Posted on 03/24/2014 6:53:53 PM PDT by lbryce
A Special Report panel today discussed how G7 leaders met today in The Hague and announced that they would be excluding Russia from the G8 and boycotting a planned summit in Sochi.
Jason Riley, of the Wall Street Journal, said Russian President Vladimir Putin is rebuilding the Russian empire while President Barack Obama and our allies in Europe are sitting around discussing international law and kicking Putin out of clubs he doesnt care about in the first place.
Riley said Putin knows that the administration doesnt have the stomach for confrontation and will continue to take advantage of that.
(Excerpt) Read more at foxnewsinsider.com ...
Exactly. There the putschists and Euros were, discussing applicability of homosexual marriage and gun confiscation when executed on recovering the Crimea.
The EU is a second Dark Age.
Russian President Vladimir Putin is rebuilding the Russian empire while President Barack Obama is dismantling the US.
Russian export in 2012 was $524,564,991,000.
Top ten breakdown:
Mineral fuels including oil: $375,423,947,000 (71.6% of total exports)
Iron and steel: $22,601,664,000 (4.3%)
Fertilizers: $11,176,846,000 (2.1%)
Inorganic chemicals: $7,835,699,000 (1.5%)
Machinery: $7,609,061,000 (1.5%)
Aluminum: $7,281,329,000 (1.4%)
Wood: $6,731,569,000 (1.3%)
Cereals: $6,246,547,000 (1.2%)
Copper: $5,787,339,000 (1.1%)
Organic chemicals: $4,516,890,000 (0.9%)
http://www.worldstopexports.com/russias-top-10-exports/2350
This is a typical third world export mix heavily dependent on raw materials.
Compare this to South Korea with a total export of $548.8 billion in 2012 (i.e. larger than Russia)
Top ten breakdown:
Electronic equipment: $119,084,386,000 (21.7% of total exports)
Vehicles: $70,074,094,000 (12.8%)
Machinery: $58,979,883,000 (10.8%)
Mineral fuels including oil: $57,492,603,000 (10.5%)
Ships, boats and other floating structures: $37,828,429,000 (6.9%)
Optical, technical and medical apparatus: $37,611,611,000 (6.9%)
Plastics: $28,381,150,000 (5.2%)
Iron and steel: $25,375,017,000 (4.6%)
Organic chemicals: $23,284,736,000 (4.3%)
Iron or steel products: $12,467,431,000 (2.3%)
http://www.worldstopexports.com/south-koreas-top-10-exports/2302
The Russians do not know(?) that their export, without the raw materials, is only in the order of $50 billion !
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