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  1. #576
    Elite Mumbler
    pickel's Avatar
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    Quote Originally Posted by sabang View Post
    "Russian propaganda" meant media created by the Russian government to facilitate the information interests of the Kremlin.
    This is still true though. A fact that is quite often ignored by you.

    As for the rest, who really cares what a poet blogger "thinks".

  2. #577
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    Quote Originally Posted by sabang View Post
    No. I've read some of her 'ethereal' poetry though. But it's her quite regular catty, pithy comments that selectively get copied here.
    Stop wandering off topic on your hobby horse, and cherry picking the quotes that you find so amazing!

  3. #578
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by misskit View Post
    ^ Have you read any of Johnstone’s books?
    I think he's got a bit of a boy crush on the harpy to be honest.

  4. #579
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    Coming from a failed loser born with a silver spoon in his mouth, now that's rich. GIYF

  5. #580
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    Quote Originally Posted by sabang View Post
    a failed loser
    I don’t know who is supplying your drugs, but you might want to rethink your supplier.

  6. #581
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    ^ GIYF- "Pentagon pollution" or "Pentagon biggest polluter", then find me the 'Russian propaganda'. Why some people here just can't seem to be able to do a quick, 20 second Google search baffles me. It can save you a lot of embarrassment.


    Wall Street predicted Russia's economy would collapse after it invaded Ukraine. These 3 charts show that hasn't happened.



    • Top investment banks expected Russia to suffer severe economic damage after it invaded Ukraine in February.
    • But Russia's economy has held up better than expected, causing them to revise those predictions.
    • Here are three charts that show the Russian economy's resilience in the six months since war started.

    FULL- 3 Charts: How Russia's Economy Bucked Wall St Forecasts for Post-War Pain

  7. #582
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    Far from it. Proud to have been born in a Council house in brum. Proud to not live in one now too.

  8. #583
    Thailand Expat DrWilly's Avatar
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    Quote Originally Posted by sabang View Post
    Strange how uninterested I am in the UK these days, considering I was born there


    Not really all that surprising considering your idealation of all things Sino-Russian.

  9. #584
    Thailand Expat Backspin's Avatar
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    Quote Originally Posted by sabang View Post
    "Until a few years ago, "Russian propaganda" meant media created by the Russian government to facilitate the information interests of the Kremlin. Now it just means any media that criticizes the foreign policy of the most powerful empire that has ever existed."

    Caitlin Johnstone

    Swish-
    She tweeted this today

    "I'm so glad I don't live in a country like Russia or China where people are forbidden to criticize their government. I live in the west, where I'm free to criticize Russia and China all I want."

  10. #585
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    Quote Originally Posted by Backspin View Post
    She tweeted this today

    "I'm so glad I don't live in a country like Russia or China where people are forbidden to criticize their government. I live in the west, where I'm free to criticize Russia and China all I want."
    I see at least one of you is still unable to accept reality.

    Try to do at least a little research on the numpty you are quoting …… sigh!

  11. #586
    Thailand Expat OhOh's Avatar
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    Putin to supply Russian oil and gas to Taliban; Kremlin set to sign a deal with Afghanistan

    30 Aug 2022

    "The Taliban administration in Afghanistan is in the final stages of talks with Moscow over a contract to purchase gasoline and benzene from Russia. Rising inflation has eroded Afghanistan's currency and sanctions have stopped development aid. As a result Afghan people are suffering under the Taliban administration. Even Moscow does not formally recognise the Taliban administration. If signed, the deal will a sign of foreign countries increasingly doing business with the Taliban. Countries around the world have refused to give the Taliban government official recognition since it took control of Kabul last year. The talks come at a time when United States has urged countries to cut down on use of Russian oil."

    A tray full of GOLD is not worth a moment in time.

  12. #587
    Thailand Expat OhOh's Avatar
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    Russia Curbs Gas Supply to France’s Engie as Squeeze Worsens

    Francois de Beaupuy

    Tue, August 30, 2022 at 5:10 PM·3 min read

    (Bloomberg) -- Europe faced a further squeeze in Russian energy supplies as Gazprom PJSC told French utility Engie SA it will reduce gas deliveries starting Tuesday because of disagreements over some contracts.

    "Moscow has progressively choked shipments of the fuel to Europe in retaliation for sanctions related to its invasion of Ukraine. The cutbacks, which have so far mostly targeted Germany and eastern Europe, have plunged the continent in its worst energy crisis in 50 years, sending prices soaring amid concerns about supply shortages during the coming winter.

    “We’re getting ready for the worst-case scenario, which is a complete cut-off,” French Energy Transition Minister Agnes Pannier-Runacher told France Inter radio when asked about Engie on Tuesday. She reiterated that Russia was using gas as a weapon of war.

    The announcement follows Monday’s call from French Prime Minister Elisabeth Borne for businesses to cut energy use or face possible rationing this winter if Russia halts gas deliveries. A much higher than usual number of outages at Electricite de France SA’s aging nuclear reactors is also straining the energy market, sending gas and electricity prices in Europe to records.

    “Gazprom has informed Engie of a reduction in gas deliveries, starting today, due to a disagreement between the parties on the application of some contracts,” the French utility said in a statement Tuesday. “As previously announced, Engie had already secured the volumes necessary to meet its commitments towards its customers and its own requirements, and put in place several measures to significantly reduce any direct financial and physical impacts that could result from an interruption to gas supplies by Gazprom.”

    Engie shares were trading 1.3% higher at 11:58 a.m. in Paris.
    Governments across the continent are scrambling to cut their dependence on Russian energy and drafting plans to ration fuel if conservation measures fall short. They are also spending tens of billions of euros to partly shield businesses and households from surging bills amid rising risks of recession. The European Union is preparing steps to limit power prices in the short term, and to sever the link between gas and electricity costs longer term.

    Read more: European Energy Prices Plunge as EU Plans to Intervene in Crisis
    With more than 90% of its gas storage full, France should have enough fuel to cope with a winter with average temperatures, Engie Executive Vice President Claire Waysand said Monday. However, the situation could be tight during potential cold snaps, she added.

    Reserves in the European Union were filled up to 79.4% of capacity as of Aug. 27 compared with the target of 80% by Nov. 1, according to Gas Infrastructure Europe inventory data. Gazprom plans to halt supplies on the Nord Stream pipeline to Germany from Aug. 31 for three days of planned maintenance.

    Gazprom’s deliveries to Engie had already decreased “substantially” since the invasion of Ukraine, with recent monthly supply of about 1.5 terawatt-hours, the company based near Paris said. That compares with the group’s total annual supplies in Europe of above 400 terawatt-hours, it said.

    The utility is holding talks with Algeria’s Sonatrach as part of its diversification strategy away from Russian supplies. Those new medium- and long-term contracts with the North African nation wouldn’t kick in this winter, Waysand said."

    Russia Curbs Gas Supply to France’s Engie as Squeeze Worsens

  13. #588
    Thailand Expat OhOh's Avatar
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    Russia Confounds the West by Recapturing Its Oil Riches

    August 29, 2022

    Russia pumps almost as much oil into the global market as it did before its invasion of Ukraine. With oil prices up, Moscow is also making more money.

    "Demand from some of the world’s largest economies has given Russian President Vladimir Putin the upper hand in the energy battle that shadows the war in Ukraine, and has confounded the West’s bid to cripple Russia’s economy with sanctions.

    Sales are booming in Russia’s export market, the world’s largest in crude and refined fuels. And new trade arrangements have given Mr. Putin cover to use natural gas exports as an economic weapon against Ukraine’s European allies. Before the war, Russia supplied Europe with 40% of its gas. It has since throttled flows through the Nord Stream pipeline to Germany and other conduits, driving prices higher and putting pressure on European households and businesses.

    Oil revenue more than makes up the difference. “Russia is swimming in cash,” said Elina Ribakova, deputy chief economist at the Institute of International Finance. Moscow earned $97 billion from oil and gas sales through July this year, about $74 billion of that from oil, she said.

    The country exported 7.4 million barrels of crude and products such as diesel and gasoline each day in July, according to the International Energy Agency, down only about 600,000 barrels a day since the start of the year.

    The Flow of Russian Oil

    Although many European countries and the US have reduced their imports of Russian oil, countries in Asia and the Middle East are buying more, which has helped Russia maintain its oil export levels.

    Even with the dip in oil exports, Russia has earned $20 billion in average monthly sales this year compared with a $14.6 billion monthly average in 2021, when economies were recovering from the pandemic crash. Shipments were rising again in August, data from ship-tracking firm Vortexa show.

    Russia’s oil-market resilience has drawn a mixed reaction in Washington, which is juggling two conflicting goals: Tamping down inflation with increased global oil supplies, and keeping economic pressure on Mr. Putin.

    Oil prices, which spiked past $130 a barrel in the first weeks of the war, have settled around $100 in recent weeks. While still higher than a year ago, the retreat has brought down gas-station prices in the U.S. and Europe.

    Russian energy sales have flourished by finding new buyers, new means of payment, new traders and new ways of financing exports, according to oil traders, former Russian industry executives and shipping officials.

    “There came a realization that the world needs oil, and nobody’s brave enough to embargo 7.5 million barrels a day of Russian oil and oil products,” said
    Sergey Vakulenko,

    an analyst and former Russian energy executive.

    After buyers in the U.S., the European Union and their Pacific allies cut back their Russian oil imports, much of it went to nations in Asia that have declined to take sides in the conflict.

    An unexpected market has been the Middle East. Exports of Russian fuel oil, a lightly refined version of crude, now go to Saudi Arabia and the United Arab Emirates, often stopping in Egypt en route.

    The Russian oil is either burned in Saudi power stations or exported from Fujairah, a U.A.E. port and hot spot for blending Russian and Iranian oils to conceal their provenance. This is oil that before the war was shipped to U.S. refiners.

    The Russian imports, purchased at a discount, free state giant Saudi Arabian Oil Co. to export its crude at market prices. “The Saudis are happy to take their oil and sell it rather than burning it,” said

    Carole Nakhle,

    chief executive at consulting firm Crystol Energy.

    The arrangement adds supply to the global oil market, helping put a lid on prices. “This is a win-win situation for the Russians and even, I would say, for the Europeans and the U.S.,” Ms. Nakhle said.

    It also strengthens Russian ties with the Middle East, where Mr. Putin is capitalizing on friction between the Saudis and the Biden administration. Riyadh, joined with Moscow in a cartel known as OPEC+, has resisted U.S. pressure to pump more crude. That has propped up prices, helping Russia during the months when its oil traded at a significant discount.

    Saudi Energy Minister

    Prince Abdulaziz bin Salman

    said last week OPEC could cut oil production, rebuffing U.S. pressure to open the spigots and instead sticking by Moscow.

    Loose labeling

    In most cases, Russian oil is legal to buy and sell. The U.S. and EU designed sanctions on the financial system that allow payments for oil to flow to non-sanctioning countries, as well as keep energy prices from rising further.

    Many Western institutions, including banks and commodity trading houses, went beyond what was required by law and said they would cut back or stop any transactions that touched Russian oil. That left smaller traders to facilitate Russian exports when such firms as

    Glencore

    PLC and Gunvor wound down their handling of oil produced by Russia’s state-backed Rosneft Oil Co.

    These smaller players moved personnel to Dubai and Singapore to skirt short-lived EU sanctions on dealing with Rosneft, said traders and industry executives.

    To help obscure its oil-trade workarounds, Moscow ended monthly updates on oil production and other data, making it difficult to gauge activity. Often, Russian port documentation no longer details where the country’s oil is heading and who is shipping it, according to traders.

    Middlemen move Russian oil from one ship to another while at sea, an expensive maneuver that both disguises its origin and fills vessels too large to reach Russian ports on the Baltic Sea. Traders say it is likely done to ensure that financial institutions, mindful of sanctions and damage to their reputations, don’t withdraw funding and insurance for the shipments.

    Iranian, Venezuelan and now Russian fuel oil is stored in the trading hub of Fujairah and intentionally disguised, according to oil traders. One trader in Switzerland said he was offered fuel oil that, based on characteristics such as its sulfur content, was clearly Russian. The label said otherwise."

    Russia Confounds the West by Recapturing Its Oil Riches - WSJ







  14. #589
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by OhOh View Post
    Putin to supply Russian oil and gas to Taliban
    Well once you support one bunch of genocidal fucks, it's just numbers after that.

  15. #590
    Thailand Expat OhOh's Avatar
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    30 Aug, 2022 16:19 HomeBusiness News

    UK inflation may top 22% next year – Goldman Sachs

    The Wall Street bank says rising natural gas prices could propel consumer prices in Britain to record highs22.

    "Inflation in Britain could jump above 22% in 2023 if gas prices continue to grow, Bloomberg reported on Tuesday, citing Goldman Sachs analysts.The bank’s economists estimate that if prices keep rising, the UK may be forced to hike its energy cap by a further 80% in January, which would in turn push inflation up to 22.4% and cause a 3.4% drop in the country’s GDP.

    Moreover, even if energy prices stabilize, analysts say the peak inflation rate will be around 14.8% in January, which is enough to plunge the country into a recession.

    According to Bloomberg, investors expect drastic measures from the Bank of England in the coming months to battle inflation, including a key rate hike of up to 4.25% from the current 1.75%.

    Goldman Sachs’ inflation forecast tops the previous one made last week by Citigroup, which expects inflation in the UK to surge to 18.6% next year, and the Bank of England’s expectation of 13%."

    UK inflation may top 22% next year – Goldman Sachs — RT Business News

  16. #591
    Thailand Expat OhOh's Avatar
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    2 Sep, 2022 16:37 HomeBusiness News


    Nord Stream gas supply to EU stopped indefinitely – Russia's Gazprom

    The flow will not be restored on schedule due to a turbine failure, Gazprom says.

    "Russian energy giant Gazprom announced on Friday the suspension of natural gas supplies to the EU via the Nord Stream 1 pipeline, for an indefinite period, due to technical malfunctions. The pipeline was supposed to restart on September 3 following repairs to its sole operating turbine.According to the company, it received a warning from Russia’s industrial regulator Rostekhnadzor about the turbine failure.

    The problems were reportedly detected during scheduled maintenance work, and the pipeline will not be able to operate without proper repairs, according to Gazprom.

    The Russian firm said it has informed German manufacturer Siemens about the turbine failure and the need for an overhaul."

    Nord Stream gas supply to EU stopped indefinitely – Russia's Gazprom — RT Business News

  17. #592
    Thailand Expat harrybarracuda's Avatar
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    More blackmail.

    Perhaps that Lukoil bloke said they shouldn't do it, so got thrown out of a window.

  18. #593
    Thailand Expat russellsimpson's Avatar
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    Say no more. Say no more........

  19. #594
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    OhOh.

    Walls of sycophantic text from dubious, unsubstantiated sources ar not only irritating. They are fooling no one except you.

  20. #595
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by OhOh View Post
    The problems were reportedly detected during scheduled maintenance work, and the pipeline will not be able to operate without proper repairs, according to Gazprom.
    Update.

    Russia scraps gas pipeline reopening, stoking European fuel fears

    Christoph Steitz and Caleb Davis

    Frankfurt/gdansk

    Reuters

    Published Yesterday Updated 2 hours ago2

    "Russia has scrapped a Saturday deadline to resume flows via a major gas supply route to Germany, deepening Europe’s difficulties in securing winter fuel, after saying it had found faults in the Nord Stream 1 pipeline during maintenance.Nord Stream 1, which runs under the Baltic Sea, had been due to resume operating at 0100 GMT on Saturday after a three-day halt for maintenance.

    But Gazprom, the state-controlled firm with a monopoly on Russian gas exports via pipeline, said on Friday it could not safely restart deliveries until it had fixed an oil leak found in a vital turbine. It did not give a new time frame."

    "However, Siemens Energy, which normally services Nord Stream 1 turbines, said such a leak should not stop the pipeline from operating. "

    “Such leaks do not normally affect the operation of a turbine and can be sealed on site. It is a routine procedure within the scope of maintenance work,” the company said."

    "Moscow has blamed sanctions, imposed by the West after Russia invaded Ukraine, for hampering routine operations and maintenance of Nord Stream 1. "

    "Siemens Energy said it is not currently contracted to carry out maintenance work on the line, but is on standby."

    "Gazprom Chief Executive Alexei Miller said on Wednesday that sanctions meant Siemens could not carry out regular maintenance."

    Russia scraps gas pipeline reopening, stoking European fuel fears - The Globe and Mail


    The problem:

    Economic sanctions-1183721_8qcw89k7hb85x4u_full-jpg



    The Solution:

    Gazprom, "requests Siemens to carry out the maintenance and certify the turbine".

    Siemens staff arrive and deliver.

    Problem solved.

    Last edited by OhOh; 03-09-2022 at 12:58 PM.

  21. #596
    Thailand Expat harrybarracuda's Avatar
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    Puffy isn't fit to be a world leader, he's just a money grubbing gangster.

  22. #597
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by Switch View Post
    text from dubious, unsubstantiated sources
    Which posts of mine do not have a source posted?

    As for being dubious:

    Economic sanctions-zhou-enlai-jpg




    One 16% media source's opinion on the recent oil price cap proposal from the 16%.

    U.S. Bid to Cap Russian Oil Prices Draws Skepticism Over Enforcement

    The maritime insurance industry says policing oil transactions is not workable, raising questions about enforcement of a buyers’ cartel.

    By Alan Rappeport

    Aug. 3, 2022

    "But the untested concept has drawn scepticism from energy experts and, in particular, the maritime insurance sector, which facilitates global oil shipments and is key to making the proposal work. Under the plan, it would be legal for them to grant insurance for oil cargo only if it was being sold at or below a certain price.

    The insurers, which are primarily in the European Union and Britain, fear they would have to enforce the price cap by verifying whether Russia and oil buyers around the world were honoring the agreement.

    “We can ask to see evidence of the price paid, but as an enforcement mechanism, it’s not very effective,” said Mike Salthouse, global claims director at The North of England P&I Association Limited, a leading global marine insurer. “If you have sophisticated state actors wanting to deceive people, it’s very easy to do.”

    He added: “We’ve said it won’t work. We’ve explained to everybody why.”

    That has not deterred Ms. Yellen and her top aides, who have been crisscrossing the globe to make their case with international counterparts, banks and insurers that an oil price cap can — and must — work at a moment of rapid inflation and the risk of recession."

    nytimes.com
    Last edited by OhOh; 03-09-2022 at 12:03 PM.

  23. #598
    Thailand Expat OhOh's Avatar
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    The Death of the British Pub

    2 Sept 2022


  24. #599
    Thailand Expat OhOh's Avatar
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    Quote Originally Posted by OhOh View Post
    Nord Stream gas supply to EU stopped indefinitely – Russia's Gazprom
    Update No. 2:

    Here is the statement by Gazprom via Telegram:

    "On the results of the maintenance of GPU No. 24 at the Portovaya compressor station.

    During maintenance work on the Trent 60 gas compressor unit (GPA No. 24) of the Portovaya compressor station, carried out jointly with representatives of Siemens, an oil leak with an admixture of a sealing compound was detected at the connectors of the terminal connections of the cable lines of the low and intermediate pressure rotor speed sensors.

    Oil has been detected on the cable plug connection of the BPE2 subplate included in the motor.

    Oil was also found in the area of ​​the cable line in the external terminal box of the GPA automatic control system outside the noise and heat insulating casing. The oil leak detection report was also signed by representatives of Siemens.

    Received a Warning from Rostekhnadzor of Russia that the detected faults, damages do not allow for safe trouble-free operation of the gas turbine engine. In this connection, it is necessary to take appropriate measures and suspend further operation of the Trent 60 gas compressor unit in connection with the identified gross violations.

    Similar oil leaks were previously detected at gas compressor units with engines No. 075, No. 076, No. 120, which underwent a factory overhaul and are now in a state of forced downtime. According to information from Siemens, the complete elimination of oil leakage on these engines is possible only in the conditions of a specialized repair shop.

    A letter regarding the identified malfunctions of the Trent 60 unit (No. 24) and the need for their elimination was sent to the President and CEO of Siemens Energy AG, Christian Bruch.

    Until the comments on the operation of the equipment are eliminated, gas transport to the Nord Stream gas pipeline has been completely stopped."

    Here, in Russian:

    Telegram: Contact @gazprom
    Last edited by OhOh; 03-09-2022 at 01:18 PM.

  25. #600
    Thailand Expat OhOh's Avatar
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    Update 1:

    U.S. Bid to Cap Russian Oil Prices Draws Skepticism Over Enforcement

    A NaGatan expert struts around his coup to crow on the subject.

    Assistant Secretary Ben Harris

    @AsstSecEcon 14h

    Ben Harris, Assistant Secretary for Economic Policy at @USTreasury

    Washington, DCtreasury.gov Joined May 2022

    "The global energy trade is a bit more complicated than the local pub. The price cap has twin goals: putting downward pressure on global prices by allowing Russian oil to flow, while denying revenue to Putin's war machine. Let's explore the real way the price cap works:"

    Continues here:

    https://twitter.com/AsstSecEcon/status/1565738230154231808

    His "cunning plan", is shattered by the responders.

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