A crushing blow to the United States: Putin’s daughters will lose their inheritance, and the ruble will collapse

In 2019, the United States finalized sanctions “from hell” and proposed new restrictions against Russia. Senators propose to punish not only the Russian government, but also Vladimir Putin personally. Information about his assets may be made public, and strict sanctions may be imposed against his entourage, including freezing of accounts and a ban on entry. OBOZREVATEL found out what sanctions are being prepared against Russia in the USA and what threatens the aggressor country.

Фото: Depositphotos

Strike “from hell” and election protection: what they want to introduce in the USA

US senators prepared two bills at once with new sanctions against Russia. Russians are going to punish for aggression on the Ukrainian territory and interference in the elections in the United States.

"Sanctions from Hell" This is a document on 119 pages, which puts forward a number of requirements for Russia, introduces sanctions and once again confirms the position of the American authorities regarding the actions of the Russian Federation in Ukraine. Crimea is Ukrainian and should be returned under the control of our authorities, and Russia should stop the aggression in the east of Ukraine, the document says.

What’s interesting is that as soon as the document was “showed” (this was back in the summer of last year), the ruble exchange rate collapsed and Russian shares fell in price. And this despite the fact that the document itself was never accepted. This year, the “sanctions from hell” were finalized and now they have every chance to come into force.

What the document implies:

• the prohibition to buy government bonds issued on behalf of the Russian Federation or its bodies;
• a ban on investing in the energy sector of the Russian Federation;
• freezing of assets of Russian banks;
• personal sanctions against Putin’s entourage;
• a ban on investment in Russian projects related to liquefied natural gas abroad;
• sanctions against Russian officers who participated in the seizure of Ukrainian sailors;
• restrictions against shipbuilding in the Russian Federation.

In addition, the intelligence agency must prepare a detailed report "on Vladimir Putin's personal net worth and assets, including assessing the sources of income of Vladimir Putin and members of his family, including assets, investments, bank accounts and business interests."

Фото: Depositphotos

Red line for Moscow. The second bill is to protect American democracy. They say that Russia has intervened in the elections in the United States and must answer for this so that others are discouraged.

“In addition to Moscow's apparent interference in our 2016 elections, Defense Department officials also report that the Kremlin attempted to hack our 2018 elections,” said a press release issued by Republican Marco Rubio and Democrat Chris Van Hollen. They drafted the bill.

The document assumes:

• a ban or restrictions on the use of US correspondent accounts by Russian system banks;
• a ban on all operations with the state debt of the Russian Federation;
• blocking assets and prohibiting entry into the United States for Putin’s entourage;
• a ban on investment in the power industry of Russia.

“Because the only thing Vladimir Putin understands is deterrence, the law makes clear to Russia and other hostile governments that the United States will respond immediately and overwhelmingly to future attempts to interfere with or undermine our elections,” Senator Rubio said.

What will the sanctions against Russia

Фото: Depositphotos

Putin's daughters may lose their inheritance. Opposition Russian politician Konstantin Borovoy suggests that as a result of the “exposure” of Vladimir Putin’s fortune, about $1,5-2 trillion, which is currently hidden in projects, will come to light. “There will be problems with financing agent networks and the closest relatives of all accomplices, daughters may be left without a dowry, and sons without warm places in Western companies,” Borovoy is sure.

Russia may lose the status of an oil exporter. So far, we are not talking about restricting energy exports, because it would put the situation in the European Union in jeopardy. However, the Americans are going to completely ban any investments in the energy sector of Russia. And without foreign technologies, the operating fields will run out.

Further, either the production volumes will be sharply reduced, or more complex fields need to be developed. There will have to apply not vertical, but horizontal drilling. In addition, water must be used to build up pressure, and explosions must be used to pool the layers. But Russia does not have the technologies that are needed for such drilling. She could purchase parts and equipment from Western countries. If not for the sanctions.

And if nothing changes, then by 2035 the Russian Federation may lose 40% of its oil production, Roman Panov, head of Rosgeology, said at the Geological Exploration 2018 forum. Deposits in Western Siberia are being depleted. And to make up for the losses, new technologies are needed.

Ruble faces another collapse. In 2018, “Black Tuesday” came for the Russian economy only because of the news about the introduction of sanctions. As soon as the US strikes, companies around the world will begin to get rid of Russian shares, panic will arise in the foreign exchange market and the ruble will fall.

“The ruble now seems to be sitting on a powder keg, which is capable of exploding at any moment,” states FxPro analyst Alexander Kuptsikevich. Large banks are already preparing for a possible devaluation - this is evidenced by their behavior in the money market, points out Raiffeisenbank analyst Denis Poryvay.

In total, 62 countries around the world introduced “restrictive measures” against Russia, including the EU, Ukraine and the USA. According to the report of the Ministry of Economic Development of the Russian Federation, we are talking not only about sanctions, but also about other mechanisms (for example, special duties). Officially, losses from such measures are estimated at $6,3 billion.

What is interesting: in the Russian Ministry of Economic Development they believe that, in their influence, the sanctions from Ukraine take the second position immediately after the EU. Relations between the two countries have been forming for decades, and the restrictions that have already been imposed have been a powerful blow to the situation in Russia. And despite the fact that trade with Ukraine, despite the sanctions, continues.

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