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Britain is drawing up plans to ensure that any EU action against Russia over Ukraine will exempt the City of London, according to a secret government document photographed in Downing Street.
All I hear from the Obama camp is that there will be isolation from Russia in a business side of things. Financial hoop la that is all that they are threatening with. You honestly think Putin cares, he can pull the plug on the oil pipes and since China as I hear is on Russia's side of things. What is stopping them from stopping their business with us and asking for their 2 trillion back?
Regardless I don't see any other option on this besides military unless we are willing to just say hey go ahead and take Crimea.
The only people I feel bad about are the Crimeans that are not Russian the other 40% percent that live there and have no choice in the matter. Its like if it happen here against Democrats and Republicans, the other side would feel in danger if the other side used the military on their side.
reply to post by DeadSeraph
It is not our fight, it is theirs.
Russian stocks and bonds plummeted on Monday and the central bank hiked interest rates, burning its way through as much as $12 billion of its reserves to prop up the rouble as markets took fright at the escalating tension with neighbouring Ukraine. Investors were ditching all Russian assets alike - the rouble, stocks and bonds. The market capitalisation of the Russian rouble-denominated MICEX stock index fell some $60 billion since Friday, more than the $51 billion Russia spent on the Winter Olympics in Sochi last month. The Ukrainian hryvnia has firmed since curbs were imposed on deposit withdrawals last week, but Ukrainian eurobonds fell sharply. Russia's central bank unexpectedly raised its key lending rate - the one-week repurchasing agreement - to 7 percent from 5.5 percent, in an attempt to stem capital flight. The central bank did not mention Ukraine in its statement, but said the decision to raise rates was aimed at preventing 'risks to inflation and financial stability associated with the recently increased level of volatility in the financial markets'. The central bank said separately it had changed its rules for the rouble's managed float by raising the amount needed to shift the currency's trading corridor by nearly fivefold to $1.5 billion, saying again it was a move 'to prevent risks to financial stability by limiting exchange rate fluctuations'. ING Bank estimated that the central bank spent $10.5-$12 billion, or 2 percent, of its gold and foreign exchange reserves keeping the rouble from spiralling down too fast. 'It goes without saying that the extent to which (central bank moves are) successful will depend largely on political rather than economic developments," Neil Shearing, chief emerging markets economist at Capital Economics, said. The rouble closed 2 percent down at 36.50 against the dollar and 1.6 percent lower at 50.38 against the euro , its at all-time lows. The MICEX index of Russian shares tumbled 10.8 percent to close at 1,288.8 points and the dollar-denominated RTS collapsed 12 percent to 1,115.1 points Read more: www.dailymail.co.uk... -War.html#ixzz2uwo3hesu Follow us: @MailOnline on Twitter | DailyMail on Facebook
reply to post by Elathan
well it's pretty clear for me
reply to post by DeadSeraph
I never thought, not in my wildest dream, and certainly not on ATS, for someone to support any military organization let alone atrocious NATO pact.
I was in fallacy.
reply to post by Dolby_X
Well I guess that answers my question a few pages ago about whether or not they would allow them supplies...
Not good. I really hope that is just ill thought out rhetoric and the Russians aren't stupid enough to try and starve the Ukrainian army out of the Crimea. That will increase the chances of someone committing a grave mistake exponentially.