What the Next Round of Sanctions Against Russia Should Look Like
Moscow has successfully restructured its economy on an impressive war footing, but there are weaknesses under the hood.
New piece in @foreignpolicy.com from me and @msnegovaya.bsky.social outlining why sanctions on Russia matter and ways to tighten them. Russia's economic adaptation since 2022 has been impressive, but there are real issues that tougher sanctions could exploit foreignpolicy.com/2025/08/04/t...
04.08.2025 15:01 — 👍 3 🔁 3 💬 0 📌 0
What the Next Round of Sanctions Against Russia Should Look Like
Moscow has successfully restructured its economy on an impressive war footing, but there are weaknesses under the hood.
🚨 NEW: @nicholasfenton.bsky.social & @msnegovaya.bsky.social argue in @foreignpolicy.com that economic statecraft alone is not enough to slow Russia's war effort––weapons & intelligence support for Ukraine remains key to forcing Moscow to negotiate in good faith ⬇️
foreignpolicy.com/2025/08/04/t...
04.08.2025 14:38 — 👍 1 🔁 2 💬 0 📌 0
✍️ Then and now, a containment strategy seeks to check Moscow’s power & avoid a direct conflict. Today, replicating Kennan’s approach in Europe is not enough—new times call for new thinking.
📌 @maxbergmann.bsky.social @msnegovaya.bsky.social @hannanotte.bsky.social Michael Kimmage + Jeffrey Mankoff
29.07.2025 16:13 — 👍 8 🔁 4 💬 0 📌 0
A Long-Term Russia Strategy for Europe
No matter the outcome in Ukraine, Russia will remain a strategic threat to Europe and European interests. A European containment strategy reworked for the particularities of the present can help Europ...
With Russia set to challenge the West for years to come, what’s the best long-term strategy? Our new @erep.csis.org report explores the need for a renewed approach—potentially a modern take on Cold War-era containment. Please read, comment and share!
🔗 www.csis.org/analysis/lon...
31.07.2025 21:19 — 👍 17 🔁 8 💬 1 📌 0
How US sanctions on Russian oil could send prices soaring for Americans
Speaking to Newsweek, experts outlined the impact of potential sanctions on Russian oil.
My thoughts in @newsweek.com about the potential risks/challenges from U.S. "secondary tariffs" on purchasers of Russian hydrocarbon exports. To increase pressure on Russia, policymakers should target the financial/shipment firms that enable Russian sales www.newsweek.com/us-sanctions...
25.07.2025 16:47 — 👍 0 🔁 0 💬 0 📌 0
YouTube video by DW на русском
Жесткие санкции и милитаризация: как экономика России справляется на третий год войны?
Got the chance to talk about the Russian economy, banking system, and sanctions with @news.dw.com alongside my fantastic colleague, Tina Dolbaia www.youtube.com/watch?v=1qca...
23.07.2025 22:54 — 👍 0 🔁 0 💬 0 📌 0
Recently had the chance to speak with @thedispatchmedia.bsky.social about the current state of the Russian economy, the potential for new sanctions on Russia, and how Moscow looks at this current phase of the war in Ukraine thedispatch.com/newsletter/m...
15.07.2025 22:03 — 👍 2 🔁 0 💬 0 📌 0
💰 Russia's Wartime Economy: @marie-doha.bsky.social broke down key findings from our comprehensive analysis on the economics of Russia's war machine.
✍️ Takeaways + more below:
www.linkedin.com/feed/update/...
@msnegovaya.bsky.social @nicholasfenton.bsky.social @maxbergmann.bsky.social
14.07.2025 15:29 — 👍 2 🔁 2 💬 0 📌 0
Hanna Notte on What the Israel-Iran War Means for Russia | Russian Roulette | CSIS Podcasts
Hanna Notte returns to the show for a conversation with Max and Maria about what the most recent round of hostilities between Israel and Iran, plus the U.S. strikes on Iranian nuclear facilities, mean...
In this week’s episode of Russian Roulette, @maxbergmann.bsky.social and I speak with the always insightful @hannanotte.bsky.social about how the recent war between Iran and Israel, along with U.S. strikes on Iran’s nuclear program, are shaping Russia’s strategy in the Middle East. Tune in today!
27.06.2025 21:57 — 👍 10 🔁 4 💬 1 📌 0
Активы ФНБ могут закончиться. Стратегия Трампа по Украине и Ирану. Мария Снеговая*: Особое мнение
YouTube video by Живой Гвоздь
Finally, @msnegovaya.bsky.social spoke with Живой Гвоздь about our analysis and how we understand the ways the Russian economy has adapted to both war and sanctions (RU) www.youtube.com/live/Ceufwhy...
26.06.2025 00:03 — 👍 2 🔁 1 💬 1 📌 0
YouTube video by Ходорковский LIVE
Мария СНЕГОВАЯ: Война в Иране Путину на руку. Как выстояла экономика России. Новые санкции
Additionally, @msnegovaya.bsky.social shared our findings with the team at Ходорковский LIVE (RU) www.youtube.com/watch?v=is20...
26.06.2025 00:03 — 👍 0 🔁 1 💬 1 📌 0
YouTube video by Center for Strategic & International Studies
The Russian Wartime Economy
Our team has been thrilled with the reception of our recent report, "The Russian Wartime Economy: From Sugar High to Hangover." Check out a discussion on our work w/ @maxbergmann.bsky.social, @msnegovaya.bsky.social, @eribakova.bsky.social, and Vladislav Inozemtsev www.youtube.com/watch?v=rk_7...
26.06.2025 00:03 — 👍 6 🔁 3 💬 1 📌 0
The Russian Wartime Economy | CSIS Events
Join the CSIS Europe, Russia, and Eurasia Program for a panel discussion on the current state of the Russian wartime economy.
HAPPENING NOW: CSIS experts @maxbergmann.bsky.social and @msnegovaya.bsky.social with Elina Ribakova and Vladislav Inozemtsev discuss The Russian Wartime Economy: From Sugar High to Hangover.
Tune in here🔽:
www.csis.org/events/russi...
17.06.2025 15:31 — 👍 7 🔁 4 💬 0 📌 0
The Russian Wartime Economy | CSIS Events
Join the CSIS Europe, Russia, and Eurasia Program for a panel discussion on the current state of the Russian wartime economy.
LIVE NOW: @erep.csis.org unpacks their latest report on Russia's wartime economy, covering structural changes to the economy since 2022, chokepoints threatening its sustainability, and possible scenarios for the Western sanctions regime.
Watch here: www.csis.org/events/russi...
17.06.2025 15:00 — 👍 4 🔁 2 💬 1 📌 0
Sanctions on Russia are working
It’s the right time to tighten the screws further
Additionally, we're thrilled to have @martinsandbu.ft.com give his take on our work in the pages of the @financialtimes.com on.ft.com/3FCUVf5
13.06.2025 21:14 — 👍 3 🔁 1 💬 1 📌 0
Overall, we conclude that while Russia's economy faces significant challenges, it does not show any signs of imminent collapse. The current level of economic pressure alone will likely not be enough to get Putin to negotiate with Ukraine in good faith. Western policymakers must plan accordingly.
13.06.2025 21:14 — 👍 0 🔁 0 💬 1 📌 0
If new sanctions effectively cut into Russian export revenues, they could create real problems for Russia, at least initially. In this moment of acute pressure, combined with further military support for Ukraine, Western diplomats would stand a better chance of forcing Russia to accept a ceasefire.
13.06.2025 21:14 — 👍 0 🔁 0 💬 1 📌 0
If there is partial sanctions relief, Russia will gain more financial breathing room, but its overall economic position will not change dramatically. Western businesses are unlikely to rush back to the Russian market, and the remaining sanctions will continue to be a drag on the economy.
13.06.2025 21:14 — 👍 0 🔁 0 💬 1 📌 0
With sanctions remaining as they are, Russia will likely be able to maintain funding for its war in Ukraine at the current level of intensity, and reconstitute its forces for continued confrontation with NATO.
13.06.2025 21:14 — 👍 0 🔁 0 💬 1 📌 0
The final part of the paper outlines 3 scenarios for the future trajectory of the Russian economy over the near-to-medium term, dependent on Western sanctions policy: status quo sanctions, partial sanctions relief, and the tightening of sanctions.
13.06.2025 21:14 — 👍 0 🔁 0 💬 1 📌 0
We also discuss the main chokepoints in the Russian economy today: an acute labor shortage, inflation, an overreliance on trade with China, a current account that remains vulnerable to a balance-of-payments crisis, a growing credit bubble, and the beginnings of a clear growth slowdown.
13.06.2025 21:14 — 👍 0 🔁 0 💬 1 📌 0
We cover the Kremlin's high defense spending to stimulate growth as part of a program of military Keynesianism. Thanks to Russia's continued export revenues (most importantly from oil), the Kremlin is able to pour money into its defense industry and recruitment efforts.
13.06.2025 21:14 — 👍 1 🔁 0 💬 1 📌 0
The Russian Wartime Economy: From Sugar High to Hangover
Russia is muddling through the sanctions, with its economy impacted but not ruined and its defense industry able to maintain the current levels of attrition. Moscow hence sees no need to end the war, ...
Check out the new report from me, @msnegovaya.bsky.social, Tina Dolbaia, and @maxbergmann.bsky.social on the Russian wartime economy, out now from @erep.csis.org at @csis.org. We do a deep dive on the Russian economy, and outline 3 scenarios for where it could be headed www.csis.org/analysis/rus...
13.06.2025 21:14 — 👍 8 🔁 7 💬 1 📌 1
Staff writer for Time Magazine in New York, by way of Kyiv, Moscow and Berlin, and author of "The Showman," a wartime biography of Volodymyr Zelensky: bit.ly/TheShowmanBook
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