Post
Topic
Board Economics
Re: Pay in rubles or have your gas shut off by April
by
Desmong
on 21/05/2022, 19:52:46 UTC
Cutting off trade with russia is like jumping in the deep dark well. I am not able to understand. How EU decided to put so many sanctions on Russia - being well aware that they are their oil and gas suppliers and there is no alternative to it. Now another trouble is coming. Let's see how EU comes out of it.

Here in India, we are suffering from the consequences of the war that is being waged thousands of kilometers away from our borders. The government today reduced taxes on diesel and gasoline to make them more affordable to the common people. But that also means that tax rates need to be increased in other domains. Some of the oil and gas supplies are now coming from Russia at discounted rates, but they make up only a small portion of the overall imports. People in my country are being made scapegoats. 
Yes, the war had really affect so many countries especially the European Union that is made up of countries that depends much on the oil and gas from Russia. People have started seeing the reason why the war needs to be stopped because many citizens can not afford the price of gases this time around. If the war continues, then it will have effect on most countries that depends on Russia for raw materials and gas supplies.