I don’t understand. They held talks. There were announcements. They made agreements.
Western sanctions on Russian oil — agreed upon a year ago this week — were designed to reduce funding for the Kremlin’s military assault on Ukraine. Instead, it has fostered a lucrative business for scores of difficult-to-trace traders and shipping companies, known as the shadow fleet, which moved about 45% of Russia’s oil this year. As much as $11 billion a year of petrodollars are evaporating between when the oil leaves Russia and when it reaches buyers, according to trade data compiled by Bloomberg.
It’s almost as though there’s a market for oil that doesn’t care about meetings.
Russia is rolling the dough as they say. The EU has to keep warm.
They’re better at stopping the flow of Canadian oil than they are Russia’s.
True that Kate.
Well, I’m thinking this BS war started by The US/Nato is about to wind up…theres only so many Ukrainians and those that are left..?? None are under 40.
I envision Zelenskiy deep in a bunker plotting the movements of imaginary forces…reminiscent of Adolph in early 45 while pondering who he can scam another few Billion from.
This is One NAZI that deserves a Nuremburg ending…right beside Justin, Guibault, Freeland, O,Regan, Tham etc.
When did the US and NATO invade Ukraine?
During the color revolution funded by the Open Society Foundation and helped along my Nuland etc, in what has become known as “the Maidan Revolution” of Feb. 2014.
alla unDORK
Stoltenberg said 2014, twice!
– I envision Zelenskiy deep in a bunker…
You might be disappointed to learn that he was walking down the street just this morning:
https://twitter.com/ZelenskyyUa/status/1732342212862636038
+ 8 Billion CAD to Ukraine so far and neither Canadian nor Ukrainian citizens appear to be better off.
Of course plenty of mega mansions, luxury yachts, and sports cars accidentally falling into Ukrainian officials laps.
As evidence:
SOKOL is trading at $71.76 and ESPO at $73.73 per barrel
Western Canada Select on the other hand is $47.32 per barrel.
And of the remaining Canadian Blends, only Albian Heavy Synthetic ($71.37) and Access Western Blend ($70.32) comes close to what the market pays for Russian oil
Zelensky has very little time left. Months ago, Steve Bannon suggested he read about the government of South Viet Nam, to find out his fate…I think he was prescient, again.
This is absolutely outrageous. Do people not read memos anymore?
Here is a link to Bloomberg’s “The Big Take”.
https://www.bloomberg.com/news/features/2023-12-06/oil-prices-how-russia-punched-an-11-billion-hole-in-west-s-sanctions-regime?srnd=bigtake
Top buyers are China and India.
Steve
And India moves much of their purchase on to Europe .
Your Tax Dollars at Work:
Unsurprisingly, President Puddin’ Head (long-noted as a congressional expert in foreign policy) is funding both sides of two wars.
It cannot pass without comment, though, that he and Hunter have been remarkably successful in extracting tens of millions of dollars from corrupt foreign actors, to fill the family coffers. That is the foreign policy that really counts for something.
– As much as $11 billion a year of petrodollars are evaporating between when the oil leaves Russia and when it reaches buyers . . .
That’s $11 billion going to multiple middle-men rather than to Russia. Note that sanctions were not designed to prevent Russian oil sales but to reduce Russia’s ability to profit from them. You are describing a sanctions success story (albeit a feeble one in my opinion, as I think sanctions should be a lot tougher).
Always look behind the headlines. When you read “Russian Oil and Gas Revenues more than doubled in October” it seems a jolly exciting “primrose path” moment. But read the actual story and the facts are rather less rosy for the Russian budget.
https://www.reuters.com/business/energy/russian-oil-gas-budget-revenues-more-than-doubled-october-2023-11-03/
PJF I hope you understand that reason cannot be used to convince this bunch. They have deeply emotionally invested themselves in the vision of Pootin fighting the good fight against globalism and heave been stuck on maddeningly stupid ever since. It does not matter to them that Pootin’s idiotic adventure has ruined russian economy and put them on a fast lane to inevitable collapse. It does not matter that orcs are committing genocide. It does not matter that every negative stereotype of the orc bestial nature has been proven true…, because “globohomo” and Soros and Davos.
Also if Biden supported Pootin they would all be siding with Ukraine. Well not all, resident russian fifth column would be their enemy… just think of contempt resident orcs have for the useful idiots.
So now you are reduced to holding a conservation with your sock puppet?
Talk amongst yourself?
Orc orc orc?
As for this gem;
“They have deeply emotionally invested themselves in the vision of Pootin fighting the good fight against globalism and heave been stuck on maddeningly stupid ever since.”
Wonderful piece of projection, on your part.
Your constant murderous slavering insanity and completely emotional attachment to your delusional view..pretty hard to imitate,if anyone cared to.
Seems you do ,dimly,recognize your own idiocy.
When are you going to stop abusing our hostesses hospitality?
With your sickening fantasies,of intellectual superiority and racial madness..
– I hope you understand that reason cannot be used to convince this bunch.
Perhaps, Colonialista, but one thing’s for sure: relentlessly insulting fellow commenters and painting whole peoples with a wide brush of condemnation is unlikely to convince many.
Not that I’ve been perfect; I’m human and get frustrated too. But it’s more fun to get your commenting priveleges suspended over a pertinent point well made than for just being rude.
You do it your way. Good luck with that.
PjFO
Try growing a brain woodja!
In other news, western support for funding the Ukraine war has dropped precipitously, more Ukrainian politicians and generals are publicly turning against Zelensky, Ukrainian government assassins have murdered another former Ukrainian politician in Russia (and bragged about it) and what is left of Avdiivka is about to fall to the Russians. Other than that, everything is just fine…