IMO, Russia is preparing for a full-blown economic war against the United States and Europe.
They know Europe is vunerable, Obama and the Minions are incompetent, and that we can’t support Europe forever. The gas/oil deal with China to be signed next week gives Russia TONS of breathing room from sanctions.
News Headlines frommthe last 24 hours:
-Russia Will Cut All Gas Supplies to Ukraine On June 3rd, If No Payment Made
-Russia bans police, emergency and military employees from traveling abroad
Another headline that backs up my suspicion about Economic War.
-Russias third largest bank moves money from Europe to Moscow for safe keeping
Gazprombank transferred client funds from Belgium and Luxembourg back to home turf, to protect against any future sanctions.
The securities were moved from Euroclear Bank (Brussels) and Clearstream Banking (Luxembourg) to the Russian Central Depository at the end of April.
The move is intended to protect customers from any forthcoming sanctions and prevent a situation where clients funds are frozen, the statement on the website said.
The transfer was done to prevent possible restrictions on transactions of customers assets that are kept in international deposits and settlement systems, it stated. In preparation for sanctions, in March, the bank moved nearly $7 billion to Russias Central Bank for safe keeping.
Remember, the Chinese are also in preparations for a sanctions regime against them when they move against the Spartleys and Sennikku islands.
However, said sanctions will have a major destabilizing effect on the West (You can’t sanction over 2 billion people)