Putin Orders Preparation Of Retaliatory Sanctions, Expands Trade With Iran

Tyler Durden's picture




 

As we warned previously, it appears Russia is stepping up its sanctions-retaliation confirming its threat that "US will feel tangible losses."

  • *PUTIN ORDERS GOVT TO PREPARE RETALIATORY SANCTIONS: RIA
  • *PUTIN ORDERS GOVT TO READY STEPS IN RESPONSE TO SANCTIONS: IFX
  • *PUTIN: RETALIATORY MEASURES SHOULDN'T HURT RUSSIA CONSUMERS:IFX

Russian stocks and currency are sliding this morning, not helped by this announcement. Of course, Putin has already put pressure on major US companies such as MSFT, IBM, MCD, INTC, AMD, and car manufacturers. And as far as "isolation" - the signing of a 5-year trade agreement with Iran would suggest there are still plenty of nations willing to work with Putin.

*  *  *

It seems Putin is comiong through with his promise:

And Russia issued a statement that US will feel 'tangible losses' from 'destructive, myopic' sanctions.

We have repeatedly spoken about the illegitimacy and groundlessness of the US sanctions against Russia. Washington will gain nothing from such decisions except for further complication of Russian-American relations and the creation of an unfavorable atmosphere in international affairs, where the cooperation between our countries often plays a key role.

 

The U.S. administration, strained creating the appearance of "sequence" in its current behavior, in fact, is merely trying to avoid responsibility for the tragic developments in Ukraine. Not Russia, and Kiev regime and its overseas patrons guilty of a growing number of civilian casualties in the eastern regions. In his pompous manner prosecutorial White House, covering the bloody military operation of Kiev, which contrary to all international norms sunk to rocket attacks peaceful cities, continues to put forward baseless claims against us.

 

One gets the impression that the U.S. sanctions pressure, transformed now at sectoral level, has one goal - to get even with us for an independent and uncomfortable for Washington politics. Please also note the obvious elements of unscrupulous trade and economic competition in the U.S. actions.

 
 

The losses that Washington will sustain from such a destructive and myopic policy will be very tangible

And perhaps Russia is not so "isolated" as President Obama would like everyone to believe:

Russia signs 5-yr MoU on expanding trade with Iran, Energy Ministry in Moscow says in e-mailed statement.

 

Russia planning to buy Iranian oil under trade accord, ministry press official says by phone, asking not to be identified due to internal policy

 

Accord covers cooperation in oil-gas industry, construction of power plants, grids, supply of machinery, consumer goods, agriculture products: statement

*  *  *

Costs? But Jack Lew said there would be no effect on the US economy?

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Tue, 08/05/2014 - 11:34 | 5049030 booboo
booboo's picture

No more mail order Olga's. Shazzamm

Tue, 08/05/2014 - 11:39 | 5049061 power steering
power steering's picture

Looks like Obama picked a bad day to wear see thru leggings

Tue, 08/05/2014 - 11:47 | 5049120 Tabarnaque
Tabarnaque's picture

He's too busy playing golf to worry about that.

Tue, 08/05/2014 - 11:54 | 5049165 Latina Lover
Latina Lover's picture

We are MUCH better off with Obama playing golf, than mindlessly repeating from his teleprompter. 

BTW, I wonder WHO programs the teleprompter....?

Tue, 08/05/2014 - 11:55 | 5049178 lordylord
lordylord's picture

Obviously time to sell more paper gold.

Tue, 08/05/2014 - 14:30 | 5050199 eclectic syncretist
eclectic syncretist's picture

PUTIN SAYS "WE DON"T NEED YOUR DOLLARS...WE CAN PRINT THEM HERE IN RUSSIA, AND HAVE BEEN FOR SOME TIME NOW"

 

Tue, 08/05/2014 - 23:30 | 5052573 conscious being
conscious being's picture

If not doing so already, they should start NOW.

Tue, 08/05/2014 - 12:14 | 5049287 Harbanger
Harbanger's picture

His speech writer is some millenial named Jon Favreau.

Tue, 08/05/2014 - 12:54 | 5049503 SoilMyselfRotten
SoilMyselfRotten's picture

As Putin makes his latest move on the world chessboard, you can hear faintly in the background directed at Obama, 'Check'.

Tue, 08/05/2014 - 11:49 | 5049131 Nevsky
Nevsky's picture

Fear not, Mr. Biden showed the solidarity with Dear Whinner's leggings by riding a pink bike.

Tue, 08/05/2014 - 12:16 | 5049295 AlaricBalth
AlaricBalth's picture

Mr. Biden looks like John "Mr. Ed" Kerry in that photo.  He must have stolen it from Pee Wee Herman.

Holy cow John!!! Get a decent mountain bike. Pink is not very intimidating.

Tue, 08/05/2014 - 13:01 | 5049555 Nevsky
Nevsky's picture

I am sure the little girl he stole the bike from was intimidated.

Tue, 08/05/2014 - 12:48 | 5049460 bullchit
bullchit's picture

until China starts digging a finger up GM's hole, this is all posturing.

Regards.

Tue, 08/05/2014 - 11:39 | 5049064 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

The US and EU need Russia more than Russia needs the west. Our short sighted leaders are doing us well aren't they. 

/sarc

Tue, 08/05/2014 - 11:43 | 5049093 Mister Ponzi
Mister Ponzi's picture

Something tells me that Russia and Iran will not settle their trades in US Dollars...

Tue, 08/05/2014 - 11:49 | 5049137 quintago
quintago's picture

ebola, war with russia. Seems they are preparing the de-population trade.

Tue, 08/05/2014 - 12:40 | 5049399 Urban Redneck
Urban Redneck's picture

Good thing Russia sent 50 doctors and researchers to Ebola land.

Tue, 08/05/2014 - 17:12 | 5051072 Pie rre
Pie rre's picture

I'm sure it was the only way he could discover the facts.

Tue, 08/05/2014 - 17:46 | 5051240 Urban Redneck
Urban Redneck's picture

I don't think Putin wants to be dependent upon the CDC and hostile Americans for an ebola vaccine.

http://www.myghanaonline.com/1.1799275

But given the choice between an ebola vaccine from the USSA and USSR, I'm not sure which I would choose. But the sudden acceleration of "hope" on both sides is indicative of either major BS or major ethical lapses.

Tue, 08/05/2014 - 11:54 | 5049170 fudge
fudge's picture

Gold/Oil for Nuclear Power..and SAMs :-)

Tue, 08/05/2014 - 12:45 | 5049437 Urban Redneck
Urban Redneck's picture

.

Tue, 08/05/2014 - 12:28 | 5049340 kowalli
kowalli's picture

barter - iran sell oil for russian goods and food.

Tue, 08/05/2014 - 13:20 | 5049663 walküre
walküre's picture

Russia doesn't need Iranian oil but Russia can pump Iranian oil and sell at profit to an oil starved world that doesn't give a shit where it's coming from as long as they don't have to declare it as "Made from Iran".

The US is never going to sanction Russian oil or gas imports.

N E V E R

Tue, 08/05/2014 - 11:34 | 5049033 El Vaquero
El Vaquero's picture

It's obvious that our meddling in Ukraine is being used to target Russia, given the sanctions and the blaming going on.  Remember how we had the Iranian government destabilized and installed the Shah?  Well, here is one of the CIA documents from that fiasco:

 

http://www.gwu.edu/~nsarchiv/NSAEBB/NSAEBB28/summary.pdf

 

Notice the parallels.  Ukriane started moving away from the west and towards Russia, which, according to the CIA docs was a fear with Iran.  The rest of the CIA docs are towards the bottom of the page:

 

http://www2.gwu.edu/~nsarchiv/NSAEBB/NSAEBB435/

Tue, 08/05/2014 - 11:38 | 5049060 Leonardo Fibonacci2
Leonardo Fibonacci2's picture

Obozo simply did not take too kindly to the bitch slappin' Putin gave him regarding the Syria saga!  Can you say Oblama ate one in the teeth? Sure you can!

Tue, 08/05/2014 - 11:45 | 5049114 Winston Churchill
Winston Churchill's picture

Got to wonder how much Obozos narcissism is also driving the rush to war.

Tue, 08/05/2014 - 11:50 | 5049133 CheapBastard
CheapBastard's picture

Glad to see they didn't shut down the Kazakhstan Dating site yet.

Tue, 08/05/2014 - 12:39 | 5049383 what's that smell
what's that smell's picture

first come the sanctions...

then the missiles and the nukes....

zionists, neocons, and cockroaches GET UNDERGROUND NOW.

///////transmission x/52 "lord thy god has spoken" subcarrier future message to pre apocalyptic 2014 obama utopia.

///////roger that.

Tue, 08/05/2014 - 11:50 | 5049140 NotApplicable
NotApplicable's picture

I'd say negative infinity. To pretend that Obummer is anything but his master's puppet is to further empower him.

Tue, 08/05/2014 - 12:31 | 5049328 Boogity
Boogity's picture

The personal racial overtones with Obama can't be ignored either.  Ever since the Syrian crisis last summer, when Deputy Prime Minister Dmitry Rogozin referred to the USA (and by default Obama) as being "like a monkey with a hand grenade",  I wonder if the Black half of Obama is feeling personally disrespected by "evil racist" very White Russia.   

http://en.ria.ru/russia/20130827/182995837/Russian-Deputy-Premier-Calls-West-Monkey-With-Hand-Grenade.html

Any personal anger on the part of Obama would only conflate the already existing geopolitical and economic confrontation between Russia and the  USA even more.  Of course the banksters and the Neocons would eagerly take advantage of and use for their own agenda any kind of personal racial hostility that Obama is carrying towards Putin and Russia

 

Tue, 08/05/2014 - 11:36 | 5049042 IridiumRebel
IridiumRebel's picture

Leader vs Puppet

Tue, 08/05/2014 - 11:35 | 5049036 PlusTic
PlusTic's picture

Yea, Vlad's the fukkin man...fukkin push-back on those oligarch fukks

Tue, 08/05/2014 - 11:36 | 5049040 IANAE
IANAE's picture

Still waiting for news on the read out of the MH17 black boxes...

Tue, 08/05/2014 - 11:40 | 5049075 Winston Churchill
Winston Churchill's picture

Don't hold your breath.

They obviously don't fit the party line, otherwise they would have been released the same day.

The silence tells you all you need to know.

Tue, 08/05/2014 - 23:39 | 5052598 conscious being
conscious being's picture

Agreed Winston, but Vlad has a copy too. When the Western criminals have enough rope to hang themselves, expect the Russians to let them drop.

Tue, 08/05/2014 - 11:41 | 5049085 Mister Ponzi
Mister Ponzi's picture

It is obvious that what they have found does not fit the narrative. It's probably something along these lines:

http://www.globalresearch.ca/german-pilot-speaks-out-shocking-analysis-of-the-shooting-down-of-malaysian-mh17/5394111

Tue, 08/05/2014 - 11:49 | 5049128 robertocarlos
robertocarlos's picture

The poster who stated the other day how a BUK could make those types of holes on a re-enforced cockpit skin had a reasonable explanation. Still it was shocking when a Ukranian Canadian aircrash investigator at the site came out with the German's shoot-down theory as well. It was on CBC TV. I was shocked they reported that. I hope the UKR/CDN guy is still alive.

Tue, 08/05/2014 - 11:58 | 5049202 mpadpy
mpadpy's picture

The canadian is part of the OSCE monitors who check that troops are not building up where they should not. He cant be disappapeared so easily. Unlike the guys who was manning the buk battery.. The pilots it seems were polish mercs and there seems to be a lot of them now trapped in the south cauldron unable to surrender to the russians since they would disappear. Unable to surrender to the self defence forces either because they would also disappear like the polish chic flying one of the SU25's shot down. I know they exchanged a lot of prisoners but only ukranians. Any russian caught is killed and so are any polish or german nazi.

Tue, 08/05/2014 - 12:10 | 5049272 robertocarlos
robertocarlos's picture

Thanks for your post. Yes he is foremost a Canadian which I figured would save him as he is staying in Kiev so could easily be disappeared but as you said OSCE saves him too. He's only had the job for 3 months so it's quite the start for his career.

 

Tue, 08/05/2014 - 13:18 | 5049642 schadenfreude
schadenfreude's picture

Source? Or just bullshit ?

Tue, 08/05/2014 - 12:18 | 5049304 SoDamnMad
SoDamnMad's picture

Mr Ponnzi

A 30 mm would have ripped the shit out of everything in front of it and plowed it through the opposite side of the aircraft. 

Also if you look at the mathematics of an aircraft making a pass at another and firin their cannon , the holes would be very far apart.   Granted a 30mm round doesn't need lots and lots of holes in the cockpit area to down an ircraft.  Cloaeupof the holes seem more ripping as if the rivets of the skin to the frame tore out as the aircraft broke apart.

 

Last, I don't think OSCE members are air crash investigators.  Just a nice cushy job if you have an in with government.

Tue, 08/05/2014 - 12:38 | 5049385 Winston Churchill
Winston Churchill's picture

You do know there are various types of shells for aerial cannons don't you ?

Armour piercing, high explosive, tracer etc.

AP rounds would go right thru' the lightweight aluminium of a commerical jet.

Whats the weather like in Kiev today ?

Tue, 08/05/2014 - 12:27 | 5049337 lakecity55
lakecity55's picture

Frau Joonudoollandstein: "Find this "Carlos" and Liquidate him!"

Tue, 08/05/2014 - 11:54 | 5049115 JenkinsLane
JenkinsLane's picture

SBU - Ukrainian intel - for its part confiscated the recordings of Kiev control tower talking to MH17. That would certainly explain why MH17 was overflying a war zone (Malaysian Airlines revealed they were forced to). Hefty bets can be made the recordings are now being "doctored".

Then there are the black boxes, which will not be decoded by the Malaysians or by the Dutch, but by the Brits - acting under Washington's orders. As The Saker blogger summed up the view of top Russian specialists, "the Brits will now let the NSA falsify the data and that falsification will be coordinated with the SBU in Kiev which will eventually release the recordings who will fully 'confirm' the 'authenticity' of the NSA-doctored recordings from the UK." To make it more palatable, and erase suspicions about Anglo-American foul play, the Dutch will announce it. Everyone should be forewarned.

 

"Crime (Israel) and Punishment (Russia)", Pepe Escobar, 30 Jul 14

http://www.atimes.com/atimes/Middle_East/MID-02-300714.html

 

"Oh, what a tangled web we weave

When first we practise to deceive!"

 

 

Tue, 08/05/2014 - 12:06 | 5049251 mpadpy
mpadpy's picture

Colonel Cassad (in English) has lot more technical info on the war now taking place and most have pictures of the ground so its hard to ignore. In one interview one of the commanders commanders said like 13000 soldiers were put out of commission. Which sounded like a lot but then he said they take out 30-50 vehicles every day because the ukies just run around. They have a lot of weapons and men but no communications between each other and the mercs just do their own thing and push the recruits into battle to die. Then they just bury the dead in ditches. If nothing else the ukies are calling up their 3rd mobilizations so anything is possible. They would not need so many men if things were really going their way. Heck the mercs number more than the entire militia let alone the actual army. Lada Ray showed a leaked report that showed Desertions: 3473 Killed in Action: 1600 Wounded in Action: 4723 for just one week.

Tue, 08/05/2014 - 23:47 | 5052627 conscious being
conscious being's picture

You gotta laugh at all those idiotic ZinoStiens saying Russians can't do shit.

The outnumbered, out gunned Anti-Junta Militia is kicking serious ass.

Tue, 08/05/2014 - 23:47 | 5052628 conscious being
conscious being's picture

You gotta laugh at all those idiotic ZinoStiens saying Russians can't do shit.

The outnumbered, out gunned Anti-Junta Militia is kicking serious ass.

Tue, 08/05/2014 - 11:52 | 5049116 ThisIsBob
ThisIsBob's picture

And why are not the "investigators" demanding from UK the ATC stuff they grabbed?   Plus the USA has captured the communications among fighters and base, but the public will never hear them.

The truth is getting corn holed right before our very eyes.

Tue, 08/05/2014 - 13:50 | 5049863 Ventnor
Ventnor's picture

IANAE --

You'll have a long, grey beard before that happens.

Do NOT follow this link or you will be banned from the site!