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To: nickcarraway

“Is Russia going to eat their gas”?

No, they won’t because they have plenty of wheat and other crops.


29 posted on 04/27/2022 9:08:16 PM PDT by laplata (")
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To: laplata

You are missing the point. Russia’s economy relies on selling energy resources. They keep shrinking their potential market, and selling at a discount. Very bad for their economy.


33 posted on 04/27/2022 9:13:43 PM PDT by nickcarraway
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To: laplata; All

My understanding: Consequences of economic sanctions as of 27.04.2022

-The head of the Russian Chamber of Accounts reported that the decline of the Russian economy in 2022, according to preliminary estimates of the Ministry of Economic Development, is 8.8%.

-Annual inflation in Russia accelerated to 17.7%, in 2022 according to the basic forecast it will be 20.7%, in 2023 - over 6%.

-The real available revenues of Russians in the 1st quarter decreased by 1.2% in the annual expression.

-Due to the gap of inflation in March in Russia znizilisâ and real pensions (minus 8.3%).

-The cost of basic building materials in the Russian Federation has increased by 15-30% over the last month, said the president of the National Association of Builders (NOSTROY), which officially participates in monitoring the prices of construction resources.

-About 80 enterprises in St. Petersburg closed on the plain.

-Due to sanctions in 2022 Russia will reduce oil production by 17% - from 524 million tons to 434 million tons.

-Russia has been excluded from the World Tourism Organization.


GENNADY TIMCHENKO
The US sanctions Gennady Timchenko’s wife and two daughters, making him the wealthiest Russian oligarch with relatives targeted by restrictions
-https://news.yahoo.com/us-sanctions-gennady-timchenkos-wife-131025451.html

-Putin ally Timchenko resigns from Novatek board
https://www.reuters.com/business/putin-ally-timchenko-resigns-novatek-board-2022-03-21/

-Finland confiscated the property of the Russian oligarch. Gennadíâ Tymchenko:
https://yle.fi/news/3-12420021


61 posted on 04/27/2022 10:11:01 PM PDT by UMCRevMom@aol.com
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