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in the city of zaporizhzhia. now on bbc news, it's hardtalk. welcome to hardtalk. i'm stephen sackur. as the russian war machine tries to inject momentum into its ukraine offensive, could it be crippled by the west's economic countermeasures? ten weeks of sanctions have seen foreign currency reserves frozen, oligarch assets seized and international businesses quit russia. but putin can still count on his oil and gas income, and there's no sign of economic pain forcing a rethink. well, my guest is bill browder, a former big—time investor in russia turned anti—putin
retired admiral. along with the request for new aid, president biden is sending a proposal to enhance the u.s. government's ability to go after russian oligarchs and government figures. white house said it would establish new authorities for the justice and treasury departments to seize oligarch assets and prevent them from evading sanctions and make it easier for the united states government to in turn use those assets to help ukraine. joining us now, chief white house constituent for "the new york times" peter baker and ben hodges, a former commanding general of the united states arm any why europe, now the pershing share and strategic studies at the center for europe policy analysis. good morning to you both. and general hodgess, i begin with you and the new posture from defense secretary austin talking about a weakened russian military so it can't project tis strength into countries surrounding it. what do you make of that stepped
the sense of dread people might be feeling, when i was there originally a lot of people were internally displaced people from the next —— from luhansk and donetsk and the fighting has caught up with them. are you feeling safer you are, near the romanian border?— are you feeling safer you are, near the romanian border? much safer than i would in kharkiv _ the romanian border? much safer than i would in kharkiv or _ the romanian border? much safer than i would in kharkiv or in _ the romanian border? much safer than i would in kharkiv or in kyiv, _ i would in kharkiv or in kyiv, especially given the missile strikes taking place. ukrainian armed forces and government are doing their absolute best to hold off this russian and belarusian advance and are doing incredibly impressive and brave work, despite what feels like a lack of support for them. sanctions are all well and good but there is so much more that can be done. people are talking about bringing in a no—fly zone and letting the ukrainians do the job on the ground. more pushing to take oligarch assets and nationalise them
to tell lies and undermine the 2016 presidential election, i'm not quite sure why the west is hesitating to tell the russian people the truth about this war. the other thing with the oligarchs as we have made a big show of seizing their assets, but a lot of them are just waiting it out, they are sitting on their boats in the med, perfectly happy, riding out this storm. we need to start explaining what happens after the conflict. i think we should take all these oligarch assets and put that money towards rebuilding ukraine, the point is we need to make that clear to them now because if they think they can ride it out we need to say, no, you will not ride it out, your lives are forever