World Blog by humble servant. Ukraine Chronicles. 361 Biden makes prediction about Russian economy The US president believes sanctions will set Moscow back 15 years of lies base on hope and the boomerang to come with sophomoric bravado.Showing and giving chess masters advantage by talk and non strategy of yesterday. The sanction Work only if you a non producing titty sucker dependent with nothing to offer and a slave waiting for chains. Welcome to the arena. Fiat back by nothing and proof waning confidence of the bigots of trust me.NEVER again we OUT OF HERE. .All cards are turn over who next.You India or is it China. LOL
Biden told the crowd in Washington that his latest round of sanctions would “ratchet up the pain for Putin.” However, while multiple officials in his administration have described sanctions as a method of deterring Putin from pursuing his military goals in Ukraine, Biden himself admitted last month that “sanctions never deter,” but would continue regardless.The truth..Assessing the impact of US and international sanctions on Russia is difficult. While Biden said that his initial sanctions – imposed within days of Russia’s military offensive on Ukraine – would “crater” the Russian economy and its currency, the ruble has since bounced back to its pre-war value and Russia is expected to increase its oil and gas revenue by more than a third this year, according to analysis by Bloomberg.According to German analyst Janis Kluge, this record energy revenue will be enough to cover the impact of Ukraine-related sanctions on the Russian economy and halt inflation. Not all countries have cut off Russia’s supply of imported technologies either, and Moscow will likely turn to other suppliers to make up for the halt in imports, likely China.Russia to see record capital inflow this year – reports Skyrocketing oil prices and falling imports are the main factors, experts say The measure was implemented to support Russia’s national currency, which dropped sharply after a number of Western countries, including the US and most of the EU, placed economic penalties on Moscow over its military operation in Ukraine. The exchange rate on March 25 was around 96 rubles per US dollar and 107 rubles per euro.Russia adjusts gold buying strategy However, the Russian currency has been strengthening over the past two weeks, after Moscow announced a new ruble payment mechanism for exports of natural gas in response to Western sanctions. The currency jumped 20% this week alone, reaching a six-week high against major currencies on Thursday and trading at 75 rubles to the US dollar and 81 to the euro.
By The humble servant. April 04, 2022
Russia’s balance of payments surplus could hit a historic high this year, amounting to $200-$300 billion, business news outlet RBC reported on Monday. Economists polled by RBC have predicted record capital inflows into the country, despite the tightening Western sanctions.Russia to see record capital inflow this year – reports They pointed to major factors behind the inflow, such as the increase in the value of Russian energy exports, and a reduction in merchandise imports to Russia by up to 50%. “The key driver of the Russian balance of payments surplus [hydrocarbon exports] still looks confident,” the Institute of International Finance (IIF) said in its review, seen by RBC. According to a Bloomberg analysis, Russia will get an estimated $321 billion in energy exports revenue in 2022, marking a surge of more than a third compared to last year. That’s despite the huge discounts the country provides. The Russian Ministry of Finance said last week that, on average, Russian Urals oil cost over $89 per barrel in March, which is a 40% rise year-on-year. The IIF said that the number of oil tankers moored in Russian ports awaiting departure is only slightly less than in the same period in previous years. Data by TankerTrackers, a company that tracks the movement of oil tankers around the world, showed that Russia still exports about three million barrels per day of oil by sea, and those deliveries are quite transparent.
Russia to reap huge profits from energy exports — media Estimated revenues from sales of oil & gas to amount to $321 billion
By The humble servant. April 04, 2022
Russia’s energy revenue is expected to skyrocket this year if trading partners continue purchases of oil and gas from the sanction-hit country. Russia will get an estimated $321 billion in energy exports in 2022, marking a surge of more than a third compared to last year, according to a Bloomberg analysis published Friday.Russia to reap huge profits from energy exports — media “The single biggest driver of Russia’s current account surplus continues to look solid,” Bloomberg quoted economists at the Institute of International Finance (IFF), as saying in a report. “With current sanctions in place, substantial inflows of hard currency into Russia look set to continue.” The IFF analysts highlighted that a potential energy embargo by the EU, the UK, and the US would lead to an inevitable decline in output of more than 20% and could cost Russia as much as $300 billion in export receipts, depending on price swings. The country is also on track for a record current-account surplus that experts say may reach as high as $240 billion. Russia will see record gas earnings this year – expertREAD MORE: Russia will see record gas earnings this year – expert Russia is the world’s largest natural gas exporter and third largest oil exporter. Some countries, including the US and the UK, have placed a ban on imports of Russian energy as part of sanctions over the conflict in Ukraine. However, the EU has refused to do so, while the US and Britain continue to buy Russian oil and gas. Global crude prices have surged over 30% so far this year, with prices pushed beyond $100 per barrel on concerns over supply shortages from Russia at a time of high global demand. Gas prices have also hit multi-year highs. In March, Russian President Vladimir Putin said that Russia will only accept payment for energy exports in rubles from countries deemed “unfriendly” by the Kremlin due to their sanctions policies.President Joe Biden boasted on Wednesday that US sanctions on Russia will undo the country’s economic gains over the last 15 years and “stifle” the Moscow for years to come. Really? Lies and evil impostion.Now the consequece of the HATE
By The humble servant. April 04, 2022
Russia’s balance of payments surplus could hit a historic high this year, amounting to $200-$300 billion, business news outlet RBC reported on Monday. Economists polled by RBC have predicted record capital inflows into the country, despite the tightening Western sanctions.Russia to see record capital inflow this year – reports They pointed to major factors behind the inflow, such as the increase in the value of Russian energy exports, and a reduction in merchandise imports to Russia by up to 50%. “The key driver of the Russian balance of payments surplus [hydrocarbon exports] still looks confident,” the Institute of International Finance (IIF) said in its review, seen by RBC. According to a Bloomberg analysis, Russia will get an estimated $321 billion in energy exports revenue in 2022, marking a surge of more than a third compared to last year. That’s despite the huge discounts the country provides. The Russian Ministry of Finance said last week that, on average, Russian Urals oil cost over $89 per barrel in March, which is a 40% rise year-on-year. The IIF said that the number of oil tankers moored in Russian ports awaiting departure is only slightly less than in the same period in previous years. Data by TankerTrackers, a company that tracks the movement of oil tankers around the world, showed that Russia still exports about three million barrels per day of oil by sea, and those deliveries are quite transparent.
Russia to reap huge profits from energy exports — media Estimated revenues from sales of oil & gas to amount to $321 billion
By The humble servant. April 04, 2022
Russia’s energy revenue is expected to skyrocket this year if trading partners continue purchases of oil and gas from the sanction-hit country. Russia will get an estimated $321 billion in energy exports in 2022, marking a surge of more than a third compared to last year, according to a Bloomberg analysis published Friday.Russia to reap huge profits from energy exports — media “The single biggest driver of Russia’s current account surplus continues to look solid,” Bloomberg quoted economists at the Institute of International Finance (IFF), as saying in a report. “With current sanctions in place, substantial inflows of hard currency into Russia look set to continue.” The IFF analysts highlighted that a potential energy embargo by the EU, the UK, and the US would lead to an inevitable decline in output of more than 20% and could cost Russia as much as $300 billion in export receipts, depending on price swings. The country is also on track for a record current-account surplus that experts say may reach as high as $240 billion. Russia will see record gas earnings this year – expertREAD MORE: Russia will see record gas earnings this year – expert Russia is the world’s largest natural gas exporter and third largest oil exporter. Some countries, including the US and the UK, have placed a ban on imports of Russian energy as part of sanctions over the conflict in Ukraine. However, the EU has refused to do so, while the US and Britain continue to buy Russian oil and gas. Global crude prices have surged over 30% so far this year, with prices pushed beyond $100 per barrel on concerns over supply shortages from Russia at a time of high global demand. Gas prices have also hit multi-year highs. In March, Russian President Vladimir Putin said that Russia will only accept payment for energy exports in rubles from countries deemed “unfriendly” by the Kremlin due to their sanctions policies.President Joe Biden boasted on Wednesday that US sanctions on Russia will undo the country’s economic gains over the last 15 years and “stifle” the Moscow for years to come. Really? Lies and evil impostion.Now the consequece of the HATE
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