Russian Economy General News: #8

My fear is Putin will go with Kudrin proposal with him promising higher economic growth than world average and more Russian economy on NATO country much beyond Putins last term , I dont trust Kudrin a bit if Russian economy is vulnerable today to Economic Attacks its thanks to him in major

Putin won't select just one or the other. The point of having both groups come up with an economic plan is to see what both sides propose, and in end, he will just grab best of both worlds. It's what he has been doing for last decade as is.  It works, just not as effective.

As long as they keep investments up, reduce burden on SMEs, while giving them chance to gain access to larger pie, and continue to promote investment into high tech production and facility modernization, the economy will grow.

There is one massive contradiction though, something I've noticed when everyone talks economics. They want to increase productivity. They compare to the west in this terms. But how we increase productivity is help through automation. But they also want to reduce unemployment. But automation reduces need of workers thus can increase unemployment. So how do we go around this? We cant. Either Russia continues with having lower productivity but high employment, or vice versa. In end, I rather have high employment vs high productivity cause so long as products are made, profits are made and people are paid, it's better than business gets paid much more but now a bunch of angry, hungry people.

Kudrin belongs in the prison, not in the government. He is your classical neoliberal scammer. Just by idiotic meaningless buzzword he is peddling you can see he is a complete and utter fraud. Honestly WTF does "digitalization", "platformization", "digital and platform solutions", "improve technological regulation", "cooperative culture", "planning horizon", " intellectualization of technological objects " and so on actually mean? Nothing, it is just bunch of stupid buzzwords.

There is one massive contradiction though, something I've noticed when everyone talks economics. They want to increase productivity. They compare to the west in this terms. But how we increase productivity is help through automation. But they also want to reduce unemployment. But automation reduces need of workers thus can increase unemployment. So how do we go around this? We cant. Either Russia continues with having lower productivity but high employment, or vice versa. In end, I rather have high employment vs high productivity cause so long as products are made, profits are made and people are paid, it's better than business gets paid much more but now a bunch of angry, hungry people.

There is no contradiction, Overal economic output is productivity of average work hour times total hours worked. If by massive capital investments Russian economy grows in productivity any increase in output should be absorbed by increase in consumption by Russian state and general public, or potentially by increase in export to new developing markets, without any growth in unemployment. In another words if Russia wants to avoid unemployment it should increase state spending, rise wages and promote ability of it's ally to import Russian goods.

These Wicked People have come with new sanctions, Time to de-dollerify the economy and forex and put curbs in buy Boeing aircraft for private and Aeroflot .. let them feel the pinch even if its a bit

US slaps sanctions against Russian officials, businessmen and entities

More:
http://tass.com/world/998205

apparently Putin is thanking trump because some billionairs are now parking their billions in Russian banks as of recent.

Not long before they come for that $100B.

It will be very interesting if they do. This may force change in CBR everyone here is hoping for.

I have yet to see Putin take any step to increase pain to US companies a simple step like banning Western hardware and software companies competing in government tenders and instead adopting Russian made hardware and software will create huge market not only in Russia but also cis.

Look like US banned kaspersky from government tenders

Putin has been pussy footing so far to detriment of Russian companies and economy

These things are political but I am talking of Economic ones

What prevents Russia from Banning use of US Software and Hardware in Government tenders when US can do what it did with Kaspersky ?

Arnt these US companies just spying for USA NSA and isnt that a known fact , Why not give Russian Software and Harware manuf the chance to capture significant portion of Russian IT market ?

Blow below the listing - the US includes the most stringent sanction regime

Against Russia imposed the most serious sanctions in four years

http://www.interfax.ru/business/607347

Lol freezing Russian assets won't kill U.S treasuries... you're dreaming. They can freeze half the world and the global elites will still be addicted to the meth.

No, you are right, it wont. Especially when it comes to US vassals buying into them. But what it will do is also get the nations who are ho hum on dealing with US and having money stationed there, second guessing. It would also force the hand of the CBR to start actually moving that money internally and purchasing bonds from other nations rather than the west.

$100B is still small number for Russia. While it is a lot and could be used back home, its peanuts for what the event it can create for Russia.

Iran believe to have had way more money frozen by the US.

EU Won't Support Nord Stream 2 Project - EC Energy Official

https://sputniknews.com/europe/201804061063275016-eu-support-nord-stream-2-project/


So what are the chances realistically NS-2 will be built ? Why cant they just use the exisiting nord stream-1 pipleline and Turkish stream being built.

I dont think Europe is now in mood to buy more gas from Russia , It is better to foccus the energy in LNG and building Western Gas pipeline with China. ITs time and money well spent.

Let Europe buy Shale from US or from Norway and pay the extra price it wants ....in the end the customer will be impacted more.

Did you even read the article?

It clearly states:

"We believe that the Nord Stream 2 does not encourage the diversification of gas supply. That is why if the pipeline is built it will not be supported by the EU and the European Commission, in particular," Dominik Ristori, head of the European Commission's energy department said, adding that nevertheless the bloc is not mulling sanctions.

So this is what is being said

We in the EU will not support it. But its going to happen anyway, because various parties have signed for it.

So in other words, an article about nothing.

Nord Stream 2 is being built. Some are going to fight it till the bitter end; let them. Russia has no reason other than to continue it and continue with Turkstream and others. IF (and this is a MASSIVE IF) the various Baltic shitholes win their fight and somehow stop Nord Stream 2, then Germany has to compensate Russia and ultimately, Russia will just force them to purchase LNG which Russian LNG is still cheaper.

This is merely huff and puff to try to reassure Ukraine that they give a shit about them.

Lets see US its its Baltic Allies will come up with some more tricks to sabotage NS-2.

I wont hold my breath to see if this project sees successful end , I think there is a high probability it wont.

I would rather focus time energy in Western Gas Pipeline with China that has far better chance to suceed

Austin wrote:EU Won't Support Nord Stream 2 Project - EC Energy Official

https://sputniknews.com/europe/201804061063275016-eu-support-nord-stream-2-project/


So what are the chances realistically NS-2 will be built ?  Why cant they just use the exisiting nord stream-1 pipleline and Turkish stream being built.

I dont think Europe is now in mood to buy more gas from Russia , It is better to foccus the energy in LNG and building Western Gas pipeline with China. ITs time and money well spent.

Let Europe buy Shale from US or from Norway and pay the extra price it wants ....in the end the customer will be impacted more.

The news about Nord Stream 2 ,change on a weekly basis , they say yes , but later no.. and then later yes..
So people will have to way and see.. Russia looks that will build the pipeline first and once is done , it will be
difficult to stop it.. once everything setup.. and pipelines made..

Somewhere i read.. that even if EU and US block Nord Stream 2,, Russia can modify Nord Stream 1.. the path that
use Belarus territory and not Ukraine to pump significantly more Natural Gas by increasing the Pressure. So by modifying some pipelines already operating Russia can significantly increase the supply to Europe.. So the pipeline
project is very flexible. if Sweeden block the project for being in their economic zones, Russia can alter the route a bit
and not need sweeden support.

So we will see a lot of yes and no.. and no and yes.. and back and forth, but eventually sooner or later it will be build ,because Europe needs it..and Germany and France want it. it just the political pressure from their Masters demand them to stop it. but they still have a chance to implement it ,through pushing for it.

What worries me is not the pipeline .. but US Government pushed new laws in NATO aimed at free movement of their troops ,tanks and dozen of thousands soldiers across all Europe as if they were patrolling Europe preventing a war ,
and their reasoning for this very aggressive policing of Europe by American military , is supposedly to "Restore Order"
in case of a major civil unrest..

So for example NATO could be activated to hold in Power a dictator puppet ,that steal the elections and people protest
against him.. to resign.. or they can remove a democratically elected Government by force that do not represent the
interest of NATO..

So if for example LePens win in France , US and EU liberal pro NATO media can claim she stole the elections ,then major civil unrest and then NATO invade to arrest Marine Lepen.. if anyone don't think this is possible.
look no further than Honduras.. Coup..

Honduras did the huge mistake to allow American military bases in the country, later when a Pro Russia candidate
won the elections , then people financed by US ngos.. began to claim the elections were stolen.. and so the US military
already deployed inside Honduras helped the opposition to overthrow its new elected President. and took him hostage
when he was sleeping in his house and was arrested in the night and sent to an American military base ,that the previous governments allowed. and he was overthrow by the same US troops ,that were directly deployed in the country for "SEcurity" of the nation but in reality it was for removing from Power ,anyone not aligned directly with the US interest. So this new Freedom that NATO will enjoy to travel through all Europe ,whether they are NATO or not..
is unnprecedent , a total submission Europe ,to a foreign Military ,and US is so desperate to contain Europe under his control.. that is already creating the ideal environment to take over any Government country of Europe , without facing any military opposition.

What prevents Russia from Banning use of US Software and Hardware in Government tenders when US can do what it did with Kaspersky ?

If a Russian company can provide the software and hardware and is big enough to support its operation in Russian government systems then they probably could, but the risks of such a company being infiltrated with spies is no less than with western companies... and you are assuming there is a Russian company that can fill the needs adequately.

Austin wrote:Lets see US its its Baltic Allies will come up with some more tricks to sabotage NS-2.

I wont hold my breath to see if this project sees successful end , I think there is a high probability it wont.

I would rather focus time energy in Western Gas Pipeline with China that has far better chance to suceed

It's a project supported even more by Germany than Russia. If the Baltics, Poland and Ukraine really want to sabotage its construction by any means necessary, they'll aggrevate Germany and risk those generous financial streams that they enjoy (don't forget that the entire EU project is balancing on Germany's budget). Delays on the other hand are probably more likely.

Let's look at what the EU have as 1) an alternative to the Russian gas and 2) tricks in its playbook to block the pipeline.

1) This winter has proved that there's no one who can supply the amount of gas needed for increased use. US LNG is a lot more expensive and Norway can't supply the needed amount (it's been reported several times the past winter months). Moreover, the US can't do emergency supplies in case its needed within a normal timeframe.

2) The only thing, IMHO ofcourse, they can do is forcing Russia to continue to use the Ukrainian pipelines. But how would they do this? How do you force a supplier to deliver something that YOU are dependant on? That's the supplier's prerogative and I don't see how a consumer can alter that (unless I'm missing something). If you are not satisfied with the conditions then don't buy and herein lies the rub. If you refuse to buy then you're going to freeze to death next winter. The ironic thing is that NS-2 will make the gas cheaper for the EU overall.

The most realistic outcome is that NS-2 will be built but the EU will force Gazprom to limit its 100% monopoly on it.

Agreed with KVS. And it would guarantee that they would end up purchasing Russian LNG anyway in the end in mass amounts, which would bring in a pretty good amount for Russia. I imagine the has providers in Russia are just rubbing their hands over this.

Russian LNG is already gaining traction in the market with names to Vietnam and India. That's why now new demand for new LNG stations (Baltic).

All the while, they can tell Ukraine to fuck off.

THey dont seem to get tired of this one more sanction bill with bi partisian support

Lawmakers Introduce New Sanctions Against Russia for Poison Attack Bipartisan bill aims to punish Russia for March incident in UK

https://www.rollcall.com/news/politics/lawmakers-introduce-new-sanctions-russia-poison-attack

Turner and Castro’s sanctions bill re-ups measures taken to disrupt the Russian Central Bank and Russian Treasury and hinder the business of other Russian banks and financial institutions.

It also asks the president to identify any Russian officials who knew about the poison attack in Salisbury.