Tuesday, August 5, 2014

Russian President Putin Has Given The Order To Prepare Sanctions Against The West

Vladimir Putin visits Voronezh. © RIA Novosti. Alexei Druzhinin

Putin Orders Retaliation as Russia Seeks Aid for Ukraine -- Bloomberg

President Vladimir Putin ordered the government to prepare a response to U.S. and European sanctions as Russia said eastern Ukraine neared a “humanitarian catastrophe” and required immediate international assistance.

“Political instruments of pressure on the economy are unacceptable, they contradict all norms and rules,” Putin said today during a meeting with Alexey Gordeev, governor of the Voronezh region near Ukraine. Any retaliation “must be done extremely carefully to support producers and avoid harming consumers.”

Read more ....

More News On Russian President Putin Giving The Order To Prepare Sanctions Against The West

Putin Urges Government to Prepare Response to Western Sanctions -- RIA Novosti
Putin asks government to develop countermeasures to Western sanctions -- RT
Putin orders government to consider retaliation to western sanctions -- ITAR-TASS
Putin tells government to respond to Western sanctions -- Reuters
Vladimir Putin orders his government to draft response to Western sanctions -- AFP
Putin to chair high-level Russian talks in Crimea, defying West -- Euronews
Putin Readies Retaliatory Measures Against Sanctions -- The Wire
Putin says sanctions coming against West; new calls for Ukraine intervention, mission -- Washington Post

My Comment: I do not see what they can do that will have an impact. The natural gas will still be sold, and regular trade will continue. But what will have a massive impact will be this .... Moscow may force European airlines to fly around Russia (Reuters) .... but I have doubts that they will go this far.

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