Recent Posts and Categories

EU Sanctions | to target Russian Finance, Energy and Defense

OWoN: It gives us no pleasure to report, yet  again, on the gross incompetence of these Clowns wrecking Global harmony. Bigfoot stomps his way across the national boundaries.

Was the reality of failure in self interest and duplicitous sanctions ever considered? When the European economy suffers permanent damage following US Hegemony games, who will the winner be? Russia has already given up on the American Ship of Fools and their passengers. Russia has turned elsewhere. This is the first time this has occurred since the 13th century. We can only wonder what the real impact will be to the West. Historians will show they did to themselves. Any lost Exports to Russia will not be returning and the West is in denial about this, as they fail to understand both the culture and history. The EU needs to boot NATO, America and the Bribe riddled UN out of policy moves and stop following like blind sheep. 

America can and should expect no graceful exit from the next folly over Syria, like was given last year. Nor world acquiescence much longer to its Global culpable Homicides and the RottenChilds / Israeli subliminal War Games. Time for these Mad Dogs to take a pill.




New EU Economic Sanctions against Russia Target Finance, Energy and Defense


Global Research
By Stephen Lendman
14 September 2014

New EU sanctions target Russian finance, energy and defense sectors. They restrict state-owned energy giants Rosneft, Transneft and Gazprom Neft (its oil subsidiary) from raising capital in European markets. They prohibit buying their 30-day yield bonds and equities of any kind.

Five state-owned banks were targeted. They include Sberbank, VTB, Gazprombank, Vnesheconombank (VEB) and Rosselkhozbank. They’re prohibited from raising capital in EU markets. Purchasing newly issued bonds and other securities with maturities over 30 days are banned.

Sanctions affect three major Russian defense companies. They include UralVagonZavod (UVZ), Oboronprom and United Aircraft Corporation (UAC). Purchasing and selling their bonds with maturities over 30 days is prohibited.

Nine other defense companies were targeted. They include the Sirius Concern, OJSC Stankoinstrument, Khimkompozit, the Kalashnikov Concern, the Tula Arms Plant, Technologii Mashinostroyeniya, Vysokotochnye Kompleksy, the Almaz-Antei Concern, and Bazalt.

- Purchasing their dual-purpose technologies is prohibited.

- Twenty-four more Russian officials were blacklisted. In total, 119 are sanctioned. New names added include:

- Liberal Democratic Party of Russia (LDPR) leader Vladimir Zhironovsky.

- Federation Council Deputy Chairman Yury Vorobyov.

- Rosoboronexport Board Chairman Sergey Chemezov.

- Duma Deputy Speakers Vladimir Vasilyev, Ivan Melnikov, Igor Lebedev, and Nikolai Levichev.

- Deputy Duma Committee on International Affairs heads Leonid Kalashnikov and Svetlana Zhurova.

- Deputy Duma Committee on the Affairs of the CIS and the European Integration heads Vladimir Nikitin and Oleg Lebedev.

- Duma deputy Alexander Babakov.

- MP and Cossack Troops commander Viktor Vodolatsky.

- Airborne troops 76th division commander Alexei Naumets.

- Crimea’s official Moscow representative Georgy Muradov.

- First Deputy Crimean Prime Minister Mikhail Sheremet.

- Blacklisted names include eight Novorossiya leaders. They include:

- Donetsk People’s Republic (DPR) Prime Minister Alexander Zakharchenko.

- DPR’s Defense Minister Vladimir Kononov.

- Donbass self-defense forces leader Miroslav Rudenko.

- Lugansk People’s Republic (LPR) Prime Minister Gennady Tsypkalov.

- DPR’s Security Minister Andrey Pinchuk.

- Its Interior Minister Oleg Bereza.

- Its official Moscow representative Andrei Rodkin.

- Its social affairs Vice-Premier Alexander Karaman.

Sanctioned individuals are prohibited from entering EU territory. Assets held in European banks, if any, are frozen. Sanctions targeted services Russia needs for Arctic oil and gas extraction, as well as deep sea and shale exploration projects. On Thursday, Russia’s Foreign Ministry said EU sanctions won’t go unanswered. It called imposing them devoid of logic and common sense.

They compromise already deteriorating relations. They’re polar opposite what’s badly needed. Russia’s Foreign Ministry said the following:

“Making this step, the EU actually made its choice against the process of peace settlement of the intra-Ukrainian crisis, support for which is expected from all responsible forces in Europe. Today, Brussels and heads of EU member states should give a clear answer to EU citizens why they are subjected to the risks of confrontation, economic stagnation and loss of jobs. Give people a chance for peace at last,” it stressed.

Sergey Lavrov called imposing more sanctions an attempt to throw Russia off balance. Its EU Ambassador Vladimir Chizhov said they’re devoid of elementary logic at a time Russia went all-out to resolve Ukrainian crisis conditions responsibly. Punishing good policy is madness. Doing so shows other motives are pursued. Europe leaves Russia no other choice than to adopt comparable countermeasures.

Deputy Prime Minister Dmitry Rogozin called EU sanctions a strategic error and gross miscalculation.

“It’s not so much the (targeted sectors they’re) punishing,” he said. “They’re trying to punish the whole nation because the sanctions against the financial sector, the manufacturing sector, the oil and gas sector are the sanctions aimed at damaging the life of ordinary Russians. They think they can sting us somehow this way because the sanctions against the defense manufacturing industries signal an attempt to enfeeble us physically, and I think that’s a strategic error on the part of the West.”

On September 12, the US Treasury Department’s Office of Foreign Assets Control (OFAC) imposed more sanctions. Secretary Jack Lew lied, saying:

“Given Russia’s direct military intervention and blatant efforts to destabilize Ukraine, we have deepened our sanctions against Russia today, in concert with our European allies. These steps underscore the continued resolve of the international community against Russia’s aggression. Russia’s economic and diplomatic isolation will continue to grow as long as its actions do not live up to its words. It is essential that Russia work with Ukraine and other international partners to find a lasting settlement to the conflict. If Russia does so, these new sanctions could be suspended. If instead Russia chooses to continue its violations of international law, the costs will continue to rise. As in all of the sanctions steps we have taken, we have designed the actions announced today to deliver significant pressure on the targets of our sanctions while safeguarding, to the extent possible, global financial markets and the global economy.”


Fact check:

Washington bears full responsibility for Ukrainian crisis conditions. It ousted its democratically elected government. It installed neo-Nazi-infested putschists. They have no legitimacy whatever.

Throughout months of conflict, Russia has gone all-out for diplomatic conflict resolution. Western sanctions aim to marginalize, contain, weaken and isolate Russia. Perhaps in the end they’ll backfire. Pursuant to Executive Order 13662 dated March 24, 2014: Blocking Property of Additional Persons Contributing to the Situation in Ukraine (to include Russian commerce, industry and finance), OFAC targeted five Russian defense companies. They classified them as Specialty Designated Nationals (SDNs).

At the same time, the US Commerce Department’s Bureau of Industry and Security (BIS) added five Russian energy and defense companies to its Entity List. It subjects targeted businesses and other organizations to specific license requirements for export, re-export, and/or transfer (in country) of specified items. In targeting Russia, it imposed special conditions intended to impede commerce.

New US measures overall restrict:

  • targeted industries’ dual-use products and technologies;
  • services related to deep water oil exploration and production, Arctic oil exploration and production, as well as Russian shale projects;
  • services related to Common Military List products and technologies; and
  • access to capital markets

Previous dual use restrictions applied only on products and technologies sold, supplied, transferred, or exported to Russia for military use or to a military end-user. New sanctions outright ban these products and services listed in the EU Dual-Use Regulation. It does so if sale, supply, transfer or export is to one of the targeted Russian companies. They include:

JSC Sirius, OJSC Stankoinstrument, OAO JSC Chemcomposite, JSC Kalashnikov, JSC Tula Arms Plant, NPK Technologii Maschinostrojenija, OAO Wysokototschnye Kompleksi, OAO Almaz Antey and OAO NPO Bazalt.

New Regulation restrictions prohibit related technical help, brokering services, and financial assistance. They’re much broader than previously in banning services relating to Arctic and other deep water exploration and production, as well as Russian shale oil projects.

Insurance and reinsurance prohibitions are imposed on the sale, supply, transfer or export of Common Military List products and technologies. Capital market restrictions affect bonds, equities and money market instruments with maturities exceeding 30 days. Sberbank, VTB bank, Gazprombank, Vnesheconombank (VEB), Rosselkhozbank are targeted.

Twenty-four new individuals were blacklisted. In total, 119 are sanctioned. Designated entities number 23.

US and EU sanctions prohibit making funds and/or economic resources available directly or indirectly to targeted companies or individuals. They include dealings with suppliers, banks, agents, distributors, other intermediaries, or entities owned or controlled by targeted entities or persons.

It bears repeating. Russia strongly condemned new sanctions. According to Russian Foreign Ministry spokesman Alexander Lukashevich: “On many levels, the Russian leadership has made it clear that we’ll take adequate measures, and our response will be absolutely comparable with the actions by the EU” and America.

Sanctions wars continue. They cut both ways. They come when weakening EU economies can least afford them. It remains to be seen how badly they’ll be hurt. In the long run, Russia’s economy may be helped. It’s diversifying effectively. Its energy deal with China is hugely beneficial. It’s trading more with Eastern and BRICS countries. It’s reducing its dependency on Europe. It’s transforming its economic relationships effectively. It’s polar opposite counterproductive US/EU policy. It stands to gain overall longterm. Expect sanctioning Russia to fail.

Stephen Lendman lives in Chicago. He can be reached atlendmanstephen@sbcglobal.net.

His new book as editor and contributor is titled “Flashpoint in Ukraine: US Drive for Hegemony Risks WW III.”

http://www.claritypress.com/LendmanIII.html Visit his blog site at sjlendman.blogspot.com.

link

4 comments :

  1. Europe is being pushed to the BRICS...jumping ship before it sinks...I bet this is a consideration since their economy is being hit very hard by the sanctions imposed on Russia. Thus, UsA is biting themselves in the arse...fascism is out, nazionist out...it's a new world of cooperation, and UsA public opinion should truly chime in to give opinion as to the direction of the UsA ship...most real people will tell you, game over...no support...

    ReplyDelete
  2. This one I will post today to every new article of today.....

    To all OWON readers and contributors

    1 Many people believe in you, John, canauzzie, different known and unknown parties .... much is invested in each of you and many sacrifices were made for you sake

    2 Many people believe in you that you will have commitment to carry on even in case we become lucky and get some mercy kick

    3 Many people believe in you that you will not disappear once you will be served with some financial kick

    4 In case you disappear it is OK, nobody will judge you, it is your life.....those who serve us are real knights of humanity and they serve without anticipations....in case you go you go no harsh feelings, they know that God will provide new really committed people

    5 In case you go to idle life it is OK, nobody will judge you, it is better to have 5 committed people then 50 whose commitment depends on full stomach only ....

    6 In case you go to idle life, it is OK nobody will judge you, we will carry on because we are committed to serve others according to our possibilities here or there, more or less. We endure hardship and what the heck, what kind of hardship it was when you look back from a vantage point of new gains that will matter to eternity....It was no hardship, it was piece of cake....once you will say looking back telling your grandchildren about John and canauzzie about WH and many good other heroes.....

    Are you with us????? We do not need to be united in a group yet we may however we might be just united in spirit going about doing good individually here and there....

    ReplyDelete
  3. The way how US plotted to carve and break Russia Federation into pieces .... as it was reported in article by global research.ca ......

    ;;;;;;;; NOW
    Evil was plotted many years ago......and think abou what happened in our days totally out of the blue sky.......Just Life Force of god gave to Russia Crimea in a way that Russia was sitting still and looking with an open mouth and said, thank you we accept it, what else should we do .....

    This is marvellous - evil was plotted against innocent and kind of miracle happened ..... we are in changing times folks....everything is kind of turning against evil doers ....

    ;;;;;;;;
    No wonder when some souls that serve has special high connection at the right places as John mentioned once.....it is breath taking and it demonstrates itself in mysterious ways...... and Novorussia's independence might follow the course and probably Syria as well ......

    These are geo-political moves of invisible force of justice....and it should make us humbled on knees with awe ....This is really scary in good sense ... this is really awe of god onto us....

    ;;;;;;
    I see it this way and I might be right I guess ...... in case US breaks in pieces it is reverse plot of evil planned onto others....

    ;;;;;;;
    Not good for America ---- maybe repentance of WH and Bushes and bankers might stop the course....but I sense that I might be just right in how I see it being played.....

    ReplyDelete
  4. If this one will not make your knees to shiver and call..... God, oh my god ....... then I do not know what.....

    It has been reported number of years back at BFC (it could be3, 4 or 5 not sure...) but this was reported by Fulford....Cabal approached Putin and offered him absolute totalitarian leadership position of the world in case he submits Russia to NWO and becomes part of their scheme....doing that Putin will be given a position as a supreme head of the world of NWO ..... of course in background would be Rottenchild bankers and NAZI filth .....
    As we know Putin refused that and instead he serves Russian people and eventually us all......

    ;;;;;;,
    But here the story does not end. Follow me little bit more...

    http://journal-neo.org/2014/09/12/putin-is-becoming-the-face-of-the-global-resistance-movement/

    Putin is Becoming the Face of the Global Resistance Movement

    ;;;;;;;;;
    You see what happened (it is not about artificial hype....) Life Force of Spirit of God made Putin a HEAD of World of resistance ... Putin became a image for all, not the image and the way that Cabal plotted .....and Putin did not plan it....it is natural development .....

    .....as it was with CRIMEA ...... (I mean an image on the stage ..... I am not talking about forces behind the stage that John represents....)

    This is breath taking awe ......, people we witness something that children just dream off ..... and we are able to recognise it and give thanks to awe of god in work....

    I see it this way..... Cabal NAZI of whatever faction are finished dying by the plot they planed for others......if this does not make your knees to shiver then I do not know what would ......

    Do you feel that awe in your stomach ?????? Then pray!!!!!

    ReplyDelete

If your comment violates OWON's Terms of Service or has in the past, then it will NOT be published.

Powered by Blogger.