11–20 of 143 posts
Earlier quoted context omitted.
If they extend them to gas, we Euros are fucked hard.
They can't redirect a gas pipeline. If they sell it to Asia instead they will have a much higher overhead in transportation. Then they'd have to deal with the leverage that Asia has over little competition.
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…
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?
- Wheat exports: 17.6% of the global wheat exports are from Russia, 8% are from Ukraine which may fall under Russia control. [1]
- Potash exports (fertilizer): Russia and Belarus and #2 and #3 in global exports of potash. [2]
- Gas: Russia supplies roughly 40% of the EU's gas [3]
[1] https://www.worldstopexports.com/wheat-exports-country/
[2] https://www.nrcan.gc.ca/our-natural-resources/minerals-minin...
[3] https://fortune.com/2022/03/08/eu-russian-gas-supply-wean-bl...
Western sanctions = Russia cannot spend money on western products Russian sanctions = Russia does not get any money from other countries That is good, right?
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 out but I don't know enough about all of this to understand how much value they lose when their capital in a country is simply taken from them outright...
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?
Russia and Ukraine generate a quarter of the world's grain, and nearly as much so of corn. Ukraine was pretty much written off for this season, but Russia shutting off grain exports is going to make things worse. However, it's yet another loss of income for them when they've already lost most of their oil/gas export income. My guess is that the grain and corn will go to China. The US pays a lot of farmers to sit on t…
They generate a quarter of the grain export. That's a very important difference. Russia stopping wheat exports would be a very bad thing, but it's not nearly as catastrophic as some present it to be.
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?
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.
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.