The Demolition of Russia's Economy

Discussion in 'Politics' started by gwb-trading, Mar 4, 2022.

  1. gwb-trading

    gwb-trading

    Looks like Europe is preparing pro-actively to seize Russia's frozen assets and turn them directly over to Ukraine. They will not allow Trump to return them to Russia as part of his "peace agreement".

    Bloomberg: EU again checks possibility of seizing some of Russia's frozen assets
    https://www.pravda.com.ua/eng/news/2025/02/22/7499634/
     
    #1961     Feb 23, 2025
  2. smallfil

    smallfil

    It it is the US and European Union's economies that are being destroyed. Europe's war mongering leaders will make it worst for them. President Donald Trump will right the ship and put the US economy in better shape where possible. Russia, China and BRICS countries doing quite well. Of course, extreme liberal media lies and lies some more. Does not make Europe's economy better. Also, US tariffs on European goods is coming. That is why President Donald Trump is moving fast to seal the peace agreement. US needs to focus on fixing its economy and not be wasting hundreds of billions on Ukraine.
     
    #1962     Feb 23, 2025
  3. gwb-trading

    gwb-trading

    #1963     Feb 23, 2025
  4. kashirin

    kashirin


    Wel, well, well

    when USAId financing of ukraine pravda stopped, Zelensky ordered directly to finance it from the government budget

    and miracle - gwb nazi trading source his fakes from ukraine pravda
     
    #1964     Feb 23, 2025
  5. gwb-trading

    gwb-trading

    #1965     Mar 12, 2025
  6. gwb-trading

    gwb-trading


    Putin ignores the fact that no western businesses are planning on returning to Russia. No western business want to operate in a country where Putin can simply seize their assets and hand them out to his cronies at whim.

    Putin tells Russia's oligarchs that the return of Western business will not be easy or cheap
    https://www.intellinews.com/putin-t...rn-business-will-not-be-easy-or-cheap-372414/

    "Russian President Vladimir Putin told the country’s leading oligarchs that Western companies that “slammed the door” on Russia when they left the country after the 2022 invasion of Ukraine will not be allowed to repurchase their assets cheaply or regain their former market positions."
     
    #1966     Mar 19, 2025
  7. Yep. In general.

    I would say though, no businesses will return that require any capital investment there. If a business just sells software or hardware built in another country and they want to open a field office to sell and service then that type of thing will happen. In other words if leaving the country basically just means closing the door and walking away, there will a lot of that.

    But anything that requires long term local partnerships or building a factory, forget about it. Maybe when Putin dies it can be revisited.
     
    Last edited: Mar 19, 2025
    #1967     Mar 19, 2025
    gwb-trading likes this.
  8. gwb-trading

    gwb-trading

    #1968     Mar 21, 2025
    Atlantic likes this.
  9. gwb-trading

    gwb-trading

     
    #1969     Mar 23, 2025
    insider trading likes this.
  10. gwb-trading

    gwb-trading

    If oil sinks to $50 then Russia can't fund its war.

    Kremlin panics as Russian Urals crude oil price nears crucial $50 mark
    https://kyivindependent.com/russian-oil-price-falls-below-budget-projections-bloomberg-reports/

    [​IMG]
    Kremlin spokesman Dmitry Peskov in Saint Petersburg on June 6, 2024 (Anton Vaganov / POOL / AFP)

    The Kremlin on April 7 announced it is “closely monitoring” oil markets after the price of its key export grade, Urals crude, plunged towards the $50 mark.

    “We are very closely monitoring the situation, which is currently characterized as extremely turbulent, tense, and emotionally overloaded,” Kremlin spokesperson Dmitry Peskov told Interfax.

    Peskov attributed the price decline to "the US decision to introduce tariffs for most countries in the world."

    Urals crude fell to $52.76 per barrel
    at the Baltic port of Primorsk on Friday, according to Argus Media data cited by Bloomberg.

    This is well below the $70 per barrel benchmark used for Russia's 2025 budget planning.


    With oil and gas revenues accounting for nearly 30% of budget proceeds in January-February, according to government data cited by Bloomberg, the price decline poses significant fiscal challenges.

    A price collapse could destabilize Russia's federal budget, as military expenditures for the Ukraine conflict have driven government spending sharply upward in early 2025.

    If price fall below the $50 mark, it would push Russia's key oil export to its weakest level in nearly two years.


    As recently as late March, global oil prices were actually rising, driven by U.S. sanctions on Iran and ongoing discussions on a potential ceasefire in Russia's war in Ukraine, with Brent crude reaching $72.52 a barrel, while U.S. West Texas Intermediate crude increased to $68.68.

    Despite this, Russian oil and gas revenue fell by 17% year-on-year in March to 1.08 trillion rubles ($12.8 billion), as forced discounts on crude and a stronger ruble hit budget inflows, the Moscow Times reported on April 3, citing Russia's Finance Ministry data.

    The ministry said the government lost roughly 230 billion rubles ($2.7 billion) in tax income compared to March 2024, with oil and gas revenues accounting for one-third of the total state income.

    Energy revenues remain a key source of financing for the Kremlin's war against Ukraine, despite Western sanctions and a price cap designed to limit Moscow's earnings from oil exports.
     
    #1970     Apr 7, 2025
    insider trading likes this.