Moscow retaliates against Western sanctions with export bans • Hacker News Board

Re: Moscow retaliates against Western sanctions with export bans

#21

Post by ocdtrekkie » Thu, Mar 10, 2022, 5:23 PM UTC

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…

I imagine global companies' Russian assets are a minimal overall percentage of their property. And I suppose something companies should assume is a risk when they do business under a dictator.

But I also think it's really interesting from a burned bridges standpoint: It's going to be super hard to get companies to come back or resume doing business with Russia ever again.

Re: Moscow retaliates against Western sanctions with export bans

#22

Post by Proven » Thu, Mar 10, 2022, 5:24 PM UTC

No post body was provided.

Re: Moscow retaliates against Western sanctions with export bans

#23

Post by whatever1 » Thu, Mar 10, 2022, 5:24 PM UTC

vbezhenar wrote: post #11

mrits wrote: post #7

Earlier quoted context omitted.

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.

They can conservate it for the better times.

They really need cash flow, they are on the brink of bankruptcy

Re: Moscow retaliates against Western sanctions with export bans

#24

Post by nomel » Thu, Mar 10, 2022, 5:24 PM UTC

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.

As has been the case for decades. Here's a paper from 2007: A need to cut EU-dependence on Russian gas

> The recent gas price 'confrontations' that Russia engineered with the Ukraine and Belarus have exacerbated European concerns in respect of energy supply security.

https://archive.nordregio.se/en/Metameny/About-Nordregio/Jou...

Re: Moscow retaliates against Western sanctions with export bans

#25

Post by errantmind » Thu, Mar 10, 2022, 5:24 PM UTC

whiskyant wrote: post #16

If every country refused to trade with Russia, would it become one of the poorest countries in the world?

This isn't what is happening nor what will happen, so why ask?

Re: Moscow retaliates against Western sanctions with export bans

#26

Post by sAbakumoff » Thu, Mar 10, 2022, 5:25 PM UTC

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.

how would they pay for the war if they don't sell gas to us in Europe?

Besides, the EU presented the plan to get rid of the RU gas dependency:

https://www.theverge.com/2022/3/8/22967244/european-union-ru...

Re: Moscow retaliates against Western sanctions with export bans

#27

Post by raverbashing » Thu, Mar 10, 2022, 5:27 PM UTC

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.

Oh they won't

Not to mention Russian gas is 30% of EU gas (on average), so it would be a crunch but not a cut-off

Unless they would like the Ruble going even lower.

Re: Moscow retaliates against Western sanctions with export bans

#28

Post by Onewildgamer » Thu, Mar 10, 2022, 5:29 PM UTC

jventura wrote: post #3

Western sanctions = Russia cannot spend money on western products Russian sanctions = Russia does not get any money from other countries That is good, right?

A correction Russian sanctions = Russia doesn't get any money from selling to western countries

Re: Moscow retaliates against Western sanctions with export bans

#29

Post by mrits » Thu, Mar 10, 2022, 5:29 PM UTC

vbezhenar wrote: post #11

mrits wrote: post #7

Earlier quoted context omitted.

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.

They can conservate it for the better times.

When this renewable energy fad fades out?

Re: Moscow retaliates against Western sanctions with export bans

#30

Post by sandworm101 » Thu, Mar 10, 2022, 5:29 PM UTC

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 agriculture just assumes parts and equipment can flow easily across borders. How soon before that too is locked behind sanctions?