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U.S. sanctions on Russia ‘mostly symbolic’ and will not trouble Moscow, economists say
CNBC ^ | April 16, 2021 | Elliot Smith

Posted on 04/16/2021 9:26:49 AM PDT by Marinario

President Biden's administration on Thursday announced a raft of new sanctions against Moscow over 2020 election interference and a huge cyberattack, among other transgressions.

"The latest round of U.S. sanctions was a mostly symbolic exercise," Agathe Demarais, global forecasting director at The Economist Intelligence Unit, told CNBC on Friday.

Vladimir Tikhomirov, chief economist at Moscow-based BCS Global Markets, told CNBC on Friday that some investors were relieved by the removal of uncertainty and fairly modest sanctions, which reduced the overall level of Russia-related investment risks.

(Excerpt) Read more at cnbc.com ...


TOPICS: News/Current Events
KEYWORDS: russia; sanctions

1 posted on 04/16/2021 9:26:49 AM PDT by Marinario
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To: Marinario

Biden is such a fool. Was his little “bad boy” punishment supposed to prove “strength”?


2 posted on 04/16/2021 9:29:59 AM PDT by Sacajaweau
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To: Marinario

Actions by DemocRATs against any leftist group/country are always symbolic.

After all, “Symbolism Over Substance” is second behind “Our Only Standard is a Double One” in their list of prime operating rules.


3 posted on 04/16/2021 9:31:58 AM PDT by Da Coyote
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To: Sacajaweau

Team Biden knew they could do something that does nothing and still be hailed as anti-Trump by our media.

They own the airwaves for the most part and they buy ink by the barrel. No matter what they do, the mediacrats will convince half the country that it was highly effective. That is all they need now.... our congress is going to bail out their voters and they are importing more to be strategically placed around the country to increase their power.


4 posted on 04/16/2021 9:37:03 AM PDT by volunbeer (Find the truth and accept it - anything else is delusional)
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To: Thunder90

You’re analysis proven correctly yet again.


5 posted on 04/16/2021 10:09:23 AM PDT by StoneWall Brigade
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To: Marinario

CNBC promoted this? Even they realize this man is toothless now


6 posted on 04/16/2021 10:30:29 AM PDT by Lod881019
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To: Marinario

The US is the laughing stock of the planet.


7 posted on 04/16/2021 11:15:56 AM PDT by bgill
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To: Sacajaweau

Hmmm. The hack started in 2019. Trump did WHAT again? Not a damn thing. Nothing. Nada. Zilch. Funny. You complain Biden did too little when Trump let them get away with it totally. Maybe we should ask ourselves WHY did nothing when we knew Russia had a state sponsored hack. Yeah. We all know.


8 posted on 04/16/2021 8:09:43 PM PDT by NELSON111 (Congress: The Ralph Wolf and Sam Sheepdog show. Theater for sheep. My politics determines my "hero")
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