Zero Hedge: Total Ban On G7 Exports To Russia "Simply Not Doable" - Japan, EU Officials Say
As expected, an initiative by some leading Western allies in the Group of Seven (G-7) to ratchet the economic war on Moscow further - to the point of enacting an outright ban on all exports to Russia - has failed before it so much as got off the ground.
The move came as the US-led economic war has clearly failed to stop Moscow’s war machine in Ukraine, and as the US, Britain, Canada, France, Germany, Italy, Japan and the European Union are looking ahead to their major summit set for May in Hiroshima.
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WNU Editor: Not surprised that EU and Japanese officials are now walking back their vow to impose a complete export ban on Russia. It would severely damage their own economies.
On a side note. I agree with Seymour Hersh that this trading relationship is bizarre .... ‘Crazy’ that Russia and Ukraine still trade – Seymour Hersh (RT).
Economy the size of Italy btw.
ReplyDeleteGoes to show you how manipulated the global GDP figures are.
Japan, the stupidest country in the world, lost in the second war, USA did what it wanted with Japanese and Europeans, now asks for help from those who destroyed its nationalism...
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