More Bad News for Russia

[sleepycat]

Recession not going away any time soon for Russia... 

http://www.businessinsider.com.au/morgan-stanley-on-the-state-of-the-russian-economy-2016-5?r=US&IR=T

[Boethius]

Recession not going away any time soon for Russia... 

http://www.businessinsider.com.au/morgan-stanley-on-the-state-of-the-russian-economy-2016-5?r=US&IR=T

This is partly why TP's assertions on how sanctions have not hurt Russia, but are hitting its Western trading partners, are laughable.


Russia has a GDP less than 1/3 of that of any of its Western trading partners.   The main industries affected are oil and gas, which would have taken a hit in any event, and food at a little more than $8 billion, really, a drop in the bucket for the EU.

[Larry1]

Bad Vlad held a demonstration of a new Russian military truck in sochi. He tried to open the passenger side door but it wouldn't budge. Lt. General shevchenko came to assist him and pulled mightily on the door handle, which came off in his hands.

http://www.the-american-interest.com/2016/05/14/potemkin-villages

[AkMike]

Bad Vlad held a demonstration of a new Russian military truck in sochi. He tried to open the passenger side door but it wouldn't budge. Lt. General shevchenko came to assist him and pulled mightily on the door handle, which came off in his hands.

http://www.the-american-interest.com/2016/05/14/potemkin-villages

Moby did it!     Supposedly there's a video on UTUBE.    Or it maybe just a rumor..

[AkMike]

Ahhh The thrill is gone.. The newness has worn off.

 Russians aren't interested in vacation travel to Krym. The Moscow Times reports that there is a 25% drop in tourism.

http://www.themoscowtimes.com/business/article/crimea-sees-sharp-drop-in-russian-tourists/569608.html

Earlier they had reported about Russians reducing their travel abroad by 30%. It seems that times are tough and moneys tight. It seems to me that they'd rather spend for food.

[sleepycat]

Krim residents stealing sand from the beaches by the truck load...

http://www.bbc.com/news/blogs-news-from-elsewhere-36314586

You know the economy is officially in the gutter when people have to resort to stealing sand to use as free building material. 

[JayH]

Krim residents stealing sand from the beaches by the truck load...

http://www.bbc.com/news/blogs-news-from-elsewhere-36314586

You know the economy is officially in the gutter when people have to resort to stealing sand to use as free building material. 

Maybe Ukrainian sand tastes better than Russian dirt  !

[JayH]

A month after Vladimir Putin's big live call-in show.( Despite some of our "experts" here telling us all is well !!) it seems some of the participants aren't exactly doing so well.


The Tsar Has No Clothes


http://www.rferl.org/content/daily-vertical-transcript-tsar-has-no-clothes/27740298.html

[AkMike]

     Ewww! Who'd want to see a naked dwarf? 

[AkMike]

Ozzie lawyers have filed a 10 Million (each) lawsuit against the Huilomesier and Russia in the European Court of Human Rights for the families of the victims of Flight MH17 that was shot down by a Russian BUK missile.

http://www.reuters.com/article/us-australia-mh-idUSKCN0YC06P

[AkMike]

Russia can't pay pensioners in Krym. They're broke, no money.   

http://en.sobytiya.info/russian-prime-minister-explained-pensioners-in-crimea-that-there-was-no-money.html

"It's the war, everyone must make some sacrifices"

[msmobyone]

Hmmm...

Inaccurate to the point of deliberate deceit?!

Can't index pensions..

Your 'headline'  suggests no pensions are being paid at all.

[AkMike]

It says in Krym.. It doesn't say throughout Russia.   

[AkMike]

There are lies, bigger lies, and then there are Russian lies.   

Russian state TV recently was caught red handed with fake reporting by French media. 

http://www.themoscowtimes.com/news/article/french-tv-exposes-fake-russian-news-report/570053.html

[msmobyone]

It says in Krym.. It doesn't say throughout Russia. 

Nice 'try' at deflecting your latest 'misinfo'

You told us ..

Russia can't pay pensioners in Krym. They're broke, no money.

It can and is ... it isn't index linking them - taking into account inflation

Why can't you post the truth? 'Gilding the lilly' just means you're posts won't get the attention you seek ...

[AkMike]

Read what it says.. Russia is not paying pensions in Krym.. It has no money to pay the pensions..

Why is that so hard for you to understand? 

[AkMike]

They must have "shot their wad" on that extension cord and the "maybe someday" bridge from nowhere?

[msmobyone]

Read what it says..

Quite..

Russia is not paying pensions in Krym..

Not true... 2nd time ..Follow your own advice..

It has no money to pay the pensions..

Why is that so hard for you to understand? 

You will 'get it', soon .. He says there is no money to INDEX pensions - not to not pay them at all 

[ML]

Mike, here is what I see from the article.

According to the Russian Prime Minister Dmitry Medvedev, pensions will not be indexed due to lack of funds.

Medvedev said about this, answering questions during his visit to Crimea.

One of the pensioners began to complain loudly the Premiere about 8 thousand rubles of pension (about 120 dollars) not sufficient for living standards in Crimea, due to “the outrageous prices.” “What is 8 thousand now? It’s nothing!” she flew into a rage and complained that there was no pension indexation in Crimea.

Medvedev replied that indexation is not carried out anywhere else in Russia. “We can’t do it in one place only. There is no indexation.

- - - - - -  -
 
It's the incomplete headline that is misleading.  Medvedev's actual words spoke there was no money for increasing (indexing) the pension payments to people in Crimea or anywhere in Russia.

The headline should  have more directly said this rather than short-cutting it by saying there was 'no money' rather than saying there was no money to finance increases.

[AkMike]

The end results is that they're not paid in full.  Because they don't have the cash!

[msmobyone]

The end results is that they're not paid in full.  Because they don't have the cash!

Sighs..


Why don't you READ the article more than once ....before posting nonsense...then when others point out your howler...you get uppety....

They ARE being paid in full..

The point is...it's not enough....taking into account inflation...particularly in Crimea.

[BC]

Sighs..

Moby... trying to engage a rock is a useless endeavor.

[Boethius]

Ukraine doesn't index pensions either, so the Crimeans are no worse off.

[jone]

Does anyone know the relative value of the pensions paid in Ukraine compared to the pensions paid in Russia?  It would be interesting to know. 

Also, how much is the inflation in Krim compared to when the Russians took over?

[AkMike]

Medvedev, " We don't have the money now"


http://www.rferl.org/media/video/crimea-medvedev-pensioners/27754494.html