War threat in Ukraine

[Dona Ferentes]

 

[Dona Ferentes]

The risk of Russian invasion of Ukraine is now approaching certainty.

What implications are there for investment markets ? ]

500+ days in, and for Western money, the decoupling goes on.

 

[Dona Ferentes]

What implications are there for investment markets ?

the sanctions are working...

Dramatic collapse of net income for Russia’s Gazprom. For the first half of 2023 the net income was 296 billion Ruble (around 2.85 billion Euro). In the same period of time in 2022 Gazprom’s net income was 2.5 trillion Ruble (at this time around 41.5 billion Euro). This is a collapse of 92% in one year.

 

[Dona Ferentes]

It's now two years since Putin's megalomania and absurd sense of Russkyi Mir brought untold suffering to Ukraine

 

[Garpal Gumnut]

Trump has over the last hour given Ukraine just about full backing against Russia and dismissed Putin as being "difficult".

He will supply Ukraine and NATO with weapons to secure Ukraine's former borders "and more" but will not commit US troops to the fight. He is encouraging European troops to get involved in the fight against Russia.

We do live in extraordinary times.

gg

 

[Dona Ferentes]

Trump has over the last hour given Ukraine just about full backing against Russia and dismissed Putin as being "difficult".

He will supply Ukraine and NATO with weapons to secure Ukraine's former borders "and more" but will not commit US troops to the fight. He is encouraging European troops to get involved in the fight against Russia.

We do live in extraordinary times.

gg

President Trump:
"I thought the Russia-Ukraine war would be the easiest one because of my relationship with Putin but unfortunately that relationship didn't mean anything."
.
President Trump:
"After getting to know and fully understand the Ukraine/Russia Military and Economic situation and, after seeing the Economic trouble it is causing Russia, I think Ukraine, with the support of the European Union, is in a position to fight and WIN all of Ukraine back in its original form. With time, patience, and the financial support of Europe and, in particular, NATO, the original Borders from where this War started, is very much an option. Why not? Russia has been fighting aimlessly for three and a half years a War that should have taken a Real Military Power less than a week to win. This is not distinguishing Russia. In fact, it is very much making them look like "a paper tiger." When the people living in Moscow, and all of the Great Cities, Towns, and Districts all throughout Russia, find out what is really going on with this War, the fact that it's almost impossible for them to get Gasoline through the long lines that are being formed, and all of the other things that are taking place in their War Economy, where most of their money is being spent on fighting Ukraine, which has Great Spirit, and only getting better, Ukraine would be able to take back their Country in its original form and, who knows, maybe even go further than that! Putin and Russia are in BIG Economic trouble, and this is the time for Ukraine to act. In any event, I wish both Countries well. We will continue to supply weapons to NATO for NATO to do what they want with them. Good luck to all."

 

[Garpal Gumnut]

Thanks @Dona Ferentes . I couldn't believe it when my chap in the UN first told me. It is now full on news.

From the BBC.

Kyiv can win all of Ukraine back from Russia, Trump says

The US president says Ukraine can win back land with support from Nato and Europe, marking a major shift in his position.

www.bbc.com

gg

 

[Dona Ferentes]

sober heads

Trump has no plan, he echoes whoever flatters him. Today it’s Zelensky, tomorrow someone else. Nothing matters until he commits.

 

[Sean K]

Russia flying drones and jets into Poland, Estonia and Danish airspace over the past week is a bit of an escalation. Couldn't be an accident. And, they couldn't possibly think that crossing into NATO countries is going to be shrugged off.