Home
Latest images
Register
Log in
sepheronx
As Sa'iqa wrote:
Graph seems to be pretty meaningless.
+37
navyfield
Hannibal Barca
As Sa'iqa
macedonian
Russian Patriot
dino00
Rpg type 7v
AlfaT8
Corrosion
ali.a.r
Hachimoto
Regular
Werewolf
gaurav
nemrod
Sujoy
Cyberspec
collegeboy16
KomissarBojanchev
medo
Mindstorm
Firebird
TR1
ricky123
TheRealist
TheArmenian
flamming_python
Viktor
Pervius
Austin
GarryB
vishal_lionheart
NationalRus
milky_candy_sugar
Admin
sepheronx
KRON1
41 posters
Russian Economy General News: #1
sepheronx- Posts : 8672
Points : 8932
Join date : 2009-08-06
Age : 35
Location : Canada
Graph seems to be pretty meaningless.
GarryB- Posts : 39673
Points : 40169
Join date : 2010-03-30
Location : New Zealand
sepheronx wrote:As Sa'iqa wrote:
Graph seems to be pretty meaningless.
Seems to me to show Capital growth in Russia that slowed during the 2008-2009 period with the Georgian war and the start of the world wide economic meltdown... if anything it shows... if reversed... the growth in the Russian economy...
TR1- Posts : 5435
Points : 5433
Join date : 2011-12-06
http://rt.com/news/okhotsk-sea-shelf-russia-038/
52,000 square KM of the Sea of Okhotsk confirmed to be part of the Russian continental shelf.
52,000 square KM of the Sea of Okhotsk confirmed to be part of the Russian continental shelf.
magnumcromagnon- Posts : 8138
Points : 8273
Join date : 2013-12-05
Location : Pindos ave., Pindosville, Pindosylvania, Pindostan
TR1 wrote:http://rt.com/news/okhotsk-sea-shelf-russia-038/
52,000 square KM of the Sea of Okhotsk confirmed to be part of the Russian continental shelf.
It's pretty much common sense that the continental shelf was Russian territory. Russia has centuries if not millenniums worth of natural resources discovered and undiscovered. Slapping sanctions on Russia means a whole list of natural resources will have it's prices arbitrarily driven up on the global commodities market. The Obama administration is doing everything it can to worsen the world economy, while he's meddling in Ukraine Obama should really worry about passing a budget and developing national jobs program.
Austin- Posts : 7617
Points : 8014
Join date : 2010-05-08
Location : India
David Stockman : Fed’s Taper Kabuki is Farce; Gong Show of Cacophony, Confusion and Calamity Coming
Austin- Posts : 7617
Points : 8014
Join date : 2010-05-08
Location : India
I was expecting something like that , S&P following US Diktat .....expect Moodys and other lap dogs to follow suite 
S & P downgraded its outlook on Russia from stable to negative
S & P downgraded its outlook on Russia from stable to negative
MOSCOW, March 20 - Prime. International rating agency S & P downgraded long-term rating of the Russian Federation in foreign currency "BBB" and a similar rating in national currency 'BBB +' from stable to negative, according to a press release from the agency.
S & P also affirmed the short-term rating of "A-2" and the national scale rating "ruAA". "The deterioration of the forecast due to the possible significant economic and financial consequences of sanctions by the EU and the U.S.", - the report says.
Hannibal Barca- Posts : 1443
Points : 1451
Join date : 2013-12-13
Grivna is collapsing. Ruble stabilized. Dollar remains weak. Chinese doing a great job supporting Russia by deflating yuan.
US will soon be forced to increase interest rates substantially. East is seriously winning the economic front in this Ukrainian crisis.
It is very funny to see this in real time the last weeks. In the morning China attacks in the evening US/EU retaliate.
US will soon be forced to increase interest rates substantially. East is seriously winning the economic front in this Ukrainian crisis.
It is very funny to see this in real time the last weeks. In the morning China attacks in the evening US/EU retaliate.
magnumcromagnon- Posts : 8138
Points : 8273
Join date : 2013-12-05
Location : Pindos ave., Pindosville, Pindosylvania, Pindostan
Austin wrote:I was expecting something like that , S&P following US Diktat .....expect Moodys and other lap dogs to follow suite
S & P downgraded its outlook on Russia from stable to negative
MOSCOW, March 20 - Prime. International rating agency S & P downgraded long-term rating of the Russian Federation in foreign currency "BBB" and a similar rating in national currency 'BBB +' from stable to negative, according to a press release from the agency.
S & P also affirmed the short-term rating of "A-2" and the national scale rating "ruAA". "The deterioration of the forecast due to the possible significant economic and financial consequences of sanctions by the EU and the U.S.", - the report says.
...Rating agencies are a joke, they claimed mortgage backed securities were rated A+++ right before the world economic collapse.
sepheronx- Posts : 8672
Points : 8932
Join date : 2009-08-06
Age : 35
Location : Canada
Austin wrote:I was expecting something like that , S&P following US Diktat .....expect Moodys and other lap dogs to follow suite
S & P downgraded its outlook on Russia from stable to negative
MOSCOW, March 20 - Prime. International rating agency S & P downgraded long-term rating of the Russian Federation in foreign currency "BBB" and a similar rating in national currency 'BBB +' from stable to negative, according to a press release from the agency.
S & P also affirmed the short-term rating of "A-2" and the national scale rating "ruAA". "The deterioration of the forecast due to the possible significant economic and financial consequences of sanctions by the EU and the U.S.", - the report says.
Lol. The same group who gives USA triple A rating. These agencies are uselss. Especially they say this after Russian market rebounded and rouble increased.
They are just trying to sabotage the Russian economy. On another note, Putin meets with the industry and trade, as well as other exonomic developers of Russia to de-offshorization of Russian economy. Pretty much what I figured will happen.
Werewolf- Posts : 5921
Points : 6110
Join date : 2012-10-24
sepheronx wrote:Austin wrote:I was expecting something like that , S&P following US Diktat .....expect Moodys and other lap dogs to follow suite
S & P downgraded its outlook on Russia from stable to negative
MOSCOW, March 20 - Prime. International rating agency S & P downgraded long-term rating of the Russian Federation in foreign currency "BBB" and a similar rating in national currency 'BBB +' from stable to negative, according to a press release from the agency.
S & P also affirmed the short-term rating of "A-2" and the national scale rating "ruAA". "The deterioration of the forecast due to the possible significant economic and financial consequences of sanctions by the EU and the U.S.", - the report says.
Lol. The same group who gives USA triple A rating. These agencies are uselss. Especially they say this after Russian market rebounded and rouble increased.
They are just trying to sabotage the Russian economy. On another note, Putin meets with the industry and trade, as well as other exonomic developers of Russia to de-offshorization of Russian economy. Pretty much what I figured will happen.
No one should care about rating agencies, they are all bank funded, the FED dictates which currency gets which rating, period. All of them are in the US or under US directive. They have zero value. This ratings have the same value as youtube "top 10 assault rifle videoes".
Austin- Posts : 7617
Points : 8014
Join date : 2010-05-08
Location : India
As expected
Fitch downgraded Russia rated "BBB" to negative
Fitch downgraded Russia rated "BBB" to negative
MOSCOW, March 21 - Prime. Fitch Ratings has downgraded long-term issuer default rating of the Russian Federation "BBB" to negative from stable, according to a press release from the agency.
In this short-term rating "F3" and the country ceiling for ratings 'BBB +' have been confirmed.
"The deterioration of the forecast due to the possible impact of sanctions on the economy and the business climate in Russia", - the report says.
Viktor- Posts : 5796
Points : 6429
Join date : 2009-08-25
Age : 43
Location : Croatia
I was wondering about when might that happen .... well here it is .... 
Russia’s wine industry begins to flourish
Russia’s wine industry begins to flourish
sepheronx- Posts : 8672
Points : 8932
Join date : 2009-08-06
Age : 35
Location : Canada
Russia in January-February increased gold production by 30%
Despite sanctions, seems businesses are opening up and trade is still up:
First trillion from Customs
Trade balance and exports
Russian subsoil mining ore and concentrates of silver production in January-February 2014 decreased by 1.3% compared to the same period of the previous year, the production of gold bullion has increased by 30%, according to Rosstat.
The extraction of natural rough diamonds increased by 9.8%. Production of palladium and its alloys increased by 12.7%, production of platinum and alloys increased by 41.7%.
In February 2014 the production of silver concentrates increased by 1.5% compared to February of the previous year, the production of gold bullion has increased by 44.3%.
Extraction of natural diamonds in February fell by 5.9%. Production of palladium and its alloys increased by 13.7%, production of platinum and alloys - grew by 35.4%.
Absolute numbers of extraction and production Rosstat does not.
Despite sanctions, seems businesses are opening up and trade is still up:
First trillion from Customs
Gathering in January-February 2014 1.045 trillion rubles. (562.5 billion rubles. February), the Federal Customs Service (FCS) reported a 17 percent increase in revenue compared with the first two months of last year.
Trade balance and exports
magnumcromagnon- Posts : 8138
Points : 8273
Join date : 2013-12-05
Location : Pindos ave., Pindosville, Pindosylvania, Pindostan
Irkutsk and Hong Kong universities to develop new generation LCD
Russia’s Irkutsk State Technical University and Hong Kong Science and Technology University have jointly won USD 1.67 million grant for the development of a new generation Liquid Crystal Display (LCD). Based on the photo-orientation technology they will consume less power and have higher resolution. This will allow higher picture quality, improved contrast, colour saturation and faster image processing.
Russia’s Irkutsk State Technical University and Hong Kong Science and Technology University have jointly won USD 1.67 million grant for the development of a new generation Liquid Crystal Display (LCD). Based on the photo-orientation technology they will consume less power and have higher resolution.
This will allow higher picture quality, improved contrast, colour saturation and faster image processing. Russian experts note that new LCD would have an extra advantage since they could also be produced on glass as well as flexible base. Photo-orientation technology is a prospective technology and global electronics majors like Sharp, Samsung and LG are already adopting it.
Read more: http://indian.ruvr.ru/2013_02_05/Irkutsk-Hong-Kong-develop/
Austin- Posts : 7617
Points : 8014
Join date : 2010-05-08
Location : India
Guys makes informative read with stastics on QE
Fisher Outs Bubbles Ben: QE Was A Massive Intended Gift To The 1%
Fisher Outs Bubbles Ben: QE Was A Massive Intended Gift To The 1%
Austin- Posts : 7617
Points : 8014
Join date : 2010-05-08
Location : India
Jim Sinclair: Russia Can Collapse US Economy, Gold Update, Silver is Gold on Steroids & More
Hannibal Barca- Posts : 1443
Points : 1451
Join date : 2013-12-13
Well the guy is just selling precious metals in Southeast Asia and has a profound interest in saying what he is saying but nevertheless his basic ideas are correct.
He is probably exaggerating or accelerating the process but yeah Dollar is the Achilles's heal of US economic condition.
US economy is simply too small to have reserve status anymore and this only gonna worsen. If they print enough dollars to cover the needs of a reserve currency they
go for depreciation and mountain of debts. If stop printing and go for the austerity to cover the debts they end up with high demand for dollar and thus deficits.
There is no solution to this simple problem but grow bigger compare to the rest of the world which is kinda impossible.
He is probably exaggerating or accelerating the process but yeah Dollar is the Achilles's heal of US economic condition.
US economy is simply too small to have reserve status anymore and this only gonna worsen. If they print enough dollars to cover the needs of a reserve currency they
go for depreciation and mountain of debts. If stop printing and go for the austerity to cover the debts they end up with high demand for dollar and thus deficits.
There is no solution to this simple problem but grow bigger compare to the rest of the world which is kinda impossible.
Austin- Posts : 7617
Points : 8014
Join date : 2010-05-08
Location : India
GarryB wrote:Likely 1/10th is used as an example because it will be the most accessible material. The other 90% will be harder to reach/extract and therefore cost more, some will never be worth extracting...
I did some digging on the reserve part and came across a 2013 official silde from Rosneft on Offshore reserves
http://rosneft.com/attach/0/02/99/cera_week_en.pdf
On page 9 of slide the total recoverable Offshore reserves is put at 275 bln BOE
Oil - 155 bln BOE
Gas - 120 bln BOE
Rough approximation in billion Tons , 1 billion Ton Oil Equivalent = 7 bln BOE , Oil is 22 Billion Ton and Gas 17 Billion Ton , that roughly matches what he said , which is 24.2 billion ton for Oil and 23.8 Trillion Cubic Meter for Gas ....perhaps additional reserves accounted for in years time.
Since they are recoverable reserves and a tenth of it cost $2.5 Trillion at today rate then the total value is ~ $25 Trilliion and thats just for Offshore near the borders !
Viktor- Posts : 5796
Points : 6429
Join date : 2009-08-25
Age : 43
Location : Croatia
Nice
Russia to launch its payment system in months, as disruption fears mount
Russia to launch its payment system in months, as disruption fears mount
sepheronx- Posts : 8672
Points : 8932
Join date : 2009-08-06
Age : 35
Location : Canada
Viktor wrote:Nice
Russia to launch its payment system in months, as disruption fears mount
Was reading on Itar-Tass that CEO of sperbank said it will rake about 6 months for Universal card to be ready.
Austin- Posts : 7617
Points : 8014
Join date : 2010-05-08
Location : India
Russia warns of investor flight
Russia expects investors to move up to $70bn (£42bn) of assets out of the country in the first three months of this year.
Russia expects investors to move up to $70bn (£42bn) of assets out of the country in the first three months of this year.
The sign that investors are becoming nervous about Russia comes amid sanctions and tensions over Ukraine.
Speaking to reporters on Monday, Andrei Klepach, Russia's deputy economy minister, also warned of stagnant growth and rising inflation.
He expects growth in the first quarter to be "around zero".
The Russian economy grew by just 1.3% last year, but Mr Klepach said it was "too soon" to talk about "a recovery from stagnation".
"There won't be a recession, but there is a problem of stagnation: it's length and depth," Mr Klepach said.
"Unfortunately the investment slump is continuing. I'm not ready to say how long it will continue."
The Russian economy ministry forecasts suggest $65-70bn of assets would be taken out of Russia this quarter, but Mr Klepach said the figure was likely to be closer to $70bn.
That would mark a significant rise on 2013, when capital outflows for the entire year totalled $63bn.
Mr Klepach said sanctions imposed by the US and EU in the wake of the Ukraine crisis had yet to have a significant impact, but said "worsening of relations is a significantly negative factor for economic growth and correspondingly influences the capital outflow."
Austin- Posts : 7617
Points : 8014
Join date : 2010-05-08
Location : India
Thats a lot of money to move out in 3 months .....compared to less that moved out in the entire 2013 !
I suspect in 2014 Russian economy will grow under 1 % may be 0.3 or may be 0.9
I suspect in 2014 Russian economy will grow under 1 % may be 0.3 or may be 0.9
Austin- Posts : 7617
Points : 8014
Join date : 2010-05-08
Location : India
An informative Interview
Stockman Joins Dr. J. and The Chief on Stocks and Jocks – Listen!
Stockman Joins Dr. J. and The Chief on Stocks and Jocks – Listen!
Viktor- Posts : 5796
Points : 6429
Join date : 2009-08-25
Age : 43
Location : Croatia
Nice
Matvienko advocated the creation in Russia of the rating agency
Matvienko advocated the creation in Russia of the rating agency
flamming_python- Posts : 9284
Points : 9346
Join date : 2012-01-30
Viktor wrote:Nice
Matvienko advocated the creation in Russia of the rating agency
Problem with Russia having its own rating agencies is that they are going to be full of $hit.
Not much point in creating your own independent ones if no-one will pay attention to them.
The Western ones at least have proven to be more or less objective. The Russian economy is rated more or less as how it is - stable despite temporary troubles, while the Ukraine is rated as how it is too - junk.
I guess it comes with the job. This sort of thing is something that they can't afford to lie about because after all investors rely on them and they have minds of their own - although I'm sure there are strings in place ready to be pulled in case political relations with Russia do worsen further.
|
|
|