Russia and economic war by the west #2

Once again the economic analysts failed and now the achievements are starting to come... no one trusts the Dollar / Euro anymore....

Both the US and EU are using their currencies as a weapon so they can't be trusted... who knows when it will suit them to attack you.

Is it irony that western prediction has become western projection... the same as their propaganda...

Russian economy is expanding/growing

Interesting observations about the reality of the western economy today based on an email from a retired engineer. Just in time,
profit maximizing rubbish economics.

The West is waiting for the collapse of Russia

What really makes me laugh is that they are not waiting... they are actively doing everything in their power... flicking switches and pulling levers to try to get them to collapse and not only is it not working, it is working to undermine their own position at the head of so many international organisations... they are destroying their own currencies and now they are working against their own grip on international trade... but Russia will collapse... the next round of sanctions will do it... the previous ones were not hard enough... these ones will push them over the cliff.

AZ
@AZgeopolitics
️EU and UK have increased purchases of Russian LNG by 21% YoY since the beginning of 2022-Handelsblatt
https://azgeopolitics.com/?p=3170....

.....................

Reality trumps speeches....

20% of Cyprus’ tanker fleet changes registration due to Russian oil price cap — newspaper
It is reported that Cyprus "was among the countries asking the European Commission to commit to compensatory measures offsetting the economic impact of tankers leaving EU-based shipping registries"

NICOSIA, December 6. /TASS/. About 20% of the Cyprus’ tanker fleet changed their registration after the European Commission announced the intention to set the price cap for the Russian oil in early October, the Cyprus Mail newspaper said on its website, citing Deputy Minister for Shipping Vasilis Demetriades.

"In Cyprus, about 20 per cent of the registered oil tanker fleet - measured in tonnage - has left the Cyprus shipping registry since October 6," the newspaper informed. This figure corresponds to approximately 900,000 metric tons of gross tonnage, it said.

Cyprus "was among the countries asking the European Commission to commit to compensatory measures offsetting the economic impact of tankers leaving EU-based shipping registries," the Cyprus Mail said.

The embargo on seaborne supplies of Russian oil to EU countries became effective on December 5. The EU countries also introduced the adjustable price cap for Russian oil supplied by sea at the level of $60 a barrel. The Group of Seven member-states and Australia made a similar decision.

https://tass.com/economy/1546469

Oil tanker jam forms off Turkey after start of Russian oil cap
Vessels mass in Turkish waters after Ankara demands confirmation of insurance cover
...
A traffic jam of oil tankers has built up in Turkish waters after western powers launched a “price cap” targeting Russian oil and as authorities in Ankara demanded insurers promise that any vessels navigating its straits were fully covered.
...
Four oil industry executives said Turkey had demanded new proof of insurance in light of the price cap. A Turkish transport ministry spokesman did not immediately respond to a request for comment.
...
Much of the oil on the ships off Turkey is of Kazakhstan origin, according to shipbrokers and TankerTrackers.com, which monitor global oil shipments. Kazakhstan oil arrives in Russian ports via pipeline and is not targeted by western sanctions.

Ankara has asked all crude tankers passing through the Turkish straits to provide letters from their protection and indemnity providers, known as P&I Clubs, confirming that insurance cover would remain in place to cover incidents such as oil spills and collisions.

But the International Group of P&I Clubs, which represents 13 mutual insurers providing liability cover to around 90 per cent of global shipping, said on Monday that the Turkish request went “well beyond” the general information normally required.
...
One oil industry participant with knowledge of the situation said that Russian insurance companies had provided letters of confirmation to Turkish authorities in order to secure passage through Turkish waters. The shippers with insurance from western providers were the ones being held up, the person added.
...

FT.com.

What did Erdogan get back for this?  
Poor Kurds.
Better come back under the umbrella of Assad again or Erdogan will come soon and get you. With the blessing of Russia. And Iran.

Erdogan is enforcing the will of the west in checking for insurance details and other things... the difference was that the Russian oil carriers were ready for the extra scrutiny and paperwork and the others were not, so they are getting delayed... ahahahaha.. funny when a plan to hurt others backfires...

Kurds have been teamed up with the US and cooperating with ISIS... screw them...

They made their own bed... let them lie in it for a bit.

American imports from Russia dubled from Sep to Oct.

Post GarryB Today at 12:37 pm

Erdogan is enforcing the will of the west in checking for insurance details and other things... the difference was that the Russian oil carriers were ready for the extra scrutiny and paperwork and the others were not, so they are getting delayed... ahahahaha.. funny when a plan to hurt others backfires...

Kurds have been teamed up with the US and cooperating with ISIS... screw them...

They made their own bed... let them lie in it for a bit.

Ooooh, it is not only that
The insurance market was concentrated by some 90% factor in one place - City of London
Now, all this cash will go to the newly established insurer that is owned by the Russian Central Bank
A huge (40% or so) share in the transport had Greece's fleet registered in both Greece and Cyprus.
Now, part of that fleet is already registered under the other banner, while the remaining part will be excluded from the market.
Russkie purchased a fleet of some 100 tankers to carry the deliveries, but those are supposed to last only until the new build fleet of Arc7 class tankers will start to be released one by one.
And when that will happened, most of the oil and gas traffic will be carried via North, that is exclusive Russian economic zone, and anyone other than they can do a shit about that.
Aside from that, OPEC+ already talked about further cuts in production, and Putin already made another conversation with the president of UAE. Wonder what they have been talking about?
This thing is really getting more and more ridiculous. The more they try, the more Russia gives a ****' about that, and the more EU is going down.
Hungarians just announced that due to EU restrictions, they can't subsidize fuel for own citizens, so the whole regulation will cease in January.

Northern Sea route modernisation and expansion.
New Icebreakers.
New Oil and gas tankers that can navigate through ice.
New pipelines.
New oil and gas facilities.
New insurer.
New payment system.

Someone could get the impression that the Russians had some sort of plan going into this... 

Wonder now many juans Xi brought as a gift to the Saudis ...

Foreign Policy: Biden's economic policies threaten a rift with Europe.

The Anti-Inflation Act ($370 billion in subsidies for electric cars and clean energy) and the Chips and Science Act ($52 billion in subsidies for semiconductor companies) passed by Washington have caused discontent in Europe, writes FP.

Support under both laws is aimed exclusively at manufacturers in the US. In addition, gas prices in many European countries are already 10 times higher than in America

It has come to the point where EU Internal Market Commissioner Thierry Breton has said he will not attend the US-EU Trade and Technology Council meetings this week.
Individual countries are also unhappy. For example, the Dutch are not happy with the US demand to stop supplying chipmaking equipment to China. Their manufacturers, ASML and ASM International, would then suffer.

So far, Washington is limiting itself to verbal therapy but does not intend to change its laws on subsidies or its approaches to China.

It should be noted that Europe can no longer win back the gas.,It has lost the energy war. The freebies in the form of cheap Russian gas, which served as the engine of the EU economy, are over. But the Europeans did it themselves under pressure from the United States.

But what prevents the EU from adopting mirror laws to support its own producers? Maybe WTO rules (which the Americans comply with only when it suits them)?

The EU's limited political subjectivity prevents it. Quod licet Jovi, non licet Bovi—what is allowed for Jupiter is not allowed for bulls.

The collective West is not homogeneous. It is grouped around an Anglo-Saxon nucleus represented by the US, Britain, Canada, Australia, and New Zealand. There are two notional belts around the core. The first has the EU, Japan, and South Korea. In the second, everyone else

It is a world of predators. The interests of the core always prevail. Therefore, the countries in the first and second belts serve as food for the Anglo-Saxons when resources are scarce.

That is what we are seeing in this case: an overflow of industrial companies from Europe to the jurisdiction of the United States. They are more needed there. And the Europeans will be outraged and eventually come to terms with their second-rate role.


https://t.me/Slavyangrad/23932

But what prevents the EU from adopting mirror laws to support its own producers? Maybe WTO rules (which the Americans comply with only when it suits them)?

Most of their sanctions on Russia violate WTO rules as did many of Russian response measures... like the ban on food from the EU... the real problem for the EU seems to be lack of an infinite money printer that the US has... the EU can't afford to copy these measures and fund a new production base for the EU...

So their attempts to use the WTO against the US will be as successful as their attempts to use the WTO against Russia I suspect.

Someone could get the impression that the Russians had some sort of plan going into this...

They probably did, but how could they possibly know it would be this easy and this effective and that the west would be so stupid...

Someone could get the impression that the Russians had some sort of plan going into this...

It's pretty much just common sense

No bro, it is much more.
One of that - yes.
Two - maybe.
Three - the accidental peak of common sense.
But all together ... It is a hint.
Putin was getting Russia ready for the inevitable at least since the 2007 Munich conference.



I have just reminded myself, that it was only 2 years after meeting with GWBJr, when they called themselves "friends" and how their wives like each other ...
We forgot so easily about the things that constitute the very roots of what follows.

My personal opinion is that Russia lacked a year, two max to fully cut the west if needed.
This time is passing now, and just take a look at the following events.
The more west is fooling it's society, the more ridiculous it gets.
The only real weapon the EU pretending rulers has is censorship.
To cut the people from information, that they are not the only ones who think alike.
People rally in whole of Europe other than the most Russophobic parts of it, where people are being driven by negative agenda much easier.

This is interesting.
Some "source" in NYT citing the decryption of Ch-101 family serial No's :





I have some comment but would like to hear from you lads.

You mean other than the fact that the picture shows the kh-35 and kh-31 and part of an 80mm rocket pod and not a kh-101?

Or why three digits would be required to record if the missile was one of two different versions. 1digit in binary notation could do that.

The West turns a fucking blind eye to the purchase because it also needs Russia. Despite the sanctions, the purchase of gas by Europe is breaking a record. Uranium for American and French nuclear power plants, mainly, are also bought in Russia. The UK clandestinely buys Russian oil, passing it from one ship to another. Russia could cut oil gas and uranium. Imagine the crisis in Europe. They would be paralyzed. Certainly Russia would also lose significant revenue.
So one pretends not to see it and the other does too and so each one solves their problems.

In the case of Russia specifically... by the way, she doesn't need to pretend, since it was the Europeans and Americans who imposed sanctions....

It is all show.
Fog&mirrors.

That video gives the impression that Russia would collapse if Turkey and the EU and US actually stopped sending electronic components.

If the sanctions ever got to the point where they were actually effective Russia could easily reply in kind... sanctioning the west regarding steel and titanium exports just to name two obvious ones.