“These are Putin’s sanctions”: Understanding the economic sanctions against Russia
The world has responded to Russia’s invasion of Ukraine with crippling sanctions that are damaging the Russian economy. Sharyn Alfonsi reports.
“60 Minutes” is the most successful television broadcast in history. Offering hard-hitting investigative reports, interviews, feature segments and profiles of people in the news, the broadcast began in 1968 and is still a hit, over 50 seasons later, regularly making Nielsen’s Top 10.
Subscribe to the “60 Minutes” YouTube channel: http://bit.ly/1S7CLRu
Watch full episodes: http://cbsn.ws/1Qkjo1F
Get more “60 Minutes” from “60 Minutes: Overtime”: http://cbsn.ws/1KG3sdr
Follow “60 Minutes” on Instagram: http://bit.ly/23Xv8Ry
Like “60 Minutes” on Facebook: http://on.fb.me/1Xb1Dao
Follow “60 Minutes” on Twitter: http://bit.ly/1KxUsqX
Subscribe to our newsletter: http://cbsn.ws/1RqHw7T
Download the CBS News app: http://cbsn.ws/1Xb1WC8
Try Paramount+ free: https://bit.ly/2OiW1kZ
For video licensing inquiries, contact: licensing@veritone.com
It’s sad to see an entire nation suffer for the decisions of a select few. But such is history. The sanctions were bold and necessary. I salute the president and other nations that assisted in this. Now, we must remember that things like oil prices and inflation preceded these sanctions, so the proper sanctions should not improperly be used as a cover story for inflation, too.
“Our goal is to make sure that Putin’s actions are remembered as a strategic failure. THAT is within our control. Full stop.”
Magnificent.
Ķkĺl
go ahead Putin !
@Luke Breezy true, but blame EU and US for cutting Russia from swift
@Kolyma thank Putin for this crap
@bonvUAge more to USA peoples failure because they choose the wrong president and other country must suffer from their failure and rasisme.
These are not sanctions. It is just a special financial operation.
😂😂😂😂😂 you refer him this is not the war this is special operation 👍🏿
europe imposes sanctions against itself ))))0
Niiice
@Jeffrey Korus Yes, media responsible for forcing Putin to send Russian boys on a “special training operation”. And those Ukrainian apartment buildings are terrorizing Russia. Russia mush crush apartment buildings.
This is not a original thought. It is someones comment I saw and repeat.
After nearly seven thousand years of human history the dude just redefined the word “power” in five seconds.
@ger troyne “Theoretically” .. but tell us what manufacturing do you have at this point? You’re going to be threatening China before you even have that chipmanufacturing up&going ? US would loose the ability to even build new computers if China deems so.
How many years of advancement would be lost if that happends next week?
Then we are not even talking about all other industrial manufacturing.
20% interest rate in Russia, up from 9%. Yeah, power. Yay.
Seven thousand years? You must be still using the internet.
In a way yes but 7000 nukes is still a power not to be messed with. Putin is a rat. Once cornered with no way out he’s capable of anything imo. Very scary.
@Adi Grgic The US economy is actually large enough to be self sustaining though not at current living standards.
@MaxSt. Arlyn what is the real news?
only 7k holy you are stupid, as expected from low intelligcen phone scrollers who post in comments LOL read a book
Repent to Jesus Christ
“Gracious words are a honeycomb, sweet to the soul and healing to the bones.”
Proverbs 16:24 NIV
U
Absolute lies… FακεΝεως
This guy is legit. Love how he isn’t willing to disclose every piece of information
@ellie kwong WAAAAAHHHHHH RACISM RACISM! You idiots love to pull that card out to try to silence people. here’s your 50c comrade.
@ahuels67 the orange buffoon started this mess we’re in
@Cynthia DiMarco wouldn’t be in this mess with the big scarry orange man in the WH. but hey, at least you dont have to see any more mean tweets…
@StephenC, no, that would have been Putin’s buddy, the orange buffoon.
@ellie kwong agree. Study the so called BRIC countries alliance. Russia, china Brasil, south Africa, India Iran and so on. All want to ban the dollar. Don’t see why US government and Pentagon doesn’t pay attention of this world changing fact. No any smart American momentarily to see the danger?
“The commanding heights” is a quote from Lenin, if you are wondering why Mr Singh smiled at it.
Government officials: “we must be cautious with language, not calling it warfare” reporters “ECONOMIC WARFARE, ECONOMIC SHOCK AND AWE”
@Joshua Hensley Such as everywhere populations of countrys contain majority of idiots.America has a wonderfull universitys,and knowledge.Russian government decided otherwise to rulling by fears.I know that US,are imoerialists as well,but are some obvious differents,and that’s why US are not a terrorist country.We own in central Europe our Freedom to rhem,and all Europe own Freedom during 2WW,and economical grow.That’s power of Freedom
@ellie kwong Do You are sure,or you telling just fairytales?
So they will using euphemisms,just like RasPutin
repent of your sins and ask for forgiveness
“Dictators have to pay a price for their aggression.” Well spoken. Totally agree. May that price be ultimate for the dictator himself.
While the sanctions against Russia have not directly targeted their energy sector, the sanctions may still harm it. The oil industry relies on other industries that are directly targeted by the sanctions. Many of the most profitable oil fields are thousands of miles from major cities. They rely on the domestic air industry which operates a fleet of aircraft purchased from western countries. Those companies are unable to do business with Russia to provide replacement parts and service for those aircraft.
putin “stole” those planes, he’ll use part of them for spares to atleast keep inland flights going for as long a he can.
after that , it’ll be a mess..if he’s still in power in a few years , we might see russian built passenger planes,i think he will use the time he bought with those planes to build up the russian aviation industry.