Sanctions on Russia

160 Russian names hit the European Union blacklist today: 14 oligarchs and 146 senators.

13:12
The European Union adds 160 Russian senators and oligarchs to its blacklist

Sam Alvarez4 said:160 Russian names hit the European Union blacklist today: 14 oligarchs and 146 senators.

13:12
The European Union adds 160 Russian senators and oligarchs to its blacklist

They're also ramping up sanctions against the Russian maritime sector and expanding the list of goods and technologies banned for export to Russia.

rowdytiger13 said:They're also ramping up sanctions against the Russian maritime sector and expanding the list of goods and technologies banned for export to Russia.

It’s necessary... from all angles... until those supporting them are completely neutralized...

Checking out all the chatter lately about how McDonald's is starting up this whole 'no fry zone' thing
😁😁😁

Sputnik
@Sputnik_Not
McDonald's introduces new 'no fry zone' meal for final day of operation in Russia

https://twitter.com/Sputnik_Not/stat...87776097165312

The Kid said:But just take a look at who’s actually buying it. It doesn't seem to bother the European Union one bit.

Oh, it bothers them, it just isn't a dealbreaker yet. But this is exactly where the cracks start to show:

Factbox: A look at Russia-China wheat, sunflower oil trade as Ukraine crisis rages

China expands wheat trade deal with Russia
China's winter wheat harvest seen "worst in history"
Russia eyes China's huge demand for wheat, vegetable oil
China could emerge as a major buyer for Russian wheat and sunflower oil as wide-ranging financial sanctions threaten Russia's agriculture trade flows to its traditional markets in Europe.
https://www.spglobal.com/commodity-i...e-crisis-rages

And that’s the thing—it's specifically China we're seeing here. I can't help but wonder where else these gaps might open up, whether it's in South America or Africa... goodness knows...

rowdytiger13 said:They're also ramping up sanctions against the Russian maritime sector and expanding the list of goods and technologies banned for export to Russia.

I can already see the types of people getting rich over there—traders dealing in car parts, heavy machinery, and all that other stuff.

I've heard Taiwan basically has a monopoly on certain chip production. I'm guessing they're also slapping sanctions on Russia? That should definitely make an impact!☕

The real question is, how much do these sanctions actually work if they can just buy everything through third parties that didn't sign on—like China, India, or Mexico...

https://twitter.com/UAEEmbassyUS/sta...14995074957318

Just a little shoutout for our buddy Ferdy, who was busy tossing around snacks all afternoon

The UAE is upping their oil and gas production quotas, and they’re planning to "lobby" the rest of OPEC to follow suit at the next meeting.
Wait, wasn't it the other way around? Like, the Arabs were done messing around with the USA... ☕

brightheron64 said:Oh, it bothers them, it just isn't a dealbreaker yet. But this is exactly where the cracks start to show:

Factbox: A look at Russia-China wheat, sunflower oil trade as Ukraine crisis rages

China expands wheat trade deal with Russia
China's winter wheat harvest seen "worst in history"
Russia eyes China's huge demand for wheat, vegetable oil
China could emerge as a major buyer for Russian wheat and sunflower oil as wide-ranging financial sanctions threaten Russia's agriculture trade flows to its traditional markets in Europe.
https://www.spglobal.com/commodity-i...e-crisis-rages

And that’s the thing—it's specifically China we're seeing here. I can't help but wonder where else these gaps might open up, whether it's in South America or Africa... goodness knows...

I don't really get the point here. As far as I know, Europe wasn't importing much from there anyway, yet the quote calls it a "traditional market." Their actual traditional market is North Africa, not the EU, and I'm not even sure if there are any sanctions over there. Besides, their wheat is low quality—supposedly mostly for livestock feed—so it isn't like they can just plug it into any market gap they find.

bluemason3 said:I don't really get the point here. As far as I know, Europe wasn't importing much from there anyway, yet the quote calls it a "traditional market." Their actual traditional market is North Africa, not the EU, and I'm not even sure if there are any sanctions over there. Besides, their wheat is low quality—supposedly mostly for livestock feed—so it isn't like they can just plug it into any market gap they find.

Look, S&P released this, I was simply copying what was already out there... 😁

On the other hand, do you really have the energy to get lost in those bizarre trading routes where it becomes nearly impossible to track who is selling to whom and why...

European Union Cereals Trade
2021/22 Marketing Year
July - November
https://circabc.europa.eu/sd/a/a1135...y-december.pdf

neonpuma30 said:I've heard Taiwan basically has a monopoly on certain chip production. I'm guessing they're also slapping sanctions on Russia? That should definitely make an impact!☕

The real question is, how much do these sanctions actually work if they can just buy everything through third parties that didn't sign on—like China, India, or Mexico...

It's the same story with North Korea.

Trust me, they'll be watching those orders like hawks, hunting for any anomalies and making sure to crack down on anyone trying to pull a fast one.

neonpuma30 said:I've heard Taiwan basically has a monopoly on certain chip production. I'm guessing they're also slapping sanctions on Russia? That should definitely make an impact!☕

The real question is, how much do these sanctions actually work if they can just buy everything through third parties that didn't sign on—like China, India, or Mexico...

https://www.ship-technology.com/spec...a-catastrophe/

The United States has more than doubled its commitment to aiding Ukraine. What began as an initial $4.8 billion package has now ballooned into a staggering $13.6 billion ready for deployment.

https://www.nytimes.com/live/2022/03...nitial-request

Anthony Hill5 said:The United States has more than doubled its commitment to aiding Ukraine. What began as an initial $4.8 billion package has now ballooned into a staggering $13.6 billion ready for deployment.

https://www.nytimes.com/live/2022/03...nitial-request

I suppose the real priority right now is just getting as much hardware on the ground as possible within the next 48 hours...

Amy Diaz222 said:Regarding these sanctions .... 🤔

It is truly fascinating to observe how—perhaps almost every single corporation from the "West"—

—is "withdrawing," "fleeing," "abandoning," ceasing operations, or relocating away from Russia.... 🤔

A massive amount of questions are being forced upon us here ....

For instance: are these corporations—many of them absolute giants—really "suffering" because of those Maidan-style "revolutionaries" in Ukraine, causing them to "capriciously" exit Russia and walk away from their business—

—or is this actually being ordered? 😁

If this is (as is likely) an order, then we have to ask who, how, why, where, and how much, among other things.... 🤔

----

Up until now, "business" hasn't exactly been known for being "sentimental" or "sensitive" enough to "capriciously" abandon massive investments and established markets... 😁

Business is incredibly sensitive to cancel culture. It's about stock prices. This isn't Russia, where everything happens because of some top-down command.

hiddeneagle98 said:more talk about sanctions...

It’s almost (personally) unbelievable / if this actually turns out to be true....

It’s well known—maybe even most famously reported—that Western media outlets have been covering 'how BMW shut several factories in Germany, Austria and Britain because of parts shortages... 🤔

The New York Times - https://www.nytimes.com/2022/03/07/b...ina-trade.html

'''Within Days after Russian troops crossed into Ukraine, BMW shut several factories in Germany, Austria and Britain because of parts shortages. General Motors suspended production at multiple locations, including its Detroit plant and a factory in Flint that produces Electric vehicles, including ID.4 S.U.V.s, which are exported to the United States. Tesla, a unit of General Motors, idled a factory in Atlanta that makes Cayenne sport utility vehicles. Ford said that it had adjusted shifts at some locations but that all its factories were running.... '

bolded / 'Within days after Russian troops crossed into Ukraine, BMW shut several factories in Germany, Austria and Britain because of parts shortages.../

Just a few days after the conflict kicked off— several plants in Austria, Germany, and England were shuttered because they couldn't get parts... 🤔

General Motors 'shut down' their main plant / General Motors suspended production at multiple locations, including its Detroit plant and a factory in Flint

They also mention Ford and Tesla, which is part of General Motors

If this is actually legit—

—it looks like that 'legendary' contingency planning wasn't exactly operating at a high level.... 🤔

(Maybe this American journalist is just full of it... 😁 )

The whole thing comes down to wiring harnesses—the main electrical cable assemblies in a car—which are produced in Ukraine; I believe that accounts for about 7% of their GDP or 7% of their exports. All those cables are made there. It clearly wasn't a smart move on their part, but honestly, this isn't really a byproduct of sanctions; it's a direct result of the Russian invasion, something the Americans apparently didn't see coming at all. You can see it right here, from a week ago.
https://www.reuters.com/business/aut...rs-2022-03-02/

So, the Russians have already played everyone quite nicely. I'm not surprised these guys are losing their minds.

It's just more proof of how "brilliant" Germany is—or should I say, how incredibly foolish they've been. This whole crisis hitting the German auto industry boils down to one thing: they tried to cut corners to save a few bucks and became totally dependent on everyone else. Now, the bill has finally come due.
Those much-talked-about chips? They could have easily been manufactured right there in Germany, but no, they decided to outsource everything to China just to shave off some costs... and now that the supply has dried up, what do they do? Suddenly, they're scrambling to build factories back in Germany.

Just yet another piece of evidence regarding German intelligence—if you can even call it that...

I mean, look at Porsche and Mercedes over in Stuttgart; they're being forced into Kurzarbeit, basically sitting around on government-subsidized downtime. It happened in 2021, and now here we go again...

They claim they want to slap sanctions on Russia, but they can't actually pull it off because they're too addicted to Russian resources... it doesn't work like that, does it? You can't try to sit on two different chairs at once without falling over.

Whatever—take all that righteous fury you've got regarding vaccines, ecology, and gays, and put it to good use: turn off the gas and crack a window. Justice doesn't win without a little sacrifice.

hiddeneagle98 said:The whole thing comes down to wiring harnesses—the main electrical cable assemblies in a car—which are produced in Ukraine; I believe that accounts for about 7% of their GDP or 7% of their exports. All those cables are made there. It clearly wasn't a smart move on their part, but honestly, this isn't really a byproduct of sanctions; it's a direct result of the Russian invasion, something the Americans apparently didn't see coming at all. You can see it right here, from a week ago.
https://www.reuters.com/business/aut...rs-2022-03-02/

So, the Russians have already played everyone quite nicely. I'm not surprised these guys are losing their minds.

There was actually a similar scandal involving cable factories in Mexico, where they were reportedly asking workers to wear diapers or something along those lines...

It really seems like they are just looking for cheap labor at any cost, doesn't it?

nimbleranger52 said:It's just more proof of how "brilliant" Germany is—or should I say, how incredibly foolish they've been. This whole crisis hitting the German auto industry boils down to one thing: they tried to cut corners to save a few bucks and became totally dependent on everyone else. Now, the bill has finally come due.
Those much-talked-about chips? They could have easily been manufactured right there in Germany, but no, they decided to outsource everything to China just to shave off some costs... and now that the supply has dried up, what do they do? Suddenly, they're scrambling to build factories back in Germany.

Just yet another piece of evidence regarding German intelligence—if you can even call it that...

I mean, look at Porsche and Mercedes over in Stuttgart; they're being forced into Kurzarbeit, basically sitting around on government-subsidized downtime. It happened in 2021, and now here we go again...

They claim they want to slap sanctions on Russia, but they can't actually pull it off because they're too addicted to Russian resources... it doesn't work like that, does it? You can't try to sit on two different chairs at once without falling over.

And here's another thing to chew on. Car manufacturers haven't stopped because of sanctions; they've stopped because the Russian invasion of Ukraine shut down Ukrainian wire harness factories. Those cables account for about 7% of Ukraine's GDP. It's that exact mess that led to the sanctions being slapped on the Russians in the first place. These geniuses essentially caused their own downfall—by having a war disrupt production in Ukraine, they crippled production in Germany too, and now they're acting shocked that the US and others are pushing for sanctions. They spent years obsessively cutting costs, and now they're hemorrhaging money just to distance themselves from Putin, because what other choice do they have? Continue doing business with an idiot like him?