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The Shocking Reason Putin Isn't Worried About The $50 Billion Yukos Ruling
Having $50 billion of assets under potential seizure is enough to make anyone whince. However, despite a quickly worded statement on the Yukos award, Vladimir Putin seems less than anxious to find a resolution. We think we know why, and it's very concerning.
As The FT reports confirming our earlier comments:
The award is a landmark not just for its size – 20 times the previous record for an arbitration ruling. The tribunal also found definitively that Russia’s pursuit of Yukos and its independently-minded main shareholder, Mikhail Khodorkovsky, a decade ago was politically motivated.
...
Though Russia cannot appeal against the award, Moscow said it would pursue all legal avenues for trying to get it “set aside”.
Even if the ruling stands, shareholders face a tortuous battle trying to enforce it. If Moscow refuses to pay, they must pursue Russian sovereign commercial assets in the 150 countries that are party to the so-called 1958 New York Convention on enforcing arbitration awards.
But perhaps this explains why Putin is not coming out swinging, as The FT concludes,
One person close to Mr Putin said the Yukos ruling was insignificant in light of the bigger geopolitical stand-off over Ukraine.
“There is a war coming in Europe,” he said. “Do you really think this matters?”
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us nuclear security and who provides it deserves a hard look from George W. Stat.
While you are correct, you are forgetting that the DC US is just the bulldog that Israel is using to do their dirty business.
The Israelis could careless who gets hurt so long as they gain.
"Yeah, I said it, but did you get it?"
Too bad Hitler lost the war, he was doing a great job with zionists! Cajun anyone!
The US should bring EVERYONE of their troops home and let everyone else work out their own shit. Instead of inventing and spending trillions trying to force others to support them. Spend real money at home to make your own life better and make everyone WANT to live like you do.
Crazy thought I know.
u cant, you import 100% of what u use daily.
you cannot stay on yourself.
usa = total fucked up
Methinkest the neocon Trotskyites are competing with the communist Chinese. This is THEIR "long march". Surrounding Russia. Defeating Russia. Taking on the Chinese. Smashing the competition.
After all, despite Econ 101 fairy tales to the contrary, competition is bad for business -- especially the bottom line.
DoChenRollingBearing, said: "The US should Just Stay Home."
Where are you?
In the USA, amiguita!
What! Decided to take vacation from Peru, Korea, and China....
There's an idea for the US Empire in Europe.
Hey Mr. Joe Cool,or what ever the fuck your name is.If you nothing to contribute,just STFU.
Hey Mr. Joe Cool,or what ever the fuck your name is.If you nothing to contribute,just STFU.
You made your point twice. Now let's move on.
fuck you
A couple of small things first.
Putin and Russia (repetitive, as in Obie and America, when one rules by the pen and phone) say fuck off.
Western countries expropriate Yukos assets (Well, they'll call it seize within ruling, judgement)
Putin says pay me for oil and gas in Gold or Rubles
West says fuck off.
Then we'll see about when the war starts.
Oh sorry, it already started, dontchaknow?
Russia will cut off all energy supply to Europe this winter. Bank on it.
Also, as icing on the cake, this winter will be the coldest in recent memory.
He still has Germany and Frace on his side.
...and China seems mildly entertained by the whole thing.
No he doesn't. The stupid fucks stole Germany's gold, and fined the French for selling warships.
This will end poorly.
Merkel:
Decisions, decisions, decisions....
Now you can predict the weather too, huh?
No predicting necessary. The winter is always cold enough to need some kind of heating in most of Europe.
Winter is coming.
Indeed winter is coming, and the wall is ill defended. A force none of us has seen in our lifetimes is about to descend on us all. Global war this time around will kill billions. You have to ask, "Who is driving this war and what do they seek to gain?" That question probably belongs inside the beltway in Washington DC, because of all the forces in the world, the DC crowd seems most intent on a global conflict with Russia and CHina. Washington is inhabited by groups of million and billionaires who have bought the entire congress and president. Using this power since 9/11 they have gone from war to war non-stop. I do not equate Washington DC to America anylonger, because they do not represent us, or act in our interests. Only a fool would believe they do. Banks, Israeli, Corporate profits and stock markets are all they care about, somehow they believe war will make Israel a super power, make banks all powerful economic rulers and fuck knows where they see us ordinary people. One hint though, notice the vast police and spy state they have set up, that should tell us all a thing or two about their plans for us.
they dont believe you are a citizen - they see you as labor -- which is why rights are going away one by one - when past usable trade date for respective skill set of 25 years they want you dead
For the world they want 2.5 billion people and in US 160 million so they need a war to get to their numbers quicker - depleted personal cash flow wont get you dead fast enough
Ebola would do it with plausible deniability...seems to be getting started.
Who will pay this?
Hitler got money from Wall Street. Now, who is going to finance the war for DC if Wall Street is DC?
Bioscale,
Wrong question to ask!
We, the slaves, I know
Congratulations scale!!!!
You just got the Nobel Prize of Extreme Inteligência
Spot on again Jack. The DC crowd don't seem to realise that unlike their previous opponents Russians can shoot back properly and, even without nuclear, could hit the US mainland hard for the first time in history. Is there is no-one in Government that remembers that fights between near equals are messy and last years. Think Korea or Iran/Iraq. Quick strikes only work against incapable foes.
A hanger on an airbase in Arizona flying drones is just not a war fighting option. DC politicians spend money as instructed, they probably have little understanding of the vulnerability of their aircraft to Russian AA missiles and their carrier task forces to their ASMs. The Navy may even have forgotton to mention that they have no idea where many of Russia's subs are, they are too quiet. Then there is the army, well basically there isn't one in Western Europe, disbanded as part of the 'peace dividend' and there is no way the US Army with heavt weapons would get across the Atlantic.
That of course ignores any secret Russia/China defence agreement. The US couldn't take on both at the same time and hope to win so of course strategically they would join up. Only idiots pick a fight they can't win.
We just have to hope that European politicians would stop the idiots. It is their countries that the fighting would take place in, not Russia or the US. It is probable that the Russians would be at the old Warsaw Pact countries' western borders in days. They know the way pretty well from the old days. I am sure that after today every Rothschild property will have its own incoming cruise missile.
Europe has everything to lose. We really don't have a dog in this fight. The US needs to sort it.
Let's just nuke the beltway and all our problems will be solved through the miraculous power of UnConspiracy(tm), limited time offer, available in selected stores only!
"Who is driving this war and what do they seek to gain?"
couldn't be, in terms of the largest moving piece, more obvious who the 'who' is.
Nukular winter?
That's EXACTLY what the US, UK and Israel are counting/banking on: Divide & Conquer. Tried and proven.
The last thing they want is energy to France and Germany, and an evolving Eurasian (Silk Road) alliance. Don't be such a one-move, linear thinker.
The same to you Kirk.
My views on Realpolitik may not have gotten traction around here, too many naive
people in the ways of men and countries, but I can assure you that the US has detailed plans
to remove Europe from the map if required. Just as the UK, and France have such plans
for removing the US.
A Mexican standoff,with Obozo as one party is scary.
Could you point us to who is making these US plans? Kennedy, Obama, Pelosi, Schumer, Hillary, Kerry. Which of our rocket scientists are drawing up the master blue print?
The Pentagon has a war plans division, as does the MoD in Whitehall,
Don't know where the French equivalent is.
The British went their own way on SLBM warheads to evade DC's backdoors, and veto
on uses.The Force de Frappe was always solely French.
Much wiser leaders from 50/60's had those original plans made.
They are updated on a regular basis.None of the current puppets take
a shit without the say so of the deep state permanent govts,so believing they are in
control is pure phantasy.Obozo doesn't even bother to hide his purely ceremonial
role.
The Office of Strategic Plans is a Neocon shop, in the Pentagon.
I'm Mister White Christmas
I'm Mister Snow
I'm Mister Icicle
I'm Mister Ten Below
Friends call me Snow Miser
What ever I touch
Turns to snow in my clutch
I'm too much!
[Snow Miser:]
I never want to see a day
That's over forty degrees
I'd rather have it thirty,
Twenty, ten, five and let it freeeeEEEEEEeeze!
??
The Year Without Santa.
Publicus Russia will cut off all energy supply to Europe this winter. Bank on it.
Also, as icing on the cake, this winter will be the coldest in recent memory.
---
I doubt it. It is more profitable for them to hike prices.
And they will be paid in what?
Russia won't be cutting off gas to paying customers unless those customers start shooting at them. The Russians take great pride in the reliability of their energy supplies.
Indeed
The idea that Russia will stop selling gas to Europe is rather odd, considering that Russia's chief foe is right now demanding that Europe stop buying gas from Russia. Neither Europeans nor Russians will stop their business. The US is making noise because it doesn't have a horse in the race economically. No one will listen. They'll cut off gas only in the event of war, during which all trade would be halted anyway, obviously.
Never let a good crisis go to waste.
"Bonjour, ma petite, I have . . . uh, chocolat, du pain, beurre, une botteille de vin in my warm . . . uh, chambre très chaude. Kommen Sie hier, chica."
Nah - they like the money they get from selling it. They also dont want to tick off Germany at the moment...
That would be dumb. Much better to hike the price of gas 20%.
It promises to be a cold winter in the Ukraine and perhaps even parts of Europe.
No wonder Biden Jr. is busy fracking...
LUGANSK EASTERN UKRAINE TODAY WAS AGAIN SHELLED BY UKRAINIAN ARMY
WHAT WESTERN MEDIA REFUSES TO SHOW YOU
http://www.youtube.com/watch?v=c7fC_Yt4PXo#t=1m39s
WHO IS LYING.
W.T.F. is that a news channel? Good god.
If it bleeds it leads.
I have never seen anything like that though. WTF are we doing supporting Nazis? Can I get a vote to get us off this fucked up ride?
What am I thinking. This is the same country that drones funerals and weddings.
About the only party we haven't crashed with a hellfire is a Bar Mitzvah.
Well said.
Yaweeee protects his chosen ones.
Lulz.....
Only those that have the magic crystals in there blood from the maternal mitochondria
That cohan gene will rock you!
jeebus
Annnnnnd, its gone. Youtube took it down already. Go figure.
you can be sure those are promptly removed by the ministry of propaganda
got another source?
already removed.
They've removed the video. It obviously fails to fit within their 'high standards'
If you can find another copy can you send me the link here
vaughanbaby@for-the-fans.com
I'll post it on my website. Cheers.
That's a spooky statement
I think that last sentence of there's war coming is the best ever said. I've said it before and I'll say it again, why is it so important for the US and the west to antagonize Russia and provoke a war. It's because the world economy (US and western) is about to implode and they need a war to have the people to blame that on the market implosion and the lower standard of living for decades to come.
Dear ZH illiterate morons,
I don't know about Putin's internal security, but you're quite right about Russia's war capability.
IMO, the only reason NATO hasn't already attacked Russia is MAD, which is being gradually undermined with each new ABM system installed on Russia's border.
NO ABM systems have been installed on Russia's borders to date.
IMO, the only reason NATO hasn't already attacked Russia is MAD, which is being gradually undermined with each new ABM system installed on Russia's border.
________________________________
The reason they have not attacked: they will squeeze much more by not attacking. 'Americans' run a business of farming the poor, extorting the weak, 'american' economics are all about transfer and concentration of wealth.
It is a matter of vectors.
The Tsar and his family were killed by the same people who are eager to plunge the US and the world into a world war. Putin was a relative Robin Hood to the oligarchs.
Do you think your assertions above, if true, make Putin and Russia less dangerous or more dangerous?
Think hard.
War is coming in Europe.
When isn't war coming in Europe?
http://en.wikipedia.org/wiki/List_of_conflicts_in_Europe
When it's already underway
Touche.
"Suit up, Michelle, Barry has gone missing in action and "Bite Me" Biden is hiding in the Presidential Bunker now that it looks like war."
SS-21 BALLISTIC MISSILES (3) FIRED BY KIEV FORCES AGAINST E-UKRAINE SEPERATISTS
https://www.youtube.com/watch?v=y9-8KvtfjZA
https://twitter.com/KiritRadia/status/494178830631047168
http://fas.org/man/dod-101/sys/missile/row/ss-21.htm
https://www.youtube.com/watch?v=F8XN0lPmg-A
How many of the judges in the Hague were being spied upon by the NSA?
All.
Nobody is exempt.
Nobody
They made sure guys appointed to the court are fans of child porn.
Or put it on their PCs.
Just:
Enough to make sure the NSA has all the dirt it needs on them . . .
-30-
The NSA didn't need to spy on the arbitrators (not that they wouldn't or didn't), particularly after Russia appointed an American arbitrator. There are a lot false paradigms and dichotomies that bias the outside observer. However, the one and only constant among the elite insiders is that they all perceive international law as a force for good(theirs or the world's), and hence the majority will naturally seek to expand it.
Well, at least now we know.
We all knew it.
Getting confirmation from a player is just a bonus.
Hide your daughters and perforate your draft age sons eardrums. Better part deaf than dead.
Start stocking more food,ammo etc.
September was my guess yesterday, and I'm sticking with it.
Preparation is always a good idea. *
* When my wife lets me.
Europe: The ultimate prize in the era of proxy wars.
Putin: I'll trade you Liberia for Europe
Obie: Uh, lemme uh... mmm... uh ... get uh back to you...
knuks! That one was too easy!
Don't give Putin any ideas...
I am sure your Peruvian mistress always lets you Dochen lol
??????????????????
The silver bullet to get kicked out of the military:
Sleep Walking.
Nobody is allowed to walk around with a loaded rifle while they are asleep.
Especially Pvt "Gomer Pyle" Lawrence
Especially....
Walking in wearing women's underwear used to do it but I guess not so much now...
Gets you selected for OTC prolly.
And a fast track to the Joint Chiefs.
That guy from MASH kinda ruined that one for all of us.
Is this for real?
Malcolm X got out by going to a recruiting station and demanding to be allowed to join the Imperial Japanese Navy.
Seriously.
LOL!
Smartest black man ever.
Smartest 'short-lived' black man ever. Fixed it for you.
There's a reason Farrakhan, Jackson and Sharpton are still around.
There is a war coming, and all the bankers are cuming at the thought.
And there you have it.
The profits from war will moar that offset this puny $50 billion award.
Trillions in Criminal Bankster Profits.
Maybe he could just pay it with worthless treasury bonds?
How Sarah Conner-ish.
"No Fate but the one we make", as I recall.
We should do more sanctions...
Libtard answer to all quesitons.
Sluggish economy? Print money. MOAR.
etc.
Wow, Putin said that?
Or someone speaking for him?
Worrisome. Putin playing Risk, while POTUS in a sand trap.
The neocons run foreign policy. All Obama can do is try and slow them down a little.
Naw, Putin is Playing Rise and Decline of the Third Reich from Avalon Hill, and Obama is playing hide the summer sausage with Reggie.
God help us...
Keep poking the bear with a sharp stick!
Eventually this bear is going to open the cage door that everyone thought was locked.
When that happens? Somebody is going to get hurt real bad! And it won't be the bear!
i like sharp styx
they make good tooth picks
Well.....American like to say:
What does not kill you will make you strong
maybe....
Except Bears Bears will kill you
WW III overdue!
It's already been going on for 4 years, where have you been...
War? I thought this was a family reunion?
a BBQ...
(of nations and by nations)
Depopulation Globalists wet dream.
Just like WWII had many fronts, the current civil war in Ukraine is just one of the fronts of the great Petrodollar war with the BRICS
The BRICS & soon to be Germany.
Criminal IMF / World Bank / BIS Vs. The BRICS.
Question - What great US generals will we kill when it's all over?
Answer - the patriotic ones.
The phrasing could be anything, i'm thinking civil war, no one these days would pick up a weapon for it's country.
I'd pick up a weapon for my country but not for the banking mafia who rule it.
i only pick up a gun if it is against my .gov
I think the Russian spokesman has it right. The West and the International Bankers have tried everything they can, including war and now law suits, to victimize their most important enemy – Vladimir Putin. And he doesn’t look fazed because he stands with a superpower behind him. And the action that’s taking place is within his zone of influence.
The fact that the Yukos ruling can’t be appealed is good reason why Putin shouldn’t pay it. If your adversary is the judge, then it’s a kangaroo court.
More and more it looks like they are attacking the Principle of Independent Sovern Nations around the world – with Arbitrators and Judges joining in the scam – the PPT and the counterpart in Europe, allows corporations to be exempt from local law and if rules, regulations or laws are enacted locally then they can sue for opportunity cost.
Elliot, Yukos and other emerging icebergs are just the beginning – by this time 20 years from now there will be no local rule for environment, labor, courts and many other systems will be null void and of no force or effect
If Putin losses and USA controls the border of Ukraine, Russia will be gone. Then there is one world government sooner or later
If one world government comes via the banking mafia then it will be one world dictatorship.
There is no 'if' here.
I sense that there's more to this than meets the eye.
The ongoing reputation-trashing ("International Pariah") aside, it probably sets the stage for next series of boycott and sanction moves -- in an attempt to weaken Russia and scare others from supporting them or their financial initiatives (de-Dollarization).
The mere fact of going on the offense and labeling them with whatever name, seeks to re-affirm US's role as The World's Authority/Police. Clever use of the Jedi Mind Trick, if others fall for it.
It's not a ruling. It wasn't a court. There were no judges.
The Foreign Ministry or Prosecutor General's office fucked up right off the bat buy naming a representative of a strategic adversary as an arbitrator, that's bush league stupidity.
Russia can walk away from the Washington Convention any time it chooses (which it hasn't even ratified)... and the follow-on events to that withdrawal would have serious ramifications for the future practice of the international law, particularly since expropriation can be deemed an act of war.
The other challenge in enforcing the award is that Russia is both a net exporter and net recipient of FDI - so exactly which court is someone going to march into and find 50 billion of Russian assets to seize, where their is no significant cost to the host country of enforcing the award (even absent a visit from the Russian Navy or Air Force)?
If they try enforce it London - BP could lose all its assets in Russia (much more than 50 billion), and that's before they go to work on the bankers in London...
If they try enforce it the Hague - Shell is in the same boat as BP.
If they try and enforce it in Germany - how many German industrial investments would be subject to expropriation (never mind not being able to power or light the factories in the motherland)?
If they try and enforce it in an even more corrupt country hosting a Russian State-owned pipeline, there is a good chance the will lose, and in fact have actual Courts (which might have to consider national interest) find the arbitral award invalid.
This is a quagmire with no good or easy extraction options (except perhaps the liquidation of the officers and shareholders of the claimants). No one wants a war (except perhaps the neoimperialists) so it will be interesting to see where they compromise their corrupted ethics and laws to avoid one, if they do so.
Mate if Russia blows off Hague no one will ever get large scale project finance again in Russia. Also getting loan guaranty will be a mo fo.
Can you imagine the circus if Putin's plane gets grounded somewhere while he tries to address things diplomatically? Does he lose his cool and take off his sunglasses?
Russia will be able to finance whatever it needs. The world needs oil.
Moreover, the whole BRICS game is about replacing Washington's pet multilateral finance platforms (WBG and IMF).
What are the components of the WBG? Talking heads like talking about replacing IFC and IBRD (and calling that the "World Bank"), but this wouldn't eliminate dependence on or replace the WBG...
Armstrong's computer would agree. Cycles of war bitches.
Fuckin Armstrong.
Armstrong's computer also says USD can't be dethrowned any time soon.
Ceteris paribus, this would be correct because the BRICSs would need to issue and export an gazillion CNY,RUB,BRL,INR,ZAR to actually displace the dominant 80% market share that USD has.
But nothing is ever equal, and if either the ongoing trade war or a hot war leads to a collapse and write down of USD debt pyramid, the BRICS have to do far less printing to produce and export the required float to achieve their goal.
90% of those USD's reflect nothing but re hypothecated assets.Its a total mirage.
If they went poof tomorrow it would hurt the US far more that the RoW.
Chinese copper and iron warehouse receipts are also a total mirage, but the Chinese have 1000 years experience with that particular rehypothecation scam.
Since I can't red Chinese I guess I'm going to have to stick around if I want to see how they pull it off, and whether they can do it well enough to win without suiciding themselves in the process.
Honestly, given the fact that mark to fantasy accounting is still being used by everyone, I'd like to actually see those "50 billion in assets" first.
Stay away from the daily deals, and it might just walk through the door one day, be patient, for insurance aint cheap anymore.
Get yer Yellow Ribbon " We support the Status Quo " car magnets here!
Anyone know where a guy can get one of the slick garden carts like the guy in The Road had? I'd like to pick one up soon as I think I may be needing it soon if things continue...
My fishing cart will double as a good one.
You can probably reallocate your shoe fund for other preparations, IIRC.
pods
Why the hell are we doing this? We can't possibly win a war against Russia and China. Our best hope is a draw.
Even a draw could mean total devastation for at least the Northern Hemisphere.
Perhaps we should watch out for the mass move of TPTB to New Zealand.