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Wow even Turkey - that revels in being contrarians - just closed the Bosphorus and Dardanelles straits to Russia.

High for a while, until additional production ramps up. Fracking becomes quite lucrative at $120/barrel. With Russia, though, their "rainy day fund" is already mostly (I think the figure I have seen is 60%-70%) inaccessible to them. Take away oil and gas sales and their economy craters to zero.

I think the shock of the West that is talked about in the article is reflected in the amazing rapidity and scale of the sanctions being imposed and by whom (Switzerland!) they are being imposed, the shock/wake up call causing the ramping up of the Western militaries after decades upon decades of...

I see halts, not delists. https://markets.businessinsider.com/news/stocks/nasdaq-nyse-halt-trading-russia-stocks-yandex-ukraine-invasion-putin-2022-2

Those "dumb politicians" realize that all this creates friction. ENORMOUS friction. As an analogy, if you're cut off internet, you can still fax things. But it creates friction. Friction reduces efficiency. Reduced efficiency cuts into profits. The more friction, the less efficiency, the profits...

Russia is in a deep hole. As Russians say, "в глубокой жопе". Putin has no way to win. Enormous miscalculation, he is completely cornered now. The sanctions make Russia a pariah state. I am starting to see articles in state-controlled Russian press actually complaining about complete isolation...

This is combined with Switzerland (!!!) deciding to adopt EU sanctions against Russia. Switzerland. THAT I didn't expect.

The "negotiations" are a sham.

https://www.straitstimes.com/business/banking/bank-of-chinas-singapore-operation-stops-financing-russian-oil-trades-source Bank of China’s Singapore operation has stopped financing deals involving Russian oil and Russian companies, amid concerns of western sanctions following Russia’s invasion...

What does "even in a day or two" mean? Is "prior" one candle back?

Not that I am complaining :) Apparently the market is viewing the nuclear war threats as Putin's blustering. And sanctions seem to be biting Russia hard (and EU not yet). But yes it is a bit weird.

Ok - name a crypto fiat-upramp trading exchange that doesn't have KYC authentication.

AFAIU the final list has not been publicized yet. So far the ones that certainly are blocked are Sberbank, VTB (or Vneshtorgbank), and Gazprombank. And Russian central bank is of course sanctioned completely. More than just no SWIFT. A lot of the ballyhooed $600B in reserves that Russia has is...

"SWISS PRESIDENT CASSIS TELLS TELEVISION IT "VERY PROBABLE" THAT SWITZERLAND WILL FOLLOW EUROPEAN UNION ON MONDAY IN SANCTIONING RUSSIA AND FREEZING ASSETS" That is pretty big, if it happens. LOTS of oligarchs will be affected.

There are three or four blatant Russian shills on the forum. They are way too obvious about it to be effective.

BP divests its stake in Rosneft

Russian TV host, today, after finding that he has no access to his Italian villa and his ownership of it may be in jeopardy: "I was told that Europe is a citadel of rights, that everything is permitted, that’s what they said… I know from personal experience about the so-called ‘sacred property...

Wow, RedSun, you're not even hiding being a Putin propagandist shill anymore.

https://www.tomshardware.com/news/intel-amd-nvidia-tsmc-russia-stop-chip-sales-ukraine-sanction Russia has prepared for years to deal with potential sanctions, especially in the wake of the international sanctions in 2014 after its actions in Crimea, by both promoting its own indigenous...

You're contradicting the Putin shill narrative here that NATO is an "existential" threat. If there is an assurance of nuclear hell if NATO invades Russia, then there is no "existential" threat. That's the whole point of MAD.