The EU and the U.S. announced new sanctions against Russia this week, with Europe banning a laundry list of activities and exports—no more pulsed electron accelerators or live Marburg viruses allowed—that the U.S. matched by expanding its sanctions across several sectors of industry. Short of Russian President Vladimir Putin halting his support for Ukrainian separatists, how can we tell if these measures are actually working? The U.S. Treasury secretary, Jack Lew, offered a simple formula in a statement on Tuesday: “We have seen sanctions bring the Russian economy to a standstill through a large and broad-based deterioration of Russian …read more
Source: The Atlantic