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Anxious EU Leaders Delay Russian Sanctions For "Few Days"
Whether it is confidence in Poroshenko's statements that "the ceasefire is holding" or fears over Russia's threats of "asymmetric" retaliation, Europe's leaders - having convinced the Finns not to veto - emerged from their emergency meeting and declared tough new funding sanctions on Russia's big three oil companies... will be "delayed a few days." It would seem - as we noted earlier - Europe is debating whether or not it can last the winter cold better than Russia can withstand the funding lock.
The suspended provisions include barring some Russian state-owned defense and energy companies -- including OAO Gazprom Neft, OAO Rosneft and OAO Transneft -- from raising capital in the EU, according to a European official who spoke on the usual condition of anonymity
As Reuters reports,
The European Union formally adopted a package of new sanctions against Russia on Monday, but said their entry into force would be delayed to leave time to assess whether a ceasefire in Ukraine is holding.
"The entry into force (of the new sanctions) through the publication in the Official Journal will take place in the next few days. This will leave time for an assessment of the implementation of the ceasefire agreement and the peace plan," EU Council President Herman Van Rompuy said in a statement.
"Depending on the situation on the ground, the EU stands ready to review the agreed sanctions in whole or in part," he said.
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We assume this is today's de-escalation reason for the v-shaped recovery that enabled S&P 500 to regain 2,000 once again.
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Pussys
Ingo, why so cald up in here.
So somebody tell me..
Is the west run by the Keystone Cops, Men in Tights, or The Gang Who Couldn't Shoot Straight?
Spaceballs
To make matter worse for the NWO, this winter will be the coldest in recent memory.
I doubt this is waffling or chickening out. More likely they get a lot of pressure from the USSA, and agree just to humor them.
The intention all along was to never implement and hope obama and clowns just go away and leave everyone alone.
Uncle Warren shut down the pipeline so it wouldn't hurt his precious Burlington RR. Got that one. As far as MIT and TGWCSS, would that be Kochs and Co? Or Shedlon 'about to croak' Adelson?
EU just wants to "top off the tank" before getting tuff on "vlad the ImPailinor"
Barney Fife.
Pillocks, actually.
well, the russian are tougher than the west europeans...
they lost 25 MILLION fighting the germans and their allies (romanians, italians, finns, and anyone else the ss could recruit) and still won WW2...almost single handedly, i may add...
Finns sided w/ Axis?
Don't think so. Probably a reference to the Winter War.
Lazzzycanuck ! It would be so easy to find out... ever heard of a thing called internet (or wikipedia) ?
1st no props for wiki and 2nd crazycannuck has it right.
Stalin attacked Finnland during the Molotov pact. So, Finnland was fighting the Soviets when Adolf got Operation Barabarossa going. The Finns did not choose Adolf. Stalin chose the Finns.
Stalin did attack the Finns first. And then, the Finns decided to ally themselves with the Germans. Nobody forced them, the war with USSR was finished at that time. And no, they didn't "beat" the Russians, they lost part of Karelia before having to agree to an armistice with Stalin.
P.S. Wikipedia is a decent source of info for most (but not all) of the issues.
Yep, the Finns fought with the Germans, till they saw that Germany wouldn´t win the war.
correct!
mostly around leningrad..currently st. petersburg...
and also in a battalion in the ss
as did more than a few french, british, muslims, norweigens, ukrainians (cossacks), and even a couple of americans served in the ss during WW2...
and the russians beat all of them.
I like pussy, therefore the EU members can not qualify as one. They do however qualify as a member.
He who hesitates, masterbates.
...... always have a date at hand.....
I think they are pussywankers
Ahh Pussy's?...........Putin's stroking his like the James Bond super villain character"Blofeld"
..........muhuhaha.............muhu-hahahaha!
I doubt Putin thinks any of this is funny. You confuse Hollywood with reality.
F the EU-SSR and Obama-US-AIPAC.
Oh and F the next troll who comes on here saying we all love Putin.
lol
I was going to post pussies blinked
I was hoping to read about the boomerang today. Russia banning all EU based airlines from flying over the vast Russian territory to Asia and Gazprom's CEO Alexei Miller raising the price of Natural Gas 150% to the EU, shutting off Ukraine for non-payment and demanding payment in Yuan, Rubles or Gold!! Fuck the EU's reserve. This will go in 30 days with Ukraine freezing to death and the EU sending gas back flow. February can get damn cold. Obama needs to send Al Gore on an emergency mission to the EU and Ukraine. As people freeze to death they can find comfort hearing about global warming!
I'd like to know why Putin is being held responsible for the success of the cease fire signed between the Kiev forces and the freedom fighters in the eastern Ukraine? He doesn't control them nor was he the one who started the war? Why the fuck is Russia the entity that gets sanctioned if the cease fire fails?
I suspect all the outrage is not just about the civil war in E. Ukraine. Perhaps the new gas deals in Yuan might have something to do with it.
I have a hunch that Vlad's wondering the same thing and figures .... Never let a crisis piloted by clueless incompetents go to waste.
aka Strategy
Anyone recall Leningrad from a few years ago? Somehow, I cannot see the Russians caving over some economic sanctions. If the fools in Belgium try to pull this off, it will end badly for them.
So wait, is the EU now going to sanction Ukraine crawfishing on it's debt to Gazprom?
Grow a pair EU, freezing to death ain't so bad. They say it is like falling asleep. Well after you feel hot and tear off all your clothes.
pods
I am getting a new bumper sticker:
Save Europe - Support Global Warming
We should all do it - for the kids.
Do not worry, EU pussys, the yanks will give you a hand, pushing the S&P north of 2k, will help you.
ZH has long been my prime source for breaking economic news. Everyone else can go to CNBC.
CNBC is pushing the headline:
EU Adopts New Sanctions Against Russia.
I wish they would at least pretend they weren't a state run 'news' outlet.
CNBC was irrelevant to news way before they became insignificant.
True, state run, since the state is run by AIPAC and the owners of MSNBC are AIPAC donors, the Robertson family who own Comcast. OF course the financing for the acquisition of NBC came from AIPAC donors who run Wall Street with the Easy money from AIPAC donors running the FED.
Got AIPAC in your life?
Well we know it is an inside job, state is run by insiders...
AIPAC is just one facet of the Lobbyist. But damn you are right that AIPAC lead the congressmen around by the nose through corrupted patriots like John McCain, Lindsey Graham, their little acolytes, and of course it is clear US House committees on Intelligence and Foreign Policy are just as guilty as Senate committees on Intelligence or Foreign Policy.
The Powerful committees of the US are corrupted. Someone must say this. 9-11 Commission was corrupted. JFK Commission was corrupted. And there was no Commission on MLK and Bobby Kennedy.
There was a Coup. Maybe many Coups. We need data.
TV, CNBC and Hollywood is for retards.
Come on Barry!...
Just tell them that if they don't do what they are told with the new sanction(s) some U.S. embassies will be closing and that you are worried about a nuclear bomb going off in their cities if they continue to procrastinate!
Tell them you're pretty certain that it might happen in there city!!!
red line diplomacy LOL
Good to see the EU banks have fast tracked loans to these Russian companies to tide them the winter. Looks like a new Winter of Discontent is about too wash over the Eurotrash leaders, hopefully some of them will end up getting put up against the wall.
"The Secret of Politics? Make a good treaty with Russia"
Otto Von Bismarck
I guess you could say that the EU is getting cold feet at imposing the new sanctions. Literally.
I'll huff and I'll puff, and blow my own house down.
Why don't you... Sit right back
I'm huffin', puffin'And I... I may tell you a tale
A tale of three... little pigs
And A Big... Bad... Wolfffffff!!!
I'll blow your house in
Huffin' and puffin'
An' I'll blow your house in
Green Jellÿ - Little Pig, Little Pig
Nice to see the new "Cold War" getting back in gear. Ah, comrade, just like old times, nyet?
Correction to article. "whether Russia-China can withstand the funding lock." That Russia and Putin are standing alone is a tenant of FSA propaganda.
Similar to the quaint and nieve assertion that ISIS just suddenly arose out of the desert, my oh my, and is not a fully-funded subsidiary of SA-Qatar-CIA.
Well, if you are going to insist on being technically accurate, you would want to also include Brazil and India as also withstanding the funding lock. Those countries making up the BRICs know damn well this has nothing at all to do with Ukraine and everything to do with their efforts to operate outside the fucking clutches of the US gov't and it's perpetual printing of dollars. This effort by the US to start a war is about the most transparent this fucking administration has done to date.
If the BRICS expand on there monetary alliance to military alliance, then this entire fucking shit show would end in a instant. Just a thought............
What's beats me up is as to WHY Russia does not strike first and instead awaits the combined foolhardy rumblings of the EYOU.
All past deals are off the fucking table ( you cum licking fucktards ) and we will sign INDIVIDUAL deals with sovereigns.
Now who wants what? Form an orderly queue OR FUCK OFF.
For Russia to wait for winter snow to the turn the battlefield to home-field advantage is a time-honored tradition, examples are legion.
The really funny part is that the same retarded nations who thought that invading Russia in the winter was a good idea, are now playing chicken with the country that can keep them warm. Stalin must be sitting in hell laughing is ass off at Hitler and Napoleon saying something like: "I can't believe your idiotic people are again messing with mother Russia in the wintertime. I'm sure it will turn out much better this time."
If your enemy wants to hang himself, give him more rope.
Cold War heating up or cooling off? Polar Vortex or Solar Vortex?
Cash or Bonds? Is gold forever or are diamonds? Do we we live once, or do we live twice? Who's up, who's down?
Who's on top? Miss Onatop? Meet Plenty O‘Toole. May Day, May Day, going down. Cancel all meetings till further notice. Goodnight Moneypenny. - From Russia with Love
Kirk, it all makes sense if you assume that Harvey Mudd is running things! :>D
blink
So, Russia helped to create some peace in the Ukraine, but it's going to be struck by sanctions again.
The signal is obvious: "We just want to sanction Russia, reasons don't matter."
This looks like preplanned theater. Is it so they can follow through in a couple weeks, who knows. Is it a show to see the reaction of their citizens, to prep the citizens or to push the "Russia must be stopped" propaganda?
If the EU goes through with this the most distrubing thing to me is that it will show that the people who control the US/UK/Israel (or should I just say the unseen owners of the central banks) have established control of the EU politicians and these politicians no longer consider the welfare of their citizens. They will be called upon to sacrifice their people's economic well being and then when the people are desperate they can convince them physical war is acceptable or the only way forward.
I would push this even further and am starting to think that this entire campaign is a theater of some kind. The one between USA and Russia who have conspired to it and are going through it as they have planned. At the end each side will gain something, though it is not at all obvious what it is they are each trying to get. Because if this is not a theater, then it is just completely retarded beyond description. At the end of the day, what is the point of escalating against a nuclear state which Russia is? Push hard enough and they will say you either stop that shit, or we will launch tomorrow and then see ya in hell. This is the end game, very simple. So why they keep playing and escalating? IMHO, only to make it all look real and scary. And scary it is I admit.
What I find totally perplexing is that the European citizenry is going along with this. I've grown accustomed to the idiocy of the average American, but somehow I thought the Europeans were slightly more in touch with the realities of geo politics. Guess not!
The west will end up paying interest and penalties on Ukraine's Gas debt, and then Russia will take them over anyway....
This is beyond surreal~~ Someone pour the cold water on me, so I'll wake up...
All aboard the S.S. Eurotanic >>>> blub...blub...blub
the sanctions against Russia! the yuppies clearly have had to much white powder up their nose, to think this will scare nation with history of Russia. China should say thanks for cheap gold and cheap hydrocarbons.
Politics is apparently a thought-free-zone?
So, Europe is 'stockpiling gas'. I translate that to, "Europe is buying a larger, than normal amount of gas from vendors - including Russia - now during the summer, and then storing it in case gas is turned off in the winter."
But basically, they are not planning on buying any less gas. They are buying the same amount, and storing it.
The only difference is WHEN they plan to buy it. Similarly, Russia is receiving extra money now. They will not receive less money total. The only difference is when the purchases happen.
Gas prices go up in winter. If storage prices are more than the winter-price-increase then this is not efficient behavior.
Russia's predicament is not different. These regions of Europe are mutually dependent. Russia will suffer during the winter, and then sell extra during the next summer - at higher prices.
Other than the speeches the idiot politicians will make, what's the difference? Europe is betting they can budget their gas better than Russia can budget money. Russia is betting the opposite.
For this to make any sense there has to be an unstated variable.
The variable is El Nino. If it rears its ugly head, as it is supposed to, I don't care how much gas the EU's stockpile, they're still going to freeze their furking balls off. Just for the record; I hope they do. Chickenshit assholes.
It's a fight between the raving lunatics and the cautious, not-quite-lunatic-but-at-least-neurotic players behind the scenes. That NATO meeting in Scotland must have been very interesting for a fly on the wall, especially the caucus meetings after hours.
Wales. Meeting was in Wales. Scotland is the referendum story. Cameron told Scotland that if they vote the wrong way the will get a terrorist suprise. MI6 knows a lot about terror suprises.
Are these the same sanctions they vowed to enforce this weekend...?
I knew they would cave after thinking about their little balls shriveling up and lips turning blue from the cold this winter. Just more kubuki theatre for the masses.
Ya Detroit is engaging in "asymmetric" retaliation too
http://www.thedailybeast.com/articles/2014/07/26/detroit-shuts-off-water...
Most Detroiters don't drink water. Some like Mad Dog 20/20 or T-Bird wine. The more upity ones drink Hennesey.
If the EU stops Russian gas, what do you think happens to the loan payments Russian gas companies are making to EU banks?
Great question. But I'm guessing many of those banks have CDS or other derivatives to cover their asses in that event. Of course a default of that size could trigger the popping of the derivative bubble: just another crumbling pillar of this fiat economy.
NATO must keep up the pressure so that the EU can follow in the footsteps of the Ukrainian economic miracle........
http://slavyangrad.org/2014/09/08/statistics-tell-the-tale-irreplaceable...
Statistics tell the tale: Irreplaceable losses for the Ukrainian economy
The published results by the Goskomstat (Federal Bureau of Statistics) of changes to the Ukrainian economy during the first half of 2014 can be shocking. But the most important figures in the situation at hand are not the fact that the GDP fell 4.5% , nor even that the gross domestic product is predicted to fall -7% by the end of the year, but the irreplaceable losses concealed by these frigid statistics—the losses that will destroy the actual possibility of a Ukrainian economic recovery in the future.
We are speaking primarily about the collapse of the industrial sector, which is accelerating. During the period from January to June, the volumes of industrial production shrank by 5.8%, while July alone brought that sector down by another 12%. The most profound damage was suffered by the coal sector (-28.7%), the automobile production (-23.8%), the chemical manufacture (-22.2%), the oil refining sector (-15.9%), the rubber industry (-13.8%), metallurgy (-12.3%), and furniture production (-12.5%). Clutched by war, the Lugansk and Donetsk regions have lost 56% and 28.5%, respectively, of their industrial potential. The crisis of the component supply from Donbass in turn led to the collapse of the industrial giant of Zaporozhie (ZAZ). This enterprise lowered its production volume by 98.9%, and by October will probably stop all manufacturing, leaving 21,000 workers out of the street.
The industrial potential was also dented by the fall in exports to Russia, which ranged from 25% to 70% over the different sectors. For example, automobile production lost 40% of all exports, metallurgy – 32.6%, agricultural – 37%. It must be noted that these horrific statistical indicators include the period during which Ukraine had a legitimate government, and economic relationships with Russia were actively developed.
They will not sanction "Pussy Riot", the Washington think tank band that perrforms and sings the script handed to them by Neoconservative Washington DC. The sluts claim to be a cutting edge women's rights band, when in fact, they are simply whores of the western media campaign against Russia. Pussy Riot whores seek out sacred places to spew their filth, filth straight from American corporate mass culture. Sort of Russian style MTV brought to it's lowest level of filth. Highly paid by western corporations and likely on the CIA payroll, these sluts try to provoke sane religious and conservative family values Russians. Their aim is to so disgust normal people that some Russians will react against these helpless MTV style sluts and thus make good western news coverage showing the evil Russian state picking on tiny little innocent girls just seeking an outlet for their music. Of course this is all fake shit, their are paid agents of Washington, seeking to get money and fame from the sick popular culture of the west. Useless sluts that they are.
Spot on, Jack. Pussy Riot is just another American NGO. Paid agitators, nothing more.
The Russians should make them register as agents of a foreign government.
Jack Burton;
For a month now I have seen emotional conflict in your words.
I'm not sure you are balanced at this point. Are you depressed? What is going on?
Anyway I just drank half pint of 101 proof US Rum. I have no clue what you are talking about.
Sure political groups like: anyone that gets air time in the USA is political are getting paid off.
Pussy riot has been said to have political "Sugar Daddies". So I understand why they would be called whores or prostitutes by conservatives... Are you a conservative Icon?
Well if you have inflexibility, mob mentality, or Group think about lynching people,... that seem to fit a description of the criminal mind... then you are just an "Unthinking Thug".
Best of Luck.
----
Well I should explain I don't look for buddies in this blog or other blogs. That separates me from the followers and the joiners I suppose. I just post stuff and most I expect is some ego boost... so I've not chased posters in anyway.
The good thing is that society has become so desensitized to that kind of crap that the only way they can get attention now is to self immolate.
Yay.
A shortage of natural gas is about more than sitting cold in your home, it is about keeping business going and your economy working. It is not something to take lightly. At this point Putin holds all the cards, this will become more obvious as winter nears and events unfold. It seems both Russia and many of the separatist in Eastern Ukraine would support federalization.
Surely, no reason exist for Kiev to be opposed other than a loss of power. A more federalized government is also the most plausible way of keeping Ukraine intact. Support for sanctions is mixed in Europe as some countries fear Russia and have an ax to grind with Putin while others wish to move forward. Saber rattling has only lead to death and destruction. As I see it little good will come from further bloodshed and it is time for the West to stop sending money to Kiev so they can ramp up the violence and continue the civil war. More on the progress being made in the article below.
http://brucewilds.blogspot.com/2014/08/eu-moving-towards-deal-on-ukraine...