Handelsblatt: Russia initiates a review of relations with the United States

March 20 2021 7

The words of US President Joseph Biden that Putin is a "killer" threaten to worsen relations between the West and the largest country in the world. Moscow expresses indignation, and Europe, according to the German newspaper Handelsblatt, plans to search for new approaches in relations with the Russian Federation.

On Thursday, the Russian government announced a review of relations with the United States.

- notes the German edition.

The degree of friction between Russia and the United States has increased again, in connection with which the rates of the Russian currency and shares have decreased. Fear of new sanctions restrictions, the closure of Russian financial institutions' access to the dollar zone and the international SWIFT payment system is in the air. If this happens, then, according to the head of VTB Bank Andy Kostin, it will look like an explosion "economic atomic bomb ".

In connection with the intensity of passions, the United States authorities may impose a ban on the acquisition of Russian securities by their funds and investors, which have recently shown good profitability.

What is happening between Moscow and Washington leaves its mark on Russia's ties with the EU countries. So, on Monday, the heads of the foreign affairs agencies of the European Union will discuss a new strategy for relations with the Russian Federation. Berlin continues to insist on maintaining dialogue and preventing US sanctions against Nord Stream 2, while the Baltic states, Poland and a number of other countries are ready to take more stringent measures.

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Dimy4

-2

20 March 2021 10: 28

"With the largest" somehow sounds crooked. With the largest one, it will be more digestible like this.
123

+11

20 March 2021 10: 54

Fear of new sanctions restrictions, the closure of Russian financial institutions' access to the dollar zone and the SWIFT international payment system is in the air. If this happens, then, according to the head of VTB Bank Andy Kostin, it will look like the explosion of an "economic atomic bomb."

As far as I remember, Kostin compared the disconnection of Russia from SWIFT with a declaration of war, although it was 6 years ago and all these years were preparing for a "war".
https://www.rbc.ru/finances/04/12/2014/547f9be3cbb20f10d3f1f691

Comparison with a nuclear bomb found in Daniel Dresner, who teaches at the School of Law and Diplomacy. Fletcher (Tufts University, USA, private), trains specialists for the diplomatic corps. So he thought a year ago.
https://www.kommersant.ru/doc/3860463

Whether Kostin later accepted Dresner's cloud of vision I do not know, I doubt it very much, in any case, I did not find a quote. It turns out that in 2014 he considered it almost a disaster, had been preparing for it for 6 years and now considers it to be a strike comparable to a nuclear one? I suppose this is not at all the case. And with what words Dresner tells the students about how mighty and great they are. Let them believe
In 2014, disconnecting from SWIFT would be a very strong blow, and this decision would be supported by Europeans and others. Apparently this was one of the reasons for the modest scale of Russia's expansion of territories in the western direction after the Maidan.
As for the sanctions themselves, the Americans are introducing them for a reason, not at all thinking about the consequences. They minimize their own economic losses and introduce them when they realize that they are losing control and soon their introduction will be simply meaningless. This was the case, for example, with composites for MS-21. Their sale was not immediately banned, they were trading for themselves, they received money for it only when they realized that soon the plane would compete with them and the composites could be made by themselves, they introduced restrictions. The time was not chosen by chance. It is naive to think that the United States was "offended", imposed sanctions, and only then did the Russians scratch their "turnips" and began to develop their own counterparts. It is not possible to develop fiber and resin corresponding to the world level in such a short time. Moreover, both. But Americans don't have all the technology. Carbon fiber is made by the Japanese, the filler of the USA (or vice versa, it doesn't matter). And that's what they always do.
If they decide and push through the disconnection of Russia from SWIFT, this will mean that the work on creating an alternative is close to completion. And this moment is not far off. Russia, China, EU, Iran have their own alternative. "Docking" the system is a technically solvable issue. At first, there will be economic losses, but there is no disaster. all the more, payments under the alternative system will not be in dollars at all. This is a very bad scenario for the United States.

In connection with the intensity of passions, the United States authorities may impose a ban on the acquisition of Russian securities by their funds and investors, which have recently shown good profitability.

Yes, let them impose There will be buyers for the securities "which have shown good profitability lately". And let the American funds buy Tesla shares and others, inflating the financial bubble even more. Let them cook in their own cauldron. The US financial system is becoming more and more isolated. We do not take their securities, they stop taking ours, a decrease in the share of the dollar in reserves, and so on. And the most interesting thing is that others, for example, China, are beginning to do the same. And this is not Gaddafi and Libya. Bombing Russia or China is not so comfortable, watching on air how they drag Putin or Xi by the hair is unlikely to succeed, as a result, for "a thousand little bears" they can tear up the grandfather falling from the ramps in the desert.
In general, everything is moving in the right direction.
Alexander Betonkin

0

20 March 2021 11: 12

One demenny blurted out - and away we go ...
Sergey Latyshev

+1

20 March 2021 11: 45

Biden just cares about the media))))
"Mmm, yes" - and so many people are provided with free work and sightings around the world ...
steelmaker

-1

20 March 2021 13: 09

by closing Russian financial institutions access to the dollar zone and the SWIFT international payment system.

So that's great! We will quickly nationalize "everything that has been acquired by back-breaking labor." And it is not yet known who will suffer the most after that.
Victor Orlov

+4

20 March 2021 19: 29

Fear of new sanctions restrictions, the closure of Russian financial institutions' access to the dollar zone and the international SWIFT payment system is in the air.

The whole country does not "sleep" and begins to "fear".
The reasoning of a person did not live in the absence of SWIFT.

The SWIFT payment system was founded in 1973, and the first transaction was sent in 1977.
On October 8, 2015, China launched its interbank payment system.
In 2019, an analogue of the Russian interbank system, the fast payment system of the Bank of Russia payment system (SBP.
aquarius580

-1

21 March 2021 07: 05

No, well, you can't be a little pregnant. Either you are in the Rothschild system, and therefore you will jump on one leg and sing psalms to Grandpa Jacob; or you log out, and then you need many, many vigorous bars, rackets and airplanes. And Monsieur Kostin sits on a twine, and dreams that in this position you can exist for a long time and stably. A very naive monsieur. And where are they grown?