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Kremlin says no more energy unless you trade in rubles.
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those videos with such a tune make me fecking vomit to be honestTweet
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What would you say are the alternatives though? Escalation at the risk of nuclear conflict? Withdrawal of military aid/sanctions? Pressurise Ukraine to sue for peace on whatever terms Russia chooses to offer?I don't think Biden wanted this war, but it seems like the West would rather see the war drag on than for it to end quickly with some sort of a new Minsk agreement.
This article explains it well... And why it might not be a good strategy.
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Its a terrible track as well. They would've been better off with some arrows that showed what sort of vehicles are getting blown up, when/where, what kind of drone Turkish or other) etc.those videos with such a tune make me fecking vomit to be honest
vibin' while peoples bodies get exploded
not my cuppa tea, it's completely tasteless shit
Exactly the problem. Its not easy but at the end of the day they are unstable and we will have to deal with it one day. What happens if they support Russia? What happens when they take Taiwan. How many times are we going to turn a blind eye like we did with Russia. There is loads we can do its just a matter of will. The West needs to come together under one economic partnership. We need to move manufacturing and resources etc under that umbrella and become independent of dictatorships. We should be in a position when China does some stupid sht like Russia we should be able to cut off economic ties straight away and have minimal economic impact. But if they are running our 5G networks and supply all our pharmacuticals etc then if they help Russia in the next few weeks we are fkd and surely we shouldn't be in that situation because what are we going to do? Nothing much. Maybe tut tut at them and throw a sanction thats meaningless like no more importing of straws or something. They have us by the balls.China is one of the most integrated economies in the world. How do you propose being 'independent' from it? They have around €400billion invested just in Europe.
I agree about the sound-track thing.those videos with such a tune make me fecking vomit to be honest
vibin' while peoples bodies get exploded
not my cuppa tea, it's completely tasteless shit
The world needs the US to start producing crucial medicine in the US or other stable democracies, along with lots of other crucial items.Russia is now the most sanctioned nation on Earth - in a few months their economy will be in ruins. NATO supplied weapons to Ukraine are having a devastating effect on Russia's invasion force. Europe is now moving as fast as possible to reduce oil and gas reliance on Russia. NATO is ramping up defences in all front-line NATO countries. Germany is now massively increasing its defence spending.
So let's talk about the here-and-now, rather than the past.
If Germany is so afraid of agreeing to embargo on Russian gas at least they should call Putin’s bluff on this one. Pay as always, Putin won’t be cutting the hand that feeds him.Tweet
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Kremlin says no more energy unless you trade in rubles.
I am talking about the here and now. We are still supporting and sucking up to dictatorships governments. China, Saudis etc. Im not saying go to War with them but we need a long term strategy to deal with them.Russia is now the most sanctioned nation on Earth - in a few months their economy will be in ruins. NATO supplied weapons to Ukraine are having a devastating effect on Russia's invasion force. Europe is now moving as fast as possible to reduce oil and gas reliance on Russia. NATO is ramping up defences in all front-line NATO countries. Germany is now massively increasing its defence spending.
So let's talk about the here-and-now, rather than the past.
China isn't going to be invading Taiwan any time soon. They'll have seen in Ukraine what happens to attackers against determined defenders - and Taiwan is stuffed to the gills with sophisticated weapons, 100 miles away across open sea.Exactly the problem. Its not easy but at the end of the day they are unstable and we will have to deal with it one day. What happens if they support Russia? What happens when they take Taiwan. How many times are we going to turn a blind eye like we did with Russia. There is loads we can do its just a matter of will. The West needs to come together under one economic partnership. We need to move manufacturing and resources etc under that umbrella and become independent of dictatorships. We should be in a position when China does some stupid sht like Russia we should be able to cut off economic ties straight away and have minimal economic impact. But if they are running our 5G networks and supply all our pharmacuticals etc then if they help Russia in the next few weeks we are fkd and surely we shouldn't be in that situation because what are we going to do? Nothing much. Maybe tut tut at them and throw a sanction thats meaningless like no more importing of straws or something. They have us by the balls.
While that's done to strengthen the rubel doesn't it weaken Russia? If I were paying up in Rubles I'd pay to the exchange rate that was effective when the price was negotiated... With the ruble now being worth substantially less that must result in much lower payments!?Tweet
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Kremlin says no more energy unless you trade in rubles.
That's insane when you think about it.The Ruble has recovered all the way back to 130 versus the Pound. You only get 19.23% more Rubles for a Pound than you did a month ago.
Only going by what's been written so far, my guess is that Moscow is thinking they have less to lose. They'd be almost willing to hit financial nuclear button whereas Europe isn't (Kremlin sort of already has with its invasion and sanctions reaction). Also, basic idea behind it seems to be to keep trading in rubles a thing, even if only by necessity.While that's done to strengthen the rubel doesn't it weaken Russia? If I were paying up in Rubles I'd pay to the exchange rate that was effective when the price was negotiated... With the ruble now being worth substantially less that must result in much lower payments!?
Don't think this was well thought out by the little goblin in Moscow.
I have no idea. But if I were Ukrainian I'd rather see some sort of a "just" peace treaty with Russia reached sooner rather than later, sparing as many innocent lives as possible, saving entire cities that would undoubtedly get destroyed if the war continues... The military "victory" is too far and too costly.Do you think Ukraine wants a new Minsk after everything that happened?
We can't trust Putin, but the US & EU can learn from their Crimea's mistakes. Sanctions back then were too soft and allowed Putin to prepare for this war. Keep the economical pressure on, go further, make it smarter and as painful as possible for the regime. But I am not convinced of the strategy, especially when we are not giving Ukraine any game changing war material. We are just giving them enough to keep fighting and bleed Russia dry. But this might take forever. A determined occupation power can keep on for years if they aren't forced out. The Israeli “Operation Peace for the Galilee” wasn't supposed to turn into a 20 years occupation of south Lebanon with countless massacres of civilians. And Israel only recognised it as a war 38 years after the invasion and 20 years after the 2000 withdrawal (another similarity with the Russia, still calling this "special operation").This is pretty obvious since no one can trust Putin to abide by any agreement. All it would do is needlessly prolong his regime, during which he would continue fomenting chaos in the region until someone finally puts him out of his misery.
There was that thing named the Trans-Pacific Partnership. It was the opportunity for several countries in the Pacific area to gain an economic leverage against China until the big fat orange cnut scrapped all of that like a fecking idiot. The next step for the US/West is to revive and then expand such partnership eventually.Exactly the problem. Its not easy but at the end of the day they are unstable and we will have to deal with it one day. What happens if they support Russia? What happens when they take Taiwan. How many times are we going to turn a blind eye like we did with Russia. There is loads we can do its just a matter of will. The West needs to come together under one economic partnership. We need to move manufacturing and resources etc under that umbrella and become independent of dictatorships. We should be in a position when China does some stupid sht like Russia we should be able to cut off economic ties straight away and have minimal economic impact. But if they are running our 5G networks and supply all our pharmacuticals etc then if they help Russia in the next few weeks we are fkd and surely we shouldn't be in that situation because what are we going to do? Nothing much. Maybe tut tut at them and throw a sanction thats meaningless like no more importing of straws or something. They have us by the balls.
He was responsible for the entire privatisation (THE privatisation). He's one of the most influential political figures in post-Soviet Russia even though he's not very active anymore.I would imagine he would be using his private banker get cash out for him. If he is doing it himself he must be pretty low down the totem pole.
Minsk, Budapest... several treaties guaranteed Ukraine safety and were broken. They have very little reason to believe in anything the Russians promise.I have no idea. But if I were Ukrainian I'd rather see some sort of a "just" peace treaty with Russia reached sooner rather than later, sparing as many innocent lives as possible, saving entire cities that would undoubtedly get destroyed if the war continues... The military "victory" is too far and too costly.
I don't know much about such things, but isn't the lack of a greater decline in the ruble only because the Russian central bank has been busy propping it up with what are now dwindling foreign exchange reserves? If so, they won't be able to continue to do that for too much longer.The Ruble has recovered all the way back to 130 versus the Pound. You only get 19.23% more Rubles for a Pound than you did a month ago.
Yes, indeed. Obama was too soft and feckless in his sanctions.We can't trust Putin, but the US & EU can learn from their Crimea's mistakes. Sanctions back then were too soft and allowed Putin to prepare for this war. Keep the economical pressure on, go further, make it smarter and as painful as possible for the regime. But I am not convinced of the strategy, especially when we are not giving Ukraine any game changing war material. We are just giving them enough to keep fighting and bleed Russia dry. But this might take forever. A determined occupation power can keep on for years if they aren't forced out. The Israeli “Operation Peace for the Galilee” wasn't supposed to turn into a 20 years occupation of south Lebanon with countless massacres of civilians. And Israel only recognised it as a war 38 years after the invasion and 20 years after the 2000 withdrawal (another similarity with the Russia, still calling this "special operation").
I don't think anybody would care about the contracts. Putin can simply force a complete export stop on a national level, unless certain requirements are met, in this case, being paid in ruble.Interesting move
I'm not sure how thats going to work though as I doubt the contracts were written in a way that allows such a change?
Yeah not sure except that I don't think Moscow cares about contractual matters. It's viewing this as a financial war and the only leverage they have is that Europe needs their energy for the moment whereas I think Moscow is prepared, short-term, to stop supply.Interesting move
I'm not sure how thats going to work though as I doubt the contracts were written in a way that allows such a change?
Nowhere near a deal yet. As for the war, it looks like the Ukrainians have surrounded the Russian army group in the Northwest of Kyiv while it is a stalemate on other fronts. If it remains a stalemate, then it is an excellent leverage for Ukraine because their government/army still stands while the Russian invasion is not meeting its objectives on top of losing morale. The real question mark is what Putin will do because the bald cnut may try using illegal warfare (chemical and nuclear) if he's backed in a corner.So, who's winning the war? Are we close to a deal or will this war of attrition continue?
China is the world's biggest market in population and 2nd/3d in GDP. That's why Corporates are very greedy and quick to support China and lobby against any actions toward them.If private companies were not greedy, they would be able to see that China is a market worth dropping in the long run as several countries nearby can do a similar job without stirring shit politically. India, Malaysia, Vietnam, and the likes are in a good position if economical decoupling from China has to be accelerated.
Not this time, especially if they have a quick path to EU and the West can keep the sanctions on Russia's regime.Minsk, Budapest... several treaties guaranteed Ukraine safety and were broken. They have very little reason to believe in anything the Russians promise.
So for Ukraine a peace treaty might just be understood as "people will die later in the next war" instead of "people won't die".
So, who's winning the war? Are we close to a deal or will this war of attrition continue?
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Let's say it this way: strategically it makes sense for Ukraine to beat Russia as hard as they can to buy themselves enough time to properly join the EU and become part of its defence structure. And make no mistake it will take years for that corrupt oligarchy (yes, I'm talking about Ukraine) to evolve enough to properly get into EU.Not this time, especially if they have a quick path to EU and the West can keep the sanctions on Russia's regime.
they will just fudge it like they did with the Euro criteria for countries though wont theyLet's say it this way: strategically it makes sense for Ukraine to beat Russia as hard as they can to buy themselves enough time to properly join the EU and become part of its defence structure. And make no mistake it will take years for that corrupt oligarchy (yes, I'm talking about Ukraine) to evolve enough to properly get into EU.
They have to be sure Russia can't take revenge in the meantime, and the more Russian military and economy gets destroyed, the more likely it is that they get enough time.
Stoping supply might be suicidal for Russia. They have no other clients for their gas.Yeah not sure except that I don't think Moscow cares about contractual matters. It's viewing this as a financial war and the only leverage they have is that Europe needs their energy for the moment whereas I think Moscow is prepared, short-term, to stop supply.
Ukrainian army did make some progress around Kyiv (which is encouraging) but Russia is still the dominating force and "surrounded" seems to be somewhat hyperbolic.Nowhere near a deal yet. As for the war, it looks like the Ukrainians have surrounded the Russian army group in the Northwest of Kyiv while it is a stalemate on other fronts. If it remains a stalemate, then it is an excellent leverage for Ukraine because their government/army still stands while the Russian invasion is not meeting its objectives on top of losing morale. The real question mark is what Putin will do because the bald cnut may try using illegal warfare (chemical and nuclear) if he's backed in a corner.
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It's in this context that I'm reading the Russian encirclement of Ukrainian forces in the South and East. If Belarus enters and moves toward Kyiv, it gives Russia almost complete upperhand in the ground-war all across Ukraine (supposing the Belarusian army to be competent).Nowhere near a deal yet. As for the war, it looks like the Ukrainians have surrounded the Russian army group in the Northwest of Kyiv while it is a stalemate on other fronts. If it remains a stalemate, then it is an excellent leverage for Ukraine because their government/army still stands while the Russian invasion is not meeting its objectives on top of losing morale. The real question mark is what Putin will do because the bald cnut may try using illegal warfare (chemical and nuclear) if he's backed in a corner.
I agree but I think it's "more" suicidal for Europe. The Russians are isolated in a way Europe has avoided so far. Stop supply and Russia's economy will take another battering, but it's already being battered. On the other hand, Europe's economy will tank almost overnight. The ruble clause might be the "get out" for each side.Stoping supply might be suicidal for Russia. They have no other clients for their gas.
Also more likely Russia becomes set on revengeLet's say it this way: strategically it makes sense for Ukraine to beat Russia as hard as they can to buy themselves enough time to properly join the EU and become part of its defence structure. And make no mistake it will take years for that corrupt oligarchy (yes, I'm talking about Ukraine) to evolve enough to properly get into EU.
They have to be sure Russia can't take revenge in the meantime, and the more Russian military and economy gets destroyed, the more likely it is that they get enough time.
I don't think that the EU interest to let Ukraine join is that big to be honest. Especially the Baltic states and Poland are very interested in beating Russia to get rid of a dangerous neighbour, but will the EU as a whole be that motivated to include Ukraine once the war is over? There will be doubts and skepticism all over it.they will just fudge it like they did with the Euro criteria for countries though wont they
The enabler of the oligarchs.He was responsible for the entire privatisation (THE privatisation). He's one of the most influential political figures in post-Soviet Russia even though he's not very active anymore.
It isn't.It's in this context that I'm reading the Russian encirclement of Ukrainian forces in the South and East. If Belarus enters and moves toward Kyiv, it gives Russia almost complete upperhand in the ground-war all across Ukraine (supposing the Belarusian army to be competent).