Sanctions against Russia

[Axtremus]

India is not playing ball …

India Buys Russian Oil Despite Pressure For Sanctions Over Ukraine War
Indian media reports said Russia was offering a discount on oil purchases of 20% below global benchmark prices.

https://www.huffpost.com/entry/india-buys-russian-oil_n_62343ee2e4b009ab92f6bda0

[George K]

[Renauda]

[George K]

[Renauda]

@George-K

If you read the link I posted above he might just have that in mind.

[Mik]

Sanctions start to hit the people.

https://www.msn.com/en-us/news/world/moscow-insiders-describe-panic-frustration-and-shame-as-russia-gets-cut-off-from-the-global-economy/ar-AAVsfXT?ocid=msedgntp

[Larry]

@George-K said in Sanctions?:

Fred!!

[George K]

Russia's airlines are starting to worry about replacement parts. If they can't do proper maintenance and service, they might be denied access to many airports.

And, speaking of aircraft, a major supplier of fighter-jet parts is in ... Germany.

[George K]

Saw a story that seizing the oligarchs' yachts and other property might be illegal. Wouldn't surprise me.

[Renauda]

@George-K

Heard that as well. On the other hand, the extraordinary actions of one country deserve extraordinary responses from other countries. In this case seizure of assets abroad linked to Russian lawmakers and oligarchs are fair game. Let the bleeding hearts go ahead and bleed.

[George K]

@Renauda said in Sanctions?:

In this case seizure of assets abroad linked to Russian lawmakers and oligarchs are fair game.

Indeed.

[Mik]

I believe invading neighboring countries and shelling residential areas is rather frowned upon as well.

[George K]

[Renauda]

[LuFins Dad]

@Mik said in Sanctions?:

Sanctions start to hit the people.

https://www.msn.com/en-us/news/world/moscow-insiders-describe-panic-frustration-and-shame-as-russia-gets-cut-off-from-the-global-economy/ar-AAVsfXT?ocid=msedgntp

Many in Moscow have cited soaring inflation as the most egregious problem

Wonder if they are calling it Bidinflation?

[taiwan_girl]

Well, the US is "ramp" up the pressure a bit more.

QUOTE
The United States starting Tuesday (Apr 5) will bar Russia from making debt payments using funds held at American banks, ramping up the economic pain on Moscow over its invasion of Ukraine, the US Treasury said.
UNQUOTE

(https://www.channelnewsasia.com/world/us-blocks-russia-paying-debt-dollars-held-us-banks-treasury-2609431)

[George K]

[George K]

Spotify stops streaming to Russia.

https://www.msn.com/en-us/money/companies/spotify-pulls-out-of-russia-citing-new-laws-restricting-free-expression/ar-AAVuuuv

[George K]

[Mik]

Well, if they have assets Russia can attach we need to have a conversation about that.