I think the impact of sanctions on Russia's economy is a complex issue, and their effectiveness will depend on a variety of factors, including the nature and scope of the sanctions, the resilience of the targeted economy, and the political will of the country being sanctioned to make necessary changes.
According to The Moscow Times, Russian Finance Minister Anton Siluanov, at a meeting with Putin, spoke about problems with filling the Russian budget, which can no longer be hidden. According to the Ministry of Finance, in the first four months of this year, oil and gas tax revenues halved at once - to 2.3 trillion rubles, while total revenues fell by 22% - to 7.8 trillion rubles. Russian budget expenditures turned out to be 1.4 times higher than revenues. This led to the fact that the treasury deficit as of the beginning of May amounted to 3.4 trillion rubles. Siluanov acknowledged that the reduction in raw material revenues was caused by the current situation on the market and the discounts that Russian oil companies are forced to make for customers. The Russian authorities planned that the budget deficit for the current year would be 2% of GDP (2.9 trillion rubles). This number is in the law. However, analysts predict that in reality the hole could reach 4% of GDP (4-5 trillion rubles). Meanwhile, gas prices in Europe have fallen to the region of $360 per thousand cubic meters. These are no longer just pre-war levels, the current price is 10 times lower than the peak values observed in 2022. The situation for Russia will continue to deteriorate exponentially, as the fall has affected all spheres of life in this aggressive country. And there is no quick way out of this situation. |
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Now all the news is writing about a possible default, is it real in the modern world, or is it information propaganda? How do you feel about this situation and what will happen for the rest of the world, you should be afraid of inflation or subsidence of the entire market. how to act in this situation and not lose money? It is worth now to run to withdraw money from the account or change it to the currency of other states. What kind of alignment awaits and what to analyze in general. Perhaps the extreme situation is a technical default, which does not pose a particular threat, but you need to prepare for non-standard options for the development of events.
I don't remember exactly how many times this rumor happened, but if I'm not mistaken, it's been a topic for years, and I've never seen the US government default. I don't know what is the purpose of American politicians when they make this news every year. But if anyone still believes this will happen, it is naive and you will continue to be led by their media. I'm pretty sure that will never happen until their economy is actually challenged by China or some other great power. For now, that's not going to happen, and you'll keep hearing about it next year. For a country like the United States to default is absolutely unrealistic. To continue fulfilling its financial obligations, the United States need only increase the amount of printing of its dollars. After all, their number does not depend either on the gold and foreign exchange reserves of this country, or on other similar factors. And I don’t see big problems with the US economy now. This problem is more contrived. However, it never hurts to be safe. Therefore, it is better to keep part of your savings in bitcoin or other top coins. |
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You can list "facts" as much as you like that there are some difficulties in Russia. Of course they are. Such a huge and complex economy cannot simply be turned from west to south and east at the snap of a finger without some difficulties and overlaps. But the main thing has already happened - instead of falling apart and begging the West for mercy, the Russian economy has withstood the sanctions strike and is even showing growth. Try to disprove this fact.  Yes, the main thing has already happened. If at the beginning of the invasion of Ukraine, the Kremlin demanded that NATO collect its belongings and get out to the positions of 1997, now we are arguing that Russia is not giving up now and with great difficulty withstands the sanctions strike. Moreover, Russia is now fighting with only one Ukrainian army, but with financial, material and military assistance from other countries. On the territory of Ukraine, according to the Main Intelligence Directorate of Ukraine, today a Russian group of about 370 thousand people, 20 thousand national guards and about 7 thousand various paramilitary formations are involved. That is, although the number of invaders even increased compared to the approximately 200,000-strong invasion group, the quality of manpower and equipment has already seriously fallen. The potential for offensive operations of the Russian army is absolutely exhausted, now they have a serious potential only for defense. Yes, and that is temporary. There was information that the Minister of Defense of the Russian Federation Shoigu was ordered to retreat from Bakhmut by 30 kilometers in order not to advance, but to defend himself. For about a year, Russia has been trying to capture a small town in the Donbass, and the “second army of the world”, having put the most professional part of its army there, is now forced to retreat. |
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Not a bad headline, finally European and American leaders showed their true colors. Sanctions failed, they don't work. My friends live in Europe now they are afraid. They moved there more than 5 years ago, they have legal income and official salary. But they are afraid to buy real estate there and keep a lot of money in banks. Thanks to this, they learned what cryptocurrencies are  Europeans are wary of hiring Russians to work in Europe, if the company has Russian founders, then in Europe they do not work with this company. Russians have a lot of problems in Europe now, although they have been living there for 5 and 10 years, but they have not changed their citizenship. This is the true face of European democracy. Even in America there are no such problems. I communicate with Russian IT people. A lot of people left Europe for other countries because they don't want to put up with this shit. A really good headline on what it means to be Russian now, especially while living in European countries. Are Russians now afraid to be in Europe? Are Europeans now wary of them and do not build their business with companies where the founders are Russians? Are you not satisfied with such attitudes towards Russians? And what, should they be applauded for the atrocities that the Russians are now committing in Ukraine? Yes, they should still be grateful that they are not killed there like rabid dogs. Yes, civilization, humane laws, nothing can be done. For the second year now, the Russians have been bombing and shelling absolutely the entire territory of Ukraine almost every day, and they hit precisely residential buildings, schools, hospitals, and last winter they tried to hit energy infrastructure facilities with cruise missiles in order to deprive the civilian population of heat, light and water. Moreover, all this time, the inhabitants of Russia support the war in Ukraine by 70-75 percent and are especially happy on social networks when there is a hit by a rocket in a multi-storey building and it demolishes entire porches along with sleeping women and children. Russia is an international terrorist and therefore the attitude towards Russians in other countries should be appropriate. Now there are very few countries left in Europe that the Kremlin would not threaten to seize after Ukraine. So, do you need to kiss Russians for this when you meet? |
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I'm beginning to question whenever CBDCs will be able to replace paper money for good, or will it co-exist with the old system? After all, credit/debit cards didn't manage to replace paper money when they launched. For being in the 21st century, I'd say paper money should be phased out as soon as possible. Everything should turn digital, as we live in a digital society. How long do you think it will take for paper money to be phased out for good? Will CBDCs be able to replace not only paper money but also credit/debit cards? Your input will be greatly appreciated. Thank you. CBDC is only an improved form of non-cash payments of states. Cashless payments existed in every state before, and no one wondered when they would replace ordinary paper money. It won't be this time either. Digital money will be another type of non-cash money, and everything will coexist with and together with cryptocurrency this time. Convenience lies precisely in the use of all types of means of payment, but they do not replace each other. After all, each type has its own advantages and disadvantages. |
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When it comes to the future of Russia, the militarization of the country is of most concern. People are taught to think that war is a natural state of affairs.
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Concern for whom? NATO has been launching proxy wars against Russia ever since the USSR broke up in 1992. Despite all the assurances that were given, NATO continues to expand to the western borders of Russia. Given this, do you really expect them to sit back relaxed and sing nursery rhymes? They are doing all that is needed to preserve their country. Else what happened in Libya and Iraq will repeat in Russia as well. Every country has a right to defend itself (including Russia) and I don't know why you are complaining about it. Is Russia trying to defend itself by regularly attacking its neighbors and artificially creating pro-Russian territories there? Now Russia is waging a classic war of conquest in Ukraine. Until now, Russia has not been able to finally decide on the reasons for the attack on Ukraine and is constantly changing them, because all of them do not withstand any criticism. Before the Russian attack in 2014, it had a naval base on the territory of Ukraine, a normal attitude towards everything Russian, including the Russian language on its territory, and now everything Russian is purposefully removed from Ukraine so that there is not even a mention of Russia anywhere. Ukrainians, including even the eastern predominantly Russian-speaking population, are now trying to speak Ukrainian themselves in order to forget about the Russian nightmare that Russia brought to the territory of Ukraine. NATO is expanding and moving closer to Russia's borders solely because of Russia's aggressive foreign policy. After all, this is the result of the independent choice of a specific country that decides to join this alliance, and not the leadership of NATO. Until 2014, the prospect of Ukraine joining NATO looked very distant and vague, and now there is talk of its admission even this year, despite the hostilities. Sweden and Finland did not plan to join NATO at all, and now Finland is already in NATO, and Sweden still needs to get the consent of only two countries of this bloc. |
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~~~~~
By the way, despite the prolonged rainy weather, the Armed Forces of Ukraine are already slowly starting to advance. Now, pinpoint strikes are mainly carried out on accumulations of manpower and equipment, ammunition depots, air defense and MLRS of the invaders are being destroyed. At the same time, the Armed Forces of Ukraine have already crossed to the left bank of the Dnieper, seized a bridgehead and are slowly pushing the Russians to the Sea of Azov. Let the soil dry and we'll see.
I don't think that this is accurate. I have checked the territorial changes in all the major frontline cities. Apart from Bakhmut, fighting is underway near Vuhledar, Avdeevka, Kreminna, Kupiansk, Marinka, Huliaipole and Kherson. Out of all these cities, Ukraine has gained territory only in Kherson region (and that too very small area to the North of Oleshky, where the Russian troops were not present). With each passing day, Ukraine is losing hundreds of their soldiers and making further territorial losses. I don't know how you are saying that the Ukrainians are advancing. Information about what the Ukrainian army took up positions on the left bank of the Kherson region. (in particular, that the Armed Forces of Ukraine were seen on the banks of the Dnieper north of Oleshki (7 km southwest of Kherson) and advanced to the northern outskirts of the settlement along the E97 highway west of Dacha (10 km south of Kherson), for the first time reported by the American Institute for the Study war (ISW) with reference to videos of Russian military bloggers with geolocation and text reports. However, the operational command "South" of the Armed Forces of Ukraine was even outraged by such a message, pointing out that the premature announcement of such information could harm the course of this military operation and advised to be patient in order to receive good news when it was safe for the Ukrainian military. Therefore, the Armed Forces of Ukraine did not confirm, but did not refute such information. Sources: https://newsua.ru/news/90432-kiev-potreboval-ot-luchshikh-studentov-isw-soblyudat-informatsionnuyu-tishinu-po-povodu-nastupleniya-vsuhttps://kordon.org.ua/vvsu-zanyali-platsdarm-na-levom-beregu-hersonshtin-idet-prodvizhenie-k-oleshkam-v-isw.htmlhttps://focus.ua/voennye-novosti/562273-territoriya-uderzhivaemaya-ukrainoy-vsu-zamecheny-na-levom-beregu-dnepra-na-hersonshchine-isw |
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Lol dude, do you actually believe what you write? Even in the West, few people seem to believe in the success of the publicized Ukrainian offensive, which has already been postponed for so long. Ukraine has dramatically few planes, much fewer tanks from Europe than promised (and only 60 new Leopards, the rest is rusty rubbish), dramatically few artillery shells, dramatically few air defense missiles, the "offensive guard" trained at the training grounds of Europe has no real combat experience . In such scenarios, conducting an offensive operation is like suicide. Ukraine now cannot even defend properly, although it is much easier to defend than to attack. Well, good luck.
On April 27, speaking at a joint briefing with the Prime Minister of Luxembourg, NATO Secretary General Jens Stoltenberg stated: “In general, through the contact group led by the United States, NATO allies and partners have provided Ukraine with unprecedented assistance. More than 98% of the combat vehicles promised to Ukraine have already been delivered. This means more than 1,550 pieces of armored vehicles, 230 tanks and other equipment, including a large amount of ammunition.” According to him, more than nine new Ukrainian armored brigades have been trained and equipped thanks to the support of partners. That is, almost all the heavy armored vehicles that were promised to Ukraine from NATO countries are already in Ukraine. Yes, most of the received equipment is not directly from the factory conveyor, but the situation in Russia is even worse. In addition, Stoltenberg added: "This will give Ukraine a strong position for the further reconquest of the occupied territories". As you can see, NATO has no doubts about the successful offensive of the Armed Forces of Ukraine. Sources: https://news.pn/en/politics/290066https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.dp.ru/a/2023/04/27/nato-vooruzhenie-i-podgot&ved=2ahUKEwj4k67S1Mr-AhWDxgIHHZGQDboQFnoECB8QAQ&usg= AOvVaw0sZg-RpBf9TyjW3Twtdbwq https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.belarus.kp.ru/online/news/5246105/&ved=2ahUKEwj4k67S1Mr-AhWDxgIHHZGQDboQFnoECAsQAQ&usg=AOvVaw06uEq-qCOOe426iKICYZBABy the way, despite the prolonged rainy weather, the Armed Forces of Ukraine are already slowly starting to advance. Now, pinpoint strikes are mainly carried out on accumulations of manpower and equipment, ammunition depots, air defense and MLRS of the invaders are being destroyed. At the same time, the Armed Forces of Ukraine have already crossed to the left bank of the Dnieper, seized a bridgehead and are slowly pushing the Russians to the Sea of Azov. Let the soil dry and we'll see. |
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Russia's military attack on Ukraine had a strong impact not only on the global economy, but also on the overall security of the world. Now humanity is on the brink of a nuclear war, the danger of which comes from Russia.
Russia was counting on an easy walk in Ukraine, but after a year and a series of military defeats, having awakened the beast, it is afraid of the active actions of the Ukrainian army already on its territory. One of the possible versions of the expected offensive of the Armed Forces of Ukraine is an armored strike in the direction of the Russian Tula, given that there are no significant combat-ready units left on the territory of Russia itself that could offer serious resistance, and the civilian population is hardly capable of this. It was in the first days of the war, when about 7,000 different Russian military equipment rushed from Belarus and, due to the short distance, this armada immediately found itself near Kiev, more than 20,000 Kievans picked up machine guns to repel Russian aggression. This is not expected in Russia.
After that, the Russian military command will be forced to randomly organize defense and withdraw its units from the occupied territory of Ukraine. By the way, about 370,000 Russian troops are currently stationed on the territory of Ukraine. About 20,000 more arrive in Ukraine every month. Approximately the same number (that is, about 20,000) Russians are dying in recent months in Ukraine. When Russia weakens the front in the east and south of Ukraine, then the Armed Forces of Ukraine will strike the main blow there. In Russia, this development is clearly aware, so the Kremlin's propagandists are already preparing the Russians for defeat from Ukraine.
The question of the results of the counter-offensive of the Armed Forces of Ukraine for China is already closed. They understand that it will be successful. Therefore, they are now trying to protect the Russian army from defeat as much as possible. And the state itself is from collapse. So they will be able to put pressure on Russia to enter into peace talks on Ukraine's terms.
During a recent visit to Moscow, Xi Jinping and Putin signed an agreement on the non-deployment of nuclear weapons in other countries. But immediately after that, Putin, realizing the catastrophic situation of his army in Ukraine, began to threaten that he would deploy it in Belarus. Therefore, Xi no longer counts on any agreements with Putin. In Ukraine, they have long understood that it is useless to negotiate with Putin, and that he understands only the language of force. And here the positions of Xi Jinping and Zelensky coincide. In addition, China has repeatedly sent signals to Russia about the inadmissibility of using nuclear weapons. It is logical that no one in the world needs such a war.
On April 26, for the first time since the start of a full-scale war, Chinese President Xi Jinping called Ukrainian President Volodymyr Zelensky.
After the conversation, Beijing decided to send its special envoy, Li Hui, to deal with what they call the "crisis." The key events of the war between Russia and Ukraine should take place in the next few months.
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PS Some funny statistics I think in business parlance this is called "liquidation of distressed assets." - The number of prisoners in Russian prisons decreased by 33 thousand in 2022- The number of unemployed in Russia decreased by 35 thousand in 2022 The decrease in the number of prisoners in Russia in 2022 should not surprise anyone, they were recruited by volunteers into the assault squads of the Wagner PMC and are currently storming Bakhmut. On YouTube there is a documentary film " Zone of Redemption" about this, I recommend watching it to broaden your horizons. Yes, the defenders of Bakhmut also note that among the participants in the assault squads from Russia, there were also former female prisoners. Given Russia's serious demographic problem, which even Putin recently described as one of the country's biggest problems due to its drastic population decline, sending women to certain death for Putin's imperial ambitions is, at the very least, very strange. Or is the situation already so hopeless in Russia? I think the situation is only hopeless for Putin, who actually doesn’t give a damn about his citizens, but is there really not a single sane person in Russia who can prevent this? Although Russia is now entirely a country of the absurd. I am glad that you are a progressive supporter of gender equality, but here you are mistaken - recruitment for Wagner volunteers was carried out only among male prisoners. In general, this is a unique and apparently successful experiment in the socialization of criminals, after the expiration of the contract, the former prisoner receives 1,200,000 rubles, the status of a war veteran with social benefits, the Wagner medal "For Courage", an extinguished criminal record and the opportunity to start life from scratch. The fact that in Russia not only men, but also women are recruited in prisons for the war in Ukraine, there is information from both Russia and Ukraine, and this information is freely available both in the form of text and video on YouTube. Sources: https://www.moscowtimes.ru/2023/02/05/the-telegraph-rossiya-verbuet-zhenschin-zaklyuchennih-dlya-lobovih-atak-v-ukraine-a32949https://www.currenttime.tv/a/olga-romanova/32316840.htmlhttps://24tv.ua/ru/zhenshhiny-armii-rossii-putin-otpravljaet-osuzhdennyh-shtrum_n2301204So far, there is not much information about such cases, but the situation in the Russian army continues to deteriorate, and the fact that women are already being taken to the front from correctional colonies, even in the occupied territories (from the correctional colony of the city of Snezhnoye in the occupied territory of the Donetsk region, who are sent to the territory of Russia for preparation) speaks volumes. |
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PS Some funny statistics I think in business parlance this is called "liquidation of distressed assets." - The number of prisoners in Russian prisons decreased by 33 thousand in 2022- The number of unemployed in Russia decreased by 35 thousand in 2022 The decrease in the number of prisoners in Russia in 2022 should not surprise anyone, they were recruited by volunteers into the assault squads of the Wagner PMC and are currently storming Bakhmut. On YouTube there is a documentary film " Zone of Redemption" about this, I recommend watching it to broaden your horizons. Yes, the defenders of Bakhmut also note that among the participants in the assault squads from Russia, there were also former female prisoners. Given Russia's serious demographic problem, which even Putin recently described as one of the country's biggest problems due to its drastic population decline, sending women to certain death for Putin's imperial ambitions is, at the very least, very strange. Or is the situation already so hopeless in Russia? I think the situation is only hopeless for Putin, who actually doesn’t give a damn about his citizens, but is there really not a single sane person in Russia who can prevent this? Although Russia is now entirely a country of the absurd. |
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I don't have a good opinion about stablecoins. And therefore I don't care whether additional restrictions are being imposed on them or not. Take the most popular stablecoin as the prime example. Tether (USDT) is having a market cap of $81.5 billion and remains as the largest stablecoin in the world. But the promoters (iFinex Inc) have refused to conduct third party audits on the backup funds. And at times, they have admitted that only a small fraction of these reserve funds are held as cash or assets that are equivalent to cash. And this is the reason why they have faced legal action from the New York Attorney General office (NYAG), as well as from the United States Commodity Futures Trading Commission (CFTC).
Private and commercial fiat-backed stablecoins pose a hidden danger to the financial system of states. Any abuse with their release and use will harm the state, and if their market capitalization is several tens of billions of dollars, this will affect the global financial system as a whole. Therefore, it is not surprising that states will strictly regulate, and even prohibit the circulation of such stablecoins. And it is hardly surprising that Japan, which was among the first to legalize cryptocurrencies back in 2017, has a rather negative attitude towards stablecoins. |
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If Russian government can approve bitcoin to be legalized in their country,it will be a welcome development to Russian citizens to be part of this progress other countries that made bitcoin legal are enjoying in their land. It will really help the economy of Russian to grow faster so that their citizens will return back to bulling economy that will help them to recover all the things the war has destroyed in their country.
Russia do not only approve bitcoin legally, they also will accept bitcoin for exporting activities of their natural resource. This was said by Pavel Zavalnya (The chairman of the Russian congress energy committee) that Rusia will open bitcoin as one of payment methode to their natural recourse. Accepting bitcoin in Rusia will centainly allow to change trade flows in the country, as Putin have rejected the possibility last year.. Source 1In Russia, various officials periodically express conflicting opinions about the prospects for the legalization of cryptocurrency in this country. Only the actions of the State Duma of Russia and the Central Bank of this country are clearly aimed at the complete prohibition of the use of cryptocurrency as a means of payment. Today, the use of cryptocurrency as a means of payment is completely prohibited in Russia, and I do not see any changes for the better in relation to cryptocurrency in the foreseeable future in Russia. On the contrary, given the defeat of the Russian army in the war against Ukraine, the increase in spending on the war, the growing budget deficit, the imposition of additional taxes on businesses and citizens, Russia will try to use any means to prevent the flight of capital from the country. Therefore, they are unlikely to legalize cryptocurrency there. |
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I think the move towards dedollarization is a complex issue with potential advantages and disadvantages. While adopting alternative currencies can provide greater economic independence and reduce currency risk exposure, there may be negative impacts on the world economy, such as increased volatility and uncertainty and on the other hand the dominance of the US dollar has become an integral part of the functioning of the global financial system, thus sudden shifts away from it can cause significant distraction.
Russia has already tried to declare "war" on the US dollar, especially in the period after the introduction of strong sanctions in the financial sector of the economy. But this further aggravated the deplorable financial situation of the Russian Federation. The transition to rupees in trade with India brought huge losses to Russian oilmen. As a result of trade with India, Russian oil exporters received large sums of rupees, which, as it turned out, no one needed. Their oilmen are forced to sell at a discount of as much as 10% in order to get at least some revenue. However, the Kremlin plans to continue to conduct such experiments and instructed Deputy Prime Minister Alexander Novak to transfer oil trade to Russian rubles and Chinese yuan. Now Indians need somewhere to get rubles or yuan instead of rupees! This is despite the fact that India has a negative trade balance with China and the Russian Federation and has no extra rubles and yuan. It seems that India may simply refuse to buy Russian oil. The Kremlin, following Europe, will lose another major buyer of its energy resources. |
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There is an estimated 208 000 tonnes (208 000 000 kgs) of gold available on planet earth. This has been mined throughout history and we can assume that this is not lost. But let's estimate it at 210 000 tonnes to make it easy.
The amount of bitcoin that will ever be available, is capped at 21 million coins. So for each coin that is available, there is 10 kgs of gold available (210 million divided by 21 million = 10)
So in terms of value 1 BTC is worth 10kgs of gold. But given that 10kgs of gold costs 650 000 dollars today and 1 BTC costs 30 000, BTC must be undervalued and still has a potential to 20x from here. So why would people buy gold as a hedge against inflation, when they can buy BTC that is undervalued by a factor of at least 20? I guess the answer lies in confidence and previous experience.
Is any of the above wrong?
Such calculations are generally incorrect, since gold and bitcoin are incomparable things. They are so different from each other that we can say that they are absolutely opposite, except for the high price. There are a lot of things in the world that are less than 21 million, but this does not mean that they can be more valuable than bitcoin or gold. The price of bitcoin is determined solely by the ratio of supply and demand. It depends only on these indicators how high it will rise in price and nothing else. |
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Now the situation is worst in Russia country is having negative effect that's why they are looking for back up. whatever happens happens for a reason. When situation became worst then Russia legalize use of Cryptocurrency in International trade. Very interesting to even hear a country this big and influential consider legalizing cryptocurrency in a public way. I support this. Though I'm sure it's not to the standards of idealists its a great step towards decentralization and innovation on the geo-economics scale
The OP in this thread only pointed out that Russia is close to advancing legislation on the use of cryptocurrencies in international trade. As far as I know, Russia has never legalized cryptocurrency in international trade or in other areas of human activity. That is, there is practically nothing to discuss now. Russia was and is a country where there is actually a complete ban on the use of cryptocurrency as a means of payment, and the situation with respect to cryptocurrency is unlikely to change. They are now panickingly taking all possible measures to eliminate capital flight from the country, and therefore they are unlikely to legalize cryptocurrency. |
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Yes, bitcoin was initially created as a payment method that could work without a 3rd party. But nowadays, people are considering and using bitcoin as an investment, they are less concerned with the function and utility of bitcoin but only interested in profit and convenience for them. And CEX provides all the services that investors need in the most convenient way.
Moreover, the market is not only bitcoin, but we also have altcoins, and if you want to invest, buy, sell, and trade altcoins, you must go with CEX. It can be said that it plays an important role in the market whether you use it or not because people still need it.
All participants in the cryptocurrency market live on the territory of a state and are forced to live according to its established norms. Also, probably, no one doubts that almost all exchanges sooner or later will fall under the influence and regulation of states. Therefore, a certain part has already come to terms with this and enjoys a certain protection when using centralized exchanges. Centralization and decentralization will exist together for a long time to come. |
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From what I heard, Russia has so far mobilized only those with previous military experience and members of the Rosgvardiya. On the other hand, Ukraine has gone through more than a dozen rounds of mobilization and young men of military age are rounded up from their houses and public places and forcibly sent to die in Bakhmut and Avdeevka. Every year around 300,000 conscripts join the military in Russia. They can easily recruit millions of former coscripts, but so far they have restricted their draft to the former contract soldiers.
Your rumors are incorrect. Now on the Internet in the public domain there are many appeals from groups of mobilized Russians and even entire units who complain that they did not undergo any training and do not know how to shoot, but ended up on the front line and they are being driven to storm the Ukrainian fortifications. They were allegedly told that they would maintain order in the rear of the occupied territories, but they deceived them. There are also numerous statements about this by the wives and mothers of the mobilized. But the result of the impending offensive of the Armed Forces of Ukraine will put an end to this dispute. If everything is so good in Russian soldiers, they should not retreat in panic from the occupied territories of Ukraine next month, right? |
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Russia has driven itself into a dead end, from which it will have to get out for years, and maybe decades. Because of the attack on Ukraine and the blackmailing of European countries with the reduction of oil and gas supplies, Russia itself found itself in a trap.
In the first quarter of this year, Gazprom supplied only 6 billion cubic meters of gas to Europe, while in the same period last year this figure amounted to 62 billion cubic meters. Over the past year, the share of Russian "blue fuel" in the European market has decreased from 45% to 7.5%.
The leadership of this Russian company threatened Europe that the price of gas in winter could reach $4,000 per thousand cubic meters. Russian President Vladimir Putin also frightened the Europeans with high gas prices. However, in the last two months, gas in Europe has been trading at $460-570 per 1,000 cubic meters (€40-50/MWh), which has led to lower electricity prices. This was due to the influx of LNG, accelerating the transition to renewable energy and improving energy efficiency.
At the same time, after losing the European market, Russia is forced to sell gas to China at huge discounts. For example, in the second quarter of 2022, gas was sold to the Chinese side at $250 per thousand cubic meters, while fuel cost about $1,000 on European exchanges.
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