The first, relatively minor European Union sanctions against Russia have already been imposed, but major new ones are expected early next week, aiming to “punish” Russia for not stopping Crimeans for voting to break away from the Ukraine.
There is a “long list” of possible sanctions under consideration, but while Western political leaders talk up the chance to really stick it to Russia, businessmen warn that the move is likely to spark Russian retaliation and a sanction war that harms both sides.
Russian MPs say they are readying sanctions of their own in response to such moves, and that asset seizures by the US and EU could result in similar asset seizures within Russia of companies from those nations.
Even things Russia doesn’t directly retaliate over, like a proposed Visa ban on CEOs for Russian energy giants, could greatly harm the ability of EU utility companies to secure needed natural gas supplies, and convince those companies that moves toward China and other eastern countries, already in their first tentative steps, are both safer and easier paths for export growth.
Vulture capitalism is ready to kill humanity, just two weeks ago they could do it in few seconds, they are ready now. We said it long time ago, Third World War is about the Second World War and First World War, Second World War is not finished yet, the governments that are not signed to that is USA and EU.
The reason for EU being occupied by US militarism is for that reason, so as japan and other nations.
USG is leading the way with the idea from Paul Wolfowitz in cooperation with new comers as Saudi kingdom, Swedish king, Israel, the Neo European fascism from Sweden to England and rest of Europe.
What a confused hash of words. It's like directly looking into a mind afflicted by schizophrenia.
Russia stops oil and gas deliveries to Euro-Disney NATO-land puppet quisling McStates: "sanctions" END.
Nevermind even that: the first Mercedes S class sale cancelled in Moscow and Merkel will be sucking Putin's kneecaps.
Pathetic.
Serious sanctions are akin to pulling one thread from a weave. As a consequence the weave will unravel. This time "the lights will go out on the world" unless President Obama come to his senses because he is the only one who can order the stop the current madness of the West and be obeyed.
One irony of this so-called crisis is that a solution via the Security Council of the UN is out of the question. Speaking about chickens coming home to roost!
A switch to the Chinese market would actually be very positive. China already dominates Siberia economically and, ultimately, the continued "white man's" rule over the non-European peoples of Siberia and the Caucasus is, as they say, on the wrong side of history. What effect sanctions would have on the EU is another matter (the Reuters report linked to is full of conditional verbs!). The EU is very strong on ecology and could easily make economies. That would require central decision-making by the Member States and would thereby strengthen the EU! In addition, recent oil and gas finds off Ireland are being developed and would give a whole new meaning to the idea of "green energy"! And, of course, a move away from oil and gas could well save the nuclear power industry, in trouble since Fukushima. Development of renewable energy sources would complete the package, and that too will require central decision-making at EU level. It's hard to see how the EU could come out of this badly!
The EU is very strong on ecology and could easily make economies. That would require central decision-making by the Member States and would thereby strengthen the EU!
BULLSHIT. The one thing the EU mainly has are enormous debts, a furious entitlement mindset and politicians promising the sky to get their votes. There is no way "economies" can be made, and I can tell you that "central decision making" is the last thing inhabitants of the socialistically enclined EU member states want. It's gonna kill the EU dead.
And, of course, a move away from oil and gas could well save the nuclear power industry
Reactors coming online in the EU? Calculate a 20-year lead time. Even if there were any kind of desire to do so. Which there ain't.
WTF is wrong with these people? Have they no idea what kind of repercussions they're going to instigate? I thought the Europeans had more sense than this – seeing as how they will be the first to have to deal with the results of tit-for-tat.
the sanctions will hurt Russia for sure more than the west. But whatever economic chaos and instability is born lies clearly at the feet of three western powers. There callous policies and treatment of Russia since collapse of the old Soviet Union was totally misguided. All that is happening now bears it’s fruits.