Russia's effect on IT sector?

[laredo7mm]

For Russia's war with Ukraine, the west put heavy sanctions on Russia. That means export and import with Russia is not accessible. Data shows Russia is the biggest exporter of raw materials like copper, aluminum, nickel, platinum, palladium, etc which is used in chip making. That means we are expecting more delays in the semiconductor industry. We all know how important this staff is to run electronic devices. Disruption on-chip shortages could spike the price of digital devices too which affects globally. Is that a good idea to push Russia out of the world economy? This sanction of the west could have a boomerang effect?

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[jackg]

The West was kinda forced to impose sanctions on Russia though? Would you have expected the UK, France, Germany and a few other countries to only have started sanctioning Russia when they came to attack the EU's sovereignty.

Many other countries have started to develop primitive versions of raw material extraction that could compete well with Russia and most countries (including Russia) can likely get past these sanctions by doing what they're already doing and sending the raw materials to China to be assembled into products.

Japan and the US also hold the rights to produce the main computer chips these days too and I'm not sure Russia would have the capabilities to do that - as well as the rest of the world - on its own.

[bittraffic]

All countries are affected especially oil and gas importers. China produces more of these IT products making them a valuable ally of Russia. I guess this makes thier business going if finished products goes out from China.

So many news about sanctions actually, I wonder if its true because 40% of Europe's gas is from Russia. How they could afford to cut it is unbelievable. I'm thinking sanctions are all just news but in reality the business continues.

[Oluwa-btc]

Zero doubts they ( Russia ) are the best are gas production and distribution, but one thing I know is that, the world can do without the best.  Before this sanctions by United States, I believe they had back up plans before taking such decisions on them, but you see, Russia has indeed abused their power, this is not the best way to  handle this.
I don't know much about their information technology sector,but sure thing they'll strive.

[stompix]

Is that a good idea to push Russia out of the world economy? This sanction of the west could have a boomerang effect?

Very good idea and no it won't have a boomerang effect it will have a GAU-8 effect.

Let me ask you something if I'm the only doctor in a village, and without me, nobody could get an operation or medicine or treatment, are you going to allow me to take your house, beat your kids and rape your family just because I'm the only one providing that? Or are you going to kick me out and search for another doctor?
It's not so hard, use your brain!

So many news about sanctions actually, I wonder if its true because 40% of Europe's gas is from Russia. How they could afford to cut it is unbelievable. I'm thinking sanctions are all just news but in reality the business continues.

Welcome to the real world, where things are different from behind the monitor:

Oil price rises again as buyers shun Russian crude
https://www.bbc.com/news/business-60584798

Almost 70% of Russian crude oil exports do not have a buyer according to UK-based research consultancy, Energy Aspects.
On Tuesday, oil trader Trafigura offered a cargo load of Russian crude oil at a record discount of $18.60 per barrel below the market rate for Brent, but could not find a buyer willing to take the risk.

You see, they have oil but they need the money so much they are selling it actually cheaper than before the crisis and the sanctions.
Europe will be able to pay 20$ more for a full tank, will Russians survive on 50% less bread?
This is not simcity or age of empires, this is a real war!

[Coyster]

Is that a good idea to push Russia out of the world economy? This sanction of the west could have a boomerang effect?

Russia pushed itself out of the Global economy when they went ahead to invade Ukraine, that was a totally wrong move in every sense of the word, of course 'business' would be much better and things will go on smoothly without this sanctions, likewise so without this needless war, thus there is no way the entire world was going to watch Russia get away with this, and mind you that the consequences of their action isn't going to be ephemeral, but long lasting, cause even after all this is over, Russia will more or less be a pariah country for some while.

Having said that, there is no disputing the fact that Russia is important, but i am pretty sure if they stand on their importance and use it to cause mayhem and sufferings for others, then alternatives can be found, and they will somewhat be cut off.

[tabas]

AFAIK, there's already a shortage for the past years and even with sanctions, we're still in short. But I think that these chip making companies have already made their stocks before the war and they're going to manufacture it. In fact, there were news about their newest release of chips and that's why I think that they've already made it before this war has erupted. The sanction is the way to make Russia stop because if there's no sanction, they'll still feel that they're at the top.

[dunfida]

All countries are affected especially oil and gas importers. China produces more of these IT products making them a valuable ally of Russia. I guess this makes thier business going if finished products goes out from China.

So many news about sanctions actually, I wonder if its true because 40% of Europe's gas is from Russia. How they could afford to cut it is unbelievable. I'm thinking sanctions are all just news but in reality the business continues.

I do also have doubts too yet they couldnt just really impose off those sanctions without having second thoughts yet it couldnt really be denied that they would really be needing Russia in terms of some

supply that they are the only ones could able to do so specially on neighboring countries which does mean that it would heavily affect and for sure they would really still consider out on making such decision
totally and they couldnt just let it to happen but if it is been push through but still there's some sort of underground transactions.What you do think?

[jackg]

Zero doubts they ( Russia ) are the best are gas production and distribution, but one thing I know is that, the world can do without the best. 

They're the third biggest oil and gas producer (they're quite big but not too huge).

So many news about sanctions actually, I wonder if its true because 40% of Europe's gas is from Russia. How they could afford to cut it is unbelievable. I'm thinking sanctions are all just news but in reality the business continues.

There was also news Ukraine were trying to save the pipeline that connects Russia to the EU and provides them with gas. I'm not sure if this is just a pipe that will temporarily stay active and then be shut off, it has done well to collapse the rouble and the Russian stock market though (or at least continue the crash).

[laredo7mm]

Is that a good idea to push Russia out of the world economy? This sanction of the west could have a boomerang effect?

Very good idea and no it won't have a boomerang effect it will have a GAU-8 effect.

Let me ask you something if I'm the only doctor in a village, and without me, nobody could get an operation or medicine or treatment, are you going to allow me to take your house, beat your kids and rape your family just because I'm the only one providing that? Or are you going to kick me out and search for another doctor?
It's not so hard, use your brain!

Yes, you are right but rushing to do this causes damage to some people too. If you are willing to sacrifice that then it's okay. But EU needs gas for their industry and Russia and Ukraine combined supply 50% of total natural gas in the EU. So isn't it wiser to find an alternative first than punishing that oppressor?

I saw Ukrainian racism for Indian and black people. In some places, Ukranien beat those people. Their injustice behaves towards these people could lose support from their country.

[Obito]

With the application of cyber warfare in the war with Ukraine, I think that other countries are planning to consider investing in upgrading their cyber warfare too especially those that have a nuclear arsenal and have advance weaponry and I think that it's worth investing in cyber security because from now on, it's going to be an integral part of any future warfare which I am sure won't ever end.

[lovesmayfamilis]

I saw Ukrainian racism for Indian and black people. In some places, Ukranien beat those people. Their injustice behaves towards these people could lose support from their country.

That is indeed what is happening now. Any sane person who thinks about all the hasty decisions Europe has made understands the complexity of what is happening. Is everything that is being done right now? How will this affect the peoples that are involved in the conflict? But there is another side that really does not want to see Russia succeed economically, so all sanctions come into effect so quickly that it remains to be thought that they weren't ready yesterday.
There are two truths that people now believe. The Internet has become a "nuclear" weapon for many. The countries that support Russia once went through all the paths the US arranged for them, and they understand that Ukraine is just a pretext for sanctions.

[Dave1]

For Russia's war with Ukraine, the west put heavy sanctions on Russia. That means export and import with Russia is not accessible. Data shows Russia is the biggest exporter of raw materials like copper, aluminum, nickel, platinum, palladium, etc which is used in chip making. That means we are expecting more delays in the semiconductor industry. We all know how important this staff is to run electronic devices. Disruption on-chip shortages could spike the price of digital devices too which affects globally. Is that a good idea to push Russia out of the world economy? This sanction of the west could have a boomerang effect?

I thought it was the other way around, Russian needed those materials, that's why the US and the West put a sanction on them, as EU rely gas on them, Russia rely raw materials that you have mentioned from the US. So there will be no shortage in the West or even in Asia, but the effects will be felt by the Russian government. So now it turns out to be a battle of attrition. EU will have to find another way to get gas, while Russia will become self reliant and their industries that rely on those raw materials will have to reinvent themselves.

[poldanmig]

For Russia's war with Ukraine, the west put heavy sanctions on Russia. That means export and import with Russia is not accessible. Data shows Russia is the biggest exporter of raw materials like copper, aluminum, nickel, platinum, palladium, etc which is used in chip making. That means we are expecting more delays in the semiconductor industry. We all know how important this staff is to run electronic devices. Disruption on-chip shortages could spike the price of digital devices too which affects globally. Is that a good idea to push Russia out of the world economy? This sanction of the west could have a boomerang effect?

The main strength of the Russian economy so far has been in its mining products, so if America continues to impose sanctions on Russia, of course this will also cause industrial panic in Europe, Russia is the largest nickel producer in the world, which is around 20%, besides that they also produce such as aluminum, gold, copper, bauxite, and also oil and gas which are the basic needs of European countries, as the largest producer of mineral mines, of course America sanctions may not be too bad affect Russia in the future, because Russia may sell their products to countries outside Europe who are also not America's allies, I think the sanctions imposed by America will affect their own economy because so far America is a consuming country that brings raw materials from other countries other countries including from russia.

[Reid]

Both are affected. They may have the precious metals for the items but do they have the production to do it? If not, then they are relying on whatever was sent to them by other countries and in this case computer devices or electronics.
A big problem globally when a sanction happens and if ever there are countries who could offer the same item it won't suffice the need in the market or there will be a shortage of it which might be recovered years. That is true, they may be an increase in price that will come but we just don't feel it yet.

[stompix]

So isn't it wiser to find an alternative first than punishing that oppressor?

No, the wiser thing is to destroy the oppressor first and then think of rebuilding.

I saw Ukrainian racism for Indian and black people. In some places, Ukranien beat those people. Their injustice behaves towards these people could lose support from their country.

Oh, you couldn't stop yourself right?
Russia is the most tolerable nation for all races and sexual orientations on earth.
The very fact that those foreign students were in that country first gives you a clue but seems you couldn't override some instructions.

That is indeed what is happening now. Any sane person who thinks about all the hasty decisions Europe has made understands the complexity of what is happening. Is everything that is being done right now? How will this affect the peoples that are involved in the conflict? But there is another side that really does not want to see Russia succeed economically, so all sanctions come into effect so quickly that it remains to be thought that they weren't ready yesterday.

The west wanted Russia to succeed, that's why we invested there that's why we traded with them, hoping that economical ties would prevent a war, look at the German and Japanese model, 180 degrees change from 1938.
And for your second thing, yeah, of course, the sanctions were thought in advance, the list is from 2014 when we didn't apply them to Russia hoping that it will stop with Crimea, seems that we were wrong and we needed to hammer them down from the invasion of Georgia if not earlier.

[tygeade]

The main strength of the Russian economy so far has been in its mining products, so if America continues to impose sanctions on Russia, of course this will also cause industrial panic in Europe, Russia is the largest nickel producer in the world, which is around 20%, besides that they also produce such as aluminum, gold, copper, bauxite, and also oil and gas which are the basic needs of European countries, as the largest producer of mineral mines, of course America sanctions may not be too bad affect Russia in the future, because Russia may sell their products to countries outside Europe who are also not America's allies, I think the sanctions imposed by America will affect their own economy because so far America is a consuming country that brings raw materials from other countries other countries including from russia.

Obviously, it will have some impact on Europe and that is undoubtful, and it may even cost a little more for them. But what Europe is trying to do here is that, since they are rich and they can pay top price for these things, and since Russia is sanctioned from them, that means Russia will have to sell it to other nations who are not as rich as the west.

And that means Russia will have to sell it for cheaper, sell to china, sell to India, sell to anywhere that accepts it, even Africa if they have to. In that case the cheaper product would be bought from that third nation, for a lot less and Russia would not make that profit as the same. Like assume there is a thing costs 100 bucks to sell to west, west declines it, so you sell it to 50 to Nigera, then west buys for 80 from Nigeria. You see west made a profit of %20 on each sale, and Nigera made a profit as well, whereas Russia made a 50% loss.

[Fortify]

For Russia's war with Ukraine, the west put heavy sanctions on Russia. That means export and import with Russia is not accessible. Data shows Russia is the biggest exporter of raw materials like copper, aluminum, nickel, platinum, palladium, etc which is used in chip making. That means we are expecting more delays in the semiconductor industry. We all know how important this staff is to run electronic devices. Disruption on-chip shortages could spike the price of digital devices too which affects globally. Is that a good idea to push Russia out of the world economy? This sanction of the west could have a boomerang effect?

Nobody wants any conflict with Russia, it is them who have invaded a free and democratic country to expand their authoritarian tyranny. Unfortunately Putin has chosen this path and there is much suffering happening right now - mostly against civilians. Unless firm action is taken then he will never stop and he is looking more like Hitler every day. Yes there will be many economic consequences like the one you mention, but a stand must be taken if we are talking about defending the open societies that we live in today. When this sick old man is wiped from the planet all trade can quickly return to normal.

[laredo7mm]

For Russia's war with Ukraine, the west put heavy sanctions on Russia. That means export and import with Russia is not accessible. Data shows Russia is the biggest exporter of raw materials like copper, aluminum, nickel, platinum, palladium, etc which is used in chip making. That means we are expecting more delays in the semiconductor industry. We all know how important this staff is to run electronic devices. Disruption on-chip shortages could spike the price of digital devices too which affects globally. Is that a good idea to push Russia out of the world economy? This sanction of the west could have a boomerang effect?

Nobody wants any conflict with Russia, it is them who have invaded a free and democratic country to expand their authoritarian tyranny. Unfortunately Putin has chosen this path and there is much suffering happening right now - mostly against civilians. Unless firm action is taken then he will never stop and he is looking more like Hitler every day. Yes there will be many economic consequences like the one you mention, but a stand must be taken if we are talking about defending the open societies that we live in today. When this sick old man is wiped from the planet all trade can quickly return to normal.

I do not want to take any side here but we should judge the situation from Russia's perspective too. What will you do if you find out that your neighbor has something that can be used against you to destroy you? Can you sleep peacefully? If you read the history of the soviet era then you will see what the USA did when they find out the soviet deployed missiles in Cuba. A nuclear conflict was very close. Everybody has the right to secure their border and make sure their neighbor keeps good relation with them.

[stompix]

And that means Russia will have to sell it for cheaper, sell to china, sell to India, sell to anywhere that accepts it, even Africa if they have to. In that case the cheaper product would be bought from that third nation, for a lot less and Russia would not make that profit as the same. Like assume there is a thing costs 100 bucks to sell to west, west declines it, so you sell it to 50 to Nigera, then west buys for 80 from Nigeria. You see west made a profit of %20 on each sale, and Nigera made a profit as well, whereas Russia made a 50% loss.

Finally, some poeple actually understand how things work!

If Russia could have sold its products for a profit it would have done so before, if Russians would want Chinese cars and Chinese cars were better they would have had their country full of them by now and not Japanese and European models.
All Russia can do now is offer discounts to other countries, lose money and, guess what becomes itself a prisoner in trade since if those countries say no, there is nobody on this earth to deal with and you end up like NK.

Also, to add to that example.
Russia will sell all the oil it was selling to Europe to Asia. God, but what about the ones that were previously selling oil to Asia, they will either lower the price so Rusia can't sell at a profit, or, just as simple, they will sell that oil to Europe.

Some of you artificially create open markets which Russia will suddenly take over and have no adversary, this is NOT how things work.!