Unlikely. and the fact he deals with him being a criminal is kind of "shooting the messenger" which would not be a good way to stay informed.
Ukrainian War Developments
- Thread starter james smith esq
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Unlikely. and the fact he deals with him being a criminal is kind of "shooting the messenger" which would not be a good way to stay informed.
Have you noticed how within the last few days Ukraine has actually placed a number of clearly outlined points with regards to a peace deal with Russia? Even though they are not actually truly acceptable to Russia, they did include neutrality and also having neutrality without actually finalizing any status agreement deal with regards to the Donbass and Crimea. To me this sudden outlining of points by Ukraine is too coincidental with Russia's ultimatum of non dollar and non Euro payments.Who will blink first?
What happens if Russia turns off the gas taps to Europe
Deadline approaches for switching payments to rubles
Russia has given “hostile” countries a March 31 deadline to begin payments for natural gas imports in rubles. The new currency-switch rule will affect countries that imposed economic sanctions on the nation and froze its foreign currency reserves. This particularly concerns some EU countries that rely heavily on Russian energy supplies.
- What will happen after March 31?
Russia says Europe will not get free gas if countries refuse to pay in rubles. “We are not going to supply gas for free, this is clear,” Kremlin spokesman Dmitry Peskov said on Tuesday. When asked whether gas would be turned off for non-payers, Peskov replied: “No payment, no gas.” He added, however, that Russia is yet to make a final decision on how to respond should European countries refuse to pay in the Russian currency.- How much does Europe depend on Russian gas?
Europe depends heavily on Russian gas for heating and power generation. Russian gas accounts for some 40% of Europe’s total consumption. The EU’s gas imports from Russia this year stood between €200 million and €800 million a day.- What happens in Europe without Russian gas?
The European Commission has said it plans to cut EU dependency on Russian gas by two-thirds this year and end its reliance on Russian supplies “well before 2030.” However, economists say it’s not easy to replace the 1,550 terawatt-hours of Russian gas delivered to the EU in 2021. Europe cannot replace the supply shortfall quickly; it will need to curb demand. Meanwhile, increased liquefied natural gas (LNG) imports in an already tight global LNG market would place immense upside pressure on prices. This would be a major hit to the European economy, which is already suffering from sky-high energy prices. A prolonged halt in supply of Russian gas would come at a cost for the EU and might even result in some countries that are more exposed to Russian gas fluctuations, like Italy and Germany, having to take emergency measures. German chancellor Olaf Scholz has warned that a ban on Russian energy imports would trigger an economic recession across Europe.- What are the wider implications?
There is a risk of a global energy crisis. Russia is the largest natural gas exporter in the world and the second-largest exporter of crude oil behind Saudi Arabia, according to the International Energy Agency. Replacing Russian gas will not be easy. Europe will have to buy gas on the open market, which means if they buy from countries like Qatar or the US they will have to pay more. It also means that the gas they buy will not go somewhere else. The result will be higher gas prices everywhere as countries outbid each other for limited supplies.- Will oil prices be affected?
Russia supplies around four million barrels of oil per day to the European Union. Unlike gas, the supply of which to a greater extent is still regulated by long-term contracts, the price of oil is volatile and is determined by supply and demand. If Europe still decides to abandon Russian oil, then crude prices could soar to $200 per barrel, or even higher, analysts warn.- Will Russia sell other commodities in rubles?
President Vladimir Putin has hinted during his payment plan announcement that natural gas could be the first Russian commodity to be sold in rubles. If the West imposes further sanctions, it raises the possibility that other Russian export commodities could be priced in rubles, including oil, metals, and grain.- Who will blink first as the payment deadline approaches?
So far, the EU and G7 nations have rejected Russia’s demand to switch their payments for gas to rubles. Russia said it will not provide free gas supplies, suggesting that it is ready to shut off the taps. If that happens Moscow would lose between €200 million to €800 million each day of the embargo. However, Russia could redirect some of the gas to Asia. Europe would likely face an economic crisis not seen since WWII, as soaring energy prices would send the region’s economies into recession. So, who will blink first? Place your bets.
This could major as these grains are vital for many countries
Africa/Middle East import quite a lot of grains from Russia
(Dunno about the rest of the world)
That would be a really bad move by Russia politically.
Installing Yanukovych would just enrage the average Ukrainians even more - to the point of spontaneous human combustion.
There was a reason he had to flee hence why he would basically become a huge rallying point for the fight against Russia.
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What happens to their President's last name which is "ZELENSKY" either that guy is being desperately stupid or not thinking clearly or serious enough with respect to what he's proposing. So the President of Ukraine is now known as President ELENSKY.
It looks like the US strategy is to keep the war in Ukraine going.
The objective is to bleed Russia dry in order to regime change Putin.
But it is Ukraine that will suffer the most from such a US strategy. Then Russia next and then Europe.
The US just gets to sit back, take market share from Europe which would be suffering from industrial disruption and also have Europe buy expensive American gas as well. Bloomberg article below
The objective is to bleed Russia dry in order to regime change Putin.
But it is Ukraine that will suffer the most from such a US strategy. Then Russia next and then Europe.
The US just gets to sit back, take market share from Europe which would be suffering from industrial disruption and also have Europe buy expensive American gas as well. Bloomberg article below
Neither sides. They are speeding towards a head-on collision.Who will blink first?
That's my bet.
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