Sanctions on Russia

hiddeneagle98 said:The real reason everything is spiraling out of control right now boils down to speculators, people freaking out over nothing, and everyone trying to hoard supplies like it's the end of the world..

Sarah Mitchell2 said:These sanctions are a joke. The EU is basically banning everything except gas, which just means we'll end up paying a premium for it while Russia keeps enough cash flow to sell their resources elsewhere without breaking a sweat.

But hey, if they want to play dress-up, let them.

slyfox43 said:It just invites a swarm of speculators who will inevitably flip these goods at massive markups later.

That’s just how solidarity works in the "Russian world."

But then again, I shouldn't be surprised you'd latch onto that like a fly to... 🤣

That’s just how solidarity works in the Russian sphere—don't hold your breath.

How was I supposed to know you’d latch onto that like a fly on... 🤣

Sarah Mitchell2 said:These sanctions are a joke. The EU is basically banning everything except gas, which just means we'll end up paying a premium for it while Russia keeps enough cash flow to sell their resources elsewhere without breaking a sweat.

But hey, if they want to play dress-up, let them.

Terry Hernandez10 said:All 27 European Union member states have officially signed off on a ban regarding the import of Russian coal, timber, and vodka, according to reports from the AP.

Just wait until the Russians realize how much they're going to struggle without those exports.

Sarah Mitchell2 said:These sanctions are a joke. The EU is basically banning everything except gas, which just means we'll end up paying a premium for it while Russia keeps enough cash flow to sell their resources elsewhere without breaking a sweat.

But hey, if they want to play dress-up, let them.

Terry Hernandez10 said:All 27 European Union member states have officially signed off on a ban regarding the import of Russian coal, timber, and vodka, according to reports from the AP.

Just wait until the Russians realize how much they're going to struggle without those exports.

George Robinson43 said:They are so ridiculous that even Sergey Lavrov is now bringing up sanction relief during negotiations.
Unfortunately, selling oil at a discount isn't working out for them because, apparently, only India wants those 15 million barrels, and that's it. It’s highly doubtful they can actually deliver it all since finding tankers is getting difficult, and nobody is exactly lining up to sail alongside the Russians right now.
As a result, oil is piling up in storage, and production at the wells is starting to taper off.

Melissa Bailey5 said:Coal imports only make up about 3% of what the European Union brings in.
Most of that vodka actually comes from Finland. There was already a mess with that because consumers started boycotting it left and right without even realizing it wasn't even Russian.
Not sure about the timber situation.
With SWIFT, they managed to get it so that less than 50% of Finnish institutions are under sanctions.

Russia got kicked out of the UN Human Rights Council. I mean, they probably don't give a damn about that though...

This whole "step-by-step" approach just isn't working, I guess. You really gotta squeeze them hard if you want anything to happen.

rustynomad12 said:I actually think the exact opposite...
Every single sanction has its own ripple effect over time... it gives the opponent room to figure out the total damage and reorganize their goals. It's not an instant knockout blow, which could be super awkward for the "survival of Russia."
Plus, we've realized so many times before that certain people actually *want* Russia weakened like this—to prevent all this blood being spilled in Ukraine—so that the situation doesn't repeat itself in a few years and Russia somehow finds a weird way to toughen up and try again...
This war is all about attrition. In my opinion, Putin knows exactly what each sanction pulls him toward and exactly how much he's willing to endure... He isn't stupid, he isn't uninformed, and he isn't crazy. Tactics aren't his strong suit, but giving up? No way!
He’s going all the way, or settling for some hollow victory just to justify starting the war in the first place.
His chances are slim to none, so we just have to wait and pray that Ukraine stays well-equipped and brave... this isn't just going to stop overnight. When Biden says—ENOUGH, then it'll be enough.☕

Sarah Mitchell2 said:These sanctions are a joke. The EU is basically banning everything except gas, which just means we'll end up paying a premium for it while Russia keeps enough cash flow to sell their resources elsewhere without breaking a sweat.

But hey, if they want to play dress-up, let them.

Bryan Booth82 said:I disagree. That gas being sold to the European Union via pipeline? They can't just ship that anywhere else.
Germany pulls in about 66 billion dollars a year from gas sales alone, and another 106 billion from oil.

The word is Germany plans to stop importing oil this year and cut off the gas by 2024—at least, that's the official plan.
Best regards,

wearytrucker22 said:Nobody is going to pay a single extra cent for gas beyond what was already locked in before the invasion of Ukraine. We're talking prices stuck between $270 and $480 per 1,000 m3.

Sarah Mitchell2 said:Fair enough, but they're only selling gas to the EU. Which specific year does that 66 billion figure cover? What was the total back in 2021 versus what we're looking at for 2022? If it ends up being more than 172 billion, then those sanctions didn't actually do squat.

If it were up to me—even though I rely on gas for heat—I'd say shut it all down immediately. Prices are going up regardless.

So why the hell is gas getting more expensive then?

Then why is gas getting more expensive?

Keith Martin7 said:I saw this little joke in the Free Press the other day, set at a local farmers market:

Why is grandma buying extra cheese at the $27 market this morning?
- Because there's a war going on in Russia!
What does that have anything to do with you?
- What do you mean? Everything is getting more expensive, even gas prices are up.
Hold on a second, is your cow running on gasoline or grazing in a field?

I was scrolling through some local news site earlier and stumbled upon an interview with an olive oil producer. His logic? He’s planning to hike up his prices because sunflower oil has gone up, and he thinks it’s just plain unfair for olive oil to stay at the current rate.