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    Russian Economy General News: #9

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    Hole

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    Re: Russian Economy General News: #9

    Post  Hole on Sat Aug 04, 2018 4:47 pm

    Another point to the sanctions debate. Maybe Russia should make fun of Amiland, look at some of the sponsors of this "bill" and voice support for them in the coming elections. Laughing The media in Amiland would go nuts. "Traitors!"

    Austin

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    Re: Russian Economy General News: #9

    Post  Austin on Sun Aug 05, 2018 5:34 am

    Senators Propose New Russia Sanction Bill Targeting Oil

    https://oilprice.com/Latest-Energy-News/World-News/Senators-Propose-New-Russia-Sanction-Bill-Targeting-Oil.html
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    Hannibal Barca

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    Re: Russian Economy General News: #9

    Post  Hannibal Barca on Sun Aug 05, 2018 7:44 am

    Hole wrote:Another point to the sanctions debate. Maybe Russia should make fun of Amiland, look at some of the sponsors of this "bill" and voice support for them in the coming elections. Laughing  The media in Amiland would go nuts. "Traitors!"

    This is a great idea.
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    AlfaT8

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    Re: Russian Economy General News: #9

    Post  AlfaT8 on Sun Aug 05, 2018 5:19 pm

    Hannibal Barca wrote:
    Hole wrote:Another point to the sanctions debate. Maybe Russia should make fun of Amiland, look at some of the sponsors of this "bill" and voice support for them in the coming elections. Laughing  The media in Amiland would go nuts. "Traitors!"

    This is a great idea.

    Marvelous idea, Pepe would be proud. Very Happy

    Vann7

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    Re: Russian Economy General News: #9

    Post  Vann7 on Sun Aug 05, 2018 5:35 pm

    Austin wrote:The US Senate introduced a new package of anti-Russian sanctions

    https://ria.ru/world/20180802/1525842653.html?referrer_block=index_main_1

    The document proposes to introduce new restrictive measures, including against the Russian national debt. In addition, the bill provides for sanctions against Russian politicians and businessmen.

    "The current sanctions regime could not keep Russia from interfering in the forthcoming midterm elections in 2018. Our goal is to change the status quo and introduce crushing sanctions and other measures against Putin's Russia," said one of the authors of the bill, a Republican senator Lindsey Graham.

    According to him, the proposed measures will be "the heaviest ever introduced."

    The new sanctions will remain in force until Russia stops cyber attacks on the US and changes its policies in Syria and Ukraine, Graham added. Direct responsibility for this senator lies with Russian President Vladimir Putin.[/quote[



    РИА Новости https://ria.ru/world/20180802/1525842653.html

    IT will be a perfect opportunity if The Sanctions pass , for Putin to listen Trampolin man and cancel any cooperation with  Americans space program... that will send a message to all american people ,that their government went too far and that Russia is retaliating as consequence of the sanctions..  Also Russia disconnect their cooperation with American in the ISS too.. simply announce no more travel to the ISS to Americans ,and with the option to disconnect the space module from Russia and disconnect all the soyuz boosters from the ISS.. what this means is the total death of the Internationa space station.. it will take NASA no less than 2-5 years to get a permanent space module in space to imitate something of the research they could do in the ISS.. That way the careless Americans who don't give a shit of US foreign politics and their cold war against Russia , to start doing something positive back.. and pressure their government to drop their hostilities on Russia..  also Russia can block the airspace of Russia to any American airliner , if Russia get CIS countries help and CHINA , that could literary isolate US commercial airliners from travels across Asia.. Russia can also refuse to paid the debt they have with US banks..  This is basically an official declaration of Economic war , the beginning of a full scale economic war on Russia..   In all this attacks , Europe will play a key Role ,if they follow Americans ,and obey their demands ,then it will hurt Russia and also their own economies too.. if they ignore this sanctions , then US will become the laughing stock of the world..  Russia needs to wait for Europe reaction ,before any major move.. because energy sanctions will only hurt if Europe follows them.. The good news in all this is that is clear by now.. then even the warhawks are a bit afraid of military confrontation with Russia...saw how one of their advisors in CNN ,was saying it was a bad idea to fire diplomats.. and those channels needs to keep open..  he didn't told for what.. but is obvious to avoid a major war.. thats the role of diplomats.. the bad news is that the bill says will promote "more democracy" in Europe.. means , the new bill will include Social Unrest ,revolutions ,new Euromaidans ,in other countries important to Russia.  After Ukraine , the next to be hit will be BELARUS and Kazakistan and Venezuela too..  
    the US government is using for first time the kamikaze drones tactics to assasinate leaders of nations friendly to Russia , make no mistake ,this will repeat in other states and nations.. we will enter in a new era of Imperial Terror ,across the world ,and any nation with ties to Russia will be a target to them.. Unfortunately Russia lacks of Leadership , and Putin's lacks of Ambitions , short sight vision , complete ignorance of his mistakes in not countering US world influence ,is the reason why Russia is not a fully independent nation.  Putin on his retarded view of the world he live.. the moron really believed , Russia will be allowed to peacefully develop their nation ,making good energy deals with Europe as long they don't show signals of seeking to replace the American position in the world..  Putin the moron of the morons..on several times told in public , He is not seeking to compete with Americans with their leadership , and that US is the only superpower.. . No  how can a country ever be truly independent if his own leader is the most insecure person in the world ?  No   It had to come Austria top leadership , to tell Putin the idiot on his face.. that Russia is a Super power.. this was a clear message in front of the world.. for the MORON of Putin , to stop downplaying Russia as the imbecile is doing.. and the most embarrassing moment was when the traitor begged American companies in ST petersburg economic forum , to help him ,to restore relations with US..  Austria saying openly in a conference in front of Putin that Russia contrary of his beliefs is a Super Power , it was a clear message to Putin , teaching the moron how to Lead Russia.. as a Super Power ,not inferior to United states ..and not as second class  nation that needs permission from US to do become a leader . What Putin have been doing since he came to power ,is develop Russia economy in the easier ways possible ,one that does not require any risk. depending on Commodities trade ,mining and trading and weapons..  By turning russia economy dependent on Energy in a major significant way.. the moron had made Russia vulnerable to Sanctions from Americans.. If Putin had any major ambitions.. he will be leading an ultra cheap AND free energy revolution , at the right moment.. first develop the technology in secret and second release it.. and collapse middle east Oil business used for financing terrorism.. collapse American energy giants and US petro dollar.. by developing a free energy revolution . Cars that moves with water and solar energy , cities that operates on free energy.. is sad to see China as the only nation really pushing in this direction.. with far more ambitions than Russia.. they are building highways ,fully covered on solar panels.. and pushing in developing a really diversified economy.. from commodities ,mining to technology exports and electronic exports to alternative energy that is free to entertainment industry..  Russia needs Xi Jinping as President not Putin.. that Truly is ambitious about the future..  CHina is the nation that more is diversifying its economy of all.. China es even producing a competition for nintendo..  lol1   and their Huawei IT products and smartphones are top quality.
    and have an alternative to AMAZON. Laughing   How unfair is this world , you had the nations that could truly do a major difference in the planet , becoming lead by Insecure very short sight leader  ,that focus in meaningless things and becomes satisfied with being a follower of the western system .. and Nations that nobody really interested in their culture.. doing the opposite..and trying to reinvent themselves ,and become the next world leader. With Putin in Power ,Russia will never have a chance to ever overtake US... all the moron will do is build better weapons and keep wasting Russia budget ,praising the past achievements and promoting mediocre economy model based on hosting olympics events.  No

    I want to repeat to all the Putin fanboys.. Putin is to blame for Russia vulnerability to American sanctions..
    and developing an economy that is easy to Crush For Americans.. His worse problems , is his underestimation of his enemies and his lack of vision and ambitions ,, ie his low self steem.. You look at Putin ,what you see is a Bored man with life and someone very insecure too, this is not the kind of leadership you need for a nation for Russia. Is Putin lack of leadership , and Russia lack of leadership in business ,very timid development what holds back Europe from dropping the American system ,which is what will truly put the final nail on the US empire. US without Europe support will become a third world nation over night.. But Europe will not risk everything for an insecure backwards looking nation like Russia ., that do not show strong leadership in the world and strong civilian business development in the things that leads the world development.. Is not in sports that Russia needs to win medals ,is not in Agriculture that Russia needs to break records.. is in the Space race ..where Russia needs to be very very ambitious and win all the medals.. Is in Russia IT and semiconductor industry were Russia needs to compete with Americans , once you dethrone Microsoft and Intel and Nvidia and create a strong Entertainment industry.. it will be Game Over for the American Empire..   That use a LOT!!!! soft power , that their movies ,music and gaming industry give to them.. Russia needs to stop looking at the good old soviet times or even the Russian empire times and promote a new modern culture , while retaining its family and christian values at the core..
    But is unlikely 100 to 1 , that Putin will be ,the one who help Russia counter the American Empire.. All Putin does is take punches in the face and complain about the unfair American system.. they have chosen to follow.. instead of Creating their own System.. No  This was even told by a German business executive from a major German company investing in Russia and  ,who visited ST peterburg economic forum.  he clearly told " Russia needs an industrial revolution "...  in other words , Russia needs become an alternative to American business.. because obviously he will not be promoting Russia to replace German companies ,since is not germany that threatens Russia existence but Americans are.  Privatization of Russia energy business to Europe (germany ,italy  and France) will make useless any fight against Russia in that direction.. and be happy with the sale and taxes earned from extraction of gas.. and or charge for the pipelines use every month..  a new Internet will truly scare US business .. thats the things they will fear more.. Russia to compete with the companies American have been using more to influence the world , their high tech industry.. and their space program. and entertainment industry. in that order ,are the 2 things most important for US world leadership.

    Landing in mars (or moon) first with humans for real ,for Russia will be a home run with bases loaded , winning a championship. and contrary to the useless World cup Russia celebrated or Sochi... that people don't talk about it ,after 2 weeks and becomes totally forgotten.. Being a leader in Space and landing first on a planet.. is something that will be discussed forever and keep people excited about the future ,and promote people to study science and engineering to advance their nation development in space.

    China is moving in the right direction. and it have the most brilliant leaders in the world today.. and im not speaking about the president of China.. but about Jack MA.. the CEO of Alibaba..  This is why i tell everyone..
    americans are really really good in Business , they understand very well Leadership ,they do conferences all the time about leadership.. their economic problems is not consequences of bad leadership but instead of greed and arrogance.. trying to control the entire world is what have damaged US economy.. Imagine this Americans understand so well Leadership.. than when they see one.. they RUN and tried to recruit him..

    Why is so many important American and British important figures ,seen so friendly to Jack MA ? Obama ,Bill Clinton,Tom Cruise ,basketball players.. everyone love Jack MA.. he could be the best serious challenge for America ,if he was President of China or if the Chinesse Government followed to the letter his advices..
    Russia government and Putin needs to pay attention to Jack Ma.. why everyone listen him and trust in his
    leadership skills. this is a man with ambitions.. that knows what he is talking about..



    he was a very poor man..how came from the lowest scale of society ,that at one point requested a job at a kentucky fried chicken , and was rejected.. lol1 he later worked in a hotel , carrying bags.. he later understood that he had a need to learn and educate himself , and learn from successful people if he wanted to be someone in life.. and by observing what successful people do , and following their examples ,he became a billionaire.. Smile
    IF Putin really had an strategy and understood what Americans are doing ,how they influence the world.. he will have created a major industrial revolution as soon he came to power and privatize Russia energy industry to Europe. he can later nationalize it and get it back for free..if Europe threatens Russia nation existence. Smile

    The whole problem of Russia ,is that Putin have been unable to inspire Europe to abandon so destructive system that American have created and abandon NATO..
    but how can Europe abandon the American system, (the american empire) if Russia have not developed an alternative to it ??? No not even tried a bit.. Will Europe abandon de American Internet,, the Abandon the American High tech Industry and modern culture , for Russia healthy food ,olympics ,religion and gas discounts ? hell NO..  This is being told by JACK MA... CHINA Needs to pay attention to the Quality of their economy .
    and this advices also apply to Russia.  Putin needs to pay attention to the QUALITY of the economy.. Is not only about numbers people.. is about quality.. Is not the same thing to speak about 5% GDP economy..based on leading world technology. versus a 5% GDP economy made selling rice ,that almost any third world nation can produce. .  One of them can be easily replaced ,you can buy rice anyplace. but you can't buy high tech leading technology in every place.. only in United States.. when it comes to very high end computers. and this is Putin's Biggest Sin.. not developing Russia earlier to replace American most important business that have zero competition or alternative in the world.. The moron just went full retard and was happy with creating an Energy monopoly and ignored how important leadership in innovative business is.. Now Russia face a major backslash ,that if Americans manage to pressure Europe to stop using Russian energy or significantly cut their dependence.. then Russia will be doomed. its economy. and those 15 years that Putin wasted of his life ,developing Russia energy monopoly will be wasted for nothing..  This is an example of someone with very short sight vision of the future.. Jack Ma told it well.. pay attention to the QUALITY of the economy.. is not the same being a nation that sells lots of potatoes enough for profits..versus a nation that make profits leading the world into the future..
    Putins himself have told that his policies are aimed at  stability in Russia . and this shows how mediocre leader he is.. A real leader will not be happy with stability.. because stability is something that for the moment is stable but at any time can fall... so putin promotes an insecure nation.. good enough is not enough. Surviving and stability is not an strategy at all.. is instead a losers way of thinking. but a really backwards vision of the future.. a real leader will want not a stable nation.. but a nation that ROCKS!!!! that is AWESOME and that everyone finds a real pleasure to live. . this is how ambitious leaders talk.. not in terms of stability , but in terms of the major awesomeness that will be the nation to live... This is how you Influence the world to follow your nation . Speaking about "stability" as putin does ,shows he is really have no clue ,no strategy at all to end the problems of Russia of influence in the world..with the most developed countries ,that are important for the existences of the American empire.

    Austin

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    Re: Russian Economy General News: #9

    Post  Austin on Wed Aug 08, 2018 4:47 am

    Russian gas turbine locomotive hauls 9000-tonne train

    https://www.railjournal.com/index.php/locomotives/russian-gas-turbine-locomotive-hauls-9000-tonne-train.html

    "RUSSIAN Railways’ (RZD) GT1h-002 prototype liquefied natural gas (LNG) fuelled turbine-electric locomotive has completed a series of test runs on the Surgut - Korotchaevo line in western Siberia hauling trains with a gross weight of up to 9000 tonnes. Under the tests, which were used to determine locations for gas fuelling points, the 8.3MW double-unit locomotive hauled a 7000-tonne train over the entire length of the 636km route without refuelling. This was followed by a test a few days later on the Surgut - Limbey section which demonstrated that the locomotive could haul a 9000-tonne train over the 532km section without a fuel stop. RZD says that three fuelling stations will be needed to support regular gas-turbine operation over the length of the route.

    At present the only such facility is located near Yekaterinburg. The 100km/h GT1h-002 was built by Sinara at its Lyudinovsky Diesel Locomotive Plant, and is a development of the GT1h-001 prototype outshopped from Voronezh locomotive works in 2007. In February RZD signed an agreement with Gazprom, Sinara Group and Transmashholding to cooperate on the development of LNG traction and fuelling infrastructure with the aim of developing locomotives to haul 9000-tonne freight trains on non-electrified sections of the Sverdlovsk Railway. RZD plans to increase its gas turbine locomotive fleet from three to 22 units by 2023. Gazprom will build LNG production plants and fuelling facilities at Tobolsk and Surgut, with RZD establishing maintenance and fuelling facilities for gas turbine locomotives at Surgut and Voinovka. Between 2020 and 2022 RZD plans to begin commercial operation of 9000-tonne trains hauled by gas turbine locomotives on the 222km Voinovka - Tobolsk section, and introduce gas turbine shunters at yards in Egorshino, Voinovka and Tobolsk. RZD says its gas turbine locomotives will comply with European Union Stage V emissions standards."

    Austin

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    Re: Russian Economy General News: #9

    Post  Austin on Wed Aug 08, 2018 6:06 am

    Was reading on new Sanction list for Russia , THis looks very tough to me including stoping all USD transaction and taking away the US assets etc

    https://www.kommersant.ru/doc/3707663

    My blood boils reading through the list of proposed measure but I think this will force Russia to completely renounce USD and bring CHina and Russia closer and may be even Europe , in the long run this will turn out to be very well.

    Russia should impose 25 % tarrif on all arcraft purchased from Boeing
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    AlfaT8

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    Re: Russian Economy General News: #9

    Post  AlfaT8 on Wed Aug 08, 2018 6:58 am

    Austin wrote:Was reading on new Sanction list for Russia , THis looks very tough to me including stoping all USD transaction and taking away the US assets etc

    https://www.kommersant.ru/doc/3707663

    My blood boils reading through the list of proposed measure but I think this will force Russia to completely renounce USD and bring CHina and Russia closer and may be even Europe , in the long run this will turn out to be very well.

    Russia should impose 25 % tarrif on all arcraft purchased from Boeing

    Bhahaha,... that's a good one.
    The Europeans don't have have what it takes, they love their Sugar Daddy and can't live without his money, even if they are throwing a tantrum, they still know their place, beneath their Daddy's foot.
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    miketheterrible

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    Re: Russian Economy General News: #9

    Post  miketheterrible on Wed Aug 08, 2018 7:21 am

    Pretty much. Some EU states will do work with Russia behind the scenes but essentially it will be between domestic currencies.

    Russia will end up just having some major trade partners like China, India (this one is in question since India is rather incompetent and easily strong armed), Turkey, Iran and some African states and that is about it.

    Nothing to worry about tbh. The more this happens, the more it forces Russia to find alternatives, to build itself up without needing to export, etc.

    Russia though will have to tighten control over it's own companies too. Many if them are afraid of pissing US off so they barely invest in their own country, even if US accounts for so little of their business. So Russia has to start putting pressure on their oligarchs and tell them "you will lose your business and shirt off your back if you continue to follow US"
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    Hole

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    Re: Russian Economy General News: #9

    Post  Hole on Wed Aug 08, 2018 10:34 am

    Indians still want to please their old masters.
    Most EU leaders are puppets installed by Amiland. Even if Trump or Killary (no difference) came to Europe and would start punching them in the face they wouldn´t respond. Its in their DNA.
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    miketheterrible

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    Re: Russian Economy General News: #9

    Post  miketheterrible on Wed Aug 08, 2018 11:08 am

    Hole wrote:Indians still want to please their old masters.
    Most EU leaders are puppets installed by Amiland. Even if Trump or Killary (no difference) came to Europe and would start punching them in the face they wouldn´t respond. Its in their DNA.

    Lol

    Banging their moms and punching their dads and they just end up watching.

    Austin

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    Re: Russian Economy General News: #9

    Post  Austin on Wed Aug 08, 2018 12:42 pm

    David Stockman explains why Russia is not a threat to the US – July 23, 2018

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    Hole

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    Re: Russian Economy General News: #9

    Post  Hole on Wed Aug 08, 2018 4:23 pm

    This guy is a moron. Believes all the fake numbers his regime puts out. "Our fake GDP is ten times larger than Russias real GDP, thats why we are so much stronger!"
    Mad
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    miketheterrible

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    Re: Russian Economy General News: #9

    Post  miketheterrible on Wed Aug 08, 2018 4:49 pm

    Hole wrote:This guy is a moron. Believes all the fake numbers his regime puts out. "Our fake GDP is ten times larger than Russias real GDP, thats why we are so much stronger!"
    Mad

    Which doesn't make a difference in the end anyway if war was to ever break out. Economy is pointless at that point.

    But yes, US is very rich. They print money to infinity and use it. But what if that money ends up being seen as nothing but funny money? Then they are broke.

    Oh well, let them continue to live in their fantasy. Doesn't really matter in the end anyway. They are still afraid of Russia, no matter how much they pump out nonsense and doom/gloom stories of the nation.

    There was a term coined regarding this - Russia is poor and bad and falling apart, but at same time, its growing threat, dangerous, strong, etc. Contradictions everywhere.
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    Re: Russian Economy General News: #9

    Post  dino00 on Wed Aug 08, 2018 10:23 pm

    Vesti has great videos, documentarys with subtitles


    https://youtu.be/xTiM6k9r37s

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    Re: Russian Economy General News: #9

    Post  Austin on Thu Aug 09, 2018 4:41 am

    US to impose new sanctions on Russia over Skripal poisoning

    https://www.rt.com/usa/435468-us-new-russia-sanctions-skripal/

    A State Department official told reporters in a conference call on Wednesday that Washington informed Russia "this afternoon" about the sanctions.

    The US still wants to maintain relations with Moscow, despite the new sanctions. "We are tough on Russia, at the same time we are quite committed to working to maintain relations because there are important things at stake here," the official said, as quoted by Sputnik. London was predictably delighted and rushed to welcome Washington’s announcement of new punitive actions against Moscow. “The UK welcomes this further action by our US allies,” a spokesman for the UK Foreign Office said in a statement. “The strong international response to the use of a chemical weapon on the streets of Salisbury sends an unequivocal message to Russia that its provocative, reckless behavior will not go unchallenged.”

    The first tranche of US sanctions would reportedly ban licenses for the export of sensitive national security goods to Russia. In the past, such exports are said to have included items like electronic devices and components, as well as test and calibration equipment for avionics. These kinds of exports have previously been allowed on a case-by-case basis. The reporters were told that the second round of sanctions will reportedly kick in three months later, unless Russia provides "reliable assurances" that it won't use chemical weapons in the future and agrees to "on-site inspections" by the UN. It would reportedly include more drastic measures, such as downgrading diplomatic relations, banning the Russian airline Aeroflot from flying to the US and cutting off nearly all exports and imports."

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    Re: Russian Economy General News: #9

    Post  Austin on Thu Aug 09, 2018 4:47 am

    The Ministry of Finance spoke about the impact of US sanctions on Russia's national debt
    Text: Roman Markelov

    Demand of domestic investors will be enough for government borrowing in the planned volumes even without the active participation of foreigners in the Russian OFZ market, the Finance Ministry believes. So the department commented on today's publication of the bill on the possible expansion of US sanctions against Russia, proposed by US senators. Sanctions, in particular, can spread to the purchase of national OFZs.

    Such news is very painful for foreign holders of OFZ, the press service of the Ministry of Finance.

    "At the same time, previous initiatives of this kind with regard to Russian government bonds had no development, and the US Ministry of Finance in its report to Congress pointed out the negative effect for US investors in the event such decisions were made," the Russian ministry said in a statement.

    The Ministry of Finance agrees with the position of the Bank of Russia, where it is believed that domestic demand for Russian national debt will cover plans for borrowing without the active participation of non-residents in this market.

    "According to the latest data, apart from Russian banks, investments in OFZs are gradually increasing and pension funds, which is facilitated by the Bank of Russia's goal-oriented policy to minimize the risks of investing pension funds." This trend in increasing the volume of investments of domestic investors in Russia's public debt facilitates the replacement of foreign investors leaving OFZ, - it is noted in the message of the Ministry of Finance.

    https://rg.ru/2018/08/08/minfin-rasskazal-o-vliianii-sankcij-ssha-na-rossijskij-gosdolg.html

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    Re: Russian Economy General News: #9

    Post  Austin on Thu Aug 09, 2018 6:42 am

    New US sanctions can hit heavily on the largest Russian state-owned banks

    https://www.vedomosti.ru/finance/articles/2018/08/06/777500-sanktsii-udarit-krupneishim-gosbankam

    One of the points of the bill suggests that the US "banned all transactions with all property or shares in the property of one or more Russian financial institutions." It also lists the largest Russian state-owned banks: Sberbank , VTB , Gazprombank , Promsvyazbank , Rosselkhozbank and Vnesheconombank . The list also includes the Bank of Moscow , which finally entered VTB in 2016.

    "The most radical version of the sanctions for transactions with Russian banks, which will be sanctioned by all state-owned banks, will have significant consequences for the entire Russian economy, which may prove even more painful than measures against sovereign debt," Barclays report quotes Bloomberg . Meanwhile, the US Treasury Department in February report assessed the consequences of the sanctions against the public debt very seriously: this is an increase in the cost of loans, pressure on economic growth, the destabilization of financial markets, increased tensions in the banking sector, and the need to change fiscal and monetary policies.

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    Re: Russian Economy General News: #9

    Post  Austin on Thu Aug 09, 2018 7:53 am

    One of the points of the bill suggests that the US "banned all transactions with all property or shares in the property of one or more Russian financial institutions." It also lists the largest Russian state-owned banks: Sberbank , VTB , Gazprombank , Promsvyazbank , Rosselkhozbank and Vnesheconombank . The list also includes the Bank of Moscow , which finally entered VTB in 2016.

    How can Russia overcome this sanction ? The banking sanction seems more serious preventing any Dollar transaction with this bank etc

    The ban on Aeroflight flight to US will have serious impact on the airliner , They have many flights from Russia and other countries to various cities of US
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    Re: Russian Economy General News: #9

    Post  miketheterrible on Thu Aug 09, 2018 8:41 am

    Yes Austin, Russia is doomed, dead, cause they need USD.

    And yes, aeroflot is also doomed cause they only fly to US.

    Seriously dude, get your head out of the sand.

    Here, let me help you:

    Russia stops using USD as a trade currency. States Euros, Yuans and other. Then, states no US flights allowed over Russia. Which then becomes a major issue for major US companies as they fly over Russia a lot to get to Asia.

    Boom, done deal. Everything continues to work.

    Russian economists are not afraid of this. Dunno why you are.

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    Re: Russian Economy General News: #9

    Post  Austin on Thu Aug 09, 2018 11:11 am

    ^^ Thats not simple and straight forward as you think it is , Else RUssia would have stopped trading in USD since 2014 when sanction was applied on then.

    I dont see major issue with Debt Sanctions but this idea to stop Russia from trading in USD needs further analysis from Economist
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    Re: Russian Economy General News: #9

    Post  miketheterrible on Thu Aug 09, 2018 12:57 pm

    They already made their intentions noted of using other currencies, and have bolstered their reserves in such. It is actually rather easy to trade in non USD. Issue is if the other party is wanting USD or not. But because Russia is net exporter and not net importer, the ball is in Russia's court to decide what it will take.

    America will simply limit itself of USD exposure with this. EU already showed interest in deals to be dealt with in Euros. China and Russia grew massive trade recently between domestic currencies, Iran and Russia same thing.

    So what do you think? You think the banks will fail because they have no USD? As I said above, since Russia is net exporter, the other nations will oblige to use something other than USD since they need Russia's resources. Not the other way around

    Europe is already pissed off with US and willing to block them from harming EU companies and their foreign dealings. India said no to US as well and pumping in trade with Rupees, China is under attack from US, Iran has all sanctions on them as well, so does Syria, etc.

    Yeah, Russian banks should have opened themselves up to these other entities rather than US business. But times have changed and their hands are being forced. VTB was already sanctioned, same with gazprombank, so what has changed? Nothing.

    Ultimately, only thing that will cause serious effect for Russia, is if they are banned from SWIFT. And so far, many nations who has that kind of say, aren't for it. And even if it happens, they ha e their own alternative.

    Al's, so what if their currency to USD takes a nose dive? So what if it goes to 1USD to 10000 Rubles? It won't matter cause zero trade between the two won't affect it in the end for the nation. Russia then can control the value itself of its own currency, especially if they demand from Europe and China that they want Rubles for their own resources. And guess what happens then?

    I don't even think USD was being used for a bit now on any trade with Russia. Especially after they dumped their US debt.

    A good way to retaliate? Since Russian banks cannot deal with USD anymore, then they don't need to pay any debt that is owed to US companies. Cause, well, they cant use the money.

    Too bad, default on US based debt or freeze it, and so that $400B stays at home.

    And yes Austin, it is that easy. Since Yuan and Euro is a world trading currency and reserve currency according to IMF, yes, they can be used alternatively. As said, only if the buyer will pay in those currencies instead of USD. If they don't, too bad for them, no cheaper resources. And EU made that point - they can't afford expensive resources because - he who has the cheapest energy, wins.
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    miketheterrible

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    Re: Russian Economy General News: #9

    Post  miketheterrible on Thu Aug 09, 2018 1:21 pm

    The only people who fear these sanctions and come up with nonsense like "future energy projects are in question" is kommersant newspaper owned by fifth columnists quoting people working for foreign based (US or UK) financial companies. The rest will simply renegotiate the previous contracts under new terms and that's it.

    If anyone here truly thinks Russia will lose all of export because of US, then explain to me how Iran is able to keep it then?
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    Big_Gazza

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    Re: Russian Economy General News: #9

    Post  Big_Gazza on Thu Aug 09, 2018 1:30 pm

    Well said Mike. Stoopid Muricanz and their endless stoopid BS....
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    Godric

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    Re: Russian Economy General News: #9

    Post  Godric on Thu Aug 09, 2018 2:04 pm

    I've been saying this for the past couple of years now but Russia has to ban sales RD-180 and RD-181 rocket engines, ban the buying and selling of the US dollar and all exports done in rubles , Euros or Yuan .... stop any co operation with the USA including in Syria and the ISIS space station, America is no friend of Russia and it's no friend of the EU either ... also either ban or impose heavy tariffs for US air companies flying over Russian Federation airspace ....  it would have a massive impact on US flights to and from Asia including the lucrative japan route .... the shortest route via America to Japan flies over Sakhalin/Northern Siberia, through Alaska and Canada



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    Re: Russian Economy General News: #9

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