On Tuesday, June 21, 2022 at 5:13:46 PM UTC+8, ltlee1 wrote:
""Negotiations are extremely active," Yellen said Tuesday. "I think what we want to do is keep Russian oil flowing into the global market to hold down global prices, and try to avoid a spike that causes a worldwide recession."
"But absolutely, the objective is to limit the revenue going to Russia," she added.
There are different ways the US and EU could accomplish that, Yellen said. But she added the idea of the allies coming together as a buying block, with a cap on the price it's willing to pay, was a "desirable strategy.""
https://markets.businessinsider.com/news/commodities/russian-oil-us-eu-disuss-cutting-revenue-janet-yellen-2022-6
It is clear that US sanction on oil and gas supplied to EU from Russia has not worked. EU energy minister talked big that EU is ready to accept gas cut-off by Russia, as they have alternative to go into solar energy. But all these "talk shows" showed
that they have not even cancelled their gas supply from Russia at all. They are now asking their contractors to disguise for them as purchaser of gas with Russia instead.
That means, on one hand, they are saying to the world and US that they had terminated their gas supply with Russia, but under-their=skirt, they can say their private contractors, which even though had contravened their own laws of sanctions, have already
maintaining their supply for them with Russia. They are even permitting their contractors to open bank accounts with Russian banks in order to comply with Russia's required of them to facilitate their payment of gas in Russian rubles first.
Now Yellen is saying the allies are coming together to buy in bulk order so that the price is lower for them than selling to other countries. This showed how wicked US is when comes to buying oil and gas for the benefits of themselves and their own
European and Western allies. Henceforth, Russia should put a stop on selling of gas and oil to them until they stopped supply weapons to Ukraine and also stopped interfering the internal affairs of China in taking back Taiwan.
US and EU should be made to sign a declaration on this non-interfering and not to sell or supply of weapons to Taiwan. In the event of their breaking of them, they will have to agree that their ships supplying them will be disrupted and goods and ships
seized and confiscated and crews be jailed for 20 years. They will have to pay a high financial penalty for breach of declaration, such as they should pay 100 billion in cash compensation, and to pay 300% more in price for their gas and oil purchase. For
suffering, their yearly purchase will be reduced to 10% for 20 years. The excess Russian supply of gas and oil will then be sold cheaply to poor countries. Poor countries must not resold their cheap gas and oil to any country. If they were found and
caught, they will have to pay a heavy penalty and be banned from purchase with Russia for 10 years.
Hence, Russia should use these levers to protect their interest and their friend, China, too. It is good for the world order to prevent hooligan and gangster behaviors developed and formed by US and EU and their allies, too.
--- SoupGate-Win32 v1.05
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