Russia-Ukraine War - News, Discussions & Updates

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Russian growth is only due to increased spending for its war economy which is clearly not sustainable. Inflation is 7-8% with interest rates at 16%. GDP growth was also negative in 2022, so 2023 growth was from a very low base.

Russia has no sustainable path to growth which is why the IMF predicts a stagnant GDP through the end of the decade.

Meanwhile US GDP will cross $30T within 2 years and $40T in a decade.
Russia is a treasure trove of mineral wealth(Oil, Gas, Coal, Metal). The country is a giant in the agriculture sector(Corn, wheat, soy). All of those are in great demand in the Chinese market. While Russia's education supplies top-notch graduates for first-class technical institutes like Tsagi Aerospace etc. Their armament industry is innovative and wide. Her industry supply chain is more or less self-sufficient. Granted with so much money pouring into the economy inflation is inevitable. But at 7% it is no worse than the US. Russia can continue to pursue this war forever!
 
The ruble is rubble.


“There is a crisis of confidence in the ruble,” Sergei Aleksashenko, a former Russian central bank chief who is now a vocal Kremlin critic, said in a tweet following the August 15 rate hike. He predicted rate increases would have little impact on the currency.​
Russian dissident is unreliable The ruble has been strengthening since late last year

Higher foreign currency supply bolsters Russian ruble​

The Russian ruble extended its strengthening trend from the previous session on Wednesday, bolstered by central bank interventions and an increase in foreign currency sales by exporters following Russia's extended New Year holidays.

At 0748 GMT, the ruble had appreciated by 0.4% against the dollar and 0.3% against the euro. The central bank has tweaked its intervention formula this year to bolster the ruble. Between January 9 and 12, the bank intends to sell foreign currency worth 900 million rubles ($10.1 million) daily.
"The ruble's strength fundamentally stems from the heavy volume of foreign exchange sales by the central bank," remarked Alexei Antonov from Alor Broker. "Additionally, exporters have begun to offload dollars and yuan accumulated over the New Year holidays."

Since October, when the ruble slid to 100 against the dollar, a presidential decree mandating exporters to convert some foreign currency revenue has buttressed the Russian currency. This, along with a hike in interest rates to 16% last month, has provided further support.
 

Kyiv Under Missile Attack | Russia Is About To Launch A New Offensive | Military Summary 2024.03.21​


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Russia is a treasure trove of mineral wealth(Oil, Gas, Coal, Metal). The country is a giant in the agriculture sector(Corn, wheat, soy). All of those are in great demand in the Chinese market. While Russia's education supplies top-notch graduates for first-class technical institutes like Tsagi Aerospace etc. Their armament industry is innovative and wide. Her industry supply chain is more or less self-sufficient. Granted with so much money pouring into the economy inflation is inevitable. But at 7% it is no worse than the US. Russia can continue to pursue this war forever!

The IMF projects Russian growth to be stagnant over the next 5 years. Their top minds immigrate to the West, their arms exports have plummeted due to there awful performance in Ukraine. An US inflation is around 3%.

Russias economic future looks awful, while US GDP will cross $40T in a decade.
 
Russia bombs Russia.
russian SU bombers drop bombs on positions held by russian rebels at Belogorod.
Everything will turn to ashes.
Well done


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The IMF projects Russian growth to be stagnant over the next 5 years. Their top minds immigrate to the West, their arms exports have plummeted due to there awful performance in Ukraine. An US inflation is around 3%.

Russias economic future looks awful, while US GDP will cross $40T in a decade.
It doesn't matter what IMF said It is more important what China said. So far China confirms the limitless friendship between China and Russia. US inflation of 3% is a myth just check the price at the supermarket 18oz oil goes from $2.75 to $3.86. I can go on and on. US uses creative ways to calculate the inflation rate.

There is a bottleneck in China-Russia trade due to logistic shortcomings, insufficient rail lines, and bridges, a legacy of distrust in the 60's, and Russia Europe's orientation. But it will be remedied as a plan is ongoing to build more rail lines, bridges, etc
 

Russia launches huge missile attack on Kyiv​


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Ukraine attacks on Russian oil and gas sites ramping up to slash Putin's war chest​


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if he says so

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helicopter killing vehicles with impunity

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HUGE!!!!

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