The cost to Europe of complying with Washington’s sanctions against Russia has reached the breaking point
Published on Paul Craig Roberts’ Website, by website owner, Jan 14, 2015.
… (a comment about the report: Russia Cuts Off Ukraine Gas Supply To 6 European Countries, on zerohedge, Jan 14, 2015) … if this report is correct it sounds like the Russians have had enough of the dumbshits in Washington and Washington’s dumbshit vassals in Europe … //
… (full text).
Russia-Europe related Links:
- Money Dries Up for Oil & Gas, Layoffs Spread, Write-Offs Start, on Wolf Street, by Wolf Richter, Jan 16, 2015;
- Why a Grexit is more costly for Germany than a default inside the euro area, on bruegel.org, by Zsolt Darvas and Pia Hüttl, January 16, 2015: Contrary to the IFO institute, we conclude that German losses on both official and private claims would be much higher if Greece exits the euro;
- Website: bruegel,org, improving economic policy;
- Seven EU countries support lifting sanctions on Russia — source, on TASS, Jan 15, 2015;
- Sanctions on Russia, the all-round impact, on FT, by Henry Foy, Jan 14, 2015;
- Talkrunde über Russland im österreichischen TV, 51.22 min, von Deutschland+Russland am 28. November 2014;
Other Links:
No oil, no protection? Boko Haram massacre in Nigeria sees little reaction from US, on Russia Today RT, Jan 17, 2015;
US troops training Syrian ‘moderates’ could top 1,000 – Pentagon, on Russia Today RT, Jan 17, 2015;
Mass extinction for Earth’s oceans probable - study, on Russia Today RT, Jan 17, 2015; see also Ocean’s Mass Extinction on Google News-search; on Google Images-search; on YouTube-search;
Do No Harm: An Interview With Thomas Sowell, on The Federalist, by David Harsanyi, Jan 13, 2015;
Homeless in Vancouver: The thing about Senator Eggleton’s “three things to end poverty”, on straight/blogs, by STANLEY Q. WOODVINE, Jan 13, 2015;
Four financial planning themes for 2015, on Hargreavec Lansdown.co.uk, Jan 12, 2015;
Do You Have To File A Tax Return In 2015? on Forbes, by Kelly Phillips Erb, Jan 12, 2015;
ONLINE: Efforts to get Basic Income in front of lawmakers, Dec 28, 2014;
what actually about Swiss Francs / Euros:
- The Swiss Euro Peg Abolishment and its Consequences, on Forbes, by Charles Purdy, Jan 16, 2015;
- Alpari UK currency broker folds over Swiss franc turmoil, on BBCnews, Jan 16, 2015: West Ham football club sponsor and currency broker Alpari has shut its UK arm following the Swiss National Bank’s decision to end its capping of the Swiss franc against the euro;
- Dollar at 11-Year High Versus Euro on Franc Fallout, on Bloomberg, By Andrea Wong, Jan 16, 2015;
- Euro hits eleven year low against dollar after Swiss franc peg ended, on RTE.ie, Jan 16, 2015: The euro has fallen under $1.15 for the first time in over eleven years as traders reacted to increasing signs that the European Central Bank will launch a bond buying programme;
- Swiss bank’s currency U-turn hurts watchmakers, skiers and traders, on The Guardian, by Phillip Inman, Jan 15, 2015: Central bank’s abandonment of Swiss franc-euro cap described as a ‘tsunami of pain’ for exporters and tourism industry;
- Here’s What the Swiss Central Bank Just Did and Why It’s Such a Shocker, on Businessweek, by Joe Weisenthal, Jan 15, 2015;
- Swiss franc jumps nearly 30% after euro cap is scrapped, on The Irish Times, Jan 15, 2015: Decision seen as risky move as franc crashes through euro limit;
- Why the Swiss franc can’t escape being a safe haven, on BBCnews, by Linda Yueh, Jan 15, 2015;
- Central Europe and the Swiss franc: Currency risk, on The Economist, Jan 15, 2015;
- see also exchange rates on the CoinMill.com-Currency Converter: Renminbi CNY (on the base of 100 CHF) for all currencies worldwide, on Jan 17, 2015;
… and this:
Video – What’s Up Africa: Satirist looks at Morocco’s identity crisis, 3.00 min, on BBCnews, Jan 16, 2015: … What’s Up Africa is a BBC and RNW co-production and is on Focus on Africa, BBC World TV, every Friday at 1730GMT.