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Thread: The Russian economy (catch all)

  1. #561
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    Appears the Russian Rubel Exchange problem has been solved.

    Russia Update: Moscow Authorities Order Currency Exchange Boards Removed
    http://goo.gl/v5gVzT "

  2. #562
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    Hague starts charging interest on $50bn Yukos fine:http://tass.ru/en/russia/771565 …
    Could add $1.7bn in 1 yr.

  3. #563
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    A decade-long period of a steadily rising oil prices (and that of other raw materials) has given Russia a feeling of strength, bordering on invulnerability, which has made the country more assertive, and ready to use any opportunity to deploy its military power. Based on his analysis of Russian behaviour over the past 50 years, Daniel Gros finds that the abrupt reversal of this trend since the summer of 2014 portends a much less aggressive Russian stance as long as the price of oil remains at present le
    http://www.ceps.eu/book/price-oil-an...aggressiveness

  4. #564
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    Warnings of Russian Financial Crisis Spread as Banks Start Failing | Business | The Moscow Times http://www.themoscowtimes.com/busine...ng/514503.html

    #Putin sacks U.S. trained economist In charge of ruble at #Russia's Central Bank.
    Via @Forbes
    http://www.forbes.com/sites/kenrapoz...-central-bank/

    Putin's Capital Amnesty Could Put Russia on Money Laundering Blacklist | Business | The Moscow Times http://www.themoscowtimes.com/busine...st/514470.html
    Last edited by OUTLAW 09; 01-17-2015 at 03:35 PM.

  5. #565
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    #Fitch lowered the #ratings of 30 major #Russia|n financial institutions and #bank|s.
    http://bit.ly/1y9oQiW
    pic.twitter.com/vPMoFRmq15

  6. #566
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    Default Crimea: After invasion inflation...

    Why Crimea Now Has the Second-Highest Inflation Rate in the World

    News that inflation is running above 63.4 percent in Venezuela won't astonish anyone familiar with that economy. But the locale with the second-highest inflation rate in the world may be more surprising: Crimea.

    Consumer prices on the Russian-annexed peninsula in December were 42.5 percent higher than a year earlier, according to data released this week by Crimea's official statistics service. Prices for some food items, such as eggs, meat, flour, and fruit, were up more than 60 percent. That pretty much wipes out the hefty increases in government salaries and pensions that Moscow announced for Crimea after its annexation last spring.
    I predicted economic turmoil in Crimea high but underestimated of course some factors.
    ... "We need officers capable of following systematically the path of logical argument to its conclusion, with disciplined intellect, strong in character and nerve to execute what the intellect dictates"

    General Ludwig Beck (1880-1944);
    Speech at the Kriegsakademie, 1935

  7. #567
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    #Sberbank's Gref: the current situation is rather dramatic for Russian banks http://www.cnbc.com/id/102362787

  8. #568
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    Russia's Central Bank claims it spent ~$6,8B last week propping up the ruble http://www.cbr.ru/eng/hd_base/?PrtId=mrrf_7d …

  9. #569
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    Really interesting development--first Russia cannot economically support the Crimea and now...........

    Russia stopped the funding of #Transnistria: "This excessive burden", - media
    http://liveuamap.com/en/2015/26-janu...nsnistria-this …

  10. #570
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    Russian oil giant Rosneft to issue $6.1 billion of bonds amid fears of another ruble rout
    http://read.bi/1zNYaGs
    pic.twitter.com/iXfflG9cVB

  11. #571
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    US may disconnect Russia from SWIFT system
    http://uatoday.tv/news/us-may-discon...em-405227.html

    With SWIFT cutoff already on the table, we are edging closer to the rupture of EU-Russia energy trade

    Russia’s SB Bank stops client withdrawals
    http://on.wsj.com/1BfjmRa
    Real test for RCB on level of intervention

    U.K. Wants EU to Block Russia From SWIFT Banking Network
    http://bloom.bg/1qLIXzH
    pic.twitter.com/3NYBSvWy12
    Last edited by OUTLAW 09; 01-26-2015 at 05:25 PM.

  12. #572
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    Ruble plunges toward 70/$ after S&P downgrade to junk. Now down 7% today at 68.7/$

    http://www.finam.ru/analysis/profile...00B/?market=41 …

  13. #573
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    Deputy of Russian Central Bank directorate in Amur region shoots dead three colleagues and himself in the office http://rusnovosti.ru/posts/361867

    Food Prices in Kaliningrad Rising Far Faster than Officials Say, Sparking Fears and Anger
    http://windowoneurasia2.blogspot.com...ising-far.html …

    S&P downgraded Russia's credit rating to junk status
    http://cnnmon.ie/1ynDj6j
    pic.twitter.com/4JybQjbBVW

  14. #574
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    #Silunaov added that the S&P ratings agency... possibly made its decision without taking into account the anti-crisis plan

    Russia's Finance Minister #Siluanov: "our task is not to spend the sovereign reserves thoughtlessly" http://www.reuters.com/article/2015/...0V628X20150127 …

    #Russia refuses financial aid 4 #Moldova's breakaway region #Transdniestr 4 the first time. Got financial problems?

  15. #575
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    Russian business map "Who gets most of consumers' money". Beer, cigarettes etc.

    http://rbcdaily.ru/magazine/business...62949993752246

  16. #576
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    Quote Originally Posted by kaur View Post
    Russian business map "Who gets most of consumers' money". Beer, cigarettes etc.

    http://rbcdaily.ru/magazine/business...62949993752246
    Interesting chart----

  17. #577
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    Moscow warns again on SWIFT- Medvedev: "our economic reaction [to being barred], and any other for that matter, will be unlimited

    Medvedev threatens the West with "unrestrained reaction" if Russia is cut off SWIFT. Really awful brinkmanship.
    http://flashnord.com/news/medvedev-p...-sistemy-swift …

    Europe may tighten sanctions on Russia as soon as Thursday over heightened Ukraine violence http://bloom.bg/1zpRU8l

    Ben Judah @b_judah
    This operetta by Shuvalov and Kostin only means one thing: exclusion from SWIFT appears to be the Russian elite's pain threshold

  18. #578
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    Fmr #Russia`n dep.min. of energy Milov: Rus reserves only existing on paper
    http://www.epravda.com.ua/rus/news/2015/01/27/523909/ …
    pic.twitter.com/7oo6dtcZ7s

  19. #579
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    Russia Finance Minister estimates external shocks to cause losses of $200 billion
    http://kommersant.ru/doc/2655453

    #Russia invites new sanctions
    http://blogs.reuters.com/macroscope/...new-sanctions/

    An LDPR lawmaker is indignant at the doubling of the price of porridge at the parliament canteen (Rus):
    http://www.gazeta.ru/business/news/2..._6867097.shtml …

  20. #580
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    SWIFT Ban for Russia---
    may cause Russia’s GDP to shrink by 5% - former Russian finance minister Alexei Kudrin


    Greek stocks and bonds tumble. @moved_average cites "the rhetoric surrounding Russia"
    http://www.bloomberg.com/news/articl...t-takes-charge … pic.twitter.com/7JV4uGoHn3

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