involves AMD B450 chipset based models, but the same company is also going to start a production line for Elbrus and Baikal
motherboards.
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In total, since June 2015, according to the website "Makelanounas" and other resources, more than 1,585 import substitution projects have been implemented in Russia!
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miketheterrible wrote:https://sdelanounas.ru/blogs/141204/
Import substitution. April 2021
In total, since June 2015, according to the website "Makelanounas" and other resources, more than 1,585 import substitution projects have been implemented in Russia!
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MOSCOW, April 12. /TASS/. According to preliminary estimates, the surplus of the Russian federal budget in January-March 2021 amounted to 205.019 billion rubles, according to materials posted on the website of the Russian Ministry of Finance.
The budget deficit of the Russian Federation in January-February tentatively amounted to 645.05 billion rubles.
Revenues for January-March amounted to 5.299 trillion rubles, or 28.2% of the revenue for the year approved by the budget law; expenditures reached 5.094 trillion rubles (23.7%, or 22.7% to the consolidated budget painting, taking into account the changes made).
The federal tax service received the most revenue - 3.355 trillion rubles (or 27.5% to the forecasts), the Federal Customs Service sent 1.33 trillion rubles (26.7%).
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LMFS wrote:It is this kind of projects that the green hysteria in the West is trying to suppress, but "zone B" does not give a damn about their complaints, they will keep implementing them and forming the real, industrial base economy that determines the power of nations in the real world.
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lancelot wrote:
The first phase of the Amur GPP (two production lines) has commenced, from January 1, 2025 the GPP is expected to reach its design capacity. The launch of the enterprise will allow to produce up to 2.6 million tons of ethane, 1.6 million tons of liquefied hydrocarbon gases, up to 60 million cubic meters of helium and up to 38 billion cubic meters of marketable gas annually.
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Why semiconductors are important ? because it changes your life. ..,Dr. Elizabeth Sun ,
director of Taiwan Semiconductor Manufacturing Chip .
Why softdrinks are so very important ? because it gives you life. So you don't die of thirst ..,Dr. Fred Smith ,
Marketing Director of USA based CocaCola company.
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Vann7 wrote:nice gas station factory , iran and venezuela and azerbaijan have plants like that too.
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kvs wrote:Are we going to coddle this retarded Vann troll who is pushing the drivel that the gas plant in question is "low level technology" compared to
some semiconductor fab in Taiwan?
1) It is not either/or you imbecile. Having semi fabs is not a replacement for having gas and oil processing plants.
2) The technology in this gas separation plant is not something you even understand. Separating trace amounts of
Helium from raw natural gas requires advanced equipment. The smaller the concentration, the harder the extraction.
3) Russia's current semi fab process capability which is below 65 nm is good enough for its military needs.
The American
prime competitor of Intel, AMD, has closed down all of its fabs and uses TSMC. But Russian companies using TSMC are supposed to be some sort of epic fail.
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kvs wrote:If the price of oil was to fall to zero dollars tomorrow, then Russia's GDP would shrink by less than 6%. That is making the silly assumption
that the whole Russian oil industry is an export operation. It is not. Russia consumes about 40% of its total production. So the oil
export price would slam the Russian GDP by an initial 3% and with some knock on negatives, one could see it possibly shrink by just under
5%.
It looks like the drivel about "Russia depends 50% on oil exports" has rotted the brains of western deciders and their court of sycophant
analysts. That 50% referred only to the narrow budget back before 2006. It fell to 38% by 2019. It never referred to the GDP. The
Russian GDP has 13% related to "resource rents", i.e. minerals, forestry, oil and gas extraction. This is a World Bank figure that was
at 11% a few years ago so it is fluffed up by the nominal ruble exchange rate drop after 2014. A good estimate of the oil and gas fraction
of the GDP is around 9%. The consolidated Russian budget depends 17% on oil and gas.
Since we are talking about 5% of Russia's GDP, a look at the CBR prime interest rate is in order. Most of this loss can be offset with
reduction of the prime rate to CPI - 2%. If the CPI is 4% then the prime rate should be 2%. No consumer (corporate or individual)
ever sees the prime rate. A 2% prime would translate to a corporate lending rate of 4% which would divert Russian foreign
borrowing by companies to the domestic market. This would also allow the Russian banking sector to finally grow to its proper size
and to do its proper function.
The CBR and Nabiullina claim credit for controlling Russian inflation. This is self-serving BS. When Russia was at high risk of inflation,
the CBR had a totally different monetary policy. Before 2010, the CBR allowed the money supply to grow at annual rates as high as 50%.
If there was so much inflationary instability, the CPI would never have been 15% and under during that time. We would have seen
hyperinflation. After around 2010 and later the money supply growth wound down since it served its purpose to supply the volume
of money (not necessarily cash) to service market prices in the Russian economy. The Harvard Boyz and Jeffrey Sachs in particular
were totally full of shit when they claimed that market price transitions can happen in a single year. That assumes that people just
reprice everything to reflect the supply of money. But prices do not work that way. We saw in the early 1990s that grocery prices
quickly reached those in the west (adjusting for the exchange rate) in spite of the fact that people were not making western incomes.
You can see the same effect in the UK (at least back over the last 40 years) where prices in pounds are nearly the same as in dollars
in the USA but people do not get paid the same salaries. This may have changed recently, I have not been keeping track, but for
a bloody long time this was the pattern.
kvs wrote:If the price of oil was to fall to zero dollars tomorrow, then Russia's GDP would shrink by less than 6%. That is making the silly assumption
that the whole Russian oil industry is an export operation. It is not. Russia consumes about 40% of its total production. So the oil
export price would slam the Russian GDP by an initial 3% and with some knock on negatives, one could see it possibly shrink by just under
5%.
It looks like the drivel about "Russia depends 50% on oil exports" has rotted the brains of western deciders and their court of sycophant
analysts. That 50% referred only to the narrow budget back before 2006. It fell to 38% by 2019. It never referred to the GDP. The
Russian GDP has 13% related to "resource rents", i.e. minerals, forestry, oil and gas extraction. This is a World Bank figure that was
at 11% a few years ago so it is fluffed up by the nominal ruble exchange rate drop after 2014. A good estimate of the oil and gas fraction
of the GDP is around 9%. The consolidated Russian budget depends 17% on oil and gas.
Since we are talking about 5% of Russia's GDP, a look at the CBR prime interest rate is in order. Most of this loss can be offset with
reduction of the prime rate to CPI - 2%. If the CPI is 4% then the prime rate should be 2%. No consumer (corporate or individual)
ever sees the prime rate. A 2% prime would translate to a corporate lending rate of 4% which would divert Russian foreign
borrowing by companies to the domestic market. This would also allow the Russian banking sector to finally grow to its proper size
and to do its proper function.
The CBR and Nabiullina claim credit for controlling Russian inflation. This is self-serving BS. When Russia was at high risk of inflation,
the CBR had a totally different monetary policy. Before 2010, the CBR allowed the money supply to grow at annual rates as high as 50%.
If there was so much inflationary instability, the CPI would never have been 15% and under during that time. We would have seen
hyperinflation. After around 2010 and later the money supply growth wound down since it served its purpose to supply the volume
of money (not necessarily cash) to service market prices in the Russian economy. The Harvard Boyz and Jeffrey Sachs in particular
were totally full of shit when they claimed that market price transitions can happen in a single year. That assumes that people just
reprice everything to reflect the supply of money. But prices do not work that way. We saw in the early 1990s that grocery prices
quickly reached those in the west (adjusting for the exchange rate) in spite of the fact that people were not making western incomes.
You can see the same effect in the UK (at least back over the last 40 years) where prices in pounds are nearly the same as in dollars
in the USA but people do not get paid the same salaries. This may have changed recently, I have not been keeping track, but for
a bloody long time this was the pattern.