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Russia economy on the brink after China snubs gas pipeline deal in major blow for Putin
Express UK ^ | 6/3/2024 | John Varga

Posted on 06/03/2024 1:32:40 PM PDT by marcusmaximus

China delivered a devastating blow to Russia's economic prospects after refusing to commit to a Kremlin deal over future gas exports.

The Kremlin saw its gas revenues severely hit by its decision to invade Ukraine, as European countries started to introduce bans on Russian energy exports in the aftermath of the war.

Gas and oil pipeline flows to Europe have plummeted by more than eighty percent since 2022, with the state energy company Gazprom taking a US$6.9billion (£5.4billion) hit to its finances.

(Excerpt) Read more at express.co.uk ...


TOPICS: Chit/Chat
KEYWORDS: agitprop; bonechina; china; chinarussia; dramaqueen; fantasyisland; fantasyland; gaspipeline; johnvarga; landofmakebelieve; maplesyrup; russia; russiachina; superiorfilipino; zeeperporn
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To: marcusmaximus

41 posted on 06/03/2024 3:46:53 PM PDT by JonPreston ( ✌ ☮️ )
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To: AndyJackson

Maybe the “talking points” are facts?
The case we are dealing with is a report on the state of China-Russia gas negotiations. Is this a “talking point”?


42 posted on 06/03/2024 3:53:11 PM PDT by buwaya (Strategic imperatives )
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To: JonPreston

You are discussing a matter wherein everyone involved is a foreigner.

I know it doesn’t matter to you to be incoherent, but there we go.


43 posted on 06/03/2024 3:55:13 PM PDT by buwaya (Strategic imperatives )
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To: buwaya
everyone involved is a foreigner

Let me help you. We're Americans and you are from Spain. Your country is insignificant and so are you.

44 posted on 06/03/2024 4:01:24 PM PDT by JonPreston ( ✌ ☮️ )
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To: Kazan

[...government spending and investment related to the war, as well as higher consumer spending in a tight labour market...]

Government spending (to replace lost equipment), higher consumer spending (inflation), tight labor market (conscripted workers killed). Yea, sounds like it’s going well for Russia. I’m happy for you.


45 posted on 06/03/2024 4:03:51 PM PDT by Farmerbob
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To: JonPreston

What State are you from?


46 posted on 06/03/2024 4:04:09 PM PDT by buwaya (Strategic imperatives )
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To: aMorePerfectUnion

Loving the new zeeper follies ping graphics. 😂


47 posted on 06/03/2024 4:28:19 PM PDT by Allegra (Toss a zeeper in the Dnieper)
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To: AndyJackson

The KGB had a department that inserted identical lies in various countrys’ intelligence files. The stupid CIA would accept these lies because they came from multiple sources. Multiple sources is a stupid way to evaluate intelligence.


48 posted on 06/03/2024 4:45:36 PM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: Allegra

—> Loving the new zeeper follies ping graphics. 😂

Thanks FRiend!


49 posted on 06/03/2024 5:02:05 PM PDT by aMorePerfectUnion
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To: JonPreston; marcusmaximus

"marcusclimaximus Humiliated As Attempt To Stiffen Flaccid Ukrainian Front Line In Kharkov Takes 3 Days, Ends In Failure!"

Even a helping hand from Express UK fiction writer John Varga failed, and rubbed marcus the wrong way, in the end.
50 posted on 06/03/2024 5:15:24 PM PDT by kiryandil (FR Democrat Party operatives! Rally in defense of your Colombian cartel stooge Merchan!)
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To: kiryandil

hahahaha


51 posted on 06/03/2024 5:16:29 PM PDT by JonPreston ( ✌ ☮️ )
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To: Owen

Thanks, Owen!


52 posted on 06/03/2024 5:17:22 PM PDT by kiryandil (FR Democrat Party operatives! Rally in defense of your Colombian cartel stooge Merchan!)
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To: buwaya
What State are you from?

The State of Grace.

53 posted on 06/03/2024 5:17:36 PM PDT by JonPreston ( ✌ ☮️ )
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To: jacknhoo

Sex Bomb?

Just air-dropping millions of photoshops of H(e)llary with Rosie O’Donnell would destroy Russian men’s sex drive for years.


54 posted on 06/03/2024 5:23:12 PM PDT by rfp1234 (E Porcibus Unum )
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To: marcusmaximus
Midnight in Moscow

https://www.youtube.com/watch?v=o744d4mwOgQ

55 posted on 06/03/2024 5:23:25 PM PDT by woodpusher
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To: woodpusher

A much better version

https://www.youtube.com/watch?v=Zg6CfBtO_uw


56 posted on 06/03/2024 5:25:15 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: marcusmaximus

I think Russias economy is hurting, as is demonstrated by the fact that Putin recently fired his defense secretary and replaced him with an economist. The oil refineries are burning. Putin is selling his oil at below market prices to China and North Korea. Most of the nations economic production is going to the war. A large portion of the working male population is in the army being shot at in Ukraine.

That said, Russia is no more on the brink of economic collapse than Ukraine is.


57 posted on 06/03/2024 5:27:45 PM PDT by Brilliant
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To: buwaya

and maybe the report here isn’t fact. I discount it because of the channel reporting it and because there is a lot of made up lies about what is going on. So I believe non of it, especially since I don’t care whether or not it is true. We don’t have a vital national interest at stake here.


58 posted on 06/03/2024 5:40:17 PM PDT by AndyJackson
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To: JonPreston

Funny how he doesn’t seem to get around to posting the articles on China now FORMALLY BACKING RUSSIA against Ukraine. Seems to me that, with China now supporting Russia, the rest of the war will just be a formality.


59 posted on 06/03/2024 6:02:28 PM PDT by BobL
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To: TonyinLA

The story is a bunch of baloney. China needs gas more than Russia needs to sell it and nobody will build a pipeline under such conditions.


60 posted on 06/03/2024 6:06:39 PM PDT by NorseViking
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