The US does not intend to impose sanctions against companies participating in the "Nord Stream-2"
https://tass.ru/ekonomika/5579159
At the same time, Donald Trump expressed regret that Germany annually pays billions and billions of dollars in Russia. WASHINGTON, Sept. 18. / TASS /. The United States is not going to impose sanctions on companies involved in the construction of the Nord Stream-2 gas pipeline. This was stated on Tuesday by US President Donald Trump, answering questions from journalists before the meeting with the Polish leader Andrzej Duda in the White House.
The head of the Washington administration was asked if the US is going to impose sanctions against the companies participating in the Nord Stream -2 project. "We are not going to do this, we simply believe that, to the great misfortune for the people of Germany, Germany pays billions and billions of dollars annually for its energy to Russia," the president said.
"I think it's funny," said the White House owner, referring to Berlin's spending on the pipeline project. "And I can tell you that the Germans do not like this," the president concluded.
Im sure average American is happy to get food stamps when Pentagram spends 700 bllions bombing other states
That is what I don't understand... they spend 700 billion a year on "defence", and they will bail out the banks to the tune of 750 billion dollars when they need it... of course no one went to jail despite those banks losing an enormous amount of money, but there was never any question that bailing them out of debt was going to actually get Americans anything... the government should have said... we now own you... you can trade your way back into the black and pay us back the money we spent to save your asses... and we want interest on that repayment too... but no... taxpayer money fixed all the bank debts, but left taxpaying borrowers homeless... how come that is fair?
I see on one of the Russian news websites that relaxed rules on putting people in prison has reduced prisoner numbers from something like 600 thousand down to about 400 thousand, over the last decade or so, meaning they were able to close about 93 prisons and save a lot of money... obviously you would want to know if that made Russia safer or not... but often prison isn't really a good solution.
Im sure average American is happy to get food stamps when Pentagram spends 700 bllions bombing other states
That is what I don't understand... they spend 700 billion a year on "defence", and they will bail out the banks to the tune of 750 billion dollars when they need it... of course no one went to jail despite those banks losing an enormous amount of money, but there was never any question that bailing them out of debt was going to actually get Americans anything... the government should have said... we now own you... you can trade your way back into the black and pay us back the money we spent to save your asses... and we want interest on that repayment too... but no... taxpayer money fixed all the bank debts, but left taxpaying borrowers homeless... how come that is fair?
I see on one of the Russian news websites that relaxed rules on putting people in prison has reduced prisoner numbers from something like 600 thousand down to about 400 thousand, over the last decade or so, meaning they were able to close about 93 prisons and save a lot of money... obviously you would want to know if that made Russia safer or not... but often prison isn't really a good solution.
Only a few years ago even a shoplifter would go to jail, even for just one week or so. No probation. No fines for less serious crimes (smoking wheed or something like that.). They didn´t let killers loose, even when western media will claim something different.
PapaDragon wrote: And this is why Russia does not impose counter sanctions on US companies:
Boeing and VSMPO-AVISMA opened a new plant in the Urals Yes, THAT Boeing...
this way cut off your nose to spite your face just like politicians in Poland, Latvia or Ukrpistan
1) boing invested money and those assets wont go anywhere form Russia 2) Russian company has wide opened market for own hi tech production 3) setting sanctions would make problems for Russia in much lesser grade to the USA
Pilot projects to build communication networks of the "Internet of Things" are postponed until 2021
Earlier it was planned that the first projects will be implemented by March 2020
MOSCOW, September 20. / TASS /. The implementation of pilot projects on the construction and implementation of narrowband wireless communications networks "Internet of things" in Russia was postponed until 2021, follows from the passport of the national program "Digital Economy", which was at the disposal of TASS.
The passport of the program was discussed on Monday at a meeting of the Presidium of the Presidential Council for Strategic Development and National Projects. According to the head of the Ministry of Communications Konstantin Noskov, the project was generally approved, although a number of technical disagreements were noted, which will be finalized in the near future.
Initially, it was planned that the first projects in five key sectors of the economy will be implemented by March 2020. According to the program passport, the concept of building narrowband networks of "Internet of things", which was to be agreed by May of this year, will be approved in late December 2018. The term of approval of the plan for the implementation of the concept was postponed from March to November 2019. Operators have already begun to implement networks of "Internet of things". MTS has launched a network based on Narrow Band Internet of Things (NB-IoT) technology in the LTE standard in 20 Russian cities. The emergence of NB-IoT, which allows to connect to autonomous devices to digital networks, will reduce the costs of introducing Internet technologies of things in such areas as transport, energy, mining and manufacturing, control of energy consumption in housing and communal services, retail, medicine, smart house, monitoring systems and smart city infrastructure management, site security.
The program "Digital Economy of the Russian Federation" for the period up to 2024 inclusive was approved in the summer of 2017. In May this year, Russian President Vladimir Putin instructed the government to adjust the program to give it the status of a national one. As part of the transformation of the program into the national project, the activities and their terms can be adjusted.
Neutrality wrote:I'm eagerly waiting until the first Western multinational registers in a Russian offshore. That's going to be ironic.
Crimea??
unlikely. None of western will loose western market in case being in Russian jurisdiction. Thsoe "offshores" make sense exclusively for thieves wanting to return partially money to Russian financial system.
The government agreed with VEB on capitalization for 300 billion rubles from the funds of the National Welfare Fund
The National Welfare Fund also needs to be spent on the development of domestic lending for infrastructure projects, said Finance Minister Anton Siluanov MOSCOW, September 20. / TASS /. The Government of the Russian Federation has agreed on the capitalization of VEB from the National Welfare Fund (NWF), and will continue to support the state corporation in the payment of external debt. First Deputy Prime Minister, Finance Minister Anton Siluanov told journalists about it after the government meeting.
"We do not refuse assistance to the development institution in fulfilling our obligations on external debts, on the other hand we agreed that we will increase capital to Vnesheconombank by investing, placing the funds of the NWF." Indeed, we [Igor Vavilov] Igor Ivanovich Shuvalov agreed that the Russian Federation will be to provide support for the capitalization of this development institution, because new loans and investments are needed, and we agreed that the source of this capitalization will be the funds of the National Security Fund. Yelnia capitalization, it can be deposits of second level capital, "- said Siluanov.
At the same time, Siluanov noted that the funds of the NWF also need to be spent on the development of domestic lending for infrastructure projects. "I do not rule out that as part of investing in the NWF, we could consider a certain amount to finance our development institutions.We have decisions on the RFPI, there is an opportunity to consider a decision on Vnesheconombank," explained the First Deputy Prime Minister.
Im sure average American is happy to get food stamps when Pentagram spends 700 bllions bombing other states
That is what I don't understand... they spend 700 billion a year on "defence", and they will bail out the banks to the tune of 750 billion dollars when they need it... of course no one went to jail despite those banks losing an enormous amount of money, but there was never any question that bailing them out of debt was going to actually get Americans anything... the government should have said... we now own you... you can trade your way back into the black and pay us back the money we spent to save your asses... and we want interest on that repayment too... but no... taxpayer money fixed all the bank debts, but left taxpaying borrowers homeless... how come that is fair?
I see on one of the Russian news websites that relaxed rules on putting people in prison has reduced prisoner numbers from something like 600 thousand down to about 400 thousand, over the last decade or so, meaning they were able to close about 93 prisons and save a lot of money... obviously you would want to know if that made Russia safer or not... but often prison isn't really a good solution.
The US prisons are making a lot of money for some people.
You can buy stock into private companies like Corrections Corporation of America (CCA, or CXW on the NYSE Big Board) and the GEO Group (GEO). I thought of doing this but I just felt guilty for some reason.
Private prisons in the US are even making basics for military like Helmets and vests. At 10c an hour labor.
I guess for being in Prison, its better than sitting in a cell all day or breaking rocks or getting raped in the showers. But I suppose it is also classified as slave labor. Which I am not really against when it comes to the prisoners. But it should be tied to medium security prisons were people really did do some kind of crime.
miketheterrible wrote:Private prisons in the US are even making basics for military like Helmets and vests. At 10c an hour labor.
I guess for being in Prison, its better than sitting in a cell all day or breaking rocks or getting raped in the showers. But I suppose it is also classified as slave labor. Which I am not really against when it comes to the prisoners. But it should be tied to medium security prisons were people really did do some kind of crime.
They don't pay neither for what the prison bring them like free bed, shower, shampoon, food ...
miketheterrible wrote:Private prisons in the US are even making basics for military like Helmets and vests. At 10c an hour labor.
I guess for being in Prison, its better than sitting in a cell all day or breaking rocks or getting raped in the showers. But I suppose it is also classified as slave labor. Which I am not really against when it comes to the prisoners. But it should be tied to medium security prisons were people really did do some kind of crime.
Do you think this is a good idea? And can it work in Russia?
Isos wrote: They don't pay neither for what the prison bring them like free bed, shower, shampoon, food ...
neither they did cotton plantations in XIX century...
@parfar - AFAIK there is some work in Russian colonies like simple sewing or preparing valenki (vide: the only honest job Khdorkovsky ever had )
Tittle typical liberast but ontents more interesting. Look at numbers not at comments. \
From Russian business they decided to squeeze trillions (rubles) for benefit of Russia.
Metallurgical and chemical companies are asked to lay out a total of 7.1 trillion rubles for the implementation of 350 priority infrastructure projects. This is reported by RBC with reference to sources familiar with the preparation of the relevant document.
We are talking about companies that previously appeared in the so-called list of Belousov - a list of enterprises that, according to Russian presidential aide Andrei Belousov, are underpaid to the Russian budget. The authorities compiled their own list of infrastructure projects, the implementation of which will require trillions of rubles.
The document was developed by Rosatom , Ministry of Transport , Ministry of Natural Resources , Ministry of Labor, Ministry of Agriculture , RusHydro , Ministry of Industry and Trade , Ministry of Economic Development and others. In total, it includes 340 projects that require public-private investment. Half of the proposed projects still do not even have a preliminary estimate of the cost, but for those for which it already exists, the cost is estimated at 11 trillion rubles, of which 7.1 trillion is suggested to be obtained from Russian business.
The most expensive projects are proposed by the Ministry of Transport, their total cost is estimated at 5.8 trillion. In second place Minpromtorg, which proposed projects for one trillion, closes the top three of the Ministry of Agriculture - 61 billion.
In August, Andrei Belousov proposed to withdraw from the 14 largest metallurgical, chemical and petrochemical companies about 500 billion rubles in excess revenues. The proposal of the presidential aide was severely criticized by business, but as a result, the parties came to a compromise - the companies agreed to voluntarily participate in priority state projects, but the level of spending increased from the level of hundreds of billions to trillions.
https://lenta.ru/news/2018/09/20/surovo/
that's how oligrachs can partially redeem their unjustified wealth. The best is: infrastructure you cannot take and transfer via Danske Bank or UK to offshore Dat must hurt
This will force them to bring money back to the country, plus these businesses do get a cut in terms of the profit in the end anyway.
There was a minister here who proposed a good plan. Increase business taxes but give business tax exemptions if the businesses invest back into the economy - ie: new shops, new production lines, etc etc. This would end up fighting inflation with new production and businesses see both tax exemptions so more money plus more income back from their investments. No one wanted to do that though cause it would create too much burden on them to even sit and think of a plan to implement it. But Russian's are far less lazy than Canadians so I think it could work if they tried that approach too.
I think Russia needs to also expand its nuclear power plant productions in the country, as well as natural gas plants. In this regard, it will make natural gas very demanding in local consumption so they do not rely too much on export, along with the fact that it will greatly reduce overall utility costs and can increase profit among businesses locally. This will also bring in lots of money for Rosatom and the likes too.
Regarding private prisons... I caught a glimpse of an add, where one guard said they love Skype type interactions because it means no searches of guests... in fact the visitors don't even need to be in the same state for a "visit" and it saves them a lot of money.
Personally I think private prisons is just asking for corruption... what is to stop a cocaine billionaire buying the prison he is currently staying in using a front company?
I think having fewer people in prison is the better solution...
miketheterrible wrote:Very good. This will force them to bring money back to the country, plus these businesses do get a cut in terms of the profit in the end anyway.
Bielousov? her is Putin's man. First move was to make agitation. He said that most of big companies (read: oligarchs) get enormous money from factors independent form them. All liberast block/press startes wailing - it is not happening this is an assault on private property, what "investors" will say (magic word investor here). Of course things like controlled devaluation and high crude prices had nothing to do with govt policy and Putin's talks with Sauds. Meeh
I am sure this wasn't original plan because only couple days later Bielousov suggested a new plan to talk with "Belousiv's list" companies on jint artnrship andco-finacign govts priority projects. mainly in infrastructure. The fun is that project must be approved and costs by govt and most of them are not owned by oligarchs but they have license like 20 years or so to use it...
Then instead of 500mlns rubles they "voluntarily agreed" to invest 7,1 trillion in projects.
I think Russia needs to also expand its nuclear power plant productions in the country, as well as natural gas plants
Afaik they are doing this. Especially fast neutron reactors are no on rise and leftover form other nuclear power plants can be used here as fuel here.
Oreshkin supported Kostin's plan to abandon the dollar
https://ria.ru/economy/20180921/1529099774.html
Oreshkin told how the registration in the "Russian offshore"
He noted that he does not see any obstacles for the registration of Russian companies in the RAA. "But we'll have to look, set their goals for investment activity and some other restrictions," the minister added.
The head of the Russian Academy of Sciences named the best place for the creation of an international scientific center Oreshkin also said that the Ministry of Economic Development is currently working on refinements to the law on the RAA. One of the goals of creating ATS is to minimize the possible consequences of sanctions from foreign states. And already in August, plans to re-register in one of the special administrative regions of Russia announced two companies that were under US sanctions as controlled by businessman Oleg Deripaska: Rusal plans this for its main structure United Company Rusal Plc (UC Rusal), En + Group - for a subsidiary of En + Holding Limited, which unites the energy segment
GarryB wrote:Regarding private prisons... I caught a glimpse of an add, where one guard said they love Skype type interactions because it means no searches of guests... in fact the visitors don't even need to be in the same state for a "visit" and it saves them a lot of money.
Personally I think private prisons is just asking for corruption... what is to stop a cocaine billionaire buying the prison he is currently staying in using a front company?
I think having fewer people in prison is the better solution...
There were already cases when judges threw people into jail because they were paid for by the companies that own the prisons. Usa, the champion of human rights.
miketheterrible wrote:It wont because you will find some other stupid excuse to complain. Especially when it was already pointed out before hand Russias production of machine tools, 3d printing and other high tech stuff.
Nothing will be good enough for you.
It's very simple actually. I'll be happy with an annual growth rate of 3%+.
Speaking of which:
After the economy adjusts to the macroeconomic policy decisions taken earlier, particularly to the VAT (value-added tax) increase, the Russian economic growth rates are projected to rise gradually to 3.1% by 2021 mainly due to the advanced growth of capital investments.
Also, according to the same document, spending will increase from 18 trillion rubles ($269 bln) to 20 trillion rubles ($299 bln). And that with a budget surplus of 0.8% of GDP even in 2021!
The full article: http://tass.com/economy/1022415
And then there is this:
Russia’s Finance Ministry expects the National Welfare Fund (NWF) to grow up to 7.8 trillion rubles ($117 bln) in 2019, to 11.37 trillion rubles ($170 bln) in 2020 and to 14.18 trillion rubles ($212 bln) in 2021.
In 2019, the fund will be increased by 4 trillion rubles ($59.8 bln).
http://tass.com/economy/1022374
That in addition to Russia's foreign reserves of around $460 billion!
That is some impressive policymaking, I have to say. But according to the Western media, Russia was supposed to "run out of money" by... was it 2016?
I have read the "national digitalization" plan which is part of the new May decrees of Putin and I must say I'm pretty excited. They are taking a very structural approach like they did with the first state armament program in 2011. Actually the whole new May decree looks pretty ambitious. What's important is that there's enough control so not to allow corrupt echelons handicap the plan. Something tells me that Kudrin's new "Palata" won't be as useless as it was before.
Neutrality wrote:I have read the "national digitalization" plan which is part of the new May decrees of Putin and I must say I'm pretty excited. They are taking a very structural approach like they did with the first state armament program in 2011. Actually the whole new May decree looks pretty ambitious. What's important is that there's enough control so not to allow corrupt echelons handicap the plan. Something tells me that Kudrin's new "Palata" won't be as useless as it was before.
Anyway, good stuff.
well, Kurdind as a boss of Audit Chamber is perfect match. No influence on politics + his ego wont allow other liberasts to steal as they did before. And as an accountant he asks right questions. Like what is you rplan to spend money? deadlines?
Next years will be indeed challenging. A lot of pressure form US serfs and doggies. Btu thanks to Trump pissing off China and soon India this might actually help to strengthen Russia's economy and weaken $.
GunshipDemocracy wrote: well, Kurdind as a boss of Audit Chamber is perfect match. No influence on politics + his ego wont allow other liberasts to steal as they did before. And as an accountant he asks right questions. Like what is you rplan to spend money? deadlines?
Next years will be indeed challenging. A lot of pressure form US serfs and doggies. Btu thanks to Trump pissing off China and soon India this might actually help to strengthen Russia's economy and weaken $.
Yes, pretty much. This time he won't have a hand in deciding where and how much money goes. Rather the audit chamber will get to investigate how well it's being spent. The audit chamber itself is getting overhauled too. It gets to create "benchmark" audits tailored to specific industries. A bit like a rating agency.
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