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.
For the first couple of weeks, the sanctions weren't incremental at all. They fired everything they could without causing a massive meltdown in the EU economy. Freezing those foreign exchange reserves—that was basically their 'nuclear option' for regime change.
So, contrary to the current narrative, they actually tried to squeeze them hard right out of the gate. It didn't stick. Putin navigated through that initial shock, people started adapting, and the ruble stabilized.
Now, we're left with either tiny scraps or moves that would be devastatingly painful for the EU itself—there's no more 'low-hanging fruit' left.
Though, looking at the latest massacre, I suspect whatever remains of their rationality will snap, leading to a sudden stop on buying gas, oil, coal, uranium (basically anything) from Russia.
If it's all just a masquerade anyway, fine. 🕺