Post
Topic
Board Economics
Re: Pay in rubles or have your gas shut off by April
by
Naficopa
on 22/05/2022, 15:01:54 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. 
@Sithara007 - I read your comments everyday. I have read and heard in news that INDIA purchase oil and gas from Russia. But when Pakistan tried to purchase oil and gas from Russia we saw serious consequences. And out elected government was toppled. We are in political and economic turmoil.