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Old March 13th, 2018, 09:11 AM   #1
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Best News Story Ever

MOSCOW (AP) — Exxon Mobil will end a joint venture with Russia’s state-controlled Rosneft due to U.S. and European sanctions against Moscow.

Exxon revealed in a regulatory filing that it decided to end the partnership late last year after the U.S. expanded sanctions against Russia. The company plans to begin unwinding the joint venture this year.

The retreat will result in an after-tax loss of about $200 million — spare change in comparison to Exxon’s 2017 profit of $19.7 billion.

Exxon loses $200 million plus the commissions, Putin loses $500 billion in extracted oil profits, Trump loses billions in the stake in Rosneft he was promised if he could get the sanctions lifted.

This sure as hell explains a lot about both Trump and Putins actions the last 3 months.

I'm so giddy I'll be in good mood the rest of the week no matter what else happens.

Thanks from tristanrobin and RNG
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Old March 13th, 2018, 09:17 AM   #2
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Another nail in Tillerson's coffin?
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