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How Russia Rescued The Ruble - Foreign Affairs (7) - Nairaland

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Re: How Russia Rescued The Ruble by bakar007: 3:42pm On Apr 07, 2022
plaindealer:



Keep crying, just save some tears for your oga putin because he needs a lot of tears and buckets to cry inside,, grin grin
Slave mentality is hard to shake off little did they know they don't matter ,sad � Pls stop watching too much CNN BBC and fox news eh ,it will help you in future.

6 Likes

Re: How Russia Rescued The Ruble by plaindealer: 3:50pm On Apr 07, 2022
bakar007:

Slave mentality is hard to shake off little did they know they don't matter ,sad � Pls stop watching too much CNN BBC and fox news eh ,it will help you in future.


What PouTin boTs say when they are confronted with facts that are above their lowly paygrade and meager intellect.

PuTin's rubbish propaganda is corroding your brain and your future..

Ndo,,, grin grin

1 Like

Re: How Russia Rescued The Ruble by Benny6944: 3:56pm On Apr 07, 2022
EKONGKING:


You ar talking nonsens ,what is population of Estonia and what is demand. Iam comparing the world 2 nd largest importer of oil which is India and u r taking about Estonia .
America buys less than 0.5 percent of oil from Russia.
What u will be seeing ,will be just a switch in buyers and sellers.
Western Europe will be buying from Iran grin ,libya and Qatar instead of Russia while India and other asian countries will buying from Russia instead of Iran and qatar.
Dealing with Iran and Libya will have their consequences for Western world, more wanna be Islamists entering western world




Op I don't know where you get the dumb news you read or misconception is all over you.

for Germany to stop buying at the end of the year, what does that tell? including other countries that will stop by August and may.. wait for it.
Lithuania has also stopped both gas and oil
Re: How Russia Rescued The Ruble by caye(m): 4:08pm On Apr 07, 2022
BKayy:

It is interesting that France stayed two decades in Mali in the disguise og fighting Islamists but instead of the number of Islamists to decrease, they and the gold reserve of France kept on swelling and

Then, few months after the revolution of Mali that saw Goita Assimi take the reigns of Government and subsequent alliance with Russia and expulsion of France which triggered serious threat from the Western Imperialists (even ordinary Norway joined the threat) the numbers of the Islamists started to reduce.

Now you want to bring to an argument that the propaganda from France24, the same media arm of the expelled France that have defrauded and exploited Mali until expulsion, is more authentic THAN official statement from Mali authorities, indigenous opposition groups and even civilian independent journalists because, let me help you "they are your white Lords that are holy"

If I call you slave now, you start ranting but you show all evidence of one.

To rescue the slave Africans of the Arab and Western world , one would have to be an authority in African psychology and brain de-colonisation.
It is an Oranmiyan-like task; one needs the strength of God to do that.

4 Likes

Re: How Russia Rescued The Ruble by nedekid: 5:17pm On Apr 07, 2022
Svlla:
True

Latvia had just agreed to pay for gas with Ruoble, same with Hungary, Serbia, Turkey and Belarus if this continue and more EU joins to pay for gas in Rouble I believe it will strengthen the Rouble more

As for Rouble being the Potemkin currency, it depends on the Russian central bank and thier abilities also the Putin gamble of paying for gas with Rouble. If it works out then the Ruoble backed by gas and crude will definitely be a hard currency and several central bank in Europe, Japan, China and others will start stocking up a Rouble Reserve.

As for Russia gas supply in Europe, there's no immediate replacement of over 150BCM yearly of gas to Europe anywhere in the world.

To replace Russia gas with either the gas from US or building a pipeline from Qatar will mean these 3 things
1. There's someone somewhere not getting their gas and this may cause gas price to skyrocket.
2. Europe will have to pay more for American gas delivered to them in shipments from US, including logistics cost. Europe may have to pay up to 4times more for this gas. And still US won't be able to completely replace 150BCM of gas that EU gets from Russia
3. Gas infrastructure and pipeline from Qatar will take time to deliver and no matter the route, the nearly 7,000km gas pipeline will still encounter some encumbrances, and transit nations(Most likely Saudi Arabia, Iraq, Turkey, Central Europe nations) will be paid too.

GasRuoble may work, and it will for Russia and help their economy in the long run

modified
Current exchange
Dollar to Rouble 77
Euro to Rouble 83
Good analysis.

1 Like

Re: How Russia Rescued The Ruble by nedekid: 5:18pm On Apr 07, 2022
plaindealer:



What PouTin boTs say when they are confronted with facts that are above their lowly paygrade and meager intellect.

PuTin's rubbish propaganda is corroding your brain and your future..

Ndo,,, grin grin
And how is it corroding his future?
Re: How Russia Rescued The Ruble by nedekid: 5:30pm On Apr 07, 2022
BKayy:
Una eyes don dey clear?

For the chief security committee of Nairaland Western Propaganda loving forum to bring this to their forum, it means that even doubting Thomas can see the truth even if he doesn't want or like it.

The question in this conflict is not how black Ignorant slaves in Africa can show different ways they can slave to the West but what they can learn from Russia. How to manage diversity, stand tall to mental manipulation through media and how to manage diversity.

In Russia we see Christians, Muslims, and even atheists fighting together against the enemies of man, the Wicked demons from Western Europe that want to enslave and take other people's resources and independence.

They (The West) have now imported Jihadists, Imperialists, ignorant African slaves, Nazists, ignorant redditors and all forms of vile creatures even those under Christianity to do their bidding.

The three pictures are from Russia.
-Muslims
-Orthodox Christians and other reasonable Christians
-And Atheists, united against injustice
Well said boss, so many things to learn from Russia.
Just look at how despite all the odds, sanctions, ojoro, theft by the west against russia, the economy is being salvaged by competent hands.
Rouble fell to 140 but now recovered fully and almost gained more than the prewar value! Just imagine!
We here in naija, and especially on nairaland where we have the best economists in the world (on paper), naira is falling daily, people are getting poorer despite no sanctions. One said the other day I did not understand gdp or economics. I accepted.
I put it to you that we all do not understand basic economics! Bring Putin and his team here and in 2 years, naira will be 80 to the dollar!

6 Likes

Re: How Russia Rescued The Ruble by Betscoreodds: 5:32pm On Apr 07, 2022
pansophist:
Anyone that thinks Putin went into this fight without preparation is daft, to put it bluntly. There are countries that by virtue of their existence, are superpowers; Russia and China are such countries. Russia is the most commodity rich country on the planet, its one of the few countries that can implement autarky.

If you listened to western media only, you'll get the impression that the Russians are suffering immeasurably, that they are a pariah state and the world hates them. But its a lie. Its only the western country led by the US (alongside South Korea and Japan) that are against the Russians, people that makes up less than 15% of humanity. The whole world have nothing against Russians and are secretly cheering that they stood up to the imperialistic west that have castrated the world.

Just about six weeks weeks into the war, Russia has achieved almost all the objectives it went into the war for. Donbass have been liberated, all Ukrainian military infrastructures destroyed, the azov nazist scum are almost completely eradicated, Ukraine has accepted its neutrality, ruble has been backed by gold and not traded in usd (same thing Gadaffi was trying to do, but was killed by the west), and it's only a matter of time, other of their objectives such as recognition of crimea and the Donbass region will be a reality.

The west is not your friends Africans, they enslaved you, called you subhuman, colonised your ancestors and created human zoos with Africans in it all around Europe. The Russians and China many of you hate haven't done any of these things to you, and they genuinely supported the independence of African countries during colonial period. Just less than twenty years when China became wealthy, they have sponsored infrastructure all around Africa, but the west never did that for centuries they were wealthy.

Smell the coffees folks. I repeat, the, white man is not your friend. Your history with Europe is filled with pain, sorry, loss of heritage, inferiority and everything negative. How you support their imperialistic aim is stupid because it may be the Russians today, but it will be your tomorrow. It was Libya few years ago, Burkina Faso when Lumumba was killed, and Nigeria in 1993 when presidential aspirant MKO Abiola was poisoned with tea when US secretary of state visited him.

Now for the lovers of everything western, I will ask you on simple question. Please tell me how exactly has the west made your life good? I want to know.

Well said.
Re: How Russia Rescued The Ruble by Betscoreodds: 5:35pm On Apr 07, 2022
emmaodet:


Lol

The answer to your question is very simple.

Visa. Just visa

Haven’t you seen people hear answering that question ? That between US visa and Russia visas, which one will you choose?
To them, they believe US has produced more african millionaires in diaspora than an other fccking country.
They have relatives in the west sending home dollars, pounds and euros and they see how they ball when they come home in Decembers.
It is believed most people that go to India, china, Russia etc are all strugglers who barely make anything tangible.
So why do we want to fall a nation as US that as made more peoples’ lives better? If not that we are enemies of progress.
Unfortunately for them, what they don’t know is that the core reason why they are suffering, why Africa and co are suffering is because the west have created a system for us to rely on them. Thereby making them richer and richer and we won’t have a choice than want to leave our homelands they are manipulating and influencing by proxy to subdue us.
It is a crazy world.
Many people can’t see how the west are killing us and influencing our decision making by proxy through their established institutions like IMF, World bank, ICJ, World Trade Center etc. and also deliberately giving us more loans and loans they know we can never pay back just to have our neck deep in their butt hole and regularly subject us to devaluations and inflations.

Preach.... Tell them.
Re: How Russia Rescued The Ruble by Betscoreodds: 5:35pm On Apr 07, 2022
UpLoyo:
[s][/s]

What a load of crap.

May I ask the stupid phone or computer and the Internet you're using to type rubbish, the electricity you're enjoying, the fact that there's a satellite above your head, where did these things come from, your village?

You hate the west so much but won't stay in your own fvcking? Did you say you've been to 30 countries? grin Doing what exactly? Preaching? grin grin grin grin






. You believe fake news lol.
Re: How Russia Rescued The Ruble by francisisking: 5:47pm On Apr 07, 2022
Teaser4:
Hahahaha, dem think say rubble go crash, una never see anything…. Next sanctions go include Putin’s Dog and Bear, fvcktards
no kee me abeg
Re: How Russia Rescued The Ruble by plaindealer: 6:06pm On Apr 07, 2022
Svlla:
True

Latvia had just agreed to pay for gas with Ruoble, same with Hungary, Serbia, Turkey and Belarus if this continue and more EU joins to pay for gas in Rouble I believe it will strengthen the Rouble more

As for Rouble being the Potemkin currency, it depends on the Russian central bank and thier abilities also the Putin gamble of paying for gas with Rouble. If it works out then the Ruoble backed by gas and crude will definitely be a hard currency and several central bank in Europe, Japan, China and others will start stocking up a Rouble Reserve.

As for Russia gas supply in Europe, there's no immediate replacement of over 150BCM yearly of gas to Europe anywhere in the world.

To replace Russia gas with either the gas from US or building a pipeline from Qatar will mean these 3 things
1. There's someone somewhere not getting their gas and this may cause gas price to skyrocket.
2. Europe will have to pay more for American gas delivered to them in shipments from US, including logistics cost. Europe may have to pay up to 4times more for this gas. And still US won't be able to completely replace 150BCM of gas that EU gets from Russia
3. Gas infrastructure and pipeline from Qatar will take time to deliver and no matter the route, the nearly 7,000km gas pipeline will still encounter some encumbrances, and transit nations(Most likely Saudi Arabia, Iraq, Turkey, Central Europe nations) will be paid too.

GasRuoble may work, and it will for Russia and help their economy in the long run

modified
Current exchange
Dollar to Rouble 77
Euro to Rouble 83


It's not necessary to embellish your pro Russian story with lies and propaganda.

When you make assertions, always provide facts and documented evidence, most of the countries you claimed are buying Russian gas and paying in rubles are actually not buying anything or paying in rubles, the only countries offering to follow Putin's rubble rubbish are his puppets in Hungary and Serbia.

Please, we are here to learn educate and share credible facts and ideas, not lies and propaganda.

Btw, pipelines are not the only mode of gas transportation, the gas the US is sending to Germany did not get their by pipelines, the gas terminals they are building are not primarily for pipelines.

It doesn't even matter how you cut and dice it, Putin is losing gas money, it lost $3.6 billion in less than 1 month already so we all know it's down hill from there as the sanctions bakes in...

Paint your rosy picture as much as you want, Putin is in deep trouble and we can see the effects already.

Re: How Russia Rescued The Ruble by mjconcept(m): 6:15pm On Apr 07, 2022
CoronaVirusPro:


Popularity! grin

The question is that, how many investor want to hold value in Rubles?

Is mike telling Dangote or Elon musk to convert his financial net worth to Rubles. A currency that can dose at any giving time.

So you trade with Rubbles and use that same money to import techs in Dollars? grin

Even Russian Allie’s won’t do that, Putins move is just a kindergarten financial move.

We not talking about Pounds or Euros here, we talking Rubles.

What a Yuan could not do, and we talking Ruble.

Move cannot hold for long. It’s childish. Not from a country that still imports almost everything.

Who would have thought that the dollar will dorminate the world before WW2?
Re: How Russia Rescued The Ruble by Caseless: 6:27pm On Apr 07, 2022
seanwilliam:
All I know is that , in 6 months , Somalia will be better economically than Russia
your mumu too much
Re: How Russia Rescued The Ruble by CoronaVirusPro: 6:32pm On Apr 07, 2022
mjconcept:


Who would have thought that the dollar will dorminate the world before WW2?

Because amDollar is backed by alliances. The US did not individually put the $ on that spot, and Russsia has no such alliance. It does not even have the resource or economy

When Russia economy overtakes that of Germany, or becomes a bigger exporter than Germany, then we can start talking of a 1% chance.
Re: How Russia Rescued The Ruble by Caseless: 6:34pm On Apr 07, 2022
Svlla:
True

Latvia had just agreed to pay for gas with Ruoble, same with Hungary, Serbia, Turkey and Belarus if this continue and more EU joins to pay for gas in Rouble I believe it will strengthen the Rouble more

As for Rouble being the Potemkin currency, it depends on the Russian central bank and thier abilities also the Putin gamble of paying for gas with Rouble. If it works out then the Ruoble backed by gas and crude will definitely be a hard currency and several central bank in Europe, Japan, China and others will start stocking up a Rouble Reserve.

As for Russia gas supply in Europe, there's no immediate replacement of over 150BCM yearly of gas to Europe anywhere in the world.

To replace Russia gas with either the gas from US or building a pipeline from Qatar will mean these 3 things
1. There's someone somewhere not getting their gas and this may cause gas price to skyrocket.
2. Europe will have to pay more for American gas delivered to them in shipments from US, including logistics cost. Europe may have to pay up to 4times more for this gas. And still US won't be able to completely replace 150BCM of gas that EU gets from Russia
3. Gas infrastructure and pipeline from Qatar will take time to deliver and no matter the route, the nearly 7,000km gas pipeline will still encounter some encumbrances, and transit nations(Most likely Saudi Arabia, Iraq, Turkey, Central Europe nations) will be paid too.

GasRuoble may work, and it will for Russia and help their economy in the long run

modified
Current exchange
Dollar to Rouble 77
Euro to Rouble 83

Brilliant deposition.


Even the sanction-imposing west did not see this coming.

Russia knew what will come after them if they invade and you think they are not ready for it?

I think the aim is to have the rubles to be commodity-backed and that's what would happen even after the war has ended. Russia will include purchase of their gas as a precondition in some of the discussions. And the moment an economic powerhouse like Germany accepts to, then that's a game changer.

1 Like

Re: How Russia Rescued The Ruble by plaindealer: 7:56pm On Apr 07, 2022
Caseless:


Brilliant deposition.


Even the sanction-imposing west did not see this coming.

Russia knew what will come after them if they invade and you think they are not ready for it?

I think the aim is to have the rubles to be commodity-backed and that's what would happen even after the war has ended. Russia will include purchase of their gas as a precondition in some of the discussions. And the moment an economic powerhouse like Germany accepts to, then that's a game changer.


One can not help but laugh at the delusions and the funny things people post on NL..

Russia is in so much trouble that it can not get out of in decades.. grin grin
Re: How Russia Rescued The Ruble by Appleyard(m): 8:45pm On Apr 07, 2022
Svlla:
True

Latvia had just agreed to pay for gas with Ruoble, same with Hungary, Serbia, Turkey and Belarus if this continue and more EU joins to pay for gas in Rouble I believe it will strengthen the Rouble more

As for Rouble being the Potemkin currency, it depends on the Russian central bank and thier abilities also the Putin gamble of paying for gas with Rouble. If it works out then the Ruoble backed by gas and crude will definitely be a hard currency and several central bank in Europe, Japan, China and others will start stocking up a Rouble Reserve.

As for Russia gas supply in Europe, there's no immediate replacement of over 150BCM yearly of gas to Europe anywhere in the world.

To replace Russia gas with either the gas from US or building a pipeline from Qatar will mean these 3 things
1. There's someone somewhere not getting their gas and this may cause gas price to skyrocket.
2. Europe will have to pay more for American gas delivered to them in shipments from US, including logistics cost. Europe may have to pay up to 4times more for this gas. And still US won't be able to completely replace 150BCM of gas that EU gets from Russia
3. Gas infrastructure and pipeline from Qatar will take time to deliver and no matter the route, the nearly 7,000km gas pipeline will still encounter some encumbrances, and transit nations(Most likely Saudi Arabia, Iraq, Turkey, Central Europe nations) will be paid too.

GasRuoble may work, and it will for Russia and help their economy in the long run

modified
Current exchange
Dollar to Rouble 77
Euro to Rouble 83

Your head is right there on your shoulders. You can see clearly. It is laughable when people Europe can easily wean itself off Russian gas. Qatar have said they can never replace Russian share of the gas market. The infrastructure alone will take years to complete. And here is the real deal: no other country in the world can provide gas to the EU as such cheap rate the Russians is providing them. Any gas sold to Europe that is above the Russian price would less competitiveness on the part of European economies as their industries would have to produce on higher price rate. These are facts.

4 Likes

Re: How Russia Rescued The Ruble by plaindealer: 8:52pm On Apr 07, 2022
Appleyard:


Your head is right there on your shoulders. You can see clearly. It is laughable when people Europe can easily wean itself off Russian gas. Qatar have said they can never replace Russian share of the gas market. The infrastructure alone will take years to complete. And here is the real deal: no other country in the world can provide gas to the EU as such cheap rate the Russians is providing them. Any gas sold to Europe that is above the Russian price would less competitiveness on the part of European economies as their industries would have to produce on higher price rate. These are facts.


The fact that the EU can not stop buying Russian gas today doesn't mean they are not working hard to stop buying tomorrow or next year, it's just a matter of time so I don't know what good news is here for Russia apart from the fact that their pain is not today, but tomorrow because it's coming.

Russia itself admitted that sanctions are hitting them hard, they lost $3.6 Billion in less than a month, Imagine what they are going to lose this month, next month, and months and years after.

You, people, don't deal with facts and realities, you just make up your own story emotional, and sentimental stories that mean nothing in the real world.

1 Like 1 Share

Re: How Russia Rescued The Ruble by Caseless: 9:01pm On Apr 07, 2022
plaindealer:



One can not help but laugh at the delusions and the funny things people post on NL..

Russia is in so much trouble that it can not get out of in decades.. grin grin
Just be on the lookout.
Re: How Russia Rescued The Ruble by paafin(m): 9:24pm On Apr 07, 2022
sapientia:
The rate is fixed and maintained by their central bank

Tradings halted with high interest rate

Let's see how long they can hold it

The sanctions of 2014 though small didn't manifest in Russia till coming years

Edit: It's official, Putin Fan bots don't ever read, a look at the title and many of them are already spewing rubbish

Won't be fixed for long..

You are not among Putin's economic team..

You are only saying this base on assumptions..

I'll rather you wait and watch as things unfold rather than praying for Russia's doom which won't happen..
Re: How Russia Rescued The Ruble by sapientia(m): 9:35pm On Apr 07, 2022
paafin:


Won't be fixed for long..

You are not among Putin's economic team..

You are only saying this base on assumptions..

I'll rather you wait and watch as things unfold rather than praying for Russia's doom which won't happen..

you agreed its fixed

yet say i'm not among his economic team

So what will the economic team do?

Since you are there
Re: How Russia Rescued The Ruble by edosignature(m): 10:26pm On Apr 07, 2022
Don't underestimate the man that don't talk too much.

God bless Vladimir Putin, God bless Russia.
Re: How Russia Rescued The Ruble by Funflipper: 1:21am On Apr 08, 2022
pansophist:


Mtcheew. Smh

Are you enjoying these rights in Nigeria or in the west? Please read to understand, not read to respond. Besides, those rights are an illusion, as long as you do not threatened the powers that be.

The west gave me the opportunity to be able to enjoy those rights today which i could only dream of then; if you don't see that as something good in one's life, I can't help you man.
Re: How Russia Rescued The Ruble by Horus(m): 2:01am On Apr 08, 2022

https://www.youtube.com/watch?v=SyUMF1cPjeM

The Ruble has regained nearly all its losses since Russia's attack on Ukraine, despite sanctions

1 Like 1 Share

Re: How Russia Rescued The Ruble by kikuyu1(m): 10:27am On Apr 08, 2022
wpadmin:
This war just exposed how a lot of Nigerians PEOPLE think.

They believe everything from CNN and co.

They don't understand simple economics.

It shows that both the leaders and people are backward.

Fixed for you! Its disappointing though Africans after colonialism,debt enslavement, HIV/AIDS,911,GWOT,Iran,Ebola, false flags and proxy terror wars here etc,etc still believe all their memes!

4 Likes

Re: How Russia Rescued The Ruble by like1: 2:27pm On Apr 08, 2022
InoGetJoy:

lolz......thes Europeans you're hailing miscalculated thoroughly. They never expected things will turn out this way even with their sanctions. Riots are breaking out in European cities around the world, but you wont see it on mainstream media. US of A that is pushing for more and more sanctions are buying Russian gas from the back and selling to Europe at an inflated rate. In the end, Russia will come out stronger
Lolz....learn to read between the lines

No riot is breaking out in any European city, na few people who are of same ideology like you and some mumu Africans especially Nigerians in Europe (they should have stayed back in their country), will just carry flag and enter street to misbehave.

No sane person will support Russia attacking Ukraine in a physical war in this century, as the consequences and set back for all is brutal. No one wins, e go touch everybody. So why not go tactical, political and economical to achieve your aim.

It will touch Ukrainians and, Russians, Europeans, Americans, like virtually everyone.

Russians who are already kind of stigmatised anywhere outside Russia before now, will even get more of it with this.

Even Putin is not even at rest, if he works 12 hours a day before now, now he has to work more than 20 hours a day. He gets more security conscious of his life. And last last, his days as Russian president are numbered. He will definitely not be there in the next four years. He is setting everyone back, many in Europe and Russians wants prosperity to enjoy life, nobody wants the olden days war lifestyle. Even Putin doesn't want war in Russia, why he is also being careful. That war is totally useless, like meaningless and useless.

Nobody gains, it is a lose lose for all, both now and in the future.

1 Like 1 Share

Re: How Russia Rescued The Ruble by AlphaTaikun: 5:46am On May 07, 2022
Mynd44:
https://www.npr.org/sections/money/2022/04/05/1090920442/how-russia-rescued-the-ruble
"Grigory Potemkin" Russian rubles... grin

Insights on currency manipulations and/or protectionism in global trade during times of geopolitical tensions.
Re: How Russia Rescued The Ruble by Nobody: 9:30pm On Feb 24, 2023
V

Re: How Russia Rescued The Ruble by Antiochus(m): 4:58pm On Feb 25, 2023
seanwilliam:
All I know is that , in 6 months , Somalia will be better economically than Russia

How market na. grin
It's a year now the Russian economy is still standing may be we should give it another 6 months grin cheesy

3 Likes

Re: How Russia Rescued The Ruble by Nobody: 5:00pm On Feb 25, 2023
seanwilliam:
All I know is that , in 6 months , Somalia will be better economically than Russia
Please answer him grin

2 Likes

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