Since Russia launched a full scale invasion into Ukraine, many countries have unleashed an unprecedented set of coordinated sanctions against Russia. However, these sanctions do not seem to deter President Putin, and in retaliation, Russia has imposed counter sanctions. So how effective are sanctions imposed on Russia and do the counter sanctions deployed by Russia pose any impact at all? Raffaello Pantucci, Senior Fellow at S. Rajaratnam School of International Studies tells us more.