Sunday, March 23, 2014

Putin Will Pay Sanctions with Crimea's Gas Rights

 

Putin has committed to continuously send 30 to 40 billion rubles ($1 billion) in subsidies for the Crimea, including the commitment to lifting 560,000 Crimean pensioner payments from the Ukrainian average of $150 a month to Russia's minimum of $180. Crimean workers also expect that the monthly wage rate will rise over time from $270 as Ukrainians to the average of $660 as Russians. 

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This week saw escalating rounds of ceremonial sanctions by the U.S. and European Union (EU) against Russia over its annexation of the Crimea, followed by escalating ceremonial sanctions by Russia against the U.S. and EU. But as President Obama looked petulant, Russian President Vladimir Putin had a huge Cheshire-Cat grin as he welcomed two million residents of the Crimea and their massive off-shore natural gas rights into Mother Russia. 

 More @ Breitbart

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