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Russian Federation Council calls out The Central Bank of Cyprus as being unfriendly to Russian business, as it panders to American pressure

The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

It’s one thing for Russia and the U.S. to go toe to toe in the ring, but when Russia begins to view tiny Cyprus as an openly hostile nation, then you are looking at the equivalent of Mike Tyson taking on Steven Urkel.
ITAR TASS reports:

The International Affairs Committee of the Russian Federation Council (FC) has refused to attend a meeting of the US-Russia Business Council due to the sanctions the West imposed on Russia and its citizens, the Izvestia daily writes on Tuesday.
The International Affairs Committee of the Russian Federation Council (FC) members have proposed to suspend active work in the EU countries that have the most aggressive attitude to Moscow and Russians, the Izvestia daily newspaper writes with reference to acting head of the FC International Affairs Committee Vladimir Dzhabarov.
“We have never had great inter-parliamentary relations with the United States, and the current attempts to welcome the Americans at the first opportunity seem not right after our former colleague — senator and currently the head of state (US President Barack Obama), called the Ebola virus the first global threat, and Russia — the second,” deputy head of the International Affairs Committee Andrey Klimov told Izvestia.

No surprise here, especially in light of Obama’s ridiculous UN speech, but WTF Cyprus?

The Federation Council members also proposed not to create the working group on parliamentary cooperation with the parliament of Cyprus.
“The Central Bank of Cyprus under the American pressure has made an emission of €1 billion on the extremely unfavorable terms for Russian businessmen that switched to it from the collapsed Laiki Bank: instead of 84%, they got 18%. All the steps are unfriendly. A week ago, Russian businessmen met with the country’s former president who explained the actions of official authorities by the US pressure,” Izvestia quotes FC member Igor Morozov as saying.

Not only is Cyprus poking the bear, but they are doing it under the guidance and encouragement of Uncle Sam. Obviously, pissing off Russia is not in Cyprus’ best interests, but then again, not one European leader is acting in their country’s best interests, as they continue to let Washington push them off the cliff.
Russia need only taper off tourism to the island and pull back its business operations…then watch and see if smiling Joe Biden will come to the rescue.
Cold War 2.0 is so on! Time to pick sides (Cyprus has made its choice), and expect lots of collateral damage to ensue:

Head of the Institute for Political Studies Sergey Markov says that the Federation Council has made a right move, refusing to maintain contacts with the United States at this level.
“We have been in a state of Cold War with the United States for a long time already, moreover, we have entered the hybrid war situation: the combination of sanctions and diplomatic, economic and information war,” he noted. “Russia should take a break now and hold the dialogue only with the countries, with which cooperation is possible,” Markov said.


References:
http://en.itar-tass.com/russia/751953

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The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.

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