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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Sanctions against Russia

Sanctions against Russia

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  • George KG Offline
    George KG Offline
    George K
    wrote on last edited by George K
    #1

    Czech Republic said it is suspending granting visas to Russian citizens.

    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

    1 Reply Last reply
    • George KG Offline
      George KG Offline
      George K
      wrote on last edited by
      #2

      Someone suggested revoking student visas of various Russian oligarchs' children.

      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

      1 Reply Last reply
      • George KG Offline
        George KG Offline
        George K
        wrote on last edited by
        #3

        We are Germany.

        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

        LuFins DadL 1 Reply Last reply
        • George KG George K

          We are Germany.

          LuFins DadL Offline
          LuFins DadL Offline
          LuFins Dad
          wrote on last edited by
          #4

          @George-K said in Sanctions?:

          We are Germany.

          LOL, smh.

          The Brad

          1 Reply Last reply
          • bachophileB Offline
            bachophileB Offline
            bachophile
            wrote on last edited by
            #5

            Strong sanctions didn’t stop Iran. Including separating Iran from international banking.

            And Putin has much greater cash reserves than Tehran.

            Sanctions work by causing the population enough distress to cause internal unrest.

            Won’t happen.

            LuFins DadL 1 Reply Last reply
            • bachophileB bachophile

              Strong sanctions didn’t stop Iran. Including separating Iran from international banking.

              And Putin has much greater cash reserves than Tehran.

              Sanctions work by causing the population enough distress to cause internal unrest.

              Won’t happen.

              LuFins DadL Offline
              LuFins DadL Offline
              LuFins Dad
              wrote on last edited by
              #6

              @bachophile said in Sanctions?:

              Strong sanctions didn’t stop Iran. Including separating Iran from international banking.

              And Putin has much greater cash reserves than Tehran.

              Sanctions work by causing the population enough distress to cause internal unrest.

              Won’t happen.

              Strong sanctions didn’t work in 2014… Why would they work now?

              The Brad

              bachophileB 1 Reply Last reply
              • LuFins DadL LuFins Dad

                @bachophile said in Sanctions?:

                Strong sanctions didn’t stop Iran. Including separating Iran from international banking.

                And Putin has much greater cash reserves than Tehran.

                Sanctions work by causing the population enough distress to cause internal unrest.

                Won’t happen.

                Strong sanctions didn’t work in 2014… Why would they work now?

                bachophileB Offline
                bachophileB Offline
                bachophile
                wrote on last edited by
                #7

                @LuFins-Dad the big doomsday weapon is taking Russia out of SWIFT

                The issue is wether Russia can sustain itself indefinitely without international banking.

                I figure they have planned for this somehow.

                George KG RenaudaR 2 Replies Last reply
                • kluursK Offline
                  kluursK Offline
                  kluurs
                  wrote on last edited by
                  #8

                  Think of how sanctions worked with Japan pre 12.7.1941.

                  1 Reply Last reply
                  • George KG Offline
                    George KG Offline
                    George K
                    wrote on last edited by
                    #9

                    https://abcnews.go.com/Business/wireStory/eu-plans-harshest-sanctions-package-russia-83079403

                    As the first major world leader to make a big move, Johnson announced a freeze on the assets of all large Russian banks and plans to bar Russian companies and the Kremlin from raising money on British markets.

                    Britain will also ban the export to Russia of a wide range of high-tech products, including semiconductors, and prohibit the nation’s flagship airline, Aeroflot, from landing at British airports.

                    European Commission President Ursula von der Leyen and Stoltenberg both called the invasion a “barbaric" attack on an independent nation that threatened “the stability in Europe and the whole of the international peace order.” The European Union scheduled an emergency summit in Brussels.

                    Von der Leyen threatened to hit Russia with "massive and targeted sanctions.” She said she would put to EU leaders late Thursday a proposal that would target strategic sectors of the Russian economy by blocking access to key technologies and markets.

                    She said the sanctions, if approved, “will weaken Russia’s economic base and its capacity to modernize. And in addition, we will freeze Russian assets in the European Union and stop the access of Russian banks to European financial markets.”

                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                    1 Reply Last reply
                    • CopperC Offline
                      CopperC Offline
                      Copper
                      wrote on last edited by
                      #10

                      I assume the Russians are shocked by these sanctions

                      1 Reply Last reply
                      • bachophileB bachophile

                        @LuFins-Dad the big doomsday weapon is taking Russia out of SWIFT

                        The issue is wether Russia can sustain itself indefinitely without international banking.

                        I figure they have planned for this somehow.

                        George KG Offline
                        George KG Offline
                        George K
                        wrote on last edited by George K
                        #11

                        @bachophile

                        the big doomsday weapon is taking Russia out of SWIFT

                        "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                        The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                        1 Reply Last reply
                        • George KG Offline
                          George KG Offline
                          George K
                          wrote on last edited by
                          #12

                          "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                          The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                          1 Reply Last reply
                          • bachophileB bachophile

                            @LuFins-Dad the big doomsday weapon is taking Russia out of SWIFT

                            The issue is wether Russia can sustain itself indefinitely without international banking.

                            I figure they have planned for this somehow.

                            RenaudaR Offline
                            RenaudaR Offline
                            Renauda
                            wrote on last edited by
                            #13

                            @bachophile said in Sanctions?:

                            @LuFins-Dad the big doomsday weapon is taking Russia out of SWIFT

                            The issue is wether Russia can sustain itself indefinitely without international banking.

                            I figure they have planned for this somehow.

                            The Kremlin appears to have done just that:

                            https://www.bbc.com/news/business-60521822

                            Elbows up!

                            MikM 1 Reply Last reply
                            • George KG Offline
                              George KG Offline
                              George K
                              wrote on last edited by
                              #14

                              Tech exports to Russia blocked:

                              https://arstechnica.com/tech-policy/2022/02/us-and-allies-block-tech-exports-to-russia-in-response-to-invasion-of-ukraine/

                              "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                              The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                              1 Reply Last reply
                              • RenaudaR Renauda

                                @bachophile said in Sanctions?:

                                @LuFins-Dad the big doomsday weapon is taking Russia out of SWIFT

                                The issue is wether Russia can sustain itself indefinitely without international banking.

                                I figure they have planned for this somehow.

                                The Kremlin appears to have done just that:

                                https://www.bbc.com/news/business-60521822

                                MikM Offline
                                MikM Offline
                                Mik
                                wrote on last edited by
                                #15

                                @Renauda said in Sanctions?:

                                @bachophile said in Sanctions?:

                                @LuFins-Dad the big doomsday weapon is taking Russia out of SWIFT

                                The issue is wether Russia can sustain itself indefinitely without international banking.

                                I figure they have planned for this somehow.

                                The Kremlin appears to have done just that:

                                https://www.bbc.com/news/business-60521822

                                And we didn't.

                                “I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill

                                1 Reply Last reply
                                • George KG Offline
                                  George KG Offline
                                  George K
                                  wrote on last edited by
                                  #16

                                  Mark Thiessen: https://www.washingtonpost.com/opinions/2022/02/24/biden-climate-gas-prices-russia-sanctions/?mkt_tok=NDc1LVBCUS05NzEAAAGC0PWJk4qI53PyYpb79cCf4QYYKgTVR4Retwa7NEXtAlaqFv5q8SghyZjiF6NUbx-uXVVUb3XXT0hJcyImsjmBBmbqGVR9V-4nTdV_ocR-SRE

                                  Russian President Vladimir Putin was emboldened to launch his full-scale invasion of Ukraine because he believed that President Biden was bluffing when he threatened serious consequences.

                                  On Thursday, Biden proved him right.

                                  Not only did the United States and its NATO allies fail to kick Moscow out of the SWIFT banking network used by almost all major financial institutions to wire money — which would effectively exclude Russia from the global economy — Biden failed to sanction Putin’s two most significant exports: oil and natural gas. To the contrary, Biden announced that he had specifically designed the sanctions “to allow energy payments to continue.”

                                  Putin gambled that Biden was not willing to risk sanctioning his lucrative energy exports, and thus driving up energy prices for U.S. consumers just months before the midterm elections. The bet paid off.

                                  "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                  The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                  1 Reply Last reply
                                  • George KG Offline
                                    George KG Offline
                                    George K
                                    wrote on last edited by
                                    #17

                                    SWIFT:

                                    https://www.foxnews.com/world/europe-close-to-approving-swift-germany-wary

                                    European leaders have moved closer to cutting Russia off from the SWIFT banking system as Germany remains the sole holdout over implementing the extreme measure following the invasion of Ukraine.

                                    Russia launched a full-scale invasion of Ukraine Thursday local time. World leaders and diplomats widely condemned the attack and promised strong sanctions in response.

                                    Foreign ministers of the Baltic States and Poland wanted to cut Russia from SWIFT as part of the initial wave of sanctions, but Germany, Italy, Hungary and Cyprus resisted the move.

                                    But after non-stop negotiations, Ukraine has managed to convince the leaders of Italy, Hungary and Cyprus to stand down and agree. Only Germany remains wary, as its leaders say they remain open to the possibility but must "calculate the cost" to its own citizens, Reuters reported.

                                    "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                    The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                    1 Reply Last reply
                                    • George KG Offline
                                      George KG Offline
                                      George K
                                      wrote on last edited by
                                      #18

                                      Turkey:

                                      "Now look here, you Baltic gas passer... " - Mik, 6/14/08

                                      The saying, "Lite is just one damn thing after another," is a gross understatement. The damn things overlap.

                                      LuFins DadL RenaudaR 2 Replies Last reply
                                      • George KG George K

                                        Turkey:

                                        LuFins DadL Offline
                                        LuFins DadL Offline
                                        LuFins Dad
                                        wrote on last edited by
                                        #19

                                        @George-K said in Sanctions?:

                                        Turkey:

                                        If we (along with Europe) were to push a No-Fly Zone and enforce it, this thing would be over.

                                        The Brad

                                        1 Reply Last reply
                                        • George KG George K

                                          Turkey:

                                          RenaudaR Offline
                                          RenaudaR Offline
                                          Renauda
                                          wrote on last edited by
                                          #20

                                          @George-K

                                          There is no confirmation from Turkey that it will close the straits to Russian warships. If it were to do so it might be in contravention of the Montreux Convention which gives Russia the right for its navy it to return to or access its bases in the Black Sea. Not sure though.

                                          Elbows up!

                                          George KG 1 Reply Last reply
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