The Russian Oil Sanctions Disaster

The highest inflation rate in 40 years led to the Federal Reserve increasing interest rates by 75 basis points last week, signaling a much higher chance of a recession in the US this year. With global stock markets tanking and consumers beginning to pull back spending, we ask, was the EU decision to sanction Russian energy imports a colossal mistake? Next we look at the Summit of the Americas held in Los Angeles earlier this month and the status of US strategy towards South America, including the implications of the current presidential election in the US’s closest regional ally, Colombia. Finally we wrap up with a discussion about the Ukrainian refugee crisis with my colleague from Johns Hopkins School of Advanced International Studies, Dr. Steven Schrage, and what more the US can do to help the situation.Topics Discussed in this EpisodeEU Oil Sanctions: A Critical Miscalculation - 00:00Summit of the Americas and the Colombian Election - 23:50Ukrainian Refugee Crisis: Interview with Dr. Steven Schrage - 49:35Articles Mentioned in EpisodeEU Oil Sanctions: A Critical MiscalculationPutin’s stagflation revenge (Fortune)U.S. Technology, a Longtime Tool for Russia, Becomes a Vulnerability (NYT)Summit of the Americas and the Colombian ElectionBiden’s hemispheric summit may end up a dud (WaPo)Colombia’s presidential run-off on June 19th is close (The Economist)Interview with Dr. Steven Schrage- Steven’s TwitterFollow UsShow Website: www.kelloggsglobalpolitics.comShow Twitter: @GlobalKelloggAnita’s Twitter: https://twitter.com/arkelloggRyan’s Twitter: https://twitter.com/RyanPKelloggAnita’s Website:https://www.anitakellogg.com/Anita’s email: [email protected]’s email: [email protected] us Fan MailFollow UsShow Website: www.kelloggsglobalpolitics.comShow Twitter: @GlobalKelloggAnita’s Twitter: @arkelloggShow YouTube