In a bold move that has sent ripples through the global financial community, the United States House of Representatives has passed legislation that could pave the way for the confiscation of billions of dollars in frozen Russian assets.
Continue reading The Global Gambit: Unraveling the Complexities of Russian Asset ConfiscationTag Archives: economic sanctions
4 Signposts of American Collapse Which Also Occurred in the USSR
In thinking through the (for now) gradually unfolding collapse of the American empire, the collapse of the USSR, which occurred close through three decades ago, continues to perform as a goldmine of useful examples and analogies.
Continue reading 4 Signposts of American Collapse Which Also Occurred in the USSRRuble Rising in the Face of Sanctions
The Russian ruble has been stabilizing against the US dollar and euro, after a record drop amid Ukraine-related sanctions’.
Continue reading Ruble Rising in the Face of SanctionsWestern Gov’ts & Businesses are About to Feel the Heat of Chinese Countermeasures
The days when the US and its allies could sanction those they dislike with impunity are over. A new “counter-sanctions” bill from Beijing sets the legal framework to hit them back hard where it hurts, financially and commercially.
Continue reading Western Gov’ts & Businesses are About to Feel the Heat of Chinese CountermeasuresStop Buying Iranian Oil or Face Sanctions | Trump told China
In more than one occasions, the US President Donald Trump has tweeted about how much he loves the Iranian people, and even prodded Iran government to not kill them while doing the protests against everything bad about the country. Covertly, he also pressured China not to buy oil from Iran, as part of the US-China trade deal.
Continue reading Stop Buying Iranian Oil or Face Sanctions | Trump told ChinaHow the US Creates ‘Sh*thole’ Countries
In two years, the world has become accustomed to being shocked by the words and actions of United States President Donald Trump. In January of this year, he again showed his lack of diplomacy, tack and common decency, when he referred to many poorer countries as “sh*ithole countries”, asking, “Why do we want all these people from sh*thole countries coming here?” Continue reading How the US Creates ‘Sh*thole’ Countries
Deep State on Death Throes After Massive Multi-pronged Attacks
What has been leaked 10 years ago about a global effort to establish a new financial system, i.e. global reset involving sovereign wealth based currencies for global exchange that would trim down the unwarranted power of the bankers who kept on fomenting wars everywhere, is now fast becoming a reality. Continue reading Deep State on Death Throes After Massive Multi-pronged Attacks
Imagine What Would Happen if China Decided to Impose Economic Sanctions on the USA?
In June, Washington threatened Beijing with a sanctions regime, in response to China’s increased bilateral commodity trade with North Korea. Initially, the US sanctions were not intended to be against the Chinese government: selected Chinese banks and trading companies involved in the financing of China-DPRK commodity trade would be potential targets of US reprisals. Continue reading Imagine What Would Happen if China Decided to Impose Economic Sanctions on the USA?
We’ll Fight Back U.S Sanctions – Venezuela
Venezuelan President Nicolas Maduro has accused the US of trying to “defeat” and “intervene in” his government, after Washington labeled Caracas a national security threat and implemented sanctions against seven of its officials.
Continue reading We’ll Fight Back U.S Sanctions – Venezuela
China to Bail Out Finland Pork Industry
China’s soft power continues to gain ground…
Although China can surely produce and supply its own need for pork, she opted to buy them from far-off Finland, a country which complied with the Cabal’s economic sanction against Russia, and subsequently suffered from the latter’s retaliatory ban against European products.
Continue reading China to Bail Out Finland Pork Industry
When Economic Sanctions Backfire
The only other option is to trigger war, and that’s how a typical bully behaves.
Sanctions bite-back: Bickering, EU infighting over Russia retaliation
Edited time: August 11, 2014 10:55
China to start direct sales of fruit and vegetables to Russia
Poland asks US to buy apples banned by Russia
Greek members of the European Parliament demanded Sunday that the EU cancel sanctions against Russia. MEPs Kostantinos Papadakis and Sotiris Zarianopoulos said in a letter to some senior EU officials that Russia’s ban on food import from the EU, which was Moscow’s response to anti-Russian sanctions, was ruinous to Greek agriculture.
“Thousands of small- and middle-sized Greek farms producing fruit and vegetables and selling them primarily to the Russian market have been hit hard now as their unsold products are now rotting at warehouses,” the letter said.
The MEPs are representing the Communist Party of Greece and blame the EU leaders and their own government for supporting what they called “an imperialist intervention by the US, the EU and NATO” in Ukraine at the expense of good relations with Russia.
Greece is one of the EU members hit hardest by the Russian import ban, partially due to its economy still being in turmoil. Greek farmers stand to lose an estimated 200 million euro in direct damages due to Russia’s move, with more long-term consequences expected even if year-long ban is not renewed on expiry. The producers may find it very hard to win back the market share they had before the ban as non-affected countries would certainly weight in.
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Europe Furious That Putin Dares To Retaliate To Sanctions, Blames Economic Slide On Kremlin
Submitted by Tyler Durden on 08/07/2014 10:14 -0400
Continue reading When Economic Sanctions Backfire