kvs wrote: And having Russian companies pay off US extortion in the short run gives the US the dose of complacency they need.
So basically you are saying that by being Polite with the west and obeying their demands that will stop them from damaging Russia ? Omg. now im convinced you don't have brains , how old are you ? 90 ?
So what stop US from more fines the next week ? let me guess ... NOTHING... The report says this is the second company Americans fine in Russia and they pay back..
You understand that? a bully punch your face and you do nothing the next day he will come again and punch you again in the face but this time harder.. since you do NOTHING...
This forums is full of crazy ignorants radical fan boys with a total distorted view of reality. never heard that politeness will earn you respect from people that enjoy punching your face.. and stealing your money. only when you fight back , and hit hard back your enemies , they will understand they crossed a line and will think twice next time.. because it was self defense. ..
Only China is fighting back (with Business what i propose) US empire.. Apple iphones sales now third best.. when they used to be the top company.. Only when Putin sacked from power and a Strong leader with vision in place , Russia will earn the respect it needs .. perhaps make China leader Xi Jinping the President of Russia too.. he have the balls and vision to fight the American system.. Putin is the worse President of Russia ever by far.. his predecesors as bad they were ,at least they knew when they sucked and resigned ,when they knew Russia was going nowhere with them. Putin needs to resign if he don't have a clue of to counter his enemies.
Austin wrote:How come US is not impacted by Inflation after spending more than 25 % of its GDP on Afgan War Alone ?
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they have printer and all vassals, slaves or doggies re buying t-bonds. Which means inflation is exported and wealth received. Now let me sk you question why Modi didn't obey US with S-400 r cooperation with Russia? Because he knows that if Russia looses India will become money slave to ever growing US appetites
Vann7 wrote: So what stop US from more fines the next week ? let me guess ... NOTHING... The report says this is the second company Americans fine in Russia and they pay back..
nd what they should do? bankrupt both companies? wow
V7 wrote: This forums is full of crazy ignorants radical fan boys with a total distorted view of reality. never heard that politeness will earn you respect from people that enjoy punching your face.. and stealing your money. only when you fight back ,
wow, now tell me as business expert what would you do? bankrupt economy? health services? sent people on the streets? have Russia to cease of its existence? So far your advices re on level of Ukro politicians. Look at shieeeeet in their economy.
kvs wrote: Which nullified the over-estimated $6.5 billion impact of the sanctions. But the morons in Congress think that applying the same procedure over and over will ultimately yield the wanted result.
It is not that much about money IMHO US wants to hit Russia to slow down development so it run slower. To stop form cresting hi -tech, science , technologies so Russia will easy military prey in 20-30 years. Look @ Iran now.
kvs wrote: So any folk wisdom that exposes the lunacy of the NATO leadership is to be defamed and "debunked" so that the sheeple can live in their newthink Orwellian utopia.)
most of people dont remember what was last year ... they are easy reprogrammable
The reserves of monetary gold from the gold reserves of the Bank of Russia increased to $ 91.64 billion. This is a record figure for the newest history of Russia, the Central Bank of Russia reports on March 7 .
In February 2019, gold reserves increased by 2.4%. Total reserves increased by 1.4% to $ 482.8 billion.
It is noted that the main factor for the growth of reserves is their revaluation due to changes in the course and additional oil and gas revenues sent to the National Wealth Fund in accordance with the budget rule.
The gold reserves are controlled by the state monetary authorities. It is formed by the receipt of excess foreign currency in Russia. A reserve may be required in the event of a balance of payments deficit - then importers can buy the missing currency for their needs from the Central Bank of the country.
In February, it became known about the growth of monetary gold reserves in January 2019 by 6.22 tons. As of February 1, they are estimated at 2,118.15 tons.
Russia offered Serbia to order Russian ships on lease
As Deputy Prime Minister Yury Borisov noted, such a scheme is more acceptable for the Serbian side.
https://tass.ru/ekonomika/6197678
miketheterrible wrote: They already do, must I repeat myself? Elbrus 4C, Elbrus-8C. Both used in Kraftway computers and Ineum.
Although they need to shit can windows and just showcase it in linux. Future is open source anyway as Vulkan API and others interests in open source is rising.
Lets agree to disagree.
I hear you but what is market share of Russian computers? smartphones? cars? or any commercial goodies? This has nothing to do with ability to create. You you want people to buy your stuff? convince them.
Sustainable solution is to build a brand which people want to buy. Easiest in is new niches.
Of course it is debatable whether Russian govt is doing enough to help companies to build brands, scale up, develop tech or create govt sector artificial suction for products.
GunshipDemocracy wrote: wow, now tell me as business expert what would you do? bankrupt economy? health services? sent people on the streets? have Russia to cease of its existence?
No sense , perhaps you don't remember anything past week or earlier.. But i remember Clearly how Putin was Mocking macron the president of France in St Petersburg Conference for obeying American sanctions.. for paying the fines that the US Injustice department gave to France..
He was lecturing Macron how he needs to defend his sovereignty ...and independence. bla bla bla.. But now the ckicken coward is allowing Americans to fine Russian telephone companies with $$billions. So it proof without doubts that Putin is full of shit.. and no so smart and the fanboys think..
Dont obey Americans ,don't pay .. but later he allows US to sabotage Russian companies with fines and don't protect them.. Putin is victim of his own incompetence.. if he really pushed Russia for a real Independence by creating an alternative system to the US one , and developed Russia in another way .. countering American high tech companies.. and a very ambitious space program , none of this sanctions will be any effective ,and NATO not even exist ,if bases removed ,since EUrope long time ago will have switched alliance.. and moved to follow Russia.
But Putin the Weak , he did nothing to counter US Business ,something that will have breaken their influence in the world . and just hoped to be left alone selling energy in peace with Europe.. It took the moron the Ukraine conflic.. to realize Russia needs import substitition.
he told.. how great are the sanctions because force russia ..to become independent bla bla bla.. If he had any fucking clue of what needs to be done.. he will have pushed an import substitution in his first 4 years ..as soon saw what NATO did to yugoeslavia and began NATO expanding to Russian borders..
I hear you but what is market share of Russian computers? smartphones? cars? or any commercial goodies? This has nothing to do with ability to create. You you want people to buy your stuff? convince them.
i have been telling mike a trillion of times the same thing.. is not about creation of things.. tech demos that never go to retail or at international level. but about building strong business that defeat US ones.. This is not about being Anti American.. but about Leadership , once US realize their business are no longer the leaders , in advance business, and that Europe is moving towards Russia orbit.. then their sanctions will be useless if Europe don't follow... and best of all NATO can't exist without Europe support.. Not even american military bases will be there..and not even US warships could navigate near Russia waters if don't have refueling ports.. This is why NATO exist.. American have influence with Europe and Russia not. people and nations will always follow Leaders. and ignore Losers and outdated nations.
Now just 1 company of China.. Huawei.. have changed public perception about China.. no longer China is disrespected its nation capabilities after the landing in the moon and leadership in electronics . Now everyone wants a huawei mate X... everyone is speaking about it.. In Europe that phone creates crowds of people interesting to see it.. wow.. amazing.. some of the words people say.. This is What Russia needs to do.. Beat American very popular business and the world will follow you.
This is not just a laboratory tech demo .. but a real product.. the most advanced phone in the world and is made by China So important it is ,that Trump is seeking to ban huawei sales world wide.. But every comment i see on internet.. is my next phone will be huawei.. this also attract Tourism , and promote patriotism in the nation..and best of all ,this creates a major huge business oportunities and new doors opens for China economy.. investors will bring a lot of money to invest in Chinese communications.. Putin will not earn respect and counter US hegemony by staying with gas discounts ,potatoes farming and taxi to the ISS.. he is an absolute embarrasment .everything he did for Russia in first 4 years will be wasted for nothing if in the end ,he becomes pleased with "nation stability" and "peaceful" and healthy life ,while his enemies increase the hostilities on Russia. The only hope Russia have to not break is that Europe grow some balls and counter Americans unfair system and put breaks on them... because i doubt Russia under Putin will ever do anything to harm American very popular and influential bussines with Russian business leadership. Only China is doing that.
Last edited by Vann7 on Fri Mar 08, 2019 8:35 am; edited 1 time in total
dino00 wrote:Russia's monetary gold reserves hit a record
The reserves of monetary gold from the gold reserves of the Bank of Russia increased to $ 91.64 billion. This is a record figure for the newest history of Russia, the Central Bank of Russia reports on March 7 .
In February 2019, gold reserves increased by 2.4%. Total reserves increased by 1.4% to $ 482.8 billion.
It is noted that the main factor for the growth of reserves is their revaluation due to changes in the course and additional oil and gas revenues sent to the National Wealth Fund in accordance with the budget rule.
The gold reserves are controlled by the state monetary authorities. It is formed by the receipt of excess foreign currency in Russia. A reserve may be required in the event of a balance of payments deficit - then importers can buy the missing currency for their needs from the Central Bank of the country.
In February, it became known about the growth of monetary gold reserves in January 2019 by 6.22 tons. As of February 1, they are estimated at 2,118.15 tons.
The Russian government figured out that all western fiat can be manipulated indefinitely. Any attempt to drive gold to zero via market shenanigans will hurt the manipulators themselves. You can see how busy the US is grabbing gold from Ukraine, Syria and soon Venezuela. They would not be grabbing gold if it was worthless. So gold will always recover value. In addition, gold will rule during any societal collapse as it has for thousands of years.
Yes , I have been stating this on the board long before the crisis with West that CBR should buy Gold as much as it can.
Its post 2014 crisis that they seriously started making Gold as part of their forex.
They need at least 5000 T of Gold , Then they can also have a Gold Back Ruble.
It is possible in the next Financial Crisis Gold worth will be re-evaluated as Fiat currency will eventually run out of steam , Presently Gold prices are manipulated by Paper Gold
From what I read Russia has 12,000 of Recoverable Gold Reserves in its mine and CBR is currently buying 90 % of the Russian Gold that is mined.
GunshipDemocracy wrote: wow, now tell me as business expert what would you do? bankrupt economy? health services? sent people on the streets? have Russia to cease of its existence?
Dont obey Americans ,don't pay .. but later he allows US to sabotage Russian companies with fines and don't protect them..
sure they would not pay and what next? Megafon is dead (its shred on LSE are confiscated, $ accounts blocked - any bank servicing them under sanctions ). But most funnier Usmanov next accounts are blocked so tens of thousands Russian jobs are gone (Mail.ru inclusive ) . Congrats genius. Any other ideas?
China's ZTE apologizes after paying 'disastrous price' in U.S. sanction case
HONG KONG/SHENZHEN, China (Reuters) - The chairman of ZTE Corp (000063.SZ) (0763.HK) apologized to staff and customers on Friday after the Chinese technology firm agreed to pay a $1 billion fine to the United States to end a supplier ban that has crippled its business.
V7 wrote: But Putin the Weak , he did nothing to counter US Business ,something that will have breaken their influence in the world . and just hoped to be left alone selling energy in peace with Europe.. It took the moron the Ukraine conflic.. to realize Russia needs import substitition.
no, genius he was hurrying up with Avangard, Poseidon & Co to be able to defend Russia first
BTW what would you do in 2012 if west would stop selling food to Russia? starve population?
V7 wrote: If he had any fucking clue of what needs to be done.. he will have pushed an import substitution in his first 4 years ..as soon saw what NATO did to yugoeslavia and began NATO expanding to Russian borders..
in 98' GDP (Google) ratio was more then 30:1, Russia defaulted, Vth column in power. Russia was on verge of collapse. :
Russia..........$271B US..........$9,000B
remind me what did you say about countering influence?
V7 wrote: once US realize their business are no longer the leaders , in advance business, and that Europe is moving towards Russia orbit
if Gorbachev was killed in 90s and Soviets run "Tiananmen" to all republics perhaps now it looked differently. Now genius West/Russia GDP PPP is 12(14?):1
V7 wrote:So important it is ,that Trump is seeking to ban huawei sales world wide.. But every comment i see on internet.. is my next phone will be huawei.. this also attract Tourism , and promote patriotism in the nation..and best of all ,this creates a major huge business oportunities and new doors opens for China economy.. investors will bring a lot of money to invest in Chinese communications..
And that's why China politely does what Trump wants
Trump, Xi summit being discussed for late March as China commits to buying $1.2 trillion in US goods https://www.cnbc.com/2019/02/22/trump-xi-discussing-late-march-summit-at-mar-a-lago-sources-say.html
V7 wrote:Only China is doing that.
indeed only China, Russia cannot invest $1,2 trillion in US treasuries and same time buy US goodies for $1,2 trillions too.
Gazprom Export LLC successfully conducted the first gas sale on the ETP for rubles
Gazprom export LLC successfully conducted on its electronic trading platform the first deal with the sale of gas for export to Western Europe at a price set in rubles. The transaction was realized on the terms “by the end of the month” with delivery to the NCG center. The volume of gas sold was about 80 million cubic meters. m
“Today's trial deal is not only commercial, but also truly symbolic. Perhaps, for the first time in the history of Gazprom Export, a Western European company buys gas from us and pays for it in rubles. It is too early to give far-reaching forecasts. But we plan to further develop sales in rubles through the domestic Electronic Trading Platform, ”said E. V. Burmistrova, Gazprom Export General Director. reference The electronic trading platform (ETP) of Gazprom Export LLC is intended for the sale of physical volumes of natural gas to European consumers in addition to deliveries under existing contracts. Gas sales via ETP began at the end of September 2018. Since the beginning of the electronic platform, the company has sold about 3.0 billion cubic meters. m of gas, having concluded contracts with more than two dozen counterparties.
Hopefully Russia will not give in to this blatant American blackmail attempt
US business threatens to stay away from Russian economic forum
US executives and officials are threatening to stay away from Russia’s premier economic forum in response to Moscow’s continued detention of prominent American investor Michael Calvey amid growing anger at his treatment.
Jon Huntsman, the US ambassador to Russia, said he would not attend the St Petersburg International Economic Forum while Mr Calvey remained in jail, and no important US company leaders have made plans to attend the June event, according to people with knowledge of the situation.
Mr Calvey set up Baring Vostok 25 years ago and the fund is now the largest private equity investor in the country. He was arrested last month on suspicion of defrauding Vostochny Bank of Rbs2.5bn ($37m) and has been denied bail.
The 51-year-old, who denied the charges, said the case was being used to pressure him and his fund as part of a corporate dispute with another shareholder in the bank.
Since the opening of the investigation, which President Vladimir Putin is understood to support, several US businesses have cancelled planned investor trips to Russia or sought advice regarding the safety of their American employees in the country, people with knowledge of the discussions told the Financial Times.
“It is hard to overestimate how freaked out people are . . . and the depth of people’s apprehension,” said one of the people, who declined to be named owing to the sensitivity of the case.
“People used to tell themselves that X, Y or Z happened to someone because they did not follow the rules or were too political,” they added. “The reason the Calvey case has been so disturbing and game-changing is that with him it is impossible to construct that narrative . . . If he is in jail, it could happen to anyone.”
Many prominent US investors in Russia or senior executives at American companies operating in the country are friends with Mr Calvey and his family. Russia’s largest foreign business lobby groups have called for his release, while several prominent Russian executives have publicly voiced their support for him.
Mr Calvey’s arrest has further damped foreign investor appetite in Russia, already battered by the geopolitical fallout from souring relations between Moscow and the west, and the impact of sanctions imposed by the US, EU and others against Russia for its 2014 annexation of Crimea.
“There is damage to the investment climate [by the Calvey case] and a lack of international presence in St Petersburg would be a clear sign of that,” said one senior foreign executive in Moscow.
Mr Huntsman, who has been a strong advocate for deepening US-Russian corporate relations in recent years, told representatives of American businesses in Russia last month that as long as Mr Calvey remained in jail, he would not attend SPIEF.
A spokesman for the US embassy in Moscow declined to comment. “Accreditation for the forum is open and will continue up to the start of the event,” the organisers of SPIEF said, adding that the US delegation is traditionally one of the largest.
SPIEF is Russia’s most prominent corporate event, and last year was attended by eight US chief executives including Boeing International head Marc Allen, in addition to Mr Huntsman and the heads of energy groups Total, BP and Royal Dutch Shell.
Russia has sought to use SPIEF to present itself as a global business and trade power. President Emmanuel Macron of France, Indian prime minister Narendra Modi and Italy’s former prime minister Matteo Renzi have been guests in recent years.
The Kremlin dismissed the threat of a reduced US presence, saying it had not been confirmed.
“You can recall these messages every year before the Petersburg Forum . . . in which some kind of boycott, non-arrival, and so on are predicted,” Dmitry Peskov, the Kremlin’s spokesman, told reporters. “Until now, all such messages have not been confirmed . . . We are counting on the same activity this year [as previously].”
Mr Peskov said he knew of the concerns over Mr Calvey. “Every time, we assure our trade and economic partners that Russia was, is and remains committed to the main goal of creating the most comfortable conditions for foreign business and foreign investors here in our country,” he added.
Herman Gref, chief executive of Russia’s top lender Sberbank, which is one of the event’s four general partner organisations, said he hoped the charges against Mr Calvey were a “misunderstanding”.
Baring Vostok said in a statement that it had “often attended SPIEF and see it as an important event. As to this year, we haven’t had a chance to think about it.”
Nibiru wrote: US business threatens to stay away from Russian economic forum
wow, and wh at wold be l ack of their presence in numbers? if no US business then no French, Indian, Chinese, German or Korean ?
as usual the US seems to think that others will follow suit if they do something no matter how stupid that action is, they can also apply pressure to their "Allies" to do their bidding
Americans should keep their noses out of Russia. Russia does not need your predatory "investment". It is absurd for Russia to trade with its self-declared enemy.
The notion that the clown who was busted for corruption in Russia is "innocent" merely for being an American is absurd. All of these "friends of Russia" have gradually exposed themselves to be of the same species as Bill Browder. A crook who tried to game the system and got busted and has been on a crusade of resentment ever since.
There is something called due process. Let the arrested clown be acquitted in court first before dismissing any case against him. Foreign attempts at pressuring the Russian legal system are the opposite of due process.
Any foreign investor that stays away because of this, is because they have rather questionable activities going on and thus worry about their own corrupt activities within Russia. Some would call that black money.
If the US investors don't want to go, fine. So be it. Others will regardless.
Add to that, confidence in Russia's legal system would end up taking a nose dive if they give into the outside pressure and government steps in. Thus the west will bitch about that.
Remember that in this "Doing Business" index by the UN (Harvard) the protection of small shareholders in russian courts is much better rated then in german or french courts. Every time a criminal is caught in Russia he/she is innocent and the charge is politically motivated. Just like every western spy is just a businessmen, tourist...
Hole wrote:Now they can imagine how the rest of the world feels if a chinese business woman is arrested in Canada on behalf of Trumpistan.
but Huawei was passing by US sanctions, which is crime by definition! US infestor was only in money laundering scheme. BTW me thinks this was not about money (Rub 3B) so much but about Russian political struggle (Rosnano was mentioned...)
In "Rostec" reported on the growth of net profit of the electronic cluster
MOSCOW, March 12 - RIA News . Last year, Rostec's electronic cluster increased its consolidated revenue by 18% to 266.6 billion rubles, while net profit amounted to 12.4 billion rubles, which is almost eight times more than in 2017, RIA reported News in the press service of the state corporation. In the cluster apparatus they noted that positive trends continue to persist in 2019. As of March 1, the contracting of cluster enterprises in the line of the state defense order amounted to 190 billion rubles, in the line of civilian customers - 40 billion rubles, the amount of export orders exceeded 24.5 billion rubles. "The radioelectronic cluster is one of the main drivers of the corporation's development strategy. Creating high-tech products, entering new niches and increasing the share of civil products to 60% by 2025 are such strategic goals for cluster enterprises. The results of the 2018 show the growth of the main financial indicators of the cluster including revenue growth from civilian products by more than 55% and an almost 8-fold increase in net profit, a significant increase in the supply of products both to the domestic civilian market and through the ex port, "- said the head of Rostec Sergey Chemezov, quoted by the press service. The press service of the state corporation clarified that sales of civilian cluster products in 2018 exceeded 67 billion rubles (+ 55.4% compared with 2017), and its share in the total revenue structure grew from 16.9% to 23.2% . Exports of military and dual-use radio electronics increased by 56.1%, reaching more than $ 580 million.
https://ria.ru/20190312/1551734834.html
Yandex has bought TheQuestion question and answer service
https://ria.ru/20190312/1551738692.html
MOSCOW, March 12 - RIA News . Internet company "Yandex" bought the question and answer service TheQuestion, the report said "Yandex". It notes that TheQuestion will be combined with the Yandex.Znokoki service and will complement the search results of Yandex. The combined service will be led by TheQuestion founder Tonya Samsonova. In the near future, quick answers with TheQuestion will appear in the search results of Yandex. The amount of the transaction "Yandex" does not name.
Let Law follow its full course , If you keep releasing corrupt business men no matter which nationality they below it would leagalise corruption and make mockery of law and law enforcement.
If Americans want to Boycott some event let them do that , Russian Law should run its full course , If he is innocent he must be released with full respect else he needs to face Russian law like any other citizen.
Foreign investors are not known for their charity work, they want to make money, and if US investors refuse to invest in Russia, well that just means they wont be making money in Russia like the other investors that do invest money.
The crap about Russia not standing up to the US... what cards is Russia currently holding that would allow them to do that?
Russia is in no position to dictate to the US on pretty much anything and Putin knows it... he is not stupid... he is a bee and he is trying to go around his business without being bothered by some of the bigger animals in the jungle... because this is a special bee that when provoked has an attack that kills everyone including the bee. The bee doesn't want to die but it certainly wont put up with anyone stealing its honey.
Ironically the US is a big bear in this story and wants all that honey the bee controls, except unlike in the real world this bee can kill the bear and his entire family in one sting... the bear can do the same to the bee but fears getting killed in response so he keeps trying to get allies to upset the bee... maybe it will give up... but the bear is thick as pigshit sadly... it is used to using its weight and its power and not its brains to get what it wants and it has grown big and strong, but not so big and strong that a nice dose of Novachok from the Putin bee wont kill him dead and all his allies and stooges...
The point is that the best the bee can hope for is to not provoke an actual war where stinging becomes necessary.... there are lots of animals that trade services for the honey and don't smash open the hive to get it, but they are afraid of the bear... if the bear finds out they are getting honey then the bear might attack them instead to get its honey... the bear is bat shit crazy for that black gold liquid that makes cars go.
Regardless of the stink, the arrest of crooks of any nationality committing crimes in Russia is the right and proper thing. This particular case actually indicates that Russia feels strong enough that it can bear another wave of anti-Russian hysteria in the west. This should send a message to the crooks and their NATO patrons that the climate in Russia has changed. Time to start packing your bags.
kvs wrote:Regardless of the stink, the arrest of crooks of any nationality committing crimes in Russia is the right and proper thing. This particular case actually indicates that Russia feels strong enough that it can bear another wave of anti-Russian hysteria in the west. This should send a message to the crooks and their NATO patrons that the climate in Russia has changed. Time to start packing your bags.
Exactly. People like. Chubias, Kudrin and alike who are mad at this are mad because their free reign will be over as well. No more theft of Russia.
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So important it is ,that Trump is seeking to ban huawei sales world wide..
