Ukraine - Russia Conflict


The libertarian economist and author has proposed to dollarise the economy, shutter the central bank and shut down some ministries to shrink the state in steps to fix Argentina’s economy, which faces high inflation and currency devaluation amid dwindling reserves and a looming debt bomb.
 
They'll sell a small amount in rupees to cover what they buy from India. In fact the amount sold was almost exactly equal to the amount they import from India.

1 million barrels of oil at $82/bbl now. $84.5m of imports from india last year.


Meanwhile they import $20bn from the US and $40-60bn from the EU, so will continue to take the vast majority of payments in $s.

 
They'll sell a small amount in rupees to cover what they buy from India. In fact the amount sold was almost exactly equal to the amount they import from India.

1 million barrels of oil at $82/bbl now. $84.5m of imports from india last year.


Meanwhile they import $20bn from the US and $40-60bn from the EU, so will continue to take the vast majority of payments in $s.

who cares what they deal with other cntries, we are getting more wiggle room in cutting down our dependence on dollar.

Indias trade with UAE is nearly $80 billion dollar of which $30 billion dollar is India's exports. Which literally means we can pay for nearly $30 billion in rupees itself. The trade will bound to increase as UAE will use the same rupees to buy from India. Greater the trade we do with them better it is for us. If we implement the same with other cntries, at the most max dollar we need is to just cover the deficit.

We will run our own printing press, :ROFLMAO:

season 6 boating buddies GIF by SpongeBob SquarePants
 
Footage of the attack of Russian FPV drones Phoenix-mini, on two Ukrainian armored vehicles BMP-1 and BMP-2. Drone "Phoenix-mini" company "BG-Optics", develops a maximum speed of up to 120 km/h and can rise to a height of up to 6000 meters, while carrying a payload of up to 1.5 kilograms. The drone can stay in the air for up to 40 minutes and has a flight radius of up to 16 kilometers. The drone is produced for civilian use, but apparently it was converted for military needs. The drone can automatically hold the course, coordinates and altitude, as well as carry out flight missions and auto return to the starting point.



 
The Russian sniper spoke about his combat work in Ukraine and the use of the Russian ORSIS T-5000 sniper rifle. A sniper conducts combat work from a position in one of the buildings



 
An abbreviated episode of the attack of the Russian T-90M "Proryv" tank, supported by two BMP-3 armored vehicles in Ukraine, the full version is in the telegram. A mechanized group of the 85th brigade of Russia enters Kleshcheevka and, under the cover of the lead tank T-90M "Breakthrough", carries out a landing from two BMP-3 armored vehicles. After the suppression of the positions of the Ukrainian army and the landing of troops, the tank puts a smoke screen and, together with the BMP-3 armored vehicles, retreats to their original positions. There is no information about the further course of the battle.



 
who cares what they deal with other cntries, we are getting more wiggle room in cutting down our dependence on dollar.

Indias trade with UAE is nearly $80 billion dollar of which $30 billion dollar is India's exports. Which literally means we can pay for nearly $30 billion in rupees itself. The trade will bound to increase as UAE will use the same rupees to buy from India. Greater the trade we do with them better it is for us. If we implement the same with other cntries, at the most max dollar we need is to just cover the deficit.

We will run our own printing press, :ROFLMAO:

season 6 boating buddies GIF by SpongeBob SquarePants
And yet you have only bought $82m in rupees. We'll see how it fairs, my bet is that they'll get sick of losing money in between.



Put up or shut up. :ROFLMAO:

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Dude I'd be considered an Oligarch if I and mein bank account moved to Russia. :D
That 12% interest will cost them but even with that the ruble has not recovered very much, it is still around 98 to the $ even now. And that's after indications of 2-3 foreign currency dumps by them in the chart as well. As indicated on graph below:

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4 Russian Kalibr missiles hit the Yuzhmash plant in Ukraine. Published footage of the strikes of Russian cruise missiles Kalibr, tonight on August 15, on the Ukrainian Southern Machine-Building Plant in the city of Dnepropetrovsk. As reported, the plant was hit by four missiles in total, you can see the missile strikes on the video. As a result of the impact, a strong fire broke out at the Yuzhmash plant. This is confirmed by a number of Ukrainian sources, citing the head of the Dnepropetrovsk regional military administration, Sergei Lysak.

 
An armored personnel carrier Stryker of the Ukrainian army, made in the USA, came under attack from a Russian kamikaze drone "Lancet" in the Rabotino district of the Zaporozhye region. Earlier we talked about the Stryker armored personnel carrier, there is a video with technical information on the channel. This is the first defeat of Stryker armored personnel carriers in Ukraine by Lancet drones. The quality of the video and the fact that it is not shown to the end does not allow us to assess what damage the armored personnel carrier received from the impact of the Lancet kamikaze drone.