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jwnz

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Rettam Stacf

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Temstar said:
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The old switcheroo, although for someone like Saudi Arabia to import Russian oil at sanction discount and then to sell their own oil at full price is just really, as we say in Chinese 吃相难看
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Saudi Arabia learned the trick from China who purchased gas from the US at cheap price under long term contract, and then diverted the gas tankers to Europe at hefty profit. Then China imports cheap gas from Russia to make up the shortage, if any.

All those Western economic "genius" managing the economic war on Russia ...............

China Sells U.S. LNG to Europe at a Hefty Profit​

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FriedButter

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EU may cut financial aid to Ukraine - Bloomberg​

The EU held up the promised funds due to concerns over its own economy, Bloomberg reports


The funds promised to Ukraine by the EU have been delayed due to concerns over the bloc’s own economic troubles and infighting in Brussels, Bloomberg reported on Friday, citing people familiar with the discussions.

Back in March, the European Commission proposed a €9 billion ($9 billion) loan to Ukraine that would be backed by the guarantees of EU members’ governments. However, so far the bloc has managed to agree only on a first tranche worth €1 billion, which was unveiled on Tuesday.

According to Bloomberg, the hang up is because Germany tried to convince the EU to provide non-refundable grants through the International Monetary Fund rather than loans to Kiev.
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The EU is broke lol.
 
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