Russia's War Against Ukraine
OP-ED
Anatole Kaletsky: Why the Russian sanctions don’t work
Why did the U.S. and European sanctions against Russia earlier this week trigger a rebound in the ruble and the Moscow stock market? To understand this paradox it is worth recalling Yes Minister, the British TV comedy about a blundering politician who stumbles from crisis to crisis with the same justification for every panic response: “Something must be done. This is something –– therefore it must be done.”