How the West is helping Russia to fund its war on Ukraine

Sections

Section 1: Overview

The West's economic sanctions against Russia have had significant impact on its economy, however they have not been enough to sway Russia from its course of action. Despite this, the West continues to enforce sanctions in the hopes of influencing Russia's decision making.

Section 2: Impact on Trade

The sanctions have disrupted trade between Russia and the West, particularly in the energy sector. This has had a significant impact on Russia's revenue, and has also led to increased oil prices globally.

Section 3: Alternative Funds

As Russia's traditional sources of funding have been restricted due to sanctions, it has been amassing gold reserves and seeking out partners in the cryptocurrency space.

Conclusion

Despite the West's efforts to pressure Russia through economic sanctions, Russia has been able to navigate the sanctions and continue its invasion of Ukraine. The ongoing conflict underscores the complexities of influencing foreign policy through economic measures.