Guilty On All Counts!Posted By Mel Maki |
Putin decided to go with Biden. Maybe he didn't value Trump's "glowing approval" as much as you do.
Guilty On All Counts!Posted By Mel Maki |
Guilty On All Counts!Posted By Mel Maki |
Guilty On All Counts!Posted By Mel Maki |
Guilty On All Counts!Posted By Mel Maki |
Guilty On All Counts!Posted By Mel Maki |
Guilty On All Counts!Posted By Mel Maki |
Guilty On All Counts!Posted By Mel Maki |
Guilty On All Counts!Posted By Mel Maki |
Perspective...Posted By Mel Maki |
Guilty On All Counts!Posted By Mel Maki |
My statement stands. The high prices are getting Russia a lot more money. Sure, without sanctions Russia would pocket even more. But your link starts the article saying Russia is enjoying windfall gains when prices rise.Originally Posted by Rod Kaufman
"It remains to be seen whether Russia is actually reaping the full benefit of rising prices. Neil Shearing, group chief economist at Capital Economics, says sanctions are already having a marked impact on cross-border transactions, including as yet untouched oil and gas exports."
"Evidence for that, Shearing says, comes from the price differential between Brent crude – one of the global benchmarks – and Urals crude, the main Russian export blend. Before the invasion, Urals crude traded at an average discount of $2-$3 a barrel, but that has subsequently widened to almost $25 a barrel."
"With the rouble hitting fresh lows against the US dollar, Russia is already feeling the impact of sanctions."
https://www.theguardian.com/business/2022/mar/07/west-impact-russia-sanctions-oil-gas