Ukraine - Russia Conflict
- Thread starter randomradio
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Europe heading for recession as cost of living crisis deepens
The euro zone is almost certainly entering a recession, with surveys on Monday showing a deepening cost of living crisis and a gloomy outlook that is keeping consumers wary of spending.
Can you please explain as to why Rouble is trading at a higher value today that 2014.What we have there is a classic case of selective/misleading news:
Russia Inflation Rate
Inflation Rate in Russia decreased to 8.60 percent in September from 9.10 percent in August of 2024. This page provides - Russia Inflation Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.tradingeconomics.com
View attachment 24468
The apparent exchange rate strength of the rouble is no boon for Russia, they are paying monumental interest rates to maintain that exchange rate and they still have huge inflation. Additionally oil is priced in $s regardless of whether it's sold in roubles, yuan, rupee or sheep. This mean that Russia receives less roubles per dollar per barrel. So whilst the price of oil is $90/bbl now vs $80/bbl pre war, because there are 60 roubles per $ now instead of 80, Russia only receives the rouble equivalent of what it would have got for a $67.5/bbl price pre war. Russian energy sales pay government wages and war costs in roubles, so they now have less roubles to pay the same wages and greater costs, and the wages will be worth less too because of the above chart.
Last tweet sum it well for me, even staying as neutral or sympathetic to Ukraine cause there comes a time where this war hit common people far away from Ukraine so much that some will go onto protest. Not judging by right or wrong moral right etc etc, just that there should a be voice to it.
It isn't. In 2013 there was 30 roubles/$ at 5.5% interest rate and 6% inflation, now there is 62 roubles/$ at 8% interests and 16% inflation. That's what Putin has gained through being a dickhead.
US Dollar to Russian Ruble Exchange Rate Chart | Xe
USD to RUB currency chart. XE’s free live currency conversion chart for US Dollar to Russian Ruble allows you to pair exchange rate history for up to 10 years.
www.xe.com
And in the EU there is a voice to it, in Russia they have 16% inflation but adding voices to it leaves you in prison or falling out a hospital window.
Keep forgetting to ask, I saw a tweet that said Ukraine are about to ban all female who are militarily eligible from leaving the country from October 1st.
We know such a decree was put for male aged 18-60 in february-march, later possibly amended to include over-60 people also.
What does this signify, if true?
Further, given a large volume of Ukraines manpower drawn into war, how are they managing the farming & produce in the vast parts where fighting is not there? I saw a report that Russia is right now in the midst of a record harvest season, which is indeed possible looking at the weather they got this summertime in past 30-40 days, prime time for harvest. Pakistan got major flooding. We India have closed major export for now.
I refer these tweets, USA despite having some capability will never feed the masses of Europe, let alone Africa & other regions.
We know such a decree was put for male aged 18-60 in february-march, later possibly amended to include over-60 people also.
What does this signify, if true?
Further, given a large volume of Ukraines manpower drawn into war, how are they managing the farming & produce in the vast parts where fighting is not there? I saw a report that Russia is right now in the midst of a record harvest season, which is indeed possible looking at the weather they got this summertime in past 30-40 days, prime time for harvest. Pakistan got major flooding. We India have closed major export for now.
I refer these tweets, USA despite having some capability will never feed the masses of Europe, let alone Africa & other regions.
The Chris Hedges Report: Ukraine and the crisis of media censorship
Throughout the Ukraine war, press in the US and most of Europe have mindlessly parroted the opinions of a ruling elite and overseen a public discourse that is often unhinged from the real world.
therealnews.com
Amazing how people complain about the West so so much, when in Russia press freedom never existed with or without a war.The Chris Hedges Report: Ukraine and the crisis of media censorship
Throughout the Ukraine war, press in the US and most of Europe have mindlessly parroted the opinions of a ruling elite and overseen a public discourse that is often unhinged from the real world.
yeah , it does not happen else where.
Bed Bath & Beyond CFO plunges to death at New York's Jenga tower
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according to @BMD no such thing is happening, its only they have been banned from drinking more vodka as it from russia but they still can dance & sing disney looney tunes..
Yesterday
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Today
Ukraine Interactive map - Ukraine Latest news on live map - liveuamap.com
Live Universal Awareness Map Liveuamap is a leading independent global news and information site dedicated to factual reporting of a variety of important topics including conflicts, human rights issues, protests, terrorism, weapons deployment, health matters, natural disasters, and weather...
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Russia switches off Europe’s main gas pipeline until sanctions are lifted
Gazprom had previously said it was halting flows through Nord Stream 1 because of a technical fault
Josep Borrell, the EU’s chief diplomat, on Monday acknowledged that certain political factions in the bloc wanted the EU to drop its support for Ukraine, push Kyiv into a ceasefire and abandon sanctions against Russia to ease economic pressure on European countries. He said those views were “not representative” of the position adopted by member states. Borrell spoke after protests in recent days in Czech Republic and Germany against the rising cost of living and comments from Czech politicians on Monday calling for a new attitude from the EU. Borrell, speaking alongside Ukraine’s prime minister in Brussels, said there is “clear, complete, unwavering support of all [EU] governments to our position”.
Curious how the next few weeks will go.
Is it possible the Ukraine knows this well, ie the EU member states getting into political turmoil, and it is only going to increase in recent days, hence the need for a rather desperate counter offensive so they do not turn off support? We have seen reports of Ukraine mobilizing & committing most of its tanks & gears.
The silly b*stard has dug reincarnated the Brezhnev Doctrine:
us.yahoo.com
Putin approves new foreign policy doctrine based on 'Russian World'
President Vladimir Putin on Monday approved a new foreign policy doctrine based around the concept of a "Russian World", a notion that conservative ideologues have used to justify intervention abroad in support of Russian-speakers. The 31-page "humanitarian policy", published more than six...
So now Russia has decided it has the right to invade nearly anywhere under this doctrine.The silly b*stard has dug reincarnated the Brezhnev Doctrine:
Putin approves new foreign policy doctrine based on 'Russian World'
President Vladimir Putin on Monday approved a new foreign policy doctrine based around the concept of a "Russian World", a notion that conservative ideologues have used to justify intervention abroad in support of Russian-speakers. The 31-page "humanitarian policy", published more than six...
