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Sanctions Falling Apart

Sanctions Falling Apart

Japan resumed its purchases of Russian oil in July, according to information released on Wednesday by the country's Finance Ministry.

In June, imports fell to zero as local refiners started to phase out Russian crude amid Ukraine-related sanctions, but that didn't work out very well for Japan, so they had to re-commence buying Russian oil in July.

While the ministry did not disclose the exact volume, it said July oil imports from Russia were 65.4% lower than the same time last year. The volume of liquefied natural gas (LNG) imports from Russia also decreased by 26.1% compared  to last year.

In May, Japanese Minister of Economy, Trade and Industry Koichi Hagiuda assured that Tokyo would gradually reduce its dependence on Russian energy resources, but said it could not give up Russian oil immediately.

Japan also supports the G7 plan to impose a price cap on Russian oil, which is currently under discussion.

West Asian oil rose by 10%, while total oil imports from all countries to Japan rose by 3.8%. The Middle East region accounts for over 90% of Japan's total oil importation.

Comments   

+2 # "Let's Put An Oil-Cap On The Assholes Who Dreamed Up This Scheme To Make Russia RICH"t.n.kuss@hotmail.com 2022-08-18 17:11
You know people that Run Governments have the Best Intelligence, Minds, and Quantum Computers so "They Aren't Stupid!" They knew "Precisely What Would Happen With Imposed Sanctions." And that is "Americans Would Get Screwed and Russia Would Get Rich." It really is that simple. So the question is "Why Was This Done?" The Resounding Answer is "Pay--offs, Kick-backs, and a Whole Lot Of Cash!" Just wait until "You Face The Coming Horrific Great Depression Created By Design of Our Own Government."
+3 # Funny...Gulfcaptain 2022-08-18 15:41
Funny how this change in outlook for Russian oil comes on the heals of the entire Japanese government resigning. What will Japan do when Saudi Arabia joins the BRICS nations? Will they need the US dollar? If not, why hold dollars for oil purchases?
They call Japan the "Land of the rising sun". I believe a 'new dawn' is approaching where the need for US dollars will be greatly reduced if at all for non US payment of goods overseas.

What will the US do? Why go to a "new" digital domestic currency of course. By that time, most Americans will be desperate and broke. In order to roll out this new system of total economic and taxation control scheme they will first put all the food subsidy programs on a phone application. So, if you want government handouts of any kind, you will have to use the new system with the new credits. If you are hungry and broke enough, they figure you will accept the system with all its strings that will be attached.

What strings? Well, look at what Australia is trying to roll out. Same WEF system where you will also have to be "up to date" with your death shots or whatever drug or injection they deem necessary for "public safety". This system is designed to run like the Chinese social credit score system only you will also be judged by your "carbon" usage.

This is coming folks. They need this new "carbon credit score" system in order to base the new system on some sort of "value" so it can be traded in a new market like environment. The US dollar is backed by nothing but future tax and payment promises. As the system goes down, the confidence that this will happen will be eroded. A "domestic" dollar (credit) will be necessary to keep a domestic economy going. A different dollar will be used internationally for foreign payments. What that will be backed up by is anyone's guess but more than likely, in order to compete with the Chinese and the Russians, it will probably be a commodity or gold backed system since that is what the BRICS have planned for their basket of currencies.

For you though, no gold. You get "carbon" credits. Carbon, one of the most abundant elements of life on earth. The building block of all life (as we understand it). it will be rationed, metered out, taxed and regulated.

That is our future if we let it.
+12 # The U.S. .......SBGlett77 2022-08-18 11:53
...is losing its grip; on other countries and on reality.
-5 # No,MildB 2022-08-18 12:37
only a hand full of people. The rest are ready for the great slaughter.
+2 # BTed 2022-08-18 15:19
Could you explain who it is that is “ready for the great slaughter”, and what is that slaughter referring to?
# “ready for the great slaughter”,MildB 2022-08-19 06:20
Isaiah 30:25 And there shall be upon every high mountain, and upon every high hill, rivers and streams of waters in the day of the great slaughter, when the towers fall.

Gill's Exposition of the Entire Bible

This is applied to the times of the Messiah by the Jews (g) themselves, and respects the latter part of those times:

"in the day of the great slaughter; not of Sennacherib's army by the angel, as many Jewish and Christian interpreters understand it; nor of the Babylonians, at the taking of Babylon by Cyrus; but of the antichristian kings, and their armies, Revelation 19:17. So the Targum paraphrases it,

"for the ruin of kings and their armies, in the day of the great slaughter;''

and a great slaughter it will be indeed:

when the towers fall; not the batteries and fortifications raised in the Assyrian camp, at the siege of Jerusalem, which fell when they were destroyed by the angel; or the great men and princes in that army, which then fell; though towers sometimes signify great persons, such as princes; see Isaiah 2:15 and so the Targum interprets it here; and may be true of the antichristian princes; for of the fall of the great city of Rome, and of other cities of the nations, with the towers thereof, is this to be understood, even of mystical, and not of literal Babylon; see (h) Revelation 11:13. "

(g) Bemidbar Rabba, fol. 212. 3.

(h) Revelation 11:13 And the same hour was there a great earthquake, and the tenth part of the city fell, and in the earthquake were slain of men seven thousand: and the remnant were affrighted, and gave glory to the God of heaven.
-3 # RE: The U.S. .......Paul Kurzlee 2022-08-18 12:25
Quoting SBGlett77:
...is losing its grip; on other countries and on reality.

Ya man. LOL LOL LOL LOL LOL LOL LOL LOL

 

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