And Biden is still funding Putin's war by giving him Dollars for Oil. Applause!! Let's go Biden! -Putin Will Collect A $321 Billion Windfall Partially Thanks To Sanctions.

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Half-assed sanctions by the US and EU help drive up the cost of oil and natural gas. The oil producers, including Russia are the beneficiaries

Bloomberg reports Putin May Collect $321 Billion Windfall If Oil and Gas Keep Flowing

For all the hardships visited on consumers at home and the financial chokehold put on the government from abroad, Bloomberg Economics expects Russia will earn nearly $321 billion from energy exports this year, an increase of more than a third from 2021. It’s also on track for a record current-account surplus that the Institute of International Finance says may reach as high as $240 billion.

“The single biggest driver of Russia’s current account surplus continues to look solid,” IIF economists led by Robin Brooks said in a report. “With current sanctions in place, substantial inflows of hard currency into Russia look set to continue.”

The calculus may change completely, however, in case of an embargo on energy sales. And even without it, Russia’s oil exports and output are already falling, with the International Energy Agency predicting it may lose nearly a quarter of its crude production this month.

U.S, EU to Hit Russian Investments With New Round of Sanctions Despite the fact that sanctions don't work, the US and EU keep trying.

In a New Round of Sanctions U.S. will ban Russia investments and the EU proposes a ban on ships, trucks, and coal.

European Commission President Ursula von der Leyen said the EU is proposing to ban most Russian ships and trucks from entering the bloc, as well as Russian coal imports. The EU will also push ahead with a debate on targeting Russian oil, she said -- a sensitive issue in Europe, where many countries are dependent on Russian fuel imports.

All 27 nations in the EU would have to agree to cut the energy flow from Russia. And that's not going to happen for obvious reasons.

Note that there is no proposal to sanction Gazprom or Gazprombank, the Russian energy supplier and its bank.

Stop Imports Now - Yep go ahead. Drive the EU into an instant economic depression. Germany would not agree to halt energy imports.

Blowhard Politicians - Politicians like Guy Verhofstadt are nothing but hot air blowhards.

None of this condones what Putin did. He is a war criminal. There are plenty in the US as well if you look at illegal and unjustified actions by the US in Iraq, Libya, Vietnam, etc. https://www.zerohedge.com/geopolitical/putin-will-collect-321-billion-windfall-partially-thanks-sanctions

Half-assed sanctions by the US and EU help drive up the cost of oil and natural gas. The oil producers, including Russia are the beneficiaries Bloomberg reports Putin May Collect $321 Billion Windfall If Oil and Gas Keep Flowing For all the hardships visited on consumers at home and the financial chokehold put on the government from abroad, Bloomberg Economics expects Russia will earn nearly $321 billion from energy exports this year, an increase of more than a third from 2021. It’s also on track for a record current-account surplus that the Institute of International Finance says may reach as high as $240 billion. “The single biggest driver of Russia’s current account surplus continues to look solid,” IIF economists led by Robin Brooks said in a report. “With current sanctions in place, substantial inflows of hard currency into Russia look set to continue.” The calculus may change completely, however, in case of an embargo on energy sales. And even without it, Russia’s oil exports and output are already falling, with the International Energy Agency predicting it may lose nearly a quarter of its crude production this month. U.S, EU to Hit Russian Investments With New Round of Sanctions Despite the fact that sanctions don't work, the US and EU keep trying. In a New Round of Sanctions U.S. will ban Russia investments and the EU proposes a ban on ships, trucks, and coal. European Commission President Ursula von der Leyen said the EU is proposing to ban most Russian ships and trucks from entering the bloc, as well as Russian coal imports. The EU will also push ahead with a debate on targeting Russian oil, she said -- a sensitive issue in Europe, where many countries are dependent on Russian fuel imports. All 27 nations in the EU would have to agree to cut the energy flow from Russia. And that's not going to happen for obvious reasons. Note that there is no proposal to sanction Gazprom or Gazprombank, the Russian energy supplier and its bank. Stop Imports Now - Yep go ahead. Drive the EU into an instant economic depression. Germany would not agree to halt energy imports. Blowhard Politicians - Politicians like Guy Verhofstadt are nothing but hot air blowhards. None of this condones what Putin did. He is a war criminal. There are plenty in the US as well if you look at illegal and unjustified actions by the US in Iraq, Libya, Vietnam, etc. https://www.zerohedge.com/geopolitical/putin-will-collect-321-billion-windfall-partially-thanks-sanctions

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