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    Russian Economy General News: #7

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    Project Canada

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    Re: Russian Economy General News: #7

    Post  Project Canada on Wed Oct 26, 2016 12:40 pm

    Oil prices are back to $50 levels, this should give Russian oil companies a bit of relief. unfortunately, this will benefit the Saudis as well, i hope SA will collapse before oil goes back to really profitable prices because this will enable the Saudis again to fund their worldwide Jihadist war Rolling Eyes
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    GunshipDemocracy

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    Re: Russian Economy General News: #7

    Post  GunshipDemocracy on Wed Oct 26, 2016 12:41 pm

    Project Canada wrote:Oil prices are back to $50 levels, this should give Russian oil companies a bit of relief. unfortunately, this will benefit the Saudis as well, i hope SA will collapse before oil goes back to really profitable prices because this will enable the Saudis again to fund their worldwide Jihadist war Rolling Eyes

    Well without $50 barrel Houtis would be on outskirts on Riyadh soon Smile

    Project Canada

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    Re: Russian Economy General News: #7

    Post  Project Canada on Wed Oct 26, 2016 1:03 pm

    GunshipDemocracy wrote:
    Project Canada wrote:Oil prices are back to $50 levels, this should give Russian oil companies a bit of relief. unfortunately, this will benefit the Saudis as well, i hope SA will collapse before oil goes back to really profitable prices because this will enable the Saudis again to fund their worldwide Jihadist war Rolling Eyes

    Well without $50 barrel Houtis would  be on outskirts on Riyadh soon Smile

    I would celebrate if that ever happens, SA has the advantage in this war however, since they can bomb civilians and yemeni infrastructures of vital economic importance freely without the threat of being accused of committing war crimes and be booted out of the UN human rights council..


    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Wed Oct 26, 2016 2:11 pm

    Saudi cannot sustain low oil price for long time like Russia can , Saudi is just a single pony horse.

    Russian budget is already based on Brent price of $40 and Central Bank has stress tested for oil price as low as $25.

    par far

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    Re: Russian Economy General News: #7

    Post  par far on Wed Oct 26, 2016 5:28 pm

    Project Canada wrote:Oil prices are back to $50 levels, this should give Russian oil companies a bit of relief. unfortunately, this will benefit the Saudis as well, i hope SA will collapse before oil goes back to really profitable prices because this will enable the Saudis again to fund their worldwide Jihadist war Rolling Eyes



    What I don't get is, India(whose MIC, is a mere fraction of Russia), can have decent Aircraft Carriers but Russia can't? Are Russian shipbuilders that bad, that they can not build Aircraft Carriers? It just sucks that Russia missed out on the Mistrals, if the shit, in Ukraine was delayed, by 6-8 months, than Russia would probably had the Mistrals(at least one of them). That would have been a lovely dream, come true, imagine, taking the Mistral, to Syria.
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    kvs

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    Re: Russian Economy General News: #7

    Post  kvs on Thu Oct 27, 2016 1:19 am

    par far wrote:
    Project Canada wrote:Oil prices are back to $50 levels, this should give Russian oil companies a bit of relief. unfortunately, this will benefit the Saudis as well, i hope SA will collapse before oil goes back to really profitable prices because this will enable the Saudis again to fund their worldwide Jihadist war Rolling Eyes



    What I don't get is, India(whose MIC, is a mere fraction of Russia), can have decent Aircraft Carriers but Russia can't? Are Russian shipbuilders that bad, that they can not build Aircraft Carriers? It just sucks that Russia missed out on the Mistrals, if the shit, in Ukraine was delayed, by 6-8 months, than Russia would probably had the Mistrals(at least one of them). That would have been a lovely dream, come true, imagine, taking the Mistral, to Syria.

    Russia is not interested in this type of ship. They are only good for colonial suppression wars and not WWIII.

    The Mistrals were Serdyukov's baby. He is gone and so are his pet projects.
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    VladimirSahin

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    Re: Russian Economy General News: #7

    Post  VladimirSahin on Thu Oct 27, 2016 2:13 am

    Well the US operates 10 aircraft carrier battle groups, which provide offensive power projection. I don't think they are to be laughed at but still if they use aircraft carriers against a power like Russia even the risk of losing one aircraft carrier with 5,000 plus crew 90 plus aircraft on board is totally not worth it. However against countries other than China and Russia they're quite capable. Russia should operate at most 2 aircraft carriers having one isn't enough for future goals.
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    GarryB

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    Re: Russian Economy General News: #7

    Post  GarryB on Thu Oct 27, 2016 10:03 am

    You can't confuse Mistrals with actual carriers.

    Mistral is a support ship that can be used for a range of purposes... from a land attack by naval forces where her helos and vehicles would be very useful and her command capability and hospital capabilities would be very valuable too, through to disaster relief where again her helos and vehicle transport capacity can deliver aid inland fast and efficiently and of course her command capability allows coordination of efforts and hospital capability is again useful.

    A real carrier is to bring air power with a surface action group... a show of force, and a way to take the Russian military to where it is needed.

    In WWIII it would allow Russian air power to be projected further out around a major Russian port to protect surface vessels. And would be invaluable in defending against an opponent with carriers and surface vessels.

    It is not a question of can or can't afford.

    Right now if you waved your magic wand and could make anything appear they don't need carriers... they need to upgrade port facilities and support vessels to create surface groups that need air cover... then you need air cover...

    If you have three fixed wing carriers now there would not be enough support ships to operate with them... there would be little use for all three at any one time... nice to have but damn expensive unless you had something for them to do...

    In ten years time the russian navy will have expanded and will be a much newer fleet and will likely have re-established contact with former allies and be sending surface groups around the place like the Pacific or Africa.

    It would be valuable for Russia to be able to send a carrier group to Fiji on a good will visit... the helicopter carrier could visit the islands and offer medical care, they could do the PR thing and build a few schools... sign a few contracts to drill for oil... that sort of thing. Except unlike the west not screw the locals so they don't feel like they have just been raped by white guys again.

    And do that all over africa too.

    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Mon Oct 31, 2016 4:59 pm

    Any idea what does this mean really for Western Economy and how this will impact Russia ?

    http://www.telegraph.co.uk/business/2016/10/30/world-to-face-stress-test-as-dollar-libor-spikes-and-bond-rout-d/
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    Hannibal Barca

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    Re: Russian Economy General News: #7

    Post  Hannibal Barca on Mon Oct 31, 2016 9:57 pm

    Nothing serious, just the shockwaves of an impending Trump election. It will come back to normal pretty soon.
    The next crisis will be also a banking one IMO.

    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Tue Nov 01, 2016 5:58 am

    Hannibal Barca wrote:Nothing serious, just the shockwaves of an impending Trump election. It will come back to normal pretty soon.
    The next crisis will be also a banking one IMO.

    Trump winning chances are very low as the American System or Deep State would want Hillary to Win to pursue its agenda more freely.

    How do you forsee the next banking crisis unfolding ?

    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Tue Nov 01, 2016 6:01 am

    Now that Renminbi has been granted SDR status and Russia-China being strong trading partners.

    Can Russia let China trade its Energy Products ( Oil/Gas ) in Renminbi in return for greater economic benefit to Russia from China , Russia might just add Renminbi to its basket for Oil/Gas trade besides USD & Euro , is that a good proposition ?

    May be the central bank can also dump UK Pound and USD percentage in Forex and give more preference to Renminbi , like 15-20 % of its Forex basked in Renminbi and reduce USD % from 45 % to  30 %

    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Tue Nov 01, 2016 8:11 am

    Brussels OKs increased OPAL flows – with caveats

    http://interfaxenergy.com/gasdaily/article/22598/brussels-oks-increased-opal-flows-with-caveats
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    Hannibal Barca

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    Re: Russian Economy General News: #7

    Post  Hannibal Barca on Tue Nov 01, 2016 2:57 pm

    Austin wrote:
    Hannibal Barca wrote:Nothing serious, just the shockwaves of an impending Trump election. It will come back to normal pretty soon.
    The next crisis will be also a banking one IMO.

    Trump winning chances are very low as the American System or Deep State would want Hillary to Win to pursue its agenda more freely.

    How do you forsee the next banking crisis unfolding ?


    Firstly, I will be really surprised if Trump doesn't win.

    Secondly, I don't think anyone knows when or how the next economic crisis will unfold and I don't think anyone can predict how major is gonna be either.
    Problem is that we should had a huge crisis ongoing long ago, but most western centers realize that this will be an existential treat for them so they try to hang on
    delaying everything against economic data and common sense.
    I do think that the next crisis is gonna have geopolitical consequences. European Union rot from inside and the dollar can hold for so long
    without real economic data backing it up.
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    Hannibal Barca

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    Re: Russian Economy General News: #7

    Post  Hannibal Barca on Tue Nov 01, 2016 3:08 pm

    Austin wrote:Now that Renminbi has been granted SDR status and Russia-China being strong trading partners.

    Can Russia let China trade its Energy Products ( Oil/Gas ) in Renminbi in return for greater economic benefit to Russia from China , Russia might just add Renminbi to its basket for Oil/Gas trade besides USD & Euro , is that a good proposition ?

    May be the central bank can also dump UK Pound and USD percentage in Forex and give more preference to Renminbi , like 15-20 % of its Forex basked in Renminbi and reduce USD % from 45 % to  30 %

    I think this all are already planned but they do it extremely slowly, China makes every step with extreme caution and I think they are very right doing so.
    Already played it opportunistically in 2008 and got all this nasty internal private debt.

    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Wed Nov 02, 2016 5:06 am

    Hannibal Barca wrote:Firstly, I will be really surprised if Trump doesn't win.


    Hillary has been scripted to win by the power that be in the US , Trump is just a side show but not the show itself. If there was any free and fair election in US then certainly Trump would have had his fair chance but  this one is rigged for hillary.She even told her supporters to ignore all polls and that she will win Cool




    Secondly, I don't think anyone knows when or how the next economic crisis will unfold and I don't think anyone can predict how major is gonna be either.
    Problem is that we should had a huge crisis ongoing long ago, but most western centers realize that this will be an existential treat for them so they try to hang on
    delaying everything against economic data and common sense.
    I do think that the next crisis is gonna have geopolitical consequences. European Union rot from inside and the dollar can hold for so long
    without real economic data backing it up.

    Jim Rickards states SDR status will be elevated to reserve currency replacing USD and Euro and others

    Project Canada

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    Re: Russian Economy General News: #7

    Post  Project Canada on Wed Nov 02, 2016 11:23 am




    Can Russia build a tech-based economy?


    When over 13,000 entrepreneurs and investors last week visited the Open Innovations forum just outside of Moscow, concerns arose about the pace of technological advances in Russia

    Skolkovo Technology Park, one of Russia's largest science parks, is just an hour drive from Moscow's city center. Designed as an alternative to Silicon Valley in the U.S., Skolkovo is a key part of Russia's dream to build an economy based on scientific and technological innovation.

    On Oct. 26-28, Skolkovo Technopark hosted the Open Innovations forum, which is the Russian government's flagship tech event. The forum is seen as an opportunity to inspire technological development in the sanctions-hit country.

    This year, the event highlighted everything that is wrong with Russia's innovation infrastructure, ranging from low demand for new technology, to the lack of investment for early-stage startups.

    Freedom for startups?

    Pekka Viljakainen, adviser to Skolkovo Foundation's president, said large Russian corporations investing in startups seek a controlling stake of at least 30 precent.

    “There is not enough mutual trust in the local business environment,“ Viljakainen said in his speech at Open Innovations. “Companies are afraid to lose control under the current situation.“

    Such pressure, however, can cause a reverse effect whereby the startup's founders are not motivated to take risks and accept responsibility. Viljakainen believes tech entrepreneurs can create a unique product only if they are given more freedom.

    Evgeny Kuznetsov, CEO of RVC, one of Russia’s development institutes and a key player in building the county’s innovation system, admitted that long-established companies in Russia do not have the necessary experience and instruments to work properly with startups. Moreover, Russian senior executives and top managers often think that they have no need of innovation.

    Kuznetzov said, for example, that this is a big mistake made by local energy companies. According to the annual Innovation Report, budgets in Russia for R&D decreased while the demand for new technology has been increasing.

    “Big business has to cooperate with the innovation sector,“ Kuznetsov said. He admitted that many startups eventually move abroad because they don't fit into the purchasing strategy of major Russian companies.

    Venture vitamins needed

    The Russian government is actively fostering the innovation process, encouraging and supporting startups through organizations such as RVC, Skolkovo, the Agency for Strategic Initiatives (ASI) and many others. But the top down approach to innovation doesn’t help tech companies to grow fast enough.

    According to Ruslan Musin, the founder of SpeakUS, a mobile app that breaks down language barriers with the help of real interpreters, the infrastructure for startups is in the early stage of development.

    “It seems that window dressing gets more attention than deeper processes,“ he told RBTH, adding that his startup had a positive experience getting support at its place of residency, the Strogino science park, which belongs to the Moscow city government.

    “There are favorable conditions for starting a tech business in Russia, but the issue is further development,“ Musin said. “The venture capital market in the country is almost non-existent, and startups need financial “venture vitamins“ for growth. Of course, something is happening, but innovation can’t be developed separately from other industries.“

    http://rbth.com/science_and_tech/2016/11/01/can-russia-build-a-tech-based-economy_644021


    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Wed Nov 02, 2016 12:31 pm

    Hannibal Barca wrote:Secondly, I don't think anyone knows when or how the next economic crisis will unfold and I don't think anyone can predict how major is gonna be either.
    Problem is that we should had a huge crisis ongoing long ago, but most western centers realize that this will be an existential treat for them so they try to hang on
    delaying everything against economic data and common sense.
    I do think that the next crisis is gonna have geopolitical consequences. European Union rot from inside and the dollar can hold for so long
    without real economic data backing it up.

    You Must Watch this

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    Hannibal Barca

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    Re: Russian Economy General News: #7

    Post  Hannibal Barca on Wed Nov 02, 2016 12:44 pm

    Well, Stockman is a joke.
    He sells gold and says these things again and again every day the last 8 years.
    One day he will be proved correct.... but until then, there will be a million times that he will be proved wrong Smile

    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Wed Nov 02, 2016 1:25 pm

    Hannibal Barca wrote:Well, Stockman is a joke.
    He sells gold and says these things again and again every day the last 8 years.
    One day he will be proved correct.... but until then, there will be a million times that he will be proved wrong Smile

    I have been watching Stockman for few years now and no he does not Sell Gold At All.

    His Agenda is not to sell any thing but to put his prospective on US Economy.

    Would suggest you go through the video and even this one below

    https://www.youtube.com/watch?v=FweX41DH67M

    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Wed Nov 02, 2016 1:25 pm

    Russia may spend additional $11.1 bln from Reserve Fund to cover deficit this year

    More:
    http://tass.com/economy/910194
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    Hannibal Barca

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    Re: Russian Economy General News: #7

    Post  Hannibal Barca on Wed Nov 02, 2016 2:31 pm

    Austin, we all know that American economy is sick. We all know that China is the rising economy.
    Even Hillary knows that.
    What we don't know is when the next crisis is gonna hit, how it will unfold and how serious is gonna be.
    Stockman is an economic failure in what ever he tried and offers no arguments. He just repeat that they are doomed and that tomorrow morning Armageddon starts.
    He is not productive when he speaks, just repeats this again and again.
    Fact is, they carried already for too long in this condition mainly because there is no alternative for the moment.

    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Sat Nov 05, 2016 4:34 am

    Allocating part of Russian reserves in yuan will make global finances more stable — PM

    More:
    http://tass.com/economy/910577

    Project Canada

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    Re: Russian Economy General News: #7

    Post  Project Canada on Sat Nov 05, 2016 7:04 pm




    Russia enters re-industrialization stage — Medvedev

    http://tass.com/economy/910574



    Russia, Japan choose Voronezh for urban realm improvement project - minister


    http://tass.com/society/910606



    Austin

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    Re: Russian Economy General News: #7

    Post  Austin on Tue Nov 08, 2016 8:57 am

    China-Russia trade to grow to $200bn – PM Medvedev
    https://www.rt.com/business/365645-russia-china-minister-deals/

    Is A Russia-China Economic Alliance On The Horizon?
    http://www.forbes.com/sites/sarahsu/2016/11/07/is-a-russia-china-economic-alliance-on-the-horizon/print/

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