
Britain’s Russia sanctions are underwhelming
The sanctions that Boris Johnson has just announced in response to Russia’s breach of international law are fairly underwhelming. Five banks are being hit, three rich individuals and those members of the Duma who voted to unilaterally recognise the breakaway republics. They will not make Moscow take notice in the way that the decision end certification of Nord Stream 2 has. Johnson’s defence of the limited nature of these sanctions is that they are the ‘first tranche’ and the UK needs to hold things back to try and deter Russia from further action. But given that the UK, rightly, considers what Russia is up to an invasion of Ukraine, these
