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Skilled
Russians have entered this into the record at the UNSC
It's purpose is to pre-empt a similar future charge from the west on the Russians.
I call this UNSC judo. If this is correct you won't hear more on this subject because its a block. The west has no avenue to pursue.
There is another angle going on here too. The Russians are using Hunter to interfere in American domestic politics.
It's purpose is to pre-empt a similar future charge from the west on the Russians.
I call this UNSC judo. If this is correct you won't hear more on this subject because its a block. The west has no avenue to pursue.
There is another angle going on here too. The Russians are using Hunter to interfere in American domestic politics.
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> There is another angle going on here too. The Russians are using Hunter to interfere in American domestic politics.
You mean, Russians are using United States of America's President's son, supposedly most patriotic people evar ? And what will Trump do now ?
Don't think one need to be this bent and out of shape explaining world events
You mean, Russians are using United States of America's President's son, supposedly most patriotic people evar ? And what will Trump do now ?
Don't think one need to be this bent and out of shape explaining world events
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Skilled
Capitalise on it. Republicans will win the midterns this Nov and in 2024 a republican candidate will become president.
Whether Trump stands or not is unclear. Most likely he will not and the candidate will be endorsed by him. Pompeo ?
This Hunter talk is only happening in the media. If there was a case they would be arguing in court. Not happened yet.
Until there is a conviction all this talk of Hunter is hot air.
The Russians did not take kindly to Biden's recent comment about Putin having to go.Don't think one need to be this bent and out of shape explaining world events
Russia is not Iraq. The west have taken on more than they handle and have only themselves to blame for it.
I don't support the Russian invasion, but this kind of economic and internet warfare can also be used on us tomorrow if there is a political or geopolitical divergence.
We keep showcasing all kinds of weapons during republic day, they have their place, but India has a gaping hole in security.
We export our assets, brain power, and import liability, technology and weapons. Even after 200 years of slavery Indians have not learnt our lessons.
Here is a article on how the sanctions were planned and orchestrated - https://www.newyorker.com/news/anna...ial-who-pierced-putins-sanction-proof-economy
We keep showcasing all kinds of weapons during republic day, they have their place, but India has a gaping hole in security.
We export our assets, brain power, and import liability, technology and weapons. Even after 200 years of slavery Indians have not learnt our lessons.
Here is a article on how the sanctions were planned and orchestrated - https://www.newyorker.com/news/anna...ial-who-pierced-putins-sanction-proof-economy
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Skilled
Do you understand why Russia invaded ? it's security related. Does a country have the right to act to defend its security interests when threatened or not. Of course they do. If the US can enter Iraq on such a basis then i see no problem with Russia or anyone else for that matter doing the same.
The core issue is the common security of Europe. All must be secure or none will be. But the way the west has been going about it is as a zero sum game. They want to be more secure than Russia. Does not work that way. Russia has been voicing these concerns for over a decade to no avail. In fact this has been outstanding ever since 1991.
They were ignored and the perception grows that NATO and Europe do not give a damn. Well, Russia's security is for Russia to decide and not anyone else.
I see many parallels with our country over the years and this conflict
- China & India never had any historical issues. Because there was a buffer in between called Tibet. When that buffer went away the Chinese were at our border and within a decade we were at war and continue to have issues into the present and could see a conflict in the future. The only way to prevent it is to restore Tibet as a buffer. Well Russia is making Ukraine a buffer. One that is neutral and will not pose a threat to Russia in the future. In this way Russia is preventing WW3. A good thing.
- Ukraine has become like a Pakistan for Russia. Russia is currently doing what India was not allowed to do. Finish the job. Sort out the problem. Notice there is nothing the west can do to stop Russia completing its objective. Unlike in India's case where we were always forced to come to some compromise and procrastinate. '71 was an exception but otherwise our options were limited. Zelensky begging in various parliaments is like Imran going around the world with a begging bowl.
- banning the Russian language in Ukraine to the point where if a vendor does not greet you in Ukranian will attract a fine (!) Well, Sri Lanka in the early 70s amde Sinhala the official language and deprecated Tamil. What happened ? Within a decade LTTE sprang up, we trained them and eventually had to go into Sri Lanka to neutralise them. North wanted to impose Hindi in the south in the 60s and there was a big pushback that continues to this day. When you impose or ban language you are trying to erase a culture.
- When Russia says it is liberating the Donbas and recognises the two republics there as independent its because these two have been getting shelled by Ukraine forces for many years. Over 14,000 killed in 8 years. What ethnicity were the victims. Who killed them. This war did not begin a month ago. It's been going on for eight years. No western journalist has covered that period of Donbas just like they never covered what went on in Kashmir. The Russian foreign ministry explains here
I found an independent crowd funded American who is reporting from there. Patrick Lancaster
There are Americans who want good relations with Russia. Nobody listens to them and if you say anything slightly in Russia's support then you get attacked. They are self censoring in the west about what is happening. They are in effect parroting Ukranian PR. Just like they used to do for Pak PR. So much for freedom of expression and tolerance of the west. There are also Ukranians who want peace with Russia but as we've found out they've been ousted, sanctioned or otherwise silenced. So the present course is the only outcome left. Ukraine's policy on important matters not being made in Kiev but Washington since 2014.
This was an entirely unnecessary war where Ukraine (willingly) was used, abused and left to its own devices by the west. The west says sweet things but who replaces the lost loved ones who had to die for no reason. What does Ukranian nationalism mean ? where is the pride. Why this mad love affair for the west. NATO will not fight for you, EU is not offering fast track. What does west offer for Ukraine. Broken country and dead people. Only good Ukranians for west are dead Ukranians like only good Kashmiris for Pak are dead Kashmiris. The separatists want others to sacrifice their kids while their kids study abroad. The west encourages Ukraine to fight while they eat popcorn and watch the show. WTH!!
Absolutely.
How well could China defend against such sanctions ? not very well either. They import fuel, food and are dependent on exports. This means China can be controlled if required.
I don't put much stock in western sanctions because Putin has not played his cards here yet and when he does he can make life unbearable in the west. To the point constituents start to question what Ukraine means for them and why they need to continue along this path. In other words they will be withdrawn at some point.
Part of Russia's foreign reserves has been frozen. The idea going around is it will be used as reparations to rebuild Ukraine. Well, think back to Iran in the 70s. US pulled this same stunt on Iran after the revolution. So Iran held US embassy officials for 444 days. And then released them. Why ? Americans caved and the funds were released when Regan entered office. Now if Iran in the 70s could do that, imagine what Russia can do in 2022.
Another data point. In 2018 Russian oligarch Deripaska got sanctioned by the US. The next day aluminium prices went up 40%, a can of soda coasts 15 cents more and 10,000 jobs in the US were at risk. Couple of months later the US has to quietly withdraw those sanctions. This is just one Oligarch.
The people who have it the hardest are the Euros. They have to get off Russian fuel. 40% gas and oil comes from Russia. Imagine if India was in such a situation ? what could we do. Europe is going to be in an economic slump for the rest of this decade as they have to get gas from others and spend 10s of billions. in infrastructure.
The alternative is instead of US fighting Russia to the last Ukranian it becomes to the last European.
Since the operation began, Euros have given Russia $19B for fuel so they are in effect funding this war for Putin (!)
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Skilled
After the deputy NSA's trip and this talk of 'consequences' ,
timesofindia.indiatimes.com
Love the way she calls out western hypocrisy
As the foreign minster has stated the only side India is on is its own !
India to face significant cost if aligned with Russia, US says | India News - Times of India
India News: President Joe Biden's top economic adviser said the administration has warned India against aligning itself with Russia, and that US officials have be
timesofindia.indiatimes.com
we will get to face the music from the Russians.
Love the way she calls out western hypocrisy
As the foreign minster has stated the only side India is on is its own !
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Skilled
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Skilled
This was a tough interview and the foreign minister with composure admirably rose to the challenge
India has to side with Europe on this Ukraine affair but when has Europe ever sided with India when it counted ? they never have if anything they were against us.
She points out how India's imports of Urals oil @$95 has shot up ninefold over Brent @$119
And ? does she expect India to sacrifice its growth because of this western created mess ? Chinese are importing from Russia big time.
On top of that can't import from Iran or Veuezuela. Then where the hell else are we supposed to import from ?
She says India is funding Russia's war but in reality its the Euros that are doing that to the tune of anywhere between $200m to $1bn A DAY !!!
The Euros sanction Russia while buying that much Russian energy every day. This is their position and they want to lecture us ?
What a feckless bunch these Euros are. They sleepwalked into the current conflict and expect others to foot the bill ?
I laugh whenever i hear Ursula Van der Crazy go on about Europe is going to replace Russian oil. They CANNOT when they depend on Russia for 40% of their energy needs whether it be gas, oil or coal !! The common man in Europe is going to foot the bill for this madness and will reward all these leaders by kicking them out at the next election.
Some guy asks why Europe should support India against China.
Heh, what support can Europe give India when they can't even manage problems in their own backyard.
This interview clearly exposes the Euro mindset towards India. Still think they can order us around. The minister pointed out India's standing in the world in nominal terms.
India is going to do what's in its interest because nobody else will.
For some security conference this sounded very much like random talk show anchor lambasting the minister.
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Skilled
Never let a good crisis go to waste - Churchill
https://www.bloomberg.com/news/arti...-to-increase-russian-oil-imports-from-rosneft
Not only will this help keep inflation under control we stand to gain as well
https://www.bloomberg.com/news/arti...-to-increase-russian-oil-imports-from-rosneft
Not only will this help keep inflation under control we stand to gain as well
European traders get more discounts on Russian oil than Indian buyers. Thanks to EU sanctions!
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Skilled
^That will be temporary only.
They want a reduction of 70% by ship to increase to 90% by the end of the year. So there is no scope for these discounts to continue for Euro traders.
The next problem is they cannot replace such a large amount in such a short period of time. So they will buy 'non-Russian oil' via a middle man.
If a middle man sells Russian oil it is no longer Russian oil as far as Europe is concerned (!)
Russia sells to countries and those countries resell on to Europe. This could even be done by ships that change flags.
Fill up in Russia, sail to another country. Change the flag. Sail back to Europe.
The Euro consumer now has to pay extra so EU can say look we are no longer buying oil from Russia
The final point is there is no way for them to sanction us or they will cut off their own supply because they cannot buy from Russia and the world cannot make up the difference.
So...Russia continues to sell oil, others refine it and sell it on to the EU who subsidises Russia's war.
This will keep inflation under control in India and allow the govt to set a price ceiling on fuel costs which they will subsidise at the expense of the Euros.
finance.yahoo.com
They want a reduction of 70% by ship to increase to 90% by the end of the year. So there is no scope for these discounts to continue for Euro traders.
The next problem is they cannot replace such a large amount in such a short period of time. So they will buy 'non-Russian oil' via a middle man.
If a middle man sells Russian oil it is no longer Russian oil as far as Europe is concerned (!)
Russia sells to countries and those countries resell on to Europe. This could even be done by ships that change flags.
Fill up in Russia, sail to another country. Change the flag. Sail back to Europe.
The Euro consumer now has to pay extra so EU can say look we are no longer buying oil from Russia
The final point is there is no way for them to sanction us or they will cut off their own supply because they cannot buy from Russia and the world cannot make up the difference.
So...Russia continues to sell oil, others refine it and sell it on to the EU who subsidises Russia's war.
This will keep inflation under control in India and allow the govt to set a price ceiling on fuel costs which they will subsidise at the expense of the Euros.
What Does Europe’s Ban On Russian Oil And Gas Mean For The West?
Europe’s ban on Russian oil and gas could trigger even higher inflation in the West as energy prices continue to soar
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Skilled
Looking for deals thanks to firesale prices by Shell, BP, Exxon in Sakhalin
lenta.ru
Путин передал государству имущество компании-оператора «Сахалина-2»
Президент России Владимир Путин подписал указ о специальных мерах в топливо-энергетической сфере в связи с недружественными действиями иностранных государств. Российский лидер указом предписал сменить оператора нефтегазового проекта «Сахалин-2» Sakhalin Energy и передать имущество компании в...
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Skilled
Amid sanctions, Russia becomes India’s top DAP fertiliser supplier
Imports made at significant discount to international prices.
indianexpress.com
Arrived in the nick of time when sowing for the kharif crop begins and we got it at a discount
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Skilled
So the latest plan from the west to deal with Russian oil is to fix the price that oil will be sold for. They want to put in place a buyer's cartel.
This is like telling the owner of a store the only products you will buy are ones that you can set the price for.
They are targeting a price of $40-$60/barrel which they figure will cripple Russia. The Russian govt needs oil to be at a certain price to run things in Russia.
Sounds like a great idea, which buyer would not want cheap oil. Nobody wants inflation and rising prices.
But how realistic is it ?
To do this, earlier, they said no shipping insurance from western companies for any ship that carries Russian oil. Now they are saying they will allow insurance for ships so long as the oil it contains meets the price cap. So they are quietly weakening their own sanctions because the first thing they said flopped.
This will also solve the problem of oil transhipments. So if India gets Russian oil at $30 cheaper than market price and refines and ships to Europe for less than that it pockets the difference. Well, now India will be discouraged from doing so. And India should cooperate which we will not. In any case the EU has already created a loophole by stating they would be ok with mixes.
The west also wants OPEC to cooperate. Which would they(?!?) OPEC is a cartel that wants to set the selling price. Not have it set for them by buyers. If Russian oil sells for less than what they want then their prices will come down as well. So OPEC will not cooperate.
What price fixing does is aggravate shortages because Russia would just cut production. So they would still make the same money but sell less.
It will create blackmarkets which are a sure sign that the market isn't running optimally. It will make it harder for western industry to buy the cheapest oil on the market.
The hardest thing to do is enforcement. Who's going to do it ?
Does not matter. They are going ahead with their plan whether India or China or OPEC likes it or not. This means there could be a spike if Russia cuts production. The deal with Iran has hit some snag so there will be no Iranian oil on the market to make up the difference.
None of this might be necessary if by years end there is a global recession then the price of oil will automatically come down.
By which time Russia wil have completed its objectives in Ukraine.
This is like telling the owner of a store the only products you will buy are ones that you can set the price for.
They are targeting a price of $40-$60/barrel which they figure will cripple Russia. The Russian govt needs oil to be at a certain price to run things in Russia.
Sounds like a great idea, which buyer would not want cheap oil. Nobody wants inflation and rising prices.
But how realistic is it ?
To do this, earlier, they said no shipping insurance from western companies for any ship that carries Russian oil. Now they are saying they will allow insurance for ships so long as the oil it contains meets the price cap. So they are quietly weakening their own sanctions because the first thing they said flopped.
This will also solve the problem of oil transhipments. So if India gets Russian oil at $30 cheaper than market price and refines and ships to Europe for less than that it pockets the difference. Well, now India will be discouraged from doing so. And India should cooperate which we will not. In any case the EU has already created a loophole by stating they would be ok with mixes.
The west also wants OPEC to cooperate. Which would they(?!?) OPEC is a cartel that wants to set the selling price. Not have it set for them by buyers. If Russian oil sells for less than what they want then their prices will come down as well. So OPEC will not cooperate.
What price fixing does is aggravate shortages because Russia would just cut production. So they would still make the same money but sell less.
It will create blackmarkets which are a sure sign that the market isn't running optimally. It will make it harder for western industry to buy the cheapest oil on the market.
The hardest thing to do is enforcement. Who's going to do it ?
Does not matter. They are going ahead with their plan whether India or China or OPEC likes it or not. This means there could be a spike if Russia cuts production. The deal with Iran has hit some snag so there will be no Iranian oil on the market to make up the difference.
None of this might be necessary if by years end there is a global recession then the price of oil will automatically come down.
By which time Russia wil have completed its objectives in Ukraine.
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Skilled
Things are moving faster than I expected
Freeing the Rupee: RBI Allows Foreign Trade Settlement in INR - Capitalmind
The internationalization of the rupee gets a major kick. We can denominate trade in Indian Rupees (INR) rather than in USD or EUR, with the RBI freeing up rules in our banking system. Even if probably designed to help us trade with Russia, the change has much greater ramifications. Read…
www.capitalmind.in
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While I agree that a local currency trade is helpful in some ways, establishing a common trade currency which is not under control of US, EU or UK is the key.
The west talks a lot about democracy, then why should international trade happen in "their" currency. Countries around the world need to wake up.
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