FERNANDEZISBACK:

Can they survive on supplying gas within Europe only?can their economy grow big that way?
Or don't you understand how sanction works?

Russia as an alliance with Eurasia and has partnership with china ,Iran, and the rest that will easily cushion effects ,the most powerful economies are in Asia not Europe.

IhateYouMan:


The US and EU will cripple the Russian economy in no time. Watch this space.

You lots don't even understand the dynamics of the EU market where Russia supplies the whole of Europe over 40% of basic energy needs that they can't possibly get elsewhere. Tell me how the US wants to supply gas to the whole of Europe and at what cost? Are they going to construct new delivery channels? You guys just sit on Nairaland and type away without even knowing the dynamics of the things you say.

Putin should take a cue from Hitler and Stalin. Even Putin recognizes he can’t win. He said it in his previous press address. He’s just a war monger.

This is what Zelensky has been asking for all these days.

Why should the world wait for Russia to invade before imposing sanctions on Putin and Russia? Just does not make sense.

GTkester:



Loolol, don't flatter yourself! US and UK have all tapped out of sanctions. They have wasted all their sanctions on Russia since 2014, and now they do not have any leverage on Russia.

So, welcome to the berth of a new world order!!

You know nothing, apparently. The sanctions will likely not just hit Russia but Russian oligarchs and friends of Putin in Europe and the United States.

Russia won't survive a sanction from the US, the UK and the EU. Putin himself said this already because he knows the world will be the casualty but the greater one will impact Russia. Economic sanctions will cripple Russia within 3 days.

You are very incorrect. This is about security. Russia wants to secure its backyard while US and EU want to plant things there, and Ukraine is almost welcoming them. Same story with other countries around Russia. You guys should go and study the history of Eastern Europe and the West to fully understand what they are all doing.

kponkedenge:
In a layman's terms, lemme explain what Russia is trying to do by granting independence to two Ukraine territories.

It's just like Buhari granting two local governments in Niger Republic independence from Niger because they have a higher Hausa population than indigenous Niger Republic.

It's a violation of international law. You can't give independence to a country that isn't within your power.

FERNANDEZISBACK:

Can they survive on supplying gas within Europe only?can their economy grow big that way?
Or don't you understand how sanction works?

Eurasian Union
Enlargement of the Eurasian Economic Union
Similar in concept to the European Union, the Eurasian Union is an economic union established in 2015 including Russia, Armenia, Belarus, Kazakhstan, Kyrgyzstan and observer members Moldova, Uzbekistan, and Cuba. It is headquartered in Moscow, Russia and Minsk, Belarus. The union promotes economic integration among members and is theoretically open to enlargement to include any country in Europe or Asia.

olas24u:

Russia as an alliance with Eurasia and has partnership with china ,Iran, and the rest that will easily cushion effects ,the most powerful economies are in Asia not Europe.

No one is talking about most powerful..
The sanctions imposed so far? — Of course, it might survive. The sanctions do not try to destroy Russia’s economy. They limit its growth. So, while other economies grow through trade, investment, technology transfer, etc, Russia’s economy will miss on some trade, much of foreign investment, a good deal of technology transfer, and so on. While in the 1960s, Russia (via the USSR) controlled a huge fraction of world industrial production and money flows (40% if I am not mistaken), it now controls around 2% (which is comparable to its population as a fraction of the world's population). This drastic change is largely due to fast economic growth in China and India, as well as to the loss of Russia's influence in Eastern Europe and ex-USSR republics. In the next 10-20 years, Russia won't be able to significantly exceed the 2% mark, and may even lose ground..

That's what sanction does reduce you bit by bit..

IhateYouMan:


The US and EU will cripple the Russian economy in no time. Watch this space.

They will be cautious of the kind of sanctions to impose on Russia. If the sanction is heavy, Russia will likely launch full invasion. If the sanctions are light. Russia will continue putting pressure on Ukraine, which will have negative effect on her economy. At the end she will have to drop the NATO membership ambition.

The intelligence of Putin is not natural I swear. A war with Russia is just a stupid war... That's one country that has never been colonized or conquered before. Besides there was a referendum in Crimea and the people decided to follow Russia. All these western media are just trying to twist history. Putin is not a man that can be threatened or blackmailed. He's light years above his peers!

cumoverna:
Make Russia calm down na, Ukraine should even at least stop the process of joining NATO for peace to reign
...I watched a movie about two kids living with their grand ma, their home was close to border with Russia where shellings by fighters vibrates like earthquake.

I felt for those kids.... terrible earth.

Title of the movie pls

FERNANDEZISBACK:
This might have an effect on Russia to be sincere..
To my knowledge there isn't really any precedent since 1945 for a great power annexing another country to both gain land and intimidate another superpower...
Right now there's a spectrum for what what could happen..

On the one end Russia could invade and something could go horrifically wrong and we end up in a Europe wide NATO - Russia war. That would be disastrous to say the least.

In the middle of the spectrum is full sanctions and Russia becomes and economic pariah state. This however looks unlikely as only Britain and the US seem to see eye to eye in arguing for this outcome..
France and Germany seem a little bit less enthusiastic about this approach..
Let's see how it goes..

Russia will still lose again like the military conflict of the Crimean war fought from October 1853 to February 1856 in which Russia lost to an alliance of the west.

tamdun:

Russia annex cremea and nothing happened,US just used Ukraine as a pawn

I wonder how you guys use smart phone but make ignorant comment on a public forum.

Why was Russia kicked out of the G8?
Why was sanctions placed on their defense industry?

nothing happened. You have Internet but you can't make use of it

FERNANDEZISBACK:

Can they survive on supplying gas within Europe only?can their economy grow big that way?
Or don't you understand how sanction works?

Russians are smart people with highly educated population ,when they were removed from swift, they created their own.

Some of this blind armchair Russia love is hilarious. Probably actually believe there is genuine reason to evacuate all the citizens from the rebel regions. The mindset of some people are natural collaborators, no matter how corrupt or tyrannical a leader is, as long as it suits their own anti-western mindset

The governments of Sweden and Finland are now seriously considering joining NATO because of their aggression, having been neutral. The Baltic countries (Estonia, Latvia, Lithuania already despise the Russians and know they would be next if it wasn't for NATO. Rather than promoting peace in the region they are intent on creating division, and making NATO stronger in the process.

juman:
America should go and sit down.

Those european countries are doing follow follow america.
Many of them if they treated the issue well from the beginning according to their opinions and interest, things would not have been in this way.

European countries need russia.
The whole gas use in germany supply by russia.
What of austria, italy etc.

Russia is big market for european countries products.
ETC.

America is the problem in this case not russia.

the country violating another country's sovereign thus breaching the very same agreement it was party isn't at fault right.

Ask yourself if you're okay like this

FERNANDEZISBACK:

No one is talking about most powerful..
The sanctions imposed so far? — Of course, it might survive. The sanctions do not try to destroy Russia’s economy. They limit its growth. So, while other economies grow through trade, investment, technology transfer, etc, Russia’s economy will miss on some trade, much of foreign investment, a good deal of technology transfer, and so on. While in the 1960s, Russia (via the USSR) controlled a huge fraction of world industrial production and money flows (40% if I am not mistaken), it now controls around 2% (which is comparable to its population as a fraction of the world's population). This drastic change is largely due to fast economic growth in China and India, as well as to the loss of Russia's influence in Eastern Europe and ex-USSR republics. In the next 10-20 years, Russia won't be able to significantly exceed the 2% mark, and may even lose ground..

That's what sanction does reduce you bit by bit..

where is the money coming from ?they have the chinese alternative and that is what America wants,it does not want partnership between Europe and Russia

aribisala0:


Even God does not have that kind of power


It is illusory



Russia has effectively been under sanctions for decades and is already inured to them

Can the US stop Russia selling oil and gas? NO

The main things Russia sells are Energy and weapons and Russia has been moving away from dollars to the Euro for years
Also Russia has a very large land mass , plenty of Natural resources and is very self sufficient making most of what it needs.
The EU does not have the same appetite for conflict that The US and UK have . The reality is just like Putin grabbed Crimea he will grab Ukraine and Nothing the West can do about it

at least try to be informed before making dumb comments that others will read.

that's the least you can do

aribisala0:
This is the problem with impunity .
If US can do it why can's others?


Syria, Venezuela, Iraq, Libya, Cuba, Panama

Wat the crab are you saying?? Is USA annexing those countries you listed here or tryina jnvade them and claiming their lands. This does not correlate oga. Its a different scenario

D1official:

Russia is up against EU and US... Crippling Russian meagre economy of just a little above a trillion dollars wouldn't be a problem trust me.

Do you know what removal from SWIFT means? Do you know what it means to stop Russia from trading in pounds and dollars?

IhateYouMan:


The US and EU will cripple the Russian economy in no time. Watch this space.

never.....Europe needs Gas. have you been to Europe to see how this year's winter is cold....Cripple the economy and Europe will freeze to death......Russia is not just some banana republic.....

Russia is at a bicontinental stage.It has entered into an alliance with China. That could mitigate the sanctions imposed by the West in the short term- only in the short term. In the long run,it will begin to feel the economic stress of claustrophobia of such gagging sanctions, just like Cuba and Iran felt.
I think Russia- or more pointedly- Putin should be responsible with power. Power comes with responsibility.Is he quietly trying to be Joseph Stalin 2.0 ? Stalin spent 25 yrs in power before he died. Putin is just 3 yrs short of that mark.

DrGoodman:
I think US, and UK are being biased. Why can't they impose stiffer sanctions on the criminal government at Aso Rock for killing innocent Biafrans and tagging the killings ESN or ugm killings?

Who is this one sef? Ipob, ESN etc., is not even an issue of discussion in AU not to talk of UNO

aribisala0:


What happened to oil prices between 2013 and 2015


The decline in GDP was largely driven by the crash in oil prices which affected Nigeria and
other oil exporters

You are not well informed

What sanctions exactly are you talking about?
The sanctions mainly target individuals and not the Russian economy stop lying just to win a pointless argument

The US still imports more oil from Russia than from Nigeria and Russia does good business with the EU
Your knowledge of the "sanctions" is very superficial
In 2019 the US imported over $30 billion from Russia
How much did they buy from Nigeria which is not under sanction?

Canada already ships lots of to the US..
The price of oil is dropping steadily as it's uses are declining. That's not to say that oil does not have a use anymore, because I'm pretty sure it does, but the oil companies themselves seem to be recognizing that oil has reached its peak and is a product in decline...

The United States is starting to produce its own oil and can therefore buy the oil and refine it much cheaper domestically.
If it needs to buy oil, why would it incur the expenses of shipping in from malevolent or hostile countries, when it can bring it in from Canada much cheaper in transportation costs and from a friendlier nation that it shares a border with?

Considering the fact that many governments at a municipal level in the United States are switching to Green energy, why would it buy oil at all?

Considering the fact that commuter air travel is fast turning to electricity and electric powered airplanes, why would they want to go back in time for something more expensive and more polluting?
I wasn't even talking about oil..you missed y point..I was trying to let you know how the sanction is affecting Russia's economy..

GreyLaw:


No need arguing this mate. More sanctions are waiting; weightier ones for that matter. Sanctions don't finish. And there is no new world order. If ever there was something like that it will be China. Russia is a poor country. Till date Russia cannot even match Portugal's GDP per capita and they have been trying for ages. Apart from Moscow and St. Petersburg most other Russian cities are messed up.

New world order? Lol... China would be laughing at your statement. Even China no want war. Many people for the sake of hatred or pure boredom want a change of the guard, but no, the US is centuries ahead of every other country when it comes to military abilities and intelligence. For me: US, UK, Israel, then others

Even China cannot afford a full blown confrontation with India. India is in space, medicine, nuclear warfare, everything and they don't make noise. Let Putin go and sit down. This one he will lose it a million times over. The West actually want him to make a move so they will cordon him off and he knows hence the merry go round.

You were making sense until you got to ranking UK and Israel as most powerful after the US, and then saying India will beat China. LooL! You should ace up your knowledge. Read up in the results of previous Indochina wars, including the series of 1962 over Aksai Chin. If Israel rank anywhere in the top, it's certainly not close to Russia. Do you know what it means to inherit the whole Arsenal of the defunct USSR and still be locked in a deflated arms race since 1991? Yes, Israel is developed, courtesy of US benevolence and national will of the Jews to prosper, but a lapdog will always be a lapdog. You shouldn't bring a bingo to the table when the Tigers are talking.

LoooL!

IhateYouMan:


Wait till Russia mistakenly kills a NATO soldier and see what happens

Nothing will happen my brother Russia annex crimea from Ukraine nothing happens. Only sanctions that not effective. Iran is under sanctions check them out

funshint:
The intelligence of Putin is not natural I swear. A war with Russia is just a stupid war... That's one country that has never been colonized or conquered before. Besides there was a referendum in Crimea and the people decided to follow Russia. All these western media are just trying to twist history. Putin is not a man that can be threatened or blackmailed. He's light years above his peers!

Crimea belonged to Russia before and it was a gift to the Ukrainians

olas24u:


Russians are smart people with highly educated population ,when they were removed from swift, they created their own.

How many countries are using Russia alternatives to SWIFT (i.e, SPFS) and whats the volumes of their trades?

FreeStuffsNG:

Russia will still lose again like the military conflict of the Crimean war fought from October 1853 to February 1856 in which Russia lost to an alliance of the west.

Lanretoye:
Putin is a jagaban.

He is a bloody dictator.

MoIbrahim:
You are very incorrect. This is about security. Russia wants to secure its backyard while US and EU want to plant things there, and Ukraine is almost welcoming them. Same story with other countries around Russia. You guys should go and study the history of Eastern Europe and the West to fully understand what they are all doing.

Did you listen to Putin's speech? Putin wants to do more than just securing it's border.

He complained heavily about how the old Soviet States were allowed to be independent, he blamed Bolsheviks for separating Russia from Ukraine. He's trying to recreate the old Soviet Union.

Unfortunately, most of those countries don't want to be under him anymore. Countries like Latvia and Estonia have joined NATO for protection from Putin.

Putin really shouldn't be doing all these cos he already has power and is fearerd by all these smaller nations, but the guy is just being greedy.