War

DIY-HP-LED

Well-Known Member
A green Persia! How


Iranic.
The smart ones know that the demand for oil will diminish over the next decade and want to sell as much as they can. America can be most helpful with this and relations were improving before Trump anyway. Anything but Russia, but we will see how long Vlad lasts, I have a feeling his days are numbered.
 

Fogdog

Well-Known Member
I don’t remember the source, info overload, but some Brit on TV just said it is suspected there are 2 or 3 oligarchs who manage Putin’s fortune and are the true bosses. They don’t know who, but with others jumping ship it may become more obvious soon.
Good point. I was doing the lazy thing and lumping them together as if they were all the same. Deripaska is on my personal hit list due to his role to help Trump get elected in 2016 as described in Mueller's report.

Going to this memorandum:


and this article:


I'd put my chips on Gennady Timchenko and Yuri Kovalchuk as the money men for Putin. But all of those oligarchs are as corrupt as week old road kill.
 

hanimmal

Well-Known Member
Gordon Chang: 'China Is Financing the Russian Push on Ukraine'
Vladimir Putin and China's Xi Jinping made economic and strategic connections that are ultimately feeding Russia's invasion into Ukraine and helping Putin's increasingly isolated economy lean on China to subsist, according to far east expert Gordon Chang.

"Just a few hours before the Olympics started, China and Russia announced their oil and gas deals — $117.5 billion," Chang told Sunday's "The Cats Roundtable" on WABC 770 AM-N.Y. "Also, in the last few days they announced a coal deal — 100 million metric tons of Russian coal for China. China is financing the Russian push on Ukraine.

"It's not just the petroleum and commodity dollars; it's also providing access to an alternate financial system," Chang added to host John Catsimatidis.

Also, China has lifted restrictions on the importing of Russian wheat, which "further helps Russia finance is invasion of Ukraine," Chang told Sunday's "Wake Up America" on Newsmax.

"Although it might have some second thoughts about what it is doing, it is still supporting the Russians to the hilt," Chang told host Carl Higbie.

Beijing had designs on taking Taiwan, but seeing this Russian invasion "not be successful" has Beijing perhaps looking to "distance itself from Russia," Chang added to Higbie.

"Because if this invasion fails, then it puts Beijing in a very bad light," he said, noting NATO allies activating its response force is signaling to China that similar actions will be taken if it made a move on Taiwan.

Still, Xi's position on Taiwan has not changed, save for perhaps "timing," Chang added to Higbie.

Ultimately, Chang told Catsimatidis, the Biden administration has been too soft on both China and Russia to date, two countries President Joe Biden and his son Hunter Biden have had close ties to.

"We know that China is supporting Russia," Chang said. "So the question is: Are we going to go after China for backfilling sanctions that we will impose on Russia? I'm not sure that the Biden administration will move in time. It will repeat a mistake."
All I can think is 'Keep on selling' trolling.
What do you all think of this? If Russia and China wanted to abandon the US Dollar without it being considered an act of war, what better way than thru forced sanctions by the west?

Interesting thread here: View attachment 5093782
I think all of that Russian money that China might have accepted just lost a shit ton of value.
 

captainmorgan

Well-Known Member
I don’t remember the source, info overload, but some Brit on TV just said it is suspected there are 2 or 3 oligarchs who manage Putin’s fortune and are the true bosses. They don’t know who, but with others jumping ship it may become more obvious soon.
You might be interested in this.

 

DIY-HP-LED

Well-Known Member
You might be interested in this.

Wanna bet the CIA has even better info? :lol:
 

DIY-HP-LED

Well-Known Member
Praise everybody it isn’t a 410
With vast areas to cover we depend on fighter jets for AA and not point defense like AA missiles, we are America's first line of defense from northern attack and were all through the cold war. Our navy has a north Atlantic antisubmarine mission and we and you have had the world oceans wired for sound with under sea cables and mics since the 60's. We know where every Russian nuke sub is and there are two or more attack subs on every one within attack range. Our Navy cleans up the rest...
 

printer

Well-Known Member
U.S. Announces New Sanctions Against Moscow Over Ukraine Invasion, Russian Markets Reel
The United States has announced new sanctions that block Americans from executing any transactions with Russia's central bank to punish Moscow for its unprovoked invasion of Ukraine, adding to a wave of measures that sent the ruble into a free fall and prompted Bank Rossia to more than double its key interest rate to 20 percent.

The fierce economic sanctions imposed by Washington on February 28 also bar transactions with Russia's Finance Ministry and national wealth fund, according to a U.S. official, while the U.S. Treasury Department slapped sanctions on a key Russian sovereign wealth fund, the Russian Direct Investment Fund, its management company, and its chief executive, Kirill Dmitriev, who is considered a close ally of President Vladimir Putin.

"By further restricting these persons and entities from the U.S. financial system, the United States continues to demonstrate its unwavering commitment to support Ukraine, impose costs on Putin’s inner circle or those connected to Putin and his war of choice, and to prevent Putin’s regime from raising capital to fund its invasion of Ukraine and other priorities," the Treasury said in a statement.

The Kremlin defended the actions of its central bank and said Putin would meet with the finance minister and central bank governor to discuss ways to support the economy and currency.

The sanctions hinder the central bank’s ability to protect the ruble by selling its reserves denominated in G7 currencies. They also cut off select Russian financial institutions from the main global banking messaging system.

The ruble fell to as low as 118 to the U.S. dollar on February 28 from 83.7 on the previous trading day, according to Bloomberg data. It was trading at 105 as of 3 p.m. Central European Time.

Commercial banks were offering much lower rates online between 120 and 140 rubles to the dollar, according to Banki.ru.

The ruble has lost about 40 percent of its value since late October when Russia began to mass troops on Ukraine’s border.

Russian stocks trading in London and New York fell by as much as 68 percent.

Putin has focused on building up Russia’s foreign exchange and gold reserves to protect the economy ever since the West first began imposing sanctions in 2014 after his first invasion of Ukraine which saw him annex the Crimean Peninsula.

Russia’s central bank reserves stood at around $630 billion in February, vying with India for the fourth-largest stockpile in the world and giving rise to the expression “fortress Russia.”

The growth in reserves came at the expense of improving living standards, which have stagnated over the past eight years.

Russia had about 50 percent of its reserves denominated in the currencies of G7 countries as of last year with the remaining largely in gold and yuan-denominated assets.

The actions by the G7 nations will essentially freeze the assets of Russia’s central bank in those currencies wherever they are held, hampering its ability to defend the ruble and support banks, a senior U.S. administration official said.
 

printer

Well-Known Member
You might be interested in this.

Would like the print edition, not much into broadcasts.
 
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