This is the third text in a series of articles on the problems of sanctions policy in Ukraine. I have already written that trust in the mechanism is rapidly

Facing sanctions and SWIFT disconnection, Russia turns to barter in foreign trade, reminiscent of the 1990s. Aided by an economy ministry guide, companies swap goods like wheat for Chinese cars, bypassing traditional financial routes.

"No sanctions will be able to force the Russian Federation to change the consistent position that our president has repeatedly spoken about," Kremlin spokesperson Dmitry Peskov told a Russian state media reporter.

Britain launched a new package of Russia-related sanctions on Friday, targeting ships carrying Russian oil, as well as companies and individuals supplying electronics, chemicals and explosives used to make Russian weapons.

Conn., about his bipartisan bill proposing additional sanctions on Russia and new penalties for its trading partners, including China.

China is watching to see whether the U.S. can credibly enforce sanctions on Russia before it even thinks about how to respond to a Taiwan crisis. India is watching to see if its minor tariff penalty was symbolic or structural.