The United States and its allies around the world have condemned Russia’s invasion of Ukraine, and
have since announced increasingly tough sanctions, intended to completely
isolate Russia from the international community and inflict real economic costs.
Biden announced on the afternoon of
February 24 that the United States would impose sanctions on Russian financial
institutions, including cutting off
Russia’s largest banks from
the US financial system, and on Russian elites in President Vladimir Putin’s
inner circle. America will also implement export controls on
certain technologies. The United Kingdom and Europe added their own sanctions, imposing
the “massive” penalties the West had been warning
Putin about.
The
US and its allies have only amped up the pressure since then. On February 25,
the EU and US imposed sanctions on Putin
himself. On February 26, the US and European countries announced
an agreement to cut some (but not all) Russian banks off from SWIFT, the global
messaging system that enables most international transactions, which will make
it very, very difficult for Russia to make transactions beyond its borders.
(Japan also signed on to SWIFT
actions on February 27.) The US and its allies have said
they will target Russia’s
central bank, specifically its foreign reserves that Moscow
needs to help support its currency.
The
United States has said it will not involve troops in any Ukrainian conflict,
though more US military aid to Ukraine is on its way and the US has shored up
its presence on NATO’s eastern flank. On February 24, the Pentagon said it
would send 7,000 additional
troops to Germany, and Secretary of State Antony Blinken said on February 26 that he
was authorizing “up to $350 million” in additional military aid to Ukraine,
including “further lethal defensive assistance to help Ukraine address the
armored, airborne, and other threats it is now facing.”
Such aid, according to a February 26 tweet by State Department spokesperson Ned Price, will be provided “immediately” and include “anti-tank and air defense capabilities.”
Russia knows
that the US and its partners do not want to commit themselves militarily, and,
as Putin launched his invasion, he offered an ominous warning as
he touted Russia’s nuclear arsenal: “There should be no doubt that any potential aggressor will
face defeat and ominous consequences should it directly attack our country.” On
February 27, Putin escalated that threat by putting the country’s nuclear
deterrent on high alert.
NATO has vowed to
protect its members from any Russian aggression. On February 25, NATO announced
that it was activating part of its NATO Response Force —
a 40,000-troop unit modernized after the 2014 Crimea invasion — to protect
allies on NATO’s eastern flank. “We are now deploying the NATO Response Force
for the first time in a collective defense context. We speak about thousands of
troops. We speak about air and maritime capabilities,” NATO
Secretary-General Jens Stoltenberg said.
Yet
these are largely defensive measures, which means most of the punishment
against Russia will come in the form of economic sanctions. Still, the West is
starting to shift from an original hesitancy to impose the most severe costs on
Russia over fears of what it might mean for Europe, the US, and the rest of the
global economy — and what Russia might do to retaliate.
They’re
not all the way there, however. For example, even the SWIFT action is expected
to leave some carve-outs so Russia can still
export gas to Europe. The tougher the sanctions on Russia,
the harder it will hit the US and especially European economies, so leaders are
still trying to soften the impact. But the fallout from these punishments —
along with other measures, like the EU and United States barring Russia from their airspace — is
being felt in Russia, as the ruble crashes and analysts warn of a
deep recession.
Whether all this international pressure will force
Russia to rethink its course is unclear. The penalties the US and its allies
have imposed could throttle the Russian economy in the long term, but that also
comes with consequences for the Russian people, who had no say in the attack.
Many may also not be fully aware of the scale of the war in
Ukraine.
A
way out of this war is difficult to contemplate as bombs are falling on
Ukraine, but the US and its allies are going to have to do careful diplomacy to
isolate and put pressure on Russia in the long term. The US and its allies are also
likely going to have to decide how much they want, or can, support Ukraine as
it battles Russia.
“The
real question, I think, is going to come down to what extent the West can and
will try to support and supply a long-term insurgency against Russia,” said
Paul D’Anieri, an expert on Eastern European and post-Soviet politics at the
University of California Riverside. “And what level of success does Russia have
in fighting back against? Unfortunately, it seems like the best strategy for
peace right now is when enough Russians die, that the Russians decide it’s not
worth it anymore.”
Russia’s
invasion of Ukraine, explained - Vox
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