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Moscow retaliates against Western sanctions with export bans

reuters.com

31–40 of 143 posts

Re: Moscow retaliates against Western sanctions with export bans

#31
post #4

Earlier quoted context omitted.

If they extend them to gas, we Euros are fucked hard.

Oh they won't Not to mention Russian gas is 30% of EU gas (on average), so it would be a crunch but not a cut-off Unless they would like the Ruble going even lower.

If it is all out war, do they care?

Re: Moscow retaliates against Western sanctions with export bans

#32

Anyone know what impact these two items from the article would have on western companies? allowing Russian airlines to register jets leased from Western firms as their own property In response, a government commission on Wednesday approved the first step towards nationalising assets of foreign firms that leave the country. It seems to me the companies involved probably knew this was possible/probable when they pulled…

Though what's the value of an unsupported modern jetliner?

Re: Moscow retaliates against Western sanctions with export bans

#33
post #4
post #2

Maybe someone can enlighten me, but is this not the equivalent of saying "You can't fire me - I quit"? Are there any practical consequences from this besides symbolism?

If they extend them to gas, we Euros are fucked hard.

News are that we'll have replace 2/3 of Russian gas from somebody else by the end of the year [1]. It's going to be a rougher transition if we have to replace all of it but it's worth it. Same with wheat and oil. Hard times for a while but better than having to bow to Mr Putin. And this is only money, not bombs like in Ukraine.

By the way, the countries we'll be buying from are not much nicer than Putin's Russia (some of them maybe even less so) but at least they are smaller and hopefully more manageable. The next one to cut ties with should be China but that's a giant rope to undo.

[1] https://www.msn.com/en-us/news/world/europe-plans-to-slash-r...

Re: Moscow retaliates against Western sanctions with export bans

#34

Anyone know what impact these two items from the article would have on western companies? allowing Russian airlines to register jets leased from Western firms as their own property In response, a government commission on Wednesday approved the first step towards nationalising assets of foreign firms that leave the country. It seems to me the companies involved probably knew this was possible/probable when they pulled…

An aviation youtube channel speculated about this posibility a few days ago: https://youtu.be/Lz4gCE4ccRM

In short more than half of all the russian operated airliners are leased from foreign companies. These leases are rummored to have stipulations that in case of a sanction the leased aircraft needs to be returned. It was already speculated that the Russian state won’t be letting that to happen.

Re: Moscow retaliates against Western sanctions with export bans

#35

If every country refused to trade with Russia, would it become one of the poorest countries in the world?

Trade is two-sided and every participant is richer as a result. So, if trade doesn't happen, both sides become poorer as a result.

Re: Moscow retaliates against Western sanctions with export bans

#36

The Iron Curtain cut through the heart of Europe, dividing east from west. Curtain 2.0 looks to be forming only around Russia, walling it off from all of Europe. Things will be so much worse for people on the inside this time. It will be like Soviet Russia without the Warsaw Pact to support it. It is one thing to be without Twitter and Hollywood movies, but can Russia feed itself? Can any country? Modern industrial a…

They’ve got plenty of opportunities with China.

Re: Moscow retaliates against Western sanctions with export bans

#38
post #3

Western sanctions = Russia cannot spend money on western products Russian sanctions = Russia does not get any money from other countries That is good, right?

Brazil, China and other trading partners have not signed onto any or all of the sanctions. The sanctions are still hurting the Russian people, but there haven't been signs yet that it has hurt the government.

I am pretty sure that the government loudly objecting to them, going so far as to call them an act of war, is a sign that they are hurting the government.

We're yet too see how much.

https://www.theguardian.com/world/2022/mar/05/defiant-putin-...

Re: Moscow retaliates against Western sanctions with export bans

#39
post #4

Earlier quoted context omitted.

If they extend them to gas, we Euros are fucked hard.

how would they pay for the war if they don't sell gas to us in Europe? Besides, the EU presented the plan to get rid of the RU gas dependency: https://www.theverge.com/2022/3/8/22967244/european-union-ru...

At the moment, they aren't paying for much. Most of what they're using (weapons, vehicles, fuel, ammo) is coming out of storage, reserves, etc. Soldier pay is in rubles.

That's not to say russian doesn't need money, but this isn't that kind of war... at this point.

Re: Moscow retaliates against Western sanctions with export bans

#40
post #12

I can't find data to support my speculation but I'll share it anyway: 1. The things the west has banned importation from Russia, and the things that Russia is banning exportation of, may not be the same. Therefore, Russia may cause pain by blocking the export of some things that were previously available. 2. The West previously controlled when the end of this trade blockage happens. Now Russia also controls this and…

Russia was always in control of when this ends. They can simply leave Ukraine.

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