Ο Πούτιν ειρωνεύεται τους Δυτικούς: «Τι ώρα θα γινόταν η εισβολή στην Ουκρανία;»

[Προέλλην]

How Putin 'destroyed' the ruble and brought Russia to the brink of default

Russia has banned its citizens from buying US dollars, completing the isolation of an economy that once had ambitions to join the global club of financial powers.

As recently as the 2008 global financial crisis, Russian President Vladimir Putin and his lieutenants had promoted the ruble as a potential alternative to the US dollar, arguing that it should be an integral part of the global financial system. Russia would become one of the world's five biggest economies, they claimed.

Putin's quest to dominate his neighbors, starting with his assault on Georgia in 2008, and continuing with the annexation of Crimea in 2014 and last month's invasion of Ukraine, has shredded what remained of the authoritarian leader's economic dreams.

In early 2008, one US dollar would buy roughly 25 rubles. The Russian currency has depreciated significantly since then, and Western sanctions imposed in response to the invasion of Ukraine have pushed it into freefall. On Wednesday, one US dollar could buy 117 rubles in Moscow after the currency fell 10% and hit a new record low. The ruble has been even weaker in the offshore market this week.

The latest slide came after Russia's central bank banned Russians from buying hard currencies and ordered banks to cap withdrawals from foreign currency accounts at $10,000 for the next six months, moves that could help preserve some of the country's dollar reserves and support the ruble.

Sergey Aleksashenko, a former Russian finance ministry and central bank official, described the strategy as "incredible foolishness" that could lead to a run on the banks.

"Apparently, the outflow of foreign currency deposits from Russian banks has exceeded the Bank of Russia's forecasts and put under question the banks' ability to meet their obligations," he wrote in a newsletter.

"The biggest mistake monetary authority may make in Russia is to touch private savings — if there was no bank run until now, it's going to happen," added Aleksashenko.

Russia has been scrambling to prevent financial meltdown since the United States, European Union and other Western allies imposed sanctions on much of the country's banking system, including freezing hundreds of billions of dollars worth of reserves Moscow had been stockpiling for years to shield the economy. Analysts estimate that more than half of Russia's reserves of foreign currency and gold are now off limits.

The central bank more than doubled interest rates to 20%, and temporarily banned Russian brokers from selling securities held by foreigners. The government has ordered exporters to exchange 80% of their foreign currency revenues for rubles, and banned Russian residents from making bank transfers outside Russia.

The ruble has come under intense pressure, and Moscow's failure to defend the currency will translate to economic pain. Russia is a leading exporter of oil and gas but many other sectors of its economy rely on imports. As the value of the ruble falls, they will become much more expensive to buy, pushing up inflation.

Fitch Ratings slashed Russia's credit rating on Tuesday and warned that a default was "imminent."

"The further ratcheting up of sanctions, and proposals that could limit trade in energy, increase the probability of a policy response by Russia that includes at least selective non-payment of its sovereign debt obligations," the ratings agency said in a statement.

Even with Russia on the brink of default, Western countries are continuing to unleash punishing restrictions designed to further isolate Moscow. The United States and the United Kingdom banned Russian energy imports on Tuesday, and the European Union said it would attempt to reduce natural gas imports by 66% this year.

For Moscow, the costs are adding up. The central bank's decision to prevent Russians from buying US dollars marks the end of the ruble, according to Anders Åslund, an economist and former adviser to the Russian government.

"All ruble convertibility is over. Putin has destroyed the ruble," Åslund said on Twitter.

https://edition.cnn.com/2022/03/09/busi ... index.html

[Προέλλην]

Here are the companies pulling back from Russia

https://edition.cnn.com/2022/03/02/busi ... index.html

Εκατοντάδες χιλιάδες θέσεις εργασίας χάνονται.

Η ανέχεια, η πείνα και οι γυναίκες του ενός καλσόν, είναι καθοδόν.

[Προέλλην]

"There is not yet any indication that China sees aiding Russia as worth violating Western sanctions," said Neil Thomas, a China analyst at Eurasia Group, adding that a "flagrant" defiance of those sanctions would come with a "heavy economic punishment" for Beijing as well.

"Beijing's much-touted lifting of import restrictions on Russian wheat was agreed before the invasion and does not indicate Chinese support," he said.

While Russia needs China for trade, Beijing has other priorities. The world's second largest economy is Russia's No. 1 trading partner, accounting for 16% of the value of its foreign trade, according to CNN Business' calculations based on 2020 figures from the World Trade Organization and Chinese customs data.

But for China, Russia matters a lot less: Trade between the two countries made up just 2% of China's total trade volume. The European Union and the United States have much larger shares.

Chinese banks and companies also fear secondary sanctions if they deal with Russian counterparts."Most Chinese banks cannot afford to lose access to US dollars and many Chinese industries cannot afford to lose access to US technology," said Thomas.

According to Singleton, these Chinese entities "could very quickly find themselves subject to increased Western scrutiny if they are perceived in any meaningful way as aiding Russian attempts to evade U.S.-led sanctions."

"Recognizing that China's economy and industrial output have been under enormous pressure in recent months, Chinese policymakers will likely attempt to strike a delicate balance between supporting Russia rhetorically but without antagonizing Western regulators," he added.

There have been reports this week that two of China's largest banks — ICBC and Bank of China — have restricted financing for purchases of Russian commodities, in fear of violating potential sanctions.

Reuters also reported Tuesday that China's coal imports from Russia have stalled because buyers couldn't secure funding from state banks worried about international sanctions.

https://edition.cnn.com/2022/03/03/econ ... index.html

Θα χορτάσουν ψωμάκι απο τους Κινέζους οι ξεβράκωτοι

[ΣΑΤΑΝΙΚΟΣ ΕΓΚΕΦΑΛΟΣ]

https://www.youtube.com/watch?v=JrHKHvfyOkQ

[nemo]

δεν θα ελεγα οχι σε μια προταση για αλλαγη του ονοματος μας
απο ελλαδα σε πουτανα και απο ελληνες σε πουτανες

τα πσοκσυριζανδκκε σας αφαιρεσε καθε ιχνος αξιοπρεπειας

υσ.μια φορα ειχα δει ενα ντοκιμαντερ
απο κατι πουτανες και γκει και τραβεστι απο μπαγκλαντες
σε συνοικιες με στενα σοκακια με πολυ μικρα σπιτακια
αυτο που μου εκανε τρομερη εντυπωση ηταν η συνηθεια στην εξαθλιωση
αλλα ακομη κι μεσα σε αυτην την ανθρωπινη χαβουζα
υπηρχαν δυο -τρια ατομα απο καθε φυλο που ειχαν επιγνωση
της καταστασης που βρισκοταν ...ακομη και ετσι τους δικαιολογω
λογω της απεραντης φτωχειας οπου οι ζωες απλα κανουν οτι κανουν
για να καθυστερησουν λιγο ακομη τον θανατο

εσεις νεοελ ..δεν δικαιουστε ουτε αυτο το ελαχιστο

[Φασολαδα]

έπεσε πούτσα εδώ, ε, λάχου;

ειναι δυνατον να μην τα πηρε χοντρα με αυτα που εκανε ;

Λάκη εσυ?

Screenshot 2022-03-10 220739.png

https://twitter.com/GeorghyZhukov/statu ... 6123535360

[vallon]

[nemo]

γιατι δεν υπαρχει ακομη ενα νομπελ μαλακιας ;
δηλαδη αν επιτραπει ο γαμος στην εκκλησια θα αλλαξει ο κοσμος
προς το καλυτερο; θα εχουν να φανε οι πεινασμενοι της γης
και οι αρρωστοι θα γιατρευτουν μεχρι που θα ξυπναν και οι πεθαμενοι

υσ..δεν ειναι ασχετο με το νοημα του νηματος

Η γνωστή ηθοποιός Μαρκέλλα Γιαννάτου, κατά τη διάρκεια τηλεοπτικής της συνέντευξης το πρωί της Πέμπτης, ανέφερε μεταξύ άλλων πώς δεν θα παντρευτεί μέχρι να επιτραπεί ο γάμος στα ομόφυλα ζευγάρια.

Παράλληλα μίλησε και για τον ρόλο της στις «Άγριες Μέλισσες».

Μάλιστα, δεν έκρυψε την ενόχλησή της με όσους λένε πως πήρε τον ρόλο στη σειρά λόγω της σχέσης της με τον σκηνοθέτη, Λευτέρη Χαρίτο.

«Είπαν ότι μπήκα στις “Άγριες Μέλισσες” λόγω της σχέσης μου με τον Λευτέρη Χαρίτο. Θύμωσα στην αρχή αλλά το ξεπέρασα γρήγορα», είπε.

Και πρόσθεσε: «Δεν έχουμε παντρευτεί με τον Λευτέρη. Είχα δηλώσει στα πλαίσια του συμβολικού, ότι δεν παντρευόμαστε μέχρι να επιτραπεί ο γάμος στα ομόφυλα ζευγάρια. Δε σημαίνει ότι επειδή δε θα παντρευτούμε εμείς, θα αλλάξει αυτό. Είναι συμβολικό, απλώς επειδή μας αρέσει να σκεφτόμαστε ρομαντικά, αν το έκαναν όλοι, ίσως άλλαζε».

[ΣΑΤΑΝΙΚΟΣ ΕΓΚΕΦΑΛΟΣ]

ειναι δυνατον να μην τα πηρε χοντρα με αυτα που εκανε ;

Λάκη εσυ?

Screenshot 2022-03-10 220739.png

https://twitter.com/GeorghyZhukov/statu ... 6123535360

Αυτό ακριβώς είναι το επίπεδο της εθνολαϊκιστικής μούργας. Λαζό και βγάλε

[ΣΑΤΑΝΙΚΟΣ ΕΓΚΕΦΑΛΟΣ]