* The Biden administration announced sanctions against Russia’s central bank on Monday, a move that prohibits Americans from doing any business with the bank as well as freezes its assets within the United States.
* The new measures will also target the National Wealth Fund of the Russian Federation and the Ministry of Finance of the Russian Federation.
* A Biden administration official, who spoke on the condition of anonymity in order to share Washington’s thinking, said the new sanctions will take effect immediately.
WASHINGTON — The Biden administration announced additional sanctions against Russia’s central bank on Monday, a move that effectively prohibits Americans from doing any business with the bank as well as freezes its assets within the United States.
The new measures will also target the National Wealth Fund of the Russian Federation and the Ministry of Finance of the Russian Federation. A senior Biden administration official, who spoke on the condition of anonymity in order to share Washington’s thinking, said the new sanctions will take effect immediately.
Read more ....
Update #1: US cutting off Russia's central bank from US dollar transactions (CNN)
Update #3: U.S. Treasury prohibits transactions with Russia's central bank (The Hill)
WNU Editor: Russian stock markets are closed indefinitely. The line-ups in front of Russian banks and ATMs started early this morning. The Bank of Russia has responded, but I know it will not be enough .... Bank of Russia increases key rate by 10.5 pp to 20% (TASS).
There will be short and long term consequences from this US action. The short term will be Russians not having access to foreign currencies, high inflation, shortages of goods. In the long term this undermines the position of the US dollar as the reserve currency of the world, and will accelerate its decline. Bottom line. When this is all over there will be no winners from this crisis.
15 comments:
Well, I think short term we will see that cyber attack Klaus Schwab was talking about which offers this next "unfortunate and totally random" crisis that THEY will exploit to further take our rights, our wealth and our property so that by 2030 we will own nothing, have no privacy and love it (or else)
That's the goal
By 2030.
And we are well underway with bootlicking goosestepping types like fazman cheering on the tyranny from Australia to Canada @ medical passports, digital currency and social credits
TRIAL THEM
HANG THEM
BURRY THEM IN SHALLOW GRAVES and make it a national holiday
Long Term planning has to be put on hold when Current events necessitate a dramatic shift in approach. None of us have a crystal ball that can gaze 20-40 years into the future, we can only speculate and try to make the right choices in front of us. If the rest of the world stays united Russia's ambitions and even the growth of China could be curtailed if the world realizes it has a stronger back bone and forces itself to change habits and become energy independent.
Trade is why China grows and Russia felt emboldened. If trade is no longer assured countries will have to pause before they take aggressive postures.
Stephanie Neiman was murdered in 1999, because someone wanted her truck and she wouldn't give it to them. They got it over her dead body. Some would reason the truck was not worth her life and it is not, but that is missing the point. If people do not stand up for themselves they get runover. Pushing back against unreasonable demands or crime is a learned behavior and it is mostly a beneficial one in Darwinian terms. If people did not push back, It would not be a 19 year old wanting to steal that truck or any truck it would be 8, 10 or 12 year-olds doing likewise. You have to push back. biden did not push back starting in June 2021 when he halted arms shipments to Ukraine.
Someone asked what selected president biden should have done. He should have laid out a road map and timetable of sanctions communicated first to the Putin and his politically reliable generals and then a day or two later to the public.
Spouting that the sanctions will be unprecedented and more sooper dooper than ever before doesn't cut it. Ned Price, Kirby and Psaki tell so many bald face lies, who believes them?
If sanctions come into play like clock work following a pre-announced schedule, maybe the lackey generals in the Kremlin would be just smart enough to follow along and see where it is headed.
Do not believe in the bald face lies, because the biden administration is too pure? How about cancelling the XL pipeline and the UAE-Israel-Cyprus pipeline while greenlighting Nordstream II pipeline. biden did all 3 things. biden went further by canceling new leases in federal land while begging oil producers around the world to increase oil production.
Either oil produced outside the the USA does not lead to CO2 emissions and is HOLY or biden was abjectly and witlessly begging foreign countries to cover his ass.
What is Putin to make of such administration that sabotages energy production in its own country and seems to not learn but double down?
The southern border is but another example of stupidity and witlessness. It is not only people coming across the border but fentanyl. The supply chain for the fentanyl originates in China and flows through transnational criminal syndicates and Hezbollah. But not to worry. The state governments got their multibillion dollar settlement for opioids and they are going to ride that to reelection.
Drug Overdose Deaths in the U.S. Top 100,000 Annually
For Immediate Release: November 17, 2021
Drug Overdose Deaths in the United States, 1999–2020
There are going to be George Floyd overdose deaths. The drugs will have come south of the border and no drug settlement with drug companies will stop it. I can only hope that police will be stuck in traffic, so they will not be anywhere in the vicinity of a "I can't breathe".
Another wave of George Floyd riots might not be an opportune time to attack, because the Democrat party can turn that on and off within 2 weeks to a month.
The fentanyl drug surge is hybrid warfare by China and the US does nothing. They do not secure the southern border, call China out on it or go after Hezbollah on the southern border. What is Putin supposed to think?
the biden administration appeared weak. 2024 looked bad for Democrats, so Putin pounced.
Laying out the sanctions on a road map and a timetable would have disabused Putin of attacking. While the White House may be a clown show, not everyone in the Pentagon or State Department is a clown.
This brings us one step closer to nuclear war. The Russian state will view this as an existential attack.
Former President Donald Trump, who has a long history of denigrating the North Atlantic Treaty Organization (NATO) and who, as president, discussed removing the U.S. from the alliance, has now claimed credit for its existence. He’s also patting himself on the back for supplying Ukraine with weapons, despite once threatening to withhold security assistance from the country unless it helped smear Joe Biden ahead of the 2020 election.
Sharpsville man accused in Capitol riot, Matthew Perna, dies
First Jan. 6 trial of Three Percenter Guy Wesley Reffitt exposes U.S. radicalization
And Fred (1:18) is just passive aggressive as ever. Fred is also triggered. Note the all bold font.
Biden actually withheld weapons last June (June 2021).
Trump threats to leave NATO had the desired effect. Germany spent more money on defense than they did before his threats. It is noted in various periodicals of Mr. Brainiac would merely look it up and read.
Germany vindicates Trump, boosting NATO spending while lifting ban on selling weapons to Ukraine
2016 39,725
2017 42,366
2018 46,512
2019 49,277
Here’s Donald Trump a couple of years ago pointing out that Europe, especially Germany, was going to be held hostage by Russian oil and that it represented a massive threat to NATO
This tweet from CNN is a freaking time capsule. The smugness from the comments. The mocking.
In 2022, Trump was proven right!
But keep citing CNN. LOL!
Circling the wagons around the Bidens might end soon. A grand jury is meeting and Hunter may be indicted soon. His business partner has been. Devon Archer has a good WASP name, but his white privilege did not protect him. His business partner is luckier He has Democrat Party privilege.
If Joe mumbles for 3 minutes or more on Tuesday, Hunter will be indicted.
More passive aggressiveness by Fred at 1:18 & 1:19.
Sad. Fred asked what Biden could have done different. I answer him and he deflects by crying "But Trump".
SAD
WASHINGTON — There are few things that President Vladimir V. Putin of Russia desires more than the weakening of NATO, the military alliance among the United States, Europe and Canada that has deterred Soviet and Russian aggression for 70 years.
Last year, President Trump suggested a move tantamount to destroying NATO: the withdrawal of the United States.
Senior administration officials told The New York Times that several times over the course of 2018, Mr. Trump privately said he wanted to withdraw from the North Atlantic Treaty Organization. Current and former officials who support the alliance said they feared Mr. Trump could return to his threat as allied military spending continued to lag behind the goals the president had set.
3:20 needs to see a psychiatrist.
Germany's Air Force Has a Serious Problem
January 17, 2020
"And it's running out of time to fix it."
"The German magazine Spiegel recently revealed that most of the Luftwaffe’s—the modern German air force’s—128 Eurofighter Typhoons are not flightworthy."
Trump was right. Germany is not spending enough money on defense. He called them out on it.
3:20 needs to be honest
3:20 is like Scarecrow, they need a _____.
Trump's former Acting Attorney General just destroyed his "big lie"
The big question: the imposed sanctions have already undercut the ten years prep by Putin who anticipated sanctions. Assume Russia topples Ukraine. Will those sanctions remain in place?
What will be worldwide implications if sanctions by anti-Russian nations stay in place?
Definitely feels shortsighted from the US but not at all surprising.
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