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U.S. announces Sanctions against Russian Officials......

MMC

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President Barack Obama on Monday froze the U.S. assets of seven Russian officials, including top advisers to President Vladimir Putin, for their support of Crimea's vote to secede from Ukraine in the most comprehensive sanctions against Russia since the end of the Cold War.

The Treasury Department also is imposing sanctions on four Ukrainians — including former President Viktor Yanukovych, a former top Ukrainian presidential adviser and two Crimea-based separatist leaders — under existing authority under a previous Obama order. Senior administration officials also said they are working to identify what they called "Russian government cronies" to target the assets of those supporting the Crimea unrest, including individuals working in the arms industry.

Obama was to make a statement Monday from the White House.

The administration officials said Putin wasn't sanctioned despite his support of the Crimean referendum because the U.S. doesn't usually begin with heads of state. But the officials, speaking to reporters on a conference call on the condition they not be quoted by name, say those sanctioned are very close to Putin and that the sanctions are "designed to hit close to home."

The U.S. announcement came shortly after the European Union announced travel bans and asset freezes on 21 people they have linked to the unrest in Crimea. Obama administration officials say there is some overlap between the U.S. and European list, which wasn't immediately made public.

"Today's actions also serve as notice to Russia that unless it abides by its international obligations and returns its military forces to their original bases and respects Ukraine's sovereignty and territorial integrity, the United States is prepared to take additional steps to impose further political and economic costs," the statement said.....snip~

U.S. announces sanctions against Russian officials
Associated Press – 27 mins ago <<<<< March 17 2014.

The US and EU have gone ahead with the Sanctions.....also the US is accusing the Russians of Rigging the vote. Team Obama says there is some concrete evidence that some ballots for the referendum arrived pre-marked in many cities and "there are massive anomalies in the vote." Yet they could not bring forth any evidence with the Allegation.

Now we have threatened Putin that if doesn't pull out with his troops we will continue with more Sanctions against him. Now will Putin follow thru with what he has told us? Do you think these sanctions that target people close to Putin. Will stop or persuade Putin to change course?
 
President Barack Obama on Monday froze the U.S. assets of seven Russian officials, including top advisers to President Vladimir Putin, for their support of Crimea's vote to secede from Ukraine in the most comprehensive sanctions against Russia since the end of the Cold War.

The Treasury Department also is imposing sanctions on four Ukrainians — including former President Viktor Yanukovych, a former top Ukrainian presidential adviser and two Crimea-based separatist leaders — under existing authority under a previous Obama order. Senior administration officials also said they are working to identify what they called "Russian government cronies" to target the assets of those supporting the Crimea unrest, including individuals working in the arms industry.

Obama was to make a statement Monday from the White House.

The administration officials said Putin wasn't sanctioned despite his support of the Crimean referendum because the U.S. doesn't usually begin with heads of state. But the officials, speaking to reporters on a conference call on the condition they not be quoted by name, say those sanctioned are very close to Putin and that the sanctions are "designed to hit close to home."

The U.S. announcement came shortly after the European Union announced travel bans and asset freezes on 21 people they have linked to the unrest in Crimea. Obama administration officials say there is some overlap between the U.S. and European list, which wasn't immediately made public.

"Today's actions also serve as notice to Russia that unless it abides by its international obligations and returns its military forces to their original bases and respects Ukraine's sovereignty and territorial integrity, the United States is prepared to take additional steps to impose further political and economic costs," the statement said.....snip~

U.S. announces sanctions against Russian officials
Associated Press – 27 mins ago <<<<< March 17 2014.

The US and EU have gone ahead with the Sanctions.....also the US is accusing the Russians of Rigging the vote. Team Obama says there is some concrete evidence that some ballots for the referendum arrived pre-marked in many cities and "there are massive anomalies in the vote." Yet they could not bring forth any evidence with the Allegation.

Now we have threatened Putin that if doesn't pull out with his troops we will continue with more Sanctions against him. Now will Putin follow thru with what he has told us? Do you think these sanctions that target people close to Putin. Will stop or persuade Putin to change course?

Sanctioning 21 people might be painful, if they are tough. Some of those guys have quite a bit of money outside the country. But what we are really showing the Russians is that the EU does not have the political will to do anything much. Germany and a couple of smaller countries have through corruption and negligence let themselves become far too dependent on Russian energy and cannot do anything worth while. So they can hardly stand up against, what they say is a breach of international law and a violation of human rights.

And never forget. This was triggered by the EU and it must be their's to fix. It is not a monkey the US should want on its shoulder.
 
Crimean Crisis: Russia Threatens to Abandon US Dollar And Dump American Debt - disinformation

One should be wary and careful of unintended consequences. This little blog is a bias source, they were referring to a quote on "Voice of Russia" from an economic adviser of Putin. It should be noted Govt spox for Russia disavowed this threat, but just the fact someone tossed out the trial balloon is worthy of noting.

Ha! So what is Russia going to use as currency when they buy and sell internationally? The Ruble? What are they going to invest their money in if not US securities? Empty threat is empty.
 
Ha! So what is Russia going to use as currency when they buy and sell internationally? The Ruble? What are they going to invest their money in if not US securities? Empty threat is empty.

Mornin' ILR. :2wave: Russia and China have already been accepting each others currency and going around the US Dollar.....they may have some worries but they have been working on them for years.
 
Is it really common to sanction individuals?

I don't think I have Heard that before.

What if another country didn't like some US decisión? Could another country sanction US officials and what would the President do about it?
 
Putin considers Obama embarrassingly weak, and this pretty much proves he's right.
 
Is it really common to sanction individuals?

I don't think I have Heard that before.

What if another country didn't like some US decisión? Could another country sanction US officials and what would the President do about it?



Mornin' Mason. :2wave: According to Team Obama.....there is overlap with our and the EU's list. But the EU did sanction 21 people.


Administration officials say those Obama targeted also are key political players in Russia also responsible for the country's tightening of human rights and civil liberties in the country. Obama's order targets were:

— Vladislav Surkov, a Putin aide

— Sergey Glazyev, a Putin adviser

— Leonid Slutsky, a state Duma deputy

— Andrei Klishas, member of the Council of Federation of the Federal Assembly of the Russian Federation

— Valentina Matviyenko, head of the Federation Council

— Dmitry Rogozin, deputy prime minister of the Russian Federation.

— Yelena Mizulina, a state Duma deputy.....snip~
 
Mornin' ILR. :2wave: Russia and China have already been accepting each others currency and going around the US Dollar.....they may have some worries but they have been working on them for years.

Last I read, China may have 6,000 tons of gold on hand. Yep, they have been planning on doing something for a long, long time! They'd like to have the yuan included in a new basket of currencies, backed by gold, in place of the US dollar, and major world newspapers, including those in the US, are finally starting to editorialize this news.

BTW, China also has agreements with Brazil, Australia, and South Africa, among others, to bypass the dollar in certain transactions.

Greetings, MMC. :2wave:
 
Mornin' ILR. :2wave: Russia and China have already been accepting each others currency and going around the US Dollar.....they may have some worries but they have been working on them for years.

Sure but exports to China make up 7% of Russian exports. As far as the other 93% of Russian exports a lot of that is Western Europe and other countries which won't be willing to take Rubles. I find it hard to believe that Russia won't have to depend on the Yen, Euro, or Dollar to do the vast majority of their importing/exporting. I don't see them refusing dollars and not putting those dollars in US securities. I'm not sure what national debt they would invest in that has the same type of security as a western European nation or US. The only clout Russia really has economically is petroleum. Even then it's the Eurozone that is most susceptible to any disruptions.
 
Crimean Crisis: Russia Threatens to Abandon US Dollar And Dump American Debt - disinformation

One should be wary and careful of unintended consequences. This little blog is a bias source, they were referring to a quote on "Voice of Russia" from an economic adviser of Putin. It should be noted Govt spox for Russia disavowed this threat, but just the fact someone tossed out the trial balloon is worthy of noting.



Mornin Cal. :2wave: Not to mention they already threatened to Reduce to Zero on any economic dependency with us.


Russia warns could 'reduce to zero' economic dependency on US.....

d19fc18f7cabb29a9df4dad1d0aeaa2e62077e7c.jpg


Russia could reduce to zero its economic dependency on the United States if Washington agreed sanctions against Moscow over Ukraine, a Kremlin aide said on Tuesday, warning that the American financial system faced a "crash" if this happened.

"We would find a way not just to reduce our dependency on the United States to zero but to emerge from those sanctions with great benefits for ourselves," said Kremlin economic aide Sergei Glazyev.

He told the RIA Novosti news agency Russia could stop using dollars for international transactions and create its own payment system using its "wonderful trade and economic relations with our partners in the East and South."

Russian firms and banks would also not return loans from American financial institutions, he said.

"An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system," he added.

He said that economic sanctions imposed by the European Union would be a "catastrophe" for Europe, saying that Russia could halt gas supplies "which would be beneficial for the Americans" and give the Russian economy a useful "impulse".....snip~

Russia warns could 'reduce to zero' economic dependency on US
 
Last I read, China may have 6,000 tons of gold on hand. Yep, they have been planning on doing something for a long, long time! They'd like to have the yuan included in a new basket of currencies, backed by gold, in place of the US dollar, and major world newspapers, including those in the US, are finally starting to editorialize this news.

BTW, China also has agreements with Brazil, Australia, and South Africa, among others, to bypass the dollar in certain transactions.

Greetings, MMC. :2wave:

That wouldn't happen unless there were major changes. The Yuan is a "managed" float. They would have to completely take the reigns off their currency and it would increase in valuation greatly against the US dollar..hurting their exports with the US.

As for the agreements, ehh...ok...people don't trade and use the dollar because they love the US. They do it because the US economy is effin ridiculously huge and it's convenient.
 
Sanctioning 21 people might be painful, if they are tough. Some of those guys have quite a bit of money outside the country. But what we are really showing the Russians is that the EU does not have the political will to do anything much. Germany and a couple of smaller countries have through corruption and negligence let themselves become far too dependent on Russian energy and cannot do anything worth while. So they can hardly stand up against, what they say is a breach of international law and a violation of human rights.

And never forget. This was triggered by the EU and it must be their's to fix. It is not a monkey the US should want on its shoulder.

Mornin' Jog. :2wave: It sure didn't worry the Brits huh?


"The standoff in the Crimea is not worrying too many bankers working in London's equity capital markets, despite a heavy sell-off across the board in Europe.
Russia's incursion into the Crimea, which strategists say has re-activated East West tensions between the former Soviet Union nation and the US, has had a sharp impact on markets in early trading.

It comes as a raft of initial public offerings and other equity deals are being prepared in Europe.

ISS, a Danish outsourcing firm listing in Copenhagen, announced a price range for its IPO this morning, while UK discount retailer Poundland is also entering the final stages of a London flotation.

David Buik, markets commentator at Panmure Gordon, said: "My greatest worry for a prolonged diplomatic impasse is that it could wreck the pipeline of IPOs – so necessary to illustrate the improving economic conditions which have recently manifested itself in the UK."

ECM bankers calm on Crimea - Financial News
 
Ignorance is bliss. They have oil and energy they don't need dollars. They also have gold. Russia has already lead discussions of moving from the dollar to a world currency under the auspice of the UN - look it up. Like I said, ignorance is bliss, if you think the dollar is safe your beloved govt won't save you when its used as toilet paper.

Ha! So what is Russia going to use as currency when they buy and sell internationally? The Ruble? What are they going to invest their money in if not US securities? Empty threat is empty.
 
They also hold a small sum of our bonds/debts. They unload that into the market place it will have ramifications - perhaps the FED can print up enough fiat to buy it - not sure.


Mornin Cal. :2wave: Not to mention they already threatened to Reduce to Zero on any economic dependency with us.


Russia warns could 'reduce to zero' economic dependency on US.....

d19fc18f7cabb29a9df4dad1d0aeaa2e62077e7c.jpg


Russia could reduce to zero its economic dependency on the United States if Washington agreed sanctions against Moscow over Ukraine, a Kremlin aide said on Tuesday, warning that the American financial system faced a "crash" if this happened.

"We would find a way not just to reduce our dependency on the United States to zero but to emerge from those sanctions with great benefits for ourselves," said Kremlin economic aide Sergei Glazyev.

He told the RIA Novosti news agency Russia could stop using dollars for international transactions and create its own payment system using its "wonderful trade and economic relations with our partners in the East and South."

Russian firms and banks would also not return loans from American financial institutions, he said.

"An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system," he added.

He said that economic sanctions imposed by the European Union would be a "catastrophe" for Europe, saying that Russia could halt gas supplies "which would be beneficial for the Americans" and give the Russian economy a useful "impulse".....snip~

Russia warns could 'reduce to zero' economic dependency on US
 
Can you name any world reserve currency that lasted more than a 50 years? When did the world start with the dollar - early 1970's?


That wouldn't happen unless there were major changes. The Yuan is a "managed" float. They would have to completely take the reigns off their currency and it would increase in valuation greatly against the US dollar..hurting their exports with the US.

As for the agreements, ehh...ok...people don't trade and use the dollar because they love the US. They do it because the US economy is effin ridiculously huge and it's convenient.
 
I think that's great. Grab all Russian money and assets. Seize any stocks, property and interests they have in the US too. We could use the money anyway. Call for a worldwide Russian money and property grab! This is a great excuse to do so.
 
Is it really common to sanction individuals?

I don't think I have Heard that before.

What if another country didn't like some US decisión? Could another country sanction US officials and what would the President do about it?

My guess is a "tit for tat" response and that US individuals and Corporations in Russia will have accounts and assets frozen, land and facilities nationalized, and a discreet campaign to devalue the dollar with market manipulations usually done by the US Treasury Deptartments PPT (Plunge Protiction Team). Likely will be very expensive for both sides. Russia is not in debt. USA owes ???? $200 Trillion counting unfunded liabilities. Can we afford this?
 
Ignorance is bliss. They have oil and energy they don't need dollars. They also have gold. Russia has already lead discussions of moving from the dollar to a world currency under the auspice of the UN - look it up. Like I said, ignorance is bliss, if you think the dollar is safe your beloved govt won't save you when its used as toilet paper.

That is true.....and when the EU held up talks for a pipeline. Then Putin pushed his for their Pipeline into the south. Which they are saying is in agreement and will sign within a month.



Russia pushes on with gas pipeline despite EU delaying talks....

Russia's Gazprom, disregarding European Commission plans to delay talks, said it expected to sign deals this month on building its major South Stream pipeline to carry gas to central and southern Europe without crossing Ukraine.

It made the announcement a day after the Commission said it would postpone talks with Gazprom over South Stream which still requires European Union legislation, including exemptions from rules that limit pipeline ownership and require access be provided to other gas firms.

Past supply disruption because of pricing disputes between Moscow and Kiev have motivated EU leaders to seek alternatives to Russian gas, and the current Ukraine crisis has increased the EU's focus on diversifying energy sources.

But previous efforts to bring new gas suppliers to Central Europe have so far largely failed.....snip~

Russia pushes on with gas pipeline despite EU delaying talks
 
My guess is a "tit for tat" response and that US individuals and Corporations in Russia will have accounts and assets frozen, land and facilities nationalized, and a discreet campaign to devalue the dollar with market manipulations usually done by the US Treasury Deptartments PPT (Plunge Protiction Team). Likely will be very expensive for both sides. Russia is not in debt. USA owes ???? $200 Trillion counting unfunded liabilities. Can we afford this?

can russia afford the world econemy tanking as a result of our econemy tanking?
 
My guess is a "tit for tat" response and that US individuals and Corporations in Russia will have accounts and assets frozen, land and facilities nationalized, and a discreet campaign to devalue the dollar with market manipulations usually done by the US Treasury Deptartments PPT (Plunge Protiction Team). Likely will be very expensive for both sides. Russia is not in debt. USA owes ???? $200 Trillion counting unfunded liabilities. Can we afford this?


Heya DF :2wave: .....I was wondering what it will cost us in order to do what we offered to do?


Led by the powerhouse lobbying of the American Petroleum Institute, a coalition of Fortune 500 energy companies are using the Ukraine crisis to spur Congress to approve a key policy goal: Easing regulations on the export of U.S. natural gas.

Despite a decade-long boom in U.S. natural gas production, very little of America's vast gas reserves are exported.. That's because strict regulations on the transfer and storage of gas have made it impossible to profitably ship out of the U.S.

Oil and gas companies have paid Washington lobbyists millions in recent years to challenge the strict export rules -- to no avail, until now."


U.S. Push For Natural Gas Exports To Help Ukraine Won't Actually Help Ukraine
 
Ignorance is bliss. They have oil and energy they don't need dollars.

Dollars are just a medium of exchange. It's also the most accepted currency worldwide. The need dollars because most people selling things to them don't want Rubles. They'll accept something like Euro's but if anything has become evident the dollar has by far been the most stable currency in the world. The Euro which was talked about as a replacement to the dollar has shown some weaknesses. Ignorance is some idea that Russia has chosen to use the dollar for a lot of it's trade for anything other than necessity.

They also have gold
Well that's a dead end. Who wants to deal with a volatile commodity like gold as exchange. It can lose 40% of it's value in the matter of weeks. That's great for someone exporting.

Russia has already lead discussions of moving from the dollar to a world currency under the auspice of the UN - look it up.
That's a dead end. What exactly would that currency be backed by? The full faith and credit of the United Nations? Bwahaha!

f you think the dollar is safe your beloved govt won't save you when its used as toilet paper.
If anything the recent economic collapse has proven that the dollar isn't going anywhere anytime soon...
 
Can you name any world reserve currency that lasted more than a 50 years? When did the world start with the dollar - early 1970's?

What world reserve currencies have existed except the dollar! Gold was a commodity used as a currency. Any currency was supposedly based on the gold backing it or further back the actual amount of gold found physically in the currency.

The US dollar is the only major reserve currency to ever exist until the Euro came on the stage.
 
Last I read, China may have 6,000 tons of gold on hand. Yep, they have been planning on doing something for a long, long time! They'd like to have the yuan included in a new basket of currencies, backed by gold, in place of the US dollar, and major world newspapers, including those in the US, are finally starting to editorialize this news.

BTW, China also has agreements with Brazil, Australia, and South Africa, among others, to bypass the dollar in certain transactions.

Greetings, MMC. :2wave:


Afternoon Lady P
hat.gif
.....Indeed all the BRIC Nations. Plus lets not forget the Saudi and some others in the ME that want the US dollar removed as the Worlds Reserve Currency.

But.....now we have an UPDATE.....As Putin and Russia has responded in return. Now we have trouble if Putin pushes on.



Russia calls on Ukraine to be a federal state......


Russia's foreign ministry is calling on Ukraine to become a federal state and call fresh elections.

In a statement posted on Monday the ministry urged Ukraine's parliament to call a constitutional assembly which could draft a new constitution to make the country federal, handing more power to its regions.

Moscow insisted that Ukrainian regions should get broader autonomy and that the country should adopt a "neutral political and military status.".....snip~

Russia calls on Ukraine to be a federal state


Btw Note the Pics of the Pro Russian Celebrations.
 
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