Sanctions on Russia: A crippling economy for years to come | DW News

Russia’s invasion of Ukraine has triggered a huge outcry across the world. Many countries have introduced punitive sanctions against Russia in an effort to put a stop to the war.
German Chancellor Olaf Scholz made it clear that more sanctions could follow.

The EU, US, UK and Canada quickly introduced sanctions against Russia:
– Exclusion from Swift payment system
– Restriction on Russian banks
– Asset freezes, travel bans
– Access to high-tech products, such as computer chips, blocked

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