By Rhod Mackenzie Siemens Energy has taken on debt to protect its sustainable business. The energy division of Siemens Energy AG, which is the biggest unit of the German engineering corporation Siemens, has agreed a deal worth €15 billion with a group of banks, the German government, and its shareholder Siemens AG, to compensate for […]
Originally appeared at RussiaFeed.com
On Friday, January 26, Washington DC added 21 Russian and / or Ukrainian national citizens and nine companies to the blacklist of sanctioned people by the US Treasury Department. The Russian Foreign Ministry opined that this action will only hurt US companies and amounts to just a “show of impotence.”
Source : LCP, 25/09/2017
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Source : Le Figaro Vox, Jean-Michel Quatrepoint, 29/09/2017
FIGAROVOX/ENTRETIEN – Pour Jean-Michel Quatrepoint, la vente d’une partie d’Alstom à Siemens était écrite. Un empire industriel a été détruit en quelques années, faute de volontarisme politique. Selon lui, les promesse d’ «alliance entre égaux» ne seront pas tenues.
The German business community continues to maintain good relations with their Russian counterparts in spite of a European mainstream political line that remains confused about its position on sanctions while remaining ideologically opposed to Russia, even though Russia has no ideological view on Europe. To Russia, Europe is just one of many world markets. The dynamic German business community also tends to take a pragmatic line on Russia, one that is often lost on their political leaders.
Originally published on RussiaFeed
Of the many knock-on benefits of western sanctions against Russia, Russia’s drive towards further industrial and agricultural independence has been chiefly important.
The same European Union that passed sanctions against Russia in 2014 and now has threatened the US with sanctions over the US drafted sanctions against Russia….has now slapped Russia with more sanctions. If it sounds confusing, it is because the EU is deeply confused about its position on Russian sanctions.
