The Senate bill envisions 500% tariffs on countries that buy Russian fossil fuels. If applied as intended, it would target several EU countries. #EuropeNews
guessing some of them had (have?) some ties to russia or russian assets one way or another
or, it could be that some russian resources may be vital and hard to replace, so they had make some compromises. I know from a few years back, for instance, that cobalt-60 gamma sources were sourced nearly exclusively from russia. and those are needed worldwide for sterilization via gamma-irradiation of all sorts of things (including the single-use syringes widely used in hospitals). and that’s just one example. wonder how many more there are
otherwise, I can’t really understand why russia wasn’t briefly excluded from SWIFT
guessing some of them had (have?) some ties to russia or russian assets one way or another
or, it could be that some russian resources may be vital and hard to replace, so they had make some compromises. I know from a few years back, for instance, that cobalt-60 gamma sources were sourced nearly exclusively from russia. and those are needed worldwide for sterilization via gamma-irradiation of all sorts of things (including the single-use syringes widely used in hospitals). and that’s just one example. wonder how many more there are
otherwise, I can’t really understand why russia wasn’t briefly excluded from SWIFT
Profit. The answer is profit.