Ukrainian War Developments

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Darkon112

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So from the looks of it. And correct me if I'm wrong. EU is out of the competition. It's economy was already staring down the barrel of a second lost decade. This will make it sure that will happen and more. Due to lack of cheap resources Russia provided. And it's truly is now between China and USA. Except American game plan to topple Russia is not from the looks of it going to succeed and it's yet not clear how much Russia will be hurt long term. Overall Russia will be firmly in China's camp. on a silver platter.

America pretty much broke the economic system it set up and generally is making a even more of a fool of itself world wide right now.

I think it's pretty much a victory for China.
 
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ArmchairAnalyst

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Abominable said:
That means very little. You'll soon be forced to ration Norwegian gas along with the rest of Europe.
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Not really. Norway isn't part of the EU and is already running at full capacity with long term contracts to fulfill.
It also uses precarious little gas itself but the EU still shouldn't expect any freebies.
Problem is it also borders Russia :eek:

A somewhat old article:
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Rettam Stacf

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Richard Santos said:
i’m not sure why people thanks the fact that Japan chose this moment to say it has no power to confiscate Russian foreign reserves is really a good thing if you’re talking about it from perspective of china?

This is clearly a cynical move on the part of Japan to take a vantage of the fact that China appears to not have given Russia its full hearted support. So Japan sees an opportunity to improve its postwar relations with Russia with an eye towards china.

Altogether, how much of Russia’s foreign reserve do you think is actually in Japan?

if russia reacts favorably, japan can say to the US “this is our law, we can’t do anything about it”. If indeed the US didn’t put japan up to this for its own purposes in the first place.

If russia does not react favorably, and the US becomes too unhappy, japan will no doubt pull some deeply obscure or newly minted regulation out of its labyrinthine bureaucracy that all of a sudden allows japan to hold on to russian foreign reserve again.
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The way I read the original news report, all Japan was saying was that they cannot CONFISCATE Russia's sovereign assets, but there is no mention about FREEZING them, which I assume Japan is still doing it.

So I do not think Russia will look kindly on that.
 
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pmc

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mossen said:
Russia doesn't have an industrial base that is geared towards becoming high-income. Putin has consciously steered the country towards "maximum resilience" for almost a full decade now, trying to derisk the economy and creating "Fortress Russia". The price paid was slow growth in exchange for building a country that is (almost) sanctions proof.

That gives Russia tremendous survivability, but it ensures that it will remain stuck in the slow lane for the foreseeable future. China can help somewhat, but it is unrealistic to expect every single private Chinese firm to sacrifice the much more lucrative Western markets for a country whose economy is smaller than Italy's. It will be a balancing act for Beijing, and Russia will have to accept that it won't get everything it wants from China as part of that balancing act.
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There is no such thing as high income country unless a country accept external dependencies (aka investments) and labor force on scale that will make the country dysfunctional.

French has unreliable nuclear reactors. Germany cannot run reliable goods train. Imagine Germany has to run as complex train network as Russia.


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The German network operator DB Netz had to temporarily pull the plug on all rail freight transport in Germany early on Wednesday morning. As a result, the freight trains stood still for hours at many points.
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Abominable

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ArmchairAnalyst said:
Not really. Norway isn't part of the EU and is already running at full capacity with long term contracts to fulfill.
It also uses precarious little gas itself but the EU still shouldn't expect any freebies.
Problem is it also borders Russia :eek:

A bit old article:
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Norway will actually be fine as long as your leaders put their country first, you will actually come out much richer than before. No subsidised gas to Europe, market prices only. No free energy exports.

I don't know what your politicians are like, is there a "Norway First" movement? I doubt Russia will invade you, Germany, England and/or France may do if you aren't giving up gas/oil and the people in their country are starving to death.
 
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Bill Blazo

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Overbom said:
lol, quite a commitment on saving Nazis

"Russian MoD: Ukrainian Mi-8 heading to #Mariupol to evacuate Azov Battalion leaders shot down
- The aircraft was hit as it was flying over the Sea of Azov, five kilometres from shore.
source: Sputnik"
https://twitter.com/i/web/status/1508482925255401481
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If that's true, and it's a big if since both the Russian and Ukrainian MODs are spewing lots of nonsense right now, then it was a dumb move by the Ukrainians. Waste of a perfectly good helicopter.
 
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