Say bye bye to Lufthansa and other European airlines: new Russian sanctions will block Asia Flights

[Cheetah786]

you must be pretty retarded if you believe that russia would ever do that, They would kill their entire civil aviation. We laugh about this here. The EU would ban entire Aeroflot from landing and crossing its airspace. With that, russia cant reach north america anymore. EU would also ban to care for aeroflotd airbus fleet. Since usA would most likely follow, aeroflot can say good bye to their Boeings as well. So that would mean good bye airplanes in general in russia.

That shows how retarded it is and a typical putin pipe dream.

(Reuters) -Germany and Italy have most to lose if the European Union makes good on its threat to impose harsher sanctions on Moscow, while Britain's overseas territories are soaking up the lion's share of capital streaming out of Russia.

The picture emerging from United Nations and European Union data shows the impact of restricting trade with Russia would be far from even, with Germany dwarfing others' exposure and those urging sanctions loudest, such as Sweden, having less at stake
That makes an EU plan to consider limiting Russian access to European defence and energy technology more difficult, despite pressure from the United States after the downing of a Malaysian airliner over the conflict zone in eastern Ukraine.

Wary of antagonising its main gas supplier, the EU has used travel bans and asset freezes so far in reaction to Russia's annexation of Crimea and support for separatists in Ukraine.

Ministers agreed on Tuesday those measures may be widened if Moscow does not cooperate with an investigation into the plane crash and fails to stop weapons flowing into the country.

Limiting trade would be damaging because the 28-nation EU sold goods worth 120 billion euros (94 billion pounds) to Russia last year, even if that was only 7 percent of the bloc's annual exports, according to the EU statistics office Eurostat.

Germany , Europe's biggest economy ,accounted for one-third of sales to Russia, around 36 billion euros. Many of those goods could be restricted by sanctions: manufactured products including those used in defence and energy.

EU governments are split over tougher sanctions, largely depending on the closeness of their ties with Russia. Germany is the swing state given its position at the heart of Europe and as its weight as the EU's most populous country.

Britain, Poland and Sweden lead a group pushing for economic sanctions, and whose combined total exports to Russia are less than the size of those of Germany.

Some 6,200 German firms are active in Russia with 20 billion euros ($27 billion) of investments there, while around 300,000 German jobs are dependant on trade with Russia, according to Germany's Committee on Eastern European Economic Relations.

"More sanctions increase the price all of us have to pay for this conflict," Eckhard Cordes, its chairman, told Reuters.

HeidelbergCement, which does business in Russia, echoed that sentiment and a spokesman for the company said that while it would accept sanctions, "economically there will only be losers because both sides will suffer damages".

Still, the Baltic countries, which won their independence from the Soviet Union two decades ago, are the most vocal about the need for sanctions against Russia despite strong trade ties.

Almost three-quarters of Latvia's drinks and tobacco exports go to Russia, while Lithuania sells a third of its food and live animal there. But the Baltics are eager to diversify away from Moscow. Lithuania will join its Baltic neighbours Latvia and Estonia in the euro zone from next year, cementing a shift westwards.



THE $94 BLN MONEY TRAIL

Italy is among the states most strongly resisting tougher restrictions on Russia, along with Greece and Cyprus.

Italian exports to Russia were second only to Germany's last year at nearly 11 billion euros, double those of Britain and larger than the 8 billion euros of the Netherlands, which has shifted to the pro-sanctions camp after 193 of its citizens were killed in the plane disaster.

The Netherlands, a nation of 15 million, has an outsized share of imports from Moscow and foreign direct investment flows to Russia because of its position as an oil and commodities-trading hub and a tax-efficient base for offshore corporations.

Much of the Italian sales were manufactured goods, transport machinery and chemicals -- the kind of sophisticated products Russia's raw materials-dominated economy needs.

"Sanctions are always a problem both for those who are subjected to them and those who impose them," Italian Economy Minister Pier Carlo Padoan told reporters in Brussels.

Italy's allies include southern European countries such as Cyprus, which stands to lose from sanctions because of the billions of euros Russian oligarchs have invested there.

Of $94 billion in outward foreign direct investment by Russian residents in 2013, $11 billion ended up in Cyprus, according to U.N. and World Trade Organisation data.

Cyprus, where light regulation and cultural ties through Orthodox Christianity have long attracted the capital and savings of Russians, was only second to the British Virgin Islands, which took in $61.7 billion last year.

Wealthy Russians took a hit when the euro zone imposed losses on big bank depositors in return for a 10 billion euro bailout of Cyprus last year after a banking meltdown.

Russian ties, trade lie behind EU sanctions rift| Reuters

Pee brain When you were growing up and your mother told you that you are special what she meant was that you are stupid. Lot more at stake here for Europe then Russia.

Wanna have a grown up conversation refrain from calling names. Besides we are not related any possible way so obviously i am not Retarded.

 

[nvKyleBrown]

Russia does not need to go over the EU to get to N. America - you go over the Arctic ocean for that. Keep in mind that flights from the US to Japan go over Alaska. Great Circles, people. Get rid of your Mercator projection maps.

In any case, it would be silly and not beneficial to anyone. The West would respond with 2 things:
1) complete ban on Russian carriers everywhere (overflight and landing)
2) tax/fee on airlines allowed to continue overflying Russia - it amounts to anti-competitive behavior, and all western countries have laws about that.

Everyone winds up a bit poorer, particularly those traveling routes that would normally pass over Russia.

 

[senheiser]

I know. He gives a shit about his people. He rules russia in a feudal way. He knows that he simply can´t block european airlines, because this would mean an end for russian air travel. So they pump out those bogus nonsense evry day

we will blog european airlines and allow asian ones so your airlines get replaced by asians its that simple. Russia has you by the balls.

Russia does not need to go over the EU to get to N. America - you go over the Arctic ocean for that. Keep in mind that flights from the US to Japan go over Alaska. Great Circles, people. Get rid of your Mercator projection maps.

In any case, it would be silly and not beneficial to anyone. The West would respond with 2 things:
1) complete ban on Russian carriers everywhere (overflight and landing)
2) tax/fee on airlines allowed to continue overflying Russia - it amounts to anti-competitive behavior, and all western countries have laws about that.

Everyone winds up a bit poorer, particularly those traveling routes that would normally pass over Russia.

laws? Youre own sanctions are against the laws you hypocrite, we wont give any money just like with yukos we wont give you anything, russia just uses the time and will ignore these rules what this corrupt dutch court will tell ultimately.

So you block our planes but fact is when was the last time russian planes land at north america or europe, most of the market is controlled by westerners so the west will get the bigger hit. If you would want to make these sanctions meaningless to your industry you would need to forbid asians flying over russia too but that will bring you at conflict with asians. Russia has the better cards here, it doesnt matter if we take a hit its like the story of the elphant and snake, you might kill the snake but the poisen will kill the bigger enemy and thats what matters to russia.

 

[nvKyleBrown]

Western airlines couldn't fly over Russia for the entire cold war. No difference here, only that Russian airlines are more limited in Europe than they would have been during the cold war. The net effect of sanctions is up to Europe - what they decide will matter. The US will fall in line, but US sanctions alone would be meaningless, as there is not a lot of US service that would be affected anyhow (Russian airlines in the US, or US airlines over Russia).

The point is that third party airlines do not stand to benefit meaningfully in the short run, as anti-competition would do for that. Russia cannot stop that, short of invading. Sanctions are, by definition, changes to the law. You can legally change the law however you like in a democracy, if you have the votes. Russia has pissed off a lot of Europeans, so the votes appear to be there (maybe not Germany, they are more wishy-washy from appearances thus far).

but if it makes you feel better to be unrealistic about it, do as you like.

 

[third eye]

This is a economic war imposed on Russia.
And here you are with Philosophical one liners?
Putin is no Modi (however good) he is former KGB guy...
National interests come first..
But lamantably, people like your mindset, put the national security at the back burner.
How pathetic..

You are entitled to your views while I am to mine.

Russia has stoked the whole thing by intervening in Crimea & please dont attempt to justify their actions by things like ' the people voted ' for it.

Not that Putin will ever do it but just in case he does , he & Russia stand to lose much more .

 

[Gazprom]

Are you in an inner circle with all the top people in the world and we dont know about it, tell me, who killed Tupac?

this is laughable. Ther will be no war and nobody talks about war.

you must be pretty retarded if you believe that russia would ever do that, They would kill their entire civil aviation. We laugh about this here. The EU would ban entire Aeroflot from landing and crossing its airspace. With that, russia cant reach north america anymore. EU would also ban to care for aeroflotd airbus fleet. Since usA would most likely follow, aeroflot can say good bye to their Boeings as well. So that would mean good bye airplanes in general in russia.

That shows how retarded it is and a typical putin pipe dream.

Russia can use the artic route to north america which is shortest. Plus if boeings,airbus are banned,its a plus for the domestic aircraft industry like LNG Tu-216,Tu-204,Il-96,SSJ . Win win for Russia.Lose lose for West.

But more likely there will be war in a matter of time.

Even top financial experts,economists,billionaires,politicans agree World war 3 is coming.

Top Financial Experts Say World War 3 Is Coming … Unless We Stop It



Nouriel Roubini, Kyle Bass, Hugo Salinas Price, Charles Nenner, James Dines, Jim Rogers, David Stockman, Marc Faber, Jim Rickards, Paul Craig Roberts, Martin Armstrong, Larry Edelson, Gerald Celente and Others Warn of Wider War

Paul Craig Roberts - former Assistant Secretary of the Treasury under President Reagan, former editor of the Wall Street Journal, listed by Who’s Who in America as one of the 1,000 most influential political thinkers in the world, PhD economist - wrote an article yesterday about the build up of hostilities between the U.S. and Russia titled, simply:"War Is Coming". In the article, Roberts notes:



As reported by Tyler Durden of Zero Hedge, the Russian response to the extra-legal ruling of a corrupt court in the Netherlands, which had no jurisdiction over the case on which it ruled, awarding $50 billion dollars from the Russian government to shareholders of Yukos, a corrupt entity that was looting Russia and evading taxes, is telling. Asked what Russia would do about the ruling, an advisor to President Putin replied, “There is a war coming in Europe.” Do you really think this ruling matters?”

In January, well-known economist Nouriel Roubini tweetedfrom the gathering of the rich and powerful at the World Economic Forum in Davos:



Many speakers compare 2014 to 1914 when WWI broke out & no one expected it. A black swan in the form of a war between China & Japan?

And:



Both Abe and an influential Chinese analyst don't rule out a military confrontation between China and Japan. Memories of 1914?

Billionaire hedge fund manager Kyle Bass writes:

Trillions of dollars of debts will be restructured and millions of financially prudent savers will lose large percentages of their real purchasing power at exactly the wrong time in their lives. Again, the world will not end, but the social fabric of the profligate nations will be stretched and in some cases torn. Sadly, looking back through economic history, all too often war is the manifestation of simple economic entropy played to its logical conclusion. We believe that war is an inevitable consequence of the current global economic situation.

Reagan's head of the Office of Management and Budget - David Stockman - is posting pieces warning of the dispute between the U.S. and Russia leading to World War 3.

Investment adviser Larry Edelson wrote an email to subscribers entitled “What the “Cycles of War” are saying for 2013″, which states:

Since the 1980s, I’ve been studying the so-called “cycles of war” — the natural rhythms that predispose societies to descend into chaos, into hatred, into civil and even international war.



I’m certainly not the first person to examine these very distinctive patterns in history. There have been many before me, notably, Raymond Wheeler, who published the most authoritative chronicle of war ever, covering a period of 2,600 years of data.



However, there are very few people who are willing to even discuss the issue right now. And based on what I’m seeing, the implications could be absolutely huge ....

Former Goldman Sachs technical analyst Charles Nenner – who has made some big accurate calls, and counts major hedge funds, banks, brokerage houses, and high net worth individuals as clients – says there will be “a major war”, which will drive the Dow to 5,000.

Veteran investor adviser James Dines forecast a war is epochal as World Wars I and II, starting in the Middle East.

Economist and investment manager Marc Faber says that the American government will start new wars in response to the economic crisis:

• “The next thing the government will do to distract the attention of the people on bad economic conditions is they’ll start a war somewhere.
• “If the global economy doesn’t recover, usually people go to war.”

Martin Armstrong - who has managed multi-billion dollar sovereign investment funds - wrote in August:

Our greatest problem is the bureaucracy wants a war. This will distract everyone from the NSA and justify what they have been doing.They need a distraction for the economic decline that is coming.

Armstrong wrote a piece yesterday entitled, "Why We will Go to War with Russia", and another one today saying, "Prepare for World War III".



Top Financial Experts Say World War 3 Is Coming … Unless We Stop It | Zero Hedge​

You are entitled to your views while I am to mine.

Russia has stoked the whole thing by intervening in Crimea & please dont attempt to justify their actions by things like ' the people voted ' for it.

Not that Putin will ever do it but just in case he does , he & Russia stand to lose much more .

Didn't the west do a coup in kiev ? Ukraine is like Sikkim,Bangladesh,Bhutan,Nepal are to India.

@vostok is east ukrainian.

 

[MarkusS]

we will blog european airlines and allow asian ones so your airlines get replaced by asians its that simple. Russia has you by the balls.



laws? Youre own sanctions are against the laws you hypocrite, we wont give any money just like with yukos we wont give you anything, russia just uses the time and will ignore these rules what this corrupt dutch court will tell ultimately.

So you block our planes but fact is when was the last time russian planes land at north america or europe, most of the market is controlled by westerners so the west will get the bigger hit. If you would want to make these sanctions meaningless to your industry you would need to forbid asians flying over russia too but that will bring you at conflict with asians. Russia has the better cards here, it doesnt matter if we take a hit its like the story of the elphant and snake, you might kill the snake but the poisen will kill the bigger enemy and thats what matters to russia.

you really love our balls it seems.

beside that, we dont take nonsense serious, we already know that russia wont do it. They are not that retarded. it would end their air travel.

 

[Gazprom]

you really love our balls it seems.

beside that, we dont take nonsense serious, we already know that russia wont do it. They are not that retarded. it would end their air travel.

air travel with asia and brics will remain. Only that west will have pay out its nose . Also ,West will consume more oil and gas thus being beholden even more to Saudis who are establishing sharia law zones in Europe.

 

[MarkusS]

air travel with asia and brics will remain. Only that west will have pay out its nose . Also ,West will consume more oil and gas thus being beholden even more to Saudis who are establishing sharia law zones in Europe.

nope it will not remain,. we can drag the entire world into this. being the. 500 pound gorilla in world economy is a good advantage for forcing others to follow us. russia is an economic dwarf. they already close down business

 

[Gazprom]

nope it will not remain,. we can drag the entire world into this. being the. 500 pound gorilla in world economy is a good advantage for forcing others to follow us. russia is an economic dwarf. they already close down business

but not russia. Proved that in the soviet era .

 

[MarkusS]

but not russia. Proved that in the soviet era .

how comes then that even those small sanctions yet make their business shut down?

and what did they prove? sovietunion went bancrupt. russia simply cant win an economic war against the west.

 

[Gazprom]

how comes then that even those small sanctions yet make their business shut down?

and what did they prove? sovietunion went bancrupt. russia simply cant win an economic war against the west.

yet for 40 years of cold war,a world war against them and pre-ww2 sanctions,they stood. 70 years they should in face of sanctions and became a superpower in that. I will say that trade with west has made russia lazy and uninnovative. Sanctions ,russia become innovative. We are seeing russia launch elbrus chips,new kinds of parallel computing,fast reactors like BN-1200,BREST,SVBR,angara rocket .LNG tupolev project which was shelfed due to pressure of boeing and oil companies has restarted.

So ,bring the sanctions please. If world war does not happen, then Russia will be a superpower if sanctions are imposed. Trade with west gives russia easy money and russia acts like a drug addict.

 

[MarkusS]

yet for 40 years of cold war,a world war against them and pre-ww2 sanctions,they stood. 70 years they should in face of sanctions and became a superpower in that. I will say that trade with west has made russia lazy and uninnovative. Sanctions ,russia become innovative. We are seeing russia launch elbrus chips,new kinds of parallel computing,fast reactors like BN-1200,BREST,SVBR,angara rocket .LNG tupolev project which was shelfed due to pressure of boeing and oil companies has restarted.

So ,bring the sanctions please. If world war does not happen, then Russia will be a superpower if sanctions are imposed. Trade with west gives russia easy money and russia acts like a drug addict.

lol

 

[vostok]

You are entitled to your views while I am to mine.

Russia has stoked the whole thing by intervening in Crimea & please dont attempt to justify their actions by things like ' the people voted ' for it.

Not that Putin will ever do it but just in case he does , he & Russia stand to lose much more .

You might be surprised, but in Crimea locals after 1991 believed that they living under Ukrainian occupation. Finally, they got rid of the occupation and returned to Motherland. How can you judge them for it? If you have a native, loving mother, then why would you live with an evil and greedy stepmother?

 

[Echo_419]

(Reuters) -Germany and Italy have most to lose if the European Union makes good on its threat to impose harsher sanctions on Moscow, while Britain's overseas territories are soaking up the lion's share of capital streaming out of Russia.

The picture emerging from United Nations and European Union data shows the impact of restricting trade with Russia would be far from even, with Germany dwarfing others' exposure and those urging sanctions loudest, such as Sweden, having less at stake
That makes an EU plan to consider limiting Russian access to European defence and energy technology more difficult, despite pressure from the United States after the downing of a Malaysian airliner over the conflict zone in eastern Ukraine.

Wary of antagonising its main gas supplier, the EU has used travel bans and asset freezes so far in reaction to Russia's annexation of Crimea and support for separatists in Ukraine.

Ministers agreed on Tuesday those measures may be widened if Moscow does not cooperate with an investigation into the plane crash and fails to stop weapons flowing into the country.

Limiting trade would be damaging because the 28-nation EU sold goods worth 120 billion euros (94 billion pounds) to Russia last year, even if that was only 7 percent of the bloc's annual exports, according to the EU statistics office Eurostat.

Germany , Europe's biggest economy ,accounted for one-third of sales to Russia, around 36 billion euros. Many of those goods could be restricted by sanctions: manufactured products including those used in defence and energy.

EU governments are split over tougher sanctions, largely depending on the closeness of their ties with Russia. Germany is the swing state given its position at the heart of Europe and as its weight as the EU's most populous country.

Britain, Poland and Sweden lead a group pushing for economic sanctions, and whose combined total exports to Russia are less than the size of those of Germany.

Some 6,200 German firms are active in Russia with 20 billion euros ($27 billion) of investments there, while around 300,000 German jobs are dependant on trade with Russia, according to Germany's Committee on Eastern European Economic Relations.

"More sanctions increase the price all of us have to pay for this conflict," Eckhard Cordes, its chairman, told Reuters.

HeidelbergCement, which does business in Russia, echoed that sentiment and a spokesman for the company said that while it would accept sanctions, "economically there will only be losers because both sides will suffer damages".

Still, the Baltic countries, which won their independence from the Soviet Union two decades ago, are the most vocal about the need for sanctions against Russia despite strong trade ties.

Almost three-quarters of Latvia's drinks and tobacco exports go to Russia, while Lithuania sells a third of its food and live animal there. But the Baltics are eager to diversify away from Moscow. Lithuania will join its Baltic neighbours Latvia and Estonia in the euro zone from next year, cementing a shift westwards.



THE $94 BLN MONEY TRAIL

Italy is among the states most strongly resisting tougher restrictions on Russia, along with Greece and Cyprus.

Italian exports to Russia were second only to Germany's last year at nearly 11 billion euros, double those of Britain and larger than the 8 billion euros of the Netherlands, which has shifted to the pro-sanctions camp after 193 of its citizens were killed in the plane disaster.

The Netherlands, a nation of 15 million, has an outsized share of imports from Moscow and foreign direct investment flows to Russia because of its position as an oil and commodities-trading hub and a tax-efficient base for offshore corporations.

Much of the Italian sales were manufactured goods, transport machinery and chemicals -- the kind of sophisticated products Russia's raw materials-dominated economy needs.

"Sanctions are always a problem both for those who are subjected to them and those who impose them," Italian Economy Minister Pier Carlo Padoan told reporters in Brussels.

Italy's allies include southern European countries such as Cyprus, which stands to lose from sanctions because of the billions of euros Russian oligarchs have invested there.

Of $94 billion in outward foreign direct investment by Russian residents in 2013, $11 billion ended up in Cyprus, according to U.N. and World Trade Organisation data.

Cyprus, where light regulation and cultural ties through Orthodox Christianity have long attracted the capital and savings of Russians, was only second to the British Virgin Islands, which took in $61.7 billion last year.

Wealthy Russians took a hit when the euro zone imposed losses on big bank depositors in return for a 10 billion euro bailout of Cyprus last year after a banking meltdown.

Russian ties, trade lie behind EU sanctions rift| Reuters

Pee brain When you were growing up and your mother told you that you are special what she meant was that you are stupid. Lot more at stake here for Europe then Russia.

Wanna have a grown up conversation refrain from calling names. Besides we are not related any possible way so obviously i am not Retarded.

Bechari kii dono country's ki waat lag jayi gi