"We shot ourselves in the foot" commented PM Victor Orbán in a radio interview regarding sanctions against Russia

Friday, August 15, 2014

In a radio interview Friday morning, Prime Minister Viktor Orbán among other things remarked that he agreed with Slovak Prime Minister regarding western sanctions against Russia - we have done more harm to ourselves than to the Russian economy said PM Orbán.

The prime minister said he was looking for partners that help bring changes in the EU's policy regarding sanctions. The goal is not only to compensate farmers that suffered losses as a result of the sanctions but reconsider the European Union's policy towards sanctions. For export based economies sanctions always contrary to national interests stressed Orbán.

The prime minister called for a conference where the European Union and Russia can discuss future co-operation, and review long-term plans as well as debate the Ukrainian crisis.

( -MTI –


Anonymous said...

More like Washington shot Europeans in the foot by taking away markets for Euro companies, while US companies won't suffer much at all.

Anonymous said...

In The West Respect for Truth No Longer Exists by Paul Craig Roberts

The Western media have proved for all to see that the Western media comprises either a collection of ignorant and incompetent fools or a whorehouse that sells war for money.
The Western media fell in step with Washington and blamed the downed Malaysian airliner on Russia. No evidence was provided. It its place the media used constant repetition. Washington withheld the evidence that proved that Kiev was responsible.
The media’s purpose was not to tell the truth, but to demonize Russia...

[ The Anglo American Zionist Western Liberal media manufactures a phony reality. This (sanctions) is a repeat of the phony Iranian Nuclear Big Lie scam. Two years ago, the Anglo-American-Zionist Western Liberal media beat the drums for sanctions against Iranian oil due to the phony (non-existent) Nuclear Weapons of Mass Destruction Big Lie. Iran was discounting the oil to Greece (on credit ), Spain, etc. to relieve the economic hardship Europe was facing due to the Rothschild Bankster imposed "Austerity" (code word for POVERTY ). The Sovereign City of London Rothschild Banking cabal got their sanctions - Europe lost a reliable supplier of discounted oil and got financially screwed in the process. Naturally, the Anglo-American-Zionist Oil cartel was the big winner - British Petroleum BP, Royal Dutch Shell, etc. So, where is the phony Iranian nuclear threat we heard a couple of years ago ? Disappeared - it only existed in the engineered reality of the Anglo-American-Zionist media.]

Big Oil Provokes Iran

Oil-rich Iran has been in the crosshairs of the Illuminati banksters and their Four Horsemen oil cartel (Exxon Mobil, Chevron Texaco, BP Amoco and Royal Dutch/Shell) for well over a century...

The Four Horsemen Of Banking

If you want to know where the true power center of the world lies, follow the money – cui bono. According to Relbanks the world’s seven largest banks...

Rothschilds’ BCCI Shake Down Of Arabs

Geopolitics, Stock Markets and Media Disinformation: Ukraine Troops Destroy Part Of “Armed” Russian Convoy, Stocks Crash

The Ukraine, Corrupted Journalism, and the Atlanticist Faith

The Dumbing Down of America – By Design

Fight the EU - Defend Europa!

Media Disinformation and “Manufactured Dissent”

Anonymous said...

This Western engineered financial crisis is an opportunity for the rest of Europe ( EU ) to boycott Anglo American Zionist business interests that engineered the Ukrainian crisis - boycott transnational corporations (Coke, Pepsi, etc).

The EU Demands Argentina to Ban Food Exports to Russia: Arrogance and Stupidity

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Russia’s import ban means big business for Latin America

...Import bans could be expanded to any country that has a sanction policy against Russia, including: Albania, Australia, the United Kingdom, Germany, the European Union, Iceland, Canada, Latvia, Liechtenstein, Lithuania, Moldova, New Zealand, Norway, Poland, the USA, Ukraine, France, Montenegro, Switzerland, Estonia and Japan...

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Turkey: ‘We’re ready to increase food exports to Russia’

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The European Union and the Trade War with Russia (II)

The European Union and the Trade War with Russia (III)

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Anonymous said...

Europe Falling Victim to US Pressure

...The European business is looking for the ways to get around the ban and stay in Russia. One of the options is getting to Russian market through Belorussia and Kazakhstan. The producers of Norwegian salmon are looking for the ways around through Chile.
... Second, the European business finds it hard to understand the logic of Brussels succumbing to the United States while the sanctions imposed by America are very selective. Washington prefers Europe to shoulder the major burden of losses.

On August 9 US oil giant ExxonMobil started drilling in Russian Arctic Ocean no matter its Russian partner Rosneft was under sanctions. This example of double standard approach on the part of the one who dragged the European Union into the sanctions adventure looks more like betrayal.

No doubt Europe is going to scrutinize more closely the economic initiatives coming from the United States, first of all the US-proposed Transatlantic Free Trade Area (TAFTA). Becoming part of TAFTA the European business, weakened by Russian sanctions, could find itself trapped. If Europe does not change the sanctions policy towards Russia soon it may result in political complications. Big business may revolt to entail wide discontent among grassroots. The loss of profit directly affects working places. From Brussels’ point of view these difficulties could be overcome at the expense of labor immigrants though people will hardly accept this approach.

There is one more problem that Brussels will have to inevitably face - the strengthening of Euroscepticism and anti-US sentiments.

Finally, the United Stated exerted pressure to make Europe impose sanctions against Russia. It will result in further schism inside the European Union which is had been divided enough even before the sanctions were introduced.

Anonymous said...

Switzerland to EU We don’t want to sidestep Russian food ban

Switzerland has said it will not re-export European agricultural products to Russia that now can’t get access to the country’s market.
Swiss legislation requires certifying food exports for hygiene, which it can’t do if the products are processed outside its borders...
...Moscow’s embargo on imports of some food products from the EU, introduced early August, did not affect Switzerland as it did not apply wide sanctions against Russia.
...The most popular goods Switzerland exports to Russia are cheese and coffee, which combined were worth around $220 million in 2013 or 2.4 percent of Switzerland’s total food sales abroad according to the Customs Administration.
Because Switzerland is not a member of the EU it has stayed fairly neutral over the sanctions imposed on Russia. ...and tightened the ban on Swiss financial intermediaries.

Serbia ready to start dairy deliveries to Russia in 2-3 weeks

... Currently there are 41 firms in Serbia authorized to export food to Russia. Russia is ready to grant accelerated access to its market for up to 30 more suppliers, if the country is ready “to be responsible for the activities of these enterprises,” Fyodorov said.
"Russia is interested in all our agricultural and food products, particularly meat, milk, fruit and vegetables. We can export as much cheese as we can produce," Snezana Bogosavljevic-Boskovic, the Serbian Agriculture and Environmental Protection Minister said, adding that such exports would not affect domestic market prices.
The Russian embargo on European agricultural goods created "a unique chance Serbia should use if it is able to meet Russia’s high standards and regulations," Bogosavljevic-Boskovic said.
Trade in agricultural goods between the Russia and Serbia may almost double from $270 million to half a billion US dollars a year in a short time, Fyodorov assumed.
Serbia would not allow the re-export of European food products banned by Russia through its territory, the Serbian minister said.
“Our side is assuming great responsibility. We promise to do everything possible to control the export procedures,” she said.
On top of that, Bogosavljevic-Boskovic said Serbia is willing to invest in joint agricultural investment projects together with Russian businesses.
Pakistan also said it was ready to replace Australian lamb imports, according to the country’s new Ambassador to Russia Zaheer Aslam Janjua.
Earlier in the month Latin American countries, including Ecuador, Brazil, Chile, and Argentina confirmed they would increase meat and dairy product supplies which may appear on Russian supermarket shelves as early as September.

Sanctioned Russia and Iran sign 5-yr deal to ease Western pressure

Moscow and Tehran have signed far-reaching deals, from energy to consumer goods, which are expected to undermine Western-led sanctions against the two countries.
... The agreement envisages wider economic cooperation, which includes closer ties in the oil and gas sector, construction and rebuilding of generating capacity, development of power supply network infrastructure, machinery, consumer goods, and agriculture.
It lays the foundation for a multi-billion dollar oil agreement between Moscow and Tehran, or the so-called oil-for-goods contract.
...Moscow may buy 500,000 barrels of Iranian oil per day...
...In the future, crude supplies from Iran can be accompanied by "petrochemical products, cement, carpets, processed vegetables and fruits," as ITAR–TASS quotes Levan Dzhagaryan, Russia's ambassador to Iran.
...With the proceeds Iran intends to buy Russian products and services. According to the Mehdi Sanai, Iran's Russia ambassador, Tehran is interested in buying Russian machinery, rails, heavy trucks, metals and grain.

Anonymous said...

US Wages War against EU to Make Europeans do Fighting and Shoulder Expenditure

... Anyone who can think realizes that the United States is waging war to subjugate Europe with the help of Ukrainian leadership and its agents in Brussels. They exert great effort to demonize Russia and provoke it into a direct intervention in Ukraine to justify the story invented by Washington about «Russian aggression» that is spread around in Europe fooling people.

Nobody argues with Clausewitz's famous line that "War is a mere continuation of politics by other means" and Vladimir Lenin’s words that that «Politics is a concentrated expression of economics». As a result of two world wars the US economy got a powerful impulse for development while Europe was in ruins becoming dependent on the United States. As time went by American strategists learned to wage bloodless financial and economic wars. An economic war is being waged today. The goal is to destroy Europe again to male it fully dependent on Washington.

The Europe’s intent to re-industrialize prompted the United States to launch a new phase of economic war. In the 1980-2000s Germany, France and Italy, as well as former members of socialist camp, gradually reduced industrial capacity in favor of service non-manufacturing business: services and insurance. By the early 2000s it became clear that Europe has no future if it continues to follow this policy, so European politicians started to talk about the need to revive the industrial potential that would become a tough competitor to US producers.

On Threshold of New World System

...Third, those who have joined the new economic association built together with Moscow and its would-be members will be grateful to Washington and Brussels for imposing sanctions on Russia. The countries allied with Moscow will get more profits at the expense of European farmers.
... Europeans have really hurt themselves. They have launched the process of restructuration to affect an entire segment of world economy and voluntarily ceded positions to Asian and South American competitors with vibrant economies.
China, Turkey and Israel have already said they are ready to substitute for European exports of vegetables and fruits. Brazil, Argentina and New Zealand are ready to increase exports of meat.

Communists say Russia should throw off ‘strangling noose’ of WTO

Communist Party MPs have prepared a bill detailing Russia’s exit from the World Trade Organization, claiming membership leads only to problems and promotes attempts at the ‘external management’ of the national economy...

Anonymous said...

Plundering the Planet Rigged Corporate Free Trade Partnerships and Climate Change Agreements

What do rigged corporate trade agreements like the Trans-Pacific Partnership and the Paris Treaty, an international climate agreement to be signed in 2015, have in common? They are both tools being pushed by the power elite to rip away our hopes for democracy and to commodify all things to monetize them for profit.

It is this drive by multinational corporations to patent and control even living beings such as plants and animals and to privatize even elements that are essential to life such as water which connects all human beings on the planet. We are in a global battle of the people versus the plutocrats and this battle has a ticking timer called the climate crisis.

The global financial elites meet regularly to plan their strategy and tactics. If they can’t push their agenda through the World Bank, International Monetary Fund and World Trade Organization, they move to secret massive trade agreements. The Obama Administration is negotiating three such agreements right now: the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TAFTA) and the Trade in Services Agreement (TISA), those agreements are stalled thanks to a movement of movements coming together to stop Congress from giving Obama fast track trade promotion authority...

The Death Grip of Neoliberalism. Keynes is Dead; Long Live Marx!

...This study argues, by contrast, that the transition from Keynesian to neoliberal economics has much deeper roots than pure ideology; that the transition started long before Reagan was elected President; that the Keynesian reliance on the ability of the government to re-regulate and revive the economy through policies of demand management rests on a hopeful perception that the state can control capitalism; and that, contrary to such wishful perceptions, public policies are more than simply administrative or technical matters of choice—more importantly, they are class policies.

Colonization by Bankruptcy: The High-stakes Chess Match for Argentina

...Argentina is already foreclosed from international capital markets, so it doesn’t have much to lose by thwarting the US court system. Similar bold moves by Ecuador and Iceland have left those countries in substantially better shape than Greece, which went along with the agendas of the international financiers.
...The deeper implications of that infernal debt cycle were explored by Argentine political analyst Adrian Salbuchi in an August 12th article titled “Sovereign Debt for Territory: A New Global Elite Swap Strategy.” Where territories were once captured by military might, he maintains that today they are being annexed by debt. The still-evolving plan is to drive destitute nations into an international bankruptcy court whose decisions would have the force of law throughout the world. The court could then do with whole countries what US bankruptcy courts do with businesses: sell off their assets, including their real estate. Sovereign territories could be acquired as the spoils of bankruptcy without a shot being fired.
Global financiers and interlocking megacorporations are increasingly supplanting governments on the international stage...

Sovereign debt for territory: A new global elite swap strategy by Adrian Salbuchi

In recent decades, dozens of sovereign nations have fallen into ever-deepening trouble by becoming indebted with the “private megabank over-world” for amounts far, far in excess of what they can ever pay back...

Anonymous said...

UK seeking to bar Russia from using SWIFT banking network – report

The British government will press other European nations at a meeting in Brussels on Saturday to block Russia from using the SWIFT banking network, Bloomberg reported, in what could be a dramatic expansion of sanctions.

The British government will press other European nations at a meeting in Brussels on Saturday to block Russia from using the SWIFT banking network, Bloomberg reported, in what could be a dramatic expansion of sanctions.

The Society for Worldwide Interbank Financial Telecommunication, or SWIFT, is currently one of Russia’s main connections to the international banking system.

Brussels-based SWIFT has to comply with EU decisions because it is incorporated under Belgium law.
... “Blocking Russia from the SWIFT system would be a very serious escalation in sanctions against Russia and would most certainly result in equally tough retaliatory actions by Russia,” said Chris Weafer, senior partner at Moscow-based consulting firm Macro Advisory, Bloomberg reported. “An exclusion from SWIFT would not block major trade deals but would cause problems in cross-border banking and that would disrupt trade flows.”

The SWIFT system transmitted more than 21 million financial messages a day last month between more than 10,500 financial institutions and corporations in 215 countries...

'Anything US touches turns into Libya or Iraq': Top Putin quotes at youth forum

Vladimir Putin has criticized Washington’s unilateral actions on the international arena, saying that whatever it touches seems to be turning into Libya or Iraq. Below are the top 10 quotes from the Russian President’s speech at the Seliger youth forum...

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