Steven25's Blog

Hier ist eine Konversation, die Sie interessieren könnte!

Martin Zeis postet
12:14

www.zerohedge.com/news/2014-09-17/guest-post-us-eu-russia-sanctions-puzzle

The US-EU-RUSSIA Sanctions Puzzle

by Pepe Escobar — RT, Sep 17, 2014

Whatever Russia does, doubt does not even enter the equation. The answer is sanctions. So here we go again. The US Treasury-EU latest sanction package targets Russian banking, the energy industry and the defense industry.

The sanctions are mean. The sanctions are nasty. And there’s no euphemism to describe them; they amount to a declaration of economic war.

Sberbank, Russia’s largest won’t be able to access Western capital for long-term funding, including every kind of borrowing over 30 days. And the current 90-day lending bans affecting six other large Russian banks – a previous sanctions package – will also be reduced to 30 days.

On the energy front, what the US-EU want is to shut down new Russian exploration projects in Siberia and the Arctic, barring Western Big Oil from selling equipment and technology to offshore, deepwater or shale gas projects.

This means Exxon and Shell, for instance, are frozen in their operations with five top Russian oil/gas/pipeline companies: Gazprom, Gazprom Neft, Lukoil, Surgutneftegaz, and Rosneft.

No one ever lost money betting on the stupidity of the usual, unknown “senior US officials” – who are now spinning the latest sanction package is to force Moscow to “respect international law and state sovereignty.” A cursory examination of the historical record allows this paragraph to be accompanied by roaring laughter.

And then there’s the US Treasury’s Under Secretary for Terrorism and Financial Intelligence, David Cohen, who insists the package will further “isolate” Russia from the global financial system.

The package was also described by Western corporate media as capable of “unnerving already jittery financial markets.” Well, they were not exactly “unnerved.” In Russia, the stocks of companies on the sanctions list went up. In the US, energy stocks went down. Short translation; the “unnerved” markets interpreted the latest package as yet another own goal by Washington and Brussels.

Splitting up Eurasia (…)

About that $20 trillion (…)

Russia has a huge surplus of foreign capital – and is able to weather the storm. Germany – the EU’s top economy – on the other hand, is already suffering. Growth is already at a negative 0.2%. This is the way the hysterical sanction wind is blowing – further derailing EU economies. And no one is betting the EU will have the balls to stand up to Washington. Not in vassal-infested Brussels. – emphasis, zerohedge –

Full text see attachment (pdf-file) and URL: www.zerohedge.com/news/2014-09-17/guest-post-us-eu-russia-sanctions-puzzle