₦airaland Forum

sukkot:
used to be , but they are correcting that by foraying into africa. everything in africa is shipped from china so they dont need the usa again. once china decides to cut the usa off ? they are done. learn geopolitics bro. this is not about emotionalism

sukkot:
all the industries in the usa have been moved to china. usa produces nothing. everything in the usa is shipped from china. and usa owes china trillions of dollars. so if china decides to cut them off as decribed in the movie BIRD BOX, USA will descend into third world anarchy overnight

Ojemedad:
Please enlighten me, why do an independent country keep its money,gold and other assets in other countries?

juman:
Freezing has no effect.

Freezing means the gold will be keep in custody for some time then later after resolving issues Russia will have it back.

sukkot:
china owns the west

Jeromejnr:
What you wrote and the picture you posted doesn't even relate or help your argument.

Try again.

Cptflint:
The funny thing is that Russia gold is not even in USA not even in EU. Majority of their gold reserve is in china and Swiss...how will they freez assets not in their country..lol

Rastaramsey:
Ukraine is still standing very strong
Don't let the media keep deceiving you bro.....

5 years after the war, Ukraine won't still recover.....

MYND44issaSMOKER:
Mauripol is now in rumbles...

Vladimir Putin has lost his 15th commander as Russia continues to face stiff resistance from Ukrainian forces. Colonel Alexei Sharov was killed by Ukrainian forces in a fierce battle in Mariupol, dealing a hefty blow to the already demoralized Russian army that reportedly is now abandoning their vehicles and retreating in many parts of the country. This has been Russia's Worst Massacre of Military Brass suffered Since World War II.

Sharov's death is a major blow to the Russian forces given that he was among some of the close aides of Putin. This comes as leaked documents from Kremlin claim that more than 10,000 Russian soldiers have died since Russia's invasion on Ukraine on February 25.

Hefty Blow

News of Sharov's death comes as the Russia-Ukraine war entered its 27th day. Russia has now lost 15 commanders in less than a month, with Sharov being the sixth general to have been killed by Ukrainian forces. The death of Sharov comes as Russia continues to suffer its worst massacre of military brass since World War Two.

Sharov was commander of the 810th Guards Separate Order of Zhukov Brigade of Russia's marine corps. He was killed in Mariupol, a city in southern Ukraine where over 200,000 people are stranded owing to fierce fighting and continuous bombing by the Russian air force.

Putin's besieging soldiers are destroying the city while fighting robust Ukrainian resistance. Sharov' death was announced Ukrainian army soldier Anatoliy Stefan on social media. It is not known exactly how Sharov was killed.

Fahdiga:
Point of correction. I didn't for once believed that Buhari was dead and was replaced by a certain Jubril. Provide evidence to prove otherwise

A bipartisan group of senators is working with the Treasury Department to try to lock down Russia's roughly $132 billion in gold reserves after its invasion of Ukraine.

Why it matters: The collaborative approach is a departure from congressional efforts to shame and blame the Biden administration to shape moves on Russian oil imports, or the SWIFT banking system. If successful, it could drive more work across the aisle and along both ends of Pennsylvania Avenue, as the president balances diplomatic pressures abroad with political pressures at home.

Driving the news: Treasury Secretary Janet Yellen will meet this week with Sens. Angus King (I-Maine), John Cornyn (R-Texas), Bill Hagerty (R-Tenn.) and Maggie Hassan (D-N.H.) to discuss the legislation, people familiar with the plans told Axios.

When Axios first reported about this bill two weeks ago, Yellen’s involvement had not occurred.

Congressional offices worked with Treasury over the weekend to make some technical changes to the bill.
King said it could pass the Senate as soon as this week. Lawmakers originally wanted to slip it into the omnibus spending bill that passed this month.

A Treasury spokesperson told Axios, “Secretary Yellen regularly meets with members of Congress to discuss legislation. Additionally, Treasury staff frequently provide technical assistance on sanctions bills."

The big picture: Russia’s gold reserves can be used by its government officials and oligarchs to launder money or for foreign exchange in unregulated markets.

The Kremlin began stockpiling gold in 2014 — when the U.S. applied new sanctions for its annexation of Crimea.

Now, as the value of the ruble crashes, the Bank of Russia is starting to buy gold again, after stopping when prices spiked at the start of the pandemic.

Existing sanctions against Russia already cover any transaction involving the country's Central Bank, Ministry of Finance and National Wealth Fund — including with gold.

What they're saying: That doesn’t cover gold that's been moved or named to someone else, like a non-sanctioned Russian bank, Adam Smith, a partner at Gibson, Dunn & Crutcher and a former Obama sanctions official, told Axios. He said gold can be difficult to trace.

The legislation would apply secondary sanctions to any American entities knowingly transacting with, or transporting, gold from Russia’s central bank holdings. They'd also face sanctions if they sell gold physically or electronically in Russia.

Gold "is a fourth of their reserves, and we don't want them to be able to monetize the gold and undercut the effect of the sanctions," King told Axios.

What’s next: A bipartisan group in the House, including Reps. Elissa Slotkin (D-Mich.), Mikie Sherrill (D-N.J.), Peter Meijer (R-Mich.), Susie Lee (D-Nev.), Joe Wilson (R-S.C.) and Brian Fitzpatrick (R-Pa.) has introduced a companion bill.

President Biden also has the authority to implement such sanctions independent of Congress.

sunkoye:
I heard Russian tanks largest manufacturer have stopped production and repair due to issues with importation of spare parts major components.

The largest Airport in Russia, Sheremetyevo Airport near Moscow has sent 40% of its staff – around 7,000 people – on furlough. The decision was announced by the general director of the airport Mikhail Vasilenko.

Air traffic at Russia’s biggest airport has fallen sharply since the end of February after the Russian invasion into Ukraine and the subsequent imposed sanctions by the European Union and the United States.

Russian airlines can only operate domestically and to a few countries that didn’t impose sanctions on the country. Most airlines are not operating to/over Russia.

The airport also announced the suspension of all future investments and the closure of the third terminal in addition to the already closed terminals E and F.

Staff working at Moscow’s Domodedovo airport are transferred onto a part-time regime as the airport suffers less from the passenger drought.

In a document, Vasilenko wrote that: “the decision was announced for reasons “out of the control of the employer and employees” and in connection with a “critical decrease in passenger traffic” against the backdrop of sanctions against the Russian Federation and the closure of the airspace of a number of countries.”

Employees on furlough will still get 2/3 of their salary and can retain their job. They still have social protection and other support, a union member said.

wirinet:
You still go not get me. Stable and reliable electricity is very expensive. Ask countries that have stable power how much they pay per KWh. Now how will nigeria, a country with minimum wage of N18,000 where more than 60% of the population is said to live on 1$ per day effort to pay N100/KWh? We need to increase peoples earning power to be able to afford electricity before we can start talking about development.

SmartPolician:
Are you sure you understand the English language? You are seeing lack of patriotism again and still saying that I moved my position.

Lack of patriotism means that all (both government officials and ordinary people) don't love the country.

They would rather steal to destroy your country for their selfish gains than make efforts to see it grow economically.

If you don't understand it with this simple explanation, there's nothing else I can say.

SmartPolician:
Stop arguing.

Even those who serve in your government are not patriotic.

Everyone wants to wreck the country.

wirinet:
I disagree with tinubu. Even though he is right that electricity is crucial for economic development, it is not the most important. The most important impediment for national development is manpower. By manpower I mean practical education that provides the necessary knowledge and skills for economic activities and production. Our universities and polythechnics chunning out paper graduates with no practical or employable skills cannot develop a nation. Even if the government generates 1000Gw of electricity, they will only use it to DSTV, YouTube and for play.
Besides generating, transmitting and distributing electricity is very expensive and most Nigerians cannot afford to pay the right price for electricity and hence many people, especially businesses bypass despite electricity still being subsidized by government.

With adequate sound technical education and skill, Nigerians in collaboration with government can find other power sources - Gas, solar, wind, hydro, etc. An innovative government can power gas that is being wasted to our homes and offices for us to use ti generate out own electricity.
There are many solutions to power, we just need innovative graduates and technicians.

PrinceOfLagos:
2023 is gonna be an interesting year for the peoples party PDP. .. .. No doubt that everything is falling Into place and by God's grace, Nigerians will have cause to smile again.

PrinceOfLagos:
This desperation is too much

Tinubu, have you solved power problem in Lagos ?

SmartPolician:
Alhaji Tinubu, it's not true.

The biggest impediment to Nigeria's economic growth is lack of patriotism.

sucess001:
Who dey house abeg? Madrid abi Barca?

angelEmade:
Dont mind the slowpoke...even galatasaray will dismantle their Chelsea

aribisala0:
Guy you are weak psychologically
You really go to great extents to prove you are right and to "win". Is that how small you feel?
What was my "assertion" about your use of "actual fact" . Actually I did not express any opinion . I just asked you to "hear" it. Playback and reflect.
What you have posted is really quite amusing . Does that make you feel vindicated ? That your use of the phrase was not bizarre and incongruous? Guy give up all that crap.

Let us talk about missiles. That is the topic of this thread.

Whether your actual facts were actually the fact is not the actual fact I am actually discussing. I was actually pointing out that the submarines are not helping Ukraine and will not actually!!
Russia has enough submarines to deter any attack from NATO because of the edge it has in missile technology

aribisala0:
I am open about what I don't know . I have nothing to prove .
Hear your English "actual fact" what does that mean? Whys is Statista better than Wikipedia or better than Me ?


Like I said I have no problem accepting your facts for argument sake but they are not relevant

The issue here on this thread is A MISSILE and what it means for NATO

The reality is that there is a massacre in Mariupol right now and NATO is helpless . They have betrayed Ukraine and all their submarines are useless in this conflict