Author Topic: Obama warns sanctions against Russia are 'teed up' as tension builds in Ukraine  (Read 311 times)

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Offline flowers

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http://www.foxnews.com/politics/2014/04/24/obama-says-new-sanctions-against-russia-are-teed-up/?intcmp=latestnews

Quote
President Obama said Thursday that new sanctions targeting Russia are "teed up" in the wake of a fresh warning by the Russian foreign minister that attacks on Russian citizens or interests in Ukraine would bring a firm response.

Obama said Russia has not abided by the spirit or the letter of an agreement reached in Geneva last week that aimed to ease tensions in eastern Ukraine. He said Russia has failed to halt aggression by pro-Russian militants in the region.

Still, he cautioned that the United States needs to secure the support of allies to ensure that additional economic pressure is even applied. He conceded that new sanctions may not change Russian President Vladimir Putin's intentions and that the crisis in Ukraine may not subside.

"How well they change his calculus depends on the cooperation of other countries," Obama said during a news conference with Prime Minister Shinzo Abe during his first stop of a four-country tour of Asia.


Offline EC

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Sanctions have consequences.

Russia and China are being pushed closer together. Russia has two things the Chinese need, desperately. Fuel and land (most of the land along the border is unoccupied). China has a massive industrial machine, that puts the rest of the world to shame. They have similar ideologies.

Thus far, the only thing that has really kept them apart is the profound xenophobia of both populations. Hit Russia hard with sanctions though, and the powers that be will have to look to creating closer ties.
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Offline EC

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Russia is not self-sufficient capitalwise and selling oil to China alone is unlikely to replace the revenue they need, particularly if they're paid in yuan instead of dollars.  If the US and Europe were really serious about opposing Russia's moves, they could do a lot of damage to Russia with nothing more than Obama's vaunted pen and telephone.

True - but neither country is averse to the idea of bartering. China is the sole world producer of several rare earth elements and half the electronics on the planet - including chips used in guidance systems, GPS systems and advanced communication systems. And lets face it - in China they are pretty much breathing other people right now - a little empty and useless territory would go a long way as a trade.
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Offline PzLdr

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Great! Golf as foreign policy! "Teed up". Really?
Hillary's Self-announced Qualifications: She Stood Up To Putin...She Sits to Pee

Offline mountaineer

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SPQR

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True - but neither country is averse to the idea of bartering. China is the sole world producer of several rare earth elements and half the electronics on the planet .
Japan has recently found large deposits of rare earth deposits on their shore

http://www.theverge.com/2014/3/26/5549318/china-restrictions-on-rare-earths-violate-trade-law
« Last Edit: April 29, 2014, 02:34:30 AM by SPQR »


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