By Victor Duda
And if you hear that the sanctions do not work - beat, without thinking, in the direction of sound. So says either a fool or a Russian agent. Panic on markets and price jumps is exactly what Russians would like. Then they would be able to bargain for the abolition of sanctions. Instead, a calm, slow compression of the fingers on the neck of the Russian economy is just what we need with you.
Everyone was able to prepare for restrictions: the EU and G7 found other sources of supply, India and China have taken the opportunity and knocked out their discounts on Russian oil and fuel. And in Russia it is already idle of 12% of the capacity of oil refining, then - worse, because there is no oil or oil products to store. Part of the marketing was taken away with a significant discount of India, but the Indian government is also thinking about joining the sanctions.
Because it is quite clear to them that it is necessary to put on the winners. The Ministry of Finance of the Russian Federation publishes the data very stingle, but even it recognized that the Russian budget received 54 billion rubles less than expected. In February, it expects 108 billion less. "It is necessary to see that this discount does not create problems for the budget," - strictly the Russian dictator Vladimir Putin was strictly ordered at a government meeting last month.
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