The largest investment institutions in the world have a mandate that uses those ratings and now they will sell all the RF debt and will not buy any more.
How do you imagine it, to whom foreign investors can sell Russian bonds now, who will buy them? With its destructive actions, the West itself robs its investors, preventing them from making a profit that Russia is ready to pay. Russia has all the payments in its hands, the money for the coupons has been transferred, both in dollars and in rubles with the possibility of exchanging them for dollars. Further it is the problem of the West how to deal with their investors who want to return their money. Russia has fulfilled its obligations in full. All this hysteria around a technical default was created with one goal - to find at least some legal hooks for withdrawing the frozen funds of the Central Bank of Russia. Well, good luck.
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https://www.bbc.com/news/business-61929926This is a technical default on the debt, although is not the common case - not having enough to pay - apparently is due to sanctions. The Russian Federation does have 100 million to pay, is that the government is unable to get them to the creditors, they argue. The RF debt has becoming de facto toxic, even if its central bank has enough to pay, it may explode in the hands of whoever owns it or trades it. It is irrelevant if the debt can actually be honoured, only the vultures and bottom feeders will now lend to the RF. And now.. let the Kremlin trolls break free.. There is no default, not even a technical one. The statements of the rating agencies in this case are an empty phrase, for a default a quorum of investors is needed who could not get their money, but there is none.
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Russia has a lot of resources to make European countries helpless, the dependence of many European countries in Russian oil and gas makes Russia not afraid to invasion of Ukraine and maybe other countries will be the same as Ukraine, Russia understands that to build a gas pipeline requires a cost and time is needed and time Long time, of course it is interesting if we continue to follow the development of the conflict involving Russia.
You have heard enough of the fantastic propaganda of the Russian media and politicians. The reality is much simpler and more trivial. Russia has only gas, oil and timber. Through the sale of which they live. Everything else is a backward misunderstanding. Oil is now bought from them for a penny by China and India. The real price of transactions is about $40 per barrel. The forest is also cut down by thousands of hectares every day in China. So far, only gas remains, which is somehow still sold in the EU. But soon this stream of income will also be reduced. At the same time, there are still a lot of countries where oil and gas are produced. They are ready to supply it to the EU. Of course, some work is needed to change the supply scheme and a little finishing of the infrastructure... At the same time, those countries suffer from the economic terror of Russia, in the EU... where the rulers sold their countries and the interests of countries, for handouts from the Kremlin! Such is the fate of the villain) But after changing gas suppliers, Russia will be left with its own gas, but without everything else - currency, technology, quality goods and equipment. By the way, they have nowhere to put their gas - they will have to stop production ... And all because in Russia almost all oil and gas revenues go to thieves and crooks like Putin and his friends. But for the development of the country they have long "put a big device" (I'm sure you understand which one. ). As they say - forward to the stone age This is not true, stop spreading false information. The real price of Russia's oil contracts with India and China is unknown to you, because this is classified commercial information. According to rumors from sources close to reliable, it is known that the maximum discount for Ural oil was 30-35% in the spring and the average transaction price as of April 1 was $80.5 per barrel (Russia's budget for 2022 was drawn up at the rate of $44.2 per barrel).
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Russia is the world's third-largest oil producer, behind the U.S. and Saudi Arabia, and the world's largest exporter of crude to global markets. It is also a major producer and exporter of natural gas. So, it is impossible if EU prospect a Russian gas ban.
If EU not able to import gas from Russia, then the country stops, the economy stops, cannot heat the houses, cannot run the economy.
When they impose sanctions, then they have to make sure that those sanctions are hurting more those against whom they impose the sanctions than themselves.
I'll just leave this real picture of gas and oil production, and now you try to prove your statement World ranking of countries by oil reserves. Why stocks? Because this will show how small the share of Russia in its monopoly among the European corrupt countries dependent on Russia, financing the center of world terrorism in the Kremlin...! And the list objectively shows who will easily replace the supply of Russian oil ... So the rating is: 1 Venezuela 302,300,000,000 2 Saudi Arabia 266,200,000,000 3 Canada 170,500,000,000 4 Iran 157,200,000,000 5 Iraq 148,800,000,000 6 Kuwait 101,500,000,000 7 UAE 97,800,000,000 8 Russia 80,000,000,000 9 Libya 48,360,000,000 10 Nigeria 37,450,000,000 ... and where, Russia, on which the whole world depends on oil? )))) Say it's funny, does reality look against the background of propaganda? You are engaged in the substitution of concepts, first talking about the actual production of oil and gas, and then suddenly jumping to the rating of explored oil reserves. This is a cheap trick. In terms of real production, Russia is in the top 3 along with the United States and Saudi Arabia.
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For now it seems the sanctions on Russia is having more negative impact on Europe and US than the sanctioned nation.
"For now" is the key word here. Oil and gas prices will drop when countries will start producing more of them. And Russia can't simply sell all the oil and especially gas that it was selling to Europe - there's no infrastructure or demand among its friends for that. Combine this with the discounts they have to make to make their oil more attractive, and you'll see that in next 2-3 years Russian fossil fuels revenue is going to drop. And that would be very painful, because that's 50-60% of Russian budget, as they don't have any significant high technology or service exports. Europe does not have the opportunity to wait 2-3 years for the sanctions to take effect on Russia, because it will not be able to winter the coming winter without energy supplies from Russia.
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Your assertion about what you can "the eastern front" is just wishful thinking. A couple of villages do not make for "a front", but glad to see that you are re-calibrating your expectations. I do agree that the west should be throwing much more help to deter Adolf Putin from continuing the war.
The degree of your detachment from reality impresses me. It is unlikely that we are talking about a couple of villages, Zolotoe is taken, Gorskoye is being cleared, the flag of the LPR is over the administration building in Gorskoye (the Armed Forces of Ukraine did not even last two days in the boiler, heavy losses and many prisoners). Severodonetsk has been cleared completely, the fighting is now going on in Lisichansk. After the capture and cleansing of Lisichansk, the territory of the Lugansk People's Republic will be 100% completely liberated. Again, congrats for moderating your expectations. From "we are going to change the government, take Ukraine, remove their military" to... Great news my friends! Our army of psychos has managed to flatten yet another settlement! Where is the RF picture flag in Severo? Are you trying to jump over a city?Deteached for reality.. that is so funny. "the army of Ukraine did not last two days"... it has taken a month for the RF psychos to move the front a few kilometres at the cost of many RF soldiers becoming worm beds and an increased pressure from EU and increased support from the US (have you not heard? another 400M in aid). Your "glorious" army is "gloriously" slow my "deteached" friend and each day your Tyrant Adolf Putin has to foot another bill, Ukraine gets more and more aid and the RF will get more and more sanctions. You cannot afford this war at this pace. BTW, with a recession coming soon in most of the world and lower crude prices, the Ministry of Kleptocracy and Creative Financing will eventually have to explain to Adolf Putin that he may not have enough to pay for his deplorable attempt of being a page in history books. Severodonetsk was taken more than a week ago, with the exception of the Azot plant. The Russian flag at the entrance to Severodonetsk was installed on June 16.
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I would not like to pedal the question of Lithuania in this topic, but I will still add a few words. Lithuania is the little rabid dog of the United States, which barks loudly in any direction the boss from Washington points to. Last year, Lithuania managed to quarrel with China, suddenly preoccupied with the issue of oppression of the Uyghurs and was about to open a representative office in Taiwan. Now she is trying to spoil Russia by interpreting the EU sanctions in her own way. Obviously, this is a provocation with the aim of causing an excessively harsh response from Russia. Well, at the level of verbal interventions, the provocation was a success. There are no real actions yet, we'll see.
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I think the US hasn't had much luck with presidents lately, and Trump isn't a gift either, but compared to Biden, it looks like a very good option. I hope that the next US President will be a Republican, because under the Democrats, the country is flying at full speed into the abyss. Trump's "make America great again" slogan has a lot of good practical meaning for the US, it inspires and can unite people, and the internal division in society is now very large and this is a serious problem for the future of the US. Globalists screwed up and unable to admit it, I think the Democrats will desperately cling to power, not stopping at the dirtiest methods. With Trump (or another Republican president), the US has a future as a strong regional leader. With Biden (or another Democratic president), the US has no future at all.
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Your assertion about what you can "the eastern front" is just wishful thinking. A couple of villages do not make for "a front", but glad to see that you are re-calibrating your expectations. I do agree that the west should be throwing much more help to deter Adolf Putin from continuing the war.
The degree of your detachment from reality impresses me. It is unlikely that we are talking about a couple of villages, Zolotoe is taken, Gorskoye is being cleared, the flag of the LPR is over the administration building in Gorskoye (the Armed Forces of Ukraine did not even last two days in the boiler, heavy losses and many prisoners). Severodonetsk has been cleared completely, the fighting is now going on in Lisichansk. After the capture and cleansing of Lisichansk, the territory of the Lugansk People's Republic will be 100% completely liberated.
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You cannot get a SIM card without a Russian passport, so these processes are closely interrelated.
Where did you get such accurate information? Did you make it up and pass it off as truth? I saw posts about this on the net, but now I double-checked and it seems that this is not true. Apparently, you can buy a SIM card with a Russian number +7 (of an unknown operator, it looks like a Crimean T-mobile) and with a Ukrainian passport.
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Russia and China are powerful countries. Russia is developing its economy thanks to sanctions, China supports it in this. India joined this alliance and I think these powerful powers have every chance to bypass the USA. Negotiations are currently underway to switch trade completely from dollars to rupees. This is a big breakthrough and support for the economies of these countries. Now new centers of power are emerging and this must be taken into account. These countries have large territories, a large population, a powerful army, and high technology. There is something to think about...
If you didn’t read Russian fake propaganda, you would perfectly understand that Russia for China is just an appendage that sells any resources to it for cheap, as others refuse them! A simple example that you can easily check is that Russia's budget, in the area of oil revenues, is built on a price of $70+ per barrel. The indicative (this is not the real purchase price) of Urals oil is 100+ dollars, Europe refuses it, and China agreed to buy it, no more than 40 dollars per barrel. For myself, and I don’t rule it out for sale For one thing, let me remind you why Russia agrees to such conditions - and it simply has nowhere to store excess oil produced, and it is FORCED to sell at least to someone, at least for some money, otherwise it will have to conserve the fields, and after the sanctions, technologically backward Russia itself will not be able to launch them on a new one! Everything is extremely simple, and you do not need to invent something! This is not true, the price of Ural oil of $44.2 is included in the Russian budget for 2022. This is public information and is easy to verify on your own. Data on the size of the discount to China and India is more difficult to verify, but according to various sources, it does not exceed $30-35 per barrel. The average price of oil that Russia sells to Asia is about $80 per barrel, almost double the budgeted price level. However, due to the strengthening of the ruble against the dollar, the situation in reality is a little worse, but right now Russia is receiving excess profits from oil exports, part of which goes to replenish the National Welfare Fund.
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Not quite the same as passports but don't let minor details like that stop you from lying to us. You cannot get a SIM card without a Russian passport, so these processes are closely interrelated. There is another nice bonus from obtaining Russian citizenship - zeroing out debts on all loans. For many Ukrainians, this turns out to be a good incentive to change citizenship.
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The Texas Energy Plant explosion is another disaster for Europe in series of events to put even more pressure on EU energy sector considering that 80% of this plant's LNG supply was going to EU and it was shut off and the production in the future due to damage is going to be significantly reduced.
We keep talking about gas and its price but I think we should also start talking about coal price since more EU countries are moving towards using coal instead!!! So far 3 of them (Germany, Austria, Netherlands) have started using coal. Others are also planning on using it soon. Interestingly enough a considerable part of their coal is also imported from Russia!
Not anymore. The European Union introduced an embargo on coal imports from Russia in the fifth package of sanctions adopted in early April (with a four-month delay for its implementation).
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By the way, the question is - what do you think - Maduro, in Venezuela, in the country with the largest oil deposits, is interested in where to sell oil? US and EU for dollars and Euros, or China for yuan? Or maybe .... for Russian rubles? Maduro is certainly an "interesting type", but he's not an idiot! That is why the ban on the sale of oil to normal world markets is lifted from Venezuela ... You may be surprised, but in 2020, under pressure from US sanctions, Rosneft ceased operations in Venezuela and sold all its local assets to a company that is 100% owned by the Russian government. At that time, Russian companies controlled 70% of all oil produced in Venezuela. All right! The terrorist country, as always, cowardly leaves the territories where normal laws and relations should soon appear, where it is impossible to terrorize the supplier or the buyer with their idiotic problems. Maduro is, of course, verbally "against" Western values, but he understands that being a slave to an isolated terrorist is a road to nowhere. Plus, problems are accumulating, and there is only one way out - to start cooperating with normal countries, normal buyers! And so it will continue In 2020, the US State Department offered a $15 million reward for information leading to Maduro's arrest, do you think he has already forgotten about it? The US is now in desperate need of heavy oil to solve the shortage of diesel fuel, which is needed for road freight transport and is one of the strongest sources of inflation for all types of goods.
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Well differences apart, USA military equipment is still most reliable and modern in the world far ahead of what China and Russia are producing. Gulf countries from day one have not focused on developing military themselves rather they still rely on USA for all there defense. USA is in every gulf country for there defense like Doha, Kuwait, KSA. You cant just have a strong defense by buying expensive weapons from west, it takes years of hard work and indigenization.
Not quite sure about that. Recently Russia has been able to produce quality defense equipment at fraction of the price that the Americans pay for their equipment. One good example is that of the S-500 air defense system. It is cheaper than the American Patriot system, and much more inexpensive. The same can be said about the ICBMs as well. SS-18 Satan remains the most powerful ballistic missile manufactured till date. And I believe that Russia has also won the competition for the fifth-generation fighter aircraft. The Sukhoi Su-57 is rumored to be much more capable when compared to Lockheed Martin F-35 Lightning II. Su-57 is an excellent fifth generation fighter, thrust vectoring engines allow it to perform incredible aerobatics, such as a flat spin (however, the Su-35S can do this, albeit not with such ease). A very beautiful aircraft, it is currently being tested in combat conditions in Ukraine as part of a flight of four fighters that operate in a coordinated network as one. The ability of the Su-57 to maneuver is incredible and seems to be limited only by the ability of the pilots to physically withstand the resulting G-forces.
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Make no mistake, the day the US decides that Adolf Putin looses in Donbas, the young soldiers in there will die and Putin will loose. That may or may not happen, it can be sooner, later or even never. I would not like to be one of the guys that finds out the hard way.
Thank you for worrying about the fate of Russian soldiers, so far everything seems to be fine. A month after the surrender of Azov's militants in Mariupol, it can be said that the Eastern Front has crumbled. Ukraine is losing the battle in the Donbass, and so far no military assistance from the West has been able to change this.
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Meanwhile, the cauldron in Gorsky-Zolotoye slammed shut, the report of the General Staff of the Armed Forces of Ukraine confirms information about the loss of Ukrainian control over the settlements of Loskutovka and Rai-Aleksandrovka. This also creates the prerequisites for the encirclement of Lisichansk.
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