Got something to say or just want fewer pesky ads? Join us... 😊
[Politics] Russia invades Ukraine (24/02/2022)
- Thread starter vegster
- Start date
- Aug 24, 2020
- 7,139
Perhaps we should look for signs.
There have been 1.7 million views of the 'Ruble is collapsing' tweet. Is this enough to cause a run on banks?
Then there are the usual bots in the replies, which seem to be saying 'move along - nothing to see here'.
Then there is the gap between presumably no official information and the reality of queues outside banks....
I wouldn't be so sure that this isn't what we have all been hoping for.
There have been 1.7 million views of the 'Ruble is collapsing' tweet. Is this enough to cause a run on banks?
Then there are the usual bots in the replies, which seem to be saying 'move along - nothing to see here'.
Then there is the gap between presumably no official information and the reality of queues outside banks....
I wouldn't be so sure that this isn't what we have all been hoping for.
Probably wishful thinking ........................................ but there's always hope!
- Nov 11, 2009
- 12,281
Ive read that today Alfa bank, RosBank and Gazprombank were all down and nobody could log in or move any money.
Could be the authorities trying to ensure no run on banks?, could it also be something like a US or Ukrainian DDOS attack on their banks to try and start a public panic run?
Still, it wont be that significant today, but this post today of Myhailo Podolyak (one of Zelenskys key advisors) is pretty encouraging as Podolyak is always pretty straight talking and candid about big picture stuff, both successes and struggles.
Think it was by the enforcer on YouTube check it out posted about three hours ago
- Aug 24, 2020
- 7,139
I've seen it. Big banks shutting their websites to customers, to preserve liquidity. One quoted $1 to 200 Rubles. Ignore the official rate of $1 to 87 Rubles.
We will see what tomorrow brings, but it's bloody good pre-match entertainment before the Euros start.
That was an interesting read.
I noticed his saying that Hungary has decided NOT to block NATO's aid to Ukraine. So, I'm assuming that Hungary has said they don't support it but won't block it
.Interesting articles. The US may have been very slow with the latest package of weaponry, but they are being more detailed and targeted on sanctions now.
The exchange can no longer trade in dollars and Euros. Not sure if this means it is now obliged to trade in rubles.
US widens Russia sanctions in banking crackdown
The US broadens Russia sanctions, including a fresh crackdown on banks and tech.www.bbc.co.uk
fly high
Well-known member
G7 agrees $50bn loan for Ukraine from frozen Russian assets
The funds will help Ukraine to fight invading Russian forces, a move Moscow condemns.
www.bbc.com
I know Trump can always revoke this treaty but hopefully ties US in for next 10 years
Yes, I think it's the best they could do.G7 agrees $50bn loan for Ukraine from frozen Russian assets
The funds will help Ukraine to fight invading Russian forces, a move Moscow condemns.www.bbc.com
I know Trump can always revoke this treaty but hopefully ties US in for next 10 years
It's interesting to me that this highlights somehow how expensive the weaponry is: $61billion one off for weaponry; $50 billion over a number of years for humanitarian, reconstruction, some weaponry etc.
It's not a criticism at all of what's been done, just an observation.
- Aug 24, 2020
- 7,139
The morning after last night's excitement about the Ruble collapsing, and things are very quiet on Twitter.
To be honest, I'm scratching my head. I don't know what to make of it. It could be that there was no collapse, or it could be Russian smoke and mirrors and a news blackout.
The flatline is yesterday's shutdown. Today it would seem some transactions are making their way through, but no significant movement in the index yet.
One tweeter, claiming to be an ITK finance professional (yes, I know), suggested there would be short-term volatility but in the medium term, they would be OK.
Maybe we shouldn't expect a lot from this, as dollar/euro transactions were not that great in number, Russia having already turned its face towards China and the yuan.
If there's anything worth posting, I'll do it.
To be honest, I'm scratching my head. I don't know what to make of it. It could be that there was no collapse, or it could be Russian smoke and mirrors and a news blackout.
The flatline is yesterday's shutdown. Today it would seem some transactions are making their way through, but no significant movement in the index yet.
One tweeter, claiming to be an ITK finance professional (yes, I know), suggested there would be short-term volatility but in the medium term, they would be OK.
Maybe we shouldn't expect a lot from this, as dollar/euro transactions were not that great in number, Russia having already turned its face towards China and the yuan.
If there's anything worth posting, I'll do it.
- Aug 24, 2020
- 7,139
Back to the real business then:
(For orientation, Morozovsk is in the Rostov oblast, about 150km east of south east Ukraine).
(For orientation, Morozovsk is in the Rostov oblast, about 150km east of south east Ukraine).
Yeah all the numbers are just unthinkably big, aren't they?
Yeah, and let's face it, the weaponry probably won't last for long, and the other aid (especially reconstruction) will be a few drops in the needed ocean.
It's great, but more will be needed.
- Aug 24, 2020
- 7,139
Incoming....
- Aug 24, 2020
- 7,139
Ukraine needs to find out the route those containers are planned to take to get to the front. By rail along the Trans-Siberian railway? Overland by road (is there a road)? By sea around the Arctic? By sea to Iran and the up to the Caspian Sea and then via the Volga and Don?
No doubt the Americans can lend a hand with satellite imagery etc.
Edit: my money is on the railway.
No doubt the Americans can lend a hand with satellite imagery etc.
Edit: my money is on the railway.
- Nov 11, 2009
- 12,281
He probably will, but the treaty as it stands is using frozen Russian funds as collateral for the 50B loan financing and it nearly all resides, bar a few Billion, inside Europe.G7 agrees $50bn loan for Ukraine from frozen Russian assets
The funds will help Ukraine to fight invading Russian forces, a move Moscow condemns.www.bbc.com
I know Trump can always revoke this treaty but hopefully ties US in for next 10 years
- Nov 11, 2009
- 12,281
Very interesting idea and concept from Khordokovsky and Kasparov.
www.politico.eu
A ‘Free Russia’ passport could undermine Putin
Welcoming those who want to break with the Russian leader’s regime would mobilize a key community to help Ukraine to victory.
www.politico.eu