Tic... toc.... tic.... toc....
Not to worry...Biden will empty our reserve..
I’d laugh if they wound up begging Putin to use Nordstream
Did MI-6 feed that tosser this news?
Any day now
keep on coping
Hope this helps you to avoid the reality of this country nearing collapse.
I love all the UKronazis here who go after Putin while our leader can’t even talk without slurring his words.
Just got the bill for 110 gallons of Fuel oil. About $550 The price is climbing every day. This is the year that many people freeze to death.
I’m sure I’ve read this silliness before, like 25 times. What laughable DC admin hope porn.
What do you care? it doesn’t matter because Putin has already died of cancer 1000 times.
And Brandon’s sending Ukraine more weapons? IMO...Putin has every right to consider the US a military target. Which is probably exactly what the dems are hoping for...a hot war with Russia. Juust the crisis that they need to put off an unwinnable election. And really see this country go to hell even faster.
Today’s oil price is $90 a bbl. The Saudis have reduced production by 1 million bbls a day and the Russians 300,000 bbls a day. They are the world’s two largest oil exporters.
They are reducing production to boost oil prices. Say you produced 100 bbls at $70 a bbl. The revenue would be $7,000. After limiting supply, the same 100 bbls at $90 would yield $9,000.
funny stuff, freedom fries
MOSCOW (Reuters) - Russia’s oil and gas revenues, which account for around a third of total federal budget proceeds, are set to rise to around 733 billion roubles ($7.6 billion) in September, up 14% from the previous month, Reuters calculations showed on Tuesday.
The corresponding figure in September 2022 was 688 billion roubles.
The rise reflects a 24% month-on-month increase to 1.1 trillion roubles in proceeds from a mineral extraction tax, according to the calculations, based on data from industry sources and official statistics on oil and gas production, refining and supplies on domestic and international markets.
Net revenues are smaller than gross tax receipts because of reverse payments including a “damping mechanism” that subsidises companies to keep supplying the domestic market when fuel export prices are high.
The budget is expected to return some 278 billion roubles to refineries under the damping mechanism in September, according to Reuters calculations.
Proceeds from oil and gas sales are crucial for Russia’s commodity-oriented economy and for the financing of what it calls its “special military operation” in Ukraine.
The finance ministry is due to publish its data on budget revenues from oil and gas in early October.
The ministry projects these revenues this year to decline by 23% to 8.94 trillion roubles, while the budget deficit is seen at almost 3 trillion roubles, or 2% of gross domestic product.
Profiles of Select Countries by National Debt
Japan
Japan has the highest percentage of national debt in the world at 259.43% of its annual GDP. The Japanese economy experienced stagnation during the 1990s, which led to the government launching several initiatives, such as selling bonds and bailing out banks and insurance companies with low-interest credit, to help reboot the struggling economy in the 2000s. Banking institutions had to be audited, consolidated, or even nationalized.
While these actions arguably salvaged Japan’s economy, they also added greatly to the country’s national debt. Since that time, additional concerns such as the Great Recession of 2008, the 2011 Fukushima nuclear disaster, and the COVID-19 pandemic have complicated efforts to combat the country’s debt.
United States
The United States boasts both the world’s biggest national debt in terms of dollar amount and its largest economy, which resolves to a debt-to GDP ratio of approximately 128.13%. The United States’ government’s spending exceeds its income most years, and the US has not had a budget surplus since 2001. Perhaps surprisingly, the countries to which the US is most in debt are Japan, which itself has significant debt, and China, which is often viewed as the United States’ greatest economic competitor.
China
China’s national debt is currently over 10 trillion USD—however, because of China’s massive economy, the country’s debt is only 68.06% of its GDP. China’s current debt level is a significant increase from 2014, when the national debt was 41.54% of the country’s GDP. An International Monetary Fund report from 2015 stated that China’s debt was relatively low, and many economists have dismissed worries over the size of the debt both in its overall size and relative to China’s GDP. China currently has the world’s second-largest economy and the largest population, with approximately 1,425,821,667 people.
Russia
Russia’s debt ratio was one of the lowest in the world at 16.99% of its GDP in 2021—though the country’s war with Ukraine, which began in early 2022, will likely have some effect on this ratio. Russia is usually one of the ten least-indebted countries in the world. Russia’s debt is currently at a total of just over 302 billion USD. Most of Russia’s external debt is private.
Europe: eat more beans!
Beans, beans the magical fruit, the more you eat, the more you toot. The more you toot, the better you feel, so eat your beans with every meal!
Or as they say in Mexico, gassy-ass, senor”.
https://sputnikglobe.com/20230917/us-imports-of-russian-fertilizer-hit-record-944mln-1113427317.html
US Imports of Russian Fertilizer Hit Record $944Mln
06:40 GMT 17.09.2023
The previous record of Russian fertilizers imported by the US was reached last year, with the total value of purchases over seven months totaling $900Mln.
The United States achieved a new record by buying $944Mln of Russian fertilizers between January and July, according to data from the US statistical service.
Purchases in July fell three times as much as in June and nearly 40% year-on-year to $54.4Mln - the lowest level since August 2021.
Russia was the US’ second-largest supplier of fertilizer this year, the largest supplier being Canada, which exported $2.8Bln of fertilizers in seven months. Saudi Arabia, Israel, and Qatar make up the other top five countries from which the US imports fertilizer.
“Russia is struggling to be able to replace the lost revenue as they do not have the Infrastructure to convert Natural Gas to LNG and it will take DECADES to negotiate and build new pipelines. “
What a BS. There are 60 LNG plants under construction in Russia, including Europe’s biggest in Ust Luga.
I have no idea about lost revenue, but the Russian gas companies somehow manage to still pay a lot in dividend.
The volumes or gas sold are gown, true, but the incomes are likely steady, because they mostly sell LNG at market price worldwide, not pumping into Germany for penny on a dollar like they used to before.
I have no idea what pipelines are going to take long to negotiate. There is one China-bound NSII is plans and there is generally a departure towards the LNG sales and developing the Russian chemical industry to process the gas domestically.
For all the talks of Russia giving the gas away to China for free, the average price for the last year on the end of NSI was around $250 per tcm. I remember Germany getting for $40.
It is very likely that Russian gas is not returning to Europe even once the political obstacles are removed.
Except LNG, of course, but then they’d have to pay a good price to overbid other buyers.
and Putin is dying any day now,...
China’s ‘CEO Whisperers’: Chinese Communist Party Takes Over Canada!
Gatestone Institute ^ | 9/23 | Robert Williams
Posted on 9/17/2023, 9:57:25 AM by spirited irish
“When I look... at the subtle but intense influence of China on Canadian institutions — parliaments, provincial governments, local governments, universities, the intellectual community, the policy community — it makes me deadly worried,” said Australian professor Clive Hamilton, author of Hidden Hand: Exposing How the Chinese Communist Party is Reshaping the World (co-authored by Mareike Ohlberg), speaking to Canada’s National Post in 2019. “I’ve met some very well-informed Canadians who aren’t sure Canada will be able to extricate itself from this situation.”
https://pbs.twimg.com/media/ESoX5syUMAERp9K.jpg
(Excerpt) Read more at gatestoneinstitute.org ..
