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Financial War: US Wants to Trigger Wave of Russian Bankruptcies

Financial War: US Wants to Trigger Wave of Russian Bankruptcies

[translated by Eric Zuesse, from German Economic News:]

http://deutsche-wirtschafts-nachrichten.de/2015/02/23/finanz-krieg-usa-wollen-pleite-welle-von-russischen-unternehmen-ausloesen/

Financial War: US wants to trigger wave of Russian bankruptcies

German Economic News  |  Published: 02/23/15 12:55 clock  

The US government insists on a tightening of sanctions against Russia, and demands that the EU follow suit. Washington now wants sanctions that will have a “devastating” effect, which Russia must “suffer.” Financial measures are planned to trigger a wave of bankruptcies in Russia.

British Foreign Secretary Philip Hammond over the weekend had a visit by US Secretary of State John Kerry, concerning the US plan. Washington expects the EU to cooperate to force the Russian economy to its knees.

The US will drastically tighten sanctions against Russia: US Secretary of State John Kerry said this weekend in London that Russia was “guilty of gravely violating the Minsk truce.” Kerry said Russia had the city Debalzewo attacked, and supported paramilitary warriors in the region, and contracted new troops near Mariupol. Kerry said: “This is a violation of the ceasefire. We are serious: there will be more actions that cause additional pain in the Russian economy.”

He went on: “There is a serious discussion between us and our European allies, as to what sanctions we will bring next and when they are due to come into force. I am confident that there will be additional measures in response to Russia’s violations of the ceasefire.”

British Foreign Secretary Philip Hammond fully backed the remarks by Kerry. A few months ago American Vice President Joe Biden explained how the US created the EU’s role in the strategy directed against Russia. The collaboration now appears to function somewhat smoother than it did at first.

…click on the above link to read the rest of the article…

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