West figures out sanctions, says Bill Browder | World News | Sky News"/>
According to Sky News, the West has sought to put the screws on Russia's economy with unprecedented sanctions throughout the almost year-long battle in Ukraine. Bill Browder, a financier and author who was once Russia's largest foreign investor but is now a Kremlin critic, says sanctions were imposed too late.
In an interview with Sky News, he stated that sanctions may be "quite potent" as a deterrent, but that the West has used them as a punishment, which will not change Vladimir Putin's attitude about the invasion at this moment.
"If we had gone all guns blazing, say, six months before the invasion, he could have responded, 'Really, the West is serious,'" he continued.
"He's always been a severe criminal, and I've been screaming from the rooftops for 10 years.
"This man is far worse than you believe." "You should attempt everything you can to keep him at bay."
He said that Moscow has faced a variety of restrictions, including the freezing of central bank deposits, which has served to prevent the government from engaging in financial operations in the West and supporting its war effort.
Yet, as Mr. Browder put it, "the elephant in the room" is oil and gas.
"Every day, Russia sells oil and gas to the West and the East for anywhere between $500 million and $1 billion a day, and that money is used to pay to murder Ukrainians."
This conflict will continue until we figure out what to do with it.
After Russia's invasion of Ukraine on February 24, the West and the EU imposed a slew of sanctions on the country.
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