Thank you.
Again, I have a question for both of you, starting with Mr. Kramer.
On the issue of economic sanctions and acting not just reactively but proactively, it seems to me that by far the most disproportionately important resource in all of this is what people have been talking about, which is the oil and gas that comes from Russia. There's no question this is a very important source of income for the Russian economy. It's also very clear that it would inflict a lot of pain on many European countries, some of whom depend 100% at this point.
Do you think that if the European Union, because they're the ones that are going to be involved here, has the resolve to play tough, and we have a situation that develops whereby these supplies are cut off, that Russia will blink before the European Union does? Do you think a winner can come out of this? It seems to me that this one, notwithstanding other sanctions that we've talked about, is the biggest elephant in the tent. I'd like your opinion on that.