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Sanctions against Russia have gone on so long that Moscow may never go back to previous trade partners

In the 20th century, and perhaps even after the advent of trade coalitions like the European Union, when international bodies implemented economic sanctions on a country, it was usually a death knell for their economy since anyone who broke the embargo was either investigated, fined, or hit with sanctions themselves. (Go back to France when they did the Oil for Food trade with Saddan Hussein when Iraq was u ...

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Europe stands quietly awaiting the outcome of the new sanction rhetoric from Washington and Moscow

In the end the only real loser from the economic sanctions imposed against Russia three years ago by the United States has been Europe.  And this has mostly been because of the fact that Russian President Vladimir Putin decided to implement his own counter sanctions in response to this that included EU nations since they voted to follow lock-step with Washington back in 2014. So with this in mind, and the f ...

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Iran looking to forge even stronger ties with Russia as they finalize a trade agreement with the EEU

With Russia already having strong ties to the Shiite sect of Islam through their military pact with Syria, it is only natural that Iran would also find them a willing ally within the divided Middle East.  And with the work they have already done together in building Iran's nuclear facilities, Tehran is now looking to increase that partnership by forging a trade agreement with the Eurasian Economic Union (EE ...

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Italy not only seeks to end sanctions with Russia but they are also pursuing economic ties with the EEU

With the Italian Referendum and resignation of Premier Matteo Renzi now a done deal as of last week, the real battle for Italy's future is about to begin.  And besides the potential for a complete ideological shift in who takes over the government in the coming months, one area that remains uncertain is what will Italy do regarding their economy, their use of the Euro currency, and their future standing in ...

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With French candidates set for next year’s election the ending of sanctions against Russia is almost assured

With France's Republican party resoundingly ousting establishment and neo-con candidates last weekend, the stage is now set for a new day in French politics.  And what is most interesting about the two front runners is how compatible many of their positions are despite their parties being on opposite ends of the spectrum. Marine Le Pen currently leads in the polls over newly minted Republican candidate Fran ...

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The real Asian pivot: Russia and China see potential in the ending of sanctions and U.S. joining the AIIB

As President Barack Obama gets ready to go out on his final foreign 'road show' this week, the world waits in anticipation to see if President-Elect Donald Trump could not only heal the wounds of disassociation that America has suffered over the past eight years under Obama's foreign policies, but if the new Commander in Chief is ready and willing to be an equal partner in forging a new financial and econom ...

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Russia wants to end sanctions against EU, but European Commission rejects olive branch

On Nov. 8, Russia's Economic Minister spoke to business leaders in Rome about their desire to end the game of sanctions inflicted by both sides over the U.S. induced Ukrainian conflict.  However, Aleksey Ulyukaev asserted that it was not Moscow who was holding up talks to end the economic warfare between Europe and Russia, but the European Commission in Brussels. Beginning in early 2014, the U.S. chose to i ...

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Italian businesses beg Russia to suspend their sanctions on the EU

The German business community is not the only one within the EU at odds with their government over economic sanctions imposed upon Russia in which they were falsely accused of invading Ukraine back in 2014.  In fact, several Scandinavian economies have also turned on their own leaderships after businesses there have lost billions of Euros from lost trade with the Eurasian power. And now we can add Italy to ...

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Israel the newest ‘ally’ of the U.S. to pivot towards Russia

On Oct. 27, Russian Prime Minister Dmitry Medvedev announced in a news conference that they were in talks with Israel about formulating a free trade initiative and even having them join with the European Economic Union. Medvedev's words come as more and more 'allies' of the United States pivot towards the East, with Israel as the latest one to join up with Turkey, the Philippines, and Saudi Arabia. The Eura ...

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European coalition starting to crack in imposing new economic sanctions against Russia

After nearly three years of economic sanctions placed on Russia for their opposition to the U.S. incursion into Ukraine, the clear loser in this new Cold War has been Europe.  And while Russia itself has not walked away unscathed from the trade and economic restrictions it had with long-standing Western partners, the sanctions did pave the way for Moscow to pivot towards China and to even steal away a U.S. ...

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Russia in talks with U.S. economic ally South Korea to establish free trade with the EEU

The world is rushing headlong into a myriad of new trade alliances, with much different protocols than that of the European Union.  For example, over in Asia China leads the Asean trade union along with the Shanghai Cooperation Organization (SCO), and in the Eurasian sphere Russia has put together a group of trade partners under the umbrella of the Eurasian Economic Union (EEU). And at the heart of these tr ...

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Europe’s sanctions against Russia leaving them running out of natural gas heading into winter

Sanctions have consequences... no matter if you are the one implementing them, or the one receiving them.  And since Europe relies heavily on Russia to supply them both oil and natural gas for their economic engines, attempts by EU nations to harm the Eurasian power through the limiting of energy imports and the slowing down the Nordstream Pipeline project have suddenly backfired as natural gas reserves are ...

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