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Author Topic: More Bad News for Russia  (Read 1075766 times)

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Offline Brasscasing

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More Bad News for Russia
« Reply #250 on: October 20, 2014, 09:05:52 AM »
Lord, Europe lives on Russian gas, they are not idiots.

This opinion piece in the Moscow Times suggests this will change...

Russia's Gas Monopoly Is Over

http://www.themoscowtimes.com/opinion/article/russia-s-gas-monopoly-is-over/509740.html

Brass
...Build the wall. Even Heaven has a gate...

"Because without America there is no free world" ~ Canada Free Press

Offline AC

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« Reply #251 on: October 20, 2014, 09:30:14 AM »
Iraq and Syria.

This forum is about the Middle East? 

Offline AC

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« Reply #252 on: October 20, 2014, 09:36:29 AM »
This opinion piece in the Moscow Times suggests this will change...

Russia's Gas Monopoly Is Over

http://www.themoscowtimes.com/opinion/article/russia-s-gas-monopoly-is-over/509740.html

Brass

Both Ukraine and Poland already have plenty of natural gas, they just need American technical expertise to get it:


"Aside from heightening offshore competition, shale gas imperils Russia's European position because its political rivals are attempting to harness it for their own benefit. It is considered a national security interest in Ukraine and Poland, which possess some of the largest reserves on the continent. Ukraine's basins contain 20 times that country's annual gas demand, and Poland's — about 35 times."

Offline Doll

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More Bad News for Russia
« Reply #253 on: October 20, 2014, 10:11:43 AM »
This forum is about the Middle East?
it is about "don't judge to not be judged".

Offline AkMike

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More Bad News for Russia
« Reply #254 on: October 20, 2014, 10:17:28 AM »
 :cluebat: Only if this is your picture!  :cluebat:


The title says ," More Bad news for Russia.."

Offline Doll

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More Bad News for Russia
« Reply #255 on: October 20, 2014, 12:08:48 PM »
:cluebat: Only if this is your picture!  :cluebat:


The title says ," More Bad news for Russia.."
Sir. in the same thread somebody suggested an USAF airman to to Russia and fight against Ukraine.
What does HTIS have to do with the "title"?
People tend to do off topics.

Offline AkMike

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More Bad News for Russia
« Reply #256 on: October 20, 2014, 12:17:18 PM »
And you lead the way many times.. Even you have to honestly admit that bringing the middle east into this thread is streaching..

Offline AkMike

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« Reply #257 on: October 20, 2014, 04:37:26 PM »
Putler's Playbook! Stalin and Hitler v2.0

 An excerpt from Wiki about the 1939 Nazi-Soviet, "Molotov–Ribbentrop Pact,"



" It was only in 1989 that the Soviet authorities admitted the existence of the secret protocol of the Nazi-Soviet Pact. A concern about ethnic Ukrainians and Belarusians had been proffered as the reason for the Soviet invasion of Poland, rather than Soviet expansionism."

http://en.wikipedia.org/wiki/M...80%93Ribbentrop_Pact

Offline AkMike

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More Bad News for Russia
« Reply #258 on: October 20, 2014, 04:56:37 PM »
Congratulations Doll! :clapping:

 You win the 'Kewpie Doll' award!

Offline sleepycat

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« Reply #259 on: October 20, 2014, 11:37:26 PM »
Good article about how the Kremlin's proposed massive increase to the military budget will likely end up being money down the drain...

http://www.themoscowtimes.com/opinion/article/russia-ups-defense-spending-despite-slowdown/509741.html

Offline sleepycat

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« Reply #260 on: October 21, 2014, 12:46:38 AM »
Looks like a growing number of Russian men are trying to dodge the military draft so they don't end up being 'accidentally lost' across the border into Ukraine.

http://www.interpretermag.com/ukrainian-fighting-causing-some-russians-to-seek-to-avoid-the-draft/

So much for the united front of patriotism back home in Mother Russia...
Have these draft dodgers no shame at all?

Offline AkMike

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More Bad News for Russia
« Reply #261 on: October 21, 2014, 12:56:05 AM »
' Better fled than dead?'  :crackwhip:

Offline AC

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« Reply #262 on: October 21, 2014, 01:07:59 AM »
Looks like a growing number of Russian men are trying to dodge the military draft so they don't end up being 'accidentally lost' across the border into Ukraine.

http://www.interpretermag.com/ukrainian-fighting-causing-some-russians-to-seek-to-avoid-the-draft/

So much for the united front of patriotism back home in Mother Russia...
Have these draft dodgers no shame at all?

Supposedly Russians are the big brothers and Ukrainians the little brothers; so those who refuse to fight in Ukraine against their Slavic brothers should actually be proud of their actions.

Offline Brasscasing

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More Bad News for Russia
« Reply #263 on: October 21, 2014, 03:01:36 PM »
Another bite on the bum for the little guy...

U.S. to scrap trade deal on Russian steel duties


..."(Reuters) - The U.S. Department of Commerce will terminate a 15-year-old deal sheltering Russian flat-rolled steel producers from high import duties, it said in a letter to Russian authorities.

In the letter published on Monday, the United States gave Russia 60 days notice of the termination and said anti-dumping duties would then apply.

The so-called suspension agreement has sheltered Russian steelmakers from anti-dumping duties as high as 184.56 percent on hot-rolled, flat-rolled, carbon quality steel, instead setting a cap on imports and a minimum price"...

http://www.reuters.com/article/2014/10/21/us-usa-trade-steel-idUSKCN0IA1VW20141021

First world countries oughta be going through their books making sure that any of these sweetheart trade deals made to assist Russia way back when it was a civilized country are terminated.

Brass
...Build the wall. Even Heaven has a gate...

"Because without America there is no free world" ~ Canada Free Press

Offline AC

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« Reply #264 on: October 21, 2014, 03:12:31 PM »

First world countries oughta be going through their books making sure that any of these sweetheart trade deals made to assist Russia way back when it was a civilized country are terminated.

Brass


And it's only going to get worse... :ROFL:

lordtiberius

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More Bad News for Russia
« Reply #265 on: October 21, 2014, 08:04:24 PM »
Lord, Europe lives on Russian gas, they are not idiots.

I agree with you except I do this k they are idiots.

Offline AC

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Offline AC

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« Reply #267 on: October 23, 2014, 04:10:29 PM »
Russian officials tone down their rhetoric in the wake of the effects of the sanctions.  Perhaps Doll is wrong; Russians don't want to eat dirt after all!   :devil:


http://news.yahoo.com/russia-tones-down-rhetoric-economy-121500695.html?pt=BureoF3GVB

Offline AkMike

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« Reply #268 on: October 23, 2014, 05:22:33 PM »
If they mix it with borsht it'll thin down to a tasty mud.  :rolleyes:

Offline AkMike

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« Reply #269 on: October 23, 2014, 09:24:57 PM »
Meanwhile Oil prices slip lower just like the ruble..  :clapping:  Win Win!

http://www.usatoday.com/story/money/business/2014/10/22/russia-oil/17716263/

Offline calmissile

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« Reply #270 on: October 23, 2014, 09:52:07 PM »
Meanwhile Oil prices slip lower just like the ruble..  :clapping:  Win Win!

http://www.usatoday.com/story/money/business/2014/10/22/russia-oil/17716263/

An interesting excerpt....

"German Gref, the chief of Russia's largest bank, Sberbank, went further when he pointed to ignorance of the laws of economic development as the cause of the Soviet Union's collapse. He further lashed out at the economy's dependence on oil and the government's repressive measures, saying at the forum, "You cannot motivate people through the Gulag."

In spite of additional revenues to the Russian budget due to the ruble's devaluation, mounting economic woes are taking their toll on average citizens and small businesses.

Consumer prices have risen by up to 28% for some goods since last year, Golovtsov, of UralSib, says, but salaries and pensions have not kept up. Retail turnover for electronics, cars and other goods has contracted because people have less money to spend due to inflation.

Falling consumer demand, in turn, is hurting small businesses. According to recent data from Cushman & Wakefield cited by Russia's RBC agency, at least 18 properties on Moscow's central Tverskaya Street that used to house shops and restaurants now stand empty.
Doug (Calmissile)

Offline AkMike

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« Reply #271 on: October 23, 2014, 10:42:55 PM »
The new government in DNR and the LNR are hoping that 'Mother Russia" will step up and help then financially to rebuild their new republics..  LMAO just like Krym is waiting for their new bug ruble pensions.

 Keep waiting in the line.

Offline AC

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« Reply #272 on: October 24, 2014, 08:53:34 AM »
Nobody wants Russian assets except for maybe professional contrarian investors:


 http://www.bloomberg.com/news/2014-10-24/ruble-extends-drop-as-bank-of-russia-raises-band-amid-s-p-woes.html
« Last Edit: October 24, 2014, 10:03:57 AM by AC »

Offline sleepycat

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« Reply #273 on: October 24, 2014, 11:53:46 AM »
Nobody wants Russian assets except for maybe professional contrarian investors:


 http://www.bloomberg.com/news/2014-10-24/ruble-extends-drop-as-bank-of-russia-raises-band-amid-s-p-woes.html

Professional contrarian investors plus our esteemed RWD member Doll!


Anyone can keep dollars, I can buy anything there. Now it is a very good time for buying real estate.

Offline AkMike

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« Reply #274 on: October 26, 2014, 08:10:22 PM »
Finance Minister: Russia Needs Backup Budget For Worst-Case Scenario
By Delphine d'Amora Oct. 24 2014 15:48

Russia must create a contingency budget to counter the threat that Western sanctions, economic stagnation and low oil prices will dash the country's hopes of restoring growth in the near term, Finance Minister Anton Siluanov said Friday.

“A budget cannot constantly have expenses that were drafted in a different economic reality. We must always have another version in case times like these continue,” Siluanov said in a speech to Russia's lower house of parliament, the State Duma, news agency RIA Novosti reported.

The latest budget for 2015-17, which faced its first reading in the State Duma on Friday, is based on the optimistic forecast that sanctions will ease and oil prices next year will average $100 per barrel. The budget predicts GDP growth of 1.2 percent next year, 2.3 percent next year and 3 percent in 2016.

This scenario looks increasingly far-fetched: Economic growth has crashed in 2014, with a recent World Bank forecast predicting growth of 0.5 for this year, 0.3 percent next year and 0.4 percent in 2016. Western sanctions on Moscow over its actions in Ukraine show no sign of letting up and the price of Brent crude oil — the global benchmark — was at $86 per barrel on Friday amid a global supply glut that will likely keep prices depressed in the short term.

Siluanov has criticized the budget before. At an investment summit late last month he called the budget's forecast “optimistic” and said Russia “will have to try very hard to ensure the planned growth rates,” Reuters reported.

Experts polled by The Moscow Times noted previously that the 2015-17 budget is crippled by new expenses and past promises that are now too exorbitant to fulfill, including the cost of supporting Crimea — which Russia annexed from Ukraine in March — and the state's massive $700 billion rearmament program.

Lower budget revenues led to a controversial decision earlier this year to use contributions to privately managed pension funds to fill gaps in the state budget for the second year in a row. The move was heavily criticized by economists, who said that it will both increase the state's future spending obligations and deprive nascent markets of strong institutional investors.

Siluanov on Friday also asked Russian lawmakers for permission to use, if necessary, up to 500 billion rubles ($12 billion) from the government's Reserve Fund, an oil-revenue-funded piggy bank, to fulfill spending obligations next year.

“We created [the fund] for this, and there are now more than 3 trillion rubles [$72 billion] in the Reserve Fund,” RIA Novosti quoted Siluanov as saying.

At the same time, the minister warned that the fund is “not infinite” and urged lawmakers to optimize government programs and bring state spending in line with the budget's limitations. Finance Minister: Russia Needs Backup Budget For Worst-Case Scenario | Business | The Moscow Times

 

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