Thank you, Chair.
I'd like to welcome our witnesses here today.
It is a very troubling time as we see how it unfolds as time goes on. What I'm really concerned about is that I see sanction after sanction levied against Russia and it doesn't seem to be working. I'm not sure if the world players are all following the sanctions, because obviously, that's a lot of pressure on Russia.
What are the major drawbacks with sanctions? I don't see Russia actually moving an inch. Is there movement? I'd like to get a feel for how the sanctions are working.