How Russia has already responded to Western sanctions

March 11 2022

On Thursday, March 10, Russia responded to the West with sanctions that should cause economic problems within the country. Journalist and blogger Yury Podolyaka spoke about Russia's measures in his next video.

Thus, the Kremlin announced the nationalization of the property of Western companies leaving Russia, while maintaining jobs and the production cycle. This decision is very important, since the West, in its confrontation with Russia, strikes at the country's economy, forcing entrepreneurs to leave the Russian Federation and curtail production.

However, this leads to different results. Russia encourages Western businessmen to stay in the country, otherwise they may lose all their property. Continuing work is much more profitable than leaving Russia, and some leading manufacturers (for example, Toyota) are aware of this.

Another measure by Moscow to counter Western sanctions concerns corporate debt. Russia will now repay these debts in rubles, which for the time being remain in Russian banks. The conversion of these funds into foreign currency will become possible only after the release of Russian assets by the respective Western countries.

Given that Russia's internal corporate debt (up to $1 trillion) is much higher than the Russian funds seized in the West ($220-250 billion), it is not known who will benefit from these sanctions.

- the expert noted.

At the same time, according to Podolyaki, after February 24, measures to influence Russia with the help of Western institutions (like the WTO and international courts) no longer work. The Russian Federation thus acquires its full economic sovereignty, and relations with Western countries will normalize over time and reach a new level.

The old economic model is destroyed, after February 24 the world will not return back

- concludes Yuri Podolyaka.

Meanwhile, Western products, despite the sanctions, will continue to enter Russian stores, as the West benefits from trade with Russia. Moscow will pay with proceeds from sales of export goods, which are now in high demand on world markets.

Photos used: Moscow-Live / flickr.com

20 comments

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Offline Bulanov

Bulanov (Vladimir) 11 March 2022 14: 47

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Meanwhile, a drone from Ukraine flew to the EU country, Croatia (as the Croats determined). Apparently he first descended on parachutes, and then exploded. It is interesting that he could have something like that inside, that could be scattered around the territory. It would not hurt the Croats to conduct a sanitary epidemiological study there. And then all of a sudden they get sick? All the same, jokes are bad with biolaboratories.
1. Offline Xuli (o) Tebenado
  
  Xuli (o) Tebenado 13 March 2022 17: 23
  
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  what could he have inside, what could be scattered around the territory.
  
  The explosion damaged 60 Croatian cars.
  The electrical wiring produced sparks that ignited the remaining vapors of the fuel or the remains of the fuel itself.
  1. Offline Xuli (o) Tebenado
    
    Xuli (o) Tebenado 13 March 2022 22: 17
    
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    An unmanned aerial vehicle (UAV) of the military type "Swift" Tu-141, which fell in Croatian Zagreb, was carrying a 120-kilogram bomb. This was reported by national television, citing a source in the country's Defense Ministry, RIA Novosti reports.
Offline Joker62

Joker62 (Ivan) 11 March 2022 15: 26

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Quote: Bulanov
Meanwhile, a drone from Ukraine flew to the EU country, Croatia (as the Croats determined). Apparently he first descended on parachutes, and then exploded. It is interesting that he could have something like that inside, that could be scattered around the territory. It would not hurt the Croats to conduct a sanitary epidemiological study there. And then all of a sudden they get sick? All the same, jokes are bad with biolaboratories.

If they find a bio-infection unusual among the population - there will be a big scandal. Then Urkaina and Mattresses cannot avoid responsibility!
1. Offline zloybond
  
  zloybond (steppenwolf) 11 March 2022 16: 11
  
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  It is precisely on the basis of this case, as well as based on the data obtained from the captured biological laboratories, that Russia is simply obliged to announce to everyone - a ban on the supply of agricultural products from countries that have such American biological laboratories on their territory. No compromises - if you want to trade tomatoes, meat, bananas with Russia - remove American laboratories from your territory (these are at least 25 countries in the world)
  1. Offline skeptic
    
    skeptic 12 March 2022 12: 22
    
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    There will be sense only when Putin delivers a specific ultimatum. In connection with the encirclement of Russia by biological laboratories, along the perimeter of the borders and the discovery of the true essence of their danger (Ukraine, Georgia, etc.), correlate the appearance of any life-threatening Russians, as well as plants, animals, in any part of the territory of Russia, as declaration of war by the United States and its satellites against our country. With a corresponding nuclear response.
    Only the risk of imminent, retaliatory death can stop the impudent Sak encroachments to such actions.
Offline 123

123 (123) 11 March 2022 16: 03

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It's only the beginning.

Tariffs for natural gas for residents of Berlin will increase by 1% from May 26. This was announced by Gasag, the main supplier of blue fuel in the German capital. The increase in gas prices will affect about 400 thousand people.

According to the company, the monthly gas bill for a medium-sized apartment in Berlin consuming 12 kWh per year will rise by 000 euros to 24,50 euros. This corresponds to an increase of approximately 118,72%, Gasag explained, Prime reports.

https://newdaynews.ru/europe/752920.html

The UK called on its mercenaries from among the military personnel who went to Ukraine to return to their homeland. According to the Ministry of Defense, a small number of soldiers disobeyed the order and went to the Eastern European country to join the foreign legion. However, these actions can be interpreted by Russia as a direct involvement of the UK in the conflict in Ukraine, according to the BBC.

A small number of British soldiers on active duty are heading to Ukraine, according to the British Army. But it is unclear whether any of them have already entered the country. “We actively and persistently urge them to return home,” the Defense Ministry said, without specifying how many people were involved. He recalled that British troops were forbidden to leave Ukraine “on their own”.

https://newdaynews.ru/europe/752863.html
1. Offline EMMM
  
  EMMM 11 March 2022 19: 42
  
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  I note that the day after the announcement of the increase in gas prices for the population in Germany, the exchange price fell from 3000 to 1300 Euro per tonne. I hope some citizens of "civilized" Germany noticed this
  1. Offline 123
    
    123 (123) 11 March 2022 20: 10
    
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    I note that the day after the announcement of the increase in gas prices for the population in Germany, the exchange price fell from 3000 to 1300 Euro per tonne. I hope some citizens of "civilized" Germany noticed this
    
    Who cares about their opinion? The burgher must pay in the name of a green future and tolerance
    1. Offline EMMM
      
      EMMM 17 March 2022 22: 38
      
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      I mean, the Western stock market is robbing its own citizens
Offline Observer2014

Observer2014 11 March 2022 16: 35

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Yes! On February 24, Russia resolutely entered a new economic era. And at the same time, remove anti-Russia from its borders. Strange as it sounds now. The main battle is not on the territory of Ukraine. But on the economic front.
Offline Oleg_5

Oleg_5 (Oleg) 11 March 2022 19: 28

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Resolution of the Government of the Russian Federation from 06.03.2022 N 299

"Regarding patent holdersassociated with foreign states that commit unfriendly actions against Russian legal entities and individuals (including if such patent holders have the citizenship of these states, the place of their registration, the place of their primary business activity or the place of their primary profit from their activities are these state), compensation amount is 0 percent the actual proceeds of a person who has exercised the right to use an invention, utility model or industrial design without the consent of the patent owner, from the production and sale of goods, the performance of work and the provision of services, for the production, performance and provision of which the corresponding invention, utility model or industrial design was used.
1. Offline Monster_Fat
  
  Monster_Fat (What's the difference) 12 March 2022 08: 01
  
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  Funny. They will give rubles, yeah. Already, they have already given away the currency (which they still don’t understand why the Central Bank’s reserves were chopped off by the West?) - the funds of the Russian Central Bank frozen by the West will just be used to pay foreign investors and creditors who have lost their assets in Russia. Moreover, they write that these frozen funds and assets are in fact much more than the amount officially announced by the Central Bank of the Russian Federation. Another part of the compensation for their losses will come from the sale of confiscated Russian property in the West (including the property of the oligarchs, as well as their deposits). If these funds are not enough, then the remaining corporate and public debt of Russia will be legally formalized and will hang until it is paid in full, plus fines for non-payment and pennies will constantly be added to it. And this debt will hang for at least 100 years, growing in interest, until the time comes and Russia will have to pay it off anyway, as it did with the tsarist debts. Well, about nationalization is so generally funny. All the countries that fell under serious sanctions were doing this and did it help them a lot? Take away Venezuela, where Hugo Chavez began to nationalize, and Maduro finished it and find on the Internet, a photo of what it looks like now, the right amount of bolivars (their currency) to buy a roll of toilet paper. It is possible to nationalize it, but what can be produced there with software turned off on CNC machines, without technological maps, components, raw materials coming from the West, as well as spare parts for the operation of Western technological lines and equipment? Well, and most importantly, working conditions and wages - for staff - they will already be "not Western", but "Russian", where the "middle class" starts at 17500 rubles per month ..
  1. Offline Alexey Davydov
    
    Alexey Davydov (Alexey) 12 March 2022 18: 07
    
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    You are funny:
    The funds of the Russian Central Bank frozen by the West will just be used to pay foreign investors and creditors
    
    Frozen - does not mean that they are in the pocket of the West. The West has frozen the assets in our pockets by blocking transactions with them in its banking system - and is glad. But the world is much wider.
    Yes, they will not give us anything in his banking system for them. So what?
    Tell me - how can the West put into circulation the gold reserves that we keep, or our securities?
    
    It is possible to nationalize it, but what can be produced there with software turned off on CNC machines, without technological maps, components, raw materials coming from the West, as well as spare parts for the operation of Western technological lines and equipment?
    
    Russia is famous for its craftsmen in this area. They will gladly do the job.
    Let me remind you of our Russian proverb:
    
    Goal for invention of cunning
    
    We have always successfully overcome technical difficulties
Offline magma

magma (Tatyana) 12 March 2022 13: 12

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Quote: Monster_Fat
And this debt will hang for at least 100 years, growing with interest, until the time comes and Russia will have to pay it off anyway

We will pay, you can be sure. Everything that is due to the West, we will definitely pay. Everything has its time ...
Offline Enoch

Enoch (Enoch) 12 March 2022 17: 28

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Since 1917, pay an indemnity to the European world.
Offline Alexey Davydov

Alexey Davydov (Alexey) 12 March 2022 17: 52

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Meanwhile, Western products, despite the sanctions, will continue to come to Russian stores, as the West benefits from trade with Russia. Moscow will pay with proceeds from sales of export goods

I hope no.
As in Soviet times, under the conditions of a currency blockade, now this currency is needed for the purchase of equipment for import-substituting industries, and above all for the domestic machine tool industry. A state program is needed to accelerate the rise of this industry to the level of complete independence from the West in the MANUFACTURING OF MACHINES in all production areas. It is necessary to concentrate the currency by the state, control and strict accounting.
This is a currency marathon, and we must win it against the West
1. Offline Alexey Davydov
  
  Alexey Davydov (Alexey) 12 March 2022 23: 57
  
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  A fleet of western machine tools across the country WILL BE UP SOON. Some - immediately after the break in connection with the manufacturer's Internet, others after the first breakdown. Plus - modern machines are needed for the full production cycle of new import-substituting enterprises in all key industries.
  Conclusion: it is necessary to revive our own production of machine tools. Otherwise, ALL PRODUCTION in the country WILL STOP.
  1. On what to make machines:
  The development of the Program for the purchase of imported equipment for the PRODUCTION OF MACHINE TOOLS should be entrusted to experienced industry institutes for the design of technological processes of machine-tool enterprises, taking into account the latest world achievements in this area. It must be developed on the basis of the NOMENCLATURE of the required PRODUCTS
  2. For which products do we need machines and which ones:
  The NOMENCLATURE of the required PRODUCTS (by industry) should be developed by design institutes for the design of manufacturing enterprises - by industry - also for the future.
  Considering the scale of the task and the urgency of its implementation, this program must be made a state priority.
  1. Offline Monster_Fat
    
    Monster_Fat (What's the difference) 13 March 2022 08: 32
    
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    Nobody will do anything. No one! Professionals who are inconvenient because they demand truth, action, work, are removed and purged for the sake of the notorious vertical of power, which requires sycophants, loyal and faithful, and most importantly, that they should not be smarter than their boss. This whole vertical is now sitting exactly on the priest, waiting for instructions from the superior, and he himself cleared out all the smart people around him and cannot make the necessary decisions. But more than that, an empire of information lies has been created, which invents successes that are not there and hides the difficulties that are. The lack of truthful information does not allow a sober assessment of the situation and reflection on what is happening. People in power in Russia are not able to act in the emergency conditions of the crisis. It's one thing to put forward slogans, but it's another thing to know what and how to do it, and the main thing is to choose the right resources in order to fulfill the necessary. For example, in the conditions of disconnection from the main payment currencies, the most important thing that the state should have done was to first agree with third-tier countries so that their banks could be used for commercial transactions and, most importantly, to make reserves from such currencies that would not fall under sanctions, but applicable to trade and grant access to all companies in Russia to these currencies. But this has not been done at all. What has been done? And the worst thing has been done - they took and blocked all the currency accounts of their own citizens and in their own banks, and now no one can use these accounts to pay off counterparties and use them to pay for goods even in Asia. What's it like? By the way, China, as it used to demand dollars to pay for its goods, still demands it now! Since the yuan is not a hard currency and is not traded on the exchange, what did the Central Bank do to fix this? Nothing! Nobody does anything because they just don't know what to do! And most likely they don’t want to do anything, they are waiting for everything to “dissolve” by itself and the people themselves will find a way out of all situations. For example, one cannot read with tears about the measures being taken in Russia. I already wrote about the payment in rubles, but what is being done for citizens and entrepreneurs? For example, yesterday it was reported that in St. Petersburg the authorities ... are starting to monitor the labor market and have created ... a hotline for entrepreneurs! ALL! To the question, well, do you monitor the labor market, then what? For example, where will you employ engineers and technicians who have lost their jobs? Janitors, builders, food vendors in the Delivery Club and Yandex Food, instead of the Uzbeks who left, who have nothing to do in Russia, because they can’t buy foreign currency in banks, and rubles are no longer needed in their countries? Molchek. What about the hotline for entrepreneurs? What do entrepreneurs of bankrupt companies find out there? How to go through bankruptcy? It's funny and scary. It's scary from understanding what awaits Russia and its people with such "leaders".
    1. Offline Eduard Aplombov
      
      Eduard Aplombov (Eduard Aplombov) 13 March 2022 11: 53
      
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      in vain I scribbled so much, your quarter will be liquidated along with banderlogs who did not have time to escape or dig into caches, and Russia is alive and will live, it's all about people, you have mankurts like you in Russia with its centuries-old traditions, the people are the winner