William Browder, CEO of London-based Hermitage Capital Management and vocal critic of Russian President Vladimir Putin, talked about the effectiveness of sanctions on specific Russian oligarchs. He explained why these sanctions have made more of an impact than previous attempts. He also discussed how other countries have replicated these sanctions and how the United Kingdom can improve their efforts to deter future Russian actions.
In 2009, Russian lawyer Sergei Magnitsky died while imprisoned after uncovering and exposing a corruption scheme in Russia. Upon learning of his death, Magnitsky's employer, William Browder, CEO of Hermitage Capital Management, made a commitment to seek justice for those who were responsible for his death. Browder worked with Senators to establish the Magnitsky Act which blocked Russian government officials and businessmen associated with the death of Sergei Magnitsky from entering the U.S., froze assets in U.S. banks, and banned the use of American banking systems.
The U.S. government has multiple ways to accomplish their foreign policy goals. This lesson gives an overview of some of these tools of foreign policy and provides students the opportunity to review present and historical examples of foreign policy. Extension activities are also provided.