Sanction against Russia for West-choreographed conflict in Ukraine - page 12.

niothor

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Quote from: Nemo1024 on August 16, 2014, 06:33:30 AM

Ok, attempted brought to its knees. Happy? I am talking about the intent, not the end result, which will probably be the collapse of economy both in Russia and in EU, with USA being the only winner.

Collapse of the EU? Why? Because of the € 140 billion trade? Germany had $1.516 trillion exported in 2012.
Indeed probably the us will be the only winner as the EU won't get unscratched from this but collapse...

Please don't start with the swan song for the EU. People were and still are obsessed for centuries with this fall of the old continent and nothing happened.

2007 , 2009 , 2013 the eu was supposed to crumble , Greece and Spain also to get out of the union ... and what where the real results?
The union is as strong as it was before.
Only haters try desperately to find a real reason for it to break apart , thing they haven't found yet.

Nemo1024

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Ok, attempted brought to its knees. Happy? I am talking about the intent, not the end result, which will probably be the collapse of economy both in Russia and in EU, with USA being the only winner.

niothor

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Quote from: Nemo1024 on August 16, 2014, 06:27:54 AM

Um, so it's Russia's fault that it's being brought to its knees as soon as it tries to lift its head and throw off the shackles? Nice logic.

WHAT???
Russia brought to its knees? But rt and itartass and ria all said that the west will crumple , they will get bankrupt , Russia won't feel even 1% of the sanctions.
And now we are talking about 8 percent inflation , 20% price increase , and the biggest company asking the government for a 42 billion bailout?

Which one of those above is true?

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Russia's state-controlled energy giant Rosneft has asked the Russian government for a $42bn (£25.2bn) loan, as it feels the impact of Western sanctions.

The government said it will consider the request from Igor Sechin, head of Rosneft, in the next two weeks.

Sanctions on Russia have limited Rosneft's ability to raise funds.

Rosneft has requested the money from the National Wealth Fund, which finances state pensions.

Nemo1024

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Um, so it's Russia's fault that it's being brought to its knees as soon as it tries to lift its head and throw off the shackles? Nice logic.

niothor

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Of course , nothing is hurting the russians. Except maybe for this.

Suppliers have raised prices for some fish by 20-36%, one of Russia's biggest retailers, X5 Retail Group, complained to Russia's government, the Kommersant business daily reported on Wednesday. Suppliers reported shortages and higher prices for fruit, retailers braced for milk prices to go up, and some meat suppliers were engaging in price speculation, Kommersant reported.

Russia's Central Bank warned last week that the sanctions are likely to increase an already rising inflation rate. Even so, Russia's government has pledged that prices will not go up as a result of the import ban, promising that the Federal Anti-Monopoly Service will check reports of suppliers raising prices.

Where have i see this move... i wonder where...oh...Venezuela
https://bitcointalksearch.org/topic/real-time-socialist-train-wreck-again-happening-now-in-venezuela-330687

Prominent nationalist commentators have ridiculed those complaining about the import ban as pampered middle-class consumers who have developed an elitist taste for foreign cheese and prosciutto.

Yup nemo , the current Russia is not like the URSS....nothing alike

Nemo1024

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The most amusing thing that I find here, is all the Westerners that seemingly dream seeing Russian economy fail and Russia plunged into 1917-style chaos. What they don't realise, is that by doing so, they cut the branch that they are themselves sitting on (or digging their own grave).

Poland thinks about forbidding import of Russian coal (that currently covers 40% of the country's needs) as a counter-counter-sanction to Russian counter-sanctions to Polish and EU sanctions:
http://lenta.ru/news/2014/08/16/coal/

Absurdity still reigns supreme. Grin

bryant.coleman

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Quote from: Fray on August 15, 2014, 05:22:27 PM

This may sound small on paper but can have a very large impact on the Russian economy. If the Russian economy is slowed enough then Russia will have trouble paying for it's War Machine.

If the Kiev junta Seize a few petrol pumps, then it is going to affect the Russian economy? IMO, the Russian economy wont be touched until there is an embargo imposed over Russian oil and gas.

Balthazar

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Quote from: Fray on August 15, 2014, 05:22:27 PM

This may sound small on paper but can have a very large impact on the Russian economy. If the Russian economy is slowed enough then Russia will have trouble paying for it's War Machine.

Is this a joke? I'm asking because I have serious problem with choice... Which part of statement should I choose as a reason for laugh? Thank you.

Fray

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Quote from: bryant.coleman on August 14, 2014, 10:42:51 AM

Quote from: Nemo1024 on August 14, 2014, 09:54:54 AM

Latest news from Ukraine: they have finalised the list of sanctions against Russia. Grin

http://www.bfm.ru/news/269001

They will ban the Russian banks and seize petrol pumps and such things run by the Russian companies. Beyond that what they are going to do? They don't have the balls to stop the gas supplies to the EU.

This may sound small on paper but can have a very large impact on the Russian economy. If the Russian economy is slowed enough then Russia will have trouble paying for it's War Machine.

niothor

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http://www.bloomberg.com/news/2014-08-15/russia-said-to-brace-for-price-growth-at-5-year-high-on-food-ban.html

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Annual inflation is likely to accelerate to 8 percent in 2015, far above a 4.5 percent target, the officials said, asking not to be identified as the information isn’t public. Prices may grow 10 percent next year for the first time since 2008 if tit-for-tat sanctions escalate, two of them said.

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Metro AG’s Cash & Carry unit in Russia said vendors are seeking to charge 4 percent to 10 percent more for supplies.

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Putin’s food ban alone may add about 2 percentage points to inflation in the next 12 months, the officials said. It’s sped up from a record low of 3.6 percent in May 2012 to a 7.5 percent in July, according to data compiled by Bloomberg.

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Earlier decisions by Russia’s food safety watchdog to block pork imports have already added 1 percentage point to inflation this year, Natalia Orlova, chief economist at Alfa Bank in Moscow, said by phone. The bank raised its 2015 inflation forecast to 8 percent.

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Russia’s central bank has said consumer-price growth will reach 6 percent to 6.5 percent this year, missing its 5 percent target.

Such wow , russian economy is going to the moon , dogecoin style

Nemo1024

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Quote from: bryant.coleman on August 14, 2014, 07:35:30 AM

Quote from: Nemo1024 on August 14, 2014, 02:45:57 AM

Both Belarus and Kazakhstan will continue with European imports. Belarus previously promised to ensure that the prohibited goods will not enter Russian market through the country

This is a bad sign. Belarus is part of the customs union. So European goods imported in Belarus can easily end up in Russia. That said, asking Lukashenko to enforce the sanctions would be a bit too much, as the Russians are not giving him anything in return.

I think it's actually good. It shows that each country in the Trade Union can still pursue their individual foreign polices, so this potentially strengthens the trust in the Trade Union.

On the topic of sanctions and estrangement, Switzerland cancelled the planned for the end of September visit of the Speaker of the Russian Parliament to the country, in connection with the sanctions. The visit was connected to commemoration of 200 years since Switzerland and Russia established diplomatic relations, so this is rather ironic.

We can say to good-bye to Switzerland's neutrality as a thing of the past...

PS:

EU sanctons 'shooting oneself in the foot' - Hungary PM
http://rt.com/business/180564-eu-russia-sanctions-hungary/
http://en.ria.ru/world/20140815/192033400/EU-Shot-Itself-in-Foot-With-Russia-Sanctions--Hungarian-Prime.html

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“The EU should not only compensate producers somehow, be they Polish, Slovak, Hungarian or Greek, who now have to suffer losses, but the entire sanctions policy should be reconsidered,” the Hungarian Prime Minister said, saying he is already looking for support to force through changes.

...

On Thursday, Matteo Salvini the leader of Italy’s Northern League party called on Brussels to immediately repeal the sanctions against Russia.

“Only fools, Brussels and Rome, could decide to impose economic sanctions against Russia, which now sends us back tons of Italian agricultural products worth more than €1 billion,” Salvini wrote on his Facebook page “Who will pay our farmers? Renzi? Merkel?”

Russia Remains Finland’s Number One Trade Partner – Putin
http://en.ria.ru/world/20140815/192035896/Russia-Remains-Finlands-Number-One-Trade-Partner--Putin.html

bryant.coleman

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Quote from: Nemo1024 on August 14, 2014, 09:54:54 AM

Latest news from Ukraine: they have finalised the list of sanctions against Russia. Grin

http://www.bfm.ru/news/269001

They will ban the Russian banks and seize petrol pumps and such things run by the Russian companies. Beyond that what they are going to do? They don't have the balls to stop the gas supplies to the EU.

Nemo1024

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Latest news from Ukraine: they have finalised the list of sanctions against Russia. Grin

http://www.bfm.ru/news/269001

President will have absolute power in naming sanctions against whoever he sees fit. Well, at least they excluded sanctioning mass media for saying "the wrong things".

niothor

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Quote from: bryant.coleman on August 14, 2014, 07:35:30 AM

Quote from: Nemo1024 on August 14, 2014, 02:45:57 AM

Both Belarus and Kazakhstan will continue with European imports. Belarus previously promised to ensure that the prohibited goods will not enter Russian market through the country

This is a bad sign. Belarus is part of the customs union. So European goods imported in Belarus can easily end up in Russia. That said, asking Lukashenko to enforce the sanctions would be a bit too much, as the Russians are not giving him anything in return.

It has already happened and ti will continue to be like that.

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Before Russia battened down the hatches, Belarus was boosting exports, including those of produce that the nation itself doesn’t grow. Last year it more than quadrupled shipments of bananas and pineapples to Russia, trade data show. After delivering 15 kilograms (33 pounds) of avocados two years ago, Belarus sent 53,355 kilograms of them in 2013.

Weird that new zealand is not on the ban list so Australia will use it as a back door.

A pretty interesting situation is unfolding on the other side of the globe.
Japan is banning almost every week another product from china after the whole chicken meat scandal.

And the Japanese market is larger than the Russian one. So , can Europe secure a buyer for the extra products?

bryant.coleman

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Quote from: Nemo1024 on August 14, 2014, 02:45:57 AM

Both Belarus and Kazakhstan will continue with European imports. Belarus previously promised to ensure that the prohibited goods will not enter Russian market through the country

This is a bad sign. Belarus is part of the customs union. So European goods imported in Belarus can easily end up in Russia. That said, asking Lukashenko to enforce the sanctions would be a bit too much, as the Russians are not giving him anything in return.

Nemo1024

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Some more sanctions fun:

Finland will not impose counter-counter-sanctions in reply to Russia's counter-sanctions blocking food imports:
http://lenta.ru/news/2014/08/14/finland/

Switzerland is late to the playground and hardened its sanctioned against Russia:
http://www.bfm.ru/news/268943

Both Belarus and Kazakhstan will continue with European imports. Belarus previously promised to ensure that the prohibited goods will not enter Russian market through the country:
http://finance.rambler.ru/news/economics/149434011.html?utm_source=news&utm_content=finance&utm_medium=midcolup&utm_campaign=cross_promo
See, Trade Union is rather flexible.

Experts from Danish bank predict that EU will drop its sanctions and Russia will drop it counter-sanctions within three months:
http://lenta.ru/news/2014/08/14/denmark/

And in USA, business comes first. Pentagon insists on buying Russian helicopters Mi-17B5 for a mission in Afghanistan, despite protests from the Congress:
http://ria.ru/world/20140814/1019957311.html

bryant.coleman

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Quote from: Nemo1024 on August 11, 2014, 03:07:17 PM

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

lol... I had predicted this earlier.

In any conflict between Russia and the West, it will be the Chinese who gain the most.

Earlier they were able to secure a favorable gas deal from Russia (Gazprom will sell gas to China at $380 per K Cu M, as compared to $700 for LNG and $400 for Russian gas to Germany). And now fruits and vegetables. Next will be meat. Grin

niothor

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Quote from: Nemo1024 on August 11, 2014, 03:07:17 PM

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

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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:

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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.

Balthazar

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

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

Nemo1024

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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/

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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/

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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/

Topic: Sanction against Russia for West-choreographed conflict in Ukraine - page 12. (Read 30040 times)