Russian Economy General News: #5

Prince Darling wrote:

Project Canada wrote:Russia begins mass destruction of illegally imported food

http://www.rt.com/business/311759-russia-food-embargo-destruction/


I dont know why it is such a big issue for some people in Russia (mostly opposition) when the ruble is trading like 60 per US dollar, I know it's lost its value but why even bother compare it to the US dollar? an Enemy currency, a currency of a nation that has limitless hostilities against Russia! this is the primary reason why Putin should work double time to thrash the US economy and demolish it completely from it's current position as the dominant economic power in the world.

russia isnt really connected to the us economy so the potential for thrashing is very limited, the us potential for thrashing is primarily through the financial system, so being a member in key alternative financial institutions is the best antidote you can have, some good moves have been made on the BRICS level.

oh yeah and the destroying food idea is pretty bad, why destroy when you can confiscate and use the food if its not suitable for people, you can use at least some of it to feed livestock or if nothing else donate it as scraps to compost producers or something, just dont burn and waste it

Burn the fucking crap!!!

If left around it will get smuggled in anyway and put local producers in unfair disadvantage.

Otherwise, what is the point of import ban?

And yeah, fuck the EU!


EDIT:   If EU rednecks want to export their subsidised, overadvertised, overpriced shit to Russia then they better vote in some less retarded politicians in office first.

Western media trying to downplay significant results of Russian embargo to western food produce and making it look like the decision has made the situation worse for Russian farmers!

Russian farmers not reaping benefits from Western produce embargo

Novoye Seltso (Russia) (AFP) - Milking a stubborn goat at her farm just outside Moscow, Larisa Sukhanova says she's worried about the future of her milk business as a year-old embargo on Western foodstuffs fails to yield a promised bonanza for local farmers.

While authorities present the embargo enacted in reprisal for Western sanctions over Ukraine as an opportunity to develop the country's flagging farming sector, analysts say the crippling economic crisis roiling the country, and years of the state's neglect of agriculture, have seen local producers struggle to make gains.

http://news.yahoo.com/russian-farmers-not-reaping-benefits-western-produce-embargo-102048257.html

These so called Experts and Analysts must be specializing in the field of deceit, lies and misinformation! the GRU/SVR should set up a special team to hunt down and decapitate these propaganda pigs

Project Canada wrote:Russia begins mass destruction of illegally imported food

http://www.rt.com/business/311759-russia-food-embargo-destruction/

Related news in Russian. 300 tonnes of illegal apples was burned.

https://eadaily.com/news/2015/08/07/syr-myaso-frukty-bolee-300-tonn-sankcionnoy-produkcii-unichtozhili-v-rossii-za-odin-den

Project Canada wrote:Western media trying to downplay significant results of Russian embargo to western food produce and making it look like the decision has made the situation worse for Russian farmers!

Russian farmers not reaping benefits from Western produce embargo

Novoye Seltso (Russia) (AFP) - Milking a stubborn goat at her farm just outside Moscow, Larisa Sukhanova says she's worried about the future of her milk business as a year-old embargo on Western foodstuffs fails to yield a promised bonanza for local farmers.

While authorities present the embargo enacted in reprisal for Western sanctions over Ukraine as an opportunity to develop the country's flagging farming sector, analysts say the crippling economic crisis roiling the country, and years of the state's neglect of agriculture, have seen local producers struggle to make gains.

http://news.yahoo.com/russian-farmers-not-reaping-benefits-western-produce-embargo-102048257.html

These so called Experts and Analysts must be specializing in the field of deceit, lies and misinformation! the GRU/SVR should set up a special team to hunt down and decapitate these propaganda pigs

Articles like this are symptom of something I have been saying for a while.

Russia is rapidly developing their agricultural sector and they have made huge progress in space of just one year.
At this rate several years from now, they will become major food exporter and will flood entire Europe with cheap products that will massacre European agricultural industry.

This will have disastrous ripple effect across the entire continent.

EU morons are simply realizing the stupidity of sanctions against Russia as reality is slowly sinking in. These articles are there simply to keep public from tearing them a new one while they try to improvise their way out of this sh*tstorm...

Project Canada wrote:Western media trying to downplay significant results of Russian embargo to western food produce and making it look like the decision has made the situation worse for Russian farmers!

Russian farmers not reaping benefits from Western produce embargo

Novoye Seltso (Russia) (AFP) - Milking a stubborn goat at her farm just outside Moscow, Larisa Sukhanova says she's worried about the future of her milk business as a year-old embargo on Western foodstuffs fails to yield a promised bonanza for local farmers.

While authorities present the embargo enacted in reprisal for Western sanctions over Ukraine as an opportunity to develop the country's flagging farming sector, analysts say the crippling economic crisis roiling the country, and years of the state's neglect of agriculture, have seen local producers struggle to make gains.

http://news.yahoo.com/russian-farmers-not-reaping-benefits-western-produce-embargo-102048257.html

These so called Experts and Analysts must be specializing in the field of deceit, lies and misinformation! the GRU/SVR should set up a special team to hunt down and decapitate these propaganda pigs

Oh yeah ofcourse. Farmers screaming at the top of their lungs in Brussels that they are losing businesses left and right. Must be Kremlin paid agents dressed up like European farmers.

sepheronx wrote:What is funny is their statements like "wont invest because it will take years to profit from the investment in beef". I dont know who they are trying to fool but all investments of any type take years to profit from the initial investment.

And once the facility is running, the goods will be sold on the market as local will get priority these days and will be cobtinuous work.

Beef? They picked the beef as poster boy for their bullsh*t?!?! (pun intended )

Don't speak the language myself but every third article these days on sdelanounas.ru has picture of a cow under the headline.
And, as Cowboy's Daughter can atest, picture of a cow can mean only one of three things: beef, milk or rodeo.

And I'm pretty sure that, in Russia, hockey>rodeo...

USA sharpened sanctions against Gazprom. Now Gazprom can't receive technologies necessary for exploration and obtaining of gas and oil in the Sakhalin project. This blatantly shows that this sanctions politics has nothing to do with the war in Ukraine and everything with the USA using scumbag methods to push out competition out of the oil market.

I say the time has come to completely destroy the American space industry. Force Roskosmos to stop the delivery of RD-181 engines and look for other partners to sell. I think China and India would be interested.

Neutrality wrote:USA sharpened sanctions against Gazprom. Now Gazprom can't receive technologies necessary for exploration and obtaining of gas and oil in the Sakhalin project. This blatantly shows that this sanctions politics has nothing to do with the war in Ukraine and everything with the USA using scumbag methods to push out competition out of the oil market.

I say the time has come to completely destroy the American space industry. Force Roskosmos to stop the delivery of RD-181 engines and look for other partners to sell. I think China and India would be interested.

The most effective countermeasure would be to introduce an titanium embargo on NATO states, and cut a deal with China to make up the difference with a 25-50% mark up. It's the most effective way to weaken NATO's airpower, much more effective than any military system that Russia or any country could produce, and it'll give China a 'strategic bottleneck' and leverage it could use against the US and Japan. As I said before Boeing who just so happens to be heavily invested in the NATO ABM's, is heavily reliant on Russia for titanium...so reliant that Russia provides at least 40% of the titanium for Boeing, and a good portion of it's landing gear.

The level of arrogance that orbits Boeing's 'chairman of the board', for them to be the main contractor for the GBI Euro Meatshield that threatens Russia, while simultaneously being reliant on Russia for at least 40% of it's titanium, as well as rocket engines that power their Atlas V rockets, as well as maintaining the ISS.

Well, well, looks like someone else also agrees with me...

''Anti-Russian Sanctions May Revive Food Super-Power on Global Market''

http://sputniknews.com/business/20150807/1025512579.html

Neutrality wrote:USA sharpened sanctions against Gazprom. Now Gazprom can't receive technologies necessary for exploration and obtaining of gas and oil in the Sakhalin project. This blatantly shows that this sanctions politics has nothing to do with the war in Ukraine and everything with the USA using scumbag methods to push out competition out of the oil market.

I say the time has come to completely destroy the American space industry. Force Roskosmos to stop the delivery of RD-181 engines and look for other partners to sell. I think China and India would be interested.

Meh , Gazprom is most recognizable brand so that makes them default whipping boy but it is just delaying the inevitable. That equipment will be either manufactured locally or bought some other way but outcome will be the same.

No need to get upset over trivialities...

Neutrality wrote:USA sharpened sanctions against Gazprom. Now Gazprom can't receive technologies necessary for exploration and obtaining of gas and oil in the Sakhalin project. This blatantly shows that this sanctions politics has nothing to do with the war in Ukraine and everything with the USA using scumbag methods to push out competition out of the oil market.

I say the time has come to completely destroy the American space industry. Force Roskosmos to stop the delivery of RD-181 engines and look for other partners to sell. I think China and India would be interested.

magnumcromagnon wrote:The most effective countermeasure would be to introduce an titanium embargo on NATO states, and cut a deal with China to make up the difference with a 25-50% mark up. It's the most effective way to weaken NATO's airpower, much more effective than any military system that Russia or any country could produce, and it'll give China a 'strategic bottleneck' and leverage it could use against the US and Japan. As I said before Boeing who just so happens to be heavily invested in the NATO ABM's, is heavily reliant on Russia for titanium...so reliant that Russia provides at least 40% of the titanium for Boeing, and a good portion of it's landing gear.

The level of arrogance that orbits Boeing's 'chairman of the board', for them to be the main contractor for the GBI Euro Meatshield that threatens Russia, while simultaneously being reliant on Russia for at least 40% of it's titanium, as well as rocket engines that power their Atlas V rockets, as well as maintaining the ISS.

Uhh no

You know what's arrogant?

Cutting yourselves out of a market and pretending that by so doing you're hurting the other guy's economy; because you're so important and your technologies are so precious and no-one else can produce what you're producing.

That's exactly what the US and EU have done, and it's turned out to be a mistake that's hurting their own companies and pushing Russia to develop domestic alternatives and give business and partnerships to rapidly rising producers in Asia.
Russia then responded not by cutting out it's own companies from Western markets; but by cutting out even more Western producers from Russian markets - agricultural prodeucers in this case.
Result? Russia 2 : US/EU 0.

What Russia shouldn't do, is commit the same mistake as the US and EU.
Delivering engines is good business.
Delivering titanium is good business.
Any deals, where Russia actually sells high-value added, innovative goods to any market - is good business.

There is absolutely no reason to stop it. What would the objective be exactly? Yeah, just like in Russia's case, Boeing and NASA and so on would be temporarily hurt, they will take loses, etc... But just like Russia, in the longer run, they will develop or source their own alternatives - Russia is no more irreplacable to anyone than the West is; a lot less so actually.
And when they do come up with alternatives; they won't go back to doing business with Russia again. Boeing has invested a lot in Russia. Not just titanium; they have R&D centres here, JVs and some other projects. This is a very mutually profitable partnership; it doesn't matter how bad the government relations are, this is business FFS. And being part of whatever American defence projects is business for Boeing too. It's a corporation, the politics of this or that don't interest it.

Some of you guys are willing to chuck away some of Russia's most profitable business ventures and biggest customers for the sake of some short-term political capital.
Only the West is dumb enough to do that, no need to follow it to the abyss.

Project Canada wrote:the GRU/SVR should set up a special team to hunt down and decapitate these propaganda pigs

No need for that, Russian people doesn't believe Western propaganda anymore. Let them say whatever stupidity they want, that only a very small fraction of Russians will ever care.

I agree that Russia should not throw any tantrums. It should retaliate by banning yet more NATO imports. Every $1 saved on
imports becomes $2 of GDP gain if it is spent on domestic production (the increment goes from -$1 to +$1).

As for oil drilling tech, I find the tone of the media coverage bizarre. It is as if Russia is trapped in a 1991 timewarp just
in that oil and gas industry. As if nothing has been done to retool this industry and associated industries. This is just
pure nonsense. Russia even bought out drilling tech support companies about 10 years ago. It already has the technology
and the capacity to build it. I am quite sure that the progress since 1991 is similar to many other areas of the economy
such as computers. It has the latest 3D tomography and maximal contact drilling tech. And don't forget that Russia
was not a zero in terms of drilling tech in 1991. The USSR drilled the deepest boreholes in the world. You can't do this
without custom hardware. I do not believe for a moment that Russia lost its R&D capacity. This is a strategic industry
and just like missile design, Russia has not stood still over the last 25 years.

kvs wrote:I agree that Russia should not throw any tantrums.   It should retaliate by banning yet more NATO imports.   Every $1 saved on
imports becomes $2 of GDP gain if it is spent on domestic production (the increment goes from -$1 to +$1).

As for oil drilling tech, I find the tone of the media coverage bizarre.   It is as if Russia is trapped in a 1991 timewarp just
in that oil and gas industry.   As if nothing has been done to retool this industry and associated industries.   This is just
pure nonsense.    Russia even bought out drilling tech support companies about 10 years ago.   It already has the technology
and the capacity to build it.   I am quite sure that the progress since 1991 is similar to many other areas of the economy
such as computers.   It has the latest 3D tomography and maximal contact drilling tech.   And don't forget that Russia
was not a zero in terms of drilling tech in 1991.   The USSR drilled the deepest boreholes in the world.   You can't do this
without custom hardware.   I do not believe for a moment that Russia lost its R&D capacity.    This is a strategic industry
and just like missile design, Russia has not stood still over the last 25 years.

I agree too. Plus the Western companies whose products are now potentially sanctioned still want to make the sales and many will go to great lengths to make sure that they still do, especially as much of the world is ignoring the sanctions, earning themselves a visit from their US ambassador pleading.

Russia isnt the only country having titanium . period .

PapaDragon wrote:
Well, well, looks like someone else also agrees with me...

''Anti-Russian Sanctions May Revive Food Super-Power on Global Market''

http://sputniknews.com/business/20150807/1025512579.html

I was on the Sputnik facebook page and when I got to that article someone posted this:

http://edition.cnn.com/2015/08/04/europe/russia-locust-swarms/

is this real or just some more sensationalist BS propaganda?

No need for that, Russian people doesn't believe Western propaganda anymore. Let them say whatever stupidity they want, that only a very small fraction of Russians will ever care.

I do hope that the situation stays that way, it seems Russia's enemies are experts in the field of deception and propaganda

^ Wow, CNN must be getting desperate to go for locusts... I men, that is some hard-core biblical sh*t right there.


Do they know that locusts are also edible? They say that it is the next big thing in gastronomy...

Georgia rejects anti-russian Sanctions-PM

http://tass.ru/en/world/812944


US extends sanctions against Russia to marine oil and gas field

http://tass.ru/en/economy/813165

http://www.customs.ru/index2.php?option=com_content&view=article&id=21492&Itemid=1981

January-June 2015 figures:

exports: $183 billion, down 28.8% (from $257 billion)
imports: $87.7 billion, down 39.5% (from $145 billion)

So why isn't Russia's GDP shrinking fast? The imports went down from $145 billion to $88 billion. That is $57 billion
which at the very least offsets $57 billion of the exports and leaves a net trade drop of $17 billion. But as I pointed
out above, any fraction of the $57 billion in import reduction that is diverted to domestic spending counts for a gain.
So in all likelihood the Russian GDP is seeing a net positive change from the trade adjustment. The $17 billion gap is really
not there.

Russian Carriers Struggle as Sanctions Drag Economy Down