The Sanctions Bite the West, Not Russia
• https://www.paulcraigroberts.orgPaul Craig RobertsWe can see how much worse the sanctions are punishing US and Europe than they are punishing Russia by examining this article:
Contents Pages by Subject
Sanctions
EU To Reveal Plan For "Potentially Massive" Joint Bond Sales To Fund Energy And Defense
• https://www.zerohedge.com, by Tyler DurdenIn an arrangement similar to the bloc's $2 trillion COVID rescue fund, the European Union has decided to jointly issue what Bloomberg dubbed "potentially massive" bond sales to finance an energy and defense fund to help the bloc maintain its resolve
Coinbase says it's blocking 25,000 Russia-linked crypto addresses
• https://www.theverge.com, By Adi RobertsonIt says crypto is bad for sanctions evasion
Biden Dispatches Team To Maduro's Venezuela, Mulls Easing Trump-Era Sanctions
• https://www.zerohedge.com by Tyler DurdenIn what appears a complete U-turn of Washington policy regarding Venezuela, senior Biden admin officials were dispatched to Caracas this weekend to meeting with the government of Nicolás Maduro.
Italy Seizes Villas And Yachts Worth $150 Million From Russian Oligarchs
• https://www.zerohedge.com, by Tyler DurdenAfter initially seizing a $70 million yacht belonging to one of Russia's richest men (billionaire Alexey Alexandrovits Mordaschov), the Italian authorities have struck again, seizing even more assets belonging to Russian businessmen and others affect
Visa, MasterCard suspend Russian operations
• https://www.infowars.com by RTThe financial services corporations move to cut all Russia-issued bank cards from international transactions
State Department Official Warns President Xi Will Face "Serious Consequences" --
• https://www.zerohedge.com by Tyler Durden--If China Helps Moscow Avoid Sanctions
So Many Holes In SWIFT Sanctions On Russia, They Are Useless
• https://www.zerohedge.com by Mike Shedlock...many did not think the EU would play the SWIFT card on Russia. It turns out they were correct...
Russia Halts Rocket Engine Supply To US As ISS Partnership Threatened
• https://www.zerohedge.com, by Tyler DurdenRussia's State Space Corporation Roscosmos halted deliveries of rocket engines to the US following a series of devastating financial sanctions by the US, according to Russian state-owned news agency TASS.
Are Sanctions Acts of War?
• Ron Paul Liberty ReportEconomic sanctions seek to impoverish and sicken the civilians of the sanctioned nation. They also place heavy economic costs on the civilians of nations imposing the sanctions. To add insult to injury, the track record of sanctions forcing political
US Senator Urges Regulators to Increase Scrutiny on Crypto as It Risks Undermining Sanctions ...
• https://news.bitcoin.com by Kevin HelmsU.S. Senator Elizabeth Warren is worried that "cryptocurrencies risk undermining sanctions against Russia." She urges financial regulators "to take this threat seriously and increase their scrutiny of digital assets."
Operator Of Nord Stream 2 Fires All Employees After US Sanctions
• https://www.zerohedge.com by Tyler DurdenUpdate (0940ET): In a brief statement released this morning, Nord Stream 2 said that "We cannot confirm the media reports that Nord Stream 2 has filed for bankruptcy."
Bitcoin sanctions could be next, but most Russians won't care
• https://www.cnbc.com by MacKenzie SigalosWashington takes aim at Russia's access to digital cash as the U.S. and its allies levy heavy punitive measures against Moscow.
China Won't Join Russia Sanctions, Banking Regulator Warns
• https://www.zerohedge.com, by Tyler DurdenAfter urging ceasefire talks between Ukraine and Russia, China on Wednesday announced that it would not join the West in imposing sanctions on Russia.
70% Of Russian Crude Trade Is Frozen As Surgut Again Fails To Sell Any Urals In Big Tenders
• https://www.zerohedge.com, by Tyler DurdenAs discussed yesterday in "Buyers Balk At Russian Oil Purchases Despite Record Discounts, Sanction Carve Outs" the bevy of Russian sanctions...
Escobar: Follow The Money - How Russia Will Bypass Western Economic Warfare
• https://www.zerohedge.com, by Tyler DurdenThe US and EU are over-reaching on Russian sanctions. The end result could be the de-dollarization of the global economy and massive commodity shortages worldwide...
China Buys 700K Barrels of Iranian Oil Every Day, Violating US Sanctions
• https://www.zerohedge.com, by Tyler DurdenIran has been subjected to crippling oil-export sanctions for the last several years, but that hasn't stopped China, whose imports of Iranian oil have increased by the month (read: here), traders and ship-tracking firms told Reuters.
Ukraine Update #3
• https://www.paulcraigroberts.orgPaul Craig RobertsBegin by reading Michael Hudson's explanation that the sanctions actually fall on Germany and serve the interests of the three interest groups who rule in Washington.
US Bans Transactions With Russian Central Bank, Freezing Nearly Half Of Russia's $630BN In Reser
• https://www.zerohedge.com by Tyler DurdenFollowing in the footsteps of Europe, on Monday the Biden administration banned U.S. people and companies from doing business with the Bank of Russia, the Russian National Wealth Fund and the Ministry of Finance.
Jamie Dimon Warns SWIFT Sanctions May Bring Unintended Consequences, Can Be Circumvented
• https://www.zerohedge.com by Tyler DurdenJust hours after western leaders slapped Russia with unprecedented sanctions the likes of which the world has never seen, including a targeted SWIFT expulsion of key Russia banks as well as an asset and transaction freeze of the Russia central bank,
Russia: Sanctions and Exclusion from SWIFT May Trigger Central Bank Liquidity Flood
• https://needtoknow.news, ZeroHedgeIn a remarkable show of force and unity, western powers cast aside all their previous concerns about Russian energy export dominance, and uniliaterally announced the nuclear option of imposing sanctions on the Russian central bank coupled with target
Pozsar Warns Of Another "Lehman Weekend" As Russia Sanctions May Trigger Central Bank ...
• https://www.zerohedge.com by Tyler DurdenIn a remarkable show of force and unity, western powers cast aside all their previous concerns about Russian energy export dominance, and uniliaterally announced the nuclear option of imposing sanctions on the Russian central bank coupled with target
Putin's "Billions" In Hidden Wealth De-Fang US, EU Financial Sanctions
• Zero HedgeOne expert acknowledged that, given the Russian president's vast hidden resources, the US effort was tantamount to a "glorified press release."
In Historic Breach With Neutrality, Switzerland Joins EU In Sanctions On Russia
• Zero HedgeSwitzerland's historic neutrality is no longer: moments ago Reuters reported that the Swiss government had joined the EU in adopting sanctions on Russia, freezing assets of targeted companies and people effective immediately.
EU, US Agree To Expel "Selected Russian Banks" From SWIFT, Sanction Russian Central Bank
• https://www.zerohedge.com, by Tyler Durden(Update 5:10pm ET): In the latest major escalation, late on Saturday European nations together with the US have issued a joint statement in which they announce the following restrictive economic measuresthings:
Ukraine Wants to Ban Russia From SWIFT. WTF Is SWIFT?
• https://www.vice.com By Edward Ongweso JrDiplomats and world leaders are calling for Russia to be banned from a global messaging system that handles trillions of dollars worth of financial transactions.
Belarus dictator Lukashenko warns the West's sanctions are...
• By JAMES ROBINSON and RORY TINGLE and TOM PYMAN anBelarus dictator Lukashenko warns the West's sanctions are 'pushing Russia into a Third World War' after Putin puts his nuclear deterrent forces on 'alert', while Ukrainian president Zelensky says he doesn't hold much hope for Monday's peace talks
ECB's Lagarde Urges Immediate Crypto Regulation To Stop Putin Evading Sanctions
• https://www.zerohedge.com, by Tyler DurdenUpdate: Christine Lagarde, president of the European Central Bank (ECB), has called on lawmakers to approve a regulatory framework on crypto, hinting at potentially preventing Russia from getting around economic sanctions.
Luongo: EU Sanctions On Russia Equal "Suicide By Cop"
• https://www.zerohedge.com, by Tom LuongoThe EU has unveiled its first tranche of economic sanctions on Russia for its invasion of Ukraine. EU leadership looks even more angry about this outcome than US leadership does. Here's the article covering this tangled mess by Sputnik News.
US Treasury Imposes Sanctions On President Putin As Ground Firefights Break Out In Kiev
• https://www.zerohedge.com, by Tyler Durden(Update 18:17 ET): It's official, the US Treasury has pulled the trigger on personal sanctions against Russian President Vladimir Putin and his top ministers:
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