Biden's threat of sanctions may lack the leverage he wants

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President Joe Biden seems to think his threat of “strong” economic sanctions will deter Russia’s Vladimir Putin from following through on what U.S. intelligence officials believe is a plan to invade Ukraine. Biden said as much during a two-hour virtual summit yesterday with his Russian counterpart, intended to warn Putin about the country’s military escalation in the region.

According to David Cortright, an expert on economic sanctions, Biden may not have as much political leverage over Russia as he’d like to portray. Cortright describes two key ingredients to making sanctions work – ones that may be missing here.

Also today:

Bryan Keogh

Senior Editor, Economy + Business

Biden and Putin held a virtual summit on Dec. 7, 2021, to talk about Ukraine. Mandel Ngan, Mikhail Metzel/Sputnik, AFP via Getty Images

Why Biden’s threat to slap Russia with more sanctions is unlikely to deter Putin in Ukraine

David Cortright, University of Notre Dame

The Biden administration has threatened severe sanctions if Russia were to invade Ukraine. An economic sanctions scholar explains why they probably won’t be effective.

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