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Sanchez01's Posts

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European Football (EPL, UEFA, La Liga) › Re: UEFA Champions League 2021/2022 Quarter Final Draw @ 12:00 PM by Sanchez01(op): 11:53am On Mar 18, 2022
studentwriter:
no be the Bayern of 2020 be this bro.
Bayern don go down
At the league level, yes but not at the Champions League level. It's even worse at this stage now. The only team experienced enough to match them would be Real Madrid and possible Liverpool. Others will be violated.
European Football (EPL, UEFA, La Liga) › Re: UEFA Champions League 2021/2022 Quarter Final Draw @ 12:00 PM by Sanchez01(op): 11:40am On Mar 18, 2022
BigDawsNet:
Father Lord pls give us Bayern

As a Chelsea fan, I will be delighted to play Bayern Munich...

May God answer our request!!!
No true Chelsea fan is praying for this. grin
Romance › Re: Who Is Your Celebrity Crush? by Sanchez01(m): 10:47am On Mar 18, 2022
Anne Hathaway, none other.
Foreign Affairs › Re: France And Germany Dodged Russia Arms Embargo To Sell Weapons To Russia by Sanchez01(m): 10:30am On Mar 18, 2022
They sold them between 2015 - 2020, not like they sold them last week or this month. This is baseless abeg.
European Football (EPL, UEFA, La Liga) › Re: UEFA Champions League 2021/2022 Quarter Final Draw @ 12:00 PM by Sanchez01(op): 10:08am On Mar 18, 2022
garfield1:
Chelsea fans eh.Chelsea vs bayern
Everyone wants the easy way out, no? grin

They had been all week on Twitter that they want Real Madrid again. All of sudden, they've been praying to avoid Madrid grin
European Football (EPL, UEFA, La Liga) › Re: UEFA Champions League 2021/2022 Quarter Final Draw @ 12:00 PM by Sanchez01(op): 10:07am On Mar 18, 2022
youngberry001:
Liverpool vs Real madrid its wil be interesting to watch, and Man city vs Bayern munich

God pls fix that match for us.
Liverpool vs Real Madrid will be decided on their home turfs. Score a lot at home and go away to defend. Man City vs Bayern will be over in the first leg. City won't survive Bayern.
European Football (EPL, UEFA, La Liga) › Re: UEFA Champions League 2021/2022 Quarter Final Draw @ 12:00 PM by Sanchez01(op): 10:06am On Mar 18, 2022
garfield1:
You will play city or Bayern
I'd love us to play City as well. And regardless of their performance in the English league, I don't think they'll be much of a task for us.

My opinion though, I doubt UEFA would want to pair Madrid with Bayern at this stage. It's a money making clash compared to the others.
European Football (EPL, UEFA, La Liga) › Re: UEFA Champions League 2021/2022 Quarter Final Draw @ 12:00 PM by Sanchez01(op): 9:21am On Mar 18, 2022
3 English teams, 3 Spanish teams, 1 German team, and 1 Portuguese team. Whoever gets the Portuguese team qualifies without a doubt.

I would love to see us play Atletico or Benfica then Bayern Munich in the semi final round.
European Football (EPL, UEFA, La Liga) › UEFA Champions League 2021/2022 Quarter Final Draw @ 12:00 PM by Sanchez01(op): 9:13am On Mar 18, 2022
The 2021/22 UEFA Champions League quarter-final, semi-final and final draws will begin at midday CET on Friday 18 March at the House of European Football in Nyon, Switzerland.

The draws feature the eight winners from the UEFA Champions League round of 16.

Confirmed quarter-finalists

Atlético (ESP)
Bayern (GER)
Benfica (POR)
Chelsea (ENG)
Liverpool (ENG)
Manchester City (ENG)
Real Madrid (ESP)
Villarreal (ESP)

How will the Champions League quarter-final and semi-final draws work?

The draw will set the ties for the quarter-finals and semi-finals, and a draw will also be held to determine the 'home' team for the final, for procedural reasons.

The draws are open, so there is no seeding or country protection. Any team can be drawn against any other team.

The first team drawn plays its first match at home, against the second team drawn.

When do the Champions League quarter-final and semi-final ties take place?

Quarter-finals

First legs: 5/6 April
Second legs: 12/13 April

Semi-finals

First legs: 26/27 April
Second legs: 3/4 May

Final

Saturday 28 May (Stade de France, Paris)
https://www.uefa.com/news/0267-11c52a066cc9-9a592439da5f-1000--quarter-final-draw-lowdown/

Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 12:38pm On Mar 17, 2022
shogz89:
They have Siezed most if not all Russia asset outside of Russia, even those owned by citizens. They cant currently seize Russia's asset that is currently sitting in Russia, Rather it is Russia that will seize western asset currently in Russia. Russia is currently about to seize hundreds of leased commercial Aircraft.
This man!

You can't brag about what you don't know! If the contract of Russia's loans, for example state that Russia would give up its oil refineries and its products for 15 years if it is unable to pay off the loans (bonds) and their interests, then it means Russia would lose its refineries to lenders, whether or not Russian assets outside the shores of Russia are seized.

However, Russia is most likely to suffer higher interests than the above happening and their sovereign credit rating impacted. This means nations will be unwilling to lend Russia money. Russia has been agitated about their repayment today and have even claimed to have made payment to CITIbank already.

Please, enough. Haba!

Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 12:35pm On Mar 17, 2022
sapientia:
This one actually think NL is world village meeting

Think what we say here matter to Anyone
grin grin grin

On a more serious note, I worry about Nigerian youths. It is one thing not to know, it's fine. Politics and international politics doesn't excite everyone but ours is on a whole new level.

We don't know, we are totally ignorant but then we still confidently rub our ignorance almost everywhere and worse, we are dogmatic while at it.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 12:33pm On Mar 17, 2022
Oddfinder:
External reserves and debt are managed and regulated by international laws. Established by the world bank and IMF..anything else is tantamount to stealing by theUS
Now you're making me come off as a genius. EXTERNAL RESERVES ARE REGULATED AND MANAGED BY Central Banks of respective countries. Please, kill this ignorance. Please!

Ordinary CBN regulates and manages external reserves and here you are saying international laws. Set by who?

Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 12:29pm On Mar 17, 2022
helpee:
How? This guy is just spewing rubbish. All the assets are seized already... even the one belonging to oligarchs... private citizens. What assest do you now want to seize again.? Rather it is Russia than can nationalise companies like macdonald. Already, Russia already told airlines not to return planes they leased. They should be flying it for free for now. You want to take over assets you have already taken over?
I mean, you easily take the crown in the ranks of the Putin boys but let me break it down to you.

1. Russia approached American business lenders for loans (bonds).
2. Russia chose to denominate their bond in Dollars, meaning they will also pay interests in Dollars.
3. Russia signed a contract, offering some of its assets as collateral in case it defaults totally and is unable to pay back the loans (bonds).
4. If Russia defaults, interests on the bonds will shoot through the roof.
5. When it does, Russia would be in trouble as the lenders will declare Russia a defaulter.
6. If No 5 happens, the lenders will seize Russia's assets used as collaterals in securing the bonds.
7. The assets, depending on the terms of the contract signed could be in Russia or outside of Russia.
8. Note that the lenders here are not the United States government or its close tied agencies. They are financial institutions operating in the United States and could be owned by Americans.


Just take your time, think for a minute and digest the points above. Perhaps you will understand better.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 12:19pm On Mar 17, 2022
sapientia:
Putin Fan Bots have taken the crown from Buhari Zombies

And most time, they are one and same

Reading everything this thread destroyed some of my brain cells
BMC's are better than Putin bots. These ones are mentally lazy to think for a minute. All they know or want to believe is that Russia will win against the United States. Finance, economy, sanctions, international relations and economic wars are too much for them to comprehend. It's exhausting.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 12:17pm On Mar 17, 2022
Oddfinder:
America is not IMF or World bank
Russia have not committed any financial crime or monetary malpractice to warrant sanctions against their reserves thus making those sanctions useless..
Just watch as events unfold and learn a thing or two about how manipulative and oppressive ur masters, US are
Russia's external reserve is hidden away in the United States. The United States sanctioned Russia and froze its external reserve, meaning Russia's $300 billion is not theirs at the moment. In theory, Russia has $300 billion external reserve in the United States. Technically, Russia is semi broke.

The United States does not need to be the IMF or World Bank to sanction a war mongering country.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 12:12pm On Mar 17, 2022
shogz89:
Kindly explain to me the ignorance, i want to learn.
You have been claiming Russia can easily print Ruble and pay their creditors easily but that is impossible. They signed a deal and Russia decided it would pay in USD in the contract. This means anything short of the Dollar is default. It is ignorance to think Russia can print Russian Rubles (monies) and take them in million bags to their creditors. The bond is denominated in Dollars. They must pay back in Dollars, nothing more, nothing less.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 12:10pm On Mar 17, 2022
shogz89:
who is a Putin Boy,, i am pointing it out to you that what ever reason you think you have to justify printing more Dollars, Any other county can as well do it. Nigeria printed for a reason, and if need be Russia will print, weather you feel its right or wrong its nobody's concern. I am just against hypocrisy in whatever form. you think its only Russia that is being affected by the impact of the sanctions.

if they cant pay the bonds in Rubbles, they will wait till the sanction is over.. Abi tell me what will they do ?
If Russia is unable to pay in Dollars, they will default without a doubt and that means their assets whether in Russia or outside of Russia will be seized on the spot and become the temporal assets of the lenders/investors.

You still don't understand why Russia is running helter skelter over this and it's strange that you don't understand what a sovereign default is capable of unleashing on any nation.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 11:40am On Mar 17, 2022
helpee:
Yes. It is very valid.. Who made america the efcc? Even if the Efcc freezes your account and you have debt obligations, just present evidence your account is frozen. No court in the world will penalize you for that.
Can someone please help me explain to this gentleman man? I'm tired already.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 11:39am On Mar 17, 2022
shogz89:
Russia can print rubble and pay rubble if they don't have access to their reserve to pay their western creditors. Any western creditor that doesn't accept it will wait until the sanction is off.
And you're still peddling this ignorance?! Dude!
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 11:38am On Mar 17, 2022
shogz89:
lol.. so why is inflation affecting America now? Look at the way you are justifying printing a whooping 3 trillion dollars just to drive down interest rate.
Justifying? Because I explained what they used the printed $3 trillion for? For the record more than 80% of the USD is outside the United States.

You people criticized Nigeria for printing more money couple of years ago.
I know where you are headed already but you are grossly mistaken. Printing more money isn't the problem. The question, is what would the monies be used for? The US printed to invest bonds and make businesses and business owners borrow more. Nigeria, on the other hand, printed to pay state governments and worse, WE SPENT N58.6b to print a meagre N2b! You don't print notes to circulate just because the economy is bad.

Russia can print rubbles and pay in rubbles if their foreign reserve remain sanctioned and there is nothing any creditor can do about it. Otherwise they wont get a dime until the sanction is relaxed.
ALL of you PUTIN BOYS have one thing in common and it is the fact that you don't understand what you argue or fight over but still fight anyways. Even if Putin prints Russian Rubles that can fill the whole of Russia, he can't pay with them because Russia's bond was denominated in Dollars. Attempting to pay in Ruble is automatic default. You're supposed to know this but no, you embody the classic PUTIN BOYS.

All the best.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 11:12am On Mar 17, 2022
Invitationn:
It's valid.
The knowledge of their frozen assets is public.
International nvestors can't pretend they don't know.
Also, there's another plan to pay them in rouble if the foreign assets remain frozen.
The condition of their bond is to pay in USD. They chose that. They will automatically default if they move to pay in Ruble.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 10:20am On Mar 17, 2022
mrvitalis:
Stop saying what u don't know
Your father sized my reserve and u still expect me to pay you ?

I have approved the payment it's left for the west to allow their companies suffer or not
Just stick to PDP/APC bants. This is beyond your thought process.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 10:08am On Mar 17, 2022
mrvitalis:
If u are owing CBN and CBN freeze your account should u still pay CBN ?
Except the Euro bonds are NOT owned by the US government but by companies, mostly financial institutions. Just because they are in the United States does not make them government controlled.

And note, Euro bonds can be issued anywhere and denominated in any currency. Russia Euro bond's could have been issued in China and denominated in US dollars.

A sanction on Russia's reserves led them here and as much as they are struggling to even the fight, it is ridiculous to issue a cheque to your lenders and ask them to go meet the entity that froze your assets just because you want to pay.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 10:00am On Mar 17, 2022
danteg:
Please I'm kinda confused, this might be a stupid question but why do countries not house their own foreign reserve on their own soil or is that the prerequisite of a foreign reserve. Is it like a Nigerian opening an account in Ghana and saving in Ghana cedis, won't it be possible to create the account in Nigeria and save in that currency, just like we do with a dollar account?
No. It is actually called foreign exchange reserves and below is how and why it works:

Foreign exchange reserves can include banknotes, deposits, bonds, treasury bills and other government securities. These assets serve many purposes but are most significantly held to ensure that a central government agency has backup funds if their national currency rapidly devalues or becomes all together insolvent.

It is a common practice in countries around the world for their central bank to hold a significant amount of reserves in their foreign exchange. Most of these reserves are held in the U.S. dollar since it is the most traded currency in the world. It is not uncommon for the foreign exchange reserves to be made up of the British pound (GBP), the euro (EUR), the Chinese yuan (CNY) or the Japanese yen (JPY) as well.

Economists believe that it is better to hold the foreign exchange reserves in a currency that is not directly connected to the country’s own currency in order to provide a barrier should there be a market shock.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 9:56am On Mar 17, 2022
buJu234:
When u have nuclear weapons u can really do anything and say anything..

Can a non nuclear power nation say this??

Without the creditor nations going after them via seizing their foreign assets like they did to Argentina, India Airways etc
They will seize the living nonsense from Russia. Just wait and let their lenders declare them as a defaulter.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 9:54am On Mar 17, 2022
shogz89:
US have been printing more dollars for years.. grin
True and they printed snout $3 trillion or more just last year. That said, printed monies were pumped into the economy by buying bonds from financial institutions.

The idea behind putting money into the economy as in the case of the United States was to drive down interest rates and hope that people and businesses borrow and spend more, and in the process revive the American economy. More importantly, the demand for the USD will always make them print more as it is almost a global currency.

Not in case of Russia and its Ruble. If that happens, the currency's value would plunged the moment the new monies are released and would create a pin sharp inflation instantly. An African country tried this, thinking it would solve their financial problems economically. We all know what is happening to their economy now.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 9:47am On Mar 17, 2022
GerogeI:
You do not understand because you are one of the minions who think somebody somewhere in the Americas owns the whole world and can sanction you.

Your analysis are wack because as a citizen you are subject to a government, so your account can be frozen as the government is superior to you.

Russia is a sovereign government, US is an equal colleague. US cannot punish or pass judgement on an equal government. So Russia is simply saying for all our debtors who are in the US, or Europe, we have made available your money, hold your home government responsible if they block the funds from flowing into your accounts.


This way, the US and allies will be shooting them selves in the foot by their sanctions, just like they did with oil. Since they will only be punishing their own citizens only. So Russia will hence forth be using the so called frozen funds to be paying their debtors from western countries.
You just need to look for your economics teacher and hunt him/her down.

This frozen asset is as a result of a sanction. I'm sure you know what that means? Just as a sovereign government can stroll into another and start wreaking havoc is the same way another can sit on your resources/treasury in their land.

Re-read what you've written, take your time, go online and read more materials on nations, sanctions, debts and assets. Then come back for a sound argument and not this that looks like one cooked up fantasy in game house.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 9:40am On Mar 17, 2022
pmc01:
The option is to honour the "cheque" then.
No. The US has no obligation to honour the cheque. Russia is the debtor and it must pay. It is due today and it might get worse for them here one out. We talking about $150 billion default nightmare for Russia.

The United States anticipated this and carefully waited for this to happen.

What's worse is the sharp rise interest on the default, foreign assets seizure (already seized via sanctions), political pressure from its own domestic bondholders and being cut off from future bonds. We are talking almost instant chaos in Russia and its economy.

All the US needs to drive the last nail in is to announce that Russia has defaulted.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 9:09am On Mar 17, 2022
pmc01:
Then it goes to arbitration and the authority who froze it have to legally justify why the accounts were frozen. Where there economic infractions/foul play or will the legal appeal be based on emotions?!

It's like the EFCC coming to court to say a firm's accounts were frozen cos Buhari doesn't like the looks of their MD.
It is as a result of SANCTIONS. I do hope you understand that. It is an economic war as a result of a physical war. This won't go into arbitration and the United States does not, unfortunately, need to justify why Russia's reserve was frozen, just as other allied nations do not need to give reasons why they sanctioned Russia and the sanctions impact Russia's economy.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 9:05am On Mar 17, 2022
Mynd44:
This is different as this is about countries and not individuals.

The bondholders are Americans etc whose countries froze the accounts. These countries also froze accounts of people who are not even linked to the war atlethes etc.

Now Russia is doing the same. The West imposed sanctions so the people cann pressure Putin. Putin has also held these funds there so the bondholders can pressure US and co to lift the sanctions
It is not different. Just because the bondholders are Americans does not cushion the effect or the fact that Russia's assets and half of their reserve in US care was long frozen before they asked the bondholders to get their money from US.

It would be ridiculous for the Bondholders to approach the US because the logic is simple. A simple timeline check would reveal a whole lot about why Russia is jonzing at the moment. When did the US freeze Russia's assets and reserve? When did Russia write to the US to allow them access their reserve in other to pay bondholders.

It is war, bros and it is obvious the US is bent on an economic war, which, fortunately, a whole lot of NATO and EU countries align with the US on this, whether fair or not. Russia might have the money to pay bondholders and creditors but it is not theirs to spend at the moment. You can't spend or access a frozen treasury, just as you can't direct your creditors to hold the person who freezes your account responsible for not paying them. It's simple.
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 8:58am On Mar 17, 2022
MangekyoAlt:
Russia's debt is actually smaller than I expected. Meanwhile USA's external debt is bigger than their entire GDP. 20.94 trillion USD to 30 trillion USD debt grin
Imagine say na USA receive these sanctions wey russia receive. There would've been no hope for their stupid asses
The US economy is extremely huge and the biggest in the world. Russia's debt is smaller because it doesn't have half the economy of the United States and doesn't exactly spend or use the USD as their currency. Their currency is about N6 max (at its peak).

Besides, a country's external debt does not translate into being poor or wealthy. That Russia's external debt is smaller compared to the United States' does not mean it has better economy than the North American country.

Just because I am debt free or owe a bank N400,000 does not mean I am richer or wealthier than Dangote who owes $1 billion. I hope you understand?
Foreign Affairs › Re: Anton Siluanov: Russia Made Bond Payment, Now Up To US To Pay Bondholders by Sanchez01(m): 8:53am On Mar 17, 2022
Kingpele:
They don't want u to access their currency, so use your useless rubles to service your debt. Is not by force to use someone property
And where will they pull the Ruble from if I may ask? Print more money? Their reserves isn't theirs to control because it has been frozen and currently unavailable for use.

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