Ukraine / Russia

[SAJ-99]

Russian Oil Is Too Cheap To Resist For China And India | OilPrice.com

Western bans on Russian crude have forced Moscow to offer its oil at a steep discount, making it difficult for other countries to pass up

oilprice.com

And Americans should be thrilled. Otherwise China and India have to purchase oil from the same places we do. This oil will find a home and it will help on the inflation front.

but also by a desire to disrupt dollar hegemony

Not sure about that theory, but if he did it didn't work. Dollar dominance will continue for a long time. Even settling oil transactions in yuan doesn't change the situation because yuan is soft-pegged to the dollar anyway.

 

[BigHornRam]

And Americans should be thrilled. Otherwise China and India have to purchase oil from the same places we do. This oil will find a home and it will help on the inflation front.

Not sure about that theory, but if he did it didn't work. Dollar dominance will continue for a long time. Even settling oil transactions in yuan doesn't change the situation because yuan is soft-pegged to the dollar anyway.

I predicted (safe prediction) that China was going to get Russian oil at a discount. Why should I or any American be thrilled with this?

 

[SAJ-99]

I predicted (safe prediction) that China was going to get Russian oil at a discount. Why should I or any American be thrilled with this?

Because if they didn't, China would have to buy oil on the open market which has constrained supply due to Russian oil coming off market. That would cause price to increase...more than it already has. Americans hate gasoline at $4/ga. Try $6, $7, $8? Maybe "thrilled" was a little much, but most Americans care more about gasoline prices than Ukraine sovereignty. Energy sanctions were never going to solve anything because global energy demand is a constant necessary for the world to operate. I'm sure the administration knew this would happen. Hell, I pointed out it would happen like 80 pages ago.

 

[Deleted member 28227]

I predicted (safe prediction) that China was going to get Russian oil at a discount. Why should I or any American be thrilled with this?

Because hypothetically it gives China some leverage to tell Russia to pump the brakes, which the west can't really do because of 80 years of history?

 

[406dn]

I predicted (safe prediction) that China was going to get Russian oil at a discount. Why should I or any American be thrilled with this?

It also reduces or eliminates any profit from the crude for the Russians. None of this is going to be perfect, but there is always going to be a buyer somewhere, for some price for everything.

 

[BigHornRam]

Most people knew that sanctions would create a two tiered world oil price market. Is what it is, but don't have to like it.

 

[VikingsGuy]

I’m sure there are some really smart and heroic veterans working in politics and the military, but Joe and Don are the figureheads and I don’t want to fight to the death for either one of them.
It is my privilege that allows me to say this, but the thought of industrialized nations fighting a war in 2022 is just ridiculous.

And in the roaring 20s (1920s) the young and educated were sure the party would last for ever - and WW1 was the end of war. A global Great Depression and 100 million deaths later the story turned out different than expected.

I share your view that it would be insane, but reading the last 500 years of human choices show we aren’t smart enough to save ourselves.

 

[VikingsGuy]

Vladimir Putin’s 20-Year March to War in Ukraine—and How the West Mishandled It

Washington and the EU vacillated between engagement and deterrence. Meanwhile, the Russian leader became more isolated and more obsessed.

www.wsj.com

 

[TOGIE]

i guess sometimes a little news out of ukraine on a sunday morning can put a smile on your face.

 

[Sytes]

Ouch! The brutality of war though that is... war.

There was a quote: Only the dead know the end of war.

 

[Irrelevant]

Millions of Ukrainian children are still in school despite the war

Ukraine's focus on maintaining education during a war is in line with an emerging philosophy of disaster response.

www.npr.org

 

[EKYHunter]

Isn’t it the kids who always suffer?

 

[Irrelevant]

How Russia rescued the ruble

The Russian ruble lost nearly half its value when Russia invaded Ukraine. Since then, it has been the top-performing currency in the world.

www.npr.org

 

[Handlebar]

How Russia rescued the ruble

The Russian ruble lost nearly half its value when Russia invaded Ukraine. Since then, it has been the top-performing currency in the world.

www.npr.org

He who has the gas makes the rules

 

[BigHornRam]

He who has the gas makes the rules

I'm going to try that line on the wife.....

 

[Gerald Martin]

He who has the gas makes the rules

I'm going to try that line on the wife.....

He who has the gas sleeps on the couch…

 

[Irrelevant]

Russia-Ukraine war: In Chinese media, the US is the villain

In tightly-controlled media space, conflict is an opportunity for Beijing to advance its ‘information proxy war’.

www.aljazeera.com

 

[Deleted member 28227]

Russia-Ukraine war: In Chinese media, the US is the villain

In tightly-controlled media space, conflict is an opportunity for Beijing to advance its ‘information proxy war’.

www.aljazeera.com

"More recently, state outlets doubled down on the Russian conspiracy theory claiming the US is funding the development of biological weapons in Ukraine"

Well at least Tucker is staying on message

 

[Sytes]

War-Crimes Accusations: The U.S. Department of Justice is working with European authorities on a plan to gather evidence about atrocities in Ukraine, Attorney General Merrick Garland said Wednesday. Pope Francis decried “horrendous cruelties” in Ukraine, including in “the martyred city of Bucha,” where reports of atrocities have prompted allegations of Russian war crimes, which Moscow denies. China shifted its tone, calling images from Bucha extremely disturbing, while continuing to avoid casting blame on Moscow.

The Russia-Ukraine War: April 6, 2022

Full coverage of Russia’s invasion of Ukraine

www.wsj.com

If true... ugly.

Heavy weight leaning on China... That's an interesting dynamic.

 

[Bambistew]

What does it change if there are war crimes?

IMO Russia is provoking a response.