Russian Economy General News: #3

George1 wrote:Russia charts substitution route to end NATO-country imports

What electronic components? Russia has the capacity to make any electronic component it requires. Were they using Intel and AMD
CPUs or something? If Russia can make gallium nitride amplifiers for its AESA radar systems and 65 nm Elbrus CPUs it can pretty much
do whatever the west can.

It is a good thing for Russia to be feeling some pain to wake it up. Western hate propaganda is at full throttle now and it looks like NATO
wants war.

kvs wrote:

George1 wrote:Russia charts substitution route to end NATO-country imports

What electronic components?  Russia has the capacity to make any electronic component it requires.  Were they using Intel and AMD
CPUs or something?   If Russia can make gallium nitride amplifiers for its AESA radar systems and 65 nm Elbrus CPUs it can pretty much
do whatever the west can.  

It is a good thing for Russia to be feeling some pain to wake it up.   Western hate propaganda is at full throttle now and it looks like NATO
wants war.

Because these politicians don't know much about such components and what they do. There is a clear issue in Russia where the technology is developed, but the people who have money and power, have no idea about it. Look at Tomsk University and all their creations.

Already Russia does produce majority of the needed tech for semiconductor industry. Like you said, there is MCST with the development of Elbrus, or Module and Elvees for DSP cores. Other processor designs like Microclet and KOMDIV 64 MIPS processor by NIISI. And yes, they develop the tech behind AESA radar as well. Soon Tomsk will be developing the 3D tech for AESA radar as well according to Phazotron. I am not sure what other technology they mention to be honest.

George1 wrote:Oil Crash, Military Spending Behind Russia Downgrade: Egan-Jones Ratings

World Bank Expects Russian Economy to Contract by 2.9% in 2015

Ah, and here is where the BS shows itself. While US adds military spending to GDP growth (and their perfect credit rating by fitch), the same thing downgrades Russian credit rating in the west and "worries" westerners about Russian budget and gdp growth. They are trying to affect Russias politicians from spending on military to counter US. Credit rating agencies caused a lot of trouble for world economy in 2008 so screw them anyway. Military spending will end up increasing production in Russia, subsequently enough, increasing GDP PPP

George1 wrote:Oil Prices to Remain at $60-$70 per Barrel for Several Years: Sberbank Head

Oil Prices Below $50 Per Bbl in 2015 to Cost Russian Budget $46 Billion

You cant lose something you never gained so far. This is where Russian financal "elites" fail to understand. If you set your nations budget to a set of funds at oil prices being higher than the value of oil in the year (and end of previous year), then they should say that due to lpwer valued oil and poor accouning on our end, we will need to rack up a decficit of $50B. Not lost $50B. You dont just lose something you havent even pumped from the earth yet.....

George1 wrote:Oil Prices to Remain at $60-$70 per Barrel for Several Years: Sberbank Head

Honestly, I can only hope that it does.

sepheronx wrote:

George1 wrote:Oil Crash, Military Spending Behind Russia Downgrade: Egan-Jones Ratings

World Bank Expects Russian Economy to Contract by 2.9% in 2015

Ah, and here is where the BS shows itself. While US adds military spending to GDP growth (and their perfect credit rating by fitch), the same thing downgrades Russian credit rating in the west and "worries" westerners about Russian budget and gdp growth. They are trying to affect Russias politicians from spending on military to counter US. Credit rating agencies caused a lot of trouble for world economy in 2008 so screw them anyway. Military spending will end up increasing production in Russia, subsequently enough, increasing GDP PPP

BTW you can tell which Russian politicians are 5th column monetarists on what wild claims they have on how low oil prices affect the Russian economy. It's pretty damn obvious that anyone who's semi-literate (not including our very own resident Anglophile troll) that Russia's main hydracarbon export is NATURAL GAS, not Oil, which is set by BCM's in the contract obligations between country's leaders and not by speculative commodity/energy markets.

As it was pointed out before, both oil and gas account for 18% of Russias GDP. Both. So I would like to see the figure of what are the difference in % in sales between the two.

Rosneft signed with China agreement for $270B or so in oil to China. Gazprom/rosneft signed agreements worth around what? $800B total in natural gas to China.

With oil being down in value, I imagine (after Chinas billions of dollars program for infrastructure development) will demand more oil.

Then there is deal with India, and such.

I imagine that natgas is Russias main export.

It will be more interesting to see what PPP figures are by end of this year. That will be main indicator. Once import substitution goes into full force, prices will eventually drop or people will get paid more. Or Russia can just botch numbers like the west does.

I know this is hard to say but when do you think we will begin to see oil(all kinds of oil) prices go up? What can be done to make oil prices go up?

Nice

Deputy Chairman of the Central Bank: Bank of Russia has issued $ 20 billion to banks through currency Repo

no gas will flow through Ukraine

EC: RF redirect gas coming through Ukraine, a new pipe to Turkey

Slyusar: the first flying prototype MS-21 will be made in December

Yudaeva: Russian banks are in good condition and deal with the problem in 2015

Siluanov: RF budget deficit in 2015 will be no more than 2-3% of GDP

flamming_python wrote:

George1 wrote:Oil Prices to Remain at $60-$70 per Barrel for Several Years: Sberbank Head

Honestly, I can only hope that it does.

Flaming Python you are from Russia correct? what can you tell us about the situation on the market over there? like prices on goods, wages etc.. I have a friend from Vladivostok and when I asked her about how things are over there she said prices have jumped considerably while income stayed the same, but she said things are still manageable at the moment. So, is it really true that the average Russian is feeling the effects of western economic war against RF? Will the the anti-Russian camp succeed in fermenting discontent within Russia to overthrow Putin? I know the chance for that scenario happening is pretty slim but im sure thats the primary goal of all of this actions against the RF.

AbsoluteZero wrote:

flamming_python wrote:

George1 wrote:Oil Prices to Remain at $60-$70 per Barrel for Several Years: Sberbank Head

Honestly, I can only hope that it does.

Flaming Python you are from Russia correct? what can you tell us about the situation on the market over there? like prices on goods, wages etc.. I have a friend from Vladivostok and when I asked her about how things are over there she said prices have jumped considerably while income stayed the same, but she said things are still manageable at the moment. So, is it really true that the average Russian is feeling the effects of western economic war against RF? Will the the anti-Russian camp succeed in fermenting discontent within Russia to overthrow Putin? I know the chance for that scenario happening is pretty slim but im sure thats the primary goal of all of this actions against the RF.

Can you be more specific on what prices jumped. Friends family in Rostov stated prices jumped for meats while average goods stayed more or less the same. Milk were they are dropped in price due to new production sites but bread prices increased. Imported garbage from Europe increased in price.
Putins popularity is up due to this. Wont ferment any revolts as previous protests didnt even garner more than a thousand.

Vladivostok I heard is getting hit harder in food terms due to location and food transport has increased in costs (dont know why) and harvest for Siberian wheet/buckwheet has been poor, causing a glut. But I also heard prices for end goods from China stayed the same (due to location).

Also, look at average wages in 90's, early/mid 2000's and now. Average Russian makes significantly more than they did before. More than what inflation jumped up by in recent years.

sepheronx wrote:
Can you be more specific on what prices jumped.

My friend was talking mostly about prices of basic goods, like food stuff, clothing etc from groceries, all that happening while wages remain the same, I can imagine how difficult it is especially when you're already on a tight budget. There was an article yesterday from TASS that inflation was projected to reach 11% this year, kinda high in my opinion, I always wondered why Russia has always been plagued with high inflation, they have this problem since early 2000s and until now its still a problem.

AbsoluteZero wrote:

sepheronx wrote:
Can you be more specific on what prices jumped.

My friend was talking mostly about prices of basic goods, like food stuff, clothing etc from groceries, all that happening while wages remain the same, I can imagine how difficult it is especially when you're already on a tight budget. There was an article yesterday from TASS that inflation was projected to reach 11% this year, kinda high in my opinion, I always wondered why Russia has always been plagued with high inflation, they have this problem since early 2000s and until now its still a problem.

Back in 1998, average Russian was paid a monthly wage of roughly $188.  Now it is closer to $1000 or over.  Inflation of 11%, but what was the costs of goods before (A shirt costing $20 is now what? $22)?  Don't forget majority of Russians don't have a mortgage or high debt (average Russian debt is roughly $144).  Something we do not have here in Canada.  I bet your friend doesn't have a mortgage and lives in Soviet housing.  Also, if your friend is a female and has 3 kids, or decides to have 3 kids, she can get free housing.

My debt is $300,000 because of my mortgage.  I can tell you, average Russian has real money.  Which was evident recently on mass purchases (December last year) when it was all done with currency, not credit card.

Here is a good site to compare: http://www.numbeo.com/cost-of-living/country_result.jsp?country=Russia

Cost of brand names seem to be quite expensive.  But what about the cost of clothing from other manufacturers?  It is a broad view of it, but generally, Russian's don't pay as much as we do.

http://www.numbeo.com/cost-of-living/city_result.jsp?country=Russia&city=Vladivostok

Looks like Vladivostok doesn't look as expensive as you may think. St.Petersburg looks like you can earn more and pay less for goods. That is where our friend Python is from. Krasnoyarsk looks like the City I would want to live in. Looks beautiful and prices are not bad.

http://www.numbeo.com/cost-of-living/city_result.jsp?country=Russia&city=Krasnoyarsk

sepheronx wrote:

Back in 1998, average Russian was paid a monthly wage of roughly $188.  Now it is closer to $1000 or over.  Inflation of 11%, but what was the costs of goods before (A shirt costing $20 is now what? $22 )?  

Oh wow.. lol

you just saved me a post..

Many do not see that the Russian weaker economy have been taken beyond proportions.. in  RT website discussions some rusophobics love to mention the inflation as the end of the world.. but they fail to see exactly what you pointed. 11% inflation is nothing and i fail to see as a tragedy the 17% of the bank interest rate.. it will encourage people to have their money in their banks and not remove it.. because will make a lot of money.. Buying a house however could be a big of pain but it is manageable. But for things that its value are under $1,000 ,is a non issue.
Until now , i fail to see how Russian economy is bad.. the economic crisis people ignore is that was Artificially created by USA.. blackmail on american companies wanting to do business in RUssia
and on their European colonies to blockade most of their business with Russia..

This means that the ruble economic problems have NOTHING TO DO with Russia economic performance..
but with USA Politics . Because when it comes to American and European Business all of them wants to do business
in RUssia. but a US President and the NeoLiberal anglo zionist Elite who rules the country not.

The cost of living as you say is lower in Russia..that in USA.. because of the free healthcare ,free education system..
and the inexpensive university ..and government i think provide food and free house too for people in need. and somewhere i read RUssia give free land too..in some cases, I don't think it can be possible to be more generous than that ,regular transportation apparently is also cheap.

What i will like to see is Russia to stop depending on western technology and kick their asses hard to start investing
on all their needs ,to replace at least the most important technology they export from the west. ie.. CArs ,Computers, Smarphones ,Home entertainment equipment.. And computer software. and start creating a new internet ,where Americans will not be able to have any saying on it. Russia today is fully independent on its technology for Space and its military technology too.. So the most hardest thing is already done.. They only need
to become fully independent on its technology for civilian use.. either business or entertainment. Once they can do that.. Americans will kiss Russian ass ,for trading and partnership ,knowing that RUssia does not needs them for anything. This is an amazing opportunity for Russia to become self sufficient nation.. and have zero dependence
on the west for the things that Russians consider more valuable. And food dito.. there is no reason for Russia to export chicken from USA.. that have to be a big joke. Russia have enough land to supply most of its food needs,specially meet..  Putin Is a good president.. but i think Fidel Castro will have done far better. you have to admire them how they managed to survive for 50 years under a total economic embargo of technology but also food.. with the Resources that RUssia have and the talent of its scientific community.. they could become a fully independent nation and supply all its needs in just one decade.

Probably the major problem of Russia is its capitalism based economy.. and that is full of 5th column businessman
that prefer to take their money abroad and win dollars. So that turns the RUssian government in the only Major Business investing on Russia. Perhaps this sanctions will open the eyes of those Russian Billionaires ,that they cannot trust in the west. that there was never a "Reset" on relations and that the western anglozionist elite will never rest until Russia cease to exist.

The best way Russia can influence USA is not making more deadly nukes.. or more submarines.. but by creating superior technology for civilian use ,that they consider valuable. This is already happening with NASA that buys Russian engines because they are better than theirs.. and sending their astronauts to Russia.. So Russia needs to keep fighting USA but with their business.. Once Russia becomes a fully self sufficient technology nation..and produce things that everyone wants to have in the west ,they will have to give up their ambitions of becoming the only world power..  If i was Putin i will triple or more the budget of Roscosmos and start the plans for a manned landing in the moon and to start building base there..in just 5 years with aims of space tourism. World Billionaires will kill each other in the west for being the first to visit the moon. and Major Business Companies also will want to advertise in the moon.and the prestige world wide that it will be for Russia in the world ,will attract a lot of investors but also a lot of very talented engineers and scientist that do not have a chance in their nations to work for a space program like Russia have.  Also produce Cars that every Russian middle class will like to buy and that are very popular. etc   Russia needs to influence better Europe.. not with lower energy prices.. but by offering  better technology than the west produce and taking to a new level their space exploration..

Personally I would love to see the price of oil skyrocket... not because it would be good for oil producers like Russia, but because it would make alternative fuels more economically viable.

GarryB wrote:Personally I would love to see the price of oil skyrocket... not because it would be good for oil producers like Russia, but because it would make alternative fuels more economically viable.

Don't worry.. they will rise again.. so much that you will regret your wishes..

The energy demand will triple in just a decade.. This was told by CHINA government about their own estimates based on their growth and US adventures as exporter will end in just months if not few years. and will have to consume all they produce because their demands will also increase. The demand for energy will rise and the supply chain will not rise that much. So Russia will manage even if prices remained the same.. by selling significantly more energy . because now they will be selling to CHina too .. not just europe and also other Asians countries are interested in pipelines too.. like INDIA, South Korea and Japan.  All Russia needs to do is hold for a couple of years the attack on the ruble and balance their budget and the increase in Energy demands will do the rest.

Vann7 wrote:

sepheronx wrote:

Back in 1998, average Russian was paid a monthly wage of roughly $188.  Now it is closer to $1000 or over.  Inflation of 11%, but what was the costs of goods before (A shirt costing $20 is now what? $22 )?  

Oh wow.. lol

you just saved me a post..

Many do not see that the Russian weaker economy have been taken beyond proportions.. in  RT website discussions some rusophobics love to mention the inflation as the end of the world.. but they fail to see exactly what you pointed. 11% inflation is nothing and i fail to see as a tragedy the 17% of the bank interest rate.. it will encourage people to have their money in their banks and not remove it.. because will make a lot of money.. Buying a house however could be a big of pain but it is manageable. But for things that its value are under $1,000 ,is a non issue.
Until now , i fail to see how Russian economy is bad.. the economic crisis people ignore is that was Artificially created by USA.. blackmail on american companies wanting to do business in RUssia
and on their European colonies to blockade most of their business with Russia..

This means that the ruble economic problems have NOTHING TO DO with Russia economic performance..
but with USA Politics . Because when it comes to American and European Business all of them wants to do business
in RUssia. but a US President and the NeoLiberal anglo zionist Elite who rules the country not.

The cost of living as you say is lower in Russia..that in USA.. because of the free healthcare ,free education system..
and the inexpensive university ..and government i think provide food and free house too for people in need. and somewhere i read RUssia give free land too..in some cases, I don't think it can be possible to be more generous than that ,regular transportation apparently is also cheap.

What i will like to see is Russia to stop depending on western technology and kick their asses hard to start investing
on all their needs ,to replace at least the most important technology they export from the west. ie.. CArs ,Computers, Smarphones ,Home entertainment equipment.. And computer software. and start creating a new internet ,where Americans will not be able to have any saying on it. Russia today is fully independent on its technology for Space and its military technology too.. So the most hardest thing is already done.. They only need
to become fully independent on its technology for civilian use.. either business or entertainment. Once they can do that.. Americans will kiss Russian ass ,for trading and partnership ,knowing that RUssia does not needs them for anything. This is an amazing opportunity for Russia to become self sufficient nation.. and have zero dependence
on the west for the things that Russians consider more valuable. And food dito.. there is no reason for Russia to export chicken from USA.. that have to be a big joke. Russia have enough land to supply most of its food needs,specially meet..  Putin Is a good president.. but i think Fidel Castro will have done far better. you have to admire them how they managed to survive for 50 years under a total economic embargo of technology but also food.. with the Resources that RUssia have and the talent of its scientific community.. they could become a fully independent nation and supply all its needs in just one decade.

Probably the major problem of Russia is its capitalism based economy.. and that is full of 5th column businessman
that prefer to take their money abroad and win dollars. So that turns the RUssian government in the only Major Business investing on Russia. Perhaps this sanctions will open the eyes of those Russian Billionaires ,that they cannot trust in the west. that there was never a "Reset" on relations and that the western anglozionist elite will never rest until Russia cease to exist.

The best way Russia can influence USA is not making more deadly nukes.. or more submarines.. but by creating superior technology for civilian use ,that they consider valuable. This is already happening with NASA that buys Russian engines because they are better than theirs.. and sending their astronauts to Russia.. So Russia needs to keep fighting USA but with their business.. Once Russia becomes a fully self sufficient technology nation..and produce things that everyone wants to have in the west ,they will have to give up their ambitions of becoming the only world power..  If i was Putin i will triple or more the budget of Roscosmos and start the plans for a manned landing in the moon and to start building base there..in just 5 years with aims of space tourism. World Billionaires will kill each other in the west for being the first to visit the moon. and Major Business Companies also will want to advertise in the moon.and the prestige world wide that it will be for Russia in the world ,will attract a lot of investors but also a lot of very talented engineers and scientist that do not have a chance in their nations to work for a space program like Russia have.  Also produce Cars that every Russian middle class will like to buy and that are very popular. etc   Russia needs to influence better Europe.. not with lower energy prices.. but by offering  better technology than the west produce and taking to a new level their space exploration..

I read somewhere that a guy was offered 50,000 sqm of land to farm with in Rostov for next to nothing. Didn't go for it because he is a city person.

Now if a Russian family has 3 kids or more, they are eligable to get free housing. That is quite the deal. I don't know about other countries but in North America, it is the banks that own the houses for the most part, unless the family has been in the home for ages or the house was cheap. Average person in Calgary Alberta (Myself included) owes the bank hundreds of thousands of Dollars for their homes. At $300,000, I am considered not bad. There are people with half a million dollar homes who are making maybe $150,000 a year (prior to taxes. At that point, Taxation is around 30% for income tax). All of this is pale in comparison. Yeah, there is a disparity between rich and poor in Russia, but if the average person already owns a home thanks to Soviet times (Stalin Apartments), and only pays a flat tax rate of 14% in income tax, I say they are doing quite well. There is a clear difference between buying expensive Levi jeans or the jeans I purchased from Costco for $15. Or Nautica T-Shirt for around $15 each as well. My shoes are Adida's and they cost me roughly $50.

Russia needs to populate far east or it will be lost to foreigners by stealth ,from the asian race.they could end one day with millions of immigrants in the far east without passport.living a farmers life..because China and Japan are suffering from overpopulation in their lands . IF i were putin i will offer free land in the far east to Latin American or European people with their family that have University degrees in technology or science that are either christian or orthodox. And help them with the cheap materials so that they can build a decent wooden house.. then provide electricity and water with satellite internet. and offer them a job. they could get in no time millions of Christian migrants that will populate Russia far east and significantly help the economy and development of the country. Russia is a huge continent on its own.. 4 times the size of mainland USA. and they are not really taking advantage of their territory capabilities.

Vann7 wrote:

Russia needs to populate far east or it will be lost to foreigners by stealth ,from the asian race.they could end one day with millions of immigrants in the far east without passport.living a farmers life..because China and Japan are suffering from overpopulation in their lands . IF i were putin i will offer free land in the far east to Latin American or European people with their family that have University degrees in technology or science  that are either christian or orthodox. And help them with the cheap materials so that they can build a decent wooden house.. then provide electricity and water with satellite  internet. and offer them a job. they could get in no time millions of Christian migrants that will populate Russia far east and significantly help the economy and development of the country.  Russia is a huge continent on its own.. 4 times the size of mainland USA.  and they are not really taking advantage of their territory capabilities.

Far east and Siberia has a lot of their cities/towns on the southern ends.  Closer to the other countries (Mongolia, China, North Korea) and thus, it would be extremely hard for a horde of foreigners coming in.  Add to that, both Mongolia and Northern China are heavily under populated.  Majority of China's population is that south east of China.  As well, there are more Chinese people in Moscow than entire Siberia and far east combined.  Only one could be Japan, but they are under heavy watch from Sakhalin Islands and Vladivostok.



As much as Mongolia's population density is at the northern ends, the total population of Mongolia is a shy of 3M, which for the size of Mongolia, it is very underpopulated.

AbsoluteZero wrote:

flamming_python wrote:

George1 wrote:Oil Prices to Remain at $60-$70 per Barrel for Several Years: Sberbank Head

Honestly, I can only hope that it does.

Flaming Python you are from Russia correct?

Yup

what can you tell us about the situation on the market over there? like prices on goods, wages etc..

Prices are going up for everyday goods. When the shopping spree started they jumped on consumer goods, electronics, etc... probably they'll go down a bit or have done already but they'll still be higher than before.

For things like food, etc... the prices are going up although they've been increasing for the whole of last year pretty much

I have a friend from Vladivostok and when I asked her about how things are over there she said prices have jumped considerably while income stayed the same, but she said things are still manageable at the moment.

My company raised everyone's wages ('indexation'), and I heard many other companies did too. But far from everyone's of course.

So, is it really true that the average Russian is feeling the effects of western economic war against RF?

Not particularly. Inflation has increased, but then that was going on before the sanctions too; the sanctions worsened it but didn't cause it.

In terms of ordinary people, the only thing the sanctions really affected so far are holidays abroad and those who like to buy a lot of goods from Europe or China.
As a result people are now turning to holidays in Russia and goods from Russia. Western tourists have decreased considerably but the decrease has been entirely compensated by large increases in tourism from China and South Korea. Give it a bit, and I'm sure European and American tourism will pick back up, while tourists from Asia, the Middle East, South America, etc... will find Russia a more attractive destination. Same for Russian products. Now instead of European food, Russians are buying Russian food. You think Russia stands to lose from this?

Will the the anti-Russian camp succeed in fermenting discontent within Russia to overthrow Putin?

Considering their own leaders unpopularity, rising protests and dissent in Europe, a whole host of internal problems - they would far sooner succeed in fermenting discontent within their own borders; that a real economic war with Russia will only exasperate.
Putin's pretty much the most popular politician of any significance on Earth right now. Not a judgement of any kind; just a fact.

I know the chance for that scenario happening is pretty slim but im sure thats the primary goal of all of this actions against the RF.

They'll be happy enough with just pressuring Russia and forcing it to make concessions, and in the medium term - accepting NATO and EU expansion to all of its Western borders as an inevitability that it's not worth making a fuss over; whether in the Ukraine & Georgia, or in Belarus, Moldova, Armenia, etc...

That state of affairs will severely damage Russia's cultural influence, usage of the Russian language, and not to mention economic and political interests, and could well contribute to Putin and his circle falling from power - if they're not already gone by then.

So as you see they don't even have to try and overthrow Putin; the main thing is containing Russia - and by containing I of course mean surrounding it and making it a non-factor.
Right now however, I don't think they seriously expect to overthrow the Russian government. They recognize it's unrealistic. Their main priority is forcing it into retreat.

A very good article explaining of what is really happening.


RT: How do you see the difference in targets of the oil producing countries? What are their interests in fact?

AS: We should not think in terms of the oil countries, the oil producing countries, because the countries that produce oil have very vastly conflicting interests, take for example, Saudi Arabia, an ally of Israel, the US, and NATO. Look at Russia - the largest oil producer in the world. It has its own very different interest. Look at the US with shale oil they will be able to be self-sufficient and become exporting again. And they have a very different sort of interest.

So we have to see oil as part of the war. That is why I call it the oil battle. It is probably the first battle of this ongoing Global War I and this has nothing to do with the oil countries on the one side and the rest of the world on the other side. There are geopolitical factors way above oil which we are now seeing in this ongoing battle. In the future we’ll probably see this also with water and with food. So we have to get ready for very, very difficult times as the following months and years are coming about.



http://rt.com/op-edge/222795-oil-prices-us-role/

par far wrote:A very good article explaining of what is really happening.


RT: How do you see the difference in targets of the oil producing countries? What are their interests in fact?

AS: We should not think in terms of the oil countries, the oil producing countries, because the countries that produce oil have very vastly conflicting interests, take for example, Saudi Arabia, an ally of Israel, the US, and NATO. Look at Russia - the largest oil producer in the world. It has its own very different interest. Look at the US with shale oil they will be able to be self-sufficient and become exporting again. And they have a very different sort of interest.

So we have to see oil as part of the war. That is why I call it the oil battle. It is probably the first battle of this ongoing Global War I and this has nothing to do with the oil countries on the one side and the rest of the world on the other side. There are geopolitical factors way above oil which we are now seeing in this ongoing battle. In the future we’ll probably see this also with water and with food. So we have to get ready for very, very difficult times as the following months and years are coming about.



http://rt.com/op-edge/222795-oil-prices-us-role/

Is Russia ready for water and food war? Countries like India, China, Brazil, South Africa, Venezuela, Nigeria, Iran and the rest of the world have to start preparing for the water and food war because that will be an even bigger war than the oil war. The Zionists are evil, so be ready.

par far wrote:

par far wrote:A very good article explaining of what is really happening.


RT: How do you see the difference in targets of the oil producing countries? What are their interests in fact?

AS: We should not think in terms of the oil countries, the oil producing countries, because the countries that produce oil have very vastly conflicting interests, take for example, Saudi Arabia, an ally of Israel, the US, and NATO. Look at Russia - the largest oil producer in the world. It has its own very different interest. Look at the US with shale oil they will be able to be self-sufficient and become exporting again. And they have a very different sort of interest.

So we have to see oil as part of the war. That is why I call it the oil battle. It is probably the first battle of this ongoing Global War I and this has nothing to do with the oil countries on the one side and the rest of the world on the other side. There are geopolitical factors way above oil which we are now seeing in this ongoing battle. In the future we’ll probably see this also with water and with food. So we have to get ready for very, very difficult times as the following months and years are coming about.



http://rt.com/op-edge/222795-oil-prices-us-role/

Is Russia ready for water and food war? Countries like India, China, Brazil, South Africa, Venezuela, Nigeria, Iran and the rest of the world have to start preparing for the water and food war because that will be an even bigger war than the oil war. The Zionists are evil, so be ready.    

Well, seeing as how Russia started the food war by banning products from EU, and growing their own, all the while Russia being second or third largest in terms of fresh water supply, they are safe.

@Flaming

Wheb you said they raised the prices, how much are we talking? And so you got your raise to meet inflation? Good! Waiting for my conpany to do that (they never met inflation).