Russia Economy Thread

[gelgoog]

The growth in trade is pretty incredible considering the size of Russia's economy and how far Russia's main ports are from China.
I wonder how much of that 240 billion is from oil though

It isn't just a one sided trade where China is buying more Russian energy (oil, gas, coal). Russia is also buying a lot more Chinese goods than they used to. Including machine tools, vehicles (cars, trucks), consumer appliances, etc. Russia is expanding its ports in the Far East, including building new ones to export coal, has been financing a multi-year program to expand its railroad connections to China, and has recently finished a railroad bridge to China. The Power of Siberia pipeline is also expanding its supply of gas to China at a rate of like 50% a year.

Just think about it. Thanks to Western sanctions, the Russians have basically been switching their purchases from Europe, South Korea, and Japan into China as fast as they can.

 

[Serb]

https://twitter.com/i/web/status/1755861620255756664

https://twitter.com/i/web/status/1754447319620108681

https://twitter.com/i/web/status/1754029519747645512

 

[pmc]

Long read that is truncated about Cable car. They have to re create Cable car industry after USSR fall closed it down. Europeans are leader in this tech. Winter sports is part of Soft Power and they are doubling Tourism as share of ever increasing GDP. basically looking at construction in trillions in dollars to generate this income.

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6 February 2024, 12:40

Who will build cable cars at Russian ski resorts​

Ruslet" and "TverKanatDor" have initiated training programs with the Bauman Moscow State Technical University, the Moscow Polytechnic University, and the Proton training and production complex, which will allow them to train specialists in this field. The USSR had its own strong school of ropeway design and production, and now we, together with domestic manufacturers, research institutes, and universities, are actively developing it. Our goal is not just to reach the level of European manufacturers, but also to make them better. And today we have all the opportunities for this, including government support,” Sidorovich said.

He recalled that a mechanism is currently being developed to subsidize the interest rate for investors purchasing domestic equipment for ski resorts

Will Chinese manufacturers come to the Russian market?

Speaking about the competition between Russian manufacturers and Chinese, the expert noted that they “have serious ambitions to enter the Russian market and expand their presence.”

“But we are familiar with the Chinese production doctrine. In Russia, the rope transport industry developed according to European safety standards. But in China they are different: it is easier to get certified for equipment safety class there than in Europe, and this says a lot. In addition, there now "We use technologies that were used in Europe two production generations ago. In China, tourists have different demands and expectations, a different level of comfort," Sidorovich said.
According to him, Chinese rope equipment is now being installed at four sites in Russia, but there have been no successful commissionings yet.

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Mantera chooses Russian-made cable cars for the Arkhyz resort​

Its Belarus want to enhance capacity of Uzbekistan to help Afghans. but it is easy to guess Russia is behind it.

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08 FEBRUARY 2024, 16:18
“The neighboring states, especially long-suffering Afghanistan (Shavkat Miromonovich told me a lot about it), need our help and support, they need essentials like medicines, food and clothing.
“We have agreed to build poultry factories. Uzbekistan produces enough poultry and eggs to meet domestic needs, but we need more of these products (it was the president’s idea) in order to sell them to the neighbors, first of all, to the Afghans.

 

[pmc]

A yacht marina and light house will be built in Southern Crimea according Vesti news. They mentioned over 70 hotels and boarding houses built in last 10 years. also they are showing this large hotel with over 90% occupancy in Feb. Feb is not January holidays or Summer. Always have to wonder who is fighting in Ukraine.

The thing about Crimea is that most video showing tourist near to beach but real expensive construction is going up the hills. drivers can feel the Sun and Snow covered trees.








52,000 Toyota LC were traded in used market. certain statistics are too important.

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Toyota RAV4 and Land Cruiser are the most popular crossovers and SUVs on the secondary market in Russia, but they are far from the Niva​

The three-door Niva-2121 is the undisputed leader in the used SUV market in Russia in 2023​

 

[pmc]

Russia is confident it still biggest foreign investor in Iran second year in a row.

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Russia ranked first in terms of foreign investment in Iran​

Ambassador: Russia took first place in foreign investment in Iran in 2023

This not make much sense but i am posting as this may indicate shift of Russia population to East.

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North Korea began building hotels for Russian tourists​

2 days ago
North Korea has begun construction of a new Wonsan-Kalma tourist zone, which includes 17 hotels and 37 inns, to receive tourists from Russia.

Russia building three thermal plants in Kazakhstan. Despite all that shortage of labor Russia still taking outside construction orders showing diversified skills of population.

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AGREEMENTS WERE SIGNED ON THE CONSTRUCTION OF THREE THERMAL POWER PLANTS IN KAZAKHSTAN

This interview is not economics related but saying officially that Russia has enormous resources (presumbly human/non human) does indicate very large internal GDP and big population.

 

[pmc]

As the name suggested.

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Russia has developed an unmanned hybrid of a helicopter and an airplane
The estimated take-off weight of the Varioplan is 1 ton. According to Smyshlyaev, this will make the aircraft maneuverable, compact, and also quiet and safe enough for use in urban environments. The concept of the device involves the use of a gas turbine engine, which will allow it to fly in rarefied layers of the atmosphere and, by reducing air resistance, reach a speed of more than 700 km/h with a flight range of more than 1000 kilometers. The minimum payload weight of the device will be 200 kilograms.

“Calculations show that modern technologies will make it possible to move cargo and passengers with the efficiency of cruise missiles. Only, unlike them, such aircraft will be able to take off vertically, literally from a car parking lot or from a small platform on the roof of a building. Today, neither in our country, "No one abroad solves or even sets such tasks for themselves. In this regard, our project is unique," says Smyshlyaev.

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forecasts that the global market for advanced air mobility services will reach $322 billion by 2030.

According to Smyshlyaev, “Varioplan” will solve problems for which cars are used today, but at a qualitatively different level. Thus, the cost of transportation using a flying vehicle will be comparable to that by car, but at the same time, any person “will be able to move in the usual time not tens, but hundreds of kilometers, and in any direction.” The idea was brought to the level of a preliminary design, the calculations were verified by specialists from

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and

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, and also underwent examination by aviation specialists from the Advanced Research Foundation.

this how Putin travels. Atleast 5 or more jets ready for take off. this not including IL-76 for carrying vehicles if needed. so you can clearly see the real spending of Russian government.

https://twitter.com/i/web/status/1758049443608170944

Putin Vaccines and Medicines. Effectiveness of it will be easy to know. Ex President of South Africa got Cancer treatment in Moscow.

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Putin said Russia is “closely approaching” the creation of cancer vaccines
Russia is “closely approaching” the creation of cancer vaccines and a new generation of immunomodulatory drugs, Vladimir Putin said. According to him, a total of 530 domestic medicines were registered in 2023

Tucker Carlson put a grocery Store video comparing prices between US and Russia. He basically shopped for 4 person weekly 44 items expenses that came out to around $104 in Moscow. I see he holding Crimean wine
His team is telling him similar grocery bill in US will be around $400. Russia is Non-GMO so not sure they comparing Organic or Non Organic US prices. but regardless Moscow is 1/4 of US prices.
and this interview made Tucker equal to Head of State or CEO of Large firm. you can bet it is competing with Soccer finals across all languages. and this will impact Russia tourism potential.

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[gelgoog]

Another US RAND thinktank report. Supposedly they are modeling the future of the Russo-Ukrainian conflict.

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These guys are really dumb. They seem to assume Russia would accept a settlement which does not take into account their stated goals for the SMO right when it started. Namely the neutralization of Ukraine. The simple truth is, in that theater it is Russia which has escalatory dominance and they can ramp up the conflict as much as they want to. The war is basically happening right next to their main economic core and the opposite is true for the US. And if they do allow Ukraine to ramp up its strikes in Russia's economic core by giving them more weapons to do so, then according to Russia's nuclear doctrine Russia could then reply with nuclear weapons to a conventional threat to the integrity of the Russian Federation. Not just against Ukraine either. And they are gambling like that against a country which has the primacy in nuclear weapons. While the US has rehashed strategic weapons from the late Cold War. They are just total idiots.

They also seem to think that the conflict is having some sort of major negative impact on Russia's economy. But Russia isn't even engaging in rationing or state led centralized economic planning for the whole economy. The civilian sector is still operating with little changes. While the US stopped making civilian cars during WW2 the Russians are still making cars at AvtoVAZ for example. KAMAZ and Ural are making civilian trucks at historical highs for them. These guys are complete retards. And they are already thinking how to start their next war against China.

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KAMAZ had 4.6 billion rubles of net profit with 272 billion rubles of revenue with production of 44,148 vehicles in 2021. In 2023 they had 12.7 billion rubles in net profit with 354 billion rubles of revenue with production of around 53,000 vehicles. This is commercial vehicles. Since military vehicles aren't counted as part of this.

This is basically an all time high for them.

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[ansy1968]

These guys are really dumb. They are just total idiots.

They also seem to think that the conflict is having some sort of major negative impact on Russia's economy. But Russia isn't even engaging in rationing or state led centralized economic planning for the whole economy. The civilian sector is still operating with little changes. While the US stopped making civilian cars during WW2 the Russians are still making cars at AvtoVAZ for example. KAMAZ and Ural are making civilian trucks at historical highs for them. These guys are complete retards. And they are already thinking how to start their next war against China.

No bro, rather its brilliant, to achieved their goal of becoming an Arsenal of Democracy, A China threat is ideal, Europe is bankrupt as shown by the current Ukraine War, the middle eastern state especially the spent-thrift Gulf monarchies had tighten their belt, only Asia can resurrect their dreams.

 

[Duke Xiao of Qin]

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China’s advanced CNC machine tool exports to Russia soar after Ukraine invasion.​

"Chinese shipments to Russia of an important class of advanced machine tools have increased tenfold since the full-scale invasion of Ukraine, with the country’s producers now dominating trade in high precision “computer numerical control” devices vital to Moscow’s military industries. "

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[generalmeng]

https://twitter.com/i/web/status/1755861620255756664

https://twitter.com/i/web/status/1754447319620108681

https://twitter.com/i/web/status/1754029519747645512

The major concern with the dollar, and one of the many reasons for the sudden spike in interest rates in US FED, is their sanction on Russian Central bank. Sanctions on the Russian central bank pretty much tell the whole world, that the USA will unilaterally ignore all its financial obligations. With this currency risk, comes an interest premium. There is a distinction between sanctions against Russia and sanctions against the Russian Central Bank. The latter was never done before.

It is clear, that large part (significant) of the USA's investors (bond and tresuries) are foreign. For them to accept the currency risk, interest needs to be higher. Of course, there are many other factors that affected the us inflation, such as supply chain bottleneck, overprinting the money... etc.

Even during the peak of the Cold War, Russia honored its USD-denominated debt payments.