Opinion by Daria Kaleniuk: “Ukraine urgently needs protection from Russian bombs. The country’s air defense forces are doing a heroic job of countering Russia’s missile strikes, but they are overmatched.”
are having an impact. The value of the ruble has plummeted, Russians are frantically rushing to take money out of banks, and global markets for Russian goods are drying up. International businesses are cutting their investments in Russia or pulling out of the country.
But these measures, too, fall short of what’s needed at this urgent hour — they don’t stop bombs, and they don’t target all of Putin’s assets in the West. Expand the list of oligarchs targeted, and include their wives, parents, sons, daughters, sisters and brothers, who are frequently nominal owners of luxurious assets. Seize their assets immediately. Revoke their European Union, NATO member states’ and Swiss passports, and send them back to Russia.
Impose a full embargo on Russian gas and oil — including the Europeans. Expand the SWIFT sanctions to block the entire Russian banking system. Imposeon Russian transactions through Visa and Mastercard. Delist all Russian securities from global stock exchanges. And have the Financial Action Task Force, the global money-laundering and terrorist-financing watchdog group, blacklist Russia and its partner in these atrocities, Belarus.
All of that is necessary. But what we need most of all is for the West to shelter the airspace above Ukraine. If NATO is not ready to enforce the no-fly zone over Ukraine now, then at least the allies have to provide all the necessary air and missile defense systems the Ukrainian army would need to protect our sky.
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