Live data from Hacker News

Moscow retaliates against Western sanctions with export bans

reuters.com

61–70 of 143 posts

Re: Moscow retaliates against Western sanctions with export bans

#61
post #12

Earlier quoted context omitted.

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

Quoted post unavailable.

Do you honestly think Russia will leave Ukraine if NATO says it won't expand? Expand is a stupid word, nobody is forcing Ukraine to join the defensive alliance.

Re: Moscow retaliates against Western sanctions with export bans

#62
post #48

Earlier quoted context omitted.

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.

They're not flying outside Russia or China. Problem solved.

Re: Moscow retaliates against Western sanctions with export bans

#63
post #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.

And China will not not notice that it is the sole buyer of Russian products?

What Putin did to Ukraine, made Russia smaller and weaker, and there is no going back.

Re: Moscow retaliates against Western sanctions with export bans

#64
post #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.

This is good for Russia in the short term, but is going to be soo bad for Russia in the long term. Even once the sanctions end, business/capital will fear going into Russia for decades. Everyone in Russia is going to be poorer for the rest of their lives because of what's happening in Ukraine.

Re: Moscow retaliates against Western sanctions with export bans

#65

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.

If I refuse to trade with the world, the world becomes infinitesimally poorer, but I become radically poorer. Russia is relatively small compared to the global economy and will suffer much more than everyone else.

Re: Moscow retaliates against Western sanctions with export bans

#66

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?

Won’t they get grounded the moment they touch down in controlled airspace? They can probably skirt that for a while but eventually the engines need refurbishment, and that likely requires OEM parts.

And of course any time you have to divert due to a flight emergency you lose that plane.

Re: Moscow retaliates against Western sanctions with export bans

#67

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…

If that means one less Russian tank in Ukraine so be it

Re: Moscow retaliates against Western sanctions with export bans

#68
post #36

Earlier quoted context omitted.

They’ve got plenty of opportunities with China.

For now. But we are already seeing a few chinks in that armor. China prizes stability. Countries that start wars over imagined slights do not promote stability. China's largesse is not unlimited nor does it ever come without a price.

Maybe… their relationship with North Korea pints too exceptions to that.

Re: Moscow retaliates against Western sanctions with export bans

#69

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…

Look to how North Korea is doing. They're also a client state of China. They (kinda) survive. Russia will too.

Re: Moscow retaliates against Western sanctions with export bans

#70
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?

“ Exporting telecom, medical, auto, agricultural, electrical and tech equipment, as well as some forestry products, will be banned until the end of 2022.”

I’ve purchased Baltic Birch plywood before that turned out to be manufactured in Russia. I’m not sure if that’s included under forestry product ban, but it would further impact pricing of sheet goods.

With that said, if Russia were to ban the export of specific metals (e.g. nickel), that would create chaos for auto manufacturers.

Post reply on HN