Russia and economic war by the west #2

The Russian government imposed sanctions against 74 foreign defense companies

November 8th, 10:37 pm
As Vedomosti newspaper reported , on November 5, 2022, the Government of the Russian Federation approved a list of 74 companies in respect of which special economic measures in the field of military-technical cooperation (MTC) will be applied. “The list includes 74 organizations from Bulgaria, Great Britain, Germany, Canada, Lithuania, Slovakia, Poland, Czech Republic, Montenegro, Estonia and the USA. Deals in the field of military-technical cooperation are prohibited with companies from this list,” the Government says (document).

In May, more than 30 energy companies fell under similar countermeasures, including former Gazprom subsidiaries in Germany, France, Poland, Switzerland, Singapore and other unfriendly countries, structures of the German gas distribution company Wingas, WIEE in Bulgaria and Hungary.

The restrictions include transactions for the benefit of sanctioned persons, transactions involving the entry into Russian ports of ships owned or chartered by sanctioned persons, and transactions involving transactions and payments, including with securities.

From the bmpd side, we indicatethat the sanctions on November 5 were introduced by the Government of the Russian Federation in relation to both a number of well-known Eastern European manufacturers of Soviet-style weapons and military equipment, and in the rejection of mainly various kinds of intermediary companies, mainly also from Eastern Europe, which are actively engaged in the resale of weapons and military equipment of Soviet samples from stock, including on the market of the former USSR.


List of legal entities carrying out activities in the field of military-technical cooperation, in respect of which special economic measures are applied:

1. Arsenal JSCo / Arsenal JES Co (Bulgaria).
2. VMZ EAD / VMZ EAD (Bulgaria).
3. Beta Corp AD / Beta Corp A.D. (Bulgaria).
4. Arcus Co / Arcus Co (Bulgaria).
5. Dunarit AD / Dunarit Hey Dee (Bulgaria).
6. Terem EAD / Terem EAD (Bulgaria).
7. Bumar-Labedy / Bumar-Labedy (Poland).
8. ZTS OTS spol sro (Slovakia).
9. ZTS Special as (Slovakia).
10. VOP-026 Sternberk / VOP-026 Sternberk (Czech Republic).
11. Balkanrous Trading / Balkanrous Trading (Bulgaria).
12. Balkan Hunter / Balkan Hunter (Bulgaria).
13. EL kart / EL kart (Bulgaria).
14. EIM Trade / EIM Trade (Bulgaria).
15. UMT / UMT (Bulgaria).
16. Sage Consultants / Sage Consultants (Bulgaria).
17. Hartford international Group LTD / Hartford international Group LTD (Bulgaria).
18. Metalika-AB EOOD / Metalika-AB EOOD (Bulgaria).
19. Emso / Emko (Bulgaria).
20. Strilets / Strilets (Great Britain).
21. Espace Soft Trading Co.Ltd. / Espace Soft Trading Co. Ltd (Great Britain).
22. Hazel UK Limited / Hazel UK Limited (Great Britain).
23. Atlas Elektronik / Atlas Electronics (Germany).
24. E.sigma Systems / E.sigma Systems (Germany).
25. Glenair / Glenair (Germany).
26. In-innovative navigation / In-innovative navigation (Germany).
27. Fritz Werner Industrie-Ausrustungen / Fritz Werner Industrie-Ausrustungen (Germany).
28. iMARNavigation / iMARNavigation (Germany).
29. Intecs / Inteks (Germany).
30. JP Sfuer & Sohn / Jay. Pi. Schuer & Son (Germany).
31. Jenoptik / Jenoptik (Germany).
32. Europlast-Nycast / Europlast-Nycast (Germany).
33. Motorola Solution Germany / Motorola Solution Germany (Germany).
34. NDGS NoviyDizel Gearbox Servic / NDGS Nova Diesel Gearbox Service (Germany).
35. SIGNALIS / SIGNALIS (Germany).
36. Rohde & Schwarz / Rohde & Schwarz (Germany).
37. SIM Secure Information Management / SIM Secure Information Management (Germany).
38. SNE Schirin Nobiev Exporthandel / SNE Shirin Nobiev Exporthandel (Germany).
39. SPEKON Sachsische Spezialkonfektion / SPEKON Sachsische Spezialkonfektion (Germany).
40. ForceWare / ForceWare (Germany).
41. PKI Electronic Intelligence / Pi Ki Ai Electronic Intelligence (Germany).
42. Schaefflergruppe / Schaefflergruppe (Germany).
43. SET Stange Energietechnik / SET Stange Energietechnik (Germany).
44. Newcon International LTD / Newcon International LTD (Canada).
45. Alpha Optics System Inc / Alpha Optic System Inc. (Canada).
46. ​​AVIABALTIKA aviation, LTD / AVIABALTIKA aviation, LTD (Lithuania).
47. Helisota / Helisota (Lithuania).
48. JSC Defensus / JSC Defensus (Lithuania).
49. ASU Baltija JCS / ASU Baltija JCS (Lithuania).
50. Defensa UAB / Defensa UAB (Lithuania).
51 Fin Sp. z o.o. / Fin Sp. z o.o. (Poland).
52. ANKOL Sp. z o.o. / ANKOL Sp. z o.o. (Poland).
53. Cenzin PGZ / Censin PGZ (Poland).
54. SELW-2 Sp. z o.o. / SELV-2 Sp. z o.o. (Poland).
55. Level 11 Sp. z o.o. / Level 11 Sp. z o.o. (Poland).
56. Mesko s. a. / Mesco s. a. (Poland).
57. Wtorplast Group / Vtorplast Group (Poland).
58. Wobi-Stal z o.o. / Vobi-Stal s.r.o. (Poland).
59. BRJ / B.R.J (Poland).
60. Militus - PL / Militus - PL (Poland).
61. Nattan С0 / Nattan Ko (Poland).
62. Versor s.r.o. (Slovakia).
63. Robus sro / Robus cpo (Slovakia).
64. Chemica spol / Chemica spol (Slovakia).
65. SMS spol / CMC spol (Slovakia).
66. Desert Tech LLC / Desert Tech LLS (USA).
67. TCI international / TCI international (USA).
68. Armada Group / Armada Group (Montenegro).
69. Montenegro Defense Industry / Montenegro Defense Industry (Montenegro).
70. Tara Aerospace and Defense Products / Tara Aerospace and Defense Products (Montenegro).
71. Mil International spol / Mil International spol (Czech Republic).
72. Excalibur Army spol sro / Excalibur Army spol cpo (Czech Republic).
73. Explosia as / Explosia a.s. (Czech).
74. Baltic Armament OU / Baltic Armament OU (Estonia).

https://bmpd.livejournal.com/4609240.html

The UN called for lifting restrictions on fertilizers and food from the Russian Federation

The UN said that the first batch of fertilizers from Russia will be sent to Malawi next week (presently under sanctions in Netherlands)

The UN calls for an accelerated lifting of restrictions on the export of fertilizers and food from the Russian Federation. This was announced on Friday, November 11, in the office of the Secretary General of the international organization Antonio Guterres.

It is noted that the UN's position on this issue was influenced by negotiations with the Russian delegation in Geneva, which took place earlier in the day. At the meeting, the parties discussed the details of the grain deal.

"The agreed agenda was fully implemented. During the discussions, they discussed progress in facilitating unhindered access of food and fertilizers, including ammonia, from the Russian Federation to global markets, " the international organization said at the end of the negotiations.

In addition, it became known that the first batch of export fertilizers from the Russian Federation, previously blocked in European ports, will go to the Republic of Malawi within the next week.

Earlier on Friday, the Executive Director of the World Food Programme (WFP) UN David Beazley stressed the importance of the food deal and said that all states should cooperate to extend it, regardless of current relations with the Russian Federation.

At the same time, Kremlin spokesman Dmitry Peskov announced an understanding reached with the UN on the grain deal, but did not announce specific steps in this direction.

On November 7, First Deputy Permanent Representative of the Russian Federation to the UN Dmitry Polyansky told Izvestia that the UN has promised Russia to achieve the lifting of restrictions on the export of Russian food in the near future.

The food deal was concluded on July 22 in Istanbul. Then Russian Defense Minister Sergei Shoigu and UN Secretary-General Antonio Guterres signed a memorandum on facilitating the supply of Russian agricultural products and fertilizers to world markets.

The extension of the grain deal should take place after November 18. As the official representative of the Russian Foreign Ministry, Maria Zakharova, pointed out, the extension of the deal will depend on how the Russian part of the agreements will be implemented. According to her, the European Union (EU) and the United States continue to obstruct the implementation of the Russian part of the deal, which raises the question of whether it should be extended.

https://translated.turbopages.org/proxy_u/ru-en.en.900652e7-636ec404-9cb8a70f-74722d776562/https/iz.ru/1424354/2022-11-11/v-oon-prizvali-sniat-ogranicheniia-s-udobrenii-i-prodovolstviia-iz-rf

EXCLUSIVE India can buy as much Russian oil as it wants, outside price cap, Yellen says

https://www.reuters.com/business/energy/exclusive-india-can-buy-much-russian-oil-it-wants-outside-price-cap-yellen-says-2022-11-11/

3 minute readNovember 11, 20228:59 PM GMT+1Last Updated 3 hours ago

US Treasury Secretary Janet Yellen in an interview with Reuters in New Delhi
U.S. Treasury Secretary Janet Yellen looks on after her interview with Reuters in New Delhi, India, November 11, 2022. REUTERS/Altaf Hussain
NEW DELHI, Nov 11 (Reuters) - The United States is happy for India to continue buying as much Russian oil as it wants, including at prices above a G7-imposed price cap mechanism, if it steers clear of Western insurance, finance and maritime services bound by the cap, U.S. Treasury Secretary Janet Yellen said on Friday.

IMHO the problem is how to find many tankers to sell oil...i dont think "enlisting" tankers to Russian Navy is an idea that would be considered by Russian govt though

IMHO the problem is how to find many tankers to sell oil...i dont think "enlisting" tankers to Russian Navy is an idea that would be considered by Russian govt though

Actually I would say it makes more sense simply to sell what they can sell at normal prices and any customer that demands or expects capped prices wont be sold any oil from Russia.

That drop in available oil capacity is going to drive the price up... the opposite of the goals of the price cap.

The west can demand price caps but Russia is not obliged to sell.

Presumably western countries and those shipping and insurance companies bound by this western sanction will have to find oil supplies from elsewhere... but where?

Countries already buying Russian oil might arrange their own ships and their own insurance or ships and insurance from neutral parties and they could buy double what they need and then sell it to those western countries at a nice hefty profit.

Other oil producers are not liking the Russian oil price cap because they know that is what will happen and the only way the west can respond is to put a price cap on all oil which is going to hit them whether they follow the sanctions scheme to the letter or not.

Who cares about when the ground freezes in Ukraine... this is going to be entertaining... when the energy price cap does not work all they have left is seizing Russian assets, but the west has plenty of assets in Russia worth seizing too.

To be clear there were several international food companies that the west put pressure on to not do business in Russia and they refused on humanitarian grounds... I think they should never have their assets seized even if their decision was based on the fact that they deal in food exports and distribution and Russia produces a lot of food... if they left... where would they go... but anyway... they said no to screwing Russia, and that has to be respected IMHO.

They put human lives above petty western political BS.

This didn't really belong in the Ukraine thread. But Garry if you think it does please move it there.

https://kherson-news.ru/politics/2022/11/11/65207.html

Machine translation.

Putin's Kherson Idea Revealed

The newly elected British Prime Minister Winston Churchill, speech in the House of Commons of Parliament, May 13, 1940: “I have nothing to offer you but blood, toil, tears and sweat. We have a tough test ahead of us. We have many long months of struggle and suffering ahead of us.”

President of the Russian Federation Vladimir Putin , speech at the Valdai Club, October 27, 2022: "We are standing at a historic turn, ahead of probably the most dangerous, unpredictable and at the same time important decade since the end of World War II."

And this week, Russia saw a clear example of the unpredictability and the dangers that await it ahead: the withdrawal of Russian troops to the left bank of the Dnieper near Kherson.

Am I trying to reverse events, using the October words of the President of the Russian Federation to explain what happened in November? Such an interpretation is, of course, possible. However, I would like to note that it was not I, but Vladimir Putin himself, who started “reversing events” first.

One of the most misunderstood episodes in the modern history of Russia is the admission of new regions to the Russian Federation on September 29, 2022. The change in the borders of states as a result of a special military operation is, despite the novelty of the term “NVO”, a fairly standard event in world history. But usually in such situations, new territories are first taken under full control and only then are included in the state.

Why, in the situation that was in September, did Putin make a conscious decision to change the usual course of action? There can be only one explanation: the GDP has drawn yet another red line - but not for the West, as we are used to, but for itself and all of Russia. The new borders of the country, which even before the current Kherson situation existed in theory, and not in practice, this, according to Putin, is the minimum acceptable result that the NWO can end with. Until this result is achieved, the CBO will not end. In the meantime, the special operation continues, any tactical maneuvers are possible within its framework, including those that do not look particularly rosy from a PR point of view.

This is what Vladimir Putin's long-term political strategy looks like at the moment. And here is another important feature of this strategy: no one is allowed to be a greater “patriot of the NVO” than Putin himself.

In recent months, the system of the Russian vertical in some places has seen an unusually high level of, let me put it this way, political pluralism. I will name only two names: Ramzan Kadyrov and Yevgeny Prigozhin. But such pluralism in Putin's eyes is acceptable and permissible only when it comes to the actions of individual subordinate figures in the system. When it comes to the general line, the consolidated decision of the supreme power, completely different norms and rules apply.

Ramzan Kadyrov in the Telegram channel: “I completely agree with Mr. Prigozhin's opinion on Surovikin's decision. Yevgeny Viktorovich very accurately noted that Surovikin saved a thousand soldiers who were in actual encirclement ... So there is no need to talk about the "surrender" of Kherson. "Surrender" together with the fighters. And Surovikin protects the soldier and takes a more advantageous strategic position - convenient, safe.

Soon after the start of the JMD in Russia, there was a complete defeat of that part of the political spectrum that openly opposed the idea of ​​a special operation. Now, if necessary, another similar defeat can occur in the country - those who believe that it is possible to be more resolutely anti-Western than the fighter against the hegemony of the West, who now occupies the main office in the Kremlin.

Here is a very revealing quote from an article by Pyotr Akopov “After Kherson, Russia will have to answer the damned question of its history” on the RIA Novosti website: “Now there is another exacerbation of pseudo-patriotic hysteria. It covers a small part of society, but this is not good either. Moreover, there is a threat that in the event of defeats at the front, in combination with some next statement about negotiations, the neurosis will spread to the broad masses, that is, it will begin to threaten the main condition for our victory: popular unity in trust in the supreme power.

Pay special attention to this wording: "The main condition for our victory" is absolute and unconditional "trust in the supreme power." Whoever thinks differently is de facto working for the enemy. And how in Russia they deal with "enemies" during that existential test for the country, which is the NWO, is well known.

Another quote from an article by Petr Akopov that explains a lot: “Putin will never agree to a “shameful peace” either with Ukraine or with the West. On February 24 this year, a historic choice was made, the Rubicon was crossed, after which Russia can only move forward. Stumbling, making mistakes, missing blows, concentrating, even temporarily retreating tactically, but strategically moving only forward.

In other words, particulars are not important. The overall strategic picture is important, which, as follows from Putin's statement at the Valdai Forum, will gradually, painfully, but at the same time consistently take shape over the next ten years.

And no, I am not implying that the NWO will last until the 1930s. The statement of the GDP, in my opinion, should be understood differently: the period that will come after the completion of the NWO will be no less difficult, dangerous and unpredictable than the period of the special operation itself.

But let's not get too far into the future. Let's return to the present, in which Dmitry Peskov just made a number of important, but, it seems to me, not at all unexpected statements: "The Kremlin does not consider the withdrawal from Kherson and the redeployment of troops to the left bank of the Dnieper humiliating." Or here's another: "This is a subject of the Russian Federation. This subject is legally fixed, defined. There are no and cannot be any changes here," Peskov said, answering journalists' questions about whether Russia continues to consider the entire Kherson region its territory and whether it will legally prescribe the status of the right-bank part.

A summary of all of the above: as the Kremlin is convinced, Kherson "is not counted until autumn." Kherson can be "counted" only after the end of the NWO. Until then, wait and trust. Putin is confident that he is on the right track.

Three EU countries will unblock Russian fertilizers for Africa...Netherlands, Belgium and Estonia

They should have never been blocked at the first place....

https://twitter.com/AZgeopolitics/status/1591352298063949824

Reminder that the present grain shipping deal expires November 18th and that the part of the deal allowing Russian grain and fertilizer shipping has not been honored by the West.

The UN is under pressure from Russia and Turkey to get the West to honor the deal.

franco wrote:Three EU countries will unblock Russian fertilizers for Africa...Netherlands, Belgium and Estonia

They should have never been blocked at the first place....

https://twitter.com/AZgeopolitics/status/1591352298063949824

Reminder that the present grain shipping deal expires November 18th and that the part of the deal allowing Russian grain and fertilizer shipping has not been honored by the West.

The UN is under pressure from Russia and Turkey to get the West to honor the deal.

ze West started to honor agreement 3 days before expiry? so lack of honor ..

The oil cap is de-facto having an effect

Russia offered discounts to the Chinese, Indians, Turks and others in the first place to entice them to increase imports of Russian hydrocarbons

But that is the super bonus... Russia was making good money at $40 per barrel so when the price is $100 a barrel they can still give a $30 per barrel discount and they are getting $30 pure profit plus the profit they were making at $40 per barrel. Their extraction costs don't increase with market price. Their profit margin increases.

And even more so... because if you make three times more profit on your product but demand goes down it costs less to ship less so when your profit margin goes up but your volume of sales goes down your profit actually goes up even more because you transport and store less.

It means Russias allies and friends and reasonable customers get cheap energy... you know... the way Europe used to get cheap energy from them, and when the good customers that now get discounts increase their imports the G7 tossers that want caps will have less available oil on the international market to buy because more is going to their good customers at a reduced price but at a good profit.

This means if they have to say zero sales to countries that comply with the price cap they don't lose as much volume sales because their sensible customers will buy more Russian oil because it is discounted... but Russia is still making a massive profit, and probably better money than they were making before.

If their allies pay the reduced price then of course when they buy more their other suppliers... the rest of OPEC will sell less so let them sell to the G7 and those that agree with their anti market price manipulation, but can they meet the needs of the G7... they already agreed to reduce production so the total amount of oil available to buy is reduced too.

I rather suspect some G7 countries will buy Russian oil from third parties and pretend they didn't know, and there are more than 3 countries in the EU so countries like Hungary can make their own deals.

But I don't see it as having any decisive effect, if anything it will hurt the economies more that refuse to import Russian oil, than the Russians who have all the customers they want even if they have to sell oil at a lower price to them than the already high market price mandated by OPEC+'s decision to cut their own oil output.

It is going to force the market price of oil up, which means other OPEC members who were selling to India and other countries Russia is offering a discount to, will now have to find new customers... and when Russia refuses to ship oil to the G7 and those that suck up to them, then these OPEC members will have new customers for their full price oil... but the market will make it more expensive... it doesn't change the cost of extraction... it will just increase the price for the customer and the profit for the seller.

The only countries that lose are those that agree to the price cap who are going to find they can't buy oil or that the price has greatly increased... the opposite of what they want.

It is funny that the west is trying to find a price cap level where Russia makes enough profit to still want to sell to them... they want Russia to give in to blackmail... when they are breaking relations with the US dominated west... why would they start now?

Pay special attention to this wording: "The main condition for our victory" is absolute and unconditional "trust in the supreme power." Whoever thinks differently is de facto working for the enemy. And how in Russia they deal with "enemies" during that existential test for the country, which is the NWO, is well known.

Putin has a long track record of doing the right thing, of not over reacting immediately, of mulling options to prevent responses from backfiring... take a look at western economies right now and predictions for energy resources for this winter and next winter to see the opposite of that.

Putin tolerates opposing voices... he talks to the Russian people without being handed a list of the questions in advance so detailed answers can be prepared for him.

It is funny that people who don't agree with him claim he is too soft... he should be more like Stalin... he is too human... from a western perspective he is the way we perceived our own leaders should be but are not.

Hilarious.

I choose not to judge the Russian military or Putin till the game is over and I am disappointed at the weak little chickens squawking that the sky is falling and Putin does not know what he is doing... if he does not get this right he will essentially just be turning the clock back to 2014 and this will become ground hog day repeating over and over and over.

The solution is not to devastate the country of the Ukraine... countries are not bothered by shell craters... UXO can be cleaned up and buildings and roads and bridges can be repaired or rebuilt, the problem is the pro nazis, which sadly are everywhere and infiltrate most countries, but a good long war will result in most of them leaving eventually... especially when the price of oil goes up and Russia stops selling metals to certain western countries and stops selling uranium to the US for their nuclear power plants.... of course the west will not collapse over any of that, but the added time taken to replace and the extra cost of the new sources will lower living standards and increase internal problems to the point where more and more people will question all this money and equipment going to Ukraine...

This is at the same time a small military adventure and a war... the war is not against the Ukraine, but Ukraines puppet masters... the west.

“Putin will never agree to a “shameful peace” either with Ukraine or with the West.

All putin ever wanted from the west was respect, to be treated as an equal ally, and they only talked down to them and lectured them and told them they had to comply and feed the US... which is the purpose of the west.

Feed the US and they will tell you what your culture will be via TV and movies and the internet.

Militarily Russia has goals to achieve and when they are achieved then they can sift through the remains of Kiev to find someone to sign the peace agreements... sure as hell wont be German or French or UK or US signatures and it wont be Zelenskys signature either... none of which are worth anything at all.

ze West started to honor agreement 3 days before expiry? so lack of honor ..

They would have given less time if they thought they could get away with it...

I suspect the plan is to leave it so late that it can't all be shipped by the due date so Russia will have to extend the deal to continue shipping their products.

All this has been a good eye opener for them, so now they appreciate they need a significant merchant fleet of their own that can ship their goods that ignores western sanctions and doesn't deliver Russian goods through EU ports. Also that insurance from local sources needs to be organised too for the same reasons.

Expanding the Russian commercial fleet means they need to expand their naval fleet too.

GarryB wrote:

The oil cap is de-facto having an effect

Russia offered discounts to the Chinese, Indians, Turks and others in the first place to entice them to increase imports of Russian hydrocarbons

But that is the super bonus... Russia was making good money at $40 per barrel so when the price is $100 a barrel they can still give a $30 per barrel discount and they are getting $30 pure profit plus the profit they were making at $40 per barrel. Their extraction costs don't increase with market price. Their profit margin increases.

And even more so... because if you make three times more profit on your product but demand goes down it costs less to ship less so when your profit margin goes up but your volume of sales goes down your profit actually goes up even more because you transport and store less.

It means Russias allies and friends and reasonable customers get cheap energy... you know... the way Europe used to get cheap energy from them, and when the good customers that now get discounts increase their imports the G7 tossers that want caps will have less available oil on the international market to buy because more is going to their good customers at a reduced price but at a good profit.

This means if they have to say zero sales to countries that comply with the price cap they don't lose as much volume sales because their sensible customers will buy more Russian oil because it is discounted... but Russia is still making a massive profit, and probably better money than they were making before.

Please note that there is no one price per barrel. Usually in western media there is Brent barrel as reference point Russians sell Urals. This year difference was ~ 23 USD per barrel so 70$ barrel to India was actually price of Urals. Pleas correct me if Im wrong here.


For Russia selling oil to friends and acquittances has yet another advantage it can go without western services and western currencies thus curbing financial tentacles of empires of evil.

GB wrote:

But I don't see it as having any decisive effect, if anything it will hurt the economies more that refuse to import Russian oil, than the Russians who have all the customers they want even if they have to sell oil at a lower price to them than the already high market price mandated by OPEC+'s decision to cut their own oil output.

It is going to force the market price of oil up, which means other OPEC members who were selling to India and other countries Russia is offering a discount to, will now have to find new customers... and when Russia refuses to ship oil to the G7 and those that suck up to them, then these OPEC members will have new customers for their full price oil... but the market will make it more expensive... it doesn't change the cost of extraction... it will just increase the price for the customer and the profit for the seller.

The only countries that lose are those that agree to the price cap who are going to find they can't buy oil or that the price has greatly increased... the opposite of what they want.

It would be interesting when West tries to cap all oil/gas in the world...and then rest of the world cap US/EU products of course

ze West started to honor agreement 3 days before expiry? so lack of honor ..

They would have given less time if they thought they could get away with it...

I suspect the plan is to leave it so late that it can't all be shipped by the due date so Russia will have to extend the deal to continue shipping their products.

All this has been a good eye opener for them, so now they appreciate they need a significant merchant fleet of their own that can ship their goods that ignores western sanctions and doesn't deliver Russian goods through EU ports. Also that insurance from local sources needs to be organised too for the same reasons.

Expanding the Russian commercial fleet means they need to expand their naval fleet too.

1) to me logical condition for extension of deal should be first 30 Russian ships before any Ukrainian one can depart. Or deal is off. With building merchant fleet is might be not so easy - not enough shipyards not skilled workers. Might be needed to boost cooperation with China .

Insurance is also important to build but imagine - UK saboteurs destroy Russian tanker in India or anywhere. They blame Russian ship and Russian insurance must pay... This si also risky. Being Russian Navy ship would be more interring in case of Russian retaliation.

So according to German official statistics the GDP dropped 0.2% in the 3rd quarter and Germany is now in a recession.

How can anyone take such numbers seriously. The 0.2% figure is below the accuracy of the statistics. It is a number
pulled straight out of the ass. A figure of 2% would be more plausible. But German industry is not operating at
full capacity and inflation is suppressing consumption. So even 2% is too low.

I recall similar round off noise forecasts for the impact on Finland's economy. This was pure cringe as Finland's economy
is way more resource dependent and loss of Russian timber sources by itself have produced over 1% contraction in Finland's
economy.

Maybe the forecasters and official statisticians consider inflation to be GDP growth?

Regarding price caps: Russia sold her LNG with a discount in Asia in the last months. But everybody wants some of the stuff and now it´s back to market prices. 

Wikicrappia has zero credibility on any politically sensitive topic. It also is not trustworthy on science and archeology subjects either.
Some content is valid but that is the nature of propaganda to mix truth with lies.

The estimates of Russia's GDP are all based on the consumer sector. The PPP factor for Russia's MIC is six and higher while for the
consumer economy it is 2.5. But this is still not the full picture. There are structural differences that a simplistic metric like the
GDP cannot distinguish. Russia has a developed manufacturing sector and the research and development (including academia and
applied institutes) to go with it. So-called rich western countries are debt Ponzi rackets and have a "financial industry" that accounts
for a large chunk of the GDP. So shuffling money back and forth is counted as if it was the same as producing goods and offering
real services.

Germany is in the process of de-industrializing and the official statistics pretend this is not happening. The problem is that more
debt and funny money will not keep the standard of living of Germans afloat. Unlike the US and UK, Germany did not set up an
extensive financial trickle down economy. A shock downsizing of its manufacturing sector will hurt badly. But even in the financial
racket economies such as the US and UK, the proles are hardly all swimming in wealth. The western economies are fragile and
external cheap resource dependent. This is why the west is a collection or rabid colonialist meddlers. They need to feed off
the planet to survive.

The US sanctions seem to have a deep objective, if they can get away with it.

The fate of Europe (including Germany, but not restricted to them) is to become a locked-in market for American goods and services, which requires the elimination of any domestic (or foreign) competition.

Think of India during the time of the British Raj, India was the Jewel in the Crown of the British Empire, because it could both have its resources stripped and shipped back to London while also being a huge (and guaranteed, competitors need not apply) market for goods exported from Britain.

Win-Win as far as the British were concerned and Washington is planning the same fate for Europe.

Bear in mind in all this that the sanctions are not applied evenly. There are 100 odd US companies that are not subject to the sanctions and who they are is Classified but I suggest very few Europeans have the same privilege. One rule for us..................

The problem with the cunning US plan is that EU consumers must have jobs to be consumers. Making Europeans poorer
shrinks the market for US exports. I suppose the thinking by the slime running the US is that there is enough population
in the EU to create enough demand. So the colonial expansion in the EU offsets the shrinking market demand. I will
not give these clowns the benefit of the doubt that they have a realistic model of such a transition.

Funny how the globalist agenda has degenerated to economic catabolism in the globalist aka colonialist heartland. This
is the result of the global south developing and diverting more of its resources to itself. At the same time, the bootlick
mode of local elite operation is waning and they are more focused on their own countries and not on colonialist masters.

It has taken a long time to get to this stage, but I am excited to see it.

1) to me logical condition for extension of deal should be first 30 Russian ships before any Ukrainian one can depart. Or deal is off. With building merchant fleet is might be not so easy - not enough shipyards not skilled workers. Might be needed to boost cooperation with China .

Obviously the priority should be for Russian shipyards to make the new ships, but equally obviously China and Russia work well together and getting some ships or other civilian things made in China so the Russian ship building industry can build up the navy is fine...

It would be interesting when West tries to cap all oil/gas in the world...and then rest of the world cap US/EU products of course

Would be hilarious if it happened, but the rest of the world are not petty angry bitches like the "west".

Insurance is also important to build but imagine - UK saboteurs destroy Russian tanker in India or anywhere. They blame Russian ship and Russian insurance must pay... This si also risky. Being Russian Navy ship would be more interring in case of Russian retaliation.

Western shipping will be more vulnerable than Russian shipping and the west has rather more to lose in that regard really... but it is always a risk... as I said... petty angry bitches...

GarryB wrote:Obviously the priority should be for Russian shipyards to make the new ships, but equally obviously China and Russia work well together and getting some ships or other civilian things made in China so the Russian ship building industry can build up the navy is fine...
...
Western shipping will be more vulnerable than Russian shipping and the west has rather more to lose in that regard really... but it is always a risk... as I said... petty angry bitches...

I think Russia needs to build or upgrade more shipyards like they did with Zvezda. And they need to upgrade the whole industry to work in a more productive manner. But all of this is kind of pointless unless Russian industry can produce the necessary engines and other components.

As for the shipping I have already heard more than one US "think tank" propose using their advantage in number of nuclear attack submarines to attack Chinese ships and blockade China from world trade. Now that they cannot as easily destroy the Chinese surface navy. So they might want to do the same stich with Russia. But Russia is a vast continental empire. They can trade with China by land. And in the Caspian Sea area they can basically trade with most Central Asian countries.

Said by a man who knows

Russia Price Cap Could Threaten India's Oil Supplies

ndia would be one of the countries most exposed if Russia refuses to sell crude oil at the capped price under proposed sanctions to be imposed by the United States and the European Union.

In 2022, India has become a big buyer of Russia’s crude following that country’s invasion of Ukraine and sanctions imposed on its exports in response by the United States, European Union and their allies.

India and China have absorbed additional crude and products imports from Russia, allowing the United States and the European Union to take more crude and fuels from non-sanctioned sources.

Because of its import dependence and price-sensitive consumers, India would be extremely vulnerable should Russia retaliate by refusing to sell crude and fuels at the capped price.

The resulting shortfall in physical crude supplies and surge in prices for both crude and fuels would hit refiners and domestic consumers hard.

Selling the Price Cap

U.S. and EU policymakers have said repeatedly they will set the cap at a level to ensure Russia continues exporting and any halt or reduction to exports would be irrational.

In remarks on Nov. 11 on a a visit to New Delhi, U.S. Treasury Secretary Janet Yellen said the price cap would work in India’s interest by giving it extra leverage to purchase Russian crude at deep discounts.

Russian oil “is going to be selling at bargain prices and we’re happy to have India get that bargain”, Yellen told reporters (“India can buy as much Russian oil as it wants, outside price cap, Yellen says”, Reuters, Nov.11).

Yellen has become the chief advocate for the price cap concept as the Biden administration attempts to sell the idea to sceptical oil buyers and governments in Asia.

https://www.zerohedge.com/markets/russia-price-cap-could-threaten-indias-oil-supplies

WTF is this!??
Why the hell would India pursue conflict with Moscow??
India could pursue price cap, but Moscow could retaliate, says Yellen

Yea no shit, so why would India do it??
Why is India allowing these Western politician to make these BS statements, while in New Delhi???

And then there's this SPR nonsense.
Merca gonna empty its reserves for India, what BS is this?

Yellen and the rest of the clown retards running the western lunatic asylum are utterly detached from reality. This
retard actually believes that Russia is dependent on oil and gas exports. Russia can stop them cold turkey. It consumes
almost half the oil it produces and over two-thirds of the natural gas. Russia gets all the economic benefit of having these
resources already and does not need to import them. Stopping exports hits the Russian federal budget but Russia can
run a deficit like every other freaking developed country and this includes China. These western clowns miss the little
detail that Russia does not float on debt generation like they do. So running a deficit while switching over to other
tax revenue is not only feasible for Russia, it is the right thing to do.

As for the shipping I have already heard more than one US "think tank" propose using their advantage in number of nuclear attack submarines to attack Chinese ships and blockade China from world trade. Now that they cannot as easily destroy the Chinese surface navy. So they might want to do the same stich with Russia. But Russia is a vast continental empire. They can trade with China by land. And in the Caspian Sea area they can basically trade with most Central Asian countries.

That is fantastic... what they are basically saying is that all the fleets of the US... they have a fleet for every ocean... they have 10 carrier groups, they probably have double that in helicopter and landing carriers for their naval infantry, but this think tank don't think they have enough power in their surface fleet to challenge the Chinese surface fleet... very funny.

So their solution is piracy... well what is China going to do about such an act of war?

I would say they would start to hunt US subs and ships responsible... and if they catch them in the act they might try to sink them.

US subs might be super quiet but two dozen heavily armed Chinese cruisers and destroyers hunting subs with rocket propelled anti sub missiles similar to Ovtet and also using active sonar together with aircraft and submarines of their own and those US subs might suffer losses that the US is not ready for to just enforce some stupid blockade that the UNSC would never OK.

I think Russia needs to build or upgrade more shipyards like they did with Zvezda. And they need to upgrade the whole industry to work in a more productive manner.

I totally agree... things have changed... the Russian Navy was not the most important branch of the Russian military and civilian shipping was not considered critical either, but now Russia and Russian companies need to invest in their own shipping or shipping from a neutral country... and Russia should start mass producing at least corvettes, and fast track the new enlarged Gorshkov frigate for proper testing, but while they are doing that shipyard upgrades and improvements so that when they have decided on what ships to build that they can build them in large numbers in several shipyards at once with large serial batches so yards are not making one off builds that are slow and inefficient... a contract for larger numbers means you can order in bulk and make savings and you can get into a production groove and work out shortcuts that save time but don't compromise quality.

Said by a man who knows

It is funny he talks about the US destroying China because it is a potential rival but did not mention destroying the EU in trying to damage Russia for the same reasons...

But it is also interesting... he says that the US wants everyone to gang up on China... just because... but if they don't... and they don't seem to want to... then he says the US is going to bring the hammer down... but to me it sounds like the US is going to bring the hammer down on the other countries that don't comply with US rules and tarrifs and regulatory rules... does that mean the US wants to fight the rest of the world? Or does he mean they are going to try to break China... real china is easy to break and a hammer would be a good tool, but the country of China is a bit different from crockery and I think the US had better be really careful about how it moves forward with that.

Because of its import dependence and price-sensitive consumers, India would be extremely vulnerable should Russia retaliate by refusing to sell crude and fuels at the capped price.

There is no evidence India will comply with stupid western price caps, it is not in their interests to do so... just the same as it was not in their interests to give a shit about US rules when they bought S-400 air defence systems.

The resulting shortfall in physical crude supplies and surge in prices for both crude and fuels would hit refiners and domestic consumers hard.

Russia has said it will continue to sell its oil to countries that don't observe the price cap so the only countries that will have problems and will be hit hard by the shortfall will be the G7 idiots who think they can tell Russia what price to sell Russian oil at.

Oil to India will be negotiated between those two countries and I am sure as the G7 price goes up that India will not suffer for being loyal to her old ally... they might even fix the price so it doesn't climb like the international oil sold to the group of 7 gits.

U.S. and EU policymakers have said repeatedly they will set the cap at a level to ensure Russia continues exporting and any halt or reduction to exports would be irrational.

OPEC countries have already complained about the concept of an oil price cap because there would be caps on all oil prices once western economies are suffering enough... and there was no lower price cap when OPEC countries like Venezuela were suffering because of oil prices that were too low.

In remarks on Nov. 11 on a a visit to New Delhi, U.S. Treasury Secretary Janet Yellen said the price cap would work in India’s interest by giving it extra leverage to purchase Russian crude at deep discounts.

They already buy Russian oil at discounts... why would India think it wants leverage to screw a friend... I realise that makes sense in an American mind, but the rest of the world think you guys are aliens.

Yellen has become the chief advocate for the price cap concept as the Biden administration attempts to sell the idea to sceptical oil buyers and governments in Asia.

Which is why she is talking shit.

Yea no shit, so why would India do it??
Why is India allowing these Western politician to make these BS statements, while in New Delhi???

They wont because they are not ignorant arse holes like the current American administration...

Yellen and the rest of the clown retards running the western lunatic asylum are utterly detached from reality.

It is what happens when you surround yourself with yes men who all conform to your view because they are sycophants wanting to climb the ladder...

Stopping exports hits the Russian federal budget but Russia can
run a deficit like every other freaking developed country and this includes China.

Worse than that... the 12-14% of the world that is the world (ie G7 and bitches) are not enough to stop Russian oil exports, but Russia can easily stop all its exports to countries that comply with the oil price cap which means for the western world the price and availability of oil is going to suffer.

OPEC wont like the idea of oil price caps either because if it works against Russia but the oil price goes up because of the loss of Russian oil on the market they are going to apply their oil price cap to all oil from any source which means their good time after suffering because the US has been pushing down the oil price artificially to damage Russia and in the process damaging all oil exporting countries, is over... and I suspect they want to continue to earn good money and recover losses and rebuild infrastructure and other things they had to neglect when the oil was cheap.

This is going to be funny.

JohninMK wrote:Think of India during the time of the British Raj, India was the Jewel in the Crown of the British Empire, because it could both have its resources stripped and shipped back to London while also being a huge (and guaranteed, competitors need not apply) market for goods exported from Britain.

That was also the only time when they made any kind of economic or social progress. With the Brits gone the locals failed to govern the country effectively. Something that happened to the ex Soviet countries of Central Asia.