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Russia Gets Another Trade Retrograde from G7 and USA

If Putin thought that this was economic war before, he ain’t seen nothing yet.

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With Russia’s unjustified genocide of the Ukrainian people moving forward at a steady and unrepentant pace, the world is doing nearly all that it can to pressure the Kremlin to quit while they’re ahead.

This includes mass corporate exodus that we’ve seen from Russia, the instigation of massive economic sanctions, and even the Twitter censorship of official government accounts.

The latest major assault on Russia’s finances came on Friday, as G7 teamed up with the White House to put an enormous pockmark on the nation’s trade status.

President Joe Biden announced Friday the U.S. will dramatically downgrade its trade status with Russia as punishment for its invasion of Ukraine and also ban imports of Russian seafood, alcohol and diamonds.

The broad trade shift, which revokes the “most favored nation” status for Russia, is being taken in coordination with the European Union and Group of Seven countries.

“The free world is coming together to confront Putin,” Biden said from the Roosevelt Room of the White House. He also said countries were adding new names to a list of Russian oligarchs who are facing sanctions, and the U.S. is cutting the flow of high-end American products such as expensive watches, cars and clothing.

And then…

If Putin thought that this was economic war before, he ain’t seen nothing yet.

Opinion

NEW NATO NARRATIVE: Ukraine Can ‘Win’ War with Russia

Know one would have even considered the possibility 3 months ago.

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Well that is one heck of a turnaround, eh?

We’ve gone from watching Russia amass an enormous fighting force on the borders of Ukraine, (all while telling the world that it was all routine and to butt out), to watching those same tanks and personnel roll into the sovereign neighboring nation, all the while worried that Russia would simply steamroll Kyiv and take the whole country for itself in a matter of days.

Nearly three months later, and that story is changing…and dramatically.

Ukrainian forces say they have pushed back the Russian military in the region around Kharkiv in northeastern Ukraine, and near the border with Russia, continuing a counteroffensive that has prompted Russian troops to withdraw from around Ukraine’s second-largest city.

Then came a surprising suggestion.

NATO’s Secretary-General Jens Stoltenberg said Sunday that “Ukraine can win this war” following an informal meeting of the group. His comments came after Finland announced it would apply to join the military alliance in what marks a historic move for the traditionally neutral Nordic country.

Joining the military alliance will “maximize” Finland’s security after Russia’s unprecedented invasion of Ukraine in February, President Sauli Niinisto said.

Sweden is expected to follow suit with both applications likely to enflame tensions between NATO and Russia further. Moscow warned last week of “retaliatory steps” if Finland joined the alliance.

Ukrainian President Volodymyr Zelenskyy is drinking the proverbial Kool-Aid as well, having claimed that Eurovision will be able to hold its enormous, annual songwriting competition in Mariupol next year.

 

Well that is one heck of a turnaround, eh? We’ve gone from watching Russia amass an enormous fighting force on the borders of Ukraine, (all while telling the world that it was all routine and to butt out), to watching those same tanks and personnel roll into the sovereign neighboring nation, all the while worried that Russia would simply steamroll Kyiv and take the whole country for itself in a matter of days. Nearly three months later, and that story is changing…and dramatically. Ukrainian forces say they have pushed back the Russian military in the region around Kharkiv in northeastern Ukraine, and near the border with Russia, continuing a counteroffensive that has prompted Russian troops to withdraw from around Ukraine’s second-largest city. Then came a surprising suggestion. NATO’s Secretary-General Jens Stoltenberg said Sunday that “Ukraine can win this war” following an informal meeting of the group. His comments came after Finland announced it would apply to join the military alliance in what marks a historic move for the traditionally neutral Nordic country. Joining the military alliance will “maximize” Finland’s security after Russia’s unprecedented invasion of Ukraine in February, President Sauli Niinisto said. Sweden is expected to follow suit with both applications likely to enflame tensions between NATO and Russia further. Moscow warned last week of “retaliatory steps” if Finland joined the alliance. Ukrainian President Volodymyr Zelenskyy is drinking the proverbial Kool-Aid as well, having claimed that Eurovision will be able to hold its enormous, annual songwriting competition in Mariupol next year.  

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Opinion

Biden Approval Crashes Again, This Time to Historic Low

This is just sad at this point.

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Look around your country.  See the struggle in real time.  Watch how hard it is for the rest of this nation to get to where they need to be, every day, and ask yourself “why does it need to be like this?”.

And then realize that all of this trouble is coming to America in what was supposed to be the launching months of a new “roaring twenties”; as COVID faded and the economy roared back to life, America was poised to be a global show for the ages.

Instead, the last year and a half have been filled to the brim with turmoil and strife and not much nice.

US President Joe Biden is taking his lumps on account of it.

An NBC News poll released Sunday shows Biden’s job approval rating has plunged to a fresh low, with just 39 percent of Americans approving of the job he’s doing and 56 percent disapproving.

This was a new milestone for the reluctant leader.

Those numbers represents the lowest mark of his presidency.

Inflation, the economy and border security are the three main areas where voters see Biden failing them. The overall cost of living is standing as the public’s top issue.

Biden’s approval rating has experienced a few brief reprieves over the course of his presidency, but has continued on a steady decline almost from the start.

Look around your country.  See the struggle in real time.  Watch how hard it is for the rest of this nation to get to where they need to be, every day, and ask yourself “why does it need to be like this?”. And then realize that all of this trouble is coming to America in what was supposed to be the launching months of a new “roaring twenties”; as COVID faded and the economy roared back to life, America was poised to be a global show for the ages. Instead, the last year and a half have been filled to the brim with turmoil and strife and not much nice. US President Joe Biden is taking his lumps on account of it. An NBC News poll released Sunday shows Biden’s job approval rating has plunged to a fresh low, with just 39 percent of Americans approving of the job he’s doing and 56 percent disapproving. This was a new milestone for the reluctant leader. Those numbers represents the lowest mark of his presidency. Inflation, the economy and border security are the three main areas where voters see Biden failing them. The overall cost of living is standing as the public’s top issue. Biden’s approval rating has experienced a few brief reprieves over the course of his presidency, but has continued on a steady decline almost from the start.

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