BlueAnorak
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Russian invasion of Ukraine
- Thread starter feedmpenzaandhewillscore
- Start date
jim tolmies perm
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- 1 Aug 2007
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That guy is on some seriously good gearThe deputy head of the Russian Security Council Dmitry Medvedev stated that Russia will always fight against Ukraine and that they will find a reason to attack either in 10 or 50 years.
“Ukraine's existence is mortally dangerous for Ukrainians. I am referring not only to the current state, the Bandera political regime. I'm talking about absolutely any type of Ukraine.
Why? The existence of an independent country on the historical Russian territories will now be a constant reason for the resumption of hostilities,” he said.
Medvedev also believes that "no matter how much Ukrainians wish death upon Russians now” and "no matter how much they hate the Russian leadership”, will one day allegedly choose not to eternally fight and perish, but live in a "great common state".
Scottyboi
Well-Known Member
That guy is on some seriously good gear
Shame it isn't fentanyl.
ultimateharold
Well-Known Member
Hopefully Orban is getting stopped
BlueAnorak
Well-Known Member
- Joined
- 31 Oct 2010
- Messages
- 27,972
Hopefully Orban is getting stopped
Good. They need to be kicked out.
Slovakia can join them if they want.
Last edited:
The Oil Refinery that was hit last night,in St Petersburg is 853km from the closest border of Ukraine.
From launch site in Ukraine,the drones travelled 1250km.
Russia as always,denying it was hit.
100% multiple hits.
Slava Ukraini.
From launch site in Ukraine,the drones travelled 1250km.
Russia as always,denying it was hit.
100% multiple hits.
Slava Ukraini.
Last edited:
Scottyboi
Well-Known Member
Substation on fire in Belgorod.
cleavers
Moderator
Unlikely, as they have NATO forces within the country, until recently UK had some at Sliac airport, I don't know if they're still there at the moment.Slovakia can join them if they want.
Scottyboi
Well-Known Member
From "The Analyst":
RUSSIA DRAINS ITS FINANCIAL RESERVES
Russia has significantly depleted its reserves during two years of war, particularly in the National Welfare Fund, an accumulation of oil and gas budget windfalls. Over the 2022-2023 period, the available funds in the National Welfare Fund fell 50%, with the Ministry of Finance utilising $57.6 billion out of the initial $113.5 billion to address the budget deficit, in the past year, which stood at 3.2 trillion rubles last year and 3.3 trillion the previous year.
As of January 1, the fund, initially intended for co-financing pensions but stolen by the government to fill budgetary gaps caused by the war, held only $55.9 billion in available cash. Although the Ministry of Finance estimated the total volume of the National Welfare Fund at $133.4 billion, nearly two-thirds of this amount has already been allocated to save state banks, invest in shares of state-owned companies, and fund state projects. According to Oxford Economics economists this effectively means that a significant portion of this money ‘no longer exists,’ with only liquid assets like yuan and gold considered actual reserves for unforeseen circumstances.
That means that other than Russian gold they would have to sell in the international market to raise cash (a sanctioned practice), they have only non-convertible Chinese Yuan, meaning, to China’s inevitable amusement, only they have what Russia wants and can buy and the war continues to aid the Chinese economy.
In ruble terms, these reserves have contracted by 40% over two years, amounting to 5 trillion rubles. Bloomberg Economics economist Alexander Isakov warns that if oil prices drop to $50 a barrel, this reserve will only last for one or two years, rendering Russia highly vulnerable to economic shocks.
Russian banks have started to face bigger problems abroad. Turkish banks and other nations institutions that previously happily traded with Russian banks have now started to shut off that access, because of increased secondary banking sanctions applied by the US. They simply can’t risk being cut off from the dollar or being sanctioned. Getting off the sanctioned list once on it is a nightmare and can take years.
RUSSIA DRAINS ITS FINANCIAL RESERVES
Russia has significantly depleted its reserves during two years of war, particularly in the National Welfare Fund, an accumulation of oil and gas budget windfalls. Over the 2022-2023 period, the available funds in the National Welfare Fund fell 50%, with the Ministry of Finance utilising $57.6 billion out of the initial $113.5 billion to address the budget deficit, in the past year, which stood at 3.2 trillion rubles last year and 3.3 trillion the previous year.
As of January 1, the fund, initially intended for co-financing pensions but stolen by the government to fill budgetary gaps caused by the war, held only $55.9 billion in available cash. Although the Ministry of Finance estimated the total volume of the National Welfare Fund at $133.4 billion, nearly two-thirds of this amount has already been allocated to save state banks, invest in shares of state-owned companies, and fund state projects. According to Oxford Economics economists this effectively means that a significant portion of this money ‘no longer exists,’ with only liquid assets like yuan and gold considered actual reserves for unforeseen circumstances.
That means that other than Russian gold they would have to sell in the international market to raise cash (a sanctioned practice), they have only non-convertible Chinese Yuan, meaning, to China’s inevitable amusement, only they have what Russia wants and can buy and the war continues to aid the Chinese economy.
In ruble terms, these reserves have contracted by 40% over two years, amounting to 5 trillion rubles. Bloomberg Economics economist Alexander Isakov warns that if oil prices drop to $50 a barrel, this reserve will only last for one or two years, rendering Russia highly vulnerable to economic shocks.
Russian banks have started to face bigger problems abroad. Turkish banks and other nations institutions that previously happily traded with Russian banks have now started to shut off that access, because of increased secondary banking sanctions applied by the US. They simply can’t risk being cut off from the dollar or being sanctioned. Getting off the sanctioned list once on it is a nightmare and can take years.