[Politics] Russia invades Ukraine (24/02/2022)

[Mackenzie]

'I want the war to end and for us to win' - Russian hopes for 2025

People in Moscow speak to BBC Russia Editor Steve Rosenberg about their wishes for the New Year.

www.bbc.co.uk

 

[A1X]

Leaked military documents reveal Russia planned attacks on Japan and South Korea, as early as 2013-14:

But the back story here may be that this leak has happened now.....

I’m not remotely surprised these plans exist. Indeed I would expect all nations to have plans of a similar nature (NATO absolutely will have one of how to wage war in Russia, for example). The leak is the interesting thing here, and will be poured over extensively in Washington, London and so on.

 

[Eric the meek]

This is weird.

There is considerable volatility, but the trading seems to be rangebound between 108.5 and 113.75.
I wonder if the central bank is doing a few dry runs in preparation for taking the brakes off tomorrow?

USD/RUB Currency Exchange Rate & News - Google Finance

Get the latest United States Dollar to Russian Ruble (USD / RUB) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

www.google.com

 

[essbee1]

This is weird.

There is considerable volatility, but the trading seems to be rangebound between 108.5 and 113.75.
I wonder if the central bank is doing a few dry runs in preparation for taking the brakes off tomorrow?

USD/RUB Currency Exchange Rate & News - Google Finance

Get the latest United States Dollar to Russian Ruble (USD / RUB) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

www.google.com

I was just looking at this myself Eric. I'm no economist, but something's going on here.

 

[Eric the meek]

I was just looking at this myself Eric. I'm no economist, but something's going on here.

Neither am I. I don't even know if the market is open tomorrow, and if it is, whether the suspension is to be lifted !

Perhaps there will be a Youtube from someone on it.

 

[Hastings gull]

I’m not remotely surprised these plans exist. Indeed I would expect all nations to have plans of a similar nature (NATO absolutely will have one of how to wage war in Russia, for example). The leak is the interesting thing here, and will be poured over extensively in Washington, London and so on.

NATo is and always was a defensive alliance and for good measure during the Cold War the West german Army was forbidden to have maps of east germany as that would not be defensive. However, if the Russians had attacked and then been driven back, then that would have been an interesting scenario. But the idea, that you seem to be suggesting, that NATO had plans to invade the east Block countries is probably not true.

 

[GT49er]

NATo is and always was a defensive alliance and for good measure during the Cold War the West german Army was forbidden to have maps of east germany as that would not be defensive. However, if the Russians had attacked and then been driven back, then that would have been an interesting scenario. But the idea, that you seem to be suggesting, that NATO had plans to invade the east Block countries is probably not true.

Semantics - of course they won't have plans "to invade Russia" in the way that Russia invaded Ukraine - but I'm damn sure they'll have detailed plans for action against Russia should they invade a NATO country; whether that would involve putting troops on the ground, or razing Moscow or St. Petersburg to the ground I've no idea, but no doubt they have plans ready for every eventuality.

 

[Hastings gull]

Semantics - of course they won't have plans "to invade Russia" in the way that Russia invaded Ukraine - but I'm damn sure they'll have detailed plans for action against Russia should they invade a NATO country; whether that would involve putting troops on the ground, or razing Moscow or St. Petersburg to the ground I've no idea, but no doubt they have plans ready for every eventuality.

Undoubtedly some form of retaliation will have been rehearsed such as blitzing Moscow, as you suggest, but I was responding to a poster who intimated that NATO had plans to invade Russia as the Russians have done in Ukraine.

 

[Binney on acid]

Semantics - of course they won't have plans "to invade Russia" in the way that Russia invaded Ukraine - but I'm damn sure they'll have detailed plans for action against Russia should they invade a NATO country; whether that would involve putting troops on the ground, or razing Moscow or St. Petersburg to the ground I've no idea, but no doubt they have plans ready for every eventuality.

Let's hope it's sooner, rather than later. You have to be in a position of strength, in order to negotiate with a deranged genocidal psychopath. Slava Ukraini !

 

[Triggaaar]

Semantics - of course they won't have plans "to invade Russia" in the way that Russia invaded Ukraine - but I'm damn sure they'll have detailed plans for action against Russia should they invade a NATO country; whether that would involve putting troops on the ground, or razing Moscow or St. Petersburg to the ground I've no idea, but no doubt they have plans ready for every eventuality.

You say semantics, but there's a huge difference between a plan in the event that you're attacked, and a plan to attack. I'm not convinced Russia's plans were to prepare for an attack from Japan or South Korea.

 

[A1X]

Apologies if fixtures

 

[Eric the meek]

They've bought enough rubles to move the price from 113.75 to 105.5 to the USD.

They are either spaffing their reserves like there's no tomorrow, or they are printing new rubles.

Anyone got any info on numbers?

USD/RUB Currency Exchange Rate & News - Google Finance

Get the latest United States Dollar to Russian Ruble (USD / RUB) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

www.google.com

 

[Triggaaar]

They've bought enough rubles to move the price from 113.75 to 105.5 to the USD.

They are either spaffing their reserves like there's no tomorrow, or they are printing new rubles.

Printing new rubles would make it devalue

 

[Whoislloydy]

How has it been almost three years?!

 

[essbee1]

They've bought enough rubles to move the price from 113.75 to 105.5 to the USD.

They are either spaffing their reserves like there's no tomorrow, or they are printing new rubles.

Anyone got any info on numbers?

USD/RUB Currency Exchange Rate & News - Google Finance

Get the latest United States Dollar to Russian Ruble (USD / RUB) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

www.google.com

I'm going for "a last desperate attempt to shore up the rouble before it crashes" scenario. I hope I'm right.

 

[essbee1]

I'm going for "a last desperate attempt to shore up the rouble before it crashes" scenario. I hope I'm right.

sorry "ruble".

 

[Eric the meek]

Printing new rubles would make it devalue

Good point. It means that they've still got the reserves to fund this. For the moment.

I would love to know how much they have left and how much it costs them each day. I guess it also depends on the extent the ruble spirals off towards infinity.

Edit: we're back up to 112....

 

[aftershavedave]

They've bought enough rubles to move the price from 113.75 to 105.5 to the USD.

They are either spaffing their reserves like there's no tomorrow, or they are printing new rubles.

Anyone got any info on numbers?

USD/RUB Currency Exchange Rate & News - Google Finance

Get the latest United States Dollar to Russian Ruble (USD / RUB) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.

www.google.com

They are doing the former, the latter doesn't work

 

[Eric the meek]

Bugger.

Bank holidays in Russia (not sure if this means no ruble trading)

Public Holidays in Russia | Bank of Russia

 

[A1X]