Here we go again-Ukraine once again

[les green01]

Sanctions only work if close all loopholes and target everything but usually the regular people suffer while the folks like Putin don't effect them

[Jimbuna]

[Skybird]

Vladimir Schirinovski got invited for a diabolic BBQ after for the past weeks he was sufficiently marinaded in Covid-19 sauce. The devil says he wants his steak bloody.

Damn Nazi. Why was he saved by Putin from getting denazificated...?

[Skybird]

Wanna have Rubles? Der Spiegel writes:


For the first time, Russia has made payments for two foreign currency bonds in rubles rather than dollars. Because of the Western blockade of its foreign currency reserves as a result of the war against Ukraine, Moscow intends to continue doing so in the future. "Russia has all the necessary resources to service its debts," Kremlin spokesman Dmitry Peskov said. "If this blockade continues and payments to service the debt are blocked, they could be made in rubles."

Earlier, the Finance Ministry had decided to make the payments of $649.2 million that were actually due to creditors of the government bonds maturing in 2022 and 2042 in the national currency, the ruble. According to experts, Russia now has 30 days left to transfer this money in dollars after all. Otherwise, the process will become "a formal default of Russia on foreign debt," as Russia expert Gerhard Mangott of the University of Innsbruck tweeted.

"Theoretically, a default situation could be created, but that would be a purely artificial situation," Kremlin spokesman Peskov said. "There are no grounds for a real default."

The U.S. had earlier increased pressure on Russia over its invasion of Ukraine. The Treasury Department in Washington prevented the Russian government from making payments due from foreign currency reserves held at U.S. banks, which had previously been possible. This is intended to force the Kremlin to make a decision: To use dollars it can access domestically either to make payments to its creditors or to use them for other purposes, such as financing the war, and risk a sovereign default.

"Russia must decide whether to use up its remaining precious dollar reserves or generate new revenues - or default," said a U.S. Treasury spokesman. If the obligations are not met, Russia faces its first default since the Russian Revolution of 1917, when the Bolsheviks did not recognize debts dating back to the tsarist era.

Rating agencies are warning of a Russian default, citing increased doubts about Moscow's willingness to pay. Although Russia has a well-filled treasury, its access to currency reserves has been severely limited by the sanctions.

The major U.S. bank JPMorgan Chase has so far handled Russian payments as a correspondent bank. It has now been stopped by the Treasury, an insider told Reuters news agency.

In total, Russia has 15 international bonds outstanding with a face value of about $40 billion. Russia currently has no access to international bond markets to borrow fresh money because of the sanctions. A default would potentially deny the country access to these markets for many years to come - namely until creditors are fully satisfied and all legal disputes resulting from the default are resolved.

Translated with www.DeepL.com/Translator (free version)

[Catfish]

No pity.

https://mobile.twitter.com/GicAriana...66053029785601

[Skybird]

Originally Posted by Catfish

No pity.

https://mobile.twitter.com/GicAriana...66053029785601

Who cares anymore? He is now on the grill and roasting away. Getting some ice-cold beer spilled over every once in a while.

[Jimbuna]

Originally Posted by Catfish

No pity.

https://mobile.twitter.com/GicAriana...66053029785601

That tweet by Guy Verhofstadt further down the page made a lot of sense.

[Jimbuna]

[Jimbuna]

Here's the reality of the current situation regarding finance...

Josep Borrell, the EU's chief diplomat, separately acknowledged on Wednesday that the one billion euros ($1.09bn; £833m) Europe spent on Russian energy every day put into sharp perspective the billion euros given to Ukraine in military assistance since the start of the invasion.

[mapuc]

Mariupol city council reports that Russians started to sweep away the traces of their war crimes in the town and burn the bodies of murdered residents en masse in mobile crematoria." liveuaemap

Markus

[Jimbuna]

Ukraine's deputy PM urges residents of the eastern regions of Kharkiv, Luhansk and Donetsk to evacuate as fears grow that Russia will intensify attacks there.

"It has to be done now because later the people will be under fire and face the threat of death," says Iryna Vereshchuk.

The US imposes sanctions on Vladimir Putin's adult daughters and targets Russian banks following allegations of Russian war crimes in Ukraine.

The UK freezes the assets of Russia's largest bank, Sbernak, and bans all British investment in Russia. The EU is also preparing further sanctions.

PM Boris Johnson says the killing of civilians in the Ukrainian town of Bucha, and other events in the country, do not "look far short of genocide"

Twenty-five women and girls have said they were raped by Russian forces in Bucha, a senior Ukrainian official tells the BBC

Nato foreign ministers are meeting for two days of talks on how best to support Ukraine as the war continues.

[Andreas86]

Originally Posted by mapuc

Will Russia see us-the west as a threat to their existence ??

Markus

Meanwhile, at the White House:



I am sure Putin is shaking in his pants at the thought of what the leader of the free world will do to him.

On the bright side there is absolutely no threat of an atomic exchange, as Biden would never even FIND the nuke button and Russia knows this.

[Jimbuna]

[Skybird]

NATO expects the war in Ukraine to continue for a long time. There are no signs that Russian President Vladimir Putin has given up his ambitions to control all of Ukraine, Secretary General Jens Stoltenberg said Wednesday on the sidelines of a meeting of the alliance's 30 foreign ministers in Brussels. He said there is a need to realize that the war could continue for "many months or even years."

Stoltenberg explained the withdrawal of Russian troops from northern Ukraine with a major offensive planned in the east, according to NATO intelligence. According to the statement, the forces are to be reinforced and rearmed in order to take the entire Donbass and create a land bridge to the already occupied Ukrainian peninsula of Crimea.

The consequence of the developments, according to Stoltenberg, is that NATO must prepare for a long road ahead. "We need to support Ukraine, maintain our sanctions, strengthen our defense and deterrence," he said. He said he sees an "urgent need" for more arms deliveries to Ukraine and expects more commitments from member countries to Kiev.

Die Welt

Translated with www.DeepL.com/Translator (free version)

[mapuc]

Originally Posted by Andreas86

Meanwhile, at the White House:



I am sure Putin is shaking in his pants at the thought of what the leader of the free world will do to him.

On the bright side there is absolutely no threat of an atomic exchange, as Biden would never even FIND the nuke button and Russia knows this.

If I remember correctly US President can't single handed give the order to launch nukes. Only thing he can do is saying "Make it so" It is a group who is monitoring the country with nukes(NORAD).

Markus