{"id":10411,"date":"2014-07-27T21:30:37","date_gmt":"2014-07-28T01:30:37","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=10411"},"modified":"2014-07-27T21:30:37","modified_gmt":"2014-07-28T01:30:37","slug":"calm-before-the-storm-as-europe-poised-to-join-economic-war-against-russia-telegraph-blogs","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/27\/calm-before-the-storm-as-europe-poised-to-join-economic-war-against-russia-telegraph-blogs\/","title":{"rendered":"Calm before the storm as Europe poised to join economic war against Russia \u2013 Telegraph Blogs"},"content":{"rendered":"<p>From Ambrose Evans-Pritchard:<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter\" width=\"460\" height=\"288\" title=\"Vladimir Putin\" alt=\"Vladimir Putin\" src=\"https:\/\/i0.wp.com\/blogs.telegraph.co.uk\/finance\/files\/2014\/07\/Putin-speech_2431558b-460x288.jpg?resize=460%2C288\" \/><\/p>\n<blockquote>\n<p>Russia is battening down the hatches. The central bank was forced to raise interest rates this morning to 8pc to defend the rouble and stem capital flight, $75bn so far this year and clearly picking up again.<\/p>\n<p>The strange calm on the Russian markets is starting to break as investors mull the awful possibility that Europe will impose sanctions after all, shutting Russian banks out of global finance.<\/p>\n<p>&#8230;Lars Christensen from Danske Bank said the inflexion point will come if the EU does in fact impose \u201cTier III\u201d measures aimed at crippling the Russian banking system, as now seems likely. \u201cThat is when the lights will turn off for the Russian market. We will see capital flight of a whole different nature,\u201d he said.<\/p>\n<\/blockquote>\n<p>The world is entering a dangerous phase. Having escalated the conflict in Eastern Ukraine into a proxy war, the Kremlin seems unwilling or unable to back down despite rising US and EU sanctions. This is not another Afghanistan. The stakes are far higher. The 100th anniversary of the outbreak of WWI reminds us that Eastern Europe is a tinder box for major global conflicts. While a &#8216;hot war&#8217; is unlikely &#8212; both sides have too much to lose &#8212; Eastern Ukraine could well ignite another cold war. Peace proves elusive.<\/p>\n<blockquote class=\"qtn\">\n<p>Peace is an armistice in a war that is continuously going on.\n<\/p>\n<p>~  Thucydides ( c. 460 \u2013 c. 395 BC), <a href=\"http:\/\/astore.amazon.com\/incrediblecha-20\/detail\/0140440399\" rel=\"nofollow\">History of the Peloponnesian War<\/a><\/p>\n<\/blockquote>\n<p>Read more at <a href='http:\/\/blogs.telegraph.co.uk\/finance\/ambroseevans-pritchard\/100027750\/calm-before-the-storm-as-europe-poised-to-join-economic-war-against-russia\/'>Calm before the storm as Europe poised to join economic war against Russia \u2013 Telegraph Blogs<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>From Ambrose Evans-Pritchard: Russia is battening down the hatches. The central bank was forced to raise interest rates this morning to 8pc to defend the rouble and stem capital flight, $75bn so far this year and clearly picking up again. The strange calm on the Russian markets is starting to break as investors mull the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/27\/calm-before-the-storm-as-europe-poised-to-join-economic-war-against-russia-telegraph-blogs\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Calm before the storm as Europe poised to join economic war against Russia \u2013 Telegraph Blogs&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[26],"tags":[1286,3006,3521],"class_list":["post-10411","post","type-post","status-publish","format-standard","hentry","category-russia-former-ussr","tag-eu-sanctions","tag-russia","tag-ukraine"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Calm before the storm as Europe poised to join economic war against Russia \u2013 Telegraph Blogs - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Calm before the storm as Europe poised to join economic war against Russia \u2013 Telegraph Blogs - the patient investor\" \/>\n<meta property=\"og:description\" content=\"From Ambrose Evans-Pritchard: Russia is battening down the hatches. The central bank was forced to raise interest rates this morning to 8pc to defend the rouble and stem capital flight, $75bn so far this year and clearly picking up again. 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He said his bank had received \u201ca huge number of calls\u201d into his bank\u2019s Swiss offices from Russian clients over the past two weeks and a number of wire transfers into\u2026","rel":"","context":"In &quot;Russia &amp; Former USSR&quot;","block_context":{"text":"Russia &amp; Former USSR","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/russia-former-ussr\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59438,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/11\/23\/russia-near-an-economic-precipice\/","url_meta":{"origin":10411,"position":1},"title":"Russia near an economic precipice","author":"Colin Twiggs","date":"November 23, 2024","format":false,"excerpt":"Sanctions on Russia may work slowly, but they have a significant impact. The state-owned Russian Railways faced \"imminent collapse\" amid a shortage of locomotives, driven by Western-imposed sanctions imposed over the war in Ukraine, a Russian Telegram channel has reported. The sanctions have contributed to a ball-bearing shortage in Russia,\u2026","rel":"","context":"In &quot;Russia &amp; Former USSR&quot;","block_context":{"text":"Russia &amp; Former USSR","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/russia-former-ussr\/"},"img":{"alt_text":"Russian Central Bank Rate","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-11-22-bor.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-11-22-bor.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-11-22-bor.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":31322,"url":"https:\/\/thepatientinvestor.com\/index.php\/2022\/03\/04\/putin-doubles-down\/","url_meta":{"origin":10411,"position":2},"title":"Oil &#038; gas: Putin doubles down","author":"Colin Twiggs","date":"March 4, 2022","format":false,"excerpt":"Vladimir Putin has doubled down on his strategy to crush military opposition in Ukraine. Russia's military suffered initial setbacks when they tried to seize the Kyiv in a matter of days -- using rapid advances on multiple fronts -- a strategy for which they were ill-equipped. They are now opting\u2026","rel":"","context":"In &quot;Russia &amp; Former USSR&quot;","block_context":{"text":"Russia &amp; Former USSR","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/russia-former-ussr\/"},"img":{"alt_text":"Vladimir Putin","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2022\/putin.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":9395,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/03\/08\/recession-time-for-russia-the-market-monetarist\/","url_meta":{"origin":10411,"position":3},"title":"Recession time for Russia | The Market Monetarist","author":"ColinTwiggs","date":"March 8, 2014","format":false,"excerpt":"Lars Christensen at The Market Monetarist writes: ..... sharply increased geo-political tensions in relationship to Putin\u2019s military intervention on the peninsula of Crimea has clearly shocked foreign investors who are now dumping Russian assets on large scale. Just Monday this week the Russian stock market fell in excess of 10%\u2026","rel":"","context":"In &quot;Banks &amp; Interest Rates&quot;","block_context":{"text":"Banks &amp; Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10774,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/08\/30\/eu-moves-to-ramp-up-russia-sanctions-al-jazeera\/","url_meta":{"origin":10411,"position":4},"title":"EU moves to ramp up Russia sanctions | Al Jazeera","author":"ColinTwiggs","date":"August 30, 2014","format":false,"excerpt":"From AlJazeera: French President Francois Hollande stressed that a failure by Russia to reverse a flow of weapons and troops into eastern Ukraine would force the bloc to impose new economic measures.\"Are we going to let the situation worsen, until it leads to war?\" Hollande said at a news conference.\u2026","rel":"","context":"In &quot;Russia &amp; Former USSR&quot;","block_context":{"text":"Russia &amp; Former USSR","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/russia-former-ussr\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11158,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/10\/21\/in-milan-germanys-leader-strikes-the-right-note-on-russian-sanctions-washington-post\/","url_meta":{"origin":10411,"position":5},"title":"In Milan, Germany\u2019s leader strikes the right note on Russian sanctions | Washington Post","author":"ColinTwiggs","date":"October 21, 2014","format":false,"excerpt":"Opinion from the Washington Post: To her credit, Ms. Merkel is staking out a firm position, perhaps because she has spent more time than any other Western leader talking to Mr. Putin about Ukraine. On Monday she said, \u201cThere\u2019s a long way to a cease-fire, unfortunately,\u201d and added that Russia\u2026","rel":"","context":"In &quot;Russia &amp; Former USSR&quot;","block_context":{"text":"Russia &amp; Former USSR","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/russia-former-ussr\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=10411"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/10411\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=10411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=10411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=10411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}