Congressional sanctions against Russia

POSTED BY: SIGNYM
UPDATED: Thursday, June 20, 2024 18:51
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SIGNYM

Tuesday, August 8, 2017 2:31 AM

Merkel Threatens To Punish Trump Over Russia Sanctions

German Chancellor Angela Merkel has threatened to punish the Trump administration over their ‘illegal’ sanctions against Russia.

Germany has urged European Union ministers to consider harsh sanctions against the United States for violating international law following penalties imposed against Moscow.

Rt.com reports: “We consider this as being against international law, plain and simple,” Brigitte Zypries told the Funke Mediengruppe newspaper chain.

“Of course we don’t want a trade war. But it is important the European Commission now looks into countermeasures,” she added.

According to the minister, “the Americans can not punish German companies because they operate economically in another country.”

http://yournewswire.com/merkel-punish-trump-russia-sanctions/

Russia To Cut Dependence On U.S. Dollar, Payment Systems

Russia will speed up work on reducing its dependence on U.S. payment systems and the dollar as a settling currency in response to U.S. sanctions, Deputy Foreign Minister Sergei Ryabkov said on Monday.

Quoted by Reuters, Ryabkov said that "we will of course intensify work related to import substitution, reduction of dependence on U.S. payment systems, on the dollar as a settling currency and so on. It is becoming a vital need." The reason for that is that "the US is using its dominating role in the monetary and financial system to impose pressure on foreign business, including Russian companies.”

As a reminder, three years ago the MasterCard payment system stopped serving clients of seven Russian banks without warning after Washington imposed its first set of sanctions on Moscow in 2014. In response, the Russian government ordered the creation of a national payment system. With the support of the country's banking system, the Mir charge card was introduced in 2015, although there is no information on what its adoption rate has been in the following years.

Russia’s Mir credit card to go European #SPIEF https://t.co/DeP9WneJus pic.twitter.com/BYMg99X2wC

— SPIEF (@SPIEF) September 27, 2016

As we discussed previously, as part of the latest set of Russian sanctions the US has imposed new restrictions on the Russian banking and energy sectors: the ban targets already sanctioned Russian firms, limiting the financing period for them to 14 and 60 days. Additionally, the new law will punish individuals for investing more than $5 million a year or $1 million at a time in Russian energy export pipeline projects or providing such enterprises with services, technology or information support, a provision that has drawn strong condemnation from Washington's European allies.

US energy companies criticized the tightening of already existing sanctions as damaging for business. At the same time, the European Union expressed concerns the new penalties may undermine the bloc’s energy security. European Commission head Jean-Claude Juncker pledged to prepare an “adequate” response and “within days” if the measure hurt the interests of European companies. So far Europe has to elaborate on what, if any, retaliation to the sanctions it will unveil.
http://www.zerohedge.com/news/2017-08-07/russia-cut-dependence-us-doll
ar-payment-systems

Indonesia Will Barter Coffee, Tea And Palm Oil For Russian Fighter Jets

On Monday Russia warned that it would begin aggressively reducing its dependence on the US Dollar and US-based payment systems, and shortly after it confirmed just that when Indonesia announced that it will barter coffee, palm oil, tea and various other commodities in exchange for 11 Russian-made Su-35 fighter jets, calling U.S. and European sanctions against Russia "an opportunity to boost the Southeast Asian nation's trade."

The Indonesian Ministry of Trade said that a memorandum of understanding for the barter was signed Aug. 4 in Moscow between Russia's Rostec and PT. Perusahaan Perdagangan Indonesia, both state-owned companies. “This barter under the supervision of bot

THGRRI

Tuesday, August 8, 2017 2:35 AM

Yeah that's going to hurt. Russia has an economy the size of Italy.

SIGNYM

Tuesday, August 8, 2017 6:25 PM

Quote:
Originally posted by THGRRI:
Yeah that's going to hurt. Russia has an economy the size of Italy.

Then what is the MSM so afraid of?

-----------
By the way, GSTRING, I predicted your response PERFECTLY
* ... and then you'll say I'm "too wordy". And then you will - as always- refuse to address the pertinent points, and respond with even more lies and even more bullshit personal attacks.*

And voila! Here it is http://www.fireflyfans.net/mthread.aspx?bid=18&tid=61835&mid=1
035581#1035581

THGRRI

Tuesday, August 8, 2017 6:40 PM

Quote:
Originally posted by SIGNYM:
Quote:
Originally posted by THGRRI:
Yeah that's going to hurt. Russia has an economy the size of Italy.

Then what is the MSM so afraid of?

You keep asking why is this one or that one so afraid of Russia. The response is always the same. They and we are not. Russia's like a child throwing a tantrum because nobody wants to play with them anymore. We've decided enough is enough. So were're giving them a smack. Like a child, they and you are winning about it.

SIGNYM

Tuesday, August 8, 2017 7:38 PM

Quote:
Yeah that's going to hurt. Russia has an economy the size of Italy.- THUGR]

Then what is the MSM so afraid of? - SIGNY

You keep asking why is this one or that one so afraid of Russia. The response is always the same. They and we are not. Russia's like a child throwing a tantrum because nobody wants to play with them anymore. We've decided enough is enough. So were're giving them a smack. Like a child, they and you are winning about it.- THUGR

I think the word you're looking for is "whining".

By the way, son, why do you always reduce events to kindergarten-level analogies? Is that all you mind can handle?

-----------
By the way, GSTRING, I predicted your response PERFECTLY
* ... and then you'll say I'm "too wordy". And then you will - as always- refuse to address the pertinent points, and respond with even more lies and even more bullshit personal attacks.*

And voila! Here it is http://www.fireflyfans.net/mthread.aspx?bid=18&tid=61835&mid=1
035581#1035581

JAYNEZTOWN

Monday, June 17, 2024 11:04 PM

The USA, North America, Europe, Japan, Australia, New Zealand working

the rest of the world, Latin America, Africa, the Middle East and Asia ignores

Here are all the countries that have signed the declaration on Ukraine

https://twitter.com/jurgen_nauditt/status/1802343221084766474

maybe one could add Yemen, Palestine, Israel, the Saudi and Iranian into all this

Cold War 2.0? The Global Economic Impact of Sanctions Against Russia | WSJ

JAYNEZTOWN

Thursday, June 20, 2024 6:51 PM

EU agrees new sanctions on Russia, targeting LNG for the first time

https://www.euronews.com/my-europe/2024/06/20/eu-agrees-new-sanctions-
on-russia-targeting-lng-for-the-first-time

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