The U.S. announces its largest round of sanctions against Russia since the war in Ukraine began, targeting financial institutions, individuals, and a massive shipping operation in response to the death of opposition leader Alexei Navalny. Some question the effectiveness of sanctions against Russia.
Key Points
Largest round of sanctions since war in Ukraine began
Target financial institutions, individuals, and a massive shipping operation
Response to death of opposition leader Alexei Navalny
Pros
Sending a strong message of condemnation
Punishing Russia for actions against opposition leader
Cons
Effectiveness of sanctions in changing Russian behavior is uncertain
May lead to further tensions between U.S. and Russia