The Independent: Russian oligarchs in London to be hit with tough sanctions even if it hurts UK economy, Liz Truss vows
Super-rich Russian oligarchs in London will be hit with tough new sanctions to deter Moscow from invading Ukraine, even if it hurts the UK economy, Liz Truss says.
The foreign secretary rejected claims that the power and wealth of Russians in so-called “Londongrad” will prevent the UK – and the West as a whole – punishing Vladimir Putin’s aggression.
Ms Truss said legislation for new sanctions is imminent, alongside the expected sending of 1,000 further British troops to Estonia and warships to the Black Sea.
She rejected a claim that the cost to the UK would be “dramatic”, saying: “The most important thing is defending freedom and democracy and that is more important than immediate financial issues.
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Update #1: Liz Truss warns Vladimir Putin he faces Ukraine 'quagmire' like Afghanistan or Chechnya as she vows to bolster sanctions so there is 'nowhere to hide' for oligarchs 'propping up the Russian state' (Daily Mail)
Update #2: UK to bring in measures to allow for tougher sanctions on Russia, says Truss (The Guardian)
WNU Editor: Her threat that seizing assets is "not of the table" is what caught my eye. A senior Russian politician with ties to the Kremlin has responded .... Russia tells Britain what will happen if it sanctions 'oligarchs' (RT).
Her threat that seizing assets is "not of the table" is what caught my eye. A senior Russian politician with ties to the Kremlin has responded .... Russia tells Britain what will happen if it sanctions 'oligarchs'
ReplyDeleteSo the British foreign Secretary and senior Russian politician are telling us and confirming for us that the Russian government is a government of the oligarchs and for the oligarchs.
Sanctions against major world powers haven't worked and won't work. One definition of insanity is continuing to do the same thing expecting a different result!!
ReplyDeleteAll that could come from such stupidly is hastening the inevitable end of the US dollar as world reserve currency and undermines the desired goal of a "soft landing" when the inevitable does happen.
I'm sure the Brirish are still angry about losing their colonies and obviously our leadership class HATES George Washington, John Adams, and other Founding Fathers. This may partially explain why our government so slavishly supports the British government.
Russia should consider economic sanctions and threats of sanctions as acts of war, warranting a full response.
ReplyDeleteSanctions are an act of war. The recipient of such Sanctions views them as such. The US Constitution requires Congress to declare war before we can go to war. Since Sanctions are an act of war, Congress needs to declare war before implementing them
DeleteHaving the US dollar as world reserve currency is a great privilege that we should all be grateful for. Obviously post WW2 no one expected that to last indefinitely and plans for a controlled change should've been worked on from the start
Such reckless use of sanctions undercuts our interests and places our people in grave danger. As an act of war, they should only be able to be implemented as part of a congressional declaration of war.
Sanctions are an act of war?
ReplyDeleteThen during the 1940s. Japan did not declare on the US first, but the US declared war when it refused to sell scrap iron and oil to Japan in 1939. Is that you position? do you want to go there bub?
If it is an act of war or if embargo-ing or illegal, then what should the US response be to Japan invading China?
Interesting, I'm somewhat familiar with this argument. I'd have thought Japan could've easily lined up additional sources for this independent of America. Perhaps our leadership class of the WW2 era actually took the time and effort to build up support for their position. Today many would consider it a badge of honor to oppose us and our leadership class. Today Japan would've had no problem lining up suppliers for "scrap iron and oil" or anything else they needed. Today sanctions against a similar power to Japan of the WW2 wouldn't work.
Delete"...to Japan invading China...?" Maybe if Japan succeeds we aren't having to deal with China today. There's no way to know. We had to use nukes to beat Japan and our leadership class feels incredible guilt about this. Essentially we've been rendered a vassal to Japan to be used and abused by them in any and all ways they deem fit!!
Kindly crawl back into the hole you came our of and remain there!!
" I'd have thought Japan could've easily lined up additional sources for this independent of America. "
ReplyDeleteReally, then name one.
The Brits?
The Dutch?
The French?
the Canadians?
The Australians?
Face it, we all know you are full of it.
Uh, oh another red line for Vlad. I admit to a special distaste for Russian oligarchs. If Puta cares so much about them, why doesn't Russia change its fk'g laws so they don't have to leave the country to protect their wealth? (I could say the same about rich Chinese and Arab investors in Western countries.) As it is, they are probably responsible for as much economic/social damage as whatever supposed benefits they bring. No doubt they have ruined London's housing market. Mayfair, for example, is most definitely ground zero Londongrad, as prices are now affordable for only the mega rich. The trickle down effect raises housing prices for even lower end properties: London (as with many areas of NYC) is now just too damned expensive for the average city worker to live in--and this at a time when there is already a housing shortage crisis. Many if not most of these rich foreign assholes NEVER SET FOOT IN THE PROPERTIES THEY BUY. In fact, they are hidden behind and within so many legal mazes, good luck even determining who actually owns these properties. Usually, all that can be determined is it's some bullshit shell company doing business in the Caribbean. They also f*k up entire neighborhoods where they buy. Since the houses are left empty, these areas are becoming ghost neighborhoods, forcing long-time businesses out due to a lack of of walk-in business. On and on. So, f*k yeah, sanction their asses.
ReplyDelete