What If I Posted An Old Entry To The Front Page. Haha, Just Kidding... Unless?
After Russia invaded Ukraine Wednesday night, the United States and its NATO allies decided to impose trade sanctions on Russia, denying various goods and services to Russia or putting them under heavy penalties to economically cripple the country and deny Putin and his cronies certain products.
As punishment for Russia invading Ukraine, the strictest trade sanctions ever were handed down to the country today. However, once the sanctions were posted online for people to see, and more scrutiny and discussions started surrounding them, people noticed some rather curious things exempt from the list.
According to reports and the official text of the economic sanctions, certain luxury and high-class goods from NATO countries were strangely excluded from the list, allowing things like Ferraris and Gucci bags to be exempt.
Italian prime minister Mario Draghi successfully secured a carve out for Italian luxury goods from the EU's package of economic sanctions against Nato, EU dip tells me. 'Apparently selling Gucci loafers to oligarchs is more of a priority than hitting back at Putin,' source adds.
— Joe Barnes (@Barnes_Joe) February 25, 2022
Reactions from people online were, unsurprisingly, heated as they tried to wrap their heads around why these specific goods would be allowed, expressing their anger on social media platforms like Twitter throughout the day.
Putin was absolutely right. They can’t even sanction diamonds and Gucci bags. NATO and the European experiment is a mirage
Putin is fucking around and Ukrainians are finding out it’s all cold paper and hot air.— Aaron A. Glenn (@networkservice) February 25, 2022
The US can't boot them off SWIFT
Germany hasn't stopped buying Oil,
Italy keeps selling Ferrari's & Gucci's
Turkey hasn't blocked Bosphorus
Straits.
None of 27 NATO members are willing to step up.
But, has a nerve to lecture India.
Fucking Hypocrites.#UkraineRussia https://t.co/LH3j2azerH— Ram (@Ram_Krishna_P) February 25, 2022
Canada imports 1/2 billion dollars worth of oil a year from Russia. Sanctions are just for optics. We’ll keep buying their oil.
— Professor Bill Yinaire (@Critica96592064) February 24, 2022
One of the more humorous and possibly most convoluted reasons given for why Russian trade sanctions aren't as effective as some might've hoped has to do with an over 80-year-old resolution. Because of the 1936 Montreux Convention, Turkey won't stop Russia from accessing the main waterway, allowing an avenue for trade to continue flowing unabated.
BREAKING: Turkey's foreign minister says his country cannot stop Russia accessing Dardanelles and Bosphorus straits, due to a clause in the 1936 Montreux Convention.
— The Spectator Index (@spectatorindex) February 25, 2022
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