Russia and economic war by the west #2

India has taken exception to the “suggestion” by the US consulate in Mumbai that Russian ships should not be allowed at Mumbai port and has asserted to US that it is “India's sovereign right to deal with global partners on national interests”.

https://economictimes.indiatimes.com/news/india/india-objects-to-us-consulates-direct-letter-to-mumbai-port-authority/articleshow/92817818.cms?utm_source=twitter_pwa&utm_medium=social&utm_campaign=socialsharebuttons&from=mdr

The criminals agreed to stop engaging in the crime. There is nothing for EU-tardia to agree here. The move against
commercial transit to Kaliningrad was an outright attack on Russian internal economic activity as clearly described
in the relevant treaties signed by Lithuania and the EU. But we all know that the NATzO west does not respect treaties.
Every single treaty that the US signed with native Americans was broken by the US itself. The pattern persists and the
US treats those outside its minion plantation as yet more aboriginals to conquer and pacify.

Lots of goods move across Russian territory to reach the EU including the Baltic countries and there has been mention that if Russia can't send stuff to Kaliningrad then the Baltic states wont receive any goods or traffic at all from Asia coming through Russian territory, and also mention of cutting off all trade going to the EU including all gas... which clearly scared the bejesus out of Germany...

The European Commission has already stated that it is not conducting any negotiations with Russia regarding traffic to Kaliningrad. So it looks like the news was fake.

Seems the EU wants to back down, but Lithuania is US controlled and not EU controlled and they have not agreed to it.

The plan seems to be (as outlined to the Russians from EU) that in the next round of sanctions coming up shortly the sanctions will be clarified to not include goods moving through EU territory from Russia to Russia... like Kaliningrad and that place in Norwegian territory.

If Lithuania does not accept the changes (and they said they wouldn't) and the EU is publicly denying these changes are to be made, then Russia has a range of options for dealing with this... which would be the escalation the EU fears perhaps...

I suspect they will decide that if goods can't go from Russia to Russia then they wont go across Russia from Asia to the EU either...

And then of course there is the option of gas... further turning down the taps....

https://www.rt.com/business/558889-eu-kaliningrad-transit-sanctions/

(note the issue with supplies to that Russian outpost is already settled I believe... Norway wanted to cut them off completely which is quite dangerous considering they rely on supplies that far north... but the Russians mention reviewing the agreements that allowed the Russian outpost to be there in the first place and it seems the Russians were rather nice to Norway regarding those agreements and that if they wanted to renegotiate them Norway would seriously suffer from any changes made so all of a sudden the blocked supplies were already on their way and everything is fine... HAHHAHA)

https://www.rt.com/business/558889-eu-kaliningrad-transit-sanctions/

sepheronx wrote:Wasn't just cheap energy either. Huge amount of money came from also sale of vehicles and industrial equipment, along with fruits and vegetables to Russia. Russia is a large or was, consumer of luxury goods.

Oh well.

Even more.
Russia was accepting the euro as payment, so from a European perspective, those resources were almost free.
Plus, surplus was being kept on the European accounts, bringing up the liquidity of a whole EU banking sector, making it possible to increase the credit for its own internal market.
Europe has a serious resources deficit, energy is just one of them.
That is why the whole situation shall be considered a de facto economic war with Europe, unleashed not by Russia, but by the US.
The US does not face European problems, because they are self-sustainable in energy production - if they want of course.
The only way for Europe to achieve this is to turn back to coal. It will be expensive anyway, require a huge infrastructural investments EU lacks.
We live in interesting times, as the Chinese are saying.

ALAMO wrote:

sepheronx wrote:Wasn't just cheap energy either. Huge amount of money came from also sale of vehicles and industrial equipment, along with fruits and vegetables to Russia. Russia is a large or was, consumer of luxury goods.

Oh well.

Even more.
Russia was accepting the euro as payment, so from a European perspective, those resources were almost free.
Plus, surplus was being kept on the European accounts, bringing up the liquidity of a whole EU banking sector, making it possible to increase the credit for its own internal market.
Europe has a serious resources deficit, energy is just one of them.
That is why the whole situation shall be considered a de facto economic war with Europe, unleashed not by Russia, but by the US.
The US does not face European problems, because they are self-sustainable in energy production - if they want of course.
The only way for Europe to achieve this is to turn back to coal. It will be expensive anyway, require a huge infrastructural investments EU lacks.
We live in interesting times, as the Chinese are saying.

But to accept this the Eurocrats would need to recognize that Russia is not just a gas station.

Hole wrote:
But to accept this the Eurocrats would need to recognize that Russia is not just a gas station.

I have a strong feeling, that for a while, they would have problems with finding their own arses, using two hands, and in daylight. Not to mention recognizing it

New Deputy Prime Minister Manturov announced the preparation of counter-sanctions in a number of industries
https://t.me/levigodman/4077

T Boy!!!
@TobiAyodele
@GeromanAT
#China #Russia #DragonBear #dedollarization

20 Russian banks have now access to China's inter-bank payment system CIPS. More are expected to be connected in the future.
Traduzir Tweet

I have a strong feeling, that for a while, they would have problems with finding their own arses, using two hands, and in daylight. Not to mention recognizing it

Which is truly frightening considering the size of their arses.

Some resemblance to having a brain still exists in Brussels.

War Monitor
@WarfareReports
· 1h
EU foreign ministers agreed on a new package of sanctions against the Russian Federation, which does not contain additional bans on energy supplies

It also does not contain restrictions against Gazprombank, said Peter Szijjarto

Also

Spriteer
@spriteer_774400
· 2h
President of the Republic of Azerbaijan Ilham Aliyev is holding an expanded meeting with President of the European Commission Ursula von der Leyen

An important document - a document on energy security has been signed between European Union (EU) and Azerbaijan


GEROMAN -- The Zerbian - -
@GeromanAT
·
2h
I'm so happy that Europe has found a real democracy to solve their energy issues...

I didnt see this yet in this threat

I wonder it thsi wqas the reason to become deputy PM ?

Manturov called for a turn away from market-based industrial policy

The head of the Ministry of Industry and Trade Manturov called for the rejection of an absolutely market industrial policy

MOSCOW, July 15 - RIA Novosti. Minister of Industry and Trade Denis Manturov announced the need to turn from a market-based industrial policy to a policy of ensuring technological sovereignty.
He spoke about this, speaking in the State Duma, which is considering his candidacy for the post of new Deputy Prime Minister.
The Minister noted that by the end of this year, production in the manufacturing industry may be reduced by six percent, despite a significant increase in the defense sector. However, according to him, it is more important to consider not statistical data, but the challenges facing the industry as a whole.

"Today, we need to make a turn from an absolutely market-oriented industrial policy to a policy of ensuring technological sovereignty. First of all, to ensure the current supply of critical components," Manturov said .

In addition, he added, Russia will have to create new cooperative ties. Now his department is intensively doing this manually, together with companies and Russian trade missions abroad.

https://ria.ru/20220715/promyshlennost-1802658556.html


Finally someone said this loud: during war time you dont play a market economy. Otherwise no microelectronics or aircraft building industry ever kickstarts. Not to mention keep investing money.

JohninMK wrote:Some resemblance to having a brain still exists in Brussels.

War Monitor
@WarfareReports
· 1h
EU foreign ministers agreed on a new package of sanctions against the Russian Federation, which does not contain additional bans on energy supplies

It also does not contain restrictions against Gazprombank, said Peter Szijjarto

Also      

Spriteer
@spriteer_774400
· 2h
President of the Republic of Azerbaijan Ilham Aliyev is holding an expanded meeting with President of the European Commission Ursula von der Leyen

An important document - a document on energy security has been signed between European Union (EU) and Azerbaijan


GEROMAN -- The Zerbian - -
@GeromanAT
·
2h
I'm so happy that Europe has found a real democracy to solve their energy issues...

I know Russia still benefits from selling their natural gas westward but ffs the insufferable hubris needs to be shattered. The neolibs and neocons need to learn you cant just act so cavalierly and not get punished. Sanctioning a nation and openly supporting their opponents while saying "but we will buy your natural resources if that's okay thnx"

It has to stop

I think it is time for Russia to start responding to EU bans and sanctions by banning and sanctioning things the EU has so far refrained from banning and sanctioning because it knows it will hurt them more than it hurts Russia.

I think there needs to be open and clear reasons for each ban so if the west thinks Russia is going too far and they want them to not go through with these bans and sanctions they will know what to do...

For instance the current ban on all sports for Russian teams and teams from Belarus they might decide to ban the provision of all energy products from their companies or that cross their territory to all EU countries.

This would mean they can still deliver gas and other energy products to Turkey for instance, but not to Germany or Baltic states.

Of course sport is a bad example really... screw them... Russia should ignore the european leagues and european games and look to Asia and Africa and Central and South America for sporting competition and relations...

1. The National Oil Company of Iran announced the signing of a $40 billion strategic cooperation agreement with Gazprom. This is the largest foreign investment in the history of the Iranian oil industry.

2. 7 agreements have been concluded with Russian companies for the development of oil fields

3. Agreements were also reached on the construction of new export gas pipelines, facilitating the exchange of gas and oil products between the Russian Federation and Iran, and accelerating projects related to LNG.

7 agreements have been concluded with Russian companies for the development of oil fields "Northern Pars", "South Pars", etc. with a total cost of 4 billion dollars.

Arkanghelsk wrote:1. The National Oil Company of Iran announced the signing of a $40 billion strategic cooperation agreement with Gazprom. This is the largest foreign investment in the history of the Iranian oil industry.

2. 7 agreements have been concluded with Russian companies for the development of oil fields

3. Agreements were also reached on the construction of new export gas pipelines, facilitating the exchange of gas and oil products between the Russian Federation and Iran, and accelerating projects related to LNG.

7 agreements have been concluded with Russian companies for the development of oil fields "Northern Pars", "South Pars", etc.  with a total cost of 4 billion dollars.

Should have posted in this thread: https://www.russiadefence.net/t8753p75-russian-oil-and-gas-industry-news-4

This woman has a big future. From MoA poster

My highlight, she really nailed it there. Brilliant.

Maria Zakharova

State Department spokesman Ned Price said that a possible circumvention of anti-Russian sanctions or the provision of weapons by China to Russia would be "expensive" for Beijing.

Ned, just as "very expensive" as Saudi Arabia? Will you also make a pariah from Beijing? Think twice, because all the “pariahs” declared by Washington are only getting stronger, and then the United States bows to them. You will have to blush like the members of the American delegation during your meeting with the Crown Prince of Saudi Arabia bin Salman, when Joe Biden was asked: "Is Saudi Arabia still a pariah?"

Don't forget, Biden personally announced three years ago that he would "make the Kingdom pay the price and turn them into pariahs," and now, with an empty canister and an outstretched hand, he went to bow to Crown Prince bin Salman, who proved himself a statesman and in the name of world stability deigned to receive the president of an economically bankrupt country.

Ten years ago, US Treasury Secretary Timothy Geithner articulated wonderfully the reasons why the US does not declare bankruptcy: "I have to use various accounting tricks as measures to prevent default."

The American economy is supported only by American military bases where they exist, and the responsible behavior of truly independent countries where they are not. The United States spends more than it produces for many years. There is nothing to repay the debt of 30 trillion dollars. And everyone knows it. The fact that Washington is planning and carrying out coups d'état in various parts of the world, as former US national security adviser John Bolton recently spoke so frankly, does not mean any financial solvency.

I would compare, Ned, the political and economic systems of the United States and Britain with bankrupt aristocrats who mortgaged all their property several times, they owe everyone, but they can’t refuse a prosperous life. And their only salvation is the good attitude of those around them and the holders of their debts. Only you are not aristocrats. Yes, philistines.

Returning to China. Does the State Department want to make Beijing "pay a heavy price"? The problem is that, unlike the US, the People's Republic of China is creditworthy and can afford an independent policy based on responsible approach and true multilateralism.

Posted by: ostro | Jul 19 2022 9:36 utc | 199

owais.usmani wrote:

https://twitter.com/DagnyTaggart369/status/1549365015882375178

Russia should completely stop trait to the entire EU and leave them like that for a couple of years.
Start trade more with other regions and nations to compensate for the losses, but as long as EU is the US's little bitch Russia needs to treat it like a little bitch.

If a bad bitch doesn't behave she needs a bitch slap from time to time. I would go full Stalin on the EU and I am fully aware that my own ass will be hurt in the process, but that is what must be done.

Werewolf wrote:Russia should completely stop trait to the entire EU and leave them like that for a couple of years.
Start trade more with other regions and nations to compensate for the losses, but as long as EU is the US's little bitch Russia needs to treat it like a little bitch.

If a bad bitch doesn't behave she needs a bitch slap from time to time. I would go full Stalin on the EU and I am fully aware that my own ass will be hurt in the process, but that is must be done.

Big Reset will probably revolve around making trade and financial conditions so difficult at the global scale, that a new Breton Woods + debt jubilee is acceptable and even requested by starving nations. Russia + China need to raise up to this challenge and supply the Global South by means of energy, food and industrial production, plus the financial tools needed to trade and insure goods, means to transport them and the military needed to stop more than predictable piracy and destabilisation operations by the West (joint drills in Venezuela in August if I am not wrong...). Let the West starve and be the only ones resetting themselves, it will take little time before Westerners have the elites heads on pikes