Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: yuleeyahoo

fortunately, those exports to China and India are (a) only a fraction of what Russia lost in Europe, and (b) sold at a steep discount anyway

so Russia has, overall, lost a lot of revenue (about 30%?) with the European cutoff


52 posted on 02/14/2023 1:29:20 PM PST by canuck_conservative
[ Post Reply | Private Reply | To 51 | View Replies ]


To: canuck_conservative

Meanwhile European energy subsidies, which are shielding businesses and citizens from the increased costs of the Russian energy boycott is now at $800 billion Euros. Germany hit hardest at 270 billion.

https://www.euronews.com/green/2023/02/13/energy-crisis-europes-spend-to-shield-consumers-nears-800-billion-where-is-the-money-going

So increasing the cost of European energy and lowering the cost of China’s is a good thing?


55 posted on 02/14/2023 1:55:32 PM PST by yuleeyahoo (The nation which can prefer disgrace to danger is prepared for a master and deserves one. Hamilton)
[ Post Reply | Private Reply | To 52 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson