How effective have sanctions been against Russia?

The U.S. Justice Department is making sanctions evasion and export control a priority in the wake of Russia's invasion of Ukraine. Justine Walker, head of Global Sanctions and Risk at ACAMS, joins CBS News anchors Michelle Miller and Mola Lenghi to discuss the impact on businesses trying to comply with U.S. laws.

#News #Ukraine #RussiaUkraineCrisis

[slimfit]

I swear I thought us in the US were the one under sanctions.

[Михаил-чнц]

Russia prepared for sanctions for years

[orthodoxserb]

Well done, you managed to boost Putin's support to Russia to the record level ever at over 80%..well done, well done...as for sanctions - effective is probably ZERO, as the country is poor anyway and has nothing to lose so much plus alternatives are all over the world....they have food and energy, which is enough to survive on the other side, western community people should now prepare to live much less comfortable...

[jamaicasysbm]

German 🇩🇪 companies are buying gas In rubles so you lost

[luckyea]

The results of the sanctions: in the first quarter of 2022, US GDP fell by 1.4%.

[enriquelaroche]

Yes Russia will have too much food too much energy while the EU starves in the cold.

[joshgates]

Russia making 66BN a day 71% going to EU And U.S. accourding to trade markets in EU.

[сергеймакаров-ур]

Sanctions against Russia also have positive aspects in Russia, their production facilities are opening and new jobs are appearing in the west, sales markets are shrinking and jobs are being cut.

[ramonng]

Sanctions are hurting.America more than it hurts Russia....supply disruption, shortages, inflation, etc.

[TMM-N]

Only 10% effectiveness
Even Continental tyre start to reopen their factory

[met]

Sanctions affecting every country except Russia 🤣😅😂

[ramosx]

I'm decendent of japaneese and I remember the sanctions to Japan before the Pearl Harbor attack.

[anonymous]

New York (CNN Business) McDonald's exit from Russia is costing it a lot of money — and food.
The company announced last month that it would temporarily close its restaurants in Russia because of the country's invasion of Ukraine. It also closed restaurants in Ukraine. Those shutdowns cost McDonald's $127 million last quarter.

[sosukeaizen]

Russians are tough people they'll come out of this stronger.

[maximusambrosini]

🇬🇧Enjoy your meal.

More than 10, 000 pubs and restaurants may close in the UK due to rising prices.

According to the Daily Mail, the inflation in the restaurant business in the United Kingdom ranges from 13% to 17%

Already, about 20 thousand enterprises are operating below the break-even point due to inflation, rising energy prices and rent increases.

We need more sanctions.

[ddn]

What is wrong with the first sanction to Russia...by 3/1/2022 1 dollar ~ 100 rubles... today 5/10/2022 1 dollar = 69.8 rubble. Rubble has more buy power

[alexp]

Lol "We are not seeing that"

[awen]

I don't know about Russia and I don't really care. What I do know is that the sanctions are most certainly working on my family. A working family with a family business receives a devastating blow and I can remember the recession of the 70's. Our car is parked. Our business has been reduced by 40%. Yeah, it's great according to all those who work directly or indirectly for the .gov.

[felixkommey]

what at all is wrong with this Americans? everybody is seeing the currency equivalents and it tells it all Russia is benefitting big time

[evilgenius]

Yes I think there working and the loose grows tighter.Think about 6 months from now a year two