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Post time 2014-3-5 02:34:11 |Display all floors
Kremlin warns US over potential sanctions

Mar 4, 2014

A Russian official says potential sanctions by Washington against Moscow would lead to the “crash” of the US financial system and end its global financial domination.

Kremlin economic aide Sergei Glazyev said on Tuesday that Russia will reduce its economic dependency on the United States if Washington decides to impose sanctions against Moscow over the issue of Ukraine.

“We would find a way not just to reduce our dependency on the United States to zero but to emerge from those sanctions with great benefits for ourselves,” Glazyev said, adding that Russia could stop using dollars for international transactions.
“An attempt to announce sanctions would end in a crash for the financial system of the United States, which would cause the end of the domination of the United States in the global financial system.”

The comments came a day after US President Barack Obama threatened Russia with sanctions.

If Russia continues its deployment of troops in Ukraine’s Crimea, the United States will take a “series of steps – economic, diplomatic – that will isolate Russia and will have a negative impact on Russia’s economy and its status in the world,” Obama stated.

In an interview with a US news network a day earlier, US Secretary of State John Kerry also warned Russian President Vladimir Putin over the deployment of Russian troops to Crimea, saying Russia could be ousted from the G8 developed nations if it continues on present path.

Kerry also threatened that Washington could target Russia’s state-run financial institutions and freeze assets of top-ranking Russian officials involved in the Crimea crisis.

Moscow’s military deployment to Crimea comes after Russia’s parliament gave the green-light to president Putin to use military forces to protect its interests in the Black Sea territory.

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Post time 2014-3-5 02:36:48 |Display all floors
Russian FM slams threats of sanctions

Mar 4, 2014

Russian Foreign Minister Sergei Lavrov has criticized the threats of “sanctions and boycotts” against the country over its alleged role in Ukraine’s ongoing crisis.

At the opening session of the UN Human Rights Council in Geneva on Monday, Lavrov said those who speak of sanctions are the ones that “ultimately polarized Ukrainian society.”

He also emphasized that the interests of the Ukrainian people should be considered first.

"I call upon them to show responsibility and to set aside pure political calculations and put the interest of the Ukrainian people above all," he stated.

This came after the US and the EU had warned Russia of the consequences of its troop deployment in Ukraine.

Lavrov also said that the presence of Russian troops in Ukraine's Crimean peninsula is necessary to protect the country’s citizens.

"We are talking here about protection of our citizens and compatriots, about protection of the most fundamental of the human rights—the right to live and nothing more," he noted.

The Russian minister urged the new government of Ukraine to respect the February 21 agreement signed by ousted President Viktor Yanukovych, which was aimed at terminating the crisis in the country.

He slammed the opposition leaders because they “did nothing” to implement the deal.

"The illegal arms have not been relinquished. The government buildings and streets of Kiev have not been completely freed. Radicals maintain control of cities," Lavrov said.

Ukraine has been gripped by unrest since November 2013, when now-ousted president, Yanukovych, refrained from signing an Association Agreement with the European Union in favor of closer ties with Russia.

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Post time 2014-3-5 02:38:31 |Display all floors

At a minimum, Russia should ask for prepayment for energy from all EU countries -- they have signalled very strongly that they may soon stop honouring tbeir debts. A more prudent move would be to switch off the gas until all open balances are paid. The EU wants to eat it's cake and have it too -- tbey would like Russia to supply their energy needs but reserve tbe right to stop paying if the US orders them to adhere to sanctions.

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Post time 2014-3-5 02:39:11 |Display all floors

Russian economy is stable. EU catteries must offer their cats a warm and cosy place to live with gas central heating, so be nice to business friendly Russia. Even Snowden agrees.

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Post time 2014-3-5 02:39:44 |Display all floors

When one compares astute statesmen Putin and Lavrov to amateurs Obama and his henchman Kerry and their wenchwoman Nudelman, you can observe the frustration of the latter group, behaving like angry kids caught with hands in the cookie jar. Threats of sanctions, threats of eviction from G8, press conferences accusing Great Russia of behaving like marauding Americans in Iraq and Afghanistan, meetings in the Situation Room--Oh no ! The Situation Room! Impressive. (Laughable is more like it.) Obama, go to the UN and try complaining. Expect two vetoes. You know from whom.

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Post time 2014-3-5 02:40:45 |Display all floors
World needs Zionist free BANKING:

The global banking system must be reformed and take away from US/Zionist hyena hands as they freeze assets and sanction nations that stand-up to them. China, Russia, India, Iran, Venezuela, Brazil and the rising free world must devise its own financial and banking systems.

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Post time 2014-3-5 02:42:26 |Display all floors
World stock markets plunge over Ukraine crisis

Mar 4, 2014

Stock markets have plunged in the US, Europe and Russia amid political tension over the crisis in Ukraine.

Global stocks slumped on Monday as Western powers threatened Russia with “sanctions and boycotts” because of its deployment of troops to the Crimea region of Ukraine.

European markets were hit hard, with the Euro STOXX 50 index losing three percent, and London's FTSE 100 dropping 1.5 percent.

Moreover, Frankfurt's DAX 30 fell 3.4 percent and Paris's CAC 40 plunged 2.7 percent.

In the US, the Dow Jones lost nearly one percent and the S&P 500 lost 0.7 percent.

    "Rising tensions between Russia and the West has set investors on a war footing ... with stocks being hammered," Mike McCudden, head of derivatives at online broker Interactive Investor, said.

MICEX stock market in Moscow finished down 10.8 percent while the RTS bourse shed 12 percent.

Oil prices rose to their record high this year since there are fears that the crisis in Ukraine may lead to energy market disruptions.

"The decision by Russia's central bank to raise interest rates ... is a clear attempt to stem outflows of capital from financial markets following the escalation of the crisis in Ukraine over the weekend," Neil Shearing, a London-based economist at Capital Economics research company, said.

Ukraine currently experiences severe economic conditions, seeking new funding from the International Monetary Fund (IMF), the United States and the European Union. Ukrainian officials say the country requires $35 billion during the next two years.

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