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  1. #501
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  2. #502
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  3. #503
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    Of course, they obscure the sanctions impact. The fact is what little manufacturing sector (gas station ) exists in Russia it has been basically shut down and that includes the military production.

  4. #504
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    The current anti-Russian sanctions prevent the successful resolution of the situation with the transportation and repair of Siemens gas turbine engines for the Portovaya compressor station, which supplies gas to European consumers via the Nord Stream gas pipeline.


    "Currently, only one of the six main gas pumping units (as well as a hot reserve of the same capacity) is in operation at the Portovaya CS. The daily capacity of the CS is no more than 33 million cubic meters of gas per day.

    According to the schedule of technical maintenance of gas turbines established by the manufacturer, after the end of the period between overhauls (25 thousand hours), a mandatory overhaul in the factory is required.

    A contract was signed with the British company Industrial Turbine Company (UK) Limited (part of the Siemens Energy group of companies) to repair engines at a plant in Canada. In accordance with the contractual terms, the completion date for the repair of engine No. 073 was in May of this year. Immediately after the repair, the engine was to be transferred to Gazprom.

    However, due to Canadian sanctions and without the consent of Gazprom, the engine was sent to Germany instead of Russia, which does not comply with the terms of the contract. Canadian authorities have issued engine removal documents, which are in no way related to the current contract, to Siemens Energy Canada Limited, which is not a party to the contract. If the engine is transported to Russia, there is a risk that the Canadian authorities may consider this a violation or circumvention of the conditions of the issued permit. In turn, this may lead to the revocation of the permit and the impossibility of repairing other engines of the Portovaya compressor station in Canada.

    The supply of an engine from Canada to Germany also creates risks associated with the application of EU sanctions. In particular, the provisions of EU Regulation 833/2014 (with all amendments and additions) establish that it is prohibited to sell, supply, transfer, sell or export directly or indirectly gas turbine engines, technologies and other goods specified in the sanctions lists, regardless of whether they are produced whether the specified goods or technologies in the EU, any individual or legal entity in Russia or for use in Russia.

    In addition, since Industrial Turbine Company (UK) Limited is a party to the contract, it is subject to the requirements of UK law, including sanctions restrictions.
    In the absence of official clarifications from the EU and the UK on the application of sanctions, it is not clear that the repair and transportation of gas turbine engines for the Portovaya CS will not be subject to export restrictions.

    Similar risks remain for engines No. 072, No. 074 and No. 121 subject to overhaul.

    Thus, the sanctions regimes of Canada, the EU, the UK and the inconsistency of the current situation with the current contractual obligations on the part of Siemens make the delivery of engine No. 073 to the Portovaya CS impossible."

    Telegram: Contact @gazprom



    Last edited by OhOh; 06-08-2022 at 12:22 AM.
    A tray full of GOLD is not worth a moment in time.

  5. #505
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    We had the bloody Kaiser, we had friggin' Hitler- and now, after all these years, we just see Germany self immolate.

  6. #506
    Im bored AF Backspin's Avatar
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    Quote Originally Posted by bsnub View Post
    Of course, they obscure the sanctions impact. The fact is what little manufacturing sector (gas station ) exists in Russia it has been basically shut down and that includes the military production.
    Which must be why the Ruble is one of the best performing currency in the world vs USD.

    I tried Youtubing the Russian tank factory tour video from 2 weeks ago but it's taken down. Trying to argue with the biggest propaganda brainwashing exercise since Japan in ww2 is just pointless. Believe what you want. It doesn't matter. Not worth wasting any time on it.

  7. #507
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    As a cheerleader SoCal, just what do you think would happen if NATO decided to take Russia on?, same with the Chinks?

  8. #508
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    Quote Originally Posted by sabang View Post
    We had friggin' Hitler- and now, after all these years, we have Putin

    FTFY.

  9. #509
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    “ the biggest propaganda brainwashing exercise since Japan in ww2“


    I’ll bite… go on skiddy, explain. Were the Japanese really oppressed heroes against the nasty expansionist North Americans?

  10. #510
    Thailand Expat panama hat's Avatar
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    Quote Originally Posted by Backspin View Post
    Which must be why the Ruble is one of the best performing currency in the world vs USD.
    It's a regulated currency . . . just like the Yuan/RMB - do you know how that works? Given that out very own bank teller doesn't, that should be no surprise.



    Quote Originally Posted by Backspin View Post
    Not worth wasting any time on it.
    Good. Fuck off. Or . . . try posting facts, not tiktok/twitter shit.

  11. #511
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    Quote Originally Posted by sabang View Post
    We had the bloody Kaiser, we had friggin' Hitler- and now, after all these years, we just see Germany self immolate.
    I didn't realise you were that old, bank-teller man. Singe-handidly took on Hitler and the Kaiser - well done. Germany self-immolating? Another well-done, you have surpassed Backspit in the 'stupid' games.

  12. #512
    Chinese spy sabang's Avatar
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    Putin Has The Russian Economy Booming The West Is In Serious Trouble

    Dr. Stephen Leeb, PhD




    If the economy starts slowing while inflation is high, the Fed will have to resume quantitative easing…

    The Russian Economy

    A more hawkish Federal Reserve and rising U.S. interest rates have been front page financial news. The European Union recently jumped on the bandwagon with tougher monetary policy as it tries to choke off multi-decade highs in inflation. Meanwhile, last week Russia announced a large decline in its key lending rate to 8% from 9.5% as inflation in Russia dropped to pre-Ukraine war levels. Lest we forget, the ruble remains the world’s strongest fiat currency at the moment.

    Some economic statistics from Russia remain opaque, though, probably because detailing how the Russian economy is outperforming the still-dire forecasts would expose the futility of sanctions in preventing Russia from getting what it needs. In this regard, I would give a medal for journalistic valor to Wall Street Journal reporter Evan Gershkovich, who in a July 1st front page WSJ article wrote:

    “Bars are filled to the brim in Russia’s biggest cities. Film and jazz festivals are sold out. And while the police patrolling Moscow’s streets are now armed with assault rifles, they are busier handing out fines for public drinking than putting down dissent."


    Since then, most indications including the recent interest rate cut point to Russia’s continued economic resilience.

    China Troubles

    China is another outlier in terms of monetary and fiscal policy. It has announced massive economic infrastructure spending and an effective end to its policy of reining in speculation in the real estate market. At least judging by its bond market — where in contrast to Western countries, long-dated rates remain comfortably above shorter-term rates — the long-term prospects are for solid growth, despite the recent slowdown. I will have more to say about China at a later date.

    For the moment, I’ll just note that the leading countries of the South Eastern (SE) part of the world by and large don’t seem to be facing global economic turmoil. Unfortunately, the same cannot be said about the North West (NW), including the U.S. and Europe.

    The U.S. Has Lost Its Way


    FULL- https://wire.insiderfinance.io/putin...e-19c633ae2c5f

  13. #513
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by DrWilly View Post
    “ the biggest propaganda brainwashing exercise since Japan in ww2“


    I’ll bite… go on skiddy, explain. Were the Japanese really oppressed heroes against the nasty expansionist North Americans?
    Good move. That should keep him googling for a while.

  14. #514
    Thailand Expat panama hat's Avatar
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    Quote Originally Posted by harrybarracuda View Post
    Good move. That should keep him googling for a while.
    It's clearly in connection with preter-Malthusian thought

  15. #515
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    5 Aug, 2022 12:37 HomeBusiness News


    G20 states revolt against US pressure Bloomberg

    Half of the G20 nations have not supported the sanctions

    "The US-led drive to isolate Russia through sanctions has not succeeded, as half the countries in the Group of Twenty leading global economies refused to sign on, Bloomberg reported on Friday.

    According to the publication, senior officials from leading Western nations are surprised by the lack of support within the wider G20, despite their efforts to make the case for restrictions against Russia.


    Argentina, Brazil, China, India, Indonesia, Mexico, Saudi Arabia, South Africa, and Turkey have not joined the sanctions that were adopted by the US, UK, EU, and their allies Australia, Canada, Japan, and South Korea. Some nations, like China and South Africa, have openly criticized the restrictions. The G20 nations account for around 85% of global economic output.

    According to Bloomberg, the reasons for the lack of support include strong trade ties, historical affinities to Moscow, and a distrust of former colonial powers."

    G20 states revolt against US pressure Bloomberg RT Business News
    Last edited by OhOh; 06-08-2022 at 03:19 PM.

  16. #516
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    More utter trash from the Kremlin reposted by one of its useful idiots.

  17. #517
    Chinese spy sabang's Avatar
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    So Bloomberg is now the Kremlin? All is lost.

  18. #518
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    Quote Originally Posted by sabang View Post
    So Bloomberg is now the Kremlin? All is lost.
    You idiot, the article is from RT.

  19. #519
    Chinese spy sabang's Avatar
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    You eejut, the article quotes Bloomberg.

  20. #520
    Thailand Expat panama hat's Avatar
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    Quote Originally Posted by sabang View Post
    You eejut, the article quotes Bloomberg.
    Talk about "eejut" . . . cherry picking:

    Argentina, Brazil, China, India, Indonesia, Mexico, Saudi Arabia, South Africa, and Turkey
    Yea . . . frightening . . . you may wish to find out who coined the title.

  21. #521
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by sabang View Post
    So Bloomberg is now the Kremlin? All is lost.
    Why do you think the RT article has no links to the Bloomberg one?

    Take your time, we know it's hard for you.

  22. #522
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    Quote Originally Posted by harrybarracuda View Post
    the RT article has no links to the Bloomberg


    Quote Originally Posted by OhOh View Post
    Bloomberg
    Quote Originally Posted by OhOh View Post
    Bloomberg reported on Friday
    Quote Originally Posted by OhOh View Post
    According to the publication,
    Quote Originally Posted by OhOh View Post
    According to Bloomberg,

  23. #523
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    6 Aug, 2022 12:02 HomeBusiness News


    Europe’s aerospace industry fears Russia sanctions – WSJ

    A disruption of titanium exports could spell trouble for plane manufacturers
    Europe’s aerospace industry would be in danger if sanctions disrupt the supply of Russian titanium, the Wall Street Journal reported on Friday, citing the top management of Airbus.

    Russia’s VSMPO-Avisma is the world’s largest supplier of the metal and was the main trading partner for the US-based Boeing and Europe’s Airbus.

    While Boeing halted purchases of Russian titanium from VSMPO, Airbus has continued buying it through unsanctioned entities and has lobbied to keep the firm off the sanctions list.

    “The ones we would sanction would be ourselves. If they [VSMPO] stop delivering to worldwide global aerospace, it’s the end of the story. So it’s a typical lose-lose,” the WSJ quoted Airbus CEO Guillaume Faury as saying.

    VSMPO meets about half of Airbus’ titanium needs. The metal is widely used in plane making because it is light, strong, and resistant to corrosion.

    Before the sanctions, Boeing received about a third of its titanium from Russia. Apart from Japan, US allies don’t produce aircraft-quality metal. The Department of Commerce has repeatedly described the current situation as a threat to national security.

    After the start of Moscow’s military operation in Ukraine, plane manufacturers said they were looking for alternative sources of titanium, but according to the WSJ, this diversification did not happen."

    Europe’s aerospace industry fears Russia sanctions – WSJ — RT Business News

  24. #524
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    ^cornwall

  25. #525
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    Quote Originally Posted by malmomike77 View Post
    ^cornwal
    Do they import Russian titanium, or is it mined there?

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