[HN Gopher] Authorizing transactions involving certain blocked e...
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Authorizing transactions involving certain blocked entities owned
by Usmanov
Author : java-man
Score : 29 points
Date : 2022-03-04 20:44 UTC (2 hours ago)
(HTM) web link (home.treasury.gov)
(TXT) w3m dump (home.treasury.gov)
| dang wrote:
| It's against the site guidelines to editorialize titles like
| this. (Edit: submitted title was "Why is the U.S. lifting
| sanctions on one specific oligarch?")
|
| If you want to say what you think is important about an article,
| that's fine, but do it by adding a comment to the thread. Then
| your view will be on a level playing field with everyone else's:
| https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so...
|
| Another option is to find (or write) an article on the specific
| point you think is important, and post that instead. Then you can
| link to the more general article (the one you submitted here)
| from the comments, for extra background.
|
| https://news.ycombinator.com/newsguidelines.html
| babelfish wrote:
| (Not OP) I'd be interested in discourse on this memo - rather
| than flagging it, would it be possible to change the title to
| "Authorizing Transactions Involving Certain Blocked Entities
| Owned by Alisher Burhanovich Usmanov" and keeping it up for
| discussion?
| dang wrote:
| The submitter did that, module HN's 80 char limit, so yes,
| I've unflagged the post now.
| java-man wrote:
| thank you.
| Overtonwindow wrote:
| So maybe the title should be "treasury lift sanctions on
| Russian oligarch" ? It's a pretty difficult document to try to
| summarize in the limited characters of hacker news.
| java-man wrote:
| sorry. can I fix the title and resubmit?
|
| edit: title updated.
| dang wrote:
| Ok, that's close enough, given that it's a subtitle of the
| OP. I've unflagged the post.
| java-man wrote:
| thank you.
| vmception wrote:
| That's amazing, I wish to have that much power and leverage
| within nation states.
|
| No explanation exemptions just rubber/digitally stamped.
|
| What kind of shareholdings do you think gave this leverage?
| Assuming it was the ownership or value of something critical and
| not some other externality.
| notananthem wrote:
| Usmanov is a crook who has evaded sanctions for quite a while.
| Curious why this administration is letting him off the hook.
| vkou wrote:
| Probably the same reason that not all Russian banks have been
| cut off from SWIFT.
|
| Because this lets the West pick and choose to only enforce
| sanctions that hurt Russia, without enforcing sanctions that
| would hurt itself.
| rcMgD2BwE72F wrote:
| Russia's government gets half of its revenues from oil and
| gas exports, and the West can't afford not to buy it. The
| West can't speed the transition to renewables, because it's
| too costly (but all expenses for war and defense will be paid
| at all cost, that goes without saying).
| thanatos519 wrote:
| The "leadership" of the West can't afford not to buy it for
| political reasons, but the people can deal with the
| consequences. I hope that all of those pipelines are
| destroyed. That will force us to take the transition to
| renewables seriously. Lots of people will die ... but cold
| turkey means fewer people will die in the long run.
| thanatos519 wrote:
| "without enforcing sanctions that would hurt itself" => as
| spineless as Putin.
| Overtonwindow wrote:
| It also allows the west to speak out of both sides of its
| mouth. If leaders were serious the sanctions would affect ALL
| Russian banks, businesses, and assets.
| stevespang wrote:
| java-man wrote:
| Especially now. Did he made a deal? Or is he being set up?
| java-man wrote:
| Original title: Why is the U.S. lifting sanctions on one specific
| Russian oligarch? [pdf] (treasury.gov)
|
| Changing the title to that of the original document.
| dragonwriter wrote:
| (In response to original headline questioning why the US was
| removing a single oligarch from sanctions.)
|
| It isn't. The license applies to majority Usmanov-owned entities
| that aren't otherwise explicitly sanctioned; Usmanov himself is
| still sanctioned, as are other entities tied to him.
|
| It's still weird, though; I suspect to really understand it
| (absent a public explanation) would require going through a list
| of Usmanov-owned entities and the specific sanctions list to find
| which of the former aren't on the latter and thus are unblocked,
| and reasoning from there.
| octo_t wrote:
| This has more context in: https://intellinews.com/us-oligarch-
| sanctions-list-exempts-u...
|
| > A few other oligarchs, and their companies, have been
| exempted because of their importance to the global commodities
| market, most notably Oleg Deripaska and his aluminium producer
| Rusal.
|
| > When very harsh sanctions were imposed on Deripaska in 2018
| that effectively banned doing any business with the company,
| prices for aluminium on the London Metals Exchange (LME) soared
| by 40% overnight potentially causing a price shock for the
| consumers of the metal. The implementation of those sanctions
| were at first delayed and eventually withdrawn completely
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(page generated 2022-03-04 23:01 UTC)