How sanctions against Russia reshape the world
06/03/22 • 27 min
Earlier this week, the European Union passed a landmark agreement banning most Russian oil imports into the region by the end of the year, though the embargo features a temporary exemption for imports delivered by pipeline in order to overcome opposition from landlocked Hungary. In late May, the U.S. Treasury declined to extend a license that allowed Russia to make payment on its sovereign debt to U.S. holders, possibly accelerating the prospect of Russia defaulting on its government debt.
To discuss these major developments and more happening in the sanctions campaign against Russia in response to its invasion of Ukraine, The Naked Pravda welcomed back Dr. Maria Shagina, a political risk analyst and sanctions expert who works as a Diamond-Brown Research Fellow for Economic Sanctions, Standards, and Strategy at the International Institute for Strategic Studies.
Timestamps for this episode:
- (1:48) What’s the significance of Russia’s current account surplus?
- (6:15) Has Western unity on economic sanctions against Russia peaked, or is the EU and U.S. capable of more?
- (7:52) What determines the divisions inside the European Union when it comes to confronting Russian aggression?
- (11:11) What are the main drivers of a potential global food crisis?
- (12:28) Does the West risk alienating large parts of the world by forcing higher energy costs on the Global South?
- (19:05) How have the sanctions against Russia affected the push for greener energy sources?
- (23:25) Have economic realities now put Russia definitively on an eastward trajectory? How fundamental is this to the country’s future development?
Как поддержать нашу редакцию — даже если вы в России и вам очень страшно
Earlier this week, the European Union passed a landmark agreement banning most Russian oil imports into the region by the end of the year, though the embargo features a temporary exemption for imports delivered by pipeline in order to overcome opposition from landlocked Hungary. In late May, the U.S. Treasury declined to extend a license that allowed Russia to make payment on its sovereign debt to U.S. holders, possibly accelerating the prospect of Russia defaulting on its government debt.
To discuss these major developments and more happening in the sanctions campaign against Russia in response to its invasion of Ukraine, The Naked Pravda welcomed back Dr. Maria Shagina, a political risk analyst and sanctions expert who works as a Diamond-Brown Research Fellow for Economic Sanctions, Standards, and Strategy at the International Institute for Strategic Studies.
Timestamps for this episode:
- (1:48) What’s the significance of Russia’s current account surplus?
- (6:15) Has Western unity on economic sanctions against Russia peaked, or is the EU and U.S. capable of more?
- (7:52) What determines the divisions inside the European Union when it comes to confronting Russian aggression?
- (11:11) What are the main drivers of a potential global food crisis?
- (12:28) Does the West risk alienating large parts of the world by forcing higher energy costs on the Global South?
- (19:05) How have the sanctions against Russia affected the push for greener energy sources?
- (23:25) Have economic realities now put Russia definitively on an eastward trajectory? How fundamental is this to the country’s future development?
Как поддержать нашу редакцию — даже если вы в России и вам очень страшно
Previous Episode
Genocide in Ukraine
Through speeches by political leaders and in television broadcasts that have blanketed the country (as well as new territories recently seized by force), the Kremlin has argued breathlessly that Ukrainian statehood is a historical accident weaponized by Russia’s enemies. This rhetoric, which essentially denies the existence of an independent Ukranian identity, has reached not only millions of civilians but also the Russian troops now in Ukraine, where journalists, the local authorities, and international observers have been documenting and cataloging these soldiers’ acts of violence against noncombatants.
As the world learns more about the atrocities committed against the Ukrainian people, Ukrainian law enforcement and officials throughout the West have begun the process of investigating, designating, and prosecuting these acts.
For a better understanding of this work and its challenges, The Naked Pravda spoke to four experts about war atrocities in the context of Russia’s invasion of Ukraine, focusing particularly on genocide as it’s understood both legally and in terms of history and politics. The scholars who joined this discussion:
- Erin Farrell Rosenberg, an adjunct professor at the University of Cincinnati’s College of Law, and an attorney specializing in international criminal law and reparations
- Eugene Finkel, an associate professor of international affairs at Johns Hopkins University, and the author of “Ordinary Jews: Choice and Survival during the Holocaust”
- Dirk Moses, a professor of Global Human Rights History at the University of North Carolina at Chapel Hill, the author of “The Problems of Genocide: Permanent Security and the Language of Transgression,” and the senior editor of the “Journal of Genocide Research”
- Maria Varaki, a lecturer in international law at the War Studies Department at King’s College London, and the co-director of the War Crimes Research Group
Timestamps for the main sections of this episode:
- (4:15) The legal terms used to designate mass violence and crimes in warfare, and genocide’s special legacy
- (36:11) How war crimes and genocide are prosecuted, establishing genocidal intent, and upholding justice
- (1:04:21) The politics of genocide allegations, and the consequences of taking them seriously
Как поддержать нашу редакцию — даже если вы в России и вам очень страшно
Next Episode
Russian film and television before and since the invasion of Ukraine
After Russia launched a full-scale invasion of Ukraine in February 2022, five Hollywood giants — Disney, Warner Bros, Universal, Sony Pictures, and Paramount — all stopped releasing new films in Russia. Netflix, which was producing multiple shows in Russia for the domestic market, has also suspended all service there. Amazon Prime has halted streaming in Russia, too. All this comes just as the entertainment industry was hoping to rebound from two years of pandemic shutdowns and concerns. Russian movie theaters are now on the verge of collapse, and the country’s streaming services — seemingly poised for a major expansion before the war — are scrambling to keep subscribers by restocking their catalogues and hoping for success with original programming.
To find out where Russians will find their future entertainment, Meduza turned to three experts in the nation’s television and film industries.
Timestamps for this episode:
- (2:48) AR Content Creative Executive Ivan Philippov breaks down what trends in Russian entertainment
- (9:01) Kinopoisk podcast host and former editor-in-chief Lisa Surganova explains the current state of Russia’s streaming services
- (16:00) Filmmaker and film and television researcher Egor Isaev weighs the loss of coproduction deals with Hollywood studios and U.S. streaming services
- (23:02) Surganova explains how TV and cinema funding work in Russia
- (29:14) Philippov looks at the struggling movie business from the Kremlin’s perspective
Как поддержать нашу редакцию — даже если вы в России и вам очень страшно
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