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Washington warns against ‘preserving’ ties with Moscow

Samizdat | April 13, 2022

US Treasury Secretary Janet Yellen will issue a stark warning to countries “sitting on the fence” when it comes to sanctions against Russia in a speech to be delivered on Wednesday, saying that such “short-sighted” policies would not go unnoticed.

In a speech at an Atlantic Council event amid Moscow’s ongoing military offensive in Ukraine, Yellen will say that the US government remains fully committed to pushing Russia “further towards economic, financial, and strategic isolation,” according to an excerpt quoted by the media.

“And let’s be clear, the unified coalition of sanctioning countries will not be indifferent to actions that undermine the sanctions we’ve put in place,” Yellen will say.

In her opinion, the measures being imposed on Russia by the US and its allies are necessary because the future of the international order, “both for peaceful security and economic prosperity,” is now at stake. However, she will emphasize that some countries are still “sitting on the fence, perhaps seeing an opportunity to gain by preserving their relationship with Russia and backfilling the void left by others.”

Such behavior, the US Treasury Secretary will stress, is “short-sighted.”

The warning comes two days after US President Joe Biden called on India, which has not introduced sanctions against Moscow, not to increase its energy imports from Russia. In a meeting with Indian Prime Minister Narendra Modi, Biden offered assistance in the search for other sources of energy supply, explaining that it is not in India’s interests to increase its dependence on Russia.

Another big international player – China – has also been the subject of US criticism for its ‘neutral’ position on the Ukrainian conflict. Last month, the US administration went even further by warning Beijing of “the implications and consequences” which would follow if China decided to provide any material support for Russia.

There are also increasing tensions in the EU. Hungary and Poland, which were staunch allies prior to the conflict in Ukraine, had moved away from each other even before current events due to their very different relationships with Russia.

The events of the past six weeks have apparently driven them even further apart, with Warsaw announcing that it would freeze bilateral relations until Hungary aligns itself with Kiev. The European Commission also warned Hungary against fulfilling Moscow’s request and paying for the Russian gas in rubles, saying it would violate the sanctions regime.

April 13, 2022 - Posted by | Economics, Russophobia |

3 Comments »

  1. “…or I’ll huff, and I’ll puff, and I’ll blow your house in!” said the big bad wolf. Do your worst, Ms. Yellen!

    Like

    Comment by traducteur | April 13, 2022 | Reply

    • “Do your worst Ms. Yellen”…….I think that’s what she is doing. If YOU were a Company CEO, and you ran up a MASSIVE, unpayable debt, you’d be OUT THE DOOR, real quick………But, she is a “CHOSEN ONE” and is apparently unaccountable………

      Like

      Comment by brianharryaustralia | April 13, 2022 | Reply

  2. “US Treasury Secretary Janet Yellen will issue a stark warning to countries “sitting on the fence” when it comes to sanctions against Russia in a speech to be delivered on Wednesday, saying that such “short-sighted” policies would not go unnoticed”.

    Janet Yellen used to be the Head of the Federal Reserve Bank, and she is now the Head of the US TREASURY. I don’t think that it is her job to be making political statements about USA “Foreign Policy”. She should be currently concerned about the USA’s ‘exploding’ National Debt, currently over US$30,000,000,000,000(30 TRILLION DOLLARS)

    As far as I’m aware, she has no idea, and no plan, on how to reduce this astonishing Debt level. But there she is, menacing other Foreign Governments about their own internal policies regarding Russia.

    Pull your head in, Janet, and Do YOUR own job, which currently appears to be beyond your capacity.

    Like

    Comment by brianharryaustralia | April 13, 2022 | Reply


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