wayneL
VIVA LA LIBERTAD, CARAJO!
- Joined
- 9 July 2004
- Posts
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Petrol is already $199.99 around the corner from me.Interest rates affect our market.
What is unleaded now, heading towards $2/litre?
And a shop at the supermarket, that's going up now.
So..inflation, and pressure to tighten monetary policy.
Yes, the leader of Belarus is a pro Russian dictator.
He is the guy that had his fighter jets intercept a civilian commercial airliner that was passing over Belarus, so that he could arrest a journalist that was on board who had written negative articles about him.
Yes they are targeting Belarus.Thanks VC. Explains their push into Ukraine via the north. But this does beg the question whether the international community is also putting in place sanctions against Belarus?
$199.99....that spiked quicklyPetrol is already $199.99 around the corner from me.
Politics isn't my best subject, but I've struggled to fully understand :
how the enemy/aggressors that started WW1 and WW11 (Germany, Japan)
have become mates and allies of the West (USA/UK/Aust)
while, Russia that fought against Germany has since become the enemy???
That it's OK for the USA to meddle, invade/come to the aid of/bomb at least 26 different countries since WW11;
China, Korea, Guatemala, Indonesia, Cuba, Belgian Congo, Dominican Republic, Peru, Laos, Vietnam, Cambodia, Lebanon, Grenada, Libya, El Salvador, Iran, Panama, Iraq, Kuwait, Somalia, Bosnia, Sudan, Afghanistan, Yugoslavia.
<<https://www.thelondoneconomic.com/n...-the-us-has-bombed-since-world-war-ii-172786/>>
and Involving Australia in some of these Korea, Vietnam, Iraq, Kuwait, Somalia, Afghanistan.
But it's NOT OK for Russia to invade/annex/regain Ukraine without US approval.
Crazy isn't it!!!
I'd venture an uneducated guess that a significant part of of the US economy comes from its global peace keeping missions: AKA wars.
and not surprisingly: according to the World Economic Forum.
The U.S. Department of Defense has been named the largest employer in the world with 3.2 million employees on its payroll,
<<https://www.marketwatch.com/story/us-military-is-the-largest-employer-in-the-world-2015-06-17>>
Here is a short video talking about the plane that was intercepted.Thanks VC. Explains their push into Ukraine via the north. But this does beg the question whether the international community is also putting in place sanctions against Belarus?
Yes, the leader of Belarus is a pro Russian dictator.
He is the guy that had his fighter jets intercept a civilian commercial airliner that was passing over Belarus, so that he could arrest a journalist that was on board who had written negative articles about him.
They are but there's a difference between commodities sold on the open market versus long term locked in supply deals between producer and buyer.It’s kind of a zero sum game though, Russia is now going to be selling much less stuff into Europe, so what ever extra sales they make to China, will be offset by lost sales to Europe.
What I meant was that if Russian oil and gas gets blocked from entering the EU for example, two things will happen.They are but there's a difference between commodities sold on the open market versus long term locked in supply deals between producer and buyer.
Don't need USD for a start. Could be priced in any currency of their choice or even bartered.
The commodity is not available to other buyers at any price no matter how high is the other big one.
Short term Russia and China may support each other and form an alliance of sorts, but throughout contemporary communist histories of both countries, they have suspicion and mistrust of each other.
Two despots trusting each other does not make for a stable alliance.
Hacker collective Anonymous has disabled several Russian government websites including the state-controlled "Russia Today" news service.
Hackers identifying with the Anonymous collective announced they had launched cyber operations that briefly took down RT.com, as well as the websites of the Kremlin, the Russian government and the Russian defence ministry websites.
RT.com confirmed the attack took place, saying it slowed some websites down while taking others offline for "extended periods of time".
RT's coverage of the situation in Ukraine has been overwhelmingly from a pro-Russian perspective, showing fireworks and cheerful celebrations in the newly occupied territories.
In the UK, MPs have said the TV channel is Russian President Vladimir Putin's "personal propaganda tool" and should be banned.
DDoS attacks flood websites with traffic
Internet security expert Robert Potter said the distributed denial-of-service (DDoS) attack involved multiple systems flooding a targeted website, so that no other traffic could get through.
"It's like trying to run five people through a door at the same time," he said.
If you listen to the part at the 1min 18 sec mark of this video, it says that they get their titanium from Australia."Through long term foolishness, the US has allowed itself to become very dependent on Russia and China. This dependence has been one of the factors that has kept US inflation low but it means that if Russian sanctions are too severe, then Russia can do far more damage to the US than US can harm Russia.
China has already taken steps to lessen the western impact on Russia by buying more of the country’s gas and wheat. This potentially has a great impact on Australia.
The US depends on Russia (and Ukraine) for C4F6 gas, neon, palladium and scandium. C4F6 gas is used for etching node logic devices; neon is essential for chip making and palladium is used for computer memory.
Chips and computers are vital in our technology society and clearly markets expect supply to continue.
The west’s aerospace industry led by Boeing depends on Russia for titanium. Again to underline the markets confidence that Russia will continue to supply Boeing with titanium, the airline stock, after an early sell-off recovered most of the lost ground.
But the markets are telling us that there are several areas of global business that are particularly vulnerable to the sanctions. At the top of the list are European and major global banks. European banks were hammered with some falling around eight per cent. On Wall Street, JPMorgan was hit hard and the other big banks suffered. These banks make a lot of money from the Russians and freezing assets in banks reduces confidence in their position as a safe place to leave money."
and i bet such actions won't protect anonymous for a millisecond against the West's reprisals for past actionsAnonymous takes down Kremlin, Russian-controlled media site in cyber attacks
Hackers launch cyber attacks against Russian government websites, including state-controlled Russia Today, in response to the Ukraine crisis.www.abc.net.au
Old world diplomacy, when will we learn. There is of course a simple solution, if Ukraine a former prominent member of USSR can join NATO, then why can't Russia, problem solved. Perhaps the world should be run by women, instead of male despots, at least women would not be so keen to send their children to war.
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