Since Russia invaded Ukraine, the West has quickly rallied against Putin with unprecedented economic sanctions. Among these are measures to ban new investments and the sanctioning of Alfa Bank and Sberbank, two Russian financial giants.
When sanctions were first imposed, the ruble weakened to an all-time low against the dollar, and scenes of Russians queuing up for ATMs demonstrated the impact of these weapons of modern warfare.
Originally published: Newsmax by Yuri Vanetik