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Ukraine's Poroshenko "Optimistic" Over EU Deal, Putin Warns Of Consequences

Tyler Durden's picture




 

When two of the richest presidents in the world currently met this morning in Minsk, the tensions was palpable. As Poroshenko (net worth ~$1.3 bn) and Putin (~$440bn) prepared for talks, the threats, promises, and hopes were everywhere...

  • *POROSHENKO SAYS 'OPTIMISTIC' ABOUT TODAY'S MEETINGS IN MINSK, INTERESTED IN EU, CUSTOMS UNION AGREEMENTS

But Vladimir Putin - having reminded everyone that Russian capital represents 32% of the Ukraine banking system (threat or statement?) warned any EU association pact may force Russia to scrap trade preferences.

 

The handshake...

 

As AP reports,

The presidents of Russia and Ukraine sat down for talks Tuesday, meeting face-to-face for the first time since June on the fighting that has engulfed Ukraine's separatist east.

 

Russia's Vladimir Putin and Ukraine's Petro Poroshenko were joined by the presidents of Belarus and Kazakhstan and three senior officials from the European Union in the Belarusian capital of Minsk.

 

"The fate of my country and Europe is being decided here in Minsk today. The interests of Donbass (eastern Ukraine) have been and will be taken into account," Poroshenko said Tuesday as the talks began.

The hope...

  • *POROSHENKO SAYS `OPTIMISTIC' ABOUT TODAY'S MEETINGS IN MINSK
  • *POROSHENKO SAYS INTERESTS OF DONBAS MUST AND WILL BE RESPECTED
  • *POROSHENKO SAYS UKRAINE READY TO RESOLVE ALL TRADE ISSUES
  • *POROSHENKO: UKRAINE INTERESTED IN EU, CUSTOMS UNION AGREEMENTS
  • *POROSHENKO: EU TRADE PACT COMPATIBLE WITH CUSTOMS UNION RULES
  • *POROSHENKO: OPEN TO TALKS ON EXIT OPTIONS FOR SIDES TO CONFLICT

As ITAR-TASS reports,

The Ukrainian economy’s transition to EU standards will cost it €165 billion over ten years while Russia may lose up to €100 billion ($2.7 billion) from its economy’s forced readjustment, President Vladimir Putin said on Tuesday.

 

“The refusal to use technical norms common in the CIS countries and adaptation to EU standards will cost Ukraine €165 billion within 10 years,” Putin said at a meeting of the leaders of the Customs Union member states and the Ukrainian president.

 

The economies of Russia, Belarus and Kazakhstan that form the Customs Union will also be affected, Putin said.

 

“In the most modest estimates, damage to the Russian economy alone may total 100 billion rubles. Entire sectors of our industry and agribusiness will be affected with all ensuing consequences for economic growth rates and employment,” Putin said.

 

“Losses will also be sustained by Belarus and Kazakhstan,” Putin said.

 

Russia will have to cancel preferences for Ukrainian imports as a measure to protect its market and introduce the standard trade regime in the conditions of Ukraine’s agreement on association with the EU, President Vladimir Putin said on Tuesday.

 

“In full compliance with the provisions of the CIS Free Trade Agreement and WTO norms we will have to cancel preferences for imports from Ukraine,” Putin said.

 

“I’d like to say that we are not going to discriminate against anybody, we won’t do this,” the Russian president said.

 

“We will just have to introduce the standard trade regime for Ukraine; the same that is applied also between Russia and the EU,” he added.

The threats...

  • *PUTIN SAYS MILITARY ESCALATION WON'T SOLVE UKRAINIAN CONFLICT
  • *PUTIN SEES COST OF EU PACT AT BILLIONS OF EUROS FOR UKRAINE
  • *PUTIN SEES NO UKRAINE RESOLUTION WITHOUT TALKS WITH EAST ENVOYS
  • *PUTIN: UKRAINE'S EU PACT MAY PROMPT RUSSIA TO DEFEND ITS MARKET
  • *PUTIN: RUSSIAN CAPITAL MAKES UP 32% OF UKRAINE'S BANKING SYSTEM
  • *PUTIN: UKRAINE CLOSELY INTEGRATED INTO EX-SOVIET ECONOMIC SPACE

*  *  *

Doesn't exactly sound de-escalation-y to us?

 

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Tue, 08/26/2014 - 09:16 | 5144384 NoDebt
NoDebt's picture

"As Poroshenko (net worth ~$1.3 bn) and Putin (~$440bn)"

Putin is worth $440 billion dollars?  I assume that includes the net present value of all of Russia?

Tue, 08/26/2014 - 09:17 | 5144395 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

Let's see if the Ukraine goes with the EU, Putin will pull the plug on his trade. If the Ukraine goes with Russia, the EU will do the same on its side. Ukraine is screwed.

Tue, 08/26/2014 - 09:20 | 5144404 kowalli
kowalli's picture

Eu can't supply Ukraine with oil, gas or uranium for nucliar plants... Choice is very hard...

Tue, 08/26/2014 - 09:30 | 5144450 VATICANT
VATICANT's picture

If Putin's worth 440B then the Rothschilds must be in the high trillions

Tue, 08/26/2014 - 10:53 | 5144836 BorisTheBlade
BorisTheBlade's picture

Gazilions including notional amount of all derivatives created.

Tue, 08/26/2014 - 10:55 | 5144848 vyeung
vyeung's picture

Rothschild's are THE daddy in terms of rich of the rich! They are the La Ferrari and scumbags holding all the chips.

Tue, 08/26/2014 - 11:03 | 5144879 Chupacabra-322
Chupacabra-322's picture

It's going to be dam cod in the Ukraine & EU this winter.

Tue, 08/26/2014 - 11:05 | 5144887 Chupacabra-322
Chupacabra-322's picture

"If Putin's worth 440B then the Rothschilds must be in the high trillions."

$700 Trillion last time I checked. All of it Criminally stolen.

Tue, 08/26/2014 - 11:53 | 5145099 Ratscam
Ratscam's picture

What about the Vatican Inc ?

Tue, 08/26/2014 - 15:24 | 5146188 IronForge
IronForge's picture

They're on borrowed time.

Tue, 08/26/2014 - 15:42 | 5146254 Againstthelie
Againstthelie's picture

Have you ever seen even the slightest evidence of these claims - or even that Putin is enriching himself?

If USrael and it's NSA would have any evidences for it, you can bet that this would be spread 24/7!

It's a shame that ZH repeats this unfounded claims.

Anyway Putin has more than any money can buy: the respect and love of his nation and the world - who has respect for the Obamas, Clintons, Bushes and all the other Ziomuppets? The most corrupt criminals and their presstitutes are smearing the world's best political leader of our time.

Tue, 08/26/2014 - 10:38 | 5144782 Hannibal Barca
Hannibal Barca's picture

Heah but Europe has the better brothels, got it?

Tue, 08/26/2014 - 12:34 | 5145365 MS7
MS7's picture

The choice would be easy if the Ukrainian leaders cared about Ukraine. But I assume that, like the EU leaders, they can be bribed or blackmailed into selling their country's sovereignty.

Tue, 08/26/2014 - 09:25 | 5144427 agent default
agent default's picture

No, the EU is screwed either way.  Nobody gives two fucks about the Ukes either way. Never did.

Tue, 08/26/2014 - 09:37 | 5144477 JohninMK
JohninMK's picture

Kiev seems to be doing a wonderful job of destroying its export business with Russia outside this possible agreement. Shelling is not a good way to update factories and optimise infrastructue.

Russia is already quietly pulling the plug on future trade by taking its manufacturing supply lines out of Ukraine.

Especially in their defence business sector. By the end of 2015, instead of 100% of helicopter engines made in Ukraine it will be as close to 0% as they can get it. Anything critical will leave, even if it causes problems in the short term.

There also seems to be lots of encouragement for Ukrainian businesses and skilled staff to move not just to Russia but also down the road to Crimea.

Tue, 08/26/2014 - 09:44 | 5144506 Latina Lover
Latina Lover's picture

The Kiev Junta is a puppet controlled by the USSA.

If utterly destroying the Ukraine economy hurts Russia and serves USSA interests, it will be done.

Tue, 08/26/2014 - 10:18 | 5144552 ChiangMai
ChiangMai's picture

 

Meanwhile, it appears the self-defense forces might soon control a seaport city (Mariupol) — the southerly extension to the Sea of Azov (northern extension of the Black Sea) shown on this map (in English) happened in the past few days:

Novorossiya Map of Hostilities – August 10-25, 2014

Zoom in for 20 explanatory notes keyed to the map.

Nine white areas are trapped Ukrainian forces; estimated numbers of these trapped forces, as of yesterday:

Rock Solid Politics ‏@BradCabana

SIT REP: By my count there are now 11 Pockets of #Ukraine troops trapped without resupply - approx 15-19,000 UKR troops trapped.#cdnpoli

 

Tue, 08/26/2014 - 10:40 | 5144783 X.inf.capt
X.inf.capt's picture

and a very simple question...

Why is the 98th russian airborne division (guards) on the ukrainian border, so far from their barracks???

 

Tue, 08/26/2014 - 10:53 | 5144841 Anarchy 99
Anarchy 99's picture

camping trip! (get over it)

Tue, 08/26/2014 - 11:05 | 5144884 X.inf.capt
X.inf.capt's picture

ok, thank you..

Tue, 08/26/2014 - 10:53 | 5144844 messystateofaffairs
messystateofaffairs's picture

very simple answer ..... to kick the junta's ass. We're not diplomats, we can be open about these things. The diplomatic answer, to protect the Russian border from conflict spilling over there.

Tue, 08/26/2014 - 11:06 | 5144888 X.inf.capt
X.inf.capt's picture

thank you...

Tue, 08/26/2014 - 14:03 | 5145823 messystateofaffairs
messystateofaffairs's picture

You are most certainly welcome, have a nice day now, and may the peace and serenity of Jesus Christ be with you. (I learned this diplomacy while watching Putin) Here, you can watch him too.

https://www.youtube.com/watch?v=Yv80bg73BZ0

Tue, 08/26/2014 - 21:38 | 5147462 X.inf.capt
X.inf.capt's picture

hes the most interesting man in the world...

it was good...

Tue, 08/26/2014 - 11:42 | 5145037 Volkodav
Volkodav's picture

is it important to you?

Tue, 08/26/2014 - 12:48 | 5145474 stacked
stacked's picture

Someone gotta help Hunter Biden dig gas, no?!

Tue, 08/26/2014 - 14:00 | 5145805 Jack Burton
Jack Burton's picture

Is there something that denies the Russian Federation the right to station troops anywhere inside Russia that they want? As long as they stay inside Russia, then that question is simply another tantrum thrown by Kiev's supporters over be so badly beaten by rebels.

Tue, 08/26/2014 - 15:20 | 5146167 luftmensch
luftmensch's picture

Jack, are you are trans-sexual or is that just long hair?  I don't have a problem with that, I just heard that wasn't tolerated too well in Russia..stay safe bro/sis.

Tue, 08/26/2014 - 18:25 | 5146907 TheFourthStooge-ing
TheFourthStooge-ing's picture

Retarded ukie troll is retarded.

Tue, 08/26/2014 - 14:54 | 5146045 CPAHb GOSPODNYA
CPAHb GOSPODNYA's picture

Russia does not have to explain why Russian soldiers are standing on a particular piece of Russian land. Here's a better question: Why are US soldiers so far away from their baracks in mainland USA? They're like all over the planet.

Tue, 08/26/2014 - 15:51 | 5146289 IronForge
IronForge's picture

????? ??????, ???

Tue, 08/26/2014 - 14:04 | 5145824 Jack Burton
Jack Burton's picture

Thanks for the Map. Finally, I spent all day yesterday waiting for that map to get put up and show the recent results of the rebel offensive against Kiev's Army. Much more was accomplished than anyone could dare hope for. In classic Russian military style, now practised by the rebels, the rebels kept just enough troops to absord the months of Kiev attacks, while building a new force of rebels, arming and training them, and then when Kiev's offensive had ground down , to lauch a counter offensive aginst battle damaged and worn out Kiev Battalions. Well played by the rebels, this is the perfect practice of military science.

Tue, 08/26/2014 - 10:02 | 5144595 Kirk2NCC1701
Kirk2NCC1701's picture

Yup, and if they can't win strategically, they will now seek victory tactically, by playing the Procedure game:  Ukraine calms down, joins the EU and then NATO.

Russia wil then have NATO forces encirccling them more and more.  It's the slow Boa coiling and tightening:  with each exhale, the coils tighten. There better be an 'asymmetric game changer'.  Winter?  We shall see.

Tue, 08/26/2014 - 10:14 | 5144648 Latina Lover
Latina Lover's picture

Without Russian Nat Gas and Donbass coal, the Ukie economy will grind to a halt.  Some coal could be replaced via imports but  significant quantities of nat gas are only available from Russia.

Tue, 08/26/2014 - 10:33 | 5144755 ChiangMai
ChiangMai's picture

7,000 Trapped Ukrainian Forces; IMF to Fund Ukraine Wars?

Mish's Global Economic Trend Analysis

25 August

Ukraine is bankrupt. It accepted an $18 Billion IMF Bailout in March, allegedly with strict conditions. Do those conditions allow war funding?...  

Ukraine's conflict with... [the self-defense forces of the Donetsk People's Republic and the Luhansk People's Republic]... is draining the economy by the day and hampering efforts to implement reforms as required by an IMF bailout programme, Prime Minister Arseny Yatseniuk said on Wednesday.

According to the terms of a $17 billion International Monetary Fund loan package, Ukraine must implement set reforms, but the country, which is virtually bankrupt and running wide external deficits, has had to divert substantial funds in its fight to contain the... [self-defense forces]...

Tue, 08/26/2014 - 14:08 | 5145851 Jack Burton
Jack Burton's picture

Excellent Post! It is now known that IMF bailout loans is funding Kiev's war! But really, Kiev has no cash, so the only source of war funding is the IMF loans. These loans were designed to fund a reform of the Ukrainian economy and jump start economic growth. Now this is a pipe dream. Wait though, wait till January and Febuary. By then Kiev will be a cold dark shell of a city, unless America hands over billions in free money, which I think it will. Perhaps 20 billions in free money will be given by Washington DC, by then, they will have no choice or their client state of "Rump Kiev" will collapse.

Tue, 08/26/2014 - 20:00 | 5147195 JuliaS
JuliaS's picture

That is why Poroshenko is in a rush to dissolve parliament and call election as early as October, before it gets real cold.

Tue, 08/26/2014 - 20:38 | 5147294 Jack Burton
Jack Burton's picture

Yes indeed! He sees it coming, after the last few days battle losses and economy in free fall, even the west Ukrainians who support the Radical Nationalist Movement will start to ask what they have gotten for Euro Madian. Nothing, lots of fascist symbolism and big patriotic talk of glory. But it all adds up to just shit, in the face of economic collaspe, no gas for winter and humiliation on the battle front. The Rebels recent news conference made clear that Federation is OFF the table, now it is INDEPENDENCE or nothing. And, they say they will battle Kiev to either total death comes to them or Donbass is independent from Kiev's USA government.

Tue, 08/26/2014 - 21:10 | 5147367 JuliaS
JuliaS's picture

The bad aftertase will last for years and with this much provoked polarization between pro-west Ukrainians and pro-Russians there cannot possibly be a single Ukraine. Even with people who might've invited EU into their backyards the same way kids accepted Obama's promises of hope and change, accepting defeat might be more hurtful than staying the course. And the IMF money already accepted - it all comes with strings attached. There is no walkign away from money already spent. What is Ukraine going to do about it when it's totally broke? Default? Well, IMF money is almost like a student loan in the US. You don't simply walk away from it. Doing Russia favors to come up with the cash? Highly unlikely.

We'll end up with Russian East, and a half-chewed west that nobody wants - not EU and not even Russia, not even NATO with their precious missile silos. Ukraine is a basket case. A Humpty Dumpty in a mess that one cannot possibly see being resolved in any meaningful sense.

Even if we are to contemplate Ukraine with Western help taking over all of the lost territories, including Crimea - that cannot be possibly accomplished without a genocie the scale of which will not be possible to sweep under the carpet. We're talking millions of inhabitants exterminated and displaced. Russia would have a full justification to go in and that would be the start of WW3.

Likewise Russia cannot, and actually has no reason to intude into any territory already not occupied by separatists. The land will roughly be split in proportion to how the populatino is currently represented.

Another thing the West worries about is that they Nazi's they've worked so hard to nurture over the last 20 years are being pushed away from the front lines and back into the EU, much like ISIS forces faces with Russia-reinforced Syria spilled into less fortified Iraq. What if those same Junta Nazis sneak into EU and start causing some real disturbance. Good luck trying to sell Ukraine-EU membership then.

Ukraine cannot be repaired. It can only be split into a stable pro-Russian industrial land and a barely-functioning agricultural East forever hooked on the IMF needle...

... it'll be WW3 the US so much desires. Then all bets are off and the map of Eurasia then looks like a work of Jackson Pollock. US wants that. It dreams of NATO and Russia wiping eachother out. A chaos in Eurasia observed from a safe distance, just like in WW2, until half way though the war, when the outcome is practically determined, it could stage a false flag and give itself an excuse to join the party and chew of some of that precious land. Maybe get a Bretton Woods 2.0 going. America would love that! It would also love to pretend we're still living in a world with no intercontinental ballistic missiles and nuclear submarines.

Those idiots in charge will be the end of us all. God, I envy George Carlin. He saw it all and picked the very best year to depart!

Tue, 08/26/2014 - 11:47 | 5145058 Victor999
Victor999's picture

They won't need to join the EU to become a part of NATO.

Indeed, they won't even have to be a part of NATO to enjoy NATO benefits if the US Congress has its way:

http://www.globalresearch.ca/the-russian-aggression-prevention-act-rapa-...

Tue, 08/26/2014 - 10:20 | 5144679 kchrisc
kchrisc's picture

"The Kiev Junta is a puppet controlled by the USSA."

You forgot the Rothschild and Israeli hands stuck up the USSA's ass.

An American, not US subject.

Tue, 08/26/2014 - 10:54 | 5144845 Anarchy 99
Anarchy 99's picture

sad, but very true. 

Tue, 08/26/2014 - 11:08 | 5144895 Chupacabra-322
Chupacabra-322's picture

Also forgot the Criminal IMF / World Bank / BIS.

Tue, 08/26/2014 - 11:43 | 5145036 kchrisc
kchrisc's picture

"Also forgot the Criminal IMF / World Bank / BIS."

All part of the Rothschild edifice.

An American, not US subject.

Tue, 08/26/2014 - 15:23 | 5146176 luftmensch
luftmensch's picture

You have to admire Putin's blogger brigades, all that cheap labor from Russia's busted economy comes in handy sometimes...

Tue, 08/26/2014 - 12:09 | 5145156 Renewable Life
Renewable Life's picture

These look like like two dudes that could actually go for the "lets you and I box it out and save the young men" shtick!!!!

On another note, I chuckle at the "shoots" about Russian wealth and comparative analysis of how rich the west must be if Putin has xxx!!

Russia probably has 50-250 trillion in untapped energy wealth yet to extract at future inflated prices, tens of millions of fertile ag acres to develope, low national debt, small culturally intact population, low taxes, and is geo-politically in a superior location to deliver those resources from any other Country on Earth to an emerging Asia, Europe, and even North America!!!

The West has what again at this point???

All factors considered, I'd say Putin may be under reporting his wealth actually!!!

Tue, 08/26/2014 - 09:17 | 5144396 kowalli
kowalli's picture

I think they include in 440 all  his friends... Actually Putin don't own anything....

Tue, 08/26/2014 - 09:22 | 5144419 RazvanM
RazvanM's picture

Who do you think owns the Oil reserves, Gas reserves and other resources in Russia? And the Russian Army to protect his ownership.

Tue, 08/26/2014 - 09:29 | 5144445 TungstenBars
TungstenBars's picture

You're wasting your time, kiev nazi troll.

Your propaganda won't work here..however your delusions are very amusing to all of us! Please, tell us more about your psychosis enduced fantasies.

Tue, 08/26/2014 - 09:39 | 5144490 akrainer
akrainer's picture

Ya, it's one thousand trillion dollars!

Tue, 08/26/2014 - 11:42 | 5145032 Victor999
Victor999's picture

You forgot the vodka concessions.

Tue, 08/26/2014 - 09:16 | 5144388 LawsofPhysics
LawsofPhysics's picture

Yes, shut off the fucking gas/oil or only exchange for Rubles.  The U.S. has been doing this to the world for 50+ years.  Bye-bye dollar hedgemony.

Tue, 08/26/2014 - 09:33 | 5144448 agent default
agent default's picture

You  are being emotional here.  The Russians grind slowly, but they grind thoroughly.  The dollar will be dumped  step by step, methodically and  slowly so that the US will feel the pain and panic into more blunders, thereby angering more people, reinforcing the run from the USD. Russia and China are not out to slap the US in the face, they are out to purge the US from the global scene. 

Tue, 08/26/2014 - 09:35 | 5144471 LawsofPhysics
LawsofPhysics's picture

Who's being emotional?  LMFAO, shit, did you read your own post?

Tue, 08/26/2014 - 09:42 | 5144488 TungstenBars
TungstenBars's picture

Honestly, it actually seems that you are as you just lashed out.

Tue, 08/26/2014 - 10:46 | 5144820 messystateofaffairs
messystateofaffairs's picture

The US is obviously slowly and steadily fading into the background. The majority of their population is unaware of the mechanics of how they are being brought down, the commanding heights of their "leadership" is traitorous, and they are infested by a virulent strain of a tribal cultural disease. A lot of empty posturing and false bravado will accompany their decline. 

Tue, 08/26/2014 - 09:35 | 5144475 Monty Burns
Monty Burns's picture

Not enough rubles in circulation to do that. But it's a nice idea.

Tue, 08/26/2014 - 11:39 | 5145023 Victor999
Victor999's picture

True.  The future is in Currency Swap Agreements, esp for major trading partners.

Tue, 08/26/2014 - 09:17 | 5144391 BandGap
BandGap's picture

I feel the love, do you feel the love?

Tue, 08/26/2014 - 09:24 | 5144423 Bioscale
Bioscale's picture

It's so deep, I'm freezing.

Tue, 08/26/2014 - 19:23 | 5147091 tvdog
tvdog's picture

Now, now, don't whine. You got back all the love you sent.

Tue, 08/26/2014 - 09:19 | 5144406 SpanishGoop
SpanishGoop's picture

Ukrain is going to feel the cold but at the same time is toast.

 

 

Tue, 08/26/2014 - 10:49 | 5144825 agent default
agent default's picture

Frostbite?

Tue, 08/26/2014 - 09:20 | 5144408 PontifexMaximus
PontifexMaximus's picture

Really do not know the hell what this old fart ashton is doing there.

Tue, 08/26/2014 - 09:35 | 5144468 Monty Burns
Monty Burns's picture

One thing you can say for her is that she didn't get the job on her looks.

Tue, 08/26/2014 - 12:44 | 5145452 MS7
MS7's picture

Slightly longer version of video shows Putin's expression when he first sees her:

https://www.youtube.com/watch?v=nD8NQT73Es0

Tue, 08/26/2014 - 09:21 | 5144412 TungstenBars
TungstenBars's picture

Lol 400 billion...Id like to see where that figure originally comes from. My bet is langley or some horses mouth.

Tue, 08/26/2014 - 09:31 | 5144452 luckystars
luckystars's picture

They say that because envy is a very powerful emotion, especially with the left.

It's all about other peoples money for them.

The first thing leftists will say to you about Putin is that he is an Oligarch.

lol

Tue, 08/26/2014 - 09:30 | 5144455 agent default
agent default's picture

CNN's ass?

Tue, 08/26/2014 - 09:37 | 5144479 akrainer
akrainer's picture

I think Putin's net worth is closer to one thousand trillion dollars!

Tue, 08/26/2014 - 13:11 | 5145576 Phuk u
Phuk u's picture

Not Kerry again !

Tue, 08/26/2014 - 19:27 | 5147109 tvdog
tvdog's picture

Forbes claims Putin is worth $70 billion.

Tue, 08/26/2014 - 09:22 | 5144421 SpanishGoop
SpanishGoop's picture

I wonder if they squeezed really hard or vinger tickeled inside when the shook hands.

 

Tue, 08/26/2014 - 09:26 | 5144430 Mike Masr
Mike Masr's picture

Petro Poroshenko is nothing more than an obese puppet with his strings being manipulated by the West.

Tue, 08/26/2014 - 09:26 | 5144432 Spungo
Spungo's picture

Only accepting rubles would be a disaster because it would alienate all of Europe, pushing Europe closer to the US. The correct approach is to accept several currencies, including dollars and euros. This would be a great benefit for most of Europe, so Europe gets closer to Russia while the US is the outsider. Not needing dollars for oil would cause European countries to significantly reduce their holdings of US dollars. This would cause US inflation to surge while Europeans would enjoy a stronger Euro with more purchasing power.

Putin seems like an evil mastermind. He'll probably choose to build strong alliances with Europe. Throwing a shit fit and threatening people is more like something Obama and Kerry would do.

Tue, 08/26/2014 - 09:33 | 5144463 Monty Burns
Monty Burns's picture

Makes so much sense that there's no chance Europe will do it.

Tue, 08/26/2014 - 11:01 | 5144871 BorisTheBlade
BorisTheBlade's picture

That's because collective Europe sits in Brussels and reports somewhere outside of Continental Europe. By all means, it is more of a sane strategy to build bilateral relations with every European state on the basis of mutual interests, than with collective 'European' bureacracy on an ideological basis.

Tue, 08/26/2014 - 09:28 | 5144441 timeless21
timeless21's picture

Is it really worth it to lose so much to join EU these days ? 

Tue, 08/26/2014 - 10:30 | 5144741 Escapedgoat
Escapedgoat's picture

NOT REALLY. Greece is  a point of refernce. Down Salaries from the average 1200 Euros to 460 at the moment going to eventually 360. All pre-announced, to par to the Romanian and Bulgarian levels.

Tue, 08/26/2014 - 11:34 | 5145007 Victor999
Victor999's picture

The northern EU countries are the only ones benefitting from the eurozone.  Germany, Austria, the Netherlans, etc leverage nicely off the weaker economies of the south and east because those countries keep the Euro weaker on the FX markets, thus giving them a foreign trade advantage.

Tue, 08/26/2014 - 09:29 | 5144442 luckystars
luckystars's picture

Yet our State Department pumped 50 million into Ukraine to destabilize it.

Obama is the richest world leader in the world, he treats our tax dollars as if they are his own.

Tue, 08/26/2014 - 09:35 | 5144472 drm4
drm4's picture

You mean 5 billion.

Tue, 08/26/2014 - 09:32 | 5144456 SpanishGoop
SpanishGoop's picture

Ultimate false flag if Poroshenko poisons himself with polonium while being in Minsk.

And for added irony, i was a laced chocolate bonbon.

 

 

Tue, 08/26/2014 - 11:37 | 5145017 Volkodav
Volkodav's picture

"The Phoney Litvinenko Murder" William Dunkerley

Tue, 08/26/2014 - 09:37 | 5144476 Tjeff1
Tjeff1's picture

Putin is a protectionist.  Ukraine should open up to trade with both, let the chips fall where they may.  The protectionists will lose everytime and give in. 

Tue, 08/26/2014 - 10:50 | 5144830 tonyw
tonyw's picture

They can't do this since both blocs have rules that do not allow the import from outside without tariffs.

If they did this then ukraine could import anything from the EU and export it to russia without tariffs thus getting round the rules.

The EU restricts imports by charging taxes adn insisting that countries follow EU guidelines.

Tue, 08/26/2014 - 11:29 | 5144975 Victor999
Victor999's picture

"The protectionists will lose everytime and give in."

Not entirely true.  What most people do not realise is that the best economies started out as protectionist.  Protectionism protects domestic industry, giving it a chance to strengthen and compete on foreign markets.  Only after the industry is well established is the protectionism removed (if at all).   Almost every country has protectionist policies in at least one sector.

Tue, 08/26/2014 - 09:37 | 5144480 Son of Captain Nemo
Son of Captain Nemo's picture

How Putin can even shake this slimy M-F's hand without body slamming him to the floor and tearing off his nuts (if he can even find them) goes without saying!

Tue, 08/26/2014 - 10:08 | 5144621 FrustratedLogician
FrustratedLogician's picture

I was told that you cannot be a politician if you cannot communicate with people you don't like. So, since Putin is a good politician, he automatically can talk with this fatcat.

Tue, 08/26/2014 - 10:15 | 5144655 Winston Churchill
Winston Churchill's picture

Its not personal until AFTER the biz is done.

Russians do not forgive and forget.

Tue, 08/26/2014 - 10:33 | 5144758 Son of Captain Nemo
Son of Captain Nemo's picture

Its not personal until AFTER the biz is done.

If you're Russian and have relatives "still living" next door? -say when?

Tue, 08/26/2014 - 10:55 | 5144851 pazmaker
pazmaker's picture

Looking at the size of Porshenko and Putin, I think it is porshenko that would be doing the body slamming.  He makes Putin look like a midget.

Tue, 08/26/2014 - 11:23 | 5144947 Victor999
Victor999's picture

I doubt is Porky is a judo expert.  In judo, the bigger they are the easier it is to use their body momentum for a great fall... ;-)

Tue, 08/26/2014 - 11:30 | 5144981 Son of Captain Nemo
Son of Captain Nemo's picture

"Looking at the size of Porshenko and Putin, I think it is porshenko that would be doing the body slamming."..

Yeah Paz

Show me a Jew that is good at anything other than counting money and owning sports franchises?

It's as close to an athletic supporter as a Jew will ever get!

Tue, 08/26/2014 - 12:45 | 5145462 pazmaker
pazmaker's picture

wow look at all those down arrows!!  The Putin worshippers are out in droves today!!!  How easy people are willing to cheerlead for anybody who is anti-western.

Did all of you Putin Worshipers ever stop to think that there is more than 1 form of evil and that just because one opposes the west does not make them a saint or a hero.  It appears many readers on here have black and white vision and are incapable of seeing the grey.  For example, it is quite obvious to me that Porshenko is a western puppet, whose strings are being pulled and he isa tool being used andand being pulled willingly I might ad, but it is also quite obvious to me that Putin is KGB and behind many sinister operations similar to his cousins and counterparts from Langley.

 

It for all the "it's the Jews fault crowd"   Take a closer look at Putin's mother was Jewish, Putin's Maternal Grandfather-Jewish

 

Let's see a list of Putins allies in Russia    For example, Yuri Kovalchuck, reportedly Putin’s personal banker, Vladimir Yakunin, head of Russian Railways, billionaires Boris Rotenberg and his older brother Arkady, Vladislav Yuryevich Surkov, former Russian deputy prime minister, Sergey Yurievich Glazyev, Putin’s aide and author of 40 books, Leonid Eduardovich Slutskii, member of the State Duma of Russia, Professor Andrey A. Klishas (Moscow University), Ukraine-born Valentina Ivanovna Matviyenko, the highest-ranking female politician in Russia, and former governor of Saint Petersburg and the current Chairman of the Federation Council of the Russian Federation, Dmitryi Olegovich Rogozin, former Russian ambassador at NATO and Yelena Mizulina, a member of the Communist Party. (a little hint in case you can't tell  they are Jewish!!! oh no!!!!!!)

Tue, 08/26/2014 - 13:14 | 5145593 Phuk u
Phuk u's picture

Shhh Paz dont upset the Putin rim lickers, they dont like it up em.

Tue, 08/26/2014 - 13:55 | 5145777 Son of Captain Nemo
Son of Captain Nemo's picture

Pez,

You are right about one thing it is all the "Zionist" Jews fault!...

First you said the holy land was Jerusalem and now it's Ukraine?...  Any chance you will be moving out of your current digs?... OR will you once and for all be evicted by the neighborhood you've been handed over for the last 65 years for creating the only genocide and holocaust in the Middle East of the last two centuries?...

The only hope for you is if you divorce yourself completely from your narcissistic psychopathic tendencies to covet everything. But that won't happen and maybe that's a good thing for the rest of the World at this point as it means there is rallying point ahead and only one real solution to the problem!

Samson options are probably your only way out at this point but what I love most about you is that you are the worst fucking cowards when it comes to your own skin, OR should I say the ones that control you!

Can't keep shitting in your own bath water and expect to stay clean and call it "home" at the same time!

Tue, 08/26/2014 - 14:43 | 5145964 pazmaker
pazmaker's picture

Please Captain Nemo find for me where I said Jerusalem is the holy land? If you ever can find a post where I called Jerusalem a holy land that may be bacause it is considered that to the Jew, the Moslem and the Christian(all three claim it as their's)  Calm down breath easily and read my entire post and see where I say I know that Porshenko is a puppet and is strings are being pulled.( I guess in your mind that makes me a supporter of Ukraine)   Also note that my criticism is of those who want to paint everything as black and white using silly logic such as:

 

Porshenko is bad therefore Putin must be good!   the same logic is used with Israel     Israel is Bad, therefore Hamas must be good!

 

If you have read any of my past post you will see I have acknowledge the plight of the Palestinians and even chastized western Christian for supporting Israel.

 

Many Palestinian Christians suffer under the same plight as Palestinian Moslems, but unlike you I see that Humans of all sorts committ atrocities against other Humans and therefore I put no man on a pedastal as many here do with Putin, which cause you to jump to the conclusion I'm a Porshenko supporter or an Israeli supporter.

 

What I am is a person who is able to see that many times, evil is at action on both sides of the conflict and there is not always a good guy and bad guy, but many times two bad guys.

By the way I am a Eastern Orthodox Christian not Jewish nor a supporter of Zion, just not blinded by hatred or by silly paradigms.

Peace

Tue, 08/26/2014 - 16:20 | 5146402 Son of Captain Nemo
Son of Captain Nemo's picture

By the way I am a Eastern Orthodox Christian not Jewish nor a supporter of Zion, just not blinded by hatred or by silly paradigms.

Hey Paz,  if you haven't seen this one yet then I'd say if I had to pick the lesser of two evils then I'll stick with the "lesser of two evils".

By the way of indeed you are Eastern Orthodox make a sign of the cross to St. Nicholas twice and watch 1 hour and 37 minutes of this!

Peace

Back at Ya!

Tue, 08/26/2014 - 09:44 | 5144505 SpanishGoop
SpanishGoop's picture

Wouldn't it be fun if the Ukrainian parliment re-instated itself during his visit  and tell Proshenko to better stay in Minsk.

 

Tue, 08/26/2014 - 10:26 | 5144722 tony wilson
tony wilson's picture

Putin (~$440bn

bollox and balls and scrotum sacks.

rupert schlomo murdoch says putin is worth at least 3 trillion possibly 5 trillion but maybe net worth 12 trillion.

once deductions are factored in that makes 49 trillion dollars.

after divorce deductions from his ex wife ludmilla that leaves 26 dollars and 110 cents.

Tue, 08/26/2014 - 11:21 | 5144942 Victor999
Victor999's picture

It must be at least $300 trillion!..... ;-)

Actually, I suspect no one but Putin knows how much he is worth.  But I believe it is far less than what people believe.

Tue, 08/26/2014 - 11:33 | 5144997 Volkodav
Volkodav's picture

VV Putin was never about money

Tue, 08/26/2014 - 11:33 | 5144988 Hongcha
Hongcha's picture

I have seen elsewhere Putin's money estimated at ~ 40 billion USD so this article's number is overstated by a factor of ten.  His position in Gazprom throws off a nice chunk of change, that's for sure.  Oh, and I got my divvy from Kruppwerke, I mean, Gazprom last week.  Ran about 5.1% I reckon.  Yahoo! Finance was apparently told not to print Russian stock dividend rates but I assure you they are paying.

Tue, 08/26/2014 - 10:28 | 5144728 vyeung
vyeung's picture

so, First tier preseident meets little league president (albeit little league is supported by the bad boyz in the West).

Tue, 08/26/2014 - 10:32 | 5144733 vyeung
vyeung's picture

Yea, Putin is worth ALOT of $$$$. Way more than the official numbers. Plus, its in a ccy that will appreciate down the line. Poroshenko's is probably in US Treasuries, USD and the Ukrainian ccy (I doubt it with these fascists/nazis) kakaka.

Tue, 08/26/2014 - 10:29 | 5144735 eddiebe
eddiebe's picture

Poroshenko is playing a very dangerous game. He is squeezed between a rock and a hard place. He made a pact with the devil to get into the position he occupies now and the devil is never satisfied with what he has, he always wants more. Look at what Ghadafi and Sadam got when they finally told the devil to fuck off. Meanwhile the suffering of the common people just gets worse and worse. They and we get to know a fraction of what is happening, if even that, mostly just mis-direction.

Tue, 08/26/2014 - 11:59 | 5145134 Oldrepublic
Oldrepublic's picture

He who sups with the devil should have a long spoon!

Tue, 08/26/2014 - 10:52 | 5144772 cowdiddly
cowdiddly's picture

The main thing I hear here was Joe Biden's crooked ass will have to find another job for his POS son. As for peace at this point it is futile buecause it is not settled on the ground yet. It would only flair up again in 6 months if they try to stop now.

The gloves will have to come off as matching equipment of the original Ukraine army are running low. Putin has placed his marker, You ain't getting the Donbass gas for free you fucks.

OT: Night time low in Kiev a nice 50 F. Not unconfortable yet but makes you want to check the firewood stack and mamma starts to sleep a little closer at night.

Tue, 08/26/2014 - 10:41 | 5144798 Yttrium Gold Ni...
Yttrium Gold Nitrogen's picture

The problem with Poroshenko is that he doesn't say what he means and doesn't do what he says.

Tue, 08/26/2014 - 10:58 | 5144864 Anarchy 99
Anarchy 99's picture

Did I read this right?

russia may lose up to $2.7 billlion.

 

http://www.zerohedge.com/sites/all/modules/blockquote/images/menu-leaf.g...); background-position: 100% 100%;"> over ten years while Russia may lose up to €100 billion ($2.7 billion)

Russia makes that selling gas to EU in what..5 minutes?

Tue, 08/26/2014 - 11:03 | 5144872 Anarchy 99
Anarchy 99's picture

In this pix, Putin looks like the "fox" (big smirk),  porky looks like a fat Capon.

 

capon is a rooster or cockerel that has been castrated to improve the quality of its flesh for food.

Tue, 08/26/2014 - 11:05 | 5144883 Anarchy 99
Anarchy 99's picture

Porky: I can swallow you whole.

Putin: no need, the potus does that.

Tue, 08/26/2014 - 11:18 | 5144925 schatzi
schatzi's picture

Christ on a bike. Is this place infiltrated by the KGB?

 

The pro-Russia bullshit is becoming unbearable. It had its funny moments in the past, but now it's just getting tedious.

For the world of me I don't get the Putin fanbois.

 

Autocratic? Check

Despot? Check

Blatant disregard of human rights? check

Virulently homophobic? check

Suppression of minorities? check

Monopolising media? check

Nationalistic? check

Territorially expansionistic? check

Blatant disregard of international law? check

Kleptocratic? check

Oligarchic? check

Militaristic? check

Archaic? check

Chauvinistic? check

 

Complain about the loser US presidents all you like, but they're still way more preferable than this guy.

 

Tue, 08/26/2014 - 11:40 | 5145025 Yttrium Gold Ni...
Yttrium Gold Nitrogen's picture

<kidding>Yes, it is. We're all Putin's FSS agents, all we do is drink vodka, pet our bears and write pro-Putin comments on ZH. When we get bored of all that, we polish our AKs and invade Ukraine, usually on weekends.</kidding>

BTW, I did not vote you down.

Tue, 08/26/2014 - 12:02 | 5145153 Anarchy 99
Anarchy 99's picture

Dude, chill, we're just having some fun.

Tue, 08/26/2014 - 13:16 | 5145477 Boogity
Boogity's picture

Yawn... Every box you checked for the Russkies can be checked by the USA as well.  But there are a few additonal boxes for the USA that the poor Russkies can't check.

Rampant violent crime and murder?  check

Racial riots and violence?  check

Massive public and private debt?  check

The most disparate income inequality in the developed world?  check

Imprisoning thousands of people around the world without due process and trials?  check

Secret rendition and torture of thousands people around the world?  check

Attacking more than 30 Third World countries around the planet since WW2?   check

Slaughtering several million innocent civilians in the aforementioned attacks against Third World countires?   check

Tue, 08/26/2014 - 13:28 | 5145651 morongobill
morongobill's picture

Forget that, let's put this in terms anyone can understand:

Obama                                                                                                      Putin

looking for the backdoor when the fighting starts                   Looking for the biggest and baddest, putting his ass down and

                                                                                       out of the brawl

takes his shirt off at the beach                                            removes his when shooting firearms

extends pinkie when holding cup or glass                              holds same like a man

tries to look and act tough                                                   no trying required, he is tough

Any vets out there? Which man would you follow into combat? Which one could you count on to get you out if you got wounded in action?

Tue, 08/26/2014 - 17:31 | 5146710 TungstenBars
TungstenBars's picture

A lifetime of brainwashing will lead to lashing out at reality, we understand why you are  angry so we aren't mad at you. 

Tue, 08/26/2014 - 18:20 | 5146899 bilejones
bilejones's picture

Please provide a list of the counties that Russia has invaded in the past 15 years.

Provide the same for the US.

Tue, 08/26/2014 - 19:34 | 5147135 tvdog
tvdog's picture

No Russian ever did anything to me. Can't say the same for the U.S. governmennt.

Tue, 08/26/2014 - 11:30 | 5144983 Sandmann
Sandmann's picture

Ukraine will be fine when Obama ships LNG from Qatar to Ukraine at US taxpayer expense simply financed by a 10% tax on gasoline. USA must show solidarity with its New Protectorate

Tue, 08/26/2014 - 11:33 | 5145004 jacship
jacship's picture

*POROSHENKO: OPEN TO TALKS ON EXIT OPTIONS FOR SIDES TO CONFLICT

Three of a kind won't go far, come November

Man-up

Call a ceasefire


Tue, 08/26/2014 - 12:01 | 5145082 Jorgen
Jorgen's picture

Mr. Poroshenko may have something in common with Mr. Gorbachev as he seems to be presiding over dissolution of the Ukraininan state in its current borders, judging by this press conference and this news article.

Tue, 08/26/2014 - 12:06 | 5145181 Latina Lover
Latina Lover's picture

The Ukraine that appeared 23 years ago, after the dissolution of the USSR, never existed as an independent nation. It is comprised of at least 5 unique regions, and was slammed together by european powers and soviet leaders.   What we are witnessing today is the final chapter of the breakup of the USSR.

Tue, 08/26/2014 - 11:39 | 5145022 robertocarlos
robertocarlos's picture

IF Russia gives Ukraine 4 billion of gas and Putin forgives Ukraine's past due bills then MAYBE they can reach a deal, provided all Pro-Russians leave Ukraine today.

Tue, 08/26/2014 - 11:48 | 5145052 Latina Lover
Latina Lover's picture

Why would Putin do that when the Ukies economy is imploding, and without russian gas the Ukraine will freeze this winter? 

I think you meant if the Ukraine pays Gazprom 5.1 billion owed plus another 3 billion, then perhaps the Ukies may survive the winter.

http://www.reuters.com/article/2014/08/22/ukraine-crisis-gas-idUSL5N0QS3...

Tue, 08/26/2014 - 13:23 | 5145636 robertocarlos
robertocarlos's picture

I'm such a Putin lover I didn't think I needed the /S.

Tue, 08/26/2014 - 12:02 | 5145151 Mike Masr
Mike Masr's picture

Boomerangs are a bitch! Let them freeze this winter!

Tue, 08/26/2014 - 12:11 | 5145217 Reptil
Reptil's picture

och Putin is just saying what it is:
They want to join the lala-land zone. There are consequences, since there's a slight gap between reality and Nulandistan.
After this, the russians will not warn. They will make dry jokes, and watch it descend into chaos.
I feel sorry for the people in the Ukraine (east and west).
They are sooooo screwed.

Tue, 08/26/2014 - 14:33 | 5145949 talisman
talisman's picture

US should be giving thanks
every moment that Putin
is running Russia

if Russia had a weaker leader,
the US/AIPAC Zionist rulers 
and their zioNazi puppets
would instantly take over the
Ukraine, and start instituting 
their long-planned destruction
of Russia by take-over coup.....
Like every other crooked
US/AIPAC managed regime change
this would lead to disaster
even greater than what is
now happening in Iraq and Libya
once an ISIS-like terrorist force
gets hold of Russia's nukes.  

 

Wed, 08/27/2014 - 00:57 | 5148038 Wolf in the Wilds
Wolf in the Wilds's picture

Watch the following interview with the leaders of the leaders of the DNR (the rebels), which was held with international press present.

https://www.youtube.com/watch?v=yH35raTPVu8

 

This is a full fight from independence now and it is unlikely to end with de-escalation.  The question going forward is when Russia will be forced into the fight.

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