Quote Originally Posted by Firn View Post
After the energy exports and the Russian important bans in strategic sectors it is time to look at the banking sector. This thread has a good number of links on it. With debt financing over Western markets and with it's capital getting harder for targeted companies and those suffering from the collateral damage Russia looks increasingly at Asia even big success was rare in the past months.

Asia No Answer to Russian Companies' Capital Crisis by Reuters points out some of the difficulties faced.



It is imporant to keep basic stuff in mind. Just like the Crimea has a hard time to switch from the deep economic links with Ukraine to the so far shallow ones with Russia, Russia itself faces problems with such a financial scenario. Deep economic ties take a long time to grow and rapid changes come at a (high) price. Even in the best case there will be friction and stumbling blocks.
firn---looks like Lukoil will be cutting back on their investment projects as they cannot get capital--they are the second largest producer so in the coming months it will be hard for Russia long term to increase oil product which they have to do to keep the increased cash needs flowing.


http://uk.reuters.com/article/2014/0...0Q645520140731