We'll see. It all takes time to divert oil and gas destined to someplace else. Then there is the cost factor as oil prices rise. I doubt if europe will push it too far, especially if Russia threatens to cut off the oil and gas.
The World has plenty of sources of oil and gas.
A little rationing to get by blockading of ALL Russian goods wouldn't hut the World.
But it would hurt Russia, deeply.
And the G-7 could reform in June .
We'll see. It all takes time to divert oil and gas destined to someplace else. Then there is the cost factor as oil prices rise. I doubt if europe will push it too far, especially if Russia threatens to cut off the oil and gas.
That's correct Pero.....which if they tried the Sanctions. It hurts the EU and not just Russia. Which then the EU wont want to pay all those Royalties that Putin will surely place into effect.
Russia sets Ukraine agenda with diplomacy, threats
Hague said "the world cannot just allow this to happen." But he, like other Western diplomats, ruled out any military action. "The U.K is not discussing military options. Our concentration is on diplomatic and economic pressure."
Market reaction to the Russian seizure of Crimea was furious Monday. In European trading, gold and oil rose while the euro and stock markets fell. The greatest impact was felt in Moscow, where the main RTS index was down 12 percent at 1,115 and the dollar spiked to an all-time high of 37 rubles.
Russia's central bank hiked its main interest rate 1.5 percentage points Monday to 7 percent, trying to stem financial outflows.
Gazprom, the Russian energy giant, was also big loser, its share price down 13 percent as investors worried about how it would get its gas to Europe if hostilities kept up, since much of it goes through Ukrainian pipelines.....snip~
Russia sets Ukraine agenda with diplomacy, threats - NewsTimes
Are you really saying that sanctions didn't affect Iran?Look at Iran, sanctions hasn't done a thing there. North Korea, Cuba, etc.
I personally suspect there are a good many people in positions of power who do not want us to have an edge, in the arena of geopolitical power, but would rather us just be essentially impotent at wielding any influence whatsoever. We are gradually reducing ourselves to irrelevancy in any significant manner.
Russia can't afford to cut into their profits.
Only in your own mind. But I digress...
While I firmly believe Putin has overstepped his bounds, I have to ask those who are insisting that the Obama Administration take stronger action beyond imposing sanctions against Russia, what exactly do you think should be done?
And let's remember this: Other than Granada, Reagan never fired a shot at any other country, not even a single bullet in Russia's direction throughout the Cold War era. He got others to do it albeit very underhandedly (i.e., Iran/Contra...stinger missles smuggled into Pakistan so that the Afghan rebels could fight a more definitive war against their Russian invaders). Clinton eventually decided to take military action against the Kurds in Kosovo, but only with unilateral support. The only time Bush I led an attack against another country during his Presidency was when the Kuwuiti Prince asked for his help directly. And we all know what a mess GWB made with his pre-emptive strike against Iraq.
So, I ask you folks, what exactly is Pres. Obama to do at this point considering that not one shot has been fired from a Russian gun aimed at a Ukrania citizen or its military? I get that Putin is taking similar actions as Hilter did when he invaded Poland and its citizens gave up without a fight. It's history somewhat repeating itself here. But again, other than marshalling international support and isolating Russia still further, what other action would you suggest be taken at this point?
But I just read Helix tell me to let the EU take care of itself.It'd hurt the hell out of the EU and just how are they going to blockade goods? How are they going to take any UN action? The membership won't ever vote for it and Russia is on the security council and has veto power.
Once again, just how to you suppose those sanctions are to be put in place?
Then you are against what one wing of the GOP is publicly calling for?I think you put too much faith into the IMF.
Sanctions rarely work especially if one is a tough dictator who is willing to put his countries people through heck.
Are you good with a dozen GOP war-mongers shooting off their mouths, playing into Putin's hands?A reasonable suggestion might be that he and Kerry just STHU.
Two things, again remembering that I'm not at all a patriot...
But I just read Helix tell me to let the EU take care of itself.
Since you're telling me what the EU can't do, what can they do?
Can you answer without blaming Obama, which GOP war-mongers did today ?
Yep. They have as much of a right to war monger since they're elected as any left wing wingnut shooting their mouths off about anything else. It's freedom of speech, not freedom of speech you agree with.Are you good with a dozen GOP war-mongers shooting off their mouths, playing into Putin's hands?
I wish they wouldn't, for their own sakes - no one elses. But they have the freedom to spout off and threaten while looking foolish and certainly have done so.Are you saying this Putin crisis is another event when the POTUS and SoS are not allowed to speak ?
Are you good with a dozen GOP war-mongers shooting off their mouths, playing into Putin's hands?
Are you saying this Putin crisis is another event when the POTUS and SoS are not allowed to speak ?
Just want to be sure to separate myself from those that are so patriotic as to be blind to the realities of USA. And you're right, I hate bullies, and USA is nothing anymore if not a bully. So my observations and opinions are reality, not dedication to the country. Should say, some of our extreme conservatives had posted similar, it would mostly be patriotism, forgive me if I don't want to accidentally get in an ilk such as that.Three times you've said this! I don't think you have to worry about being confused for a patriot.
Would you prefer war as GOP war-mongers did in Syria ?
The Syrian situation isn't this situation. And your partisan hate aside, I've already made it clear here that I am not at all for the US intervening here.
You still haven't answered the questions though - those sanctions you suggest, just how to you suppose those sanctions are to be put in place? By whom. And the blockade you suggested, who is going to do that and how?
Just want to be sure to separate myself from those that are so patriotic as to be blind to the realities of USA. And you're right, I hate bullies, and USA is nothing anymore if not a bully. So my observations and opinions are reality, not dedication to the country. Should say, some of our extreme conservatives had posted similar, it would mostly be patriotism, forgive me if I don't want to accidentally get in an ilk such as that.
No one has provided me with freedoms I couldn't have gotten in dozens of other countries that don't have the outrageous outflow of tax dollars to the MIC.Don't worry, I expect you to take the most anti-American attitude and viewpoint available. Of course you are doing this while benefiting form to freedoms these "patriots" win for you, but it's par for the course for someone with your character.
Are you good with a dozen GOP war-mongers shooting off their mouths, playing into Putin's hands?
Are you saying this Putin crisis is another event when the POTUS and SoS are not allowed to speak ?
NATO is nothing but an excuse to do nothing. It is a defense negative. A joke. It would be far better to tell every NATO country "defend yourself" and we'd decide if anything happened if wished to involve. This would force them to built up far more than now.
Why do we defend Germany? That's nuts. They are the richest country in Europe. Spend their own money. Develop their own military. They don't back us up on anything anyway.
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