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Moscow retaliates against Western sanctions with export bans

reuters.com

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Re: Moscow retaliates against Western sanctions with export bans

#41

Post by MayeulC »

toyg wrote: post #4
kriops wrote: 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.

Maybe not as much as it's made out to be?

Only a few european countries rely heavily on russian gas (on the top of my head, germany and italy).

It wouldn't be fun, but we can heavily invest in converting heating systems, and turn off some electricity sinks (industrial equipment, etc). Make the grid smarter to turn off equipment when demand is high.

Meanwhile, accelerate the deployment of alternative energy sources, storage, and diversify hydrocarbon procurement sources.

Basically what should have been done progressively, not that it wasn't called out. Both reducing reliance on Russia and phasing out carbon-intensive energy sources. It's mind-blowing that we made no progress on these, and now it looks like germany is doubling down on it.

Re: Moscow retaliates against Western sanctions with export bans

#42

Post by Demiurge »

mulmen wrote: post #12
late2part wrote: post #6

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.

So, if Russia leaves Ukraine now, all the sanctions will be dropped? :)

Re: Moscow retaliates against Western sanctions with export bans

#44

Post by bojan »

vnchr wrote: post #36
sandworm101 wrote: post #30

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.

That is such an unequal relationship. China is not kind to its colonies.

Re: Moscow retaliates against Western sanctions with export bans

#45

Post by mrits »

lambdasquirrel wrote: post #18
mrits wrote: post #5

Earlier quoted context omitted.

You need a large alignment to have any real effect. Even the things we may need from them we can buy from another country that bought from them. Russia doesn't have the political network to prevent this from happening.

The catch is that a lot of these exports are bulk goods, which are sensitive to transport cost. It's why, for example, Russia exports so much gas to Germany. It's not for nothing that a large swath of the EU became dependent on Russian energy and wheat.

If this was about Gas to EU it would be a much bigger issue. The article is about what is being sanctioned though.

Re: Moscow retaliates against Western sanctions with export bans

#47

Post by jquery »

sandworm101 wrote: post #30

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…

All of this stops the day Russia stops attacking Ukraine, it’s not like Russia is a helpless victim here.

Edit: I agree there will be reverberating consequences. Criminals have to pay their debt to society. Russia is already deep in a hole. Even if this war stops today, their economy is set back many years. The economic might of the peaceful world is being used to make an example of a warmongering nation. But Russia can choose to stop digging. There is no end-game for Putin in continuing this war.

Re: Moscow retaliates against Western sanctions with export bans

#48

Post by dsr_ »

pinewurst wrote: post #32
smhenderson wrote: post #15

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?

More to the point, as soon as that aircraft lands at an airport outside Russia (or, perhaps, China), a nice young person with a briefcase will be explaining to the FBO that the aircraft is the property of Foobar Leasing, and should not be refueled while the repossession process is under way.

Re: Moscow retaliates against Western sanctions with export bans

#49

Post by yummybear »

pinewurst wrote: post #32
smhenderson wrote: post #15

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?

I think it would depend on how safety conscious you are.

Re: Moscow retaliates against Western sanctions with export bans

#50

Post by aix1 »

mulmen wrote: post #12
late2part wrote: post #6

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.

Even if they did that and all sanctions immediately ended (which is doubtful), it would take a long time to undo the effects of those sanctions (investor confidence getting rebuilt, the memories of foreign-owned civil aircraft getting expropriated to fade etc).
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