War in Ukraine

Offshore units of Industrial & Commercial Bank of China have stopped issuing U.S. dollar-denominated letters of credit for purchases of physical Russian commodities ready for export, while the Bank of China has also limited funding, according to Bloomberg News, citing people familiar with the matter.

Yuan-denominated letters of credit are still available for some clients, pending approval from senior executives.

Chinese banks restrict lending to Russia, dealing blow to Moscow

Did you read this carefully or did you just read the clickbait headline? This is not a bad thing for Russia. They have been trying to move away from the USD anyways. They will just switch to the yuan.
 
Chinese banks Restrict Lending to Russia, dealing blow to Moscow

Beijing draws line on support for Moscow after invasion of Ukraine

Two Chinese state-owned banks will restrict financing for Russian commodity purchases, suggesting there are limits to Beijing's support for Moscow as the Kremlin confronts severe economic sanctions over its attack of Ukraine.

Offshore units of Industrial & Commercial Bank of China have stopped issuing U.S. dollar-denominated letters of credit for purchases of physical Russian commodities ready for export, while the Bank of China has also limited funding, according to Bloomberg News, citing people familiar with the matter.

Yuan-denominated letters of credit are still available for some clients, pending approval from senior executives.

Chinese banks restrict lending to Russia, dealing blow to Moscow

I appreciate your posts FP...dont let the haters bother you
 
Same, but it’s just hard to see. I’m afraid he’ll just resort to more brutal tactics, eventually win, and then wait for some European leader to push for a “reset” in two years.
Oh, he absolutely will win, but it's going to cost him dearly.
 
Same, but it’s just hard to see. I’m afraid he’ll just resort to more brutal tactics, eventually win, and then wait for some European leader to push for a “reset” in two years.

I buy the idea that this gets messy and unproductive for him. To control Ukraine for years going forward would require a brutal dictatorship , cause their hatred is not going to dissipate.
 
It took us 3 weeks to take Baghdad in 2003. Ukraine probably has better troops, better motivated troops and equipment than Saddam had.
Iraq still had a huge military, and the generals in charge did a great job. There was no need to go faster.
 
Did you read this carefully or did you just read the clickbait headline? This is not a bad thing for Russia. They have been trying to move away from the USD anyways. They will just switch to the yuan.
Yea it's so great for them that they did not do it on their own. Good lord
 
Still blows my mind that some people (other than Ras, who is obviously pulling for Russia) seriously argued we shouldn’t even help arm the Ukrainians.
 
To the Russian tank driver who ran over the civilian car....... You are a weak small human being. Your aren't even a man, I don't wish death on any individual but if anyone deserves it, that tank driver does.

I would love to teach that "guy" a lesson but I don't he would have the honor to stand one on one with a real man.
 
To the Russian tank driver who ran over the civilian car....... You are a weak small human being. Your aren't even a man, I don't wish death on any individual but if anyone deserves it, that tank driver does.

I would love to teach that "guy" a lesson but I don't he would have the honor to stand one on one with a real man.
I think it was a Ukrainian and an accident.
 
I'll be damn. An invasion happened once Trump was gone. Weird.

That's only half of it. Also in 2019 Biden spoke sternly while waving a Snow Cone threateningly:

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“Once again, Putin and the Russians are trying to engage in our elections and decide who the president’s going to be,” Biden said in a 2019 fundraising ad. “This time I’m the object of their attention. Because Putin knows if I am president of the United States, his days of tyranny and trying to intimidate the United States and those in Eastern Europe are over.”

“I’m going to stand up to him. He’s a bully, just like the president. And I know he doesn’t want me to be president, but to tell you what, when I’m president, things are going to change. Mr. Putin, the American people decide their elections, not you.”

-----------------------------
Anyone else's leg tingling?
 
No, it was a misleading headline... or the writer of the story didn't realize the magnitude of what was going on.

I have to say maybe you are correct. and why the FM of Russia said days ago he was not concerned with Western sanctions. What are we to do..sanction the CCP as well? A Great Reset
 
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Biden Drops New Sanctions With More Holes Than Swiss Cheese, Then Leaves for Weekend

White House Press Secretary Jen Psaki announced they are now agreeing to put sanctions on Vladimir Putin and Foreign Minister Sergei Lavrov personally. But, Psaki wouldn’t confirm that what they intend to do would have any effect on Putin.

KT McFarland, who served as Deputy National Security Advisor for President Donald Trump, said on Fox News she believed that wouldn’t have the desired effect at this point, that they needed to cut the Russians off from the SWIFT system to have an impact.

Biden Drops New Sanctions With More Holes Than Swiss Cheese, Then Leaves for Weekend
 
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