Post by TsarSamuil on Jun 20, 2019 14:39:11 GMT -5
Putin Doubles Down! Russia Won’t Change Her Policies Because of US Sanctions or Bullying!
Vesti News Jun 20, 2019
Vladimir Putin: "According to expert data, the restrictions have resulted in Russia losing about $50 billion since 2014, while the European Union has lost $240 billion. The USA lost are about $17 billion. We don't have a huge amount of trade. Japan lost $27 billion. It influences job opportunities in these countries, including the EU. They're losing our market."
Post by TsarSamuil on Aug 12, 2019 16:20:11 GMT -5
This is the death of US unipolar world, they failed utterly
Russia’s credit rating soars to pre-sanctions level with reserves projected to reach $600 billion.
RT.com 12 Aug, 2019 09:44
Russia will continue to boost its foreign exchange and gold reserves, adding more than $70 billion to its coffers in two years, Fitch Ratings predicted as it raised the country’s credit rating to the highest level since 2014.
The international rating agency said that Moscow will be able to cope with new US restrictions against its financial sector. It comes shortly after Washington announced the latest sanctions targeting Russia over alleged involvement in the poisoning of double agent Sergei Skripal and his daughter in the UK last year. The measures include preventing American banks from participating in sovereign non-ruble primary bond issuance.
While Washington’s restrictions could weigh on Russia’s external financing flexibility, investment and growth prospects, the “heightened” sanctions risk has not stopped Fitch from upgrading Russia’s rating to ‘BBB’ with a stable outlook from ‘BBB- .’
“Russia has entrenched a credible and consistent policy framework that will deliver improved macroeconomic stability, reduce the impact of oil price volatility on the economy, and support increased resilience to external shocks,” Fitch Ratings analysts said in a statement last week.
The nation’s international reserves amounted almost $520 billion as of August 1, according to the central bank’s data. The figure will continue to rise and will reach $537 billion in 2019 and $591 billion by 2021, the agency forecasted.
“Increased exchange rate flexibility and compliance with the fiscal rule support the economy’s capacity to absorb real, financial and geopolitical shocks, and limit the impact of oil price volatility on the economy,” Fitch said.
Russia’s Finance Minister Anton Siluanov welcomed the upgrade by Fitch and said he hopes other rating agencies will follow suit.
“This decision [by Fitch] serves as another confirmation that Russia’s economy has fully adapted to existing challenges and is capable of reaching new growth rates,” Siluanov said. “We hope that the decision by Fitch will serve as a logical basis for upgrading Russia’s credit sovereign rating by other agencies of the ‘Big Three’ [Moody’s and S&P Global].”
Russia’s debt is rated at investment grade by all three big international rating agencies. In February, US-based Moody’s upgraded Russia’s rating to investment grade (to Baa3 from Ba1) with a stable outlook. S&P Global Ratings upgraded Russia from junk level last year and has recently said the new US sanctions targeting sovereign debt will have no immediate impact on the nation’s investment grade credit rating.
Post by TsarSamuil on Sept 11, 2019 15:10:20 GMT -5
Russia now has more assets than debt, despite sanctions.
RT.com 10 Sep, 2019 09:55
Thanks to steadily growing gold and foreign currency reserves, Russia’s debt-to-GDP ratio has turned negative for the first time since its economy was hit by Western sanctions and by the oil market crash of 2014.
As of August 1, the state debt (at the federal, regional and municipal level) amounted to 16.2 trillion rubles (around $247.3 billion). At the same time liquid assets of federal government, regions and non-budget funds stood at 17.6 trillion (nearly $268.8 billion).
It means that the state debt in broad terms became lower than the nation’s holdings, according to calculations by the Russian business outlet RBC, based on figures from the country’s central bank and the ministry of finance. As a result of this, Russia would be able to fully cover loans issued by both external and domestic creditors using only the state deposits kept by the Central Bank of Russia and local commercial banks.
Earlier this year President Vladimir Putin announced that Russia’s forex reserves fully cover foreign debt “for the first time in history.”
Russia has been increasing its stockpile of gold and boosting its reserves in recent years as part of its push to turn its economy away from the US dollar. Moscow has also managed to significantly cut its dependence on oil, among other reforms.
“What has been done in Russia’s macro economy from 2014 to 2019 is surely one for the history books,” Russia’s Economic Development Minister Maksim Oreshkin stated earlier this month.
However, while large reserves significantly help to mitigate financial risks for the country, they can hamper its economic growth, according to analysts. Indeed, while Russia saw the highest GDP growth in six years (2.3 percent) in 2018, its economy has already slowed down. In the second quarter of 2019 the GDP was 0.9 percent higher compared to the same period last year, while in the first three months Russian economy grew just 0.5 percent.
White Cossack: How are you, Nikolov? I heard it's a hot summer in Sweden this year. Do you enjoy it? Regards, Yaroslav
Jul 20, 2018 5:51:43 GMT -5
TsarSamuil: Very very hot...sometimes around 31-35...and it has been going on since month of May, everything is scorched yellow and dry, things are dying or dead, this is abnormal summer..must be global warming, usually have rainy dull summers, this feel like south eu
Jul 30, 2018 10:49:17 GMT -5
TsarSamuil: large forest fires, not where I live, but have country-wide BBQ ban..which I find ridiculous...not to enjoy this warm summer? pffft..
Jul 30, 2018 10:50:42 GMT -5
White Cossack: You enjoy it, huh.
Jul 30, 2018 12:41:41 GMT -5
TsarSamuil: Bbq is basic slavic right
Aug 3, 2018 10:18:31 GMT -5
Proto-Orchid: @ussrstrong: I blame general low activity on social medias, all the people sit there today
Oct 10, 2018 12:53:50 GMT -5
reznik: @proto-Orchid: very true. What's worse, is that the system is designed specifically to keep those people dormant in their echo chambers. Nothing new to learn for them there, just stupid cat videos and such. Sad.
Oct 14, 2018 5:48:26 GMT -5
Proto-Orchid: Its the substitute for going out, meeting and spending your time with friends in real life. Its just part of the story. When I was younger I remember people were meeting to play team sports, but today you see completely autistic people jogging with iPhone.
Oct 14, 2018 18:18:38 GMT -5
Proto-Orchid: Then they come back home, put pictures on Instagram or Facebook to show off how they spent their time jogging, and as mental satisfaction they get few likes or hearts, or whatever social medias have today, which is a measure of how good their life is. Sick
Oct 14, 2018 18:21:43 GMT -5
Pan-Slavic Patriot: Sto Latz! Today marks 100 years of Polska! May there be 100 more! Wish I could have gone to the Independence March to celebrate this year, of all years. Theres always the next one to look forward to...
Nov 11, 2018 6:56:57 GMT -5
prawiomir: Hello. : )
Nov 25, 2018 17:19:11 GMT -5
Pan-Slavic Patriot: The latest flare up in the Ukraine-Russia conflict is painful to watch. Two brothers pit against one-another by foriegn elites, for what? Money and power... Sad.
Nov 30, 2018 3:17:07 GMT -5
TsarSamuil: Seems like its loosing momentum? lets hope...
Dec 29, 2018 9:15:04 GMT -5
Farm needs Production with alu: To Direktor: Herr Wasilij Rosinov Adresse: Kasachstan, 110 006 Kostanay, ul. Schewchenko, 64 Tel: +7 (3142) 54 09 89 Fax: +7 (3142) 54 65 53 Email: firstname.lastname@example.org Web: www.ivolga.kz
To Ms. Yuliya Ryaskina Please place this email to concerning Managemen
Feb 27, 2019 23:01:32 GMT -5
Marcinko: Looking for contacts to research Marcinko name in Slovakia.
Jun 3, 2019 0:37:57 GMT -5
White Cossack: Nikolov, my dear.. What's up
Jul 28, 2019 9:08:27 GMT -5
TsarSamuil: Bought a 3rd book shelf, for some reason I'm crazy about buying lots of books..
Aug 12, 2019 15:49:41 GMT -5
kooratz: I don't shout , it's considered rude, here in the US. I do shout a few things though, for one, ILLEGAL IMMIGRATION, IS RUINING OUR NATION!
Sept 13, 2019 20:32:33 GMT -5