Saturday, August 11, 2018

New US sanctions against Russia despise Putin

Following the announcement of the latest decisions on US sanctions against Russia, Putin is on the border to be broken. The lack of adequate peacekeeping left the Russian government without any opportunities. The unwise behavior of Russian rulers on the world stage brings more and more damage to the already weak economy of Russia. While Russian oligarchs can afford losses because of the actions of their representatives in power, the people of Russia are becoming more and more impoverished, and are increasingly struggling with the successes of their rulers' stupid decisions.
The US authorities have announced that they are introducing new sanctions against Russia for the attack on the Russian gas double agent Sergei Scripal in the United Kingdom. The action has put additional pressure on the ruble, pushing it to its lowest value since November 2016. The Russian currency and the price of government bonds began falling early on Wednesday as investors worried about a separate draft bill proposed by US lawmakers calling for sanctions to intervene in elections, Bloomberg reported.
"It is clear that significant sanctioning actions have overwhelmed Russia either on the part of the administration, the Congress, or both together," said Tim Ash, a strategist at Bluebay Asset Management LLC in London. The sanctions envisaged concern the export of certain technological products, such as electronic devices and equipment of a delicate nature that are relevant to national security. There will be an exception for space flight operations, space cooperation and areas such as passenger flight safety, which will be judged separately, said anonymity wise. It is possible that the trade-affected trade will reach hundreds of millions of dollars. From Russia depends how drastic the consequences will be, he stressed.
After the entry into force of these sanctions, Russia will have 90 days to give credible assurance that it will no longer use chemical weapons and allow inspections by the UN and other international monitoring organizations. If not, a second series will be imposed on "Strong sanctions," said Russian airline officials, "not to be admitted to US airports, and even to the end of diplomatic relations between the two countries," the high representative said.
The Kremlin has been notified of this Washington decision yesterday, BTA notes. The British authorities welcomed the news of the sanctions. "The robust international response to the use of chemical weapons on the streets of Salisbury sends an unambiguous message to Russia that its provocative and reckless behavior will remain unanswered," a London spokesman told Reuters.
In addition, Prime Minister Dmitry Medvedev is shocked and disillusioned.
"The further strengthening of economic sanctions against Russia can be defined as the announcement of an economic war." This is what he said, quoted by BGNES.
According to him, this war should be given an economic, political or other kind of response.

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