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re: Latest Updates: Russia-Ukraine Conflict
Posted on 4/11/22 at 9:20 am to TacoNash
Posted on 4/11/22 at 9:20 am to TacoNash
quote:
According to the s&p, Russia has defaulted on its foreign debt
Its a process but yes the interest payment on the current bond was declined.
Read your bond agreement next time Ivan.
1
Posted on 4/11/22 at 9:25 am to Lakeboy7
Latest poll done by one of the biggest medias in Finland puts the pro NATO stance on 68%.
If the government would recommend joining NATO the pro stance jumps to 77%.
Source in Finnish only: https://www.mtvuutiset.fi/artikkeli/mtv-n-kysely-nato-jasenyytta-kannattaa-68-prosenttia-suomalaisista/8400808#gs.x1e0rf
If the government would recommend joining NATO the pro stance jumps to 77%.
Source in Finnish only: https://www.mtvuutiset.fi/artikkeli/mtv-n-kysely-nato-jasenyytta-kannattaa-68-prosenttia-suomalaisista/8400808#gs.x1e0rf
This post was edited on 4/11/22 at 9:26 am
Posted on 4/11/22 at 9:27 am to TacoNash
quote:
If the government would recommend joining NATO the pro stance jumps to 77%.
Its crazy weird but Europeans dont hate their government...
Posted on 4/11/22 at 9:28 am to Lakeboy7
quote:
Its crazy weird but Europeans dont hate their government...
Go talk to some German baws from Bayern
Posted on 4/11/22 at 9:30 am to WDE24
quote:
Putin is not a Western politician. As long as his regime can stay afloat amidst the rising tide of economic distress and battlefield disappointments, he will continue to drive this war relentlessly until he’s achieved a victory or a face-saving ‘exit’ from this quagmire. It doesn’t matter what the cost is to him, his army or to the innocent of Ukraine.
Putin doesn't have the constraints a western politician has, but he does have some. For instance, Russia struggled to meet its recruitment/conscription quotas before Ukraine and reports are it's only gotten worse since. We've seen the poor state of Russian army manpower and it won't be getting better in quantity or quality. That's not to mention the logistics and leadership problems that haven't and won't be solved in the foreseeable future. Putin probably would be willing to keep stacking bodies indefinitely. At some point the troops and new recruits will decide whatever fate awaits them for desertion or draft evasion is better than certain death in Ukraine. Some already have. Even a dictator is subject to factors beyond his control
Posted on 4/11/22 at 9:42 am to Jim Rockford
quote:
For instance, Russia struggled to meet its recruitment/conscription quotas before Ukraine and reports are it's only gotten worse since. We've seen the poor state of Russian army manpower and it won't be getting better in quantity or quality. That's not to mention the logistics and leadership problems that haven't and won't be solved in the foreseeable future. Putin probably would be willing to keep stacking bodies indefinitely.
Russian soldiers seem to be very poorly disciplined. Russian media referring to Ukrainians as nazis definitely justifies the torture of Ukrainian civilians in the minds of a lot of Russians.
Posted on 4/11/22 at 9:43 am to cypher
quote:
Probably referring to their energy exports, which has been bringing in billions of $ per month.
Didn’t they cut off a lot of customers?
Didn’t a lot of customers cut them off?
Posted on 4/11/22 at 9:45 am to Jim Rockford
quote:
oligarchs
I'll see if I can find it (Economist maybe) but the top 50 wealthiest in Russia have seen a 30% drop in their wealth since Feb 24th.
Posted on 4/11/22 at 9:57 am to Lakeboy7
Don't know if anyone has posted this yet, but a good interview with Zelensky on 60 Minutes:
Interview with Zelensky
ETA: They also interview various people from Bucha about what happened.
Interview with Zelensky
ETA: They also interview various people from Bucha about what happened.
This post was edited on 4/11/22 at 9:58 am
Posted on 4/11/22 at 10:01 am to doubleb
quote:
Didn’t they cut off a lot of customers? Didn’t a lot of customers cut them off?
Some but...
Russia expects to earn 798.4 billion roubles ($9.6 billion) in additional revenue from energy sales in April due to high oil prices, the finance ministry said, as Moscow needs cash to finance its obligations while being cut off from its reserves.
Reuters LINK
Posted on 4/11/22 at 10:08 am to StormyMcMan
quote:
Kremlin spokesperson Dmitry Peskov said in a press conference last week that any default would be "artificial" because Russia has the dollars to pay — it just can't access them.
Posted on 4/11/22 at 10:09 am to doubleb
quote:
Didn’t they cut off a lot of customers?
Didn’t a lot of customers cut them off?
Some countries cut off crude oil and refined products imports from Russia. From what I understand they’ve been able to offset those losses with additional exports to China and India, though those countries may be buying the Russian crude at a discount.
Their natural gas exports to Europe are still in place. There’s been a lot of posturing on both sides, but most of Europe can’t afford to cut off the Russian gas supply and the Russians can’t afford to lose the revenue.
Posted on 4/11/22 at 10:12 am to RLDSC FAN
Sanctions doing work.
Russian Railways crashes into default as sanctions hammer Moscow - live updates
Contracts insuring the company’s debt against default will be triggered, and holders will now wait to see how much will be paid.
The move, which is the first time a Russian debt instrument has been officially classified as defaulted since the invasion began, could set a precedent for other companies and even the government.
Scrutiny is growing over whether Russia will default on its sovereign bonds after Moscow made two coupon payments in roubles last week. Both notes have a 30-day grace period.
If Russia defaults, it will be the first time it's happened since the Bolshevik Revolution in 1917.
Article originally published by The Telegraph
Yahoo LINK
Russian Railways crashes into default as sanctions hammer Moscow - live updates
Contracts insuring the company’s debt against default will be triggered, and holders will now wait to see how much will be paid.
The move, which is the first time a Russian debt instrument has been officially classified as defaulted since the invasion began, could set a precedent for other companies and even the government.
Scrutiny is growing over whether Russia will default on its sovereign bonds after Moscow made two coupon payments in roubles last week. Both notes have a 30-day grace period.
If Russia defaults, it will be the first time it's happened since the Bolshevik Revolution in 1917.
Article originally published by The Telegraph
Yahoo LINK
Posted on 4/11/22 at 10:14 am to northshorebamaman
quote:
Kremlin spokesperson Dmitry Peskov said in a press conference last week that any default would be "artificial" because Russia has the dollars to pay — it just can't access them.
That Putin is slicker than snot! Yeah they tried to make their interest payment in muh roubles and the bond agreement says "payable at a bank in NYC in US Dollars".
Posted on 4/11/22 at 10:40 am to notiger1997
Or “neo fascist azov” lol
Posted on 4/11/22 at 11:10 am to cypher
Sanctions are very slow moving. It does seem, however, that sanctions can inflict harm over time, although not enough to cause panic decision making or real-time effects on a battlefield. Hopefully the sanctions can stay in place long enough to cause significant long-term harm to Russia.
Posted on 4/11/22 at 11:44 am to GeauxxxTigers23
quote:
Nice! Good luck. Are you going to the reserve component or active duty?
Reserve
Posted on 4/11/22 at 11:49 am to WeeWee
quote:
Reserve
What branch? I know the Army pays back student loans
Posted on 4/11/22 at 11:49 am to StormyMcMan
quote:
The US blocked Russia's access to dollars to pay it,
I have the same feelings about this as everything else about Russia. F**k ‘em
Posted on 4/11/22 at 12:06 pm to Lakeboy7
quote:
Reserve What branch? I know the Army pays back student loans
Army. They all pay some towards loans. However, I already have a hospital picking up my loans so I’m good there.
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