Europe drops after Russia sanctions, ECB; Wall Street slips

Comments (16)
WCTopp wrote:

We have no cultural, historical, or strategic interest in Ukraine and it’s on the other side of the world. There are no humanitarian issues beyond those that infuse all rebellions and wars. Why are we doing this?

Aug 07, 2014 7:22am EDT  --  Report as abuse
gentalman wrote:

This is all speculative! but giving jolt to all economies of the world for sake of small country like Ukraine. Looks strange.
Most of the wars are fought out of EGO of only one person.The here is Poroshenko, Ukraine’ president who instead of allowing rebels on table,used military to crush them…..this ultimately magnified into big one small rope pulling.

Aug 07, 2014 7:36am EDT  --  Report as abuse
speakfreely wrote:

As I posted before, it’s hardly going to be a hardship now that harvest season is ending and the punishment is on the Russian people who will not get the produce necessary for good health.

Also, the Russian threat of banning EU and US airlines flying in its airspace, the Delta Airlines CEO said on CNBC yesterday, that the increased cost of fuel is offset by the savings in airspace fees. I am betting the traveler will support and understand the longer flight time in favor of safety….now that we know how reckless the Russians and pro-Russian rebels are with their missiles.

Aug 07, 2014 8:18am EDT  --  Report as abuse
theJoe wrote:

gentalman

“for sake of small country like Ukraine” Today, tomorrow who would be next, that is why a small country like Ukraine matters.
“used military to crush them” Why, because they were taking towns over and doing a lot of killing themselves and no president would stand by and take that. Senior UN rights official Gianni Magazzeni said people living in rebel-held areas now faced “a reign of fear, if not terror”.

“who instead of allowing rebels on table” Read up he did give them an offer several times the rebels refused.

Aug 07, 2014 11:57am EDT  --  Report as abuse
leesik wrote:

I could not disagree more with the headline of this article. Europe is and will remain weak as long as it remains stupefied with the corrupt influence of russian petro-dollars.

Aug 07, 2014 12:52pm EDT  --  Report as abuse
cadrus wrote:

Joe,

To bomb your own city is unbalance response. Just imagine your president is bombing the city you live in because of terrorists killing your mother,sister ,brother and you shall understand it. Such presidents should be judged and persecuted.

Aug 07, 2014 1:55pm EDT  --  Report as abuse
opiumpoetry wrote:

This trade/sanctions war will hurt Russia and USA a little and Europe A LOT. The ultimate winners will be, of course, Asia and Latin America.

Aug 07, 2014 2:13pm EDT  --  Report as abuse
neoritter wrote:

@gentalman

What a skewed view. Ukraine has invited the rebels to the negotiation tables at least twice, once during a unilateral cease-fire, and the rebels ignored it. Keep reading whatever propaganda you’ve been sucking down.

Aug 07, 2014 3:49pm EDT  --  Report as abuse
asdfasdfsdfdf wrote:

That’s good to hear. You wanna screw with Russia, this is what you get. Any sanctions you put on Russia will be returned to a greater degree. In the end you will wish you stayed out of their business.

Aug 07, 2014 3:58pm EDT  --  Report as abuse
TruWorldPeace wrote:

Good news!!! It shows the Russians mean business! Now I hope Obama and his arrogant Western bunch will know the real meaning of sanctions. It is never a good idea to mess with a cornered bear!!!!!

Aug 07, 2014 4:28pm EDT  --  Report as abuse
Obviously wrote:

asdfasdfsdfdf wrote:

“That’s good to hear. You wanna screw with Russia, this is what you get. Any sanctions you put on Russia will be returned to a greater degree. In the end you will wish you stayed out of their business.”

Markets move up and down, always have and always will. As it happens I got some amazing profits on EURUSD these last two days and judging by the pullback on volume yesterday a lot of the big boys were locking in profit too. Thanks Russia!

Aug 07, 2014 4:54pm EDT  --  Report as abuse
MArktwain02 wrote:

I say give the Sudetenland back to Putin so that the local Esperanto speakers don’t have to be oppressed by the irreligious Western conspirators and their pornographic motion picture shows. Then we will have peace in our time and Cheerios back on the shelves being eaten by vermin where they belong. You can’t argue with the will of the purple.

Aug 07, 2014 5:02pm EDT  --  Report as abuse
MArktwain02 wrote:

Give the Sudetenland back to the indigenous Esperanto speakers so that we can have peace in our time and Cheerios on our shelves like any normal consumer.

Aug 07, 2014 5:06pm EDT  --  Report as abuse
timothy100 wrote:

An increased VAT tax and reduced food imports will primarily impact the Russian poor and middle income population with little real impact to his rich friends.

Wonder when he’s going to realize that weakening Western Europe’s economy is going to further weaken Russian oil prices and export levels further reducing his cash flow.

Other will only buy at a discount now. No one wants an unstable supplier except at a discount.

All this to control a poor province that needs access to world markets to help improve its standard of living.

Aug 07, 2014 5:19pm EDT  --  Report as abuse
Brniak wrote:

I am afraid that it’s not about Ukraine, but it is about Europe and the control of Europe. Europe was becoming more and more dependent on Russia for energy and less on the Middle East. The U.S.A. controls the energy from the Middle East and hence always controlled Europe. It is in the U.S.A interest that EU depends less on Russia and the Ukraine crisis is the tool to be used. Remember that all gas and oil lines from Russia to the E.U. go through the Ukraine.

Aug 07, 2014 5:57pm EDT  --  Report as abuse
Brniak wrote:

I am afraid that it’s not about Ukraine, but it is about Europe and the control of Europe. Europe was becoming more and more dependent on Russia for energy and less on the Middle East. The U.S.A. controls the energy from the Middle East and hence always controlled Europe. It is in the U.S.A interest that EU depends less on Russia and the Ukraine crisis is the tool to be used. Remember that all gas and oil lines from Russia to the E.U. go through the Ukraine.

Aug 07, 2014 6:14pm EDT  --  Report as abuse
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