"In fact, today is a 'Black Friday' for the Russian economy and the Russian ruble. Usually, after this, we get a wave of financial instability due to the insolvency of Russia", - said the head of the government then.
Meanwhile he continues to urge Europe to impose new sanctions against Russia.
On December 8, during a joint press conference with Vice-Prime Minister, Minister of Foreign Affairs of the Kingdom of Belgium Didier Reynders, Yatseniuk said:
"I emphasize once again that Russia is obliged to fulfill the Minsk agreement. And if Russia will continue to pursue an aggressive policy against Ukraine and against the whole world, it must continue to pay the price. Including to pay the price for new sanctions, and to pay the price for our unity - of EU countries, Ukraine and the United States."
Comment: There wouldn't have even been a Minsk Protocol without Russia. They've certainly taken the agreement more seriously than their Ukrainian 'partners'. See: Reading between the lines: Lavrov's recent interview with France 24
That the Russian ruble is falling because of sanctions and oil prices, only the lazy experts and journalists failed to claim. This is, for example, what Reuters wrote in September of this year:
"The ruble began trading Thursday with minor losses in anticipation of development of a situation around the adoption of the new Western sanctions and against the background of global and local demand for the US dollar, as well as conditions of cheap oil".It was also stated by Prime Minister Dmitry Medvedev just a few days ago:
"Obviously, the rouble rate is affected by a number of factors. First of all, of course, oil prices," - said Medvedev in an interview to a Federal TV channel, adding that if oil prices fell by almost two times, the rouble was bound to weaken.
The second factor Medvedev called the sanctions imposed against Russia.
"Such sanctions still create certain expectations, as financiers like to say, and these expectations affect the moods of companies, and ordinary citizens, and therefore this way or another it affects the situation with the rouble,"- he explained.
Thus, everyone sees the connection between the price of oil, sanctions and a fall of the rouble. Except Arseniy Petrovych. Because on Tuesday, December 16, Prime Minister of Ukraine managed to make absolutely contradictory statements.
First, he tells reporters that the exchange rate in Russia creates problems for Ukraine.
"The fact that there is a financial disaster in Russia today, when the Euro reached 100 rubles, will also have an objective impact on the Ukrainian economy.... Russia is creating economic problems for us, as always," - said the Prime Minister.
And then he makes a truly brilliant statement at a conference in Brussels:
"Further sanctions? But they are already working. Look at the price of oil. If it will be $38 (per barrel) - it will be better. This is also for the benefit of the Ukrainian and European economy, if we pay less for gas and oil," - said Ukrainian Prime Minister.
Either Arseniy Petrovych is hopelessly stupid and doesn't understand how sanctions and the fall of oil prices (which he is so happy about) affect the rouble exchange rate, and therefore - the Ukrainian economy (according to his own words).
Or he understands everything and intentionally wants to destroy the economy of Ukraine, when urging the West to impose new sanctions against Russia.
Source: Olga Bondarenko for Rusvesna
Translated by Kristina Rus for ForRuss.blogspot.com
this oil price issue is a mirror reflection of the same one in ~'85, which didn't last very long, but we knew the price was manipulated up and those trades would unwind soon enough as the economies 'cool' and the demand side of the equation turns south, so price fall isn't a surprise, afterall, it isn't being actively supported by the central banking system in the West, such as the Fed or the cabal that runs it.
As for Yats, I would vote for both, but then that seems to be the common point of view in political circles here in the West... so he has lots of company as he helps with the global endgame.
[Link] "This is it, folks; this is the endgame right in front of our faces. The year of 2014 is the new 2007, with all the negative potential but 100 times more explosive going into 2015. Our nation has wallowed in slowly degrading financial conditions for years, hidden by fake economic statistics and manipulated stock prices. All of it has been a prelude to a much more frenetic and shocking event. I believe that we will see continued market chaos from now on, with a steep declining trend intermixed with brief but inadequate “dead cat” stock bounces. I expect a hailstorm of geopolitical crises over the next year to provide cover for the shift away from the dollar.
Ultimately, the death of the dollar will be hailed in the mainstream as a “good and necessary thing.” They will call it “karma.” They will call it “progress.” They will even call it “decentralization” and a success for the free market. But it will not feel like a positive development for the American public, who will suffer greatly as the dollar crumbles. Only those educated in the underpinnings of shadow banking will understand the whole thing is a charade designed to hide the complete centralization of sovereign economic governance into the hands of the globalists, using the IMF and BIS as “fiscal heroes,” saving the world from a state of economic destruction the elites themselves secretly created."