More Bad News for Russia

[AkMike]

Russia is selling off some of the state assets trying to raise cash, If course they'll re-nationalize them later on as they've done before I'd guess.

http://www.themoscowtimes.com/business/article/reluctantly-russia-starts-sell-off-of-major-state-companies/575094.html

[AkMike]

3B fine against Gazprom is upheld in UA's highest economic court.

"Ukraine’s Antimonopoly Committee (AMCU) fined the energy giant in January for “abuse of its dominant position in the country’s gas supply network.”

http://www.themoscowtimes.com/business/article/ukraine-upholds-gazprom-s-3bln-fine/575070.html

[msmobyone]

3B fine against Gazprom is upheld in UA's highest economic court.

"Ukraine’s Antimonopoly Committee (AMCU) fined the energy giant in January for “abuse of its dominant position in the country’s gas supply network.”

http://www.themoscowtimes.com/business/article/ukraine-upholds-gazprom-s-3bln-fine/575070.html

Dear Messenger - rather than 'shoot' you - please explain how this fine will be enforced ? ...Hardly 'bad' news...

[AkMike]

If that ruling is upheld in a international court it'll be bad news. (assuming appeal) Since Gazprom fought it and not just ignored it they must think it's got some credence. 

[msmobyone]

If that ruling is upheld in a international court it'll be bad news. (assuming appeal) Since Gazprom fought it and not just ignored it they must think it's got some credence. 

Mikey

You might not be aware that the Duma passed law that says ' we will ignore' intl couft rulings we dont like!!

[Boethius]

If that ruling is upheld in a international court it'll be bad news. (assuming appeal) Since Gazprom fought it and not just ignored it they must think it's got some credence.

The Антимонопольний комітет України is not a court.  It is a committee that reports to politicians.  Furthermore, even if it were a court, decisions in domestic courts are not appealed to international courts.

[AkMike]

The Антимонопольний комітет України is not a court.  It is a committee that reports to politicians.  Furthermore, even if it were a court, decisions in domestic courts are not appealed to international courts.

Those darned Russian's can't get an article right I guess. 

[AkMike]

More findings on the Russian Olympic doping due to be released on Monday.

Russia doping: Wada to publish Sochi 2014 doping findings

http://www.bbc.stfi.re/sport/athletics/36821181?sf=xwajapz#aa

[AkMike]

The much anticipated report from WADA is out... They are calling for the  ENTIRE Russian team to be excluded from the Rio Olympics. The government knew all about it.   

http://www.themoscowtimes.com/news/wada-calls-for-russia-ban-from-rio-olympics-54630


http://www.theguardian.com/sport/live/2016/jul/18/wada-mclaren-report-russia-sochi-2014-doping-live

[ML]

What a great name.  WADA.

In 1960s-1970s there was the American Institute for Decision Sciences (AIDS).

Once the AIDS problem became well known, they had to change the name in 1980s to Decision Sciences Institute (DSI).

[jone]

Given the information of systematic doping by the Russian government, it makes FIFAs 2018 World Cup's venue even less desirable.  I don't think that there are too many people who think Russia will play fair after these latest disclosures.

[AkMike]

The International Olympic Committee has said that they'll take the harshest sanctions available towards Russia after this latest doping scandal. 

http://www.rferl.org/content/russia-doping-wada-report-mclaren-sochi/27865365.html

[Boethius]

It's 85% complete, and at one time, there was a livecam on it (probably now taken down for security reasons), which showed the stadium was, indeed, on schedule.  So, I suspect it will be completed.

[AkMike]

Wrong thread Boe.

[Boethius]

Oops.  Thanks.  I was responding to this -


http://www.russianwomendiscussion.com/index.php?action=post;quote=437368;topic=21062.0;last_msg=437379

[msmobyone]

Those darned Russian's can't get an article right I guess. 

Most of us are more careful about the veracity of the material we post ...

[AkMike]

And yet once again, construction workers at Vostochny Cosmodrome are on strike for unpaid wages. 
 
Spetsdorstroi, the employer has paid 41% of the May wages and 5,000 rubles ($75US)towards Julys wages.
 Early this month another group with a different employer were also out on strike for the same reason.

http://themoscowtimes.com/news/workers-at-vostochny-cosmodrome-on-strike-again-54704

[tfcrew]

Anthrax kills one, infects 21 others as melting permafrost causes outbreak in Russia's far north

Russia has confirmed 21 cases of anthrax, including one fatality, after an unusual heatwave melted permafrost in its remote far north, releasing potentially lethal spores from the soil.  Key points:

• 12-year-old boy died on Monday
• First outbreak in region since 1941
• Authorities say there is "no epidemic"

 
"Unfortunately 20 people had their [anthrax] diagnosis confirmed," a spokeswoman for the Yamalo-Nenetsky regional authorities told the RIA Novosti news agency.
In addition, a 12-year-old boy died in hospital on Monday.
The number of those hospitalised on suspicion of infection rose to 90 people, 45 of them children, regional officials said.

http://www.abc.net.au/news/2016-08-03/21-infected-in-far-north-russia-anthrax-outbreak/7684014

[JayH]

The net tightens for Putin ! Can he possibly get rid of any & all  "opposition" to his regime before reality catches up?

The "Kremlin" a serious problem.
It is this problem rests in the fact that a group of persons known to you, usurped state power in Russia, it is extremely important formal criteria of legality of finding them in power.

That is why the "Kremlin" lay himself out, so as not to give anyone a formal, legally proven reason to doubt that they are in power in full compliance with the formal requirements of the law. That is why they are every step obkladyvayut formal "will" of the people and its legal representatives, and stamped "justifying" the government's decision, even in cases when they are not needed.

http://newsonline24.com.ua/vot-eto-novost-iz-za-kryma-gosduma-rossii-budet-vne-zakona

[msmobyone]

More doctored images ....JayH - please be more careful about the veracity of your 'sources'  - if you want your 'msg' to hit home

[JayH]

Not sure if I can keep pointing out that the sanctions are not about to go away. We still have forum fools posting they will soon be lifted--the fact is they are being widened - and will continue to until Russia can learn to be a good world citizen again!
For those that keep posting on Putin's so called popularity based on polls - wake up .  He is taking them on a path to destroy Russia.


US expands Russia sanctions over Ukraine conflict

Washington (AFP) - The United States announced a long list of sanctioned companies and individuals on Thursday aimed at Russia over its continuing support for Ukraine's rebels and the 2014 seizure of Crimea.

The list took aim at a key unit of Bank Rossiya, often called the personal bank of Russian president Vladimir Putin, and some of Russia's largest construction companies.

It included 17 Ukrainian separatists, 11 of them officials of the government Russia established in Crimea after illegally annexing the northern Black Sea peninsula in 2014.

And it also blacklisted a large number of Russian companies operating in Crimea, including major maritime and defense businesses.

The sanctions aim to lock those blacklisted out of global financial networks, thereby limiting their ability to do business, by banning any US entities and individuals from doing business with them.

That would impact not only US banks but also the US branches of foreign banks, making it difficult for them to serve the sanctioned firms.

The US Treasury said the new move aims at countering efforts by Russian entities to circumvent existing sanctions on individuals and companies.

http://www.yahoo.com/news/us-expands-russia-sanctions-over-ukraine-conflict-165853444.html?soc_src=social-sh&soc_trk=fb

[JayH]

The assessment of some reputable analysts is about as close as is guessable on what direction Putin and Russia will take.The explanations are  excellent summaries across a wide range of issues that relate directly to the Russian interference and occupation in Ukraine.
One thing that all seem to agree with-- Putin is on borrowed time.( That is of course-- good news for the world-- but from Putin's  perspective--Bad News !!)

There are many interesting comments-I have included translation of a few here.

Taran: Putin could back out now, and it would be one price. Maybe in a year - but the price will be another. But I think the current situation is no longer possible to go to Putin. No decision will not lead to the strengthening of its authority. If he compromises with regard to Ukraine, or other geopolitical points, it does not understand in Russian. Putin has put himself into a corner. He lacked decision-making strategy. Consider it a few steps further - probably would not have started their senseless adventure in Ukraine. He is not a strategist. His steps are calculated for a maximum of a few months. The same thing happened before the G20. That trouble is that Putin is unpredictable. But I think we can expect that in a few years, Russia's economy will collapse, and that's all over.


"The Russian economy will collapse - and that was the end"

Oreshkin: Each quarter is becoming increasingly clear that sanctions have a lasting and devastating impact on the Russian economy. Of course, Putin needed to have the sanctions lifted, but it is necessary to save face, look the winner in the domestic media market. Removal of sanctions would be interpreted as a major political victory for Putin. Although opportunities corridor he narrows quite quickly. The economy is firmly seated on the bottom, in August fell by 20% reserves of the Reserve Fund and National Welfare Fund. Of course, Putin has wider smile in the direction of Western partners and try to find an alternative source of financing in the East - we are talking about China and Japan, and it is also not easy.

http://ru.krymr.com/a/27970908.html

[Muzh]

Jay, you don't give up on your wishful thinking, do you?



The Woman Who Revived Russia’s Markets
Many investors credit central-bank chief Elvira Nabiullina for Russia’s resurgence


August 23, 2016

Russian markets are red hot again.


Two years after plunging oil prices and Western economic sanctions fueled an investor exodus, the Micex stock index on Tuesday hit an all-time high. It is up 25% this year in dollar terms, making Russia the sixth-best performer among 23 emerging countries tracked by MSCI Inc.

http://www.wsj.com/articles/emerging-markets-rising-star-russia-1471979430

[JayH]

Jay, you don't give up on your wishful thinking, do you?

The Woman Who Revived Russia’s Markets

Many investors credit central-bank chief Elvira Nabiullina for Russia’s resurgence
August 23, 2016

http://www.wsj.com/articles/emerging-markets-rising-star-russia-1471979430

Russia runs out of money after oil crash and sanctions
September 8 2016, 12:01am,
The Times
Russia is burning through its national reserves at an unprecedented rate, amid a deep economic crisis that has plunged millions of people into poverty and wiped out the advances in living standards achieved during President Putin’s long rule.

Hit by western sanctions and low global prices for oil — the bulwark of its economy — the country’s reserve fund, designed to cover shortfalls in the national budget, has shrunk by two thirds since 2014, falling from £67 billion to barely £23 billion, the finance ministry said this week.

Analysts at the Higher School of Economics in Moscow predict that the…
http://www.thetimes.co.uk/article/russia-runs-out-of-money-after-oil-crash-and-sanctions-qxpmwf9cq

[deccie]

A bit pre-emptive in the headlines. 

The cash is clearly running out but it has not, as yet, run out.  Nearly 30 billion left is not that bad really considering the time and projects going on.

And there are some other piles of cash they can yet rob.