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How could the west punish Russia if it invades Ukraine?

US and European allies are preparing aggressive economic and financial sanctions

The US and European allies are preparing what is being described on both sides of the Atlantic as the most aggressive package of economic and financial sanctions ever assembled to punish Russian president Vladimir Putin if he approves an invasion of Ukraine.

The hope in western capitals is that the mere threat of these measures will be enough to deter Putin from attacking Ukraine in the first place — and if that fails, to pound Moscow with so many economic weapons that it will weaken the Kremlin’s resolve.

So what measures specifically are the US and the EU prepared to impose?

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