SPR release is less of a concerned ... Iranian oil back to market is the only factor that could bring down the price at the moment..is expected by early next week.
Putin had prepared for over a year for this "Peacekeeping/Invasion"
Their internal produce/commodities, Currencies movements, Oil and Gas play, even the Oligarchs' Billions are in safe haven, including Putin's personal wealth.
Some of that trade is conducted in China's yuan currency, which could technically fall outside of sanctions aimed at cutting Russia off from transactions in U.S. dollars, euros, sterling and other major currencies.
But Chinese banks that do business with Russian banks and other entities hit with full blocking sanctions and put on the Treasury's "specially designated nationals" list could face sanctions themselves and loss of access to the U.S. financial system.
The official said that if China were to help Russia evade U.S. sanctions, "it really would be an unfortunate signal for China's vision of the world," and give "tacit or explicit accommodation to Russia's invasion of a sovereign country in the heart of Europe."
"It would do profound damage to its reputation in Europe, but really across the world," the official said of China.
Oooohhhh.......China is so afraid of Biden......Podah!
US alone imposed such heavy sanctions and Import Tariffs on China past 2 years and now they are afraid or buddies again??????
US 30-50% Import levies on China would hurt whom?????? Chinese exports or the Importers at USA?????
Now, on Feb 4, Putin made Chinese New Year greetings directly to President Xi and Xi pledged FULL co-operations and without any "Forbidden areas" to Russia.
US dare not sanction Russian's Oil and Gas, then it's up to Putin to pull the plug on supply........see who blink first.
Russia supply 12% of the world's total Oil.
Presently, even in Middle East some countries are "quietly" but sure pledging loyalty to Putin and Moscow for comradeship. They have been stung like a bee from USA.
Ukraine War is taking longer than expected Bursa will continue to be impacted
First 2 days 2,800 Russians killed, 20,000 Russians invaded by today Sunday, 3,500 Russians killed, approx 150,000 Russians invaded
Ukraine are killing entire convoys of Russians main strategy seems to be to let the Main Battle Tanks T-90s pass by then destroy the fuel tanker of the convoys. as can be seen from the Battle of Kherson
Those main battle tanks T-90s will be completely destroyed around Kyiv because its not suitable for urban warfare.
When using conventional armor during urban engagements, Russian forces suffered heavy losses in manpower and equipment, including the destruction of an entire mechanized brigade during the first battle of Grozny. https://en.wikipedia.org/wiki/T-90
Putin's "Peacekeeping/Invasion" is with surgical strikes from military convergence. Sure to sustain casualties on both sides.
USA bombed Iraq like no tomorrow until the country was flattened like an air strip. More civilians died and buildings destroyed.....did they care 2 hoots?
US's only excuse was Iraq's WMD sites which until today were never found and proved to be untruthful by their own military and Agents on ground. Their puppet Rulers was not accepted by Iraq's Political parties......slap, slap!
The only casualty inflicted during the invasion after they shot missiles from Destroyer parked in open seas, stealth aircrafts missions and B-bombers was a sergeant with paper cuts on his finger, loading A4 paper in a printer!
Crypo may get boosted as more businesses may consider crypto as one of their alternative in trading. Sanction on SWIFT will expedite the development of other alternatives.
at the current rate of war, it might take a whole week before the Ukraine army executes a pincer movement. After that the real slaughter of Russians will start. as of now Russians killed exceed 4,000
crude oil will remain volatile for a bit longer.....
The U.S. has made too many enemies, now not many will stand with them to face Russia. The World's two most populous countries, India and China are friends of Russia. Sanctions will not work as such. Iran will not supply oil to help the situation as they are the most angriest country on earth that really and badly hates the U.S. My suspicion is even the U.S. and Germany want to see oil and gas prices to rise higher and become a severe pain to consumers so that more and more people would want to switch to green energy. The sales of Electric Vehicles will shoot up. The pain from high gasoline prices will reverberate across the world. Next big shock for crude oil and gas ? Russia may shut the valves , so no oil and gas supply to Europe. Very simple, no money no supply. The swift move on the russian financial system will result in a swift move by russia to cut the energy supply. That would be putin's go F*** your selves.
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
derrtan
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Posted by derrtan > 2022-02-27 08:56 | Report Abuse
https://www.thestar.com.my/news/world/2022/02/27/germany-and-western-allies-agree-cutting-russia-out-of-swift