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Masaki Fujii's avatar

Japan lost four medium-sized islands in the north to the Soviet Union shortly after World War II ended. Putin pretended to return two of the islands and involved Japan and British-Dutch Shell in the Sakhalin oil project from around 2000. Shell probably lost money, but Japan apparently lost 400 billion yen (approximately $2.6 billion). Even so, since a very small amount of oil is being delivered to Japan (as Japan does not produce any oil or coal at all), it seems that Japan cannot withdraw yet. I think the right thing to do is to quickly cut ties with bad guys, even if it's painful.

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Graham Seibert's avatar

Already, one day later, Denys Davydov reports that the Russians have abandoned the propaganda claim that the ill-fated IL76 was carrying Ukrainian POWs. Oksana's sources say that the Russians shot down their own plane. Will Zerohedge issue a correction? Don't hold your breath.

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