Quotes from the news wire:
The contraction this year is smaller than what I predicted publicly, but to my mind what Putin has done is prop up this year’s growth, in an accounting sense, by sacrificing long term growth potential, the lasting consequence of this war will be that Russia has lost Europe and the G7 as energy consumers and that’s going to dry out the major source of export revenue that remains. And it’s going to leave Russia as a smaller, weaker, more isolated economy.
Found on CNN 1 year ago
I remember vividly waking up at 3 a.m., talking to my counterpart in the EU, Bjoern Seibert, and saying, ‘It’s go time,’ by 5 p.m., the package was made public and it was a moment when the major democracies of the world moved faster and stronger than we had in decades.
Found on CNN 1 year ago
The lasting consequence of this war will be that Russia has lost Europe and the G7 as energy consumers and that’s going to dry out the major source of export revenue that remains. And it’s going to leave Russia as a smaller, weaker, more isolated economy.
Found on CNN 1 year ago
Sanctions are not an end to themselves. They serve a higher purpose. And that purpose is to deter and prevent, they’re meant to prevent and deter a large-scale invasion of Ukraine that could involve the seizure of major cities, including Kyiv. They’re meant to prevent large-scale human suffering that could involve tens of thousands of casualties in a conflict.
Found on FOX News 2 years ago
No one should think that it’s our goal to max out on sanctions. Sanctions are not an end to themselves, they serve a higher purpose. And that purpose is to deter and prevent.They’re meant to prevent and deter a large-scale invasion of Ukraine that could involve the seizure of major cities, including Kyiv. They’re meant to prevent large-scale human suffering that could involve tens of thousands of casualties in a conflict.
Found on FOX News 2 years ago
Now we’re seeing, sort of, more of a tit-for-tat approach.
Found on FOX News 2 years ago
The bottom line here is time is of the essence, the speed and the scale of downside pressure on the economy I think we'd all acknowledge is unprecedented in our lifetimes, so we're doing whatever we can within our mandate to match that speed and scale.
Found on Reuters 4 years ago
The ominous reality was that a synchronized global sell-off had taken on a life of its own, with little prospect for self-correction.
Found on Reuters 4 years ago
We will proactively identify and address conflicts of interest – real or perceived - for anyone working on the facilities.
Found on Reuters 4 years ago
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