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  1. #451
    Thailand Expat panama hat's Avatar
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  2. #452
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    In a significant example of growing Eurasian integration, Russian President Vladimir Putin visited Iran, signed a $40 billion energy cooperation agreement, and pledged to strengthen their economic and military alliance with China. Moscow and Tehran also called to drop the US dollar and use local currencies for trade.


    <font size="4"><span style="font-family: Merriweather; font-size: 15px; background-color: rgb(255, 255, 255);">

  3. #453
    Thailand Expat harrybarracuda's Avatar
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    Looks like even his chinky "pals" don't want to touch puffy with a shitty stick either.

    China has not funded any new infrastructure projects in Russia for months as Beijing focuses its attention on preventing a financial crisis at home.
    Financing and investment through the Chinese Belt and Road Initiative (BRI) fell to $28.4bn (£23.6bn) over the first half of 2022, down from $29.4bn during the same period last year, according to a study by the Green Finance & Development Center at Shanghai’s Fudan University.
    No money went to new projects in Russia, Sri Lanka or Egypt, all of which had previously been key beneficiaries of Chinese spending. The lack of engagement with Russia suggests Chinese businesses may be afraid of falling victim to secondary sanctions introduced against Moscow over the invasion of Ukraine, and comes despite the pair insisting that their friendship had "no limits" shortly before the war began.
    Blow for Putin as China abandons investment in Russia

  4. #454
    Thailand Expat panama hat's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    Looks like even his chinky "pals" don't want to touch puffy with a shitty stick either.
    When it comes to money . . . everything else is secondary

  5. #455
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    Quote Originally Posted by harrybarracuda View Post
    The lack of engagement with Russia suggests Chinese businesses may be afraid of falling victim to secondary sanctions introduced against Moscow over the invasion of Ukraine
    But but the sanctions aren't having an effect.


  6. #456
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    Quote Originally Posted by harrybarracuda View Post
    "pals" don't want to touch
    Military drills

    26 Jul, 22:50

    Russia to hold Vostok large-scale strategic command and staff drills

    The drills will bring together the Airborne Force, long-range and military transport aircraft and also military contingents of other countries

    MOSCOW, July 26. /TASS/.

    "The Vostok 2022 strategic command and staff drills will run under the command of the chief of Russia’s General Staff on August 30 - September 5, the Russian Defense Ministry announced on Tuesday.

    "The Vostok 2022 strategic command and staff exercise with troops (forces) of the Eastern Military District will run under the command of the chief of the Russian General Staff on August 30 - September 5, 2022," the ministry said in a statement.

    The strategic command and staff exercise will practice employing combat groups in ensuring military security in the Eastern region. The drills will bring together the Airborne Force, long-range and military transport aircraft and also military contingents of other countries, the statement reads.

    "Practical operations of the troops (forces) will run at the Eastern Military District’s Bidzhanskiy, Burduny, Bukhta Anna, Goryachiye Klyuchi, Knyaze-Volkonsky, Litovko, Lagunnoye, Mukhor-Kondui, Novoselsky, Sergeyevsky, Telemba, Uspenovsky and Tsugol training grounds, "

    the ministry specified."


    Continues at:

    Russia to hold Vostok large-scale strategic command and staff drills - Military & Defense - TASS


    A map of Russian Military Districts, shown in yellow on the map. Adjoining one of its friends to the south, it seems.

    Economic sanctions-russian-military-districts-jpg

    Military districts of Russia since 2021

    Northern Military District

    Eastern Military District

    Central Military District

    Southern Military District

    Western Military District

    https://en.wikipedia.org/wiki/Military_districts_of_Russia


    One wonders if the "pal" to the south of the Eastern Military District, has accepted it's invitation to attend and allow their own military forces to join the:

    "large-scale strategic command and staff drills"

    I'm surprised that Russia is able to hold them, what with all its military forces are, as alleged by some TD posters, being:

    1. Obliterated by the 16% supplies military personnel,

    2. Obliterated by the 16% supplied wonder weapons,

    3. Obliterated by the 16% supplied intelligence,

    4. Obliterated by the 16% supplies food,

    5. Obliterated by the 16% supplied fuel,

    6. Obliterated by the 16% supplied mercenaries.

    7. Obliterated by the 16% supplied ammunition

    8. Obliterated by the 16% supplied training

    9. Obliterated by the 16% supplied finances

    10. ....

    Where do all these Russians come from is:

    Economic sanctions-zhou-enlai-jpg
    Last edited by OhOh; 28-07-2022 at 10:47 PM.
    A tray full of GOLD is not worth a moment in time.

  7. #457
    Chinese spy sabang's Avatar
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    Despite sweeping sanctions, Russia's economic outlook has improved since April

    Despite sweeping sanctions, Russia's economic outlook has improved since April — but it's gotten worse for almost every other country





    • The IMF forecast Russia's economy to contract 6% this year — an improvement from its April forecast.
    • Russia's crude-oil and energy exports have been holding up better than expected, said IMF.
    • Global economic outlook is gloomy, with growth likely to hit 3.2% this year, down from 6.1% in 2021.



    Russia's economy is holding up better than expected amid sweeping sanctions over its invasion of Ukraine, according to the International Monetary Fund's World Economic Outlook report issued on Tuesday.

    The IMF slashed growth forecasts for almost every country, but upgraded Russia's economic forecast — with the country's economy still contracting, but by 6% — an improvement from the IMF's April forecast of an 8.5% contraction.

    That's because Russia's crude-oil and non-energy exports have been "holding up better than expected," the IMF wrote in its report. "In addition, domestic demand is also showing some resilience thanks to containment of the effect of the sanctions on the domestic financial sector and a lower-than-anticipated weakening of the labor market," added the IMF.

    "That's still a fairly sizable recession in Russia in 2022," IMF chief economist Pierre-Olivier Gourinchas told the AFP. And "there is no rebound" for Russia with the country's economy expected to contract by 3.5% in 2023 — down from IMF's April forecast of a 2.3% contraction, as sanctions gnaw their way through the economy, Gourinchas added to the news agency.

    Overall, the IMF warned of a gloomy economic outlook with global growth likely to hit 3.2% this year — down from 6.1% in 2021 due to higher-than-expected inflation, a slowdown in China, and fallout from the war in Ukraine.

    Europe's growth is weighed down by the possibility of a Russian natural-gas supply halt as countries in the region are heavily dependent on the fuel import. GDP growth for the euro-zone is expected to slow to 2.6% this year, down from 5.4% in 2021.

    https://www.yahoo.com/news/despite-s...071532029.html

  8. #458
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    Quote Originally Posted by bsnub View Post
    But but the sanctions aren't having an effect.
    On Russia, less and less.

    On Europe and NaGastan, they are exploding every day, citizens warmth, citizens pocket books, citizens mental health/hygiene, citizens access to food and diminishing front page media coverage.

    Europe Natural Gas Supply

    1. European “certification”, thwarted NS2. No heating for Europe.

    2. Canada “certification” can close NS1. No natural Gas for Europe.

    Russia sanctions: Can the world cope without its oil and gas?

    By Jake Horton & Daniele Palumbo

    BBC Reality Check

    Published 2 days ago

    How much Russian gas does Europe use?

    "Russia supplied the EU with 40% of its natural gas last year.

    Germany, Europe's largest economy, was the largest importer in 2020, followed by Italy.

    The UK imported just 4% of its needs from Russia and the US doesn't import any gas from Russia.

    However, they are also affected when Russia restricts supplies to mainland Europe, as this causes global gas prices to rise. Gas prices have almost doubled in the UK over the last year.

    Economic sanctions-screenshot-2022-07-28-23-05-a

    Consumers are facing rising energy and fuel bills as sanctions on Russian energy kick in.

    Heating prices are likely to increase even further if Russian gas exports to Europe are restricted.

    In the UK, household energy bills have been kept in check by an energy price cap.

    But bills rose £700 to about £2,000 in April when the cap was increased.

    They are expected to reach more than £3,200 when the cap is increased again this autumn.


    UK petrol and diesel prices have also soared
    , and the government has announced a cut in fuel duty as motorists struggle with record prices."


    https://www.bbc.com/news/58888451


    No deals signed by Europe for gas or oil so far. Any updates 'arry?

    NaGastan:


    U.S. to sell additional 20 million barrels of oil from strategic reserve

    By Timothy Gardner

    July 27, 20222:03 AM GMT+7Last Updated 2 days ago

    WASHINGTON, July 26 (Reuters) -

    "The Biden administration on Tuesday said it will sell an additional 20 million barrels of oil from the Strategic Petroleum Reserve as part of a previous plan to tap the facility to calm oil prices boosted by Russia’s invasion of Ukraine and as demand recovers from the pandemic.

    The administration said in late March it would release a record 1 million barrels of per day of oil for six months from the SPR, held in hollowed-out salt caverns on the coasts of Louisiana and Texas.

    The United States has already sold 125 million barrels from the reserve with nearly 70 million barrels already delivered to purchasers, a senior administration official told reporters.

    The SPR releases have been a "supply lifeline" to oil and refining companies as the industry continues to get oil production back online after declines during the peak of the COVID-19 pandemic, the official said.

    The U.S. Energy Information Administration, the statistics arm of the Energy Department, said this month that U.S. oil output will rise to more than 11.9 million barrels per day (bpd) in 2022 and to nearly 12.8 million bpd in 2023, from about 11.2 million bpd in 2021. That compares with a record near 12.3 million bpd in 2019.

    The United States will take bids in autumn to begin the process of buying back 60 million barrels of crude for reserve, a first step in replenishing the stockpile after the 180 million barrel release, the Department of Energy said in May. read more

    The department will soon propose a rule to help put oil back into the SPR, where levels have sunk to 475.5 million barrels, the lowest since June 1985, by allowing it to enter forward contracts to purchase oil in future years at fixed, preset prices.

    "What it means in practice is that producers would have more certainty about future demand for their product, and that would encourage investment in production today," a senior U.S. official told reporters.

    Oil purchases to replenish the SPR will not be competing with demand for oil in the near term as they will likely take place after fiscal year 2023, an official told reporters."

    Continues at:

    https://www.reuters.com/business/ene...ve-2022-07-26/




    Last edited by OhOh; 28-07-2022 at 11:40 PM.

  9. #459
    Thailand Expat harrybarracuda's Avatar
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    Hoohoo loves the puffy lies and blackmail.

    Complete vermin.

  10. #460
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    Economic sanctions-apocalypsenow-horror-gif

    28 Jul, 2022 07:54 HomeWorld News

    Sanctions on Russia could leave Britain without fish'n'chips

    There are fears that half of the country’s shops selling the uniquely British fast food may go out of business


    Sanctions on Russia could leave Britain without fish'n'chips — RT World News

    28 Jul, 2022 06:01 HomeBusiness News

    Cheeseburger falls victim to cost-of-living crisis

    The McDonald's staple in the UK sees first price hike in 14 years

    https://www.rt.com/business/559726-mcdonalds-cheeseburger-cost-of-living-crisis/


    Economic sanctions-1f2498be-54ea-479c-bba5-0464e56a434e-jpeg

    https://www.globaltimes.cn/Portals/0...4e56a434e.jpeg

  11. #461
    Chinese spy sabang's Avatar
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    Laugh of the Day

    This nostalgic masterpiece was written April 25, by a Quoran with an MA in history & latin from Ohio State-


    Is Russia going to regret their war against Ukraine?





    The war in Ukraine is a war of attrition- a war of economic attrition.

    Russia is not a wealthy nation by any means. In fact, they are poorer than Italy, a substantially smaller nation. Russia does not have a massive economy with endless potential, they have a very restricted economy built to favor the elites.

    Lots of people have died in this war so far. Russian losses approach 30,000 (killed or wounded) and about 20% of their deployed forces are gone. Russia has more people though and it can replace at least some of its losses.

    However, what is going to break is the Russian economy.


    • The ruble is dead. Nobody is buying rubles because nobody is exporting resources. This means the ruble is only stable thanks to Russia burning through its foreign currency reserves and restricting trading
    • The Russian stock market is dead- it tanked 30% before it was closed. As of today, you can buy stocks but you cannot sell them
    • Google, Facebook, Twitter, and Tiktok have cut off Russian access to their services
    • Exxon, BP, and other oil companies have pulled out their investments, totaling 40 billion dollars
    • Virtually every car and plane manufacturer has stopped production in Russia
    • International banking systems have cut Russia off- restricting Russian access to their foreign currency accounts



    Russia is making no money. Their exports have tanked to virtually nothing and they aren’t importing much either. This means the cost of basic goods like food has gone way up.

    As the cost of living increases the ruble’s value remains the same. In reality, the ruble is useless and the only reason it has value is that Russia is propping it up.
    At some point, the Russians will run out of foreign currency while the cost of living triple in price. Couple this with 10–20k dead Russians.
    This will cause the Russian people to turn on Putin

    Meanwhile, the Russian Oligarchs, who keep Putin in power, will turn on him over this war. They are losing tons of money every day and their business empires are crumbling. They will blame Putin for this.

    Putin knows all of this. That’s why he suddenly changed war goals and stopped trying to take Kyiv. He knows he has to end this war quickly and he needs to be able to say he won.

    Ukraine knows all of this too. They know the Russian economy will collapse as a result of this war. So Ukraine is unlikely to give in. After 2 months of insanely bloody fighting, Russia has taken Kherson (which is now contested) and they have almost taken Mauripol. After 2 more months of fighting maybe Russia takes 1 additional city- maybe.

    Ukraine knows this and will bleed Russia out. They will inflict high losses on the Russian military and bide their time.

    The Russian economy will collapse and just like WW1, the Russian people will turn on their fearless leader. Ukraine is merely waiting for this to happen.
    Quora - A place to share knowledge and better understand the world


    How time flies.




  12. #462
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    There are still lots of facts in that article, even if it was written on your shit site.

    Quote Originally Posted by sabang View Post
    The Russian stock market is dead
    True

    Quote Originally Posted by sabang View Post
    Google, Facebook, Twitter, and Tiktok have cut off Russian access to their services
    True

    Quote Originally Posted by sabang View Post
    Exxon, BP, and other oil companies have pulled out their investments, totaling 40 billion dollars
    True

    Quote Originally Posted by sabang View Post
    Virtually every car and plane manufacturer has stopped production in Russia
    True

    Quote Originally Posted by sabang View Post
    International banking systems have cut Russia off- restricting Russian access to their foreign currency accounts
    True

    Quote Originally Posted by sabang View Post
    Their exports have tanked to virtually nothing and they arenít importing much either. This means the cost of basic goods like food has gone way up.
    True and validated by numerous Russian youtubers.

    Quote Originally Posted by sabang View Post
    In reality, the ruble is useless and the only reason it has value is that Russia is propping it up.
    This is true as well. In an important note, the ruble has been tanking over the past month. Especially over the past week. Reality is coming soon.

  13. #463
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    No matter what the Kremlin says, the sanctions against Russia are working and 'catastrophically crippling' its economy: study


    Five months into the invasion of Ukraine, Russia's economy is imploding from sweeping international sanctions and a corporate exodus, a Yale University analysis has found. The analysis, released July 20, was led by Jeffrey Sonnenfeld, a professor at the Yale School of Management.

    The study's findings stand in contrast to studies of Russia's economy that show it's holding up better than expected. Many of those analyses, forecasts, and projections draw from Russian government economic releases, which are becoming "increasingly cherry-picked; partial, and incomplete, selectively tossing out unfavorable statistics while keeping favorable statistics," the Yale team wrote. "Indeed, the Kremlin has a long history of fudging official economic statistics, even prior to the invasion."

    Russia's economy has not rebounded and is in fact "reeling," the Yale authors found. They used private Russian-language data sources and sources like high-frequency consumer data for their analysis.

    "From our analysis, it becomes clear: business retreats and sanctions are catastrophically crippling the Russian economy," the authors wrote.

    One reason Russia appears so resilient is because the Kremlin has been flooding the economy with "artificial liquidity" and propping up the ruble with "draconian capital controls," wrote the Yale team.

    In reality, the corporate exodus out of Russia has reversed nearly 30 years worth of foreign investment, as those foreign companies accounted for 40% of the country's GDP, the Yale authors added.

    "Putin is resorting to patently unsustainable, dramatic fiscal and monetary intervention to smooth over these structural economic weaknesses, which has already sent his government budget into deficit for the first time in years and drained his foreign reserves even with high energy prices," they wrote.

    In April, Russian Finance Minister Anthon Siluanov said the country will draw from its rainy-day fund to cover the deficit. The move, the Yale team wrote, points to a Kremlin that is "fast running out of money, despite intentional obfuscation."

    The report's authors call on the international community to keep pressure on Russia over the Ukraine war: "Defeatist headlines arguing that Russia's economy has bounced back are simply not factual — the facts are that, by any metric and on any level, the Russian economy is reeling, and now is not the time to step on the brakes."

    https://www.businessinsider.com/russ...e-study-2022-7

  14. #464
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    The Ruble is worth more than at the start of the conflict. Unlike you the charts don’t lie.

  15. #465
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    Quote Originally Posted by Iceman123 View Post
    the Ruble is worth more than at the start of the conflict. Unlike you the charts don’t lie.
    That is not what I said. Do not twist my words, new recruit. It is now trending downwards.

  16. #466
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    Quote Originally Posted by bsnub View Post
    That is not what I said. Do not twist my words, new recruit. It is now trending downwards.
    As usual what you said is of little relevance. Year on year the Ruble is up some 20% against the USD, It is also up since the sanctions were put in place. Currencies move up and down on a minute by minute basis. I suggest technical analysis is not your forte if you perceive the trend is the Ruble tanking.

  17. #467
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    Quote Originally Posted by Iceman123 View Post
    As usual what you said is of little relevance.
    Perhaps, if you are a Putin jizz jockey.

    Quote Originally Posted by Iceman123 View Post
    I suggest technical analysis is not your forte if you perceive the trend is the Ruble tanking.
    You should keep your suggestions to yourself, old fool.

  18. #468
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    JPMorgan says Russia has had little problem rerouting its oil exports, meaning the expected plunge in production never happened




    • Russia has been able to reroute its oil exports away from Europe with little fuss, JPMorgan has said.
    • The bank's analysts said they expect Russian production in the third quarter to be higher than a year ago.
    • Better-than-expected global production and signs of a drop in demand have pushed oil prices lower.




    Russia has been able to reroute its oil exports away from Europe without serious disruptions, JPMorgan has said, adding that the expected drop in output "never happened."

    Better-than-expected Russian production, along with the release of oil from global strategic reserves, helps explain the recent drop in crude prices, the bank's head of commodities research Natasha Kaneva said in a note to clients.

    Russia's oil exports to Europe — its biggest market — have fallen relatively sharply in 2022, as companies have "self-sanctioned" in the wake of Vladimir Putin's invasion of Ukraine in late February.

    However, Russia has been able to shift its exports towards Asia, with India and China in particular stepping up their purchases. More recently, a jump in domestic demand has caused Russian oil production to rise back to prewar levels.

    "The market consensus was too pessimistic about Russia's capability to re-route volumes to other buyers," Kaneva and her colleagues said in the note Wednesday. "Russia's exports adjusted towards other buyers without a serious disruption to its production."

    "At its peak, the oil market was pricing in the worst-case scenario — a 3 million barrel a day loss of Russian production combined with record-high summer demand — while, in reality, it never happened."

    JPMorgan expects Russia production to produce 9.95 million barrels a day of oil in the third quarter, above the 9.76 million barrels a day produced in the same quarter a year earlier.

    It thinks production will slip to 9.5 million barrels a day in 2023, staying relatively strong despite the European Union's ban on most oil imports from the country.

    Oil prices have fallen in recent weeks, with global supply stronger than expected and demand likely to weaken in the coming months as the world economy slows. WTI crude, the US benchmark price, was down around 10% over the last month to trade at $98 a barrel Friday.


    JPMorgan says Russia has had little problem rerouting its oil exports, meaning the expected plunge in production never happened

  19. #469
    On a walkabout Loy Toy's Avatar
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    ^ I feel the only people that are really suffering due to these sanctions against Russia are the general public global wide.

    I know my wife and I are!

  20. #470
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    Quote Originally Posted by Loy Toy View Post
    ^ I feel the only people that are really suffering due to these sanctions against Russia are the general public global wide.

    I know my wife and I are!
    Absolutely! Including the general Russian population.

    Sanctions by their very nature hurt both sides.

  21. #471
    Thailand Expat panama hat's Avatar
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    Quote Originally Posted by Norton View Post
    Absolutely! Including the general Russian population.

    Sanctions by their very nature hurt both sides.
    SAnctions only hurt leaders if they are beholden to the population or are massively unpopular anyay. Putin is not beholden to the population, who in turn have to love him
    Any type of sanction eventually hurts the average person. If oligarchs are targeted they will lay off people, as has happened in this case . . . and to suggest that they haven't caused great pain, like sabang and ohwoe love to do, is simply insane.

  22. #472
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    Quote Originally Posted by Loy Toy View Post
    ^ I feel the only people that are really suffering due to these sanctions against Russia are the general public global wide.

    I know my wife and I are!
    You are both in Thailand, I presume.

    In what way are the 16% imposed sanctions affecting you and our wife, business?
    Last edited by OhOh; 30-07-2022 at 11:14 PM.

  23. #473
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    deleted
    Last edited by OhOh; 30-07-2022 at 11:55 PM.

  24. #474
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    Deleted.
    Last edited by OhOh; 30-07-2022 at 11:57 PM.

  25. #475
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    The EU collectively are finally realising they have lost their monopsony on cheap Russian oil and gas.

    They should have seen the runes, Power Of Superior 2014 and Power Superior 2 2022, should have rung warning bells.

    Power of Siberia 1 and 2.

    Power of Siberia - WikipediaThe Russia/India pipeline is being touted again.

    Where will the users of cheap Russian gas in Europe, industrial and domestic, to feed their addiction?

    Some TD posters believe they have a number of solution, which however, have yet to be found, agreed, signed and delivered.

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