Sanctions squeeze Russia despite 2023 evasion attempts


Source: rte.ie rte.ie

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This week the Russian government airily dismissed the European Union's latest sanctions package as "neo-colonial…political blackmail". The Russian mission to the EU said: "The Russian economy is not 'torn to shreds', attempts to isolate us on the international stage, including the Brussels platform, have failed miserably, the goal of 'inflicting a strategic defeat' has not been achieved." The twelfth sanctions package imposes asset freezes on over 140 individuals and entities, mainly in the defence and IT sectors, but also those responsible for the forced "re-education" of Ukrainian children. There is an import ban on Russian diamonds and restrictions on non-industrial...