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IPFS News Link • Sanctions

The White House Fool's Sanctions Have Only Harmed the West

• https://www.paulcraigroberts.orgPaul Craig Roberts

"Western sanctions against Russia are the most ill-conceived and counterproductive policy in recent international history. World energy prices are rocketing, inflation is soaring, supply chains are chaotic and millions are being starved of gas, grain and fertilizer. To criticize western sanctions is close to anathema. Defence analysts are dumb on the subject. Strategy think tanks are silent. Britain's putative leaders, Liz Truss and Rishi Sunak, compete in belligerent rhetoric, promising ever tougher sanctions without a word of purpose. Yet, hint at skepticism on the subject and you will be excoriated as 'pro-Putin' and anti-Ukraine. Sanctions are the war cry of the west's crusade. The reality of sanctions on Russia is that they invite retaliation. Putin is free to freeze Europe this winter. He has slashed supply from major pipelines such as Nord Stream 1 by up to 80%. World oil prices have surged and eastern Europe's flow of wheat and other foodstuffs to Africa and Asia has been all but suspended.  [Putin has not slashed energy supply. Russia has had to curtail deliveries, because the sanctions are not permitting needed pipeline repairs to be completed.The Guardian is such a habitual liar that it lies even when it tries to tell the truth. ]

"Britain's domestic gas bills face tripling inside a year. The chief beneficiary is none other than Russia, whose energy exports to Asia have soared, driving its balance of payments into unprecedented surplus. The rouble is one of the world's strongest currencies this year, having strengthened since January by nearly 50%."


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