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US to boycott G8 Summit in Sochi unless Russia reverses course on Ukraine
FOX News and AP ^ | March 4, 2014

Posted on 03/04/2014 5:39:21 PM PST by Jim Robinson

The United States took another punitive measure against Russia Tuesday, announcing it would not participate in a G8 Summit scheduled for Sochi in June unless Moscow reversed course on Ukraine, Reuters reported.

The move followed an hour-long phone conversation between President Obama and West German Chancellor Angela Merkel that senior administration officials told Fox News focused on trying to construct a diplomatic off-ramp to get Russian President Vladimir Putin to de-escalate the situation in Ukraine.

The White House released a statement saying the two leaders “agreed on the importance of de-escalating the situation, including through the deployment international observers and human rights monitors, and of initiating direct talks between Russia and Ukraine.”

The U.S. will boycott the Sochi G8 summit unless Moscow reverses its position on Ukraine, Reuters quoted a senior administration official as saying.

Officials acknowledged to Fox News that Europeans are skeptical of sanctions against Russia that may harm European economies, but these allies are also concerned that without sanctions, the situation in Ukraine could escalate.

Pressed on any potential military action if Putin takes more territory, the officials said they still see no scenario involving military action of any kind

Earlier Tuesday, at a press conference, Putin insisted that none of his troops had moved into Crimea -- a statement that stunned U.S. Secretary of State John Kerry.

When informed by a reporter of Putin's claim, Kerry -- who arrived in Kiev on Tuesday -- smiled and said, "He really denied there were troops in Crimea?"

(Excerpt) Read more at foxnews.com ...


TOPICS: Breaking News; Foreign Affairs; News/Current Events; Russia
KEYWORDS: bhorussia; g8summit; idiocy; momjeans; obama; putin; russia; sochi; stupidity; ukraine
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To: Jim Robinson

The horror.


41 posted on 03/04/2014 7:59:58 PM PST by 1010RD (First, Do No Harm)
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To: 1rudeboy

...another punitive measure...

It sounds like “unexpected” doesn’t it?


42 posted on 03/04/2014 8:01:14 PM PST by 1010RD (First, Do No Harm)
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To: xzins

43 posted on 03/04/2014 8:02:35 PM PST by Bobalu (Happiness is a fast ISR)
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To: Jim Robinson

Nee Ner Nee Ner Neeee Ner.


44 posted on 03/04/2014 8:07:29 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Jim Robinson

I’m sure they’re quaking in their Cossack boots over THAT threat!

NOT!


45 posted on 03/04/2014 8:46:52 PM PST by LUV W (All my heroes wear camos! Thank you David, Michael, Chris Txradioguy, JJ, CMS, & ALL Vets, too!)
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To: Jim Robinson

.

- Hey Obama - Is that a basketball in your Mom Jeans or are you just trying to impress Putin?

.


46 posted on 03/04/2014 9:07:13 PM PST by devolve (- - Hey Obama - Is that a basketball in your Mom Jeans or are you just trying to impress Putin? -)
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To: SoFloFreeper; no-to-illegals; All

Actually, reports I have seen say that the entire G-7 is considering holding their meeting NOT in Sochi. In addition the Paraolympics which are due to start this Friday in Sochi have also said they may cancel their plans there. Man, all those $millions spent building up Sochi, and no one will want to stay there and spend money on hotels, restaurants, etc. The horror. How subject to business owner pressure is Putin? I hear the Russian economy is weaker than it was a few years ago. Anyone know more?


47 posted on 03/04/2014 9:07:47 PM PST by gleeaikin
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To: gleeaikin

I truly think the American people have heart and nerve.


48 posted on 03/04/2014 9:10:56 PM PST by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: Jim Robinson

courtesy ping Jim, though one is probably not needed but you have none-the-less.


49 posted on 03/04/2014 9:21:37 PM PST by no-to-illegals (Scrutinize our government and Secure the Blessing of Freedom and Justice)
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To: Rodamala

America under Reagan was an economic power with the resources to outspend the USSR so badly that they crumbled trying to keep up.

Obama presides over an entitlement nation on welfare or in part-time jobs. The only money they have access to is from a printing press.

We’re not going to bury anyone unless it’s under an avalanche of paper.


50 posted on 03/05/2014 2:19:42 AM PST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: Jim Robinson

This is so astoundingly stupid. The greatest danger Russia poses to us is not invading Crimea, nor their stable of nukes, but being an instigator to drop the US dollar as the world’s reserve currency.

With our debt situation, this would be as bad as a tactical nuclear strike, and I am only exaggerating a little.

Therefore, pulling out to let them talk about how the once mighty Uncle (Sam) is really impotent ain’t exactly the most convincing bluff.

I am facepalming on this one.


51 posted on 03/05/2014 3:22:22 AM PST by AK_47_7.62x39 (There are many moderate Muslims, but there is no such thing as a moderate Islam. -- Geert Wilders)
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To: AK_47_7.62x39

obarry is getting beaten badly and instead of manning up he’s taking the ball and going home, only Putin is keeping the ball. obarry is in such a snit that he’s leaving empty handed.


52 posted on 03/05/2014 3:26:56 AM PST by Sirius Lee (All that is required for evil to advance is for government to do "something")
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To: AK_47_7.62x39

“The greatest danger Russia poses to us is not invading Crimea, nor their stable of nukes, but being an instigator to drop the US dollar as the world’s reserve currency.”

Russia is the second biggest oil exporter and the biggest natural gas exporter in the world.
If Russia drops the dollar as world’s reserve currency, this can ignite a new, 2008 style, financial crash, both for America and the rest of the world, when we’re barely started to recover from the last one.


53 posted on 03/05/2014 3:41:43 AM PST by Marguerite (When I'm good, I'm very good, but when I'm bad, I'm even better)
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To: dowcaet

Today’s “leaders” aren’t even single A....I’d say whiffle ball.


54 posted on 03/05/2014 3:58:47 AM PST by SoFloFreeper
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To: Marguerite

http://en.ria.ru/business/20140304/188081405/Putin-Adviser-Urges-Dumping-US-Bonds-In-Reaction-to-Sanctions.html


55 posted on 03/05/2014 4:27:09 AM PST by AK_47_7.62x39 (There are many moderate Muslims, but there is no such thing as a moderate Islam. -- Geert Wilders)
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- Cokehead Barack Hussein Obama Junior : “Tell Vladimir after my election I have more flexibility.” (I need more “space”)

- Russian President Dmitry Medvedev : “I understand. I will transmit this to Vladimir.”


56 posted on 03/05/2014 6:17:30 AM PST by devolve (- "Tell Vladimir after my election I have more 'flexibility'..." ..I need more "space"… - BHO Jr.)
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To: AK_47_7.62x39

“the Federal Reserve is able to flood our financial system with dollars without it causing a tremendous amount of inflation because the rest of the world ends up soaking up a lot of those dollars. But now that is changing. China and Russia have been spearheading a movement to shift away from using the U.S. dollar in international trade. At the moment, the shift is happening gradually, but at some point a tipping point will come (for example if Saudi Arabia were to declare that it will no longer take U.S. dollars for oil) and the entire global financial system is going to change.”

http://www.wealthwire.com/news/global/3825


57 posted on 03/05/2014 6:19:41 AM PST by Marguerite (When I'm good, I'm very good, but when I'm bad, I'm even better)
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To: Jim Robinson
Bad Vlad gonna cry himself to sleep now, you betcha.

The real bitchslap comes when the rest of the G-8 goes to meet with Putin anyway, leaving Barry at home.

58 posted on 03/05/2014 6:37:50 AM PST by Eric Pode of Croydon
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To: Marguerite

absolutely. This is what many Americans simply do not realize. There are gigatons of US Dollars sitting out there in foreign nations vaults because we have the world’s reserve currency.

If that changes, why would they keep them? And if they don’t keep them, guess where they are going to run? HOME, that is where! They are going to come flooding in from all over the world and it is going to make the Weimar inflation look like a walk in the park.

When we go screwing around with these nations who hold huge dollar reserves (and Treasury bonds which are dollar substitutes in essence), it is like sticking a loaded gun


59 posted on 03/05/2014 8:02:44 AM PST by AK_47_7.62x39 (There are many moderate Muslims, but there is no such thing as a moderate Islam. -- Geert Wilders)
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To: Bobalu

Except Barney Fife doesn’t spend our money like a drunken sailor.


60 posted on 03/05/2014 11:43:43 AM PST by LurkedLongEnough
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