Consider this: if they are tearing down monuments to Soviet troops are they not then legitimizing the Nazi occupation? If so on what ground can they demand reparation?
Miscellaneous News
- Thread starter bd popeye
- Start date
plawolf
Lieutenant General
On the basis of I want free money, a boatload of it in fact!
You don't understand, the reparation is for Germany failing to liberate them from communist oppression.
Us bans chinese cotton. Chinese cotton become cheaper.
Pakistan flood, increase cotton prices.
Texas drought decreases US cotton. Cotton prices soar.
Indian cotton production decreases as well.
Textile companies hurting from high cotton prices. Ironic. Prices passed down to US consumer. Increased inflation.
Apparently, CNN slowly changed the dark red color to a lighter color lol. The red stripes on the US flag went from red to pink.
I knew it. Alzhimers was just a show. Darth Brandon is truly the Sima Yi of the United States.
They will claim Germany occupied and oppressed them, ignoring the fact the Polish government behaved just like nazis. They attacked the USSR, Czechoslovakia and Lithuania. They even brought in anti-Jewish laws before the Nazis did. That's why there was the Polish death camp controversy a few years ago.
Poland like other eastern European countries are all dying off. They have mass emigration with low fertility basically the worst of first world problems and third world problems.
The only thing keeping them alive is western funding, pretty soon that will dry up and they will disappear again.
Willing buyer, willing seller. Don't wanna to pay the price that Russia is charging for their gas? Go and find someone else.
But hurry. Winter is Coming!
How does this not contribute to global inflation? The West sets a price cap. Russia doesn't agree to sell its oil at that price. No deal. Available oil supply in the market for the West reduces. Less supply, same demand = higher prices. Basic economics. Idiots!
No insurance and financing from the West for oil shipments out of Russia. So what? Gazprom and the Russian financial institutions are relatively cash-rich now thanks to greater profits from higher oil prices. They could easily substitute Western-issued insurance and financing. And make more money in the process. Plus there are other major sources of finance in other non-G7 countries. Like in China and South Korea. Have they actually even thought this through?
G-7 finance chiefs agree on Russian oil price cap
Statement leaves out key details of plan, including upper limit level(Reuters) -- Group of Seven finance ministers agreed on Friday to impose a price cap on Russian oil aimed at slashing revenues for Moscow's war in Ukraine while keeping crude flowing to avoid price spikes, but their statement left out key details of the plan.
The ministers from the club of wealthy industrial democracies confirmed their commitment to the plan after a virtual meeting. They said, however, that the per-barrel level of the price cap would be determined later "based on a range of technical inputs" to be agreed by the coalition of countries implementing it.
"Today we confirm our joint political intention to finalize and implement a comprehensive prohibition of services which enable maritime transportation of Russian-origin crude oil and petroleum products globally," the G-7 ministers said.
The provision of maritime transportation services, including insurance and finance, would be allowed only if the Russian oil cargoes are purchased at or below the price level "determined by the broad coalition of countries adhering to and implementing the price cap."
The ministers said they would work to finalize the details, through their own domestic processes, aiming to align it with the start of European Union sanctions that will ban Russian oil imports into the bloc starting in December.
The G-7 consists of Britain, Canada, France, Germany, Italy, Japan and the United States.
The ministers said they would seek a broader coalition of oil importing countries to purchase Russian crude and petroleum products only at or below the price cap, and will invite their input into the plan.
Some G-7 officials have expressed concerns that the price cap would not be successful without participation of major importers such as China and India, which have sharply increased their purchases of Russian crude since Moscow launched its invasion in February. But others have said China and India have expressed interest in buying Russian oil at an even lower price in line with the cap.
Enforcing the cap would rely heavily on denying London-brokered shipping insurance, which covers about 95% of the world's tanker fleet, and finance to cargoes priced above the cap. But analysts say that alternatives can be found to circumvent the cap and market forces could render it ineffective.
Despite Russia's falling oil export volumes, its oil export revenue in June increased by $700 million from May due to prices pushed higher by its war in Ukraine, the International Energy Agency said last month.
The G-7 finance ministers' statement follows up on their leaders' decision in June to explore the cap, a move Moscow says it will not abide by and can thwart by shipping oil to states not obeying the price ceiling.
The U.S. Treasury has raised concerns that the EU embargo could set off a scramble for alternative supplies, spiking global crude prices to as much as $140 a barrel, and it has been promoting the price cap since May as a way to keep Russian crude flowing.
Russian oil prices have risen in anticipation of the EU embargo, with Urals crude trading at an $18-to-$25 per barrel discount to benchmark Brent crude, down from a $30-to-$40 discount earlier this year.
Non-paywall source:
What happened to the neoliberal free market model those countries have enforced on the Global South countries for the last three decades? They implement and change the rules according to their own interest. The so called rules based international order.