Yandex data center in Finland loses power due to contract termination

Post by freeone3000 » Wed, May 04, 2022, 1:16 PM UTC

freeflight wrote: post #214

jeroenhd wrote: post #204

Earlier quoted context omitted.

It should be said that the European Yandex probably uses euros as well, though I'm not sure if their European income is significant. You can visit their tax evasion office over at Schiphol Boulevard 165, 1118 BG Schiphol, The Netherlands, right next to Schiphol Airport. If their European counterpart isn't profitable or their tax evasion setup routes all funds through Russia then they may have trouble paying, but I th…

> I think it's more likely that the political situation of the war itself is to blame. The ban on paying in ruble is also a political decision, pretty much the whole Western response to Russian military action in Ukraine has been solely political to a hypocritical degree. I don't remember the world banning the US dollar as a valid payment option over the invasion of Iraq, even tho that would also have been a very apt…

Post by JumpCrisscross » Wed, May 04, 2022, 1:19 PM UTC

skissane wrote: post #46

fosk wrote: post #35

Earlier quoted context omitted.

This war has proven that as long as national interests are strong enough, those economical ties most likely won't last..which is a scary precedent for Europe in general.

Russia has a lot of special characteristics which most other European states lack: (1) huge population and area; (2) permanent member of UN Security Council; (3) accepted nuclear weapons state with one of world’s largest nuclear arsenals; (4) superpower with a massive multi-decade empire only 3-4 decades ago. Few other European states have any or all of these characteristics; UK and France probably come the closest,…

Post by Gravityloss » Wed, May 04, 2022, 1:20 PM UTC

nicce wrote: post #17

Article is misleading. Yandex is not part of the sanctions yet. Electricity was cut simply because they failed to make a new contract. Finnish source: https://www.hs.fi/kotimaa/art-2000008786328.html

Post by gg82 » Wed, May 04, 2022, 1:30 PM UTC

mellavora wrote: post #62

ejanus wrote: post #50

Earlier quoted context omitted.

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.

May. But Russia's only export of value is gas. Get China and India to go all-in on renewables, while getting a soft agreement with them that future gas purchases from Russia will cost them in other ways, and the question is who would want to join Russia's parallel system? Didn't say my suggestion is easy or likely or without risk. It would take some really careful diplomacy. but it is feasible.

Post by burmanm » Wed, May 04, 2022, 1:32 PM UTC

anonymfus wrote: post #104

Ndymium wrote: post #24

Earlier quoted context omitted.

Yep, their electricity sales contract ~~expired~~ (EDIT: ended for unspecified reasons) and they don't have a new contract. Their electricity transfer contract is still valid because their Finnish company is not a part of sanctions. (Electricity sales and transfer is separate in Finland.) When they get a new electricity sales contract, then the transfer company will reconnect power. I think the only matter here relat…

> I think the only matter here related to the war could be that electricity sales companies might be reluctant to sell a contract to them, due to PR reasons. But I bet one of them will, and they will get their power back Not necessary, as actual engineers and electricians working for such companies could also refuse to make that connection. Also it's likely that sanctions will be more severe soon as Russian troops wi…