Russian Economy General News: #10

Hole wrote:Save the carrots. They were allowed to store much of "their" wealth in off-shore tax heavens for the last 25 years. The interests on this money is a realy big carrot.

The World Is Not Enough for such dudes, we might not like it but this is the wy ti is. From the other hand - soft re-nationalization and western sanctions make Russian govt task easier.

Nice 



By 2025, the Russian defense industry complex could deliver civilian products for 2.2 trillion rubles for national projects - Ministry of Industry and Trade


http://militarynews.ru/story.asp?rid=1&nid=501452

Tula. February 8th. INTERFAX-AVN - Russia's defense industry can, within the framework of national projects, produce civilian products worth more than 2 trillion rubles in the next 5 years, said Konstantin Tarabrin, director of the department of the Ministry of Industry and Trade of the Russian Federation, at a meeting with heads of defense companies and the regional government in Tula on Friday. 

       “Our task is to understand what the need is for technologies, equipment, and production solutions, in order to propose for implementation of national projects the developments that exist in the defense-industrial complex. The preliminary figures for 2019-2024 are about 2, 2 trillion rubles, for this amount the defense industry complex may participate in national projects, but it is not yet final and will be adjusted, ”said K. Tarabrin.

       He recalled that in total in Russia within 5 years it is planned to implement national projects in 12 areas for a total amount of about 26 trillion rubles. 

       According to him, the most demanded civilian products of defense enterprises can be in such national projects as Digital Economy, Education, Healthcare, Modernization and expansion of trunk infrastructure, Modernization of highways, Science, Housing and urban environment. " 

       "This could be medical equipment, equipment for schools, universities, educational centers. The Ministry implies state purchases under federal legislation in the format of intergovernmental transfers at the level of regions, municipalities,

       He also noted that in order to diversify the defense industry, the Ministry of Industry and Trade of Russia proposes the removal of restrictions on the number of products supplied by a single supplier; use of dividends to finance investment projects related to technical re-equipment and production of high-tech civilian and dual-use products; participation of state-owned companies in the purchase of OPK products; expansion of protectionism measures against Russian producers in public procurement. 

       Earlier it was reported that in Russia by 2025 it is planned to increase the share of civil products of defense companies to 30% of the total production at these enterprises, and by 2030 - to 50%. 

David Stockman - Central Banks Created Fiscal Doomsday Machine

dino00 wrote:I read almost a 1/4 of the above wall, so Vann7 if you think Putin wants Russia to be dependent on oil and gas go to this link http://www.eeg.ru/pages/123. And explain how the non oil and gas balance(Budget without the revenues from those sectores) was reduced from 7,9% on 2017 to 6,2% in 2018.
The revenues from oil and gas industry jumped almost 30% in 2018.
Please explain

Is not just Gas..  but commodities.
Putin wants Russia economy to be based on..
1) Commodities  (Oil ,mining, food exports)
2) Weapons
3)Sports tourism.
4)Culture tourism.

This is not saying that Putin need to ban tourism or ban energy business.
but that he needs to develop Russia in a totally different way.. and a REAL counter to United states leadership.
Because if you don't break American influence in the world.. you will never break their empire..
is as simple as that.

So Any smart leader in Russia will develop Russia economy in a way to steal Away American influence over Europe ,and most developed nations. ie.. like Japan , South Korea , Canada ..   Since people are not made in stone..
they all can be influenced , then Russia by developing correctly its economy , can create the influence it needs
to get Europe on its orbit.. and even get Americans population largely pro Russia.. and so this will create
a new generation of politicians that are big supporters of Russia..and will want good relations with them.

So is Leadership/Influence the problem with Putin and Russia..
The best leaders in the world,will create massive movements of nations/people behind him..
The worse leaders are people that are Disrespected (Putin) and that nobody takes him seriously.
Outside Russia borders..

So the best quote i saw about Russia problems.. is what i told previously..
is that Russia culture ends at its borders and after that ,is American culture what rules..
Russia needs to detach from its glorious past and create a totally new and better version of Russia.
Re-invent itself..  develop a modern culture..without dropping of course the morals and values which is important too..   If Putin wants respect and PEACE .. is not with mass production of hypersonic missiles he will get it.. but with bases in the moon and mars.. Space tourism , space explorations unquestionable leadership , with a better global internet controlled by Russia.. and a real alternative to Intel ,Apple and Microsoft.. that totally dominates the personal computer market..    This is how Russia will earn respect.. by offering a better alternative to the American business world.   But Putin is totally out of his mind ,when he spend $60 billions USD  in olympics "to promote friendship" and good relations.. nothing of that happened.. new cold war now in progress.. that can be hot at any moment.

Only when Russia becomes a real successful ,real INDEPENDENT nation and develops real alternative to
the American business , it will earn the Respect and the security that Russia wants ..

But putin is not countering the American empire at all.. Putin is the greatest gift possible for American Empire.
Because he don't counter Americans business influence in the world.. what he do is create better weapons, to
dissuade Americans from trying a direct war with Russia.. so they change the tactics and do it indirectly instead.
is awful.. Putin is really mediocre.. almost as bad as Gorvashov and yeltsin.

Thanks for answearing i disagree with almost everything, other parts i dont understand...food export is bad?
The best way to influence Europe is gas pipelines...you are against...
One credible source about the $60 billion in the olyimpics?
So you Said Putin Will not have peace with hypersonic missiles, but will have with Russia being a real alternative to Microsoft, Intel, Apple???

I agree That Russia(Putin) should be more agressive sometimes. All the Times they where they have won.
Who is the model country That Russia should follow on your opinion?

Moody's upgraded Russia's sovereign rating

MOSCOW, February 9 - RIA News. The rating agency Moody's upgraded Russia's sovereign rating to investment "Baa3" from speculative "Ba1", the outlook is stable. Now Russia has an investment rating from all three leading international rating agencies.
"The increase in Russia's rating reflects the positive impact of measures introduced in recent years and aimed at strengthening Russia's already reliable state finances and external indicators and reducing the country's vulnerability to external influence, including recent sanctions," the agency’s release said.
Earlier, Fitch, an international rating agency, maintained Russia's rating at BBB- with a positive outlook. S & P confirmed Russia's investment rating at BBB-, with a stable outlook.

https://ria.ru/20190209/1550623591.html

How the hell Russia had so low credit rating?

Portugal with 121% debt in 2018, déficit of 0.6% and no reserves was upgraded to investiment grade, compare with Russia Numbers!

Good overdue news anyway.

dino00 wrote:How the hell Russia had so low credit rating?

Because the dishonest dirt-bags who own and control these rating agencies have a policy to shit-can Russia at every opportunity. They are limited however in the depth of dishonesty they can ply due to the need to keep a minimum of credibility. They only back away from the doom-n-gloom BS when they have no choice.

Austin wrote:Nice 
By 2025, the Russian defense industry complex could deliver civilian products for 2.2 trillion rubles for national projects - Ministry of Industry and Trade

good  to hear that they base first on internal demand, which cn be internally managed. Otherwise no percentage can be assured - "partners" would block any market with sanctions immediately.


@Vann


1) "Russia wasted 60bln $ on Olympics" and " is not trying to influence world population in a positive manner"? dunno how to you but for me those re contradict statements.

2) tell me more about your vision how to build moon cities instead of missiles. How would you impotent it in practice? how would you build Russian Microsoft or Google? with weak army?

Big_Gazza wrote:

dino00 wrote:How the hell Russia had so low credit rating?

Because the dishonest dirt-bags who own and control these rating agencies have a policy to shit-can Russia at every opportunity.  They are limited however in the depth of dishonesty they can ply due to the need to keep a minimum of credibility.  They only back away from the doom-n-gloom BS when they have no choice.

They have already explained here: books were cooked, if were not then data is crap, govt is lying to please Putin. All (Bloomberg sources outside Israel Brooklyn ) agree: this year will be really slow.

https://www.bloomberg.com/news/articles/2019-02-08/russia-keeps-rate-on-hold-as-ruble-rally-cools-inflation-risks

not as honest  as in the US, for sure.

[quote="dino00"]Thanks for answearing i disagree with almost everything, other parts i dont understand...food export is bad?
The best way to influence Europe is gas pipelines...you are against...
One credible source about the $60 billion in the olyimpics?
So you Said Putin Will not have peace with hypersonic missiles, but will have with Russia being a real alternative to Microsoft, Intel, Apple???  

I agree That Russia(Putin) should be more agressive sometimes. All the Times they where they have won.
Who is the model country That Russia should follow on your opinion?

food export is bad?

Never i said that food is bad.. but that Putin should not focus/place most its energies on an economy based on food exports...is a different thing.. Leave the food for the lower level private business if they desire it , but the big business ,big investment should be done in future looking high tech .Modern business , in things that are very popular among society.

Putin needs to FIGHT Americans is that simple... Either with Guns or with Business .. but need to fight.. which part of Russia needs to Fight American influence in the world you don't understand?

Russia is doing very well countering American military.. so why he don't COunter american business too?

The only reason why Europe follows Americans and NOT RUSSIA is ... LEADERSHIP..
and you gain leadership by leading the world into the future.. by lead..    
Putin's olympics is not how you counter American leadership.. I remember how CUba used to win many gold
medals ,still Cuba was seen as a third world nation..

So Putin needs to FOCUS the budget of Russia in offering a Better alternative to american most
influential business.    If he stay with easy low risk business like wheat ,like bananas or like weapons ,
he will not develop Leadership it needs to counter US influence in the world..

Instead of Oil , Russia should create business to get rid of it..
Develop Free energy cities.. that will call the attention of the world.. Free energy cars.. that don't use fuel..
thats how you create influence.. by creating an free energy revolution ,
This will also Break US petro dollar system..      and bankrupt the nations exporting and financing terrorism with the oil they sale..  

Instead of winning sports Olympic medals .. he need to focus in winning in space medals ,in space exploration.
Instead of Cultural tourism to visit the old Russian past ,he need to focus in SPACE TOURISM..

there is so many things Putin could do ,to transform Russia into a very influential nation ,more than USA..
but he don't do it.. because he is a clueless President with no ambitions..and no leadership.. he only follows
the current.

If i was Russian president instead of Sport revolution , will be promoting an EDUCATION revolution..
To promote science that create mayor industry and NOT useless sports. that people get lifetime injuries..
for a stupid medal.. not so healthy as putin the fool claims.

Russia could also develop technology to transform Russian weather.. for example a nework of big artificial
satellite like mirrors.. that reflect sun light in Russia and transform Russian cities into warm tropical zones..
looks science fiction now.. but so it was flying to space too ,100 years ago.

Russia needs to look a nation like Japan.. is smaller ,have less population ,don't have oil ,neither gas..
not even have nukes.. yet is a very respected NATION..  everyone respect japan business.. their economy is bigger than Russia.. albeit they have a huge debt.. so Russia needs to imitate the good things other nations do. .
South korea is a tiny nation but with a Huge influence in modern electronics that Russia don't have.

Putin should privatize Gazprom ,sell it to germany and france.. and demand a tax for every export of gas..
and with the money they make invest it in a high tech & space revolution for Russia. and if a major war start. with US ,Russia can nationalize it back.. for free . no problem.. So this will force germany and France and Europe to prevent Americans from starting a war to defend their investents in Russia.  

Like i said before , Russia is under siege its economy.. so it can't develop an economy ignoring that powerful nations are already at war with Russia..a slow war.. to break Russia through damaging its economy..
So Putin needs. He needs to FIGHT back.. he can't stay iddle just expecting the west "to come back to its senses".
If he don't use its military to fight.. he needs to use its business.. But selling potatoes is not how you fight American world influence.. but replacing ,all major top Business that Americans use to influence the world..
in silicon valley.  Russia needs to fight creating an Alternative modern business world ,than the American one.
new internet , new energy system ,new computers ,space exploration ,space tourism.. an alternative to US entertainment.. etc..

Putin strategy is a total FAILURE.. he only build better nukes to earn respect..what a fucking moron..
If Russia was an influential nation with the west ,it will have disbanded NATO long long time ago and will not have a need to invest so much in weapons.. and Americans more interested in cooperation with Russia advanced business.. advanced quantum computers and space explorations. But im afraid Russia is doomed with that Idiot in power.. no idea why they want Putin out.. he is so bad ,so mediocre.. so outdated.. he have no ambitions.. he even himself ,have said that US is the only super power and that he is not interested in leading ,as Americans.. so shows how mediocre he is.. and later the idot don't understand why Russia interest are not respected in the world.

IF putin don't want a world war 3.. with Americans .. he have NO CHOICE.. but to fight back,he needs to influence the west US or Europe with business. and is not just any civilian business.. but Russia needs to counter TOP American most influential business , if it wants to break US economic power and control and influence over the world.

Americans are building a world empire. Putin with Russia , what he is building is a nations with "stability"
and the capital of "healthy food" and "healthy sports".. So don't you see a big lack of ambitions on putin?
Russia don't have the luxury to be like India.. that is a neutral nation that disconnect from the world and only
thing they care is what is good for them.. and will look to the other side even if half of the west is in flames..
Americans are in an undeclared war against Russia .. everyone needs to always remember this.. all
US agencies ,policies budget are aimed at Total Destruction of Russia. So Putin and Russia will NEVER have peace
will never have sustained major progress on its economy ignoring Americans Empire and NOT countering them.
So Russia have no choice but to FIGHT BACK.. the American Leadership in the world.. if don't do it with Russia military ,will have to do it with Russian business..that counters American best ones..but needs to fight.. it have no other alternative if want to save Russia. Needs to fight back.. Ending the use of american dollars , is not going to do a shit on US ,as long US influence and leadership not countered. Russia needs to build a counter Empire.. to the American one.. 100% independent of US.. and it can do it with help of India and China.. and many other asian nations.

German banks maneuver in Washington to temper Russia sanction risk

https://www.reuters.com/article/us-usa-russia-sanctions-germany/german-banks-maneuver-in-washington-to-temper-russia-sanction-risk-idUSKCN1PX1QY

“In their current form, the proposed bills would no longer just target the Russian President and oligarchs with close ties to Putin, but would effectively place an embargo against the Russian Federation,” according to an extract from the document prepared by the Association of German Banks.


“International financial institutions which already operate in Russia would face new sanctions with massive business and compliance challenges.”

Austin wrote:German banks maneuver in Washington to temper Russia sanction risk

https://www.reuters.com/article/us-usa-russia-sanctions-germany/german-banks-maneuver-in-washington-to-temper-russia-sanction-risk-idUSKCN1PX1QY

“In their current form, the proposed bills would no longer just target the Russian President and oligarchs with close ties to Putin, but would effectively place an embargo against the Russian Federation,” according to an extract from the document prepared by the Association of German Banks.


“International financial institutions which already operate in Russia would face new sanctions with massive business and compliance challenges.”

Thats good news..
maybe now Putin the clueless President will realize.. that their "western partners" are very serious about destruction of Russia.. and will stop looking like an idiot , whenever say , he hopes "the west come back to its senses..".
This is the only way the moron will wake up.. and fight back , and no longer speak in terms of hopes.. that this is a "Sabotage of Russia-US relations" but that Russia remains hopeful of "improving relations."  

Putin needs to welcome the war.. accept the challenge ,Fight BACK.. if he don't have balls to fight with the military.
then he needs to break American most influential business and the full scale militarization of space.. China is the ONLY nation fighting US... now Huawei eclipes Iphone sales in Asia and in the world.. this is how you fight.
offering a solid alternative to US most popular business.. if China can counter many more popular US business ,
then China will become one day a bigger version of South korea and japan.. and a real alternative to US business..
With Putin in power ,is unlikely he will counter anything.. he is happy with being humiliated all the time and slapped in the face.

What realistic options does Russia have if US places Blanket Sanction on RF , THis looks like IRan/NoKo type sanctions.

[size=34]Russia-led free-trade zone will soon include 5 more countries[/size]


https://www.rt.com/business/451039-russia-free-trade-zone/

Austin wrote:What realistic options does Russia have if US places Blanket Sanction on RF , THis looks like IRan/NoKo type sanctions.

With Putin in power? Zero.

Because he don't counter American system ever.. he follows it..
and now americans are telling him.. you are not welcome in our system..

So i consider this positive.. if happen and with Europe support..Because will show Putin failed
miserably to draw away Europe from US destructive path. and finally Russian will get rid of him.

Any average person with a brain ,leading Russia will have concluded by early 2000s after 9/11 fake war on terror..
that Russia and US will never get along ..that their interest will collide and that there is not a place for
Russia in the american world. and  Russia ,will never have security or peace unless US leadership countered
and an better system created..a start a new race for influencing Europe away of US orbit with more ambitious business.

I think he knows countering it without being strong will lead to Venezeula like situation or Iran.

So instead of hitting US business , He is first trying to make Russian Economy strong by building it and against all odds. 

Because you can fight with all your Energy you have against a system that is designed to favour the US/EU .....Unless you have a Economy like China you cant do it.  

My take is Putin will take hit and will wait for the next Financial Crisis to make the next move so will China. 

Short of Declaring a WW3 , US has tremendous capacity to bring lot of force against Russian economy all the IMF , WB ,SWIFT Sanctions you name it are for its own goal


Leaked Wikileaks Doc Reveals US Military Use of IMF, World Bank as “Unconventional” Weapons


Reason we need AIIB and NDB and  should be a major player in this , Not that IMF and WB are in US pocket was not known but wikileaks document confirms it

Austin wrote:I think he knows countering it without being strong will lead to Venezeula like situation or Iran.

So instead of hitting US business , He is first trying to make Russian Economy strong by building it and against all odds. 

Because you can fight with all your Energy you have against a system that is designed to favour the US/EU .....Unless you have a Economy like China you cant do it.  

My take is Putin will take hit and will wait for the next Financial Crisis to make the next move so will China. 

Short of Declaring a WW3 , US has tremendous capacity to bring lot of force against Russian economy all the IMF , WB ,SWIFT Sanctions you name it are for its own goal


Leaked Wikileaks Doc Reveals US Military Use of IMF, World Bank as “Unconventional” Weapons


Reason we need AIIB and NDB and  should be a major player in this , Not that IMF and WB are in US pocket was not known but wikileaks document confirms it

You create strengh by leading..
if Putin invested those $60 billions he totally wasted in Olympics.. and used them for a very ambitious
space program.. and had cosmonauts walking in the moon today , then none of this american influence
will matter,, Nations will refuse to follow US demands to talk to Russia.. Their own American citizens will
demand to get better relations with Russia.. because they love space exploration..

None of this Ukraine conflict and syrian one.. will be happening if Russia energy was private an
sold to France and Germany.. and Russia had a very influential nation for ukrainians.. Even those in Donetsk
that now are in Russia side ,wanted to be part of Europe when soviet union collapsed....


Putin had plenty of opportunities to make Russia a real alternative to US..but he wasted all his energies
in just transforming Russia into saudi arabia of Asia..and then meaningless olympics.. he simply don't understand the west.how to counter US influence the world , and leadership.. China seems to understand better how to counter Americans.. notice how after Trump sanctions China ,he needs now to negotiate with them..for ending
the trade war.. since CHINA did hurt US economy.. Russia did not harm US economy in any way or form.
Huawei did hurt apple sales. big time.. this is how you fight .. US system..by defeating their popular business
that everyone likes.

If you need World Class Ifra you have to invest money and if you are hosting an international event you have to build a world class infra.

Hind Sight is always 20 20 , If Putin by his Oracle power knew how event would shape up post 2014 he would have done things differently , I am sure if Putin knows today how things shape up in 2025 and every year in between he would shape things differently. 

Sochi is now a world class place in every aspect not just sports but tourism etc and the invested amount will pay off to Russia much beyond when his reign end.  


The thing is what can be done now that will help in making Russian Economy Stronger and minimise sanctions impact without significantly impactng lives of Russian people would matter to him more. 

You can always waste your energy fighting US and other nations but you wont end up building any thing ........ US was a very prosperous econnomy in 1998 look where it is today , look at the Wars they fought and lives lost something that wont come back ......You dont want RUssia to be in that place with a much smaller economy

if Putin invested those $60 billions he totally wasted in Olympics.. and used them for a very ambitious
space program.. and had cosmonauts walking in the moon today

Are you sure you are not advocating to bankrupt Russia with over extravagant space projects? Lets say Russia did managed to land cosmonauts on the moon, then what? Aside from fame and publicity, how will such achievement ‘Help’ Russia? Will it raise Russian demograpics? Consumer spending? Gdp growth of 10%+? Magically make Russia the number 1 economy of the world? How would cosmonauts walking on the moon defend Russia against Nato invasion?

Austin wrote:What realistic options does Russia have if US places Blanket Sanction on RF , THis looks like IRan/NoKo type sanctions.

You sound like you suffer from complete mental disorder.  Ever heard of edit button?

Anyway, RF almost has all NK/Iran style sanctions on them.  So what?  Are you so seriously void between the ears you cant seem to pick up old news about Russian banks being banned by US?  Quite a few of them have been.  If Sberbank is banned, then all they do is move all their money back home to Russia.  Invest in Russian assets and look to do dealings with other nations other ways.

EU snubbed US multiple times as is with trade with Iran.

Austin, you cant seem to figure out US does not equal the world.

Just an FYI, something you even posted yourself but I suppose you either have a split personality disorder and your other half posted it, or you may have alzheimer's which in this case you need to get checked out.  But aside from not being banned by SWIFT yet, they already have pretty much close to maximum sanctions on them.  Russia in turn has already tested swift alternative. If US banned Russia entirely on world market (which they cannot), they will find that a lot will not want to work with US and well, prices on US aircrafts will all of a sudden skyrocket with Titanium prices going through the roof. In which case, Russia could make a killing selling it to third parties and or through black market.

Get a grip already.

Austin wrote:What realistic options does Russia have if US places Blanket Sanction on RF , THis looks like IRan/NoKo type sanctions.

selling Iran and Korea nukes and missiles ble to sink US carriers? plce Missiles on Cuba/Nikaragua? But sanctions against Iran ad Korea re UN based. You cnnto do it with Russia.
Nobody would listen to other ones. CATSA is already in place. nd India && Turkey bought S-400. China S-400 + S-35. Besides how would you imagine to stop 40% of EU gas import and ~30% of crude? + titanium for Boeing/airbus? nuclear fuel for power plants in US?

Nibiru wrote:

if Putin invested those $60 billions he totally wasted in Olympics.. and used them for a very ambitious
space program.. and had cosmonauts walking in the moon today

Are you sure you are not advocating to bankrupt Russia with over extravagant space projects? Lets say Russia did managed to land cosmonauts on the moon, then what? Aside from fame and publicity, how will such achievement ‘Help’ Russia? Will it raise Russian demograpics? Consumer spending? Gdp growth of 10%+? Magically make Russia the number 1 economy of the world? How would cosmonauts walking on the moon defend Russia against Nato invasion?

I still fail to understand what is Vnns programme. With given resources he wants to counter + copy USA 70 years of empire building nd economic way of development?

miketheterrible wrote:

Anyway, RF almost has all NK/Iran style sanctions on them.  

Talking bout Iran, 10 months to go. :

Russia is ready to develop military-technical cooperation with Iran after UN restrictions are lifted - Shugaev

http://militarynews.ru/story.asp?rid=1&nid=501194

*** Iran may be offered a draft system of integrated protection and defense of the coast of the Persian Gulf



Moscow. February 6. INTERFAX - Russia can offer Iran a system of integrated protection and defense of the Persian Gulf coast, the head of the Federal Service for Military-Technical Cooperation of Russia Dmitry Shugaev told the Kommersant newspaper in an interview.
According to him, Moscow is ready to expand military-technical cooperation with Tehran after the lifting of restrictions by the UN Security Council, which are valid until 2020.
"In particular, we could offer Iran a project to create a system of integrated protection and defense of the Persian Gulf coast. 2020 is not far off, in this regard, we believe that a new stage of interaction with Iran will begin. Today we are fulfilling our international obligations and do not violate them ", - said D.Shugaev.
He said that until 2020, military-technical cooperation with Iran is limited, Moscow does not supply offensive weapons to Tehran.
“As is known, air defense systems are not included here: in 2016, we made a delivery, completed warranty obligations in 2018, and today we continue servicing as part of a service center created in Iran (technical service center - IF). on the subject of electronic warfare, this is also not prohibited. And the interest in various air defense systems from partners has not gone anywhere, since, besides the fact that our systems have high characteristics, they can be integrated into a single circuit, "said D. Shugaev.
As Interfax reported, in 2016, Russia fulfilled a contract to supply Iran with long-range S-300 air defense systems. These are defensive systems that are not subject to UNSC restrictions. Iran paid the Russian Federation for the supply of S-300 about $ 1 billion