeline were exempted from the sanctions.”

author
Hungarian Foreign Minister
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“The sky-high fossil fuel prices and continued imports into Europe have provided the Kremlin with a major windfall and undermined the effect of economic sanctions.”

author
Lead analyst at the Centre for Research on Energy and Clean Air in Helsinki
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“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.”

author
Senior economist with the Bank of Montreal
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“EU's proposed sixth round of sanctions on Russia notably makes no reference to Russian gas. Why? Because in a sense it's a bit like it is the elephant in the European living room - it is too big to be ignored but also so big that to do away with it straight away might have a catastrophic effect on economies across this continent.”

author
Al Jazeera’s journalist
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“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.”

author
U.S. director at the Eurasia Group political risk consultancy
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“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.”

author
International economics director for the Council on Foreign Relations think tank in New York
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“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.”

author
Foreign Minister of Ukraine
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“It is absolutely clear that more and more transactions would be done through this system using national currencies, bypassing dollar, euro and other currencies. We will be ready to supply any goods which India wants to buy. I have no doubt that a way would be (found) to bypass the artificial impediments which illegal unilateral sanctions by the West create. This relates also to the area of military-technical cooperation.”

author
Russian Foreign Minister
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“The U.S. and Europe I do believe deserve a lot of credit for the solidarity and resolve they've shown on sanctions. The sanctions are clearly impacting Russia's economy dramatically. However, I think that we've stalled out a bit. There's a lot of room for escalation.”

author
Former Obama State Department official who played a central role in crafting sanctions after Russia’s 2014 invasion of Crimea
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“Frankly, there are not many options left for the President-elect, President Moon and even the U.S. but to turn to a hawkish stance. Since the North announced its intention to stick to its own nuclear development plan earlier this year, it did not hesitate in ending the moratorium, meaning the regime will likely pursue its goal of producing various nuclear weapons regardless of outside pressure. The only way that looks effective is joining other countries to impose stronger sanctions on North Korea, but this also relates to the North's relations with China.”

author
Professor of North Korean studies at Ewha Womans University
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“China is not a party to the crisis, still less wants to be affected by the sanctions. China rejects sanctions in principle and has the right to safeguard its legitimate rights and interests.”

author
State Councillor and China's foreign minister
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“We are communicating directly, privately to Beijing, that there will absolutely be consequences for large-scale sanctions, evasion efforts or support to Russia to backfill them. We will not allow that to go forward and allow there to be a lifeline to Russia from these economic sanctions from any country, anywhere in the world.”

author
US National Security Adviser
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“The Ukraine-Russia conflict will continue to dominate market sentiments and no signs of conflict resolution thus far may likely put a cap on risk sentiments into the new week. It should be clear by now that economic sanctions will not deter any aggression from the Russians, but will serve more as a punitive measure at the expense of implication on global economic growth. Elevated oil prices may pose a threat to firms' margins and consumer spending outlook.”

author
Market strategist at IG in Singapore
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“So far, economic pressure against Russia appears to be highly effective, crimping Russian trade even in goods that haven't officially been placed under sanctions. The financial restrictions that have already been imposed have made transactions with Russia - even the purchase of oil - difficult; fears of future sanctions, plus the general sense that any Western institutions perceived as helping the Putin regime will face harsh treatment from regulators, have led to widespread self-sanctioning, cutting off even trade that is formally permitted.”

author
Op-Ed columnist, Distinguished Professor at the City University of New York Graduate Center, 2008 Nobel Prize in Economic Sciences
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“Tariffs and retaliation and sanctions are the most effective when you can devise policies that have the maximum impact on the counter party whose attention you are seeking to get, and do the minimal damage to yourself. So far, sanctions have been structured to avoid harming Canadian business interests. If we are truly determined to stand with Ukraine, if the stakes in this fight are as high as I believe them to be, we have to be honest with ourselves, I have to be honest with Canadians, that there could be some collateral damage in Canada and that's something that the G7 finance ministers discussed very early this morning. I cannot announce those additional measures today. We are discussing them, we are working with our partners and allies. We have suggested many things, as have our allies. We believe that the most effective thing to do is to work together to announce measures together and we will continue to do that.”

author
Canada Finance Minister
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“EU sanctions would have a cost for Europe but we have to be ready to pay the price, or we will have to pay a much higher price in the future. The EU will provide intelligence to Ukraine about Russian troop movements and EU countries are determined to increase their military support to Kyiv.”

author
EU High Representative for Foreign Affairs and Security Policy
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