The sanctions have been directed against Putin and his Oligarch advisor friends and they will ultimately affect Russian citizens.
Why these sanctions ? Because Putin obstinately wants to "conquer by force" Ukraine, Independent since 1991, after having "snatched- back" Crimea six months ago ! Putin and Russia, no longer respect international treaties when supplying armaments to pro-Russian rebels in Ukraine, not to speak of the Malaysian airliner ML17.
What are the latest sanctions ? They aim to restrict all trade with Russia and to freeze Banking Assets of Oligarchs outside Russia.
What effect will these sanctions provoke ? There are several, some short term, others of a longer term nature;
- Putin's performance will be judged by everyone
- Oligarchs will want security for their assets.
- Less exports will mean unemployment.
- The Russian Rouble will depreciate on all Money Markets which could lead to a devaluation.
What will Putin and Russia do ? He has already said that there would be an increase of the price for Siberian Gas !
That is the weak spot in the armour of the West ! Putin will certainly cut off supplies in the middle of next winter if invoices for orders of gas have not been prepaid !
EU countries must now work together as a team and abandon some of their National priorities. Putin will be fighting for his own political future and therefore will not miss any chance he can muster to split the unity of the West.
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What effect will these sanctions provoke ? There are several, some short term, others of a longer term nature;
- Putin's performance will be judged by everyone
- Oligarchs will want security for their assets.
- Less exports will mean unemployment.
- The Russian Rouble will depreciate on all Money Markets which could lead to a devaluation.
What will Putin and Russia do ? He has already said that there would be an increase of the price for Siberian Gas !
That is the weak spot in the armour of the West ! Putin will certainly cut off supplies in the middle of next winter if invoices for orders of gas have not been prepaid !
EU countries must now work together as a team and abandon some of their National priorities. Putin will be fighting for his own political future and therefore will not miss any chance he can muster to split the unity of the West.
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