Author: Regin Winther Poulsen

After Russia launched a massive invasion of Ukraine, the West’s reaction was swift and decisive, with the European Union and the United States unanimously deciding to support Ukraine and punish Russia with economic sanctions. Two years later, the war continues while the Russian economy remains stable. “Sanctions are working. And there is hardly any alternative that will work more effectively. But they are not working at full capacity,” Agiya Zagrebelska, a department manager at the Ukrainian National Agency on Corruption Prevention, told Al Jazeera. While parts of Russian industry were immediately sanctioned, some important industries were not. Washington partially blocked…