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    Russian Economy General News: #9

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    miketheterrible

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    Re: Russian Economy General News: #9

    Post  miketheterrible on Sun Nov 25, 2018 3:31 pm

    Kudrin is indeed in a position where he cant fuck things up for Russia....currently.  I am more concerned of what will be after Putin retires.  I am assuming he is building someone like Medvedev and or Borisov up to be next leader? But Borisov is old as well (60's). So who would make a good runner up as replacement?

    Last thing they need is another Yeltsin who will bring in Kudrin back into the position to screw things up. Plenty of other liberals with history of fucking Russia are also licking their chops to what comes after Putin since no one knows.

    This in turn creates a massive stability issue.
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    Neutrality

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    Re: Russian Economy General News: #9

    Post  Neutrality on Sun Nov 25, 2018 4:38 pm

    miketheterrible wrote:Kudrin is indeed in a position where he cant fuck things up for Russia....currently.  I am more concerned of what will be after Putin retires.  I am assuming he is building someone like Medvedev and or Borisov up to be next leader?  But Borisov is old as well (60's).  So who would make a good runner up as replacement?

    Last thing they need is another Yeltsin who will bring in Kudrin back into the position to screw things up.  Plenty of other liberals with history of fucking Russia are also licking their chops to what comes after Putin since no one knows.

    This in turn creates a massive stability issue.

    Alexey Dyumin, look him up. He's already being groomed for the position. Russians will understand what I mean.
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    Hole

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    Re: Russian Economy General News: #9

    Post  Hole on Sun Nov 25, 2018 5:33 pm

    Well, if Kudrin thinks that the relationship between the two countries will ever be better, he clearly has some mental problems.
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    GunshipDemocracy

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    Re: Russian Economy General News: #9

    Post  GunshipDemocracy on Mon Nov 26, 2018 1:15 am

    miketheterrible wrote:Kudrin is indeed in a position where he cant fuck things up for Russia....currently.  I am more concerned of what will be after Putin retires.  I am assuming he is building someone like Medvedev and or Borisov up to be next leader?  But Borisov is old as well (60's).  So who would make a good runner up as replacement?

    Last thing they need is another Yeltsin who will bring in Kudrin back into the position to screw things up.  Plenty of other liberals with history of fucking Russia are also licking their chops to what comes after Putin since no one knows.

    This in turn creates a massive stability issue.


    [/quote]


    Im sure that succession is now biggest challenge of Putin and he has been working on this longer time. We dont know his replacement yet. Removing Kudrin, Yeltsin and other liberasts by force is nto good idea. Some representatives can be even physically eliminated but then they wll become heroes and even Stalin's example proved that regardless how tight you try to control opposition some day they can kill you anyway.


    Putin lets liberasts to voice their ideas. Why not? so far they did better job in disgracing themselves in Russian society then any "medveput" propaganda.US is pissed since they cannot claim Putin is oppressing opposition. They stopped paying many of them since results of "opposition" are so poor pwnd pwnd pwnd

    Just let them speak ;-))). What Putin is trying to do is ensuring elites wont make coup after he is gone. And US influence in real politics is minimized. Rest would develop in good direction anyway.




    AS for being accountant: he basically kicks his old pals when auditing things. Accusing them about financial abuse lol1 lol1 lol1 what makes them look bad and everyone knows he is no tPutins' man so opposition cannot say anything.

    Not that stupid after all lol! lol! lol!



    -----------------------------------
    fuck this was $10billions of wasted funding. This can be cost of nice new carrier rocket or renovation of devastated factories...


    In Roscosmos commented on the data of the Accounts Chamber of violations

    They relate to inspections in 2017, explained in the state corporation

    https://tass.ru/ekonomika/5832803

    The report of the Accounts Chamber reported that in 2017, the agency revealed 151 facts of irregularities in the work of the Roscosmos State Corporation for a total of 785.5 billion rubles. The head of "Roskosmos" Dmitry Rogozin, in turn, asked the Accounts Chamber to conduct an audit of the industry and approved a plan to counter corruption for 2018-2020.


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    GunshipDemocracy

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    Re: Russian Economy General News: #9

    Post  GunshipDemocracy on Mon Nov 26, 2018 1:37 am


    Hole wrote:Well, if Kudrin thinks that the relationship between the two countries will ever be better, he clearly has some mental problems.

    such a handicap is called liberalism. No cure found yet, perhaps enforced euthanasia could help lol1 lol1 lol1




    Neutrality wrote:cAlexey Dyumin, look him up. He's already being groomed for the position. Russians will understand what I mean.

    oh, Du , du , du Spass Verderber !!! lol1 lol1 lol1

    I'm not Russian but damn why  Putin would choose general? Putin himself is colonel only Razz Razz Razz  that he graduated technical school?? that he is 20 years younger? that he was chief of Putin's security guards? that he is half way in his PhD? that he was main brain in Crimea return to homeland?that he was deputy MoD? cannot be there?  meeh

    OK he looks kinda badass too.  The only disadvantage I can see it's only 1 child Sad




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    Nibiru

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    Re: Russian Economy General News: #9

    Post  Nibiru on Mon Nov 26, 2018 2:38 am

    I have been reading about Dyumin awhile back and he seems to have a good record and more importantly a patriot, we will see in the future how things will turn out but in my opinion he seems like a good candidate to succeed Putin.
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    GunshipDemocracy

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    Re: Russian Economy General News: #9

    Post  GunshipDemocracy on Mon Nov 26, 2018 5:21 am

    Nibiru wrote:I have been reading about Dyumin awhile back and he seems to have a good record and more importantly a patriot, we will see in the future how things will turn out but in my opinion he seems like a good candidate to succeed Putin.

    me too, but he should have 3-4 kids to show even better patriotism russia russia russia
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    GunshipDemocracy

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    Re: Russian Economy General News: #9

    Post  GunshipDemocracy on Wed Nov 28, 2018 5:19 am


    Priority projects for 81 trillion rubles are presented in the framework of the Belousov initiative

    https://tass.ru/ekonomika/5841859





    MMK is ready to allocate 156 billion rubles for investment projects as part of the "Belousov Initiative"



    According to a company representative, when forming a portfolio of projects, MMK gave priority to investments in the modernization of the first redistribution

    MOSCOW, November 27th. / Tass /. The Magnitogorsk Iron and Steel Works (MMK), whose main shareholder is Viktor Rashnikov, is ready to invest 156 billion rubles of its own funds in the framework of the initiative of presidential aide Andrei Belousov.
    About this TASS on Tuesday said a company representative.

    https://tass.ru/ekonomika/5842694

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    GunshipDemocracy

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    Re: Russian Economy General News: #9

    Post  GunshipDemocracy on Wed Nov 28, 2018 5:41 am


    Putin says Russia’s involvement in global scientific process is 'matter of survival'


    MOSCOW, November 27. /TASS/. Making Russia the world’s technological leader and ensuring her participation in the global scientific process on an equal footing with the others is a matter of survival, Russian President Vladimir Putin told a meeting of the Council for Science and Education. The head of state particularly emphasized the importance of involving young scientists in this work.

    "What I’m talking about now is not just empty, beautiful words, but a matter of our existence, survival, in every sense of the word. Knowledge, technology, competence, and personnel form the basis for the implementation of our national projects and the achievement of our strategic goals," Putin stressed.

    +++

    Putin noted that in recent years "it has become possible to set up state-of-the-art laboratories, launch the mega-grant program as well as the system of support for young gifted researchers, in other words, open up new opportunities for compatriots, young and even very young ones."

    "+++


    According to the head of state, technology, education, should go through all national projects and programs, but in a concentrated form this work will be carried out within the framework of a special, separate national project "Science". He recalled that over the next six years more than 300 billion rubles will be additionally allocated for its implementation, and a total of 635 billion rubles from all sources. Putin noted that how to manage to manage these resources is crucial.


    More:
    http://tass.com/science/1032928

    Austin

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    Re: Russian Economy General News: #9

    Post  Austin on Wed Nov 28, 2018 7:07 am

    GunshipDemocracy wrote:

    Priority projects for 81 trillion rubles are presented in the framework of the Belousov initiative


    https://tass.ru/ekonomika/5841859





    MMK is ready to allocate 156 billion rubles for investment projects as part of the "Belousov Initiative"




    According to a company representative, when forming a portfolio of projects, MMK gave priority to investments in the modernization of the first redistribution

    MOSCOW, November 27th. / Tass /. The Magnitogorsk Iron and Steel Works (MMK), whose main shareholder is Viktor Rashnikov, is ready to invest 156 billion rubles of its own funds in the framework of the initiative of presidential aide Andrei Belousov.
    About this TASS on Tuesday said a company representative.

    https://tass.ru/ekonomika/5842694


    I guess they would select few from those the good ones
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    GunshipDemocracy

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    Re: Russian Economy General News: #9

    Post  GunshipDemocracy on Wed Nov 28, 2018 1:37 pm

    Austin wrote: I guess they would select few from those the good ones

    it looks like to me. Bielousov and Kozak are Putin's proven men. Putin isnot only in deeds but words saying (as in article above) money need to bring results and will be followed.



    Nabiullina advocated the development of settlements in rubles without coercion


    MOSCOW, November 28th. / Tass /. Calculations in rubles should be developed on the basis of the principle of profitability for the participants of the process, and not by force, said the head of the Bank of Russia Elvira Nabiullina, speaking at the VTB Capital forum “Russia is calling!”.

    "So that the ruble was attractive for calculations, there must be confidence that the purchasing power of the ruble is not depreciated. This is low inflation and low volatility of the ruble for use in international payments. Calculations in rubles should be developed based on the principle of profitability for participants in the process and not administratively, not forcing. Our policy is also aimed at this, primarily due to the achievement of price stability, a floating exchange rate, "the head of the Central Bank noted.

    https://tass.ru/ekonomika/5844111



    HOUSE.RF and VTB Bank will issue mortgage bonds for 500 billion rubles in the framework of the "ICB Factory"

    It is noted that the securities will be provided with pools of mortgage loans issued by the VTB Group

    What is the "MBS Factory"?
    The “ICB Factory” is a mechanism for refinancing mortgage lending through the issuance of single-tranche mortgage-backed securities (ICB) with a guarantee of DOM.RF on a program basis. The new security will make it possible to solve the problem of standardization of mortgage-backed securities by the level of risk in order to bring it closer to the level of risk on OFZ and with a yield higher than OFZ. The mechanism involves a standardized procedure for the quick "packaging" of mortgage loans issued by one or more lenders in securities. It is planned that non-state pension funds, Russian banks and foreign investors, as well as management and insurance companies, large private investors will become key investors in new mortgage securities.

    https://tass.ru/nedvizhimost/5844799

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    Walther von Oldenburg

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    Re: Russian Economy General News: #9

    Post  Walther von Oldenburg on Wed Nov 28, 2018 7:22 pm

    <dreaming mode on>
    Hey, what about grooming a leader of Russia?

    You select several dozen high school students - from top 0.5-1% best students in the country. You put them in a specialized school where they learn about politics, economy, diplomacy and military science under individual tutorship of the most eminent specialists in the country. Then after graduating they would go on an apprenticenship program in various ministries and the one with highest leadership potential would (after undergoing a psychological evaluation) become an apprentice of the President of Russia and learn the craft for a few years. With such a system Putin could have a viable successor younger than 30 years old. Very Happy


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    George1

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    Re: Russian Economy General News: #9

    Post  George1 on Thu Nov 29, 2018 12:32 am

    Supermarket retailer Auchan top foreign company in Russia again, Forbes reports

    Japan Tobacco International came in second, trailed by Philip Morris International

    MOSCOW, November 28. /TASS/. French supermarket retailer Auchan has once again topped the list of the largest foreign companies in Russia by Forbes. Its revenue totaled 356.1 bln rubles ($5.3 bln) in 2017.

    According to Forbes, the list consists of companies that are more than 50% owned by foreigners, and are ranked in the order of their total revenue from last year.

    The final revenue figure included all of the foreign company’s assets in Russia, Forbes said in a statement.

    Japan Tobacco International came in second (289.2 bln rubles, or $4.3 bln), trailed by Philip Morris International (276.2 bln rubles, or $4.1 bln).

    A Russian branch of carmaker Toyota Motor ranks fourth in the Forbes list with its 2017 revenue of 272 bln rubles ($4.04 bln). Volkswagen Group Rus came in fifth, its revenue totaled 237.6 bln rubles ($3.53 bln) last year.

    Others also making it to the top ten are retailer Metro (Metro Cash & Carry Russia). It came in second in Forbes' previous list, but now ranks sixth with revenues totaling 231.6 bln rubles ($3.43 bln), trailed by Leroy Merlin Vostok (226.7 bln rubles, or $3.36 bln), British American Tobacco (201 bln rubles, or $2.98 bln), PepsiCo (189.4 bln rubles, or $2.81 bln), and the Russian branch of furniture retailer Ikea (173.2 bln rubles, or $2.57 bln).


    More:
    http://tass.com/economy/1033108
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    franco

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    Re: Russian Economy General News: #9

    Post  franco on Thu Nov 29, 2018 12:47 am

    Walther von Oldenburg wrote:<dreaming mode on>
    Hey, what about grooming a leader of Russia?

    You select several dozen high school students - from top 0.5-1% best students in the country. You put them in a specialized school where they learn about politics, economy, diplomacy and military science under individual tutorship of the most eminent specialists in the country. Then after graduating they would go on an apprenticenship program in various ministries and the one with highest leadership potential would (after undergoing a psychological evaluation) become an apprentice of the President of Russia and learn the craft for a few years. With such a system Putin could have a viable successor younger than 30 years old. Very Happy

    Obviously not a student of Andropov Suspect
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    Hole

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    Re: Russian Economy General News: #9

    Post  Hole on Thu Nov 29, 2018 9:35 pm

    Jon Hellevig strikes again.




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    PapaDragon

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    Re: Russian Economy General News: #9

    Post  PapaDragon on Fri Nov 30, 2018 1:34 am


    Here be whole thing:

    Russia’s Economy Strong and Stable – Cold War, Arms Race, Liberals, and Other Challenges

    https://russia-insider.com/en/russias-economy-strong-and-stable-cold-war-arms-race-liberals-and-other-challenges/ri25508
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    Hole

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    Re: Russian Economy General News: #9

    Post  Hole on Fri Nov 30, 2018 10:52 am

    Or go directly to awaragroup.com Wink
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    miketheterrible

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    Re: Russian Economy General News: #9

    Post  miketheterrible on Sun Dec 02, 2018 4:32 am

    https://sdelanounas.ru/blogs/114730/

    Import substitution. November 2018

    https://sdelanounas.ru/blogs/114728/

    The Ministry of industry and trade: Russian exports of light industry products grew in 2018 8%
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    GarryB

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    Re: Russian Economy General News: #9

    Post  GarryB on Sun Dec 02, 2018 10:01 am

    You select several dozen high school students - from top 0.5-1% best students in the country. You put them in a specialized school where they learn about politics, economy, diplomacy and military science under individual tutorship of the most eminent specialists in the country. Then after graduating they would go on an apprenticenship program in various ministries and the one with highest leadership potential would (after undergoing a psychological evaluation) become an apprentice of the President of Russia and learn the craft for a few years. With such a system Putin could have a viable successor younger than 30 years old.

    Putin is not a genius, he just does not give in to bullies or bullying, and is doing what is right for Russia and Russians.

    If he was much much smarter he might think his best bet is to fold to western demands, screw Russia, and live a great life being loved and adored by the western world while being despised by all patriotic Russians... I mean it would make sense to be hated by 150 million Russians and loved by the hundreds of millions in the western world and the billions that see what its media wants them to see...

    A good replacement must have Russias interests at heart, must not be rash or easily angered, and certainly not easily goaded into doing stupid things by provocations. He or she would not need to be able to play chess but have the perfect temperament to be a good player if they did.

    Kasparov proves being a chess player alone is simply not enough and loyalty to Russia and Russians is much more critical than intelligence... but of course being above intelligence of US and western leaders would be an advantage... and probably hard to fail to achieve...

    I just ordered some things from Russia... a scope and a laser rangefinder and a few other bits and bobs... cost 20,000 roubles... which worked out to be about $460 NZ dollars... I paid in roubles using my Visa card... screw the US.

    Hope it arrives before christmas...
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    Nibiru

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    Re: Russian Economy General News: #9

    Post  Nibiru on Thu Dec 06, 2018 2:17 pm




    PM says domestic investment can drive Russia's economic growth


    MOSCOW, December 6. /TASS/. Russia’s national economic development can be bolstered by its own investments above all things, Prime Minister Dmitry Medvedev said in an interview with Russian TV channels.

    "The growth of the national economy can be first of all driven by its own investments - investments that appear as a result of economic development. Foreign investments, with all due respect and our aspiration to obtain them, are still a secondary source," he noted when asked about sources of investment amid sanctions.

    Overall, the premier described Russia’s economy as being ‘strong’. "Overall we have a strong economy, an economy of a rapidly developing country, which is why we should focus on our own sources of development. However, that does not mean, of course, that foreign investments are no longer welcome. Obviously, we will try to maintain all that has been done over the past years, including the investment climate, and, of course, improve it," Medvedev explained.

    "(Russian) economy is market-oriented, of course, open, with operations based on familiar concepts, nothing has changed here. However, obviously we are obliged to monitor what is happening, and the state is obliged to interfere in the process in certain situations," he said when asked whether some government’s actions can be referred to as manual control of the market.

    Trade wars

    Trade wars cost the global economy $0.5 trillion, he said.

    "All quiet on the Western Front. Sanctions remain in place, this is a phenomenon of today. Trade wars already cost the global economy as much as $0.5 trillion, the real economic growth. Our trade with the EU and several other states lost nearly $100 billion because of sanctions that had been imposed on our country and our counter-measures. Not good," he stated, pointing out that since sanctions are maintained, there are Russia’s counter-measures, which even benefited several branches of the national economy.


    "There can be no monopoly, or - as our friends like to say - no hegemony," he said. In this connection, Medvedev mentioned the US dollar as a reserve currency. "The dollar undoubtedly is the world’s major reserve currency but let us look back some 100 years and we will see that there was the British pound, the German deutsche mark competed with it, and today, the yuan is rapidly developing as, in fact, a reserve currency," he noted.

    According to the Russian prime minister, it is more difficult to outline a common global approach to economic issues than it used to be in the past, and referred to one of the past G20 summits. "When the 2008 crisis broke out, we all gathered together and said: a crisis has emerged, the situation is bad, but look, we are all sitting together at one table," he said.

    According to Medvedev, then US President Barack Obama was very glad to see the leaders of Russia and China at that meeting. "We managed to overcome the consequences of the first wave of the 2008-2009 crisis but now, issues rooted in the global trade crisis have grown. Now, the United States is waging trade wars against China and the European Union, let alone our country," he stressed. The Russian prime minister was confident that "it is harmful for the principles of global trade."

    "Some top officials, including those in the US, went as far as to say that the WTO is useless, all these principles must be abandoned and partnerships must be dissolved. But then a question arises, what rules will remain?" Medvedev said.

    De-dollarization

    "De-dollarization in general does not mean abandoning the dollar. The dollar is certainly the most important world currency, the most important reserve currency, and there will be no ban on the dollar’s circulation - within the limits set by law - in our country. People will be able to freely place money in dollars, free to sell dollars, exchange them into rubles and other currencies. No one has ever had such ideas, they are absurd and contradict economic rules," he said.

    At the same time, Medvedev noted that Russia needs to engage in de-dollarization, "simply because we have to focus on our currency." "It’s more profitable for us to pay in rubles, it’s more profitable for us to establish relations with other countries in rubles," the Prime Minister said.

    Russian Foreign Minister Sergey Lavrov said earlier that Russia considers it important to continue working on expanding settlements in national currencies. "We must continue vigorous work on further geographical diversification of external economic relations, primarily through deepening cooperation with Asian countries, as well as Latin America and Africa. Russian embassies in these countries are counting on bringing attention of business to dynamic markets, they regularly formulate specific proposals for this, and we see that these proposals are of increasing interest among Russian economic operators," Lavrov said.

    Russian Presidential spokesman Dmitry Peskov told reporters earlier that the process of de-dollarization of the Russian economy cannot be short-term, but there are trends towards expanding the use of national currencies in international payments.

    "This is a very complicated process. President Putin earlier has talked about the need to expand the practice of using the national currency, the ruble, in settlements with external partners and to reduce the share of the dollar in total volume of international payments. This is a process that cannot be short-term, it is time-consuming. It is a long and painstaking work," Peskov said.

    At the same time, he drew attention to the fact that now there is a "tendency to expand the volume of payments in national currencies in various areas."

    In September, Head of VTB Andrey Kostin stated that he considers inevitable for Russia and a number of other countries to transition to settlements in national currencies and refuse settlements in dollars if the United States continues to use the dollar "as a weapon."

    http://tass.com/economy/1034621

    Austin

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    Re: Russian Economy General News: #9

    Post  Austin on Fri Dec 07, 2018 8:57 am

    Full interview of Medvedev

    https://rg.ru/2018/12/06/cifrovaia-ekonomika-sozdaetsia-liudmi-i-dlia-liudej.html

    On their own


    The implementation of the national development goals in the next six years will require 23 trillion rubles. “This money was found,” the Prime Minister guaranteed. For this, it was necessary to redistribute the sources of funding for a number of programs and find additional revenues that would have a painless effect on the economy. In the end, as you know, the government stopped at the option with an increase in the value added tax by 2 percent.

    This decision, of course, did not make business happy, but the national economy, especially in modern conditions, when Russia is restricted in access to external financial markets and technologies, can be developed only through its investments. “You should always rely on yourself first of all,” the head of the cabinet believes. “On the strength of our economy, on the processes that are taking place in industry and agriculture. See what we have done lately, what results we have achieved. I am always proud I am talking about this and I am not ashamed of it at all. "

    Austin

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    Re: Russian Economy General News: #9

    Post  Austin on Fri Dec 07, 2018 8:58 am

    He spoke about 12 National Project and investment of 23 trillions  thats huge money for 6 years.

    Any idea what these 12 national project are ?

    Austin

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    Re: Russian Economy General News: #9

    Post  Austin on Fri Dec 07, 2018 9:17 am

    [size=55]200 percent better: where the government draws its optimism[/size]


    By 2024, the government, according to Medvedev, promises to spend 23 trillion rubles on infrastructure and 12 priority national projects. For comparison, the program of rearmament of the army approved by the president and the purchase of weapons for law enforcement agencies for the years 2018-2027 provides for the expenditure of 22 trillion rubles.

    Austin

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    Re: Russian Economy General News: #9

    Post  Austin on Fri Dec 07, 2018 9:17 am

    https://rns.online/economy/Profitsit-vneshnei-torgovli-v-Rossii-v-yanvare-oktyabre-sostavil-1708-mlrd-2018-12-07/


    The surplus of foreign trade in Russia in January - October amounted to $ 170.8 billion









    The foreign trade surplus of Russia in January - October 2018 amounted to $ 170.8 billion, which is $ 67.6 billion more than in the same period of 2017, according to the Federal Customs Service (FCS).
    “The balance of trade balance was positive in the amount of $ 170.8 billion, which is $ 67.6 billion more than in January-October 2017,” the report says.
    During the reporting period, foreign trade grew by 20% in annual terms and amounted to $ 567 billion.
    Russia's exports for 10 months of 2018 in annual terms increased by 28.2% to $ 368.9 billion. The basis of Russian exports were fuel and energy products, whose share in the export commodity structure was 64.4% against 60.7% in January - October 2017.
    During the reporting period, Russia's imports grew by 7.3% in annual terms - up to $ 198.1 billion. the same period of 2017.
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    GunshipDemocracy

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    Re: Russian Economy General News: #9

    Post  GunshipDemocracy on Sat Dec 08, 2018 4:27 am

    Export support rules for industry of the Russian Federation are planned to be developed by the end of 2018

    https://tass.ru/ekonomika/5887394



    The number of Russians living below the poverty line fell by 700 thousand in January-September.

    In the first nine months of 2018, the number of Russians living below the poverty line was 19.6 million
    https://tass.ru/ekonomika/5886465




    Austin wrote:[size=55]200 percent better: where the government draws its optimism[/size]
    By 2024, the government, according to Medvedev, promises to spend 23 trillion rubles on infrastructure and 12 priority national projects. [/size][size=18]For comparison, the program of rearmament of the army approved by the president and the purchase of weapons for law enforcement agencies for the years 2018-2027 provides for the expenditure of 22 trillion rubles

    meh why will treat missiles as roads lol1 lol1 lol1 Seriously I dunno - take some from reserves, attract investors form Asia? and of ocurse invest own soruces form balanced "not leaking" economy?

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    Re: Russian Economy General News: #9

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      Current date/time is Tue Dec 11, 2018 11:25 am