Sep 15

russian-response-sanctions-cars

Russia may restrict import of Western cars, clothes in new sanctions tit-for-tat (RT, Sep 12, 2014):

Imports of Western cars and clothes into Russia could be restricted as part of a second round of “retaliatory” measures prepared in response to the sanctions against Moscow, says presidential aide Andrey Belousov.

There are many sellers of non-agricultural goods in the West who are heavily dependent on the Russian market, the official said. Continue reading »

Tags: , , , , , , , , , , ,

Sep 08

SUICIDE-GUN

Europe Goes “All In”: Will Sanction Rosneft, Gazprom Neft And Transneft (ZeroHedge, Sep 7, 2014):

Until this moment, the main reason why everyone mostly dismissed Europe’s sanctions against Russia is that despite all its pompous rhetoric, Europe consistently refused to hit Russia where it would hurt: its energy titans Gazprom, Rosneft And Transfneft. The reason is simple: by imposing sanctions on these core energy exporters, Europe would directly threaten the stability of its own energy imports (Russia accounts for up to 30% of German gas imports), and as winter approaches with every passing day, playing with the energy status quo would seem like economic suicide. This all appears to have changed last Friday, when as the FT reports from a leaked copy, Europe’s latest sanctions round will boldly go where Europe has never dared to go before, and impose sanctions on the big three: Rosneft, Gazprom Neft and Transneft.

This is what is known in game theory terms as a major defection round. Continue reading »

Tags: , , , , , , , , ,

Sep 08

Europe Goes “All In”: Will Sanction Rosneft, Gazprom Neft And Transneft (ZeroHedge, Sep 7, 2014):

Until this moment, the main reason why everyone mostly dismissed Europe’s sanctions against Russia is that despite all its pompous rhetoric, Europe consistently refused to hit Russia where it would hurt: its energy titans Gazprom, Rosneft And Transfneft. The reason is simple: by imposing sanctions on these core energy exporters, Europe would directly threaten the stability of its own energy imports (Russia accounts for up to 30% of German gas imports), and as winter approaches with every passing day, playing with the energy status quo would seem like economic suicide. This all appears to have changed last Friday, when as the FT reports from a leaked copy, Europe’s latest sanctions round will boldly go where Europe has never dared to go before, and impose sanctions on the big three: Rosneft, Gazprom Neft and Transneft. Continue reading »

Tags: , , , , , , ,