Posted on 08/08/2014 6:26:02 AM PDT by SoFloFreeper
German investors are feeling the pain of escalating tensions with Russia that may have already pushed Europe's largest economy into reverse...
....Europe, the U.S. and other Western nations have issued increasingly tough sanctions against Russia over its role in destabilizing parts of Ukraine.
Russian President Vladimir Putin responded this week by banning various food imports from the U.S., Europe, Australia, Canada and Norway.
Several companies have already warned of damage to come, and economic data have soured as businesses postpone big spending decisions. Germany is Russia's biggest trading partner in Europe and thus has most to lose. Now Russian leaders are considering further retaliatory measures....
(Excerpt) Read more at money.cnn.com ...
The media is there to try and rescue Obama, calling this a "market correction".
I know Norway isn’t in the EU, but it’s odd seeing a list that includes “Europe... and Norway”.
This isn’t like sanctioning South Africa or Iran. There was bound to be a push back from trying to isolate the largest country on the planet and the R in BRIC.
Large like Alaska and Canada large, or like China and America large?
Obama never should have Unfriended Putin.
Putin: “If I can’t have it all... nobody will!”
What do the B and the C stand for?
Wait...
What???
I thought we were told this would all hurt Putin far more than anyone else. How can this be??
It couldn’t be because Europe’s economy was already on the edge of recession, could it?
So you must mean largest as in unpopulated wastelands.
Since the sentence had a part that talked about largeness in one way, and then went on make a reference to largeness in another when considering their trading bloc, the question is, are you honestly confused about whether I was saying that Russia is the most populous country on earth, or just trolling?
Brazil could not be happier for a new export opportunity - 150,000 tons of Brazilian chicken, to replace 150,000 tons of U.S. poultry exported annually to Russia.
How much is 150,000 tons of poultry worth? $100M?
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