The February 26 EU sanctions on Russia:
"First, we commit to ensuring that selected Russian banks are removed from the SWIFT messaging system. This will ensure that these banks are disconnected from the international financial system..."
ec.europa.eu/commission/pre…
"Second, we commit to imposing restrictive measures that will prevent the Russian Central Bank from deploying its international reserves in ways that undermine the impact of our sanctions."
"Third, we commit to acting against the people and entities who facilitate the war in Ukraine and the harmful activities of the Russian government. Specifically, we commit to taking measures to limit the sale of citizenship—so called golden passports..."
"Fourth, we commit to launching this coming week a transatlantic task force that will ensure the effective implementation of our financial sanctions by identifying and freezing the assets of sanctioned individuals and companies that exist within our jurisdictions."
"We stand with the Ukrainian people in this dark hour. Even beyond the measures we are announcing
today, we are prepared to take further measures to hold Russia to account for its attack on Ukraine."

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More from @anders_aslund

Mar 1
A few thoughts about Putin's failure in Ukraine.
1. He knows nothing about Ukraine but believes his own lies. The Russian Embassy in Kyiv has nobody who actually reads Ukrainian sources. Moscow has nobody who does.
2. Sergei Shoigu has destroyed Serdyukov's military reforms.
3. Putin's KGB friend from Dresden, Sergei Chemezov, has destroyed the Russian military complex so Russian military equipment should be sold as scrap iron.
4. Gen. Valeriy Gerasimov's military genius is only propaganda. He is a substandard obedient mind.
5. Putin thought that the West would never become serious about sanctions, because the West (Berlusconi, Schröder, Chirac, Trump & the UK) is so corrupt & well paid by the Kremlin, but something changed (democracy).
6. Ukraine stood up but Putin did not know it existed.
Read 4 tweets
Feb 28
The EU published its latest round of sanctions on 26 Russians for "undermining or threatening the territorial integrity, sovereignty and independence of Ukraine." 3 state CEOs, 6 oligarchs, 8 propagandists, 3 ministers, 4 military, 2 friends & Sogaz.
eur-lex.europa.eu/legal-content/…
As last week, we see that the EU has got ahead of the US in being much tougher on Russia in its sanctions. It seems as if the EU has gained muscle after the UK departed because the UK sanctions last week were laughable. Now the US had better keep up.
6 real oligarchs were sanctioned. Finally, Alisher Usmanov, the great Putin fronter was sanctioned. The US has to follow. Putin's friend Gennady Timchenko was hit, although he is a Finnish citizen (Great, Finland!).
Read 11 tweets
Feb 27
Unsurprisingly, the Russian invasion of Ukraine seems to be a spectacular failure in so many ways:
The idea of a Blitzkrieg failed. None of the planned tasks was accomplished as planned.
Not one single key city has been taken and held.
The Russian losses have been enormous.
The Russians failed to take out the Ukrainian air force and air defense. Many planes were apparently in the air.
The key airborne attack on Kyiv failed as the Russians failed to take either of the selected airports & the Ukrainians shot down to big IL-76, each w 125 paratroopers.
The attack from three directions on Kyiv is going nowhere. Massive Russian losses on the eastern bank. The attack from the north has been stopped far away (30 km?). The attack from the south is going nowhere.
Read 6 tweets
Feb 27
A sloppy saying is that Europe has returned to the Cold War. But Putin pursues a hot war in Europe. The most obvious parallel to Putin's assault on Ukraine is Adolf Hitler's attack on Poland on September 1, 1939, another unjustified and unprovoked war of conquest.
Similarly, Putin is more reminiscent of Hitler than Brezhnev. Remember that Brezhnev signed the Helsinki Final Act with its Third Basket of human rights. Putin has people murdered at home and abroad even with prohibited nerve agents.
The aim of Western policy should be to prosecute Putin in the International Criminal Court in The Hague. To make such a claim credible, the US had better join the ICC.
Read 7 tweets
Feb 26
What the West should do now (fortunately much has already been done):
1. Do not communicate with Putin, Shoigu or Lavrov in any way. Excommunicate them!
2. Expel all Soviet embassies and their intelligence agencies & murderers in Western countries.
3. Do not give any visas to Russian state officials or their children, but open up to Russian civil society.
4. Kick out Russia from all kinds of international organizations when and where possible: Council of Europe, IOC, UEFA, FIFA, etc.
5. Pursue blocking Iranian-style financial sanctions against Russia and its state financial institutions.
6. Prohibit exports of relevant technology to Russia as long as Putin is in power (what Biden just did).
Read 5 tweets
Feb 26
Trying to catch up with Russia's war against Ukraine. A few observations (I welcome corrections):
Russia's attempt at a Blitzkrieg has failed. None of the big cities has fallen. Nor are they likely to fall.
Russia's initial bombing failed. Ukraine has some air force left.
Ukraine also has some air defense left, shooting down two IL-76 with Pskov parashooters (250?), other plans and many helicopters.
Ukraine has destroyed a large number (200?) tanks and armoured vehicles.
At least 1,000 Russian soldiers have been killed.
Most pathetically, Russian soldiers have abandoned armoured vehicles after they have sold their diesel for personal gain.
Most disgustingly, Russia has bombed large apartment houses entirely for civilians.
Read 4 tweets

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