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Cameron: we will permanently damage Russia's economy
telegraph.co.uk ^ | September 1, 2014 | Matthew Holehouse

Posted on 09/01/2014 1:12:33 PM PDT by Tailgunner Joe

David Cameron has vowed to “turn the ratchet” on Vladimir Putin, as he warned Western sanctions would “permanently” damage the Russian economy.

Moscow banks are running short of funding as investors pull capital out the country, while the rouble and the Russian stock market are falling, the Prime Minister said.

He was speaking ahead of a Nato summit in Wales which will discuss Ukrainian membership of the military alliance.

Addressing the Commons, the Prime Minister said Britain would face the “grave danger” posed by Russian aggression in eastern Ukraine with “reliance and resolve”.

On Saturday, European leaders gave Russia a week to reverse course in Ukraine or face a new round of sanctions. Since then, however, the situation has only deteriorated, with President Putin raising the prospect of “statehood” for areas consumed by fighting. Britain has accused Russia of sending tanks and troops into Ukraine to destabilise it.

The rouble today reached a record low, having lost 12 per cent of its value against the dollar in a year.

(Excerpt) Read more at telegraph.co.uk ...


TOPICS: Business/Economy; Foreign Affairs; Germany; News/Current Events; Russia; United Kingdom
KEYWORDS: cameron; davidcameron; eussr; merkel; molotovribbentrop; nato; newmolotovribbentrop; putin; sanctionsonrussia; toothlesssanctions; ukraine; ukrainecrisis
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Comment #61 Removed by Moderator

To: Tailgunner Joe

You have more confidence in Obama, the US Congress and an economically strapped EU than I do. Of course you could be right but I don’ t think so.


62 posted on 09/01/2014 7:42:56 PM PDT by jwalsh07
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To: jwalsh07

Soldiers don’t decide when and where they fight and neither do their parents. You sound like Cindy Sheehan, or Code Pinko.


63 posted on 09/01/2014 7:44:13 PM PDT by Tailgunner Joe
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To: jwalsh07

The EU and the USA are nowhere near as economically strapped as Russia is.


64 posted on 09/01/2014 7:45:23 PM PDT by Tailgunner Joe
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To: Tailgunner Joe

Lol. You a tailgunner Joe?


65 posted on 09/01/2014 7:48:29 PM PDT by jwalsh07
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To: jwalsh07

No, Tailgunner Joe is a reference to the hero Senator Joe McCarthy.


66 posted on 09/01/2014 7:51:38 PM PDT by Tailgunner Joe
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To: Tailgunner Joe

And you sound like a freaking moron who thinks war with Russia has support outside of your moronic mind.


67 posted on 09/01/2014 7:52:46 PM PDT by jwalsh07
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To: jwalsh07

You sound like a pussy and a coward to me.


68 posted on 09/01/2014 7:53:43 PM PDT by Tailgunner Joe
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To: Tailgunner Joe

<Yeah I know who Tailgunner Joe refers to. That wasn’t quite the point.


69 posted on 09/01/2014 7:56:36 PM PDT by jwalsh07
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Comment #70 Removed by Moderator

To: jwalsh07

I never said anything about war with Russia, you did. You are like the Democrats who said that Reagan would start nuclear war with the Soviets. They were wrong, and you are wrong. Reagan stood up to the Soviets and their EVIL EMPIRE is no more. The USA is not going to back down from our stupid evil Russian enemies. We are going to stand up to them and we are going to do to them what Reagan did to the Soviets. You don’t like it, tough! Just stay out of our way!


71 posted on 09/01/2014 8:08:43 PM PDT by Tailgunner Joe
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Comment #72 Removed by Moderator

Comment #73 Removed by Moderator

To: Tailgunner Joe

Lol. When is your flight to Kiev? I will see you off.


74 posted on 09/01/2014 8:45:30 PM PDT by jwalsh07
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To: jwalsh07

You can whimper and whine like a little bitch about how bad America sucks, meanwhile real Americans will be taking our country back and defeating our enemies.


75 posted on 09/01/2014 8:51:58 PM PDT by Tailgunner Joe
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To: Tailgunner Joe

Give my regards to Nurse Ratchet and the Chief.


76 posted on 09/01/2014 9:06:32 PM PDT by jwalsh07
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To: jwalsh07

People like you said Reagan was crazy too.


77 posted on 09/01/2014 9:13:52 PM PDT by Tailgunner Joe
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To: Tailgunner Joe

No moron. People like me supported Reagan over Ford and voted for him three times in primaries. People like me also understand that Obama is no Reagan. People like you are clueless with no courage to back your convictions. Regular Army versus draft dodger would be an apt comparison.


78 posted on 09/01/2014 9:20:35 PM PDT by jwalsh07
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To: jwalsh07
You are the one who agrees with Obama that we should not confront the Russians and help Ukraine fight them. You should be ashamed of yourself for supporting Obama’s cowardly appeasement of our enemies.
79 posted on 09/01/2014 9:52:55 PM PDT by Tailgunner Joe
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To: rsobin

Oil is a fungible product freely available on the open market. We can’t magically lower the price.


80 posted on 09/02/2014 4:32:06 AM PDT by bigdaddy45
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