Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Hegseth in a meeting with his Chinese counterpart: Washington will continue to defend its interests vigorously
US Defense Secretary Pete Hegseth: The United States is concerned about China's activities in the South China Sea
Occupied Palestine: Israeli occupation forces demolishe residential homes east of Khan Younis city in the southern Gaza Strip
Al Mayadeen correspondent: An Israeli drone attacked the main road in the town of Harouf, South Lebanon.
Lebanese President: Israeli aggression on Blida took place in aftermath of meeting of ceasefire monitoring committee.
Lebanese President Joseph Aoun asks Commander of Lebanese Army to confront any Israeli incursion into liberated Lebanese territory in the South.
Al Mayadeen's correspondent: Israeli aircraft launch series of strikes on area of Jarmaq, South Lebanon.
Reuters: Afghanistan and Pakistan agree to restart peace talks in Istanbul.
Al-Mayadeen's correspondent in southern Lebanon: Israeli occupation forces withdraw from the Blida municipality building two hours after occupying it, and the Lebanese army enters
Pakistani army: 6 soldiers and 7 militants killed in clash near the Afghan border

US sanctions crusade against Moscow has run its course: Deputy FM

  • By Al Mayadeen English
  • Source: Agencies
  • 26 Sep 2022 18:35
  • 1 Shares
3 Min Read

According to Russia's Deputy FM, the sanctions crusade has exhausted itself tangibly.

  • x
  • US House committee © AP Photo/J. Scott Applewhite
    US House Committee (AP)

Sergey Ryabkov, deputy foreign minister of Russia, said the US sanctions pressure against the country has both conceptually and practically run their course.

"Sanction pressure has run its course conceptually, and it has exhausted itself tangibly. There are many in the West who admit that the sanctions are not working," he said.

Russia "is hearing of another attempt at blackmail with new sanctions," according to Ryabkov.

"But there are more and more people in the West who believe, and rightly so, that these sanctions are more damaging to the business interests, and to the populations of the very countries that impose them," the senior diplomat stressed.

In an earlier report by CNN, sentiments of disappointment are growing amongst US officials regarding the lack of "significant effects" resulting from the sanctions imposed on Russia despite expanding them repeatedly.

Related News

US still probing China compliance with Phase One trade deal

US slashes refugee admissions, but prioritizes white South Africans

The report asserted that Washington had expected that the Russian economy would be in a worse state than where it currently stands given that the anti-Russia sanctions have expanded in both scope and intensity since the start of the war in Ukraine.

One senior US official cited in the report argued that “we were expecting that things like SWIFT and all the blocking sanctions on Russia’s banks would totally crater the Russian economy and that basically, by now going into September, we’d be dealing with an economically much more weakened Russia than the one that we are dealing with.”

Moreover, the official explained that the initial approach toward anti-Russia sanctions led by the US will be “a mid-to-long term sanctions regime,” adding that the reason "is because we wanted to keep pressure on Russia over the long term as it waged war on Ukraine, and we wanted to degrade Russia’s economic and industrial capabilities. So we’ve always seen this as a long-term game.”

Insufficient results emerging from anti-Russian sanctions: CNN

Regarding the assessment of the US sanctions strategy against Russia, the US senior official told CNN that "the disconnect between early expectations and reality appears to stem from the fact that many US and western officials underestimated the sky-high revenues Russia would initially reap from rising oil prices, and the willingness of countries like China and India to continue buying Russian oil."

The US official also significantly noted that the US ally,  Saudi Arabia, also bought Russian crude "for use in its power plants, freeing up its own oil to sell to other countries."

Former State Department Director of the Counterterrorism Finance and Designations Office, Jason Blazakis stated that “the United States underestimated it, and we were slow in actually starting to think about deploying sanctions against Russia's energy interests.” 

Blazakis added that "I think they [US] made that calculation that these sanctions would have heat and hurt the Russian economy very quickly, in ways they clearly misunderstood and overestimated.”

  • United States
  • Moscow
  • Russia

Most Read

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

Arab League chief exposes secret US deal shielding 'Israel’s' nukes

  • Politics
  • 27 Oct 2025
Hi-tech holocaust: Microsoft’s role in Gaza genocide

Microsoft's role in world’s first AI-driven genocide, in Gaza, exposed

  • Technology
  • 28 Oct 2025
What Marr evidently didn't seem to understand was that Hedges isn't saying that Western journalists manipulate the truth, but that they systematically amplify Israeli narratives they know are false. (Al Mayadeen English; Illustrated by Batoul Chamas)

Western journalists know they have a case to answer for their betrayal of Gaza, and it frightens them

  • Opinion
  • 24 Oct 2025
Sheikh Naim Qassem speaks during an interview with Al-Manar TV, October 26, 2025 (Screenshot)

Hezbollah ready to face 'Israel' in case of war: Sheikh Naim Qassem

  • Politics
  • 27 Oct 2025

Coverage

All
War on Gaza

Read Next

All
ap
Politics

Hamas calls on int’l community to act against Israeli settlement plan

In this Nov. 9, 2017, file photo, U.S. President Donald Trump, right, chats with Chinese President Xi Jinping during a welcome ceremony at the Great Hall of the People in Beijing. (AP)
Economy

Ex-US diplomat says Trump-Xi deal 'tactical retreat', not lasting deal

An unarmed Minuteman II intercontinental ballistic missile launches from Vandenberg Air Force Base, California, during a test in 2002. (US Air Force)
Politics

JD Vance defends Trump's nuclear test plan as 'crucial for security'

Ultra-Orthodox Jews attend the "million man" protest against military conscription, in occupied al-Quds, October 30, 2025 (AFP)
Politics

Haredi mass rally in al-Quds exposes Zionist regime's growing crisis

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS