G7 bans imports of Russia oil, including to U.S.
May 10, 2022 17:21:28 GMT -5
Post by OmegaMan on May 10, 2022 17:21:28 GMT -5
WESTERN ECONOMIC SUICIDE: G7 bans imports of Russia oil, including to U.S., as punishment for Putin’s invasion of Ukraine
Tuesday, May 10, 2022 by: Ethan Huff
Tags: chaos, Collapse, crash, economic suicide, energy, g7, GDP, oil, power grid, Putin, risk, Russia, sanctions, Ukraine
This article may contain statements that reflect the opinion of the author
(Natural News) A new package of sanctions aimed at punishing Russia for its invasion of Ukraine stands to decimate Western economies.
The G7 nations, including the United States, announced on Sunday that from now on, no more Russian oil will be allowed into the U.S., Canada, France, Germany, Italy, Japan, the United Kingdom, or the European Union, which has 27 member states.
“First, we commit to phase out our dependency on Russian energy, including by phasing out or banning the import of Russian oil,” the G7 statement explains.
“We will ensure that we do so in a timely and orderly fashion, and in ways that provide time for the world to secure alternative supplies.”
The statement goes on to read that G7 member nations and their “partners” will “ensure stable and sustainable global energy supplies and affordable prices for consumers, including by accelerating reduction of our overall reliance on fossil fuels and our transition to clean energy in accordance with our climate objectives.”
Note the use of the word “sustainable” and the phrase “in accordance with our climate objectives.” Depending on who you talk to, these concepts imply vast reductions in human population and global economic activity – a Great Reset, if you will.
Madman Zelensky pushes for WWIII
Many G7 nations have continued buying Russian oil despite the sanctions, which some say means that they are indirectly funding Russian President Vladimir Putin’s “special military operations” effort in Ukraine.
Continued at link
Tuesday, May 10, 2022 by: Ethan Huff
Tags: chaos, Collapse, crash, economic suicide, energy, g7, GDP, oil, power grid, Putin, risk, Russia, sanctions, Ukraine
This article may contain statements that reflect the opinion of the author
(Natural News) A new package of sanctions aimed at punishing Russia for its invasion of Ukraine stands to decimate Western economies.
The G7 nations, including the United States, announced on Sunday that from now on, no more Russian oil will be allowed into the U.S., Canada, France, Germany, Italy, Japan, the United Kingdom, or the European Union, which has 27 member states.
“First, we commit to phase out our dependency on Russian energy, including by phasing out or banning the import of Russian oil,” the G7 statement explains.
“We will ensure that we do so in a timely and orderly fashion, and in ways that provide time for the world to secure alternative supplies.”
The statement goes on to read that G7 member nations and their “partners” will “ensure stable and sustainable global energy supplies and affordable prices for consumers, including by accelerating reduction of our overall reliance on fossil fuels and our transition to clean energy in accordance with our climate objectives.”
Note the use of the word “sustainable” and the phrase “in accordance with our climate objectives.” Depending on who you talk to, these concepts imply vast reductions in human population and global economic activity – a Great Reset, if you will.
Madman Zelensky pushes for WWIII
Many G7 nations have continued buying Russian oil despite the sanctions, which some say means that they are indirectly funding Russian President Vladimir Putin’s “special military operations” effort in Ukraine.
Continued at link