Um...exclusion from the G-8 is certainly damaging to Putin's dreams of Euro/Asian hegemony and cancelation of his hosting the Summit in Sochi is a kick in his pants and a kink in his world domination plans...I am happy to see sanctions and consequences for that egoTESTICLE DICKtator escalate as The U.S. and European Allies come Together in a UNITED front.
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Bullshit.
Russia has retained her naval base in Crimea and kept it out of the EU and NATO's hands.
That's gold. Pure freaking gold.
Crimea also has a huge deposit of oil that US Exxon Mobile and UK Dutch Shell were negotiating with Ukraine on but now Crimea is making a deal with Russia on the oil.
Whoopsies.
AND everyone is calling this deal with China as the "Holy Grail" of all energy deals. Well those that are sane in the business world.
If anyone thinks our moronic leaders are punishing Russia, then you are as foolish as them. The lines are being drawn hardcore.
Russian Oil Seen Heading East Not West in Crimea Spat
By Rakteem Katakey Mar 25, 2014 12:50 AM CT
The Crimean crisis is poised to reshape the politics of oil by accelerating RussiaÂ’s drive to send more barrels to China, leaving Europe with pricier imports and boosting U.S. dependence on fuel from the Middle East.
China already has agreed to buy more than $350 billion of Russian crude in coming years from the government of President Vladimir Putin.
The ties are likely to deepen as the U.S. and Europe levy sanctions against Russia as punishment for the invasion of Ukraine.
Such shifts will be hard to overcome. Europe, which gets about 30 percent of its natural gas from Russia, has few viable immediate alternatives. The U.S., even after the shale boom, must import 40 percent of its crude oil, 10.6 million barrels a day that leaves the country vulnerable to global markets.
Russian Oil Seen Heading East Not West in Crimea Spat - Bloomberg