More Sanctions Coming: But Russia and Euro -Businesses Say War!

posted by Ida B. Wells IV @ 11:07 AM
April 28, 2014

Stop-Russian-Aggression    Undoubtedly today or tomorrow the G-7 nations––consisting of the United Kingdom, Canada, France, Germany, Italy, Japan and the United States (i.e. seven of the wealthiest and most developed countries on earth)––will announce more economic sanctions against Russia for its failure to stop harassment in Ukraine.

Over the weekend, these leaders issued joint statements:  “Given the urgency of securing the opportunity for a successful and peaceful democratic vote next month in Ukraine’s presidential elections, we have committed to act urgently to intensify targeted sanctions and measures to increase the costs of Russia’s actions.

“We have now agreed that we will move swiftly to impose additional sanctions on Russia,” the statement said.  “Russia has taken no concrete actions in support of the Geneva Accords,” according to Sneba Shankar of IB Times.

“It has not publicly supported the accord, nor condemned the acts of pro-separatists seeking to destabilize Ukraine, nor called on armed militants to leave peacefully the government buildings they’ve occupied, and put down their arms. Instead, it has continued to escalate tensions by increasingly concerning rhetoric and ongoing threatening military maneuvers on Ukraine’s border.”

Juliet Eilperin of the Washington Posts adds that the G-7 statement also condemned Russia’s takeover of Crimea: Russia Invasion_0“We have now agreed that we will move swiftly to impose additional sanctions on Russia.  Given the urgency of securing the opportunity for a successful and peaceful democratic vote next month in Ukraine’s presidential elections, we have committed to act urgently to intensify targeted sanctions and measures to increase the costs of Russia’s actions.”

Eilperin adds that the G-7 will impose sanctions in a coordinated, but not identical fashion.  She cites Ben Rhodes, the U.S. Deputy National Security Advisor, who promised that if Russia does invade Ukraine, even deeper sanctions would follow “that will have an impact on international economies.”

Alison Smale and Danny Hakim reveal:  “Russia and its allies in the European private sector are [campaigning] to ensure that they can maintain . . . longstanding ties even if the Kremlin orders further military action. . . Trade between the European Union and Russia amounted to almost $370 billion in 2012.

Just as in World War II, multi-national companies are in the thick of these negotiations.  Rainer Seele, the chairman of Wintershall, a subsidiary of the German-based chemical company BASF, cries: “Neither in energy terms, nor politically, should we turn away from Russia . . . Sanctions will not help anybody, they would not just hurt Russia, but also Germany and Europe as a whole.”

Reuters quotes Russian President Putin self-righteous claims that sanctions “Overall they are harmful for everyone, they destroy the global economy (and) are ‘dishonourable’ on the part of those who use those types of tools.”

Note such thinking: business profits take precedent if Russia takes ‘military action,’ and Putin’s wails that sanctions harms everyone. But if he invades Ukraine, hundreds, even thousands, will die. Is that not harm? Yet business must go on?  Bible prophecies condemn this: “. . .unto them that are defiled and unbelieving is nothing pure; but even their mind and conscience is defiled (Titus 1: 15).”

Did you like this? Share it:

Leave a Reply


You must be logged in to post a comment.