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

[Eric the meek]

This chart plots the rouble against the US$ for the last 3 months. In that period the rouble has devalued by 15%, on the back of at least 2 years of prior substantial devaluations. Marked with the red arrows, you can see how over time, the interventions of the Russian central bank have become progressively less effective at arresting the devaluation.View attachment 192497

That suggests they are very close to the point where they just don’t have enough, or anything, left to prevent further immediate substantial devaluation.

This is excellent.

Thank you for taking the time and trouble to put this together. This is just the kind of thing this thread could do with, as there is obviously a dearth of reliable economic data coming out of Russia. (And if there were, we wouldn't know what to do with it anyway).

 

[St Leonards Seagull]

What a c***. Unfortunately he has bought his way to unwarranted power and influence.

I have a horrible feeling he will make a bid for the presidency once Trump is gone.

 

[GT49er]

I have a horrible feeling he will make a bid for the presidency once Trump is gone.

Yes, that nightmare had occurred to me too.

 

[A1X]

Lewis Goodall (@lewisgoodall.bsky.social)

NEW: President Biden given permission to Ukraine to use long range US missiles inside Russia for the first time. Major change in US policy, two months before Trump takes office. Biden has authorised it in response to North Korean troops being deployed to the frontlines.

bsky.app

 

[Snowflake]

Yes, that nightmare had occurred to me too.

That can’t happen as it stands. Unless they Change the rules.

 

[Eric the meek]

Lewis Goodall (@lewisgoodall.bsky.social)

NEW: President Biden given permission to Ukraine to use long range US missiles inside Russia for the first time. Major change in US policy, two months before Trump takes office. Biden has authorised it in response to North Korean troops being deployed to the frontlines.

bsky.app

What we need now is love sweet love for Russian investors to sell their rubles tomorrow as soon as the market opens, and create an unstoppable crash.

 

[GT49er]

That can’t happen as it stands. Unless they Change the rules.

Change the rules? Yes, just remind me - who is the incoming President of the USA?

You can probably rule out 'can't'............................................

 

[St Leonards Seagull]

Ukraine-Russia war: Kremlin says Biden throwing 'oil on fire' by allowing Ukraine to use US missiles inside Russia

The decision by President Biden will allow Ukraine to fire into Russia using US long-range missiles it's had for more than a year.

www.bbc.co.uk

 

[Eric the meek]

Sometimes, you can look back (with the benefit of hindsight), and conclude that, yes, that was a turning point.

With the passage of time, we may look back at today, a day on which Russia unleashed a brutal multiple missile and drone attack on civilian targets in Ukraine, raising a finger at the prospect of peace talks, and it finally persuaded Biden to do this.

It might be that today was a strategic mistake by Putin.

 

[GT49er]

Ukraine-Russia war: Kremlin says Biden throwing 'oil on fire' by allowing Ukraine to use US missiles inside Russia

The decision by President Biden will allow Ukraine to fire into Russia using US long-range missiles it's had for more than a year.

www.bbc.co.uk

Here we go ...............................

 

[Munchkin]

Sometimes, you can look back (with the benefit of hindsight), and conclude that, yes, that was a turning point.

With the passage of time, we may look back at today, a day on which Russia unleashed a brutal multiple missile and drone attack on civilian targets in Ukraine, raising a finger at the prospect of peace talks, and it finally persuaded Biden to do this.

It might be that today was a strategic mistake by Putin.

Or the day that triggered WW3. Scary times.

 

[raymondo]

Lewis Goodall (@lewisgoodall.bsky.social)

NEW: President Biden given permission to Ukraine to use long range US missiles inside Russia for the first time. Major change in US policy, two months before Trump takes office. Biden has authorised it in response to North Korean troops being deployed to the frontlines.

bsky.app

Brilliant news.

 

[Eric the meek]

Or the day that triggered WW3. Scary times.

If so, that would also be a strategic mistake by Putin.

 

[Half Time Pies]

I have a horrible feeling he will make a bid for the presidency once Trump is gone.

Question is will him and trump last a whole term without falling out with each other! Both huge egos and both tend to hold a grudge!

 

[A1X]

Or the day that triggered WW3. Scary times.

I’m pretty certain the Biden administration wouldn’t have green-lit it without knowing exactly how Moscow will react. I’ve heard of leaving a scorched earth policy for an incoming administration but not that literally.

 

[essbee1]

Here we go ...............................

Bring it f***** on.

 

[GT49er]

Question is will him and trump last a whole term without falling out with each other! Both huge egos and both tend to hold a grudge!

They will hold on to power even tighter, I fear.

 

[raymondo]

Sometimes, you can look back (with the benefit of hindsight), and conclude that, yes, that was a turning point.

With the passage of time, we may look back at today, a day on which Russia unleashed a brutal multiple missile and drone attack on civilian targets in Ukraine, raising a finger at the prospect of peace talks, and it finally persuaded Biden to do this.

It might be that today was a strategic mistake by Putin.

Could well be because of the combination of the incessant and deadly missile and drone strikes, as well as the N Koreans. At least now Ukraine has a chance to hit training and other military camps in Kursk - hopefully substantially denting morale and effectiveness of the Russian counterattacks.
I wonder who gets involved in the discussions with Biden . Is it likely he involves/ informs Trump increasingly as Jan 20th approaches. I have little idea how the US handover works in practice.

 

[peterward]

ATACMS with 300km range and our very own Storm Shadow/French Scalp with 560km range, able to strike Moscow and already approved.

Let Muscovites feel the reality of the fascist genocide they've been cheerleading

Its Storm Shadow time...........

 

[seagullwedgee]

I’m convinced Biden would not have done this had Kamala Harris won the presidential election for the Democrats.