Monday, March 6, 2023

Sanctions..

 

The Biden administration is targeting the latest munitions in Russia’s war in Ukraine: coffee makers, toasters, air conditioner units, hair dryers and microwaves.
Those common household items contain microchips and other components that Russia has used to repair and replace military equipment, U.S. officials say.
The administration rolled out a slate of new rules seeking to cut off Moscow’s access to even low-level microchips found in basic electronics. 
In the start of the war, the U.S. rallied a group of 36 countries to coordinate so-called export controls that prevented Moscow from procuring advanced microchips and software that could feed its war machine. 
The sanctions enacted by the west on Russia has backed fired on poor countries, and the west and created unnecessary inflation due to energy restriction.  
Just a thought.

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