Russia Economy Thread

[pmc]

This figures will be like two times of Germany and atleast 20% higher than previous known figures.
Since Russia building single family home approximately same quantity as US. it is highly likely they have alot of off grid electricity like Solar. even Russia domestic production Solar competitive.

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Electricity production in Russia in January–June 2024 amounted to 613 billion kWh, which is 3.9% more than the same period in 2023, according to Rosstat data.

20% of Russia electric comes from Nuclear and there many more countries want Russian nuclear tech. we have to see whether they have capacity to offer to Indonesia.

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Russia July manufacturing PMI is 53.6. certainly better than most of industrial countries of the world.

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Certain segment of Russian tourists goes to Turkey and if there yearly number not change it means economics and demographic not changing. Russia domestically way increasing its tourist potential but they concentrating on high networth like Gulf Arabs.

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The Morocco was new destination since last year and it has sizeable increase.

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Passenger traffic on flights to Morocco at Moscow Domodedovo Airport has doubled

On 25th anniversary of King of Morocco to the throne Russia sent "Pride of the Caucasus" Children troupe. After Showing Gold Belt from same culture in Belarus concert. Morocco is place where Saudi King used to do long vacations. These girls all look the same and i think this is the culture what Russia want its in future demographics. you can see them on May 9 and there people name inserted into festival in Crimea. only extremely wealthy country can implement such demographic change.

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Russia's "Pride of the Caucasus" at the "Children of the World" Festival in Morocco

 

[pmc]

Tourist from Saudi are 12 times higher this year. All these tourist from Gulf countries are not just high paying but bring a culture of moving with large families.

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Citizens of 4 Arab countries are at the forefront of foreign​

tourists to Russia​

Russia has pilgrimage flights to Saudi but not regular.

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Russia is working on launching direct flights to Saudi Arabia and Indonesia

Russia has completed 24 hectares Temple and Museum Complex in Crimea. 2000 years of Orthodox Christianity history at one place. it is not just this temple but 1300 other agreements in Crimea. I always think this Crimea is mix of California and Mediterranean at one place.

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They as always underestimate Russia GDP. when you look at contracts offered to soldiers. those salaries approaching Western EU.

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The Central Bank estimated the growth of the Russian GDP in the second quarter at 4.4%​

This should be expected when understand the first part.

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By

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July 30, 2024 at 4:35 AM P

Russia’s LNG Clout in Europe Rises as US Fuel Heads Elsewhere​

Russia was close to overtaking the US as Europe’s top supplier of liquefied natural gas this month, despite

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by the region’s politicians to block its fuel and punish Moscow for the war in Ukraine.

 

[pmc]

this 24 hectares Hospital in Siberia capital said to have the most complex engineering for water and air purification. In drone video it is very spread out construction. Clearly population is moving Far East if they are needing this size specialized hospital.

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New infectious diseases hospital to open in Novosibirsk region​

21 medical buildings, 504 medical boxes, ten engineering structures. Inside are the most complex engineering systems for water and air purification, including taking into account the presence of group I pathogens. Almost ten thousand units of medical equipment.

The general territory of the hospital and the internal space in each separately erected building are divided into “clean” and “infected” zones, preventing the spread of infection by separating technological flows, organizing sanitary checkpoints, etc. The facility is built according to all the most stringent post-COVID sanitary requirements.

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Chief Physician of the FEFU Medical Center Oleg Pak to Alexey Chekunkov: "Vladivostok needs a new clinic with 2,000 beds"

Russia should be at the top of Surgery. they have saved so many during this special operation. there was video about it RT Arabic.

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Renowned Russian Surgeon Operated on 13 Kazakh Children​

These two links about upgrading Mriya Resort in Crimea. This level of luxury i doubt anyone outside Gulf Arabs any one can afford.

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Crimea talks about creating a resort city of the future​

"We are planning to implement a number of large-scale investment projects that will allow us to take our resort to a qualitatively new level," said Samvel Sarukhanyan, CEO of Mriya Resort & SPA. Among such projects are the creation of a wine cluster based on the WINEPARK theme park and winery, the construction of a new hotel, an amusement park and a nature park, the development of the Dreamwood family park and the Six Senses Japanese garden, popular among tourists, and the modernization of the spa center.

In 2024, a yacht marina capable of accommodating up to 40 vessels appeared on the territory of Mriya Resort & SPA. The lighthouse and observation deck built here, according to resort representatives, are now acquiring the status of a cultural heritage of Crimea.
Mriya has created its own training center, the Hospitality Academy, at the federal level. The academy graduates more than 6,000 specialists a year in 400 training programs.

“Over the past 10 years, we have not only created a unique infrastructure, implemented the highest service standards and earned international recognition, but also formed a strong professional team capable of solving the most ambitious tasks,” Sarukhanyan noted.

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RIA Novosti (feed): Gref: development of Mriya Resort in Crimea will make the resort complex unparalleled in the world​

 

[pmc]

Dubai Airport duty free is now accepting Rubles. when you look at scale of airline traffic there must be a monetary system that is not in public.

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Russia cosmetics chain now in two Gulf Arab countries. and they have several thousand stores in CIS countries.

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LeToile chain opens second store in UAE
LETOILE, a leading player in the Russian perfume and cosmetics market, has opened its second store in the United Arab Emirates. The new location is the popular Sahara Centre shopping mall in Sharjah.

Today, the Letual chain is represented in six countries: Russia, Kazakhstan, Uzbekistan, Belarus, Qatar and the UAE. Just two weeks ago, the Letual store was launched in the City Centre Al Zahia shopping mall.
By the end of 2024, the company plans to open 3 more stores in the UAE. In February 2023, Letual changed the spelling of its name, updated its logo and slogan, which now sounds like “Absolutely everything.” The chain’s marketing team incorporated the idea of a variety of brands and products into it.

This link gives you map of Arabs in Africa from DP world perspective and this what Russia using it.

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DP World, Africa's lung and trade artery Map showing the shipping lines, ports and waterways operated by DP World in Africa

DP world about North Sea Route.

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40% of India oil import from Russia. think about the logistics and financial system that changed so fast. Putin in Azerbaijan and this is the direction that infrastructure going to be developed.

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Russia created foot ball club for Syrians. Foot ball is one of the sport that Arabs have overinvested in it from FIFA to Sport Clubs to expensive Sport Players.

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70 hr per month flight time Pilot salaries are $7K a month in Aeroflot. I think Russia airforce salaries will be getting closer to this number as contact soliders are now getting $3k a month.

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Aeroflot to Increase Pilots' Salaries by 30%​

Lada automaker salaries approaching $1200 a month in one of the poorest regions of the Russia.

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AvtoVAZ Raises Workers' Salaries​

Russian automaker AvtoVAZ is ready to pay workers almost 100 thousand rubles

 

[pmc]

Interesting part is that Russia Finance minister is saying 4.7% GDP growth but over 10% growth in real wages. one of the figure is understated if you understand economics.

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Russian minister forecasts Russia-China trade turnover in 2024 to surpass 2023’s record​

In addition to discussing trade relations, Siluanov reported positive economic indicators for Russia. He revealed that the Russian economy experienced a growth rate of 4.7 percent in the first half of the year, achieved a historic low unemployment rate of 2.4 percent, and saw over 10 percent growth in real wages. Furthermore, the investment rate surpassed 14 percent in the first quarter, demonstrating robust economic performance and contributing to the overall stability and growth of the Russian economy.

its Chinese article mentioning Russia Gold selling help in de dollarization. Russia has redirected Gold trading.

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Sohu: Russia Caused Trouble for the US by Selling Tons of Gold to China​

China Reveals How Moscow Caused Trouble for the US by Selling Tons of Gold to Beijing

As i indicated a day earlier that this North South Project of connecting to Gulf countries is the most important. If this Azerbaijan not surrounded by conflicts/dysfunctional states than imagine how much wealthy this country would have been. The President of Azerbaijan drove Putin to the Church.

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President of Azerbaijan: North-South project is of exceptional importance for interstate relations between Baku and Moscow​

• 19.08.2024 [17:01]

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Ural State University of Russia involved in discovering it. as indicated the advanced Arab civilization at the time.

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Russian students find ancient ceramics with Arabic inscriptions in Samarkand​

hese findings are of great value to historians because they help us understand how the people of Samarkand lived in the 10th-11th centuries, are evidence of their advanced civilization at that time

the got the medals in AI competition.

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Russian Winners of the Youth AI Olympiad: Russia Will Outpace the West in AI​

It is this Body on Frame SUVs that built with Soviet tech has production now modernizing. they are still simple and easy to maintain. alot of upgrades done after Syria to deal with desert climate. off road all train tires. there alot of modernization happening in factories and unique product development.

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Revolutionary changes in UAZ production: details revealed​

UAZ has started using laser technology in the production of its vehicles

 

[pmc]

After Putin visit much more info comes out. This is the new Grozny Airport and at a distance there will be Tower. Every Persian Gulf city need some kind of Tower like Burj Khalifa. Putin visited Mosque but important think the imam said there are many more mosques under construction or already built. now think about it. why you need so many Mosques. It is because this Akhmat PMC is global venture managed by Chechens so every one can see there culture in the area. and Putin was meeting authentic Chechens not the mix PMC when meeting head of Chechnya religious body.

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he is actually Russian from Dagestan but decide to compete from Uzbekistan. but you can see the system of reward is from Chechnya.

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Kadyrov's son gives apartment to wrestler who won gold for Uzbekistan

Kadyrov's son rewarded Olympic champion Zhamalov with an apartment and 10 million rubles​

Russia was already giant in helicopter manufacturing and now maintaining such large fleet both civilian and military. this helicopter needed in remote regions for air transport. some of the cargo will be taken by drones. Aviation and Drones will become very large industry in Russia. and unless Russia can highly automate its vehicle production it will be hard to have the capacity for exports.

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UEC puts into operation a new test rig for helicopter engines​

"We have implemented a technically complex project in just one and a half years. The planned volume of work for UEC-Service until 2035 provides for an annual increase in the number of engines being repaired. The new test bench will increase our capacity and will allow UEC-Service to maintain its leadership in aircraft engine repair," said Deputy General Director and Managing Director of UEC-Service Dmitry Vinogradov.

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Rostec adapts Ansat helicopter for operation in Arctic conditions

MS-21 expanded flight envelope.

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[pmc]

Russia and China joint projects are now worth $200b. The number is big but not easy to put value on each field.
one time several years ago they mentioned several thousand working for Huawei in salaries much higher than market but without any total dollar value.

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Russia and China Update Investment Cooperation Plans​

Ministry of Economic Development
22 August 2024 09:47
Today, 86 major projects worth a total of 18 trillion rubles are being implemented within the framework of the Russian-Chinese Intergovernmental Commission on Investment Cooperation – in the raw materials and gas chemical industries, in agriculture and the automotive industry, in the production of household appliances, and in the construction of transport and logistics infrastructure.

New Nuclear Plants going to Ural/Far East and this direction of population growth or shifting. when you look at number of locations just these plants are hundreds of billions of dollars. new locations expensive relative to expanding existing one.

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The largest nuclear power plant in Russia, Krasnoyarsk, is to be built in the region
There are plans to build the Krasnoyarsk Nuclear Power Plant in Krasnoyarsk Krai – a major energy facility. The station is included in the General Scheme for the Placement of Electric Power Facilities in Russia until 2042, which has been put up for public discussion by the System Operator of the Unified Energy System. New nuclear facilities are also planned to be built by the beginning of the 2040s in the Rostov, Sverdlovsk, Chelyabinsk, Tomsk regions, Primorsky and Khabarovsk territories, in Yakutia and Chukotka.

Russia Afghan trade will reach $3b in 2025.

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Russia-Afghanistan Trade to Grow to $3 Billion in 2025​

 

[pmc]

Now almost every economic form in Russia has Chinese vehicles. It gives alot of international exposure.

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Hongqi to Provide 150 Vehicles for Eastern Economic Forum​

This kind of city they want to built next to Valdivostok and the shift population to East.

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now Iran Supreme leader mentioned North South INSTC with Turkmen leader which is the most important Russia project to connect to South as earlier discussed with Azerbaijan and increasing Trade with Afghanistan. the new map going along Western edge of Afghanistan and connecting two Iranian ports.

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Implementation of joint projects between Iran & Turkmenistan, including the North-South Transport Corridor & development of the Turkmenistan gas pipeline, with the participation of Iranian experts & specialists, will further strengthen close relations between the two countries.

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This is near Norway

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Chinese and Turkish Polar Researchers Explores Cooperation With Russia in Svalbard​

Last week, a Chinese research delegation visited Russia's science center in Barentsburg to discuss expanded cooperation in the Arctic. The parties agreed to start preparations for joint research projects. In July, Turkish polar researchers visited Pyramiden to gain closer insights into Russian plans for an international Arctic science station.

Russia is going to use the UAV specialist trained for Ukraine in economy.

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The number of industries where UAVs can be used could increase from 20 to 50

5,000 Student in one year for Moscow Aviation Institute. Aviation will getting bigger.

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Almost 5,000 people entered MAI in 2024

 

[iBBz]

Real Reporter Youtube channel visits the MC-21 production plant

 

[pmc]

Russia both manufacturing and Service PMI in positive. August are usually industrial vacation month.

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New export business boosts Russia's service sector in August, PMI shows​

This is that Soft Power attraction before any business done. The Falcon House at Vladivostok
There is an Arab Village Pavilion part of Vladivostok Economic Forum.

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The Falcon House opened on Far East Street at VEF 2024
Representatives of Qatar, Kuwait, the United Arab Emirates, the Kingdom of Bahrain and other Arab countries took part in the opening ceremony of the Falcon House.

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The ninth edition of the Eastern Economic Forum, which will be held from September 3 to 6, opened today, Tuesday. This year, more than 6,000 people from 76 countries will participate in it

That surplus Indian rupee problem largely solved and according to Russian banker Russia can buy any goods from India.

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Exclusive: Russia's Sberbank says India business booming despite Western sanctions​

The problem has been solved, there is no rupee surplus any longer," Popov said, adding that to achieve balanced trade, India still needs to increase its exports to Russia 10-fold. An Indian source told Reuters on Aug. 14 that the rupees surplus had

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.
India is a self-sufficient, vast economy capable of meeting its own needs. Therefore, any goods that Russia previously imported can be purchased in India," he said.

They are expecting 20K guests for BRICS Kazan. 53 hotels prepared out of 70 total accommodations.
I have read 36 countries already invited and now even Malaysia interested and Mongolia got invitation. these countries may not enter BRICS but just wanted to visit Kazan. There is no clarification on Saudi.

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All year long, Kazan is busily preparing to receive 20,000 high-status guests. Not only BRICS participants will come to the capital of Tatarstan, but also those who plan to join the association. For example, Argentina and Egypt.

“We have never received such a number of guests at one time over the course of three days,” noted the city’s mayor, Ilsur Metshin.

In addition, a large number of journalists, experts, volunteers, and law enforcement officers are expected. 70 different accommodation facilities have been prepared for the summit guests, 53 of which are hotels. As of August, 37 hotels are ready to receive guests, and the rest should be completed within a month.

A Turkish football player that played for Russian foot ball clubs few years go built a Mosque near Kazan and since than he expect Erdogan.

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Karadeniz on the construction of a mosque in Kazan: “I want the President of Turkey to officially open it. This is my wish”​

The more Azeri integrated into Euro Asia the more incentive for the rest to look East.

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Azerbaijan to take part in Kazan Digital Week international forum​