Earlier quoted context omitted.
Nobody expected Russia to suddenly try to seize all of Ukraine. It went from nothing to suddenly surrounding the country in weeks, and even then people called the Biden admin nuts for saying Russia was going to do it. Then they did it. Nobody expected sanctions that cut Russia off from the world to an extent comparable only to North Korea. It's just something that people didn't imagine could happen to modern economie…
But it creates window of parallel systems. And it may end up weakening West control of global financial system. People think that by doing that Russia will suddenly leave Ukraine but they are not realising that that won't happen.
Yandex data center in Finland loses power due to contract termination
81–90 of 347 posts
Re: Yandex data center in Finland loses power due to contract termination
#82Earlier quoted context omitted.
How should they have known? Russia attacked both Georgia and Ukraine before, and the West never reacted in any meaningful way.
Yandex bought the land in 2013, so it was before the invasion of Crimea.
Re: Yandex data center in Finland loses power due to contract termination
#83Earlier quoted context omitted.
As far as I understood, their electricity contract did not expire, or at least that was not explicitly mentioned. The transfer company, which now cut them from the grid, was their electricity seller until the end of 2021, and from the beginning of 2022 they had another seller provide them electricity, but that has ended for reasons unknown. > "Hänen mukaansa aiemmin sähköä myi Yandexille Nivos Energia, mutta sopimus…
You're correct, though I wonder what the reason could be other than expiring. Thinking out loud, maybe they've had trouble paying due to money transfer issues between Finland and Russia. In any case it's not directly due to any sanctions as the company is not sanctioned.
Re: Yandex data center in Finland loses power due to contract termination
#84> at a current price of €2.175 per 1 liter What? €2175 per liter of diesel? Am I missing something? /edit: nvm I misinterpreted decimal point as a thousands seperator.
Re: Yandex data center in Finland loses power due to contract termination
#85Earlier quoted context omitted.
In his first term he delivered a number of useful economic reforms with a team of liberal economists. Taxes, land ownership, banking, bankruptcy etc. The economic block in the government remains very professional and impartial even now. The only thing Russia really needed to become a normal state was to reform judicial branch, police and security services.
That would be 20 years ago? And then he created up own Oligarchs groups. > Taxes, land ownership, banking, bankruptcy etc. The economic block in the government remains very professional and impartial even now. Russia has one of highest inequalities and quite poor population. It is also heavily corrupt. The macroeconomics works, but lower levels don't. > The only thing Russia really needed to become a normal state was…
Re: Yandex data center in Finland loses power due to contract termination
#86I would like to know why Yandex though that opening data centers in western counties would be a good idea. Surely they knew that, as a Russian company, if their government ever becomes aggressive, they'll also be targeted by sanctions.
Because the US government had been aggressive in the past and it had no problems opening and maintaining data-centers in countries which had openly been against that aggression (I'm thinking mainly about France&Germany vs the US invasion of Iraq in 2003). Where Yandex mis-calculated is that Russia (the country) is not a hegemonic power like the US is (militarily, economically and culturally) and as such it doesn't ha…
Re: Yandex data center in Finland loses power due to contract termination
#87I would like to know why Yandex though that opening data centers in western counties would be a good idea. Surely they knew that, as a Russian company, if their government ever becomes aggressive, they'll also be targeted by sanctions.
Re: Yandex data center in Finland loses power due to contract termination
#88Re: Yandex data center in Finland loses power due to contract termination
#89Earlier quoted context omitted.
Yandex bought the land in 2013, so it was before the invasion of Crimea.
But after Georgian invasion of 2008, and Chechen wars of 90s.
Same how the west also didn't care, that after WW2, the USSR occupied all of Eastern Europe, or that before that, Hitler occupied Austria and Sudetenland in Czechoslovakia.
Seems like there's a historically repeating pattern here where the amount of warmongering and territorial occupation you can get away with is directly proportional to to your military force and inversely proportional to the willingness of other states to go to war with you as the occupier. Just like how the US and its coalition got away scot free after bombing the shit out of Vietnam, the middle east and destabilizing North Africa. All we could do is "condemn it" and take in refugees.
Re: Yandex data center in Finland loses power due to contract termination
#90I would like to know why Yandex though that opening data centers in western counties would be a good idea. Surely they knew that, as a Russian company, if their government ever becomes aggressive, they'll also be targeted by sanctions.
Russia and Europe spent a lot of time and invested a lot of faith to building commerce, in both Europe and Russia the prevailing idea was that the interdependency is a force for peace and stability and it seemed to be mostly working for a while. (Also Russia is also a very risky business environment, so hedging...) (Also^2 Yandex is not under sanctions, the current outage doesn't seem to be about sanctions according…