Crunch time for Europe’s economic sanctions ...Qatar

In 2003, the conservative US pundit Robert Kagan famously wrote that Europe “is turning away from power; it is moving beyond power in a self-contained world of laws and rules.” After Russia invaded Ukraine in late February, the European Union decided that it was time to prove Kagan wrong. The EU has mobilised economic power, at least, against Russia’s military aggression, and deployed an array of monetary, financial, trade, and investment sanctions. Europe’s swift and muscular reaction has rightly been hailed. The shock effect of freezing much of Russia’s foreign-exchange reserves was spectacular. But as the war continues, will the sanctions remain effective? And if their impact weakens, as

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Crunch time for Europe’s economic sanctions ...Qatar

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