Russian Economy General News: #5

JohninMK wrote:Sound analysis KVS. Then there is the positive GDP impact of the near million immigrants from Ukraine to come, people Russia really needed.

And that is another point. What about the people going to Russia? How many has it been? In January, it was a lot. I posted it in the demographics thread.

unlike other well developed countries russia does export or sell anything or even have an industry(except small arms and armor). But nobody needs outdated hardware...ok i lied maybe some 3rd world country does but instead of selling our old stuff  off to other countires we as russians will just scrap or destroy it all and then ontop forgive the debts the 3rd world country that owns us billions of $$ and then give them some more $$ while our own citizens are bled dry and live in 3rd world shitholes.

Even with their latest tank Armata ...the russians rush to export it and reveal all its secrets while americans go as far as securing the M1 tank's hulls ensuring it never falls into enemy hands.But im getting offtopic

the only industry russia truly relies on is the massive amount of gas and oil it has so it exports that for cheap all over the world

once US lifts its sanctions with Iran(and you hear all those talks on the news) and iran starts supplying oil to all the EU nations...well..the oil price will drop down...and the whole country will cry once again that ''evil america did it to us its all their fault'' with putin being the lead

and putin will start running around selling the country's(not his) natural resources for even cheaper.
Mark my words

PapaDragon wrote:

bmtppk wrote:unlike other well developed countries russia does export or sell anything or even have an industry(except small arms and armor). But nobody needs outdated hardware...ok i lied maybe some 3rd world country does but instead of selling our old stuff  off to other countires we as russians will just scrap or destroy it all and then ontop forgive the debts the 3rd world country that owns us billions of $$ and then give them some more $$ while our own citizens are bled dry and live in 3rd world shitholes.

Even with their latest tank Armata ...the russians rush to export it and reveal all its secrets while americans go as far as securing the M1 tank's hulls ensuring it never falls into enemy hands.But im getting offtopic

the only industry russia truly relies on is the massive amount of gas and oil it has so it exports that for cheap all over the world

once US lifts its sanctions with Iran(and you hear all those talks on the news) and iran starts supplying oil to all the EU nations...well..the oil price will drop down...and the whole country will cry once again that ''evil america did it to us its all their fault'' with putin being the lead

and putin will start running around selling the country's(not his) natural resources for even cheaper.
Mark my words

90's called, they want their sh*t back...  

you think they are not crying right now? I talked to a few of them on skype. Most have been brainwashed into believing ''its all the americas fault they did it to us'' instead of using their brains and realizing that putin has been screwing them over hard. Its not on north korea brainwashed levels yet but close enough

and yes US kind of does screw things over but since when was US russia's friend...sigh...#justtypicalrussianthings

Nice chart , rose color represent crude oil exports while green represents refined oil products (in million of tons per year).



Obviously , you want to export more refined products because of higher added value. Soon Russia will export more higher tech products based on oil than crude.

bmtppk wrote:

PapaDragon wrote:

bmtppk wrote:unlike other well developed countries russia does export or sell anything or even have an industry(except small arms and armor). But nobody needs outdated hardware...ok i lied maybe some 3rd world country does but instead of selling our old stuff  off to other countires we as russians will just scrap or destroy it all and then ontop forgive the debts the 3rd world country that owns us billions of $$ and then give them some more $$ while our own citizens are bled dry and live in 3rd world shitholes.

Even with their latest tank Armata ...the russians rush to export it and reveal all its secrets while americans go as far as securing the M1 tank's hulls ensuring it never falls into enemy hands.But im getting offtopic

the only industry russia truly relies on is the massive amount of gas and oil it has so it exports that for cheap all over the world

once US lifts its sanctions with Iran(and you hear all those talks on the news) and iran starts supplying oil to all the EU nations...well..the oil price will drop down...and the whole country will cry once again that ''evil america did it to us its all their fault'' with putin being the lead

and putin will start running around selling the country's(not his) natural resources for even cheaper.
Mark my words

90's called, they want their sh*t back...  

you think they are not crying right now? I talked to a few of them on skype. Most have been brainwashed into believing ''its all the americas fault they did it to us'' instead of using their brains and realizing that putin has been screwing them over hard. Its not on north korea brainwashed levels yet but close enough

and yes US kind of does screw things over but since when was US russia's friend...sigh...#justtypicalrussianthings

You are making these stories up to deal with the severe cognitive dissonance you have when presented with facts.   You can't pass
of this "Russians blame the USA" crap on this board.   Most of us have relatives in Russia (and Ukraine) and know what the
popular sentiment is.   During the Yeltsin toilet 1990s Russians did not blame America for their plight even though they should have.
They were still under the thrall of the west and had high respect for it.   What started the souring of Russian public opinion
was the March 1999 gang rape of Serbia by NATO.   NATO acted as the KLA's airforce and helped it sever Kosovo i Metohija
from Serbia.   Various a posteriori excuses where used to justify brazen support for the KLA.  The refugee flight after the
onset of the NATO air campaign, coordinated on the ground with KLA attacks was actually used as a justification for the attack!
Gee who would have thunk that wars produce refugees.   And the Albanians who were transporting a lot of possessions with them
via car, truck and tractor were being painted as victims of ethnic cleansing.   Just how much time do you have to pack your
stuff when someone is shooting you and waving a gun in your face: you would run naked if you needed to.   Also, CNN compared
Albanians traveling in passenger trains to Macedonia (FYROM) to Jews in cattle cars shipped to death camps.   Epic, insane
propaganda.   Also recall the 600,000 dead and missing Albanians claims by NATO yaps.   In the end they could only identify
2,400 dead including all those that died during the KLA guerrila war including 800 Serbs.

But still during most the 2000s Russians had positive to neutral view of the USA and NATO.   The straw that broke the camel's
back was the Kiev coup, sponsored by NATO and actively supported by NATO and its war of terror on the Donbas.   While the
NATO media keeps silent, NATO's puppet Kiev regime shells and rocket attacks Donbas cities, towns and villages 24/7.   A
pure war crime.   If the NATO media, following the US lead, ever does report on Kiev shelling of civilians it is always presented
as the rebels shelling themselves.   Of course, saps like you who have deficient IQ can't even ask the question how come the
residents don't know who is shelling them.   The little thing called the Doppler effect is quite useful at tagging the origin of
shells.   People know where Kiev's forces are situated since you know they actually live there and they can tell where the shells
are coming from.   But NATO and its media lie factory wants the world to believe these people are retards.   Russians get
information from the frontlines your media never reports (I know, I can watch it via the internet) so they form their opinion
based on the facts.  You just have vapid, chauvinist chest thumping about your genetic righteousness.

Stagnation Rearing Its Ugly Head in Russia (Op-Ed)

nice try russia is mostly for oil and gas production and the mining of minerals and heavy metals annd mate i watch liveleak all the time and read KP.ru and fox news(As trash as both are but they give a nice perspective from both sides)


Donbas...well..all ukranians were doing is chilling in their own country until russia rolled in. Apparently when you fight in your very own country you are called a nazi, a traitor , an imbecile, etc.

Russia sends troops there..and they dont even have insignias....even during Hitler's(as disgusting as that is) ..i mean those guys had their uniforms and the typical insignias, etc. Even the vilest sons of bitches. But this is like on a whole new level with no insignias. Typical KGB stuff tbh.

And how do those two little cities which were previously full of miners and farmers now manage to get their hands on some nice equipment..explain that. Ok maybe they had one armory..but the rest of the heavier equipment like tanks, etc...where did they get those. But ok fine maybe russia is helping them gain ''independence'' or whatever. Democracy 2.0.

But worst of all know this. The only thing the miners had is coal and gas. And the rest of the ukraine needed that to stay warm because the winter was about to roll in. They wanted it for free but the miners wanted to sell it to their enemies so they can at least sustain their new ''country''. Ukraine didnt want none of that. So guess what our hero putin does? Sells Ukraine gas and even gives some for free.(its ok we got plenty we are russians)! XDDDDDDD two faced once again. Donbas got fked over by putin and they know it,

kvs wrote:

bmtppk wrote:

PapaDragon wrote:

bmtppk wrote:unlike other well developed countries russia does export or sell anything or even have an industry(except small arms and armor). But nobody needs outdated hardware...ok i lied maybe some 3rd world country does but instead of selling our old stuff  off to other countires we as russians will just scrap or destroy it all and then ontop forgive the debts the 3rd world country that owns us billions of $$ and then give them some more $$ while our own citizens are bled dry and live in 3rd world shitholes.

Even with their latest tank Armata ...the russians rush to export it and reveal all its secrets while americans go as far as securing the M1 tank's hulls ensuring it never falls into enemy hands.But im getting offtopic

the only industry russia truly relies on is the massive amount of gas and oil it has so it exports that for cheap all over the world

once US lifts its sanctions with Iran(and you hear all those talks on the news) and iran starts supplying oil to all the EU nations...well..the oil price will drop down...and the whole country will cry once again that ''evil america did it to us its all their fault'' with putin being the lead

and putin will start running around selling the country's(not his) natural resources for even cheaper.
Mark my words

90's called, they want their sh*t back...  

you think they are not crying right now? I talked to a few of them on skype. Most have been brainwashed into believing ''its all the americas fault they did it to us'' instead of using their brains and realizing that putin has been screwing them over hard. Its not on north korea brainwashed levels yet but close enough

and yes US kind of does screw things over but since when was US russia's friend...sigh...#justtypicalrussianthings

You are making these stories up to deal with the severe cognitive dissonance you have when presented with facts.   You can't pass
of this "Russians blame the USA" crap on this board.   Most of us have relatives in Russia (and Ukraine) and know what the
popular sentiment is.   During the Yeltsin toilet 1990s Russians did not blame America for their plight even though they should have.
They were still under the thrall of the west and had high respect for it.   What started the souring of Russian public opinion
was the March 1999 gang rape of Serbia by NATO.   NATO acted as the KLA's airforce and helped it sever Kosovo i Metohija
from Serbia.   Various a posteriori excuses where used to justify brazen support for the KLA.  The refugee flight after the
onset of the NATO air campaign, coordinated on the ground with KLA attacks was actually used as a justification for the attack!
Gee who would have thunk that wars produce refugees.   And the Albanians who were transporting a lot of possessions with them
via car, truck and tractor were being painted as victims of ethnic cleansing.   Just how much time do you have to pack your
stuff when someone is shooting you and waving a gun in your face: you would run naked if you needed to.   Also, CNN compared
Albanians traveling in passenger trains to Macedonia (FYROM) to Jews in cattle cars shipped to death camps.   Epic, insane
propaganda.   Also recall the 600,000 dead and missing Albanians claims by NATO yaps.   In the end they could only identify
2,400 dead including all those that died during the KLA guerrila war including 800 Serbs.

But still during most the 2000s Russians had positive to neutral view of the USA and NATO.   The straw that broke the camel's
back was the Kiev coup, sponsored by NATO and actively supported by NATO and its war of terror on the Donbas.   While the
NATO media keeps silent, NATO's puppet Kiev regime shells and rocket attacks Donbas cities, towns and villages 24/7.   A
pure war crime.   If the NATO media, following the US lead, ever does report on Kiev shelling of civilians it is always presented
as the rebels shelling themselves.   Of course, saps like you who have deficient IQ can't even ask the question how come the
residents don't know who is shelling them.   The little thing called the Doppler effect is quite useful at tagging the origin of
shells.   People know where Kiev's forces are situated since you know they actually live there and they can tell where the shells
are coming from.   But NATO and its media lie factory wants the world to believe these people are retards.   Russians get
information from the frontlines your media never reports (I know, I can watch it via the internet) so they form their opinion
based on the facts.  You just have vapid, chauvinist chest thumping about your genetic righteousness.

so basically you say NATO started all this. well seems logic. lets se that USA involved in the arabic world even from start...even if arabs...well their are just a curious bunch of people. USA would punish you even if you starring at a local arabic store or meeting of people. the USA and NATO work today under the principle "who is not with us is against us therefore all must be maked to like us". its a threat to the real freeedom not the one promoted by USA. in other words ...ok freedom...but what exacly are you free to do in USA? being a jerk? being a bussines man who just acumulate fortunes? ...what about the common man? nobody spoked about them? ...
in generally the common man has no chances and must look up around him to see the life of rich people. they said that work make you better. all i see is that for the common man is hard. and he must behave just like a anonymous employee who do not speak much and its opinions ...doesnt matter. they say someone else that the common man should make plans for economy. my point is that if the common man is not allowed to have own opinion own interests own principles he will be only a puppet. this nazists are exacly against the principles of freedom that they claim they represent.

bmtppk wrote:
nice try russia is mostly for oil and gas production and the mining of minerals and heavy metals  annd mate i watch liveleak all the time and read KP.ru and fox news(As trash as both are but they give a nice perspective from both sides)


Donbas...well..all ukranians were doing is chilling  in their own country until russia rolled in. Apparently when you fight in your very own country you are called a nazi, a traitor , an imbecile, etc.

Russia sends troops there..and they dont even have insignias....even during Hitler's(as disgusting as that is) ..i mean those guys had their uniforms and the typical insignias, etc. Even the vilest sons of bitches. But this is like on a whole new level with no insignias. Typical KGB stuff tbh.

And how do those two little cities which were previously full of miners and farmers now manage to get their hands on some nice equipment..explain that. Ok maybe they had one armory..but the rest of the heavier equipment like tanks, etc...where did they get those. But ok fine maybe russia is helping them gain ''independence'' or whatever. Democracy 2.0.

But worst of all know this. The only thing the miners had is coal and gas. And the rest of the ukraine needed that to stay warm because  the winter was about to roll in. They wanted it for free but the miners wanted to sell it to their enemies so they can at least sustain their new ''country''. Ukraine didnt want none of that. So guess what our hero putin does? Sells Ukraine gas and even gives some for free.(its ok we got plenty we are russians)! XDDDDDDD two faced once again. Donbas got fked over by putin and they know it,

Wrong thread.
Ukraine was pushed into war not only because of separatists, but Western pressure as well as IMF too. Remember when 1st package was promised if Ukraine would regain it's territory.
To put it simply, Ukraine got fokked by two.
No one gives a crap about civilian suffering, well some organisations do, some don't.
Yes, Ukraine is a game, it's called hot potato.
It's like if You would hit a crack ho in Detroit and she would produce an addict baby infected with HIV.  It's Ukraine. That's why Russia went for DNR(LNR) test first.

bmtppk wrote:
nice try russia is mostly for oil and gas production and the mining of minerals and heavy metals  annd mate i watch liveleak all the time and read KP.ru and fox news(As trash as both are but they give a nice perspective from both sides)


Donbas...well..all ukranians were doing is chilling  in their own country until russia rolled in. Apparently when you fight in your very own country you are called a nazi, a traitor , an imbecile, etc.

Russia sends troops there..and they dont even have insignias....even during Hitler's(as disgusting as that is) ..i mean those guys had their uniforms and the typical insignias, etc. Even the vilest sons of bitches. But this is like on a whole new level with no insignias. Typical KGB stuff tbh.

And how do those two little cities which were previously full of miners and farmers now manage to get their hands on some nice equipment..explain that. Ok maybe they had one armory..but the rest of the heavier equipment like tanks, etc...where did they get those. But ok fine maybe russia is helping them gain ''independence'' or whatever. Democracy 2.0.

But worst of all know this. The only thing the miners had is coal and gas. And the rest of the ukraine needed that to stay warm because  the winter was about to roll in. They wanted it for free but the miners wanted to sell it to their enemies so they can at least sustain their new ''country''. Ukraine didnt want none of that. So guess what our hero putin does? Sells Ukraine gas and even gives some for free.(its ok we got plenty we are russians)! XDDDDDDD two faced once again. Donbas got fked over by putin and they know it,

Wow you need Xanax. Russia is a Consummer economy as it is, there's little Russia can do to become an high-tech exporter overnight. However, that means three basic issue are overlooked.

1. Russia lives within its means. Most of the fancy pantsie countries you would like Russia to emulate, do not. That's a big trouble.
2. Whatever Russia Sells, her BoT is heavily positive, once again because of the live within your means policy. Positive BoT means, funds to diversify, when it is possible.
3. There are various niche sectors that Russia can use to destroy whole branches of the current global industrial production. Just like China with rare earth. That's a very problematic issue when it comes to steel notably. Russia has litterally scrapped by selling to China notably about two thirds of its USSR production capacity, lost about 25% of the the USSR mills to Ukraine, Belarus and other former republics.

For the rest dat Trolling needs moar vitamins esse. Do you comprende me; el Trollo?

Russia’s Top 10 Exports

http://www.worldstopexports.com/russias-top-10-exports/2350

In 2014, exports from Russia amounted to US$492.1 billion, up 23.9% since 2010. Russia’s top 10 exports accounted for three-quarters (75%) of the overall value of its global shipments.

Based on statistics from the International Monetary Fund’s World Economic Outlook Database, Russia’s total Gross Domestic Product amounted to $3.548 trillion in 2015.

Therefore, exports accounted for about 13.9% of total Russian economic output.

Given Russia population of 142.5 million people, the total $492.1 billion in 2014 Russian exports translates to roughly $3,454 for every person in the country.

Russia’s Top 10 Exports

The following export product groups represent the highest dollar value in Russian global shipments during 2014. Also shown is the percentage share each export category represents in terms of overall exports from Russia.

Oil: US$288,361,702,000 (58.6% of total Russian exports)
Iron and steel: $20,202,919,000 (4.1%)
Gems, precious metals, coins: $11,579,099,000 (2.4%)
Machines, engines, pumps: $8,985,440,000 (1.8%)
Fertilizers: $8,909,523,000 (1.8%)
Wood: $7,638,190,000 (1.6%)
Cereals: $6,972,489,000 (1.4%)
Aluminum: $6,298,128,000 (1.3%)
Inorganic chemicals: $5,079,839,000 (1.0%)
Copper: $4,873,518,000 (1%)

Where does defence export fit into the picture as its $15 billion ?

Russia’s Top 10 Exports

http://www.worldstopexports.com/russias-top-10-exports/2350

In 2014, exports from Russia amounted to US$492.1 billion, up 23.9% since 2010. Russia’s top 10 exports accounted for three-quarters (75%) of the overall value of its global shipments.

Based on statistics from the International Monetary Fund’s World Economic Outlook Database, Russia’s total Gross Domestic Product amounted to $3.548 trillion in 2015.

Therefore, exports accounted for about 13.9% of total Russian economic output.

Given Russia population of 142.5 million people, the total $492.1 billion in 2014 Russian exports translates to roughly $3,454 for every person in the country.

Russia’s Top 10 Exports

The following export product groups represent the highest dollar value in Russian global shipments during 2014. Also shown is the percentage share each export category represents in terms of overall exports from Russia.

Oil: US$288,361,702,000 (58.6% of total Russian exports)
Iron and steel: $20,202,919,000 (4.1%)
Gems, precious metals, coins: $11,579,099,000 (2.4%)
Machines, engines, pumps: $8,985,440,000 (1.8%)
Fertilizers: $8,909,523,000 (1.8%)
Wood: $7,638,190,000 (1.6%)
Cereals: $6,972,489,000 (1.4%)
Aluminum: $6,298,128,000 (1.3%)
Inorganic chemicals: $5,079,839,000 (1.0%)
Copper: $4,873,518,000 (1%)

Austin wrote:Stagnation Rearing Its Ugly Head in Russia (Op-Ed)

First its a drop, then stagnation, then what? Growth we need to worry about?

Austin, do yourself a favor and stick to reliable sources, not russian news from Finnish or NATO propaganda machine.

And this is why I asked for another thread - the double postings..... it now becomes a chore to simply go through all the same stuff before to get different news.

Most of the economic charts stuff is crap. It really is a rough means, not necessarily gods truth. Hence why you dont see defense on there.

But if I was to take a stab at it, I imagine it is under machinery. But since last year with this year, power machines, rosatom and alike have sold more than defense (first time) so the numbers mentioned dont make much sense.

I think what they are charting there is raw material export , I think Defence Export comes to $15 billion so that would be something like 3rd in the list based on value.

I just saw Lavorov comment today and Ukraine crises is being artificaly boiled now and regular fighting and german foreign minister saying so in as many words.

I am just thinking if this is Washington inspired one in line with MAKS and additional round of sanctions on Russia

Austin wrote:I think what they are charting there is raw material export , I think Defence Export comes to $15 billion so that would be something like 3rd in the list based on value.

I just saw Lavorov comment today and Ukraine crises is being artificaly boiled now and regular fighting and german foreign minister saying so in as many words.

I am just thinking if this is Washington inspired one in line with MAKS and additional round of sanctions on Russia

Possibly so.

There was a conspiracy theory I read a while ago that made me laugh but think. It was about how Putin and Obama had a meeting and that both sides agreed with what is all going on, and that the use of words on tv is simply a show. And that the point of the sanctions was to help Russia end up becoming far more self reliant and developed. Of course that is BS, but if you look at what is happening in Russis now, I can understand why some would believe that. We have a list of countries that have had international sanctions on them. The ones who had a better grasp of economics and industrial knowledge, as well as a better education structure and more in line, had far better development and outcomes.

Up till the 90's disasters, North Korea was progressing faster than south Korea. But South Korea had more help during the earthquakes and drought, so they ended up progressing faster, while North Korea lost a huge portion of its agriculture base, and with that, created a famine which was devistating and still felt today. If that didnt happen, I imagine North Korea in a much better spot today, at least under competent leadership, something Kim Jong Il wasnt.

But other examples are South Africa and Iran. Both had some knowledge in industrial production but more refined agricultural and science. Hence both, when under sanctions, developed competitive industries, production for most of their needs, and still ended up as major powers. Iran has been under some form of sanctions from west since 79 and today, Iran is considered this big threat, making missiles and so called nuclear bombs and also gaining traction through influence in other countries. Add to that, what they used to import is what they make now.  Yes their economies werent considered these massive entities on paper. But they were untouched during financial meltdowns and more "stronger" than others whom had more "money" in GDP.

What we will get now is Russia being different than before. Before hand, yes, Russia was more or less a gas station. But things slowly changed over time. Now it isnt. What we will get in the future will be completely different thanks to sanctions. Sanctions act much like heavy tarrifs and protectionism. In this case, a demand is created through a glut from imports. So local producers will set up shop or production in already existing facilities (much easier as they already have the money to start), and some through government grants. These productions may be new, semi expensive and not same quality as foreign. But, it keeps jobs or creates some more. And initially, when purchasing from abroad, you are paying for that foreign companies product, pays for their employees wages, and the companies profit. Which in turn, goes to the government of that country through taxation. Instead, purchasing at home will produce those results for domestic gains, which means more money for local production and infrastructure upgrades.

But, the counter to that is that people may not buy your goods. Since Russia relies a huge portion of their exports on resources, and since resources are always in demand, Russia will always have people purchasing it (especially since the infrastructure is already there). But over time, industrial production will have to rely on exports in order to continue growth. But Russias industrial products were never going to compete in the west due to a few factors: (1) Russians product names have a bad image due to past and propaganda from competitors (2) over production means an over bloated market. Thus lack of purchases (3) what Russia offers already has major competition in western countries with already little room for further development in the particular field (transportation equipment, power equipment, etc). When it is the developing countries whom are much bigger buyers and are in need of such goods. Many developing countries need new power grids, new machinery (transportation, agriculture, etc) and definately new power sources. It is also these countries that still have good relations with Russia (Asia, middle east, Africa, S. America) and with cheaper rouble, means more affordable for such equipment. Hence why russian companies like Power Machines, Rostelsmash, Rosatom, Russian railways, rosagroprom (?) And alike are now making money, more than defense exports, these days. And will continue to grow.

That was from Mark Adonis who we post often.

Any ways Central Bank has released figures of FDI for Q1 in Russia and it seems to be the lowest since 2005 which is $1.3 billion

http://www.cbr.ru/eng/statistics/credit_statistics/dir_inv_instrum_e.xlsx

Would be interesting to see how much did they manage to get in Q2 , Q1 was any ways bad time

A Good History of 1998 crisis

We woke up in another country , How did the crisis in 1998 and who is to blame for it

http://www.kommersant.ru/doc/2258104

Austin wrote:That was from Mark Adonis who we post often.

Any ways Central Bank has released figures of FDI for Q1 in Russia and it seems to be the lowest since 2005 which is  $1.3 billion

http://www.cbr.ru/eng/statistics/credit_statistics/dir_inv_instrum_e.xlsx

Would be interesting to see how much did they manage to get in Q2 , Q1 was any ways bad time

Bound to happen. One cant rely on FDI, as that is how they get you. Sucks but oh well. Lesson learned - rely on yourself.

That said, how much of the FDI is none business related? How is it calculated? Cause there are tons of NGO's in Russia that get billions in funding that are getting kicked out now. Wonder if they count that?

1998 crisis was just bound to happen due to the pillage of resources, land and businesses by oligarches and west. Billionairs made a killing back then, at the expense of the people.  Hence why I can see why they hate the oligarches so.

Edit: you mean the mark adonis from bloomberg? The guy who flipflops in everything related to Russia? Moscow times is just spreading his nonesense. Hence why I am just ignoring bloomberg (be it good or bad news on anything). The growth in Russian demand for domestic products and major growth in agriculture isnt stagnation. There is enough proof out there so save your time.

Very nice

Russian bill seeks to make foreign companies accountable for bribery abroad

http://tass.ru/en/economy/814813

There is a high demand in Russia for the products mentioned that are not made in Russia. So if there is a high demand, there is great opportunity for someone to start it. Potential money being lost to a foreigner just because locals wont try to make it. I think someone should.

dear god so dense lol



US didnt add sanctions on all the people , they specifically wanted to avoid that. Only those in the inner circle /putins friends/  and 5 companies recieved it. And thats about 30 -35 people.  But...putin's buttbuddies were gonna have none of that cuz that means they cant spend the peoples' hard earned money to use it for their vacations in foreign countries( how funny, all the politicians prefer to visit foreign countries instead of vacationing in russia) or invest it into foreign banks.

So ''to make it fair'' for his friends your god and lord putin made new laws and sanctions and taxes on everyone so its very difficult to visit a foreign country ..basically just like his homies have it