Sanction against Russia for West-choreographed conflict in Ukraine

[Balthazar]

https://twitter.com/bobrikovsn/status/496746818911612929/photo/1

"Waiting for sanctions"

[kuusj98]

Now what does it matter?

Sanctions > Russia stops exporting gas to us, EU and RU are both fucking themselves.

[niothor]

Now what does it matter?

Sanctions > Russia stops exporting gas to us, EU and RU are both fucking themselves.

and russia will get a 20% cut in their gdp without the money from the gas and oil while the eu will try to get gas from somewhere else...
the eu still has a way out of it ,. russia not.

[Bitsaurus]

The reason russia was importing food from europe was because it was cheaper the hike will be reflected in the people wallets.
Along with the 3% new sale tax that will be added next year.
And with the 6% yearly inflation.

Mainly because the damned WTO membership and various international agreements were ensuring destruction of domestic production.

The country is at war now, and economic one, but still a war. Russians are notoriously resilient when threat comes from outside (once again).

Because they never really leave a state of war.  When was the last time people in Russia didn't feel as if they're struggling?  Sure the rich middle class made out well in the last 20 years, but not many others.  It's hard to know sadness when you have never had the chance to experience happiness.

[bryant.coleman]

and russia will get a 20% cut in their gdp without the money from the gas and oil while the eu will try to get gas from somewhere else...
the eu still has a way out of it ,. russia not.

No. Right now, there are not enough gas tankers to carry that much gas from Qatar to the EU. Maybe in the near future that will be possible. But right now, EU won't be able to replace that much gas from elsewhere.

And regarding crude, only Saudi Arabia is having spare capacity to increase its oil production (that too by just 1.5 million barrels / day). Not enough to counter the Russian production (10.5 million barrels per day).

[niothor]

and russia will get a 20% cut in their gdp without the money from the gas and oil while the eu will try to get gas from somewhere else...
the eu still has a way out of it ,. russia not.

No. Right now, there are not enough gas tankers to carry that much gas from Qatar to the EU. Maybe in the near future that will be possible. But right now, EU won't be able to replace that much gas from elsewhere.

And regarding crude, only Saudi Arabia is having spare capacity to increase its oil production (that too by just 1.5 million barrels / day). Not enough to counter the Russian production (10.5 million barrels per day).

Why would it need to counter Russia production?
out of those 10.5 only 7-8 are exported and only 4.4 to Europe.
And no , there are many countries that can increase their oil production , including one in which you never set foot but you hate it like it was the devil

[dadugan]

and russia will get a 20% cut in their gdp without the money from the gas and oil while the eu will try to get gas from somewhere else...
the eu still has a way out of it ,. russia not.

No. Right now, there are not enough gas tankers to carry that much gas from Qatar to the EU. Maybe in the near future that will be possible. But right now, EU won't be able to replace that much gas from elsewhere.

And regarding crude, only Saudi Arabia is having spare capacity to increase its oil production (that too by just 1.5 million barrels / day). Not enough to counter the Russian production (10.5 million barrels per day).

Why would it need to counter Russia production?
out of those 10.5 only 7-8 are exported and only 4.4 to Europe.
And no , there are many countries that can increase their oil production , including one in which you never set foot but you hate it like it was the devil

Think Russia is building a pipeline to China for oil and gas trade. If Europe slap a sanction on Russia, they will be other buyer lining up for cheap gas and oil.

[Nemo1024]

The situation starts to remind of a school bully, who punches a new kid, only to discover that this kid know Karate, and so the bully runs to the teacher, screaming "unfair!".

Norway called the Russian countermeasures unfair, as Norway is poised to loose millions on exports
Finland called the countermeasures unfair as Finnish diary producer has to close its production in Russia, loosing millions.

And only USA threatens new sanctions against Russia for allegedly supporting freedom fighter in Novorossia (still not providing any evidence).
http://www.gazeta.ru/business/news/2014/08/07/n_6377173.shtml

Maybe it's time other countries start sanctioning EU/US for their documented support of Nazi regime in Ukraine and genocide against 5 million Russian people (1.3 million on the run within Ukraine, over 700000 fled to Russia).

But no, UN security council blocked Russia's proposal to maintain seize-fire around Boeing crash site (absurdity again):
http://www.regnum.ru/news/polit/1834160.html

[niothor]

The situation starts to remind of a school bully, who punches a new kid, only to discover that this kid know Karate, and so the bully runs to the teacher, screaming "unfair!".

What if the bully pulls out a sword ( i've especially not used gun to let you come back ))
What if the big pharma groups stop the exports of drugs?

What where the numbers last year?

Besides.
"Alcohol imports from both the EU and the US will not be restricted."
Stopping to wonder why life expectancy for russian males is so low.

[Nemo1024]

Mainly because the damned WTO membership and various international agreements were ensuring destruction of domestic production.

The country is at war now, and economic one, but still a war. Russians are notoriously resilient when threat comes from outside (once again).

Because they never really leave a state of war.  When was the last time people in Russia didn't feel as if they're struggling?  Sure the rich middle class made out well in the last 20 years, but not many others.  It's hard to know sadness when you have never had the chance to experience happiness.

Sadly, you are right. Each time Russia enters a stretch of relative calm and prosperity, there comes a war (economic, military, diplomatic) or aggressive behaviour from the Big Game ringleaders. It was so before 1850s, 1914, 1980s, and now.

In another thread, hologram said, why Russia bothers with the outside world if they want to be isolationist. It was a response to my statement that Russia would like to be left alone for a change. But it's not the same. Russia wants to be left alone in its internal policies and treated as an equal partner, but not isolated.

[Nemo1024]

The situation starts to remind of a school bully, who punches a new kid, only to discover that this kid know Karate, and so the bully runs to the teacher, screaming "unfair!".

What if the bully pulls out a sword ( i've especially not used gun to let you come back ))
What if the big pharma groups stop the exports of drugs?

What where the numbers last year?

Besides.
"Alcohol imports from both the EU and the US will not be restricted."
Stopping to wonder why life expectancy for russian males is so low.

Your comparison of Romania to Russia is slightly... disproportionate, don't you think? 

As for pharma, Russia has a lot of own potential there. Only a few days ago Russian researchers announced start of clinical tests of their own vaccine against Ebola, for example.

Alcohol imports statement (and alcohol production in general) is worrying, I concede that.

[Balthazar]

As for pharma...

Anybody is recommended to try 100-200mg of Phenotropil in combination with 50mg of Nicotinic Acid twice per day. It dramatically improves attention control, physical stamina and provides additional tolerance against significant range of stress factors like cold weather or low levels of oxygen in the environment. Not banned in Russia yet, if you're not going to participate in Olympic sports.

[Nemo1024]

Yatsenjuk presented figures, showing that Ukraine will lose 7 billion dollars by implementing sanctions against Russia:
http://www.bfm.ru/news/268327

The words "shooting", "spite" and "foot" come to mind...

[Nemo1024]

Stocks in Russian food companies soar amid Western food ban
http://rt.com/business/178924-russia-food-ban-companies/

Who is hit hardest by Russia's trade ban?
http://rt.com/business/178888-russia-trade-ban-who-hurts/

An interesting analysis by Patrick L Young, an expert in global financial markets:
Sanctioning food: Fueling opportunity
http://rt.com/op-edge/178968-sanctioning-food-russia-opportunity-dangerous/

[Nemo1024]

Predictions: Ukraine May Stop Russian Gas Transit to EU
http://futuristrendcast.wordpress.com/2014/08/08/predictions-ukraine-may-stop-rassian-gas-transit-to-eu/

This just in: Ukraine may stop Russian gas transit to EU. Kiev is considering a package of 26 sanctions against Russia, targeting just about all important industries and facets of life, including Russian gas transit, machinery, aviation, transport, military, medicine and more. See report from RT, including a map of current Russian gas pipelines through Ukraine and Belarus.

...

There are only two possibilities why Kiev would be gearing for the Russian gas shut-off, and I suspect that both are true:

1. The Kiev “authorities” are so dumb that they simply can’t grasp what kind of disaster they are about to inflict on themselves and Europe.

2. They are fulfilling a direct order from their handlers in Washington.

I share the author's view on the following:

This can inflict some damage on the Russian economy as well; however, as I said before, Russian economy is in desperate need of a healthy restructuring in order to get rid of the hiccups and distortions of the ’90s. Russians were too comfortable to start such massive restructuring on their own. The external push, such as events in Ukraine and Western sanctions, are forcing Russia to start this very necessary process. The result can only be one: Russian economy will emerge out of it much stronger than before.

See also: https://www.youtube.com/watch?v=k-6piNKW1lI

[Balthazar]

http://rt.com/business/179332-poland-us-import-apples/

[Mobius]

and russia will get a 20% cut in their gdp without the money from the gas and oil while the eu will try to get gas from somewhere else...
the eu still has a way out of it ,. russia not.

No. Right now, there are not enough gas tankers to carry that much gas from Qatar to the EU. Maybe in the near future that will be possible. But right now, EU won't be able to replace that much gas from elsewhere.

And regarding crude, only Saudi Arabia is having spare capacity to increase its oil production (that too by just 1.5 million barrels / day). Not enough to counter the Russian production (10.5 million barrels per day).

Europe may not be able to stop buying all gas and energy products from europe but they do have other sources to cut back substantially. If europe were to cut back demand for russian oil by 1.5 million barrels per day that works out to ~ $150 million per day in less revenues. That is $4.5 billion per month and ~$54.75 billion per year. That is far from small change. Russia, like any other economy is not able to cut production on a "hair's" notice so they will initially have a glut of excess supply, forcing them to cut back more then they otherwise would have to, causing the demand for other products to fall, causing the same issue of excess supply.

[Nemo1024]

When Ukraine said that they will sanction Russia by stopping Russian gas transit, Germany gave Kiev an order to not do that, in no uncertain terms.

Ukraine may block all transit from Russia in sanctions row - PM
http://rt.com/business/178988-russia-ukraine-gas-transit/

An Op-Edge with Daniel McAdams, executive director of the Ron Paul Institute for Peace and Prosperity:
‘Ukraine committing economic suicide by thinking to stop gas transit’
http://rt.com/op-edge/179388-ukraine-gas-transit-south-stream/

Energy is not different, the only person that will do it well is ironically the US vice-president ‘s son, John Biden’s son, who you know is on the board of one of the largest Ukrainian energy companies, who are selling their line to the Ukrainians to make up for all of this by fracking and other alternative sources, which is just a joke.

Ukraine has not backed off yet. They are stating conditions, on which they will continue transit of Russian gas:
http://lenta.ru/news/2014/08/11/transit/
Seems like EU are going to feel on their skin what Russia had to deal with all those years.


And a small footnote: Norway joined EU sanctions targeted to cripple Russian economy:
http://top.rbc.ru/politics/11/08/2014/942272.shtml

Sanctions bite-back: Bickering, EU infighting over Russia retaliation
http://rt.com/news/179348-russia-sanctions-europe-protests/

Similar sentiments came Sunday from Heinz-Christian Strache, Chairman of the right-wing Freedom Party of Austria, which has 20 percent of seats in the lower chamber of the national parliament and showed similarly strong results in this year’s European parliamentary election.

“In just a few days after the [Russian] sanctions came into force they hurt out agriculture. The EU is thinking on how to mitigate it. Instead of putting Russia on its knees, they drag our farmers to ruin with their senseless sanctions policy,” Strache said ac sited by Austria Presse Agentur.

He also lashed out at Kiev for considering a ban on the transit of Russian gas into Europe to hurt Russia, calling such statements “an affront to their own allies” and “a mockery of the EU,” which will have to save Ukraine from bankruptcy.

 

More:

China to start direct sales of fruit and vegetables to Russia
http://rt.com/business/179376-russia-china-fruit-vegetable/

Russian economy grows 0.8%, avoids technical recession
http://rt.com/business/179556-russia-economy-grows-second-quarter/

[Balthazar]

http://rt.com/business/179972-ecuador-russia-agriculture-ban/

Ecuador: We don’t need permission to trade with Russia

[niothor]

Russian economy grows 0.8%, avoids technical recession
http://rt.com/business/179556-russia-economy-grows-second-quarter/

From:
http://en.ria.ru/business/20140214/187540087/Russias-Central-Bank-Sees-2014-Economic-Growth-at-15.html

MOSCOW, February 14 (RIA Novosti) – The head of Russia’s central bank said Friday that she expects the economy to grow by 1.5 percent to 1.8 percent in 2014.

to:

Economy Minister Aleksey Ulyukaev says an optimistic GDP all of 2014 in total will be 1.1 percent, but previously stated that he wouldn't be surprised if growth was negative. Russia’s Central Bank estimates that growth will be 0.5 percent. Growth for 2015 is slated at a 2 percent increase, according to Ulyukaev

Capital outflow remains a major concern for Russia, as the ruble continues to weaken. Since 2014, the ruble has lost more than 9 percent against the dollar.

Russsia’s Central Bank is so far dealing with inflation by raising its key interest rate. The International Monetary Fund predicts consumer prices in Russia will rise between six and 14 percent in 2014.