... producers of some industrial goods less competitive than the US ones. And I think there’s a perception within certain European firms and business circles that the US interests lie just in that. So my suspicion is that if the US proceeds unilaterally with sanctions and seeks to affect European Union policy, the European Union will probably say, “We’re focusing only on Minsk” — they’re not going to attack sanctions — and that may also cause tensions between the two.
Assuming that the oil prices don’t go down, — which ...
... Allianz Investment Management, Munich; Tom Levinson, chief analyst, Sberbank.
The guests were informed on RIAC activities and discussed Russia's current foreign policy's issues, Russia-U.S. and Russia-EU relations as well as the prospects of lifting the sanctions imposed on Russia.
PIMCO manages both individual and institutional investors' individual accounts and open-end funds. The fund mostly invests into debt securities and public entities' shares and is a player on the derivatives market. PIMCO was ...
... Brussels— these problems were perceived as negligible or, at least, affordable compared to fundamental reciprocal economic interests.
The Ukrainian crisis and the subsequent EU sanctions against Russia proved this perception wrong. Of course, in Moscow the European decision on sanctions was interpreted as caused by the US pressure, but there are reasons to believe that the Russian side had expected EU countries to resist this pressure.
The sanctions were not the only example of European economic interests being outweighed by ...
... influence on critical international issues, with Syria being just the most recent example. After over two years of talking about the threat Russia poses and how the West can mitigate it, it is worthwhile to remind ourselves why the West, and in particular Europe, needs Russia.
Four key issues stand out:
First, in terms of international peace and security, Russia holds a permanent seat on the UN Security Council. The veto this provides has already been used to block Western action in a number of situations,...
... America and India and to the mightiest of them all…China. However, the West, I suggest, actually needs Russia, far more than Russia needs the West, in many respects. Especially now with the sudden and dramatic rise of ISIS in the Middle East. The sanctions war escalates What was not expected, I suggest, that Russia then carefully and judiciously, as well as selectively hit back and the result is that now Europe’s farmers are suffering heavy losses, which will never, ever be replaced nor compensated adequately for, by the EU and US politicians, who have advocated such sanctions. Russia has other partners, waiting in the wings – notably from ...
Just a few days ago the European Union has confirmed that the economic sanctions against the Russian Federation were extended for another year, or specifically up to 19th January 2016. Despite attempts to minimize the perceived impact of this policy on the economy of the EU in the eyes of the public opinion, the price being ...
... operation. Breaking another economy through a oil price war alone might prove a risky endeavor when the attacker is highly dependent on oil themselves, but chances of success could be improved if pressure is applied by other means, namely if economic sanctions are added to the equation.
So, talking about the real targets, Russia is the only one really mentioned by the Minister, and given the tones of West's foreign policy, there was no need to dissimulate this occurrence, because doing so ...
... to implement policies that inevitably have to favor German interests, regardless of the price for other state members and the European partners, especially Russia lately. It should be a generally accepted principle of each participating country to the ... ... the case to point out that the hit suffered by the German industry is ironically emerging after the enactment of the economic sanctions against Moscow, of which Chancellor Merkel was a most strenuous advocate. This kind of measures produces effects after ...