US And Germany Continue To Allow The Purchase Of Russian Natural Gas
German foreign minister Annalena Baerbock: “We buy 50% of our #coal from Russia. If we exclude Russia from #SWIFT the lights in #Germany will go out.”
— steve hilton (@SteveHiltonx) February 27, 2022
yeah maybe should have thought of that before shutting down your nuclear power stations
Zero Hedge: US, Germany Continue To Allow Gas Transactions With Russia Despite SWIFT Ban
As Russian banks closed down both ATMs and then, later, open market trading, to avoid or contain the fallout from the Russian incursion into Ukraine, it's becoming increasingly apparent that the West doesn't have the right tools to sanction Russia - not that they could even if they did.
The problem, as we have said many times before,boils down to Russia's control over Europe's energy supplies. But even as a growing number of Russian oligarchs release messages claiming that their sympathies lie with the Ukrainians (not that any of them have actually committed to doing anything that might undermine the war effort), Russia's position remains unassailable.
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WNU Editor: It is always about the money.
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