Russian Ruble Falls To Another Record Low Against Dollar

Today, 3 men gunned down , pic. from Smolensk (which was the richest city in GDL and whole Europe)...

 

Lit thinks weakening global currencies is a good thing. I guess he hasn't looked at the markets since FOMC minutes came out this afternoon. He doesn't seem to understand that they are fighting another depression with manufactured inflationary policies with everything they have.


"FOMC Talks Down Dollar, Fears Growth Slowdown, "Considerable Time" Misunderstood

With the S&P down over 3% from September's FOMC statement, the market needed some 'good' news from the Fed minutes to save the 'wealth' that has been created...
•*FED OFFICIALS SAW GLOBAL SLOWDOWN AMONG RISKS TO U.S. OUTLOOK (growth)

•*FOMC SAID SOME DEVELOPMENTS COULD UNDERMINE FINANCIAL STABILITY (bubbles)

•*FED SAW RISING DOLLAR AS RISK TO EXPORTS, GROWTH, MINUTES SHOW (jawbone USD)


So The Fed fears bubbles, fears growth slowing down, and appears to be talking down the dollar. In other word, dovish minutes confirming the dovish statement was indeed dovish."

 

Thousands of villages in Russia become empty. If you look at the majority of villages especially small in them (roughly) there live about 40% of people, 30% pensioners and 5 - 10% young families. 60% of the house not inhabited some tens years. City dwellers use only in their summer - when process the earth on a site where there is this house. People go to the cities or other places... (but some villages very well develop...) twenty years ago all earth round these villages was empty, grew with a tall weeds. Well it or is bad that villages empty is a big other question... but if to look globally - by data for the beginning of 2010, Russia is on the 3rd place in the world on export grain (after the USA and the European Union) and on the 4th place in the world on wheat export (after the USA, the European Union and Canada.
Now, the people also don't hurry to go to the country, but most fields are plowed, the earth is processed.People run to big city make money and have a better life...and Lithuanian run from country to Europe - i no see big deferent . Different only - on place like Lithuanian after 60- 70 years , no country anymore (maybe became part of Polish - because Since 1992 there is a depopulation of the country caused by a negative natural increase and mass emigration.
But Russia will still stand were it is .

 

Russia 's central bank spent as much as $1.75 billion to prop up the ruble over the last two trading days, its biggest market intervention since President Vladimir Putin 's incursion into Ukraine in March.

from bloomberg.com
-------

that's good

 

much like Sweden and many other countries, but we can not see here that much marginalized human beings?

USSR statistic was way batter so what? 1991...

 

The hryvnia fell in your country twice, but for the Ukrainian ''patriot'' - it is good when in Russia all is bad. ''Who didn't jump he Moscvill !''
The country dies - but the main thing before completely dying it is necessary to shout - ''Who didn't jump he Moscvill !''

 

The final nail in the US quest for hegemony agenda will be the failure of the TPP. They have been trying to sucker people into this deal now for 4 years.
When the US cant print reserve currency to pay for those 120 global military bases then maybe they will quit bombing other countries and bring our people home.
"The four-year-old TPP talks, now involving 12 nations, are aimed at establishing a free-trade bloc that would encompass 800 million people, about a third of world trade and nearly 40 per cent of the global economy.

“We’re organising trade relations with countries other than China so that China starts feeling more pressure about meeting basic international standards,” Obama said referring to the TPP in a presidential debate in 2012.

Apart from the US and Japan, the TPP negotiations also involve Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam.

Washington’s support for the Trans-Pacific Partnership (TPP) is seen aligned with its “pivot to Asia” strategy.

A major point of scepticism, some analysts say, is that the TPP appears to have a political agenda which the US has not yet made clear.

Some countries are troubled that the TPP could be used to rebalance Asia against China’s rising influence.

China has instead been backing the Regional Comprehensive Economic Partnership (RCEP) negotiations which would include all 10 ASEAN member states and the six FTA partners, namely China, Japan, South Korea, India, New Zealand and Australia, at the initial stage.

Meanwhile, Chinese officials said in May this year that Beijing has proposed studying the feasibility of a mammoth free-trade agreement in the Asia-Pacific region in addition to the contesting FTA’s, the US-led TPP and the China-led RCEP.

“We made a proposal to establish a working group to study the feasibility of a Free Trade Area of the Asia Pacific, and we have received responses from many members of the Asia-Pacific Economic Cooperation forum,” said Wang Shouwen, assistant Commerce Minister."

 

its funny to analyze Kremlin paid trolling. where a domestic pigs represent Ukrainian nation. the pigs in our region are inductor of wealth and wellbeing in general, i know that in your country even during the soviet times russki peasants have not had bigs or any other big domestic animals, one word ex- slaves, when you did your czar bun slavery in 18 63? and represents rushka today, dead rat or cheap vodka?

>>>MOD EDIT Rule 1 Violation Removed<<<

 

Lit hasn't figured out that Russia is sanctioned and isn't using USD to trade with and don't give a rats behind what its float against the dollar is. Trade is up in Russia with out using the dollar.
http://thebricspost.com/china-russia-finalise-plans-for-gas-pipeline/#.VDbSvzbD_IU

http://thebricspost.com/vietnam-to-join-moscow-led-customs-union-bloc-reports/#.VDbS6DbD_IU

http://thebricspost.com/putin-abe-meet-likely-during-apec-summit/#.VDbTDTbD_IU

http://thebricspost.com/indian-pm-backs-russia-china-ahead-of-us-trip/#.VDbTNzbD_IU

Its a currency swap transformation. Of course it is weaker against the dollar but they aren't using dollars Remember?

 

Hey lit haven't you figured out I cant see you r posts yet. Dude you're on my ignore list.
Like fish in a barrel you are.
Heres another one for you.
http://en.ria.ru/politics/20141009/...ns-Law-on-Eurasian-Economic-Union-Treaty.html

 

Opps here they go again.

China plans to sign about 50 agreements with Russia

BEIJING, October 9. /TASS/. Prime Minister of Chinese State Council Li Keqiang will visit Russia on October 12-14.

The two countries plan to sign around 50 inter-governmental, inter-departmental and corporate documents on different aspects of bilateral cooperation, Chinese Deputy Foreign Minister Cheng Guoping said.

&#8220;This will be his first visit to Moscow as the prime minister of Chinese State Council. We hope that this visit will promote stronger political trust, higher mutual support between Russia and China in the field of sovereignty and territorial integrity,&#8221; Cheng Guoping said. China also plans &#8220;to build up practical cooperation with Russia in aviation and space, energy, high-speed railways, finance, innovations and projects for infrastructure development,&#8221; he added. Beijing will &#8220;develop humanitarian exchanges, particularly during the Year of Youth Exchanges between Russia and China, as well as joint preparation for celebrations on the occasion of the 70th anniversary of the Victory in World War II in 2015.&#8221; &#8220;China intends to expand cooperation with Russia in international issues,&#8221; the country&#8217;s deputy foreign minister added.

During the visit, Li Keqiang will focus on developing energy cooperation with Russia, Cheng Guoping said. &#8220;Gas cooperation is an important aspect of Russian-Chinese energy cooperation. Russia and Chinese energy agencies are working closely on creating &#8216;a western route&#8217; (for Russian gas supplies to China). We hope to reach progress in this issue this year,&#8221; the Chinese high-ranking diplomat noted.

 

Yep. Litwin might want to take a tour of American urban centers sometime, though he'll have to be careful about which neighborhoods he visits

- - - Updated - - -

A cool thing about China and Russia - they're natural partners in just about every way. China has the manpower, Russia has the natural resources. And there they are, two rather powerful, large nations situated right next to one another..

 

you talk about ghettos where live frustrated and marginalized minorities, right, ? where (except Caucasus) do Moscovites live in such ghettos ?

 

Perennial victims who consider themselves oppressed minorities, yes, for the most part. It's easier & more protective of the ego to do that than take personal responsibility, admit one's own mistakes and make something of oneself.

I can't comment on the demographics and conditions in Moscow, though. I can only point out that you can find miserably poor people living in squalor even in the "greatest nation of earth," the USA. You can find wealth and poverty everywhere and choose to create a slanted, dishonest portrayal of a place accordingly.

 

100% I agree. Also in any country (not important poor or rich) all depend from people in what conditions they live. It is possible to live in the rich country but to contain the housing as a pigsty. And it is possible to live and in poor country with small earnings , but to turn the housing in small manor and to create a pretty inside too.
search hoarders for example...https://www.google.co.nz/search?q=hoarders&hl=en-NZ&gbv=2&prmd=ivns&source=lnms&tbm=isch&sa=X&ei=7Og0VPTkAovZ8gWbwYLoDQ&ved=0CAUQ_AU

It is the house in Russia for example too

https://www.google.co.nz/search?q=%D1%80%D1%83%D1%81%D1%81%D0%BA%D0%B8%D0%B5+%D1%80%D0%B5%D0%B7%D0%BD%D1%8B%D0%B5+%D0%B4%D0%BE%D0%BC%D0%B0&hl=en-NZ&gbv=2&tbm=isch&oq=%D1%80%D1%83%D1%81%D1%81%D0%BA%D0%B8%D0%B5+%D1%80%D0%B5%D0%B7%D0%BD%D1%8B%D0%B5+%D0%B4%D0%BE%D0%BC%D0%B0&gs_l=img.3...1703196.1720526.0.1720968.25.24.0.0.0.0.0.0..0.0.msedrc...0...1ac.1.34.img..25.0.0.3EpJ10yEFOs

 

A lower Ruble will make Russian Goods more attractive to other countries. Japan and China have been intentionally devaluing their currencies for this reason.

 

Right...Too bad Russia does not make any goods, certainly nothing even remotely competitive on the world market. They sell their natural resources and import everything else.

 

What about those Dolls that go one inside the other ?

 

They still make those

 

Them Dolls just got cheaper !

 

If you don't know, it doesn't mean that Russia makes nothing search in google or look my previous posts
ps; whats your nationality ? i some times like give you some sh***t too

 

If you want to buy a gift from Russia for the American -my recommend buy Gzhel. To you and your friends they will be pleasant





link - http://www.efarfor.ru/
or google link https://www.google.co.nz/search?q=%D1%80%D1%83%D1%81%D1%81%D0%BA%D0%B8%D0%B9+%D1%84%D0%BE%D1%80%D1%84%D0%BE%D1%80&hl=en-NZ&gbv=2&prmd=ivns&source=lnms&tbm=isch&sa=X&ei=L6Q3VKnqMIz98QWwsYDIBw&ved=0CAUQ_AU

 

Let's try it mathematically/economically:
A lower exchange rate for own currency usually leeds to two effects:
- growing attractivityof exported goods/lowening attractivity of imports
- worse terms of trade (more own goods are needed to buy same quantity of foreign goods)

In relation to Russia these two effects have to be modified a little:
- Main Export good natural gas has a world market price and is traded in US$ or EU. So ruble rate has no effect either to quantity nor earning of the export. Only effect ist, that the internal profit of the firms increases.
- Main import goods seem to be food, which can't be replaced by own production. Never the less whether they buy it in the EU or elsewhere, they will have to pay more (in rubles).

So the effect of more attractive export, less atractive import won't work like f.e. in Japan or China, because the main export good is traded in US$/EUR and the main import goods can't be replaced by own production (which ist the main prerequisite for the positive effects of currency devaluation).
The internal effect is, that the exporters earn more (gas-firms, but they need it to compensate smaller quantities of export) and the importers (people who consume food) have to pay more ...

The other effect of every inflation -and at least it is nothing else - that the possessors of "Hardware", Gold, foreign currency, own currency debt and industrial capital and the state win in their position and the workers, old-age-pensionists and holders of own currency values loose on the long term. We had this already twice in Germany.

 

It seems simple people of Europe starts understanding slowly that their governors manipulate them. That they live near Russia and they are need each other. That only together with Russia rich with natural resources, will be able to raise further euro, and Russians of course to increase the ruble.( ...of course and to politician situation by whom started in Ukraine all mess)

Italy: an action of the Spanish musicians of "Banda Bassotti" against fascism in Ukraine. Under the anthem USSR! I am delighted. (by the way Italians probably don't know that Russians know much about culture of Italy. Adriano Celentano in general super too )
[video=youtube_share;r4XvzVqq3_M]http://youtu.be/r4XvzVqq3_M[/video]

Spain: The Spanish students fought back the Ukrainian neo-Nazis in Madrid
BRAVO
[video=youtube_share;jPpGlQH7xHM]http://youtu.be/jPpGlQH7xHM[/video]

The Czech Republic Sympathizing the Ukrainian ardent nationalists in Prague passed through a shame corridor
[video=youtube_share;timieRRFs0E]http://youtu.be/timieRRFs0E[/video]

Also it more important then Ukraine ...

The South Stream gas pipeline will be laid through the Black Sea from the Russian city of Anapa to the Bulgarian city of Varna, and then will pass to the Austrian gas hub in Baumgarten.

The sea site of the gas pipeline will build South Stream Transport which shareholders is the consortium of the international companies: "Gazprom" (50%), the Italian Eni - 20%, the German Wintershall Holding and the French EDF – on 15%.

 

Russia doesn't own the Arctic no matter how many times they claim to.