Miscellaneous News

Rettam Stacf

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Just when the US and EU are talking about sanctioning Russian gold import and export, it was disclosed that Switzerland imported more than 3 tons of gold from Russia in May. But no organization in Switzerland want to admit that they are the one doing it.

Russia exports gold to Switzerland for the first time since the war in Ukraine began as some buyers soften on self-sanctioning​

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Switzerland imported gold from Russia for the first time since Vladimir Putin launched his war on Ukraine, suggesting that the self-sanctioning of some buyers may be easing.

In May, over three tons of gold arrived in Switzerland from Russia, according to data from the Swiss Federal Customs Administration cited by
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. It marked the first Russian gold import for the European nation since February.

The move by Switzerland — which holds four major gold refineries — is notable because most buyers stopped importing gold from Russia when the London Bullion Market Association removed the country from its accredited list.

It marked a de facto ban on Russian gold from the London market, but no explicit sanctions have been imposed that prohibit Russian metal from being processed in other nations or at other refiners.

Swiss gold refiners say they didn’t import mystery Russian metal​

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The industry association for Switzerland’s gold refiners said its members didn’t import gold from Russia last month, raising questions about who bought the country’s precious metals.

The statement raises questions about the identity of the end-buyers, as the ASFCMP’s 14 members include all the major refineries in Switzerland which dominate the processing of precious metals globally. Buying them from Russia became taboo within the industry following the country’s invasion of Ukraine.
 

FriedButter

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Regardless of how much the United States sympathizes with Ukraine's tragic circumstances; even the mighty United States must make tradeoffs. With a myriad of domestic issues ranging from a
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, record inflation, a stagnating economy, and the ongoing Covid 19 pandemic, US policymakers cannot afford to pursue the status-quo in both Europe and Asia.

The Neocons are so out of touch with reality. Honestly, they should just suspend the constitution, all elections, and declare permanent martial law

The United States should leverage its wealthy and capable allies in Europe to do more of the heavy lifting when it comes to balancing against the threat of Russia.

Those “wealthy” and “capable” allies are totally not panicking over energy, inflation, and the depleting weapon stockpiles. Also it sounds like the Neocons see the painting on the wall and wants to offload the Ukraine crisis so the EU can hold onto the bags.
 

KYli

Brigadier
After Asian parents revolt, SF goes back to merit based admissions system for elite high school. Those D's and F's grades for students that admitted through the lottery system should be a reminder for liberals that think admitting a failing student to an elite schools would make a difference.
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Waiting for NYC to abandon its lottery system as more outcry for unfairness.
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