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The West is too slow and greedy to hit Russia with severe financial sanctions

Slow down on Swift

AS Ukraine bravely sacrificed its life to stop Vladimir Putin’s terrible march into Kyiv, what is the West doing?

Continuing to haggle over a package of sanctions, while an improvement over the limping initial effort, still has many holes.

Allies in the West are under pressure to increase sanctions on Russia

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Allies in the West are under pressure to increase sanctions on Russia

For example, last night Boris Johnson repeated his demand that Russia get rid of Swift, the main financial payment system for international trade – but Germany confused at that step.

Meanwhile, the Italians eased sanctions to exclude luxury Italian-made designer handbags, and the Belgians (the heart of Europe’s diamond trade) have a similar vulnerability for diamonds. .

For its part, last night, the UK just decided to impose sanctions on Putin and his diplomatic henchman Sergei Lavrov. Why didn’t this happen on Day One?

Ukraine’s President Zelenskyy is desperate, begging the West – especially Europe – to go further and “act without delay”.

Putin, closely watched by his Chinese ally President Xi, has bet that Western resentment of his fervent will will, in the long run, be outweighed by economic self-interest.

🔵 Read ours Russia – Ukraine Live Blog for the latest updates

For all our sakes, we pray that he has fatally underestimated his enemies.

Tragically, the omens are not good.

Red card, Putin

FINAL. After days of careful consideration, UEFA has decided that Russia will lose the right to host this year’s Champions League final.

F1 also canceled the Russian Grand Prix and Man Utd admitted it no longer accepted to fill their coffers in cash from Russian state airline Aeroflot.

The Russian Grand Prix will no longer continue as the sport declines

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The Russian Grand Prix will no longer continue as the sport declinesCredit: AP

All these decisions were made in the face of public pressure – and only after Ukrainian bodies began to pile up on the streets of the country.

Better late than never. But our sports bodies need to know that, while it may be inconvenient for their bank balances, where they get their money is very important.

Putin, like other dictators before him, enjoys using sport as both a propaganda tool and something to discredit his evil regime.

Tyrants were allowed to pluck on the global stage when Russia hosted the 2014 Winter Olympics and 2018 World Cup.

Putin’s decision to award football’s premier event to the mafia regime was seen as a corrupt madness at the time – and even now looks like it.

Russia is not considered to host any international sporting or cultural events as long as this bloodthirsty villain remains in power.

He crossed the line too many times

https://www.the-sun.com/news/4774793/sun-says-west-too-slow/ The West is too slow and greedy to hit Russia with severe financial sanctions

DevanCole

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