How Sanctions Are Hitting Russia’s Banks, Currency and Economy

Due to Russia’s invasion of Ukraine, the country is facing increasingly severe sanctions imposed by the U.S., the E.U. and other allied countries. Here’s how the economic penalties are rippling through Russia’s economy, affecting everyone from President Vladimir Putin to everyday citizens.

0:00 Sanctions are hitting the Russian economy hard
0:20 A recap of sanctions on Russia since it invaded Ukraine
1:28 How sanctions have affected the Russian ruble
2:10 The Russian response of capital controls

I’m Shelby Holliday, a reporter for WSJ, and I’m digging deeper into news stories that are having a powerful and sometimes surprising impact on our lives and the communities in which we live. Join me as I report on the events and trends shaping our world by subscribing to the channel.

#Russia #Sanctions #ShelbyHolliday

[WSJPodcasts]

Do you think the U.S. and its allies should impose even tougher sanctions in response to Russia’s invasion of Ukraine?

[cameronpowell]

I was real skeptical that this wasn’t even 4 minutes long but you really were concise and direct with each point and didn’t add a lot of “fat” to the video. Ofc there’s plenty of rabbit holes and little details left uncovered but I think this was a good short informative video.

[mouferhecker]

Just goes to show that in war the people who lose the most are ordinary citizens who have no involvement with the war/never wanted it to happen

[laravid]

Amazing how you squeezed so much information in a short clip and kept it coherent and clear. Thank you, Shelby, and I hope you'll make an update on the effect of sanctions on Russia.

[vijay.devotional]

Yes. More needs to be done to stop the despot from wreaking havoc on innocent people.

[woodywoods]

Push the sanctions as hard as possible.

[basshunterdota]

I feel sorry for the innocent ordinary Russian citizens, they're now being hated globally .

[jeffjohnston]

Take sanctions to the max and don’t let up until Putin is gone

[faisalhameed]

good analysis. yes world should do its max to put the all out all kinds of sanctions

[Lena-vwye]

This is absolutely terrible. I hope they find a way to find peace and de-escalate the situation. At this point, it's one sending weapons, one refusing the go neutral, and one bombing. It's a cycle at this point.

[johngomez]

The way they pulled themselves out of these is nothing short of incredible. damn.

[AdavidPT]

please don't spread false information, they are not sanctions, they are a special financial and economic operation.
:)

[ramspace]

Question : what is the cost per day of Russia's special military operation?
Thank you.

[jackboyd]

Straight to the point and I like watching like this, keep it up.

[VonRose]

Yes I think Sanctions should be much more severe along with including Belarus .
I think Belarus would funnel money to russia.

[mikeferrell]

Absolutely they should go further, what other options are there when dealing with a narcissistic tyrant?

[abhishekdev]

Putin - Oh no...my currency.
Erdogan - First time..?

[Tony_Rojas]

Excellent reporting Shelby. Congrats. Just wanted to say that one or two mic interviews with the locals would have made your point clearer, more up close and personal. Other than that... very good work. And yes! The US is a very influential country... Not only it could nudge the squeeze a little more, but also get other countries to take a look at what is going on and the implications that a Totalitarian Regime can do whatever they please... This means China, North Korea, Venezuela, Syria, etc., need to be wake up and get the message... Their clock is ticking...

[edlee]

If 'Mother of All Sanctions' still doesn't deter Putin's aggression, I think it's time for the US to bring out the ultimate weapons, 'the Grandmother of All Sanction'.

[rodneypiper]

Why aren't sanctions used against China for occupying Tibet since the 1950's?