Difference between revisions of "Impact"

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* In June 2022, #Russia's GDP was down 4.9% year-over-year, according to the Russian Economy Ministry. [https://twitter.com/jakluge/status/1552371915909652480 via @jakluge]
 
* In June 2022, #Russia's GDP was down 4.9% year-over-year, according to the Russian Economy Ministry. [https://twitter.com/jakluge/status/1552371915909652480 via @jakluge]
 
  [https://twitter.com/jakluge/status/1552371915909652480 <img src="https://pbs.twimg.com/media/FYshP1naMAENfUG?format=png&name=900x900" width="400">]
 
  [https://twitter.com/jakluge/status/1552371915909652480 <img src="https://pbs.twimg.com/media/FYshP1naMAENfUG?format=png&name=900x900" width="400">]
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* Russian revenues from energy export decreased by ~40% in July compared to March (EU: -50%). Still, '''EU is paying 200 to 300 mln EUR every day!''' ([https://crea.shinyapps.io/russia_counter/?tab=methodology according to CREA estimates]).
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[[File:Crea day avg.png|border|frameless|400x550px]]
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[[File:Crea time country.png|frameless|400x550px]]
 
* Russia gas export volumes down 3/4 compared to 2021, but profits are similar due to higher prices. OTOH profits are much lower than late 2021/early 2022, and decline sharply ([https://twitter.com/ben_moll/status/1540692094716588033/photo/1 via @ben_moll]):
 
* Russia gas export volumes down 3/4 compared to 2021, but profits are similar due to higher prices. OTOH profits are much lower than late 2021/early 2022, and decline sharply ([https://twitter.com/ben_moll/status/1540692094716588033/photo/1 via @ben_moll]):
 
  [https://twitter.com/ben_moll/status/1540692094716588033/photo/1 <img src="https://pbs.twimg.com/media/FWGcePuXEAEGbvo?format=png&name=large" width="500">]
 
  [https://twitter.com/ben_moll/status/1540692094716588033/photo/1 <img src="https://pbs.twimg.com/media/FWGcePuXEAEGbvo?format=png&name=large" width="500">]
 
* Oil import volume has been reduced by 10 billion EUR: {{Cite web| title = Europe’s Russian oil embargo: significant but not yet {{!}} Bruegel| accessdate = 2022-06-06| url = https://www.bruegel.org/blog-post/europes-russian-oil-embargo-significant-not-yet}}
 
* Oil import volume has been reduced by 10 billion EUR: {{Cite web| title = Europe’s Russian oil embargo: significant but not yet {{!}} Bruegel| accessdate = 2022-06-06| url = https://www.bruegel.org/blog-post/europes-russian-oil-embargo-significant-not-yet}}
* CREA: Payments to Russia for fossil fuels: https://crea.shinyapps.io/russia_counter/?tab=methodology
 
 
* Yale School of Management: [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4167193 "Business Retreats and Sanctions Are Crippling the Russian Economy"] (July 2022)
 
* Yale School of Management: [https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4167193 "Business Retreats and Sanctions Are Crippling the Russian Economy"] (July 2022)
* {{Cite news| issn = 0044-2070| last1 = Bauer| first1 = Jakob| last2 = Blickle| first2 = Paul| last3 = Ehmann| first3 = Annick| last4 = Endt| first4 = Christian| last5 = Erdmann| first5 = Elena| last6 = Grefe-Huge| first6 = Carla| last7 = Peter| first7 = Valentin| last8 = Tröger| first8 = Julius| title = Energiemonitor: Teuer, klimaschädlich und abhängig von Russland| work = Die Zeit| location = Hamburg| accessdate = 2022-06-05| date = 2022-06-03| url = https://www.zeit.de/wirtschaft/2022-04/energiekosten-deutschland-gas-strom-benzin-energiemonitor}}
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* {{Cite news| issn = 0044-2070| last1 = Bauer| first1 = Jakob| last2 = Blickle| first2 = Paul| last3 = Ehmann| first3 = Annick| last4 = Endt| first4 = Christian| last5 = Erdmann| first5 = Elena| last6 = Grefe-Huge| first6 = Carla| last7 = Peter| first7 = Valentin| last8 = Tröger| first8 = Julius| title = Energiemonitor: Teuer, klimaschädlich und abhängig von Russland| work = Die Zeit| location = Hamburg| accessdate = 2022-06-05| date = 2022-06-03| url = https://www.zeit.de/wirtschaft/2022-04/energiekosten-deutschland-gas-strom-benzin-energiemonitor}}
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= Energy embargo =
 
= Energy embargo =
 
*  {{Cite web| title = Experten: Langfristiger Gas-Lieferstopp aus Russland technisch nicht möglich | accessdate = 2022-07-19| url = https://www.mdr.de/nachrichten/deutschland/wirtschaft/erdgas-nordstream-wartung-102.html}}
 
*  {{Cite web| title = Experten: Langfristiger Gas-Lieferstopp aus Russland technisch nicht möglich | accessdate = 2022-07-19| url = https://www.mdr.de/nachrichten/deutschland/wirtschaft/erdgas-nordstream-wartung-102.html}}
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* {{Cite news| issn = 0174-4909| last = Wagner| first = Katharina| title = Sanktionen gegen Russland: Langer Atem gegen Putin| work = FAZ.NET| accessdate = 2022-05-25| url = https://www.faz.net/aktuell/wirtschaft/sanktionen-gegen-russland-im-ukraine-krieg-krise-durch-die-abkehr-vieler-firmen-18056134.html}}
 
* {{Cite news| issn = 0174-4909| last = Wagner| first = Katharina| title = Sanktionen gegen Russland: Langer Atem gegen Putin| work = FAZ.NET| accessdate = 2022-05-25| url = https://www.faz.net/aktuell/wirtschaft/sanktionen-gegen-russland-im-ukraine-krieg-krise-durch-die-abkehr-vieler-firmen-18056134.html}}
 
* {{Cite news| issn = 0945-2095| last = Bathon| first = Roland| title = Sanktionen gegen Russland: China baut Moskwitsch 2.0 in ehemaligem Renault-Werk| work = Der Freitag| accessdate = 2022-05-28| date = 2022-05-28| url = https://www.freitag.de/autoren/der-freitag/sanktionen-gegen-russland-china-baut-moskwitsch-2-0-in-ehemaligem-renault-werk}}
 
* {{Cite news| issn = 0945-2095| last = Bathon| first = Roland| title = Sanktionen gegen Russland: China baut Moskwitsch 2.0 in ehemaligem Renault-Werk| work = Der Freitag| accessdate = 2022-05-28| date = 2022-05-28| url = https://www.freitag.de/autoren/der-freitag/sanktionen-gegen-russland-china-baut-moskwitsch-2-0-in-ehemaligem-renault-werk}}
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* {{Citation | year=2022 | title=Russian airlines strip jets for spare parts as Ukraine war sanctions hit industry | url=https://www.abc.net.au/news/2022-08-09/russian-airlines-impacted-by-sanctions/101315094 | access-date=9 August 2022}}

Latest revision as of 19:48, 9 August 2022

In short: if money from energy exports are indeed not essential to continue the war, and if embargo would really hurt Europe/the West much worse than russia, then why hasn't putin cut off the supply yet?

Impact so far[edit | edit source]

  • In June 2022, #Russia's GDP was down 4.9% year-over-year, according to the Russian Economy Ministry. via @jakluge

  • Russian revenues from energy export decreased by ~40% in July compared to March (EU: -50%). Still, EU is paying 200 to 300 mln EUR every day! (according to CREA estimates).

Crea day avg.png Crea time country.png

  • Russia gas export volumes down 3/4 compared to 2021, but profits are similar due to higher prices. OTOH profits are much lower than late 2021/early 2022, and decline sharply (via @ben_moll):

  • Oil import volume has been reduced by 10 billion EUR: "Europe's Russian oil embargo: significant but not yet | Bruegel". Retrieved 2022-06-06.
  • Yale School of Management: "Business Retreats and Sanctions Are Crippling the Russian Economy" (July 2022)
  • Bauer, Jakob; Blickle, Paul; Ehmann, Annick; Endt, Christian; Erdmann, Elena; Grefe-Huge, Carla; Peter, Valentin; Tröger, Julius (2022-06-03). "Energiemonitor: Teuer, klimaschädlich und abhängig von Russland". Die Zeit. Hamburg. ISSN 0044-2070. Retrieved 2022-06-05.


Energy embargo[edit | edit source]

Embargo in general[edit | edit source]