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#41
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(robert arndt) wrote
Thanks for amusing us with that cleverly documented joke Alejandro. Now the facts. No funding, no fuel, no pay for your troops, rotting rusted navy, non-flying aircraft, electronic obsolescence, reduced to third place arms exporters, no supersoldier program, no firearms replacements, no new tanks, aircraft, etc... except a few new subs and missiles that hopefully won't explode while undergoing sea trials. Add to this the botched theater rescue, the inability to stop terorist bombings in Moscow, and the inability to control Chechnya... wow! Newest thing the Russian Army did for its troops was throw a "beauty contest" to recruit women! Nice. Rob http://www.russianeconomy.org/comments.html Russia has a flat-tax system of 13%. America has a progresive (communist) fiscal system. How is the US Dollar doing ? 1.25 US Dolar = 1.00 Euro In case, you do not understand, Euro is 25% stronger than US Dollar. ---------------------------------------------------------------------------- The Sunday Telegraph (UK) 4 January 2004 Why they're rushing into Russia By Liam Hannigan Liam Halligan is Economics Correspondent at Channnel Four News Had you invested in the Russian stock market at this time last year, you would be sitting, in dollar terms, on a tidy 50 per cent profit. But had you sold those same Russian investments back in October, after 10 months rather than 12, you would have made even more, reaping closer to 70 per cent. What happened in October was the dramatic arrest, at gunpoint, of Mikhail Khodorkovsky, Russia's richest man, who was chief executive of the oil giant Yukos. One of the controversial "oligarchs" who grabbed immense wealth during the chaotic and often lawless privatisations of the mid-1990s, Khodorkovsky had taken to bankrolling parties opposed to the Kremlin and had therefore become a nuisance to President Putin. The decision to jail him - on charges of tax evasion - raised eyebrows among the international investors who dominate Russia's stock market. For a few weeks shares fell, amid talk of "renationalisation" and a return to the "bad old days" of post-Communist chaos. But investor unease is starting to evaporate. Having flinched, the money men are focusing on Russia's new and coveted "investment grade" credit rating from Moody's. No matter that Khodorkovsky will remain in jail at least until late March (or after the presidential elections that are likely to give Putin a second term), the Russian market should continue to surge this year because there are many good reasons to put money into the economy. The obvious draw is the booming economy. Having spluttered since the break-up of the Soviet Union, Russia is getting into gear. The closely watched Moscow Narodny Bank manufacturing and services indices broke records last month, pointing to gross domestic product growth of 8 per cent. The economic performance has been "awesome", according to the latest analysis by UBS investment bank. "A conservative fiscal policy, huge external surpluses and rapidly rising incomes have combined with higher productivity and tax reform to transform Russia into one of the most dynamic emerging markets," it says. Since the 1998 rouble collapse, economic management has improved no end. Inflation has been squeezed and hard currency reserves hit a fresh high last month, despite fears that Khodorkovsky's arrest would spark a flight of capital. Sceptics say this success has been too dependent on high oil prices. Russia emerged during 2003 as the world's leading crude exporter, ahead of Saudi Arabia. And at near $30-a-barrel oil, Russia's energy giants - the likes of Lukoil, Gazprom and Sibneft - have bolstered equities overall. But the likelihood is that continued global recovery should boost energy demand in 2004 too, particularly in Asia, keeping oil prices firm. If that happens - and expected Opec quota cuts suggest it will - Russia's energy sector will deliver anew for investors. "The big commodities outfits here are simply faster growing and better value than any similar companies in the world," says Mattias Westman, the co-founder of Prosperity Capital Management, which runs several Russia-dedicated funds. You can see his point: Gazprom boasts a third of the world's known gas reserves, and yet is valued at only $20bn (a fraction of what a comparable Western company, if there were such a thing, would be worth). Meanwhile, there is momentum beyond energy. "The oil and gas sectors are shamed by the rates of growth in consumer spending, retail and services," says Roland Nash, the head of Research at the Moscow-based Renaissance Capital. "Each day that passes makes the economy a little less vulnerable to oil shocks." Impressive non-oil growth is seen in telecoms. Higher incomes mean 23 per cent of Russians now have mobile phones, up from just 10 per cent last year. Vimplecom, a major operator, has posted a 78 per cent rise in third-quarter profits. Russian telecoms, along with utilities, offer investment opportunities. So while the pre-trial incarceration of Khodorkovsky should not be regarded as irrelevant, international investors are more impressed by Putin's economic record than they are outraged by a bit of oligarch bashing. Anyway, investing in emerging economies has never been for the squeamish. Russia's new generation of billionaires such as Khodorkovsky are not heroes of the narod, or ordinary voters. Keeping him in jail for the presidential campaign will probably help Putin win more votes - and the unedifying truth in a country not famous for stable democracy is that that will probably add a few more points to the stock market. |
#42
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"Schelkunchik" wrote
You could take the Argentinian military from the Falklands war and kick Russia's butt. Only 200 Holy Russian warriors were sufficient to humilate the entire zio-NATO: http://www.lebensraum.org/english/zgrams/zgram_toc.html Is that funny for you, kike ? Magno |
#43
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"Alejandro Magno" wrote in message om... (robert arndt) wrote Thanks for amusing us with that cleverly documented joke Alejandro. Now the facts. No funding, no fuel, no pay for your troops, rotting rusted navy, non-flying aircraft, electronic obsolescence, reduced to third place arms exporters, no supersoldier program, no firearms replacements, no new tanks, aircraft, etc... except a few new subs and missiles that hopefully won't explode while undergoing sea trials. Add to this the botched theater rescue, the inability to stop terorist bombings in Moscow, and the inability to control Chechnya... wow! Newest thing the Russian Army did for its troops was throw a "beauty contest" to recruit women! Nice. Rob http://www.russianeconomy.org/comments.html Russia has a flat-tax system of 13%. America has a progresive (communist) fiscal system. 13% of nothing is nothing. Too bad there are only a handful of Russians that make money AND pay their taxes. How is the US Dollar doing ? 1.25 US Dolar = 1.00 Euro In case, you do not understand, Euro is 25% stronger than US Dollar. Yep. It means US goods are cheap and European exports are effectively blocked from US markets...so who needs the WTO? -------------------------------------------------------------------------- -- The Sunday Telegraph (UK) 4 January 2004 Why they're rushing into Russia By Liam Hannigan Liam Halligan is Economics Correspondent at Channnel Four News Had you invested in the Russian stock market at this time last year, you would be sitting, in dollar terms, on a tidy 50 per cent profit. But had you sold those same Russian investments back in October, after 10 months rather than 12, you would have made even more, reaping closer to 70 per cent. What happened in October was the dramatic arrest, at gunpoint, of Mikhail Khodorkovsky, Russia's richest man, who was chief executive of the oil giant Yukos. One of the controversial "oligarchs" who grabbed immense wealth during the chaotic and often lawless privatisations of the mid-1990s, Khodorkovsky had taken to bankrolling parties opposed to the Kremlin and had therefore become a nuisance to President Putin. The decision to jail him - on charges of tax evasion - raised eyebrows among the international investors who dominate Russia's stock market. For a few weeks shares fell, amid talk of "renationalisation" and a return to the "bad old days" of post-Communist chaos. But investor unease is starting to evaporate. Having flinched, the money men are focusing on Russia's new and coveted "investment grade" credit rating from Moody's. No matter that Khodorkovsky will remain in jail at least until late March (or after the presidential elections that are likely to give Putin a second term), the Russian market should continue to surge this year because there are many good reasons to put money into the economy. The obvious draw is the booming economy. Having spluttered since the break-up of the Soviet Union, Russia is getting into gear. The closely watched Moscow Narodny Bank manufacturing and services indices broke records last month, pointing to gross domestic product growth of 8 per cent. The economic performance has been "awesome", according to the latest analysis by UBS investment bank. "A conservative fiscal policy, huge external surpluses and rapidly rising incomes have combined with higher productivity and tax reform to transform Russia into one of the most dynamic emerging markets," it says. Since the 1998 rouble collapse, economic management has improved no end. Inflation has been squeezed and hard currency reserves hit a fresh high last month, despite fears that Khodorkovsky's arrest would spark a flight of capital. Sceptics say this success has been too dependent on high oil prices. Russia emerged during 2003 as the world's leading crude exporter, ahead of Saudi Arabia. And at near $30-a-barrel oil, Russia's energy giants - the likes of Lukoil, Gazprom and Sibneft - have bolstered equities overall. But the likelihood is that continued global recovery should boost energy demand in 2004 too, particularly in Asia, keeping oil prices firm. If that happens - and expected Opec quota cuts suggest it will - Russia's energy sector will deliver anew for investors. "The big commodities outfits here are simply faster growing and better value than any similar companies in the world," says Mattias Westman, the co-founder of Prosperity Capital Management, which runs several Russia-dedicated funds. You can see his point: Gazprom boasts a third of the world's known gas reserves, and yet is valued at only $20bn (a fraction of what a comparable Western company, if there were such a thing, would be worth). Meanwhile, there is momentum beyond energy. "The oil and gas sectors are shamed by the rates of growth in consumer spending, retail and services," says Roland Nash, the head of Research at the Moscow-based Renaissance Capital. "Each day that passes makes the economy a little less vulnerable to oil shocks." Impressive non-oil growth is seen in telecoms. Higher incomes mean 23 per cent of Russians now have mobile phones, up from just 10 per cent last year. Vimplecom, a major operator, has posted a 78 per cent rise in third-quarter profits. Russian telecoms, along with utilities, offer investment opportunities. So while the pre-trial incarceration of Khodorkovsky should not be regarded as irrelevant, international investors are more impressed by Putin's economic record than they are outraged by a bit of oligarch bashing. Anyway, investing in emerging economies has never been for the squeamish. Russia's new generation of billionaires such as Khodorkovsky are not heroes of the narod, or ordinary voters. Keeping him in jail for the presidential campaign will probably help Putin win more votes - and the unedifying truth in a country not famous for stable democracy is that that will probably add a few more points to the stock market. |
#44
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"Schelkunchik" wrote:
You could take the Argentinian military from the Falklands war and kick Russia's butt. Only 200 Holy Russian warriors were suffient to humilate the entire zio-NATO: http://www.lebensraum.org/english/zg...06/990614.html Is that funny for you, "happy" american ? Magno |
#45
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(Alejandro Magno)
(B2431) wrote KAL 007 ring a bell? If you are going to bash be fair about it. Dan, U. S. Air Force, retired KAL 007 "Happy" Americans using civilian aircraft to spy on the EMPIRE. Americans are not only "Happy", they are chickens, too. They send women and children in a civilian aircfraft to do a man's job. Actually the Soviet's air defense confused KAL 007 with an RC-135 that had already left the vicinity. You beloved Soviet's plan to shoot first and ask questions later resulted in the deaths of civilians. Your heroes were so proud of what they did they hid the evidence. The entire incident would not have occured if your Soviets didn't weren't in the habit of shooting aircraft down. Name one time the U.S. shot down a Soviet aircraft in U.S. air space. Dan, U. S. Air Force, retired |
#46
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"Alejandro Magno" wrote in message om... "Schelkunchik" wrote You could take the Argentinian military from the Falklands war and kick Russia's butt. Only 200 Holy Russian warriors were sufficient to humilate the entire zio-NATO: http://www.lebensraum.org/english/zgrams/zgram_toc.html Is that funny for you, kike ? Magno Why are you so ****ed up? Are you from Barcelona? |
#47
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"Alejandro Magno" wrote in message om... "Schelkunchik" wrote: You could take the Argentinian military from the Falklands war and kick Russia's butt. Only 200 Holy Russian warriors were suffient to humilate the entire zio-NATO: http://www.lebensraum.org/english/zg...06/990614.html Is that funny for you, "happy" american ? Magno You need to cut back on the olive oil enemas. |
#48
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"Alejandro Magno" wrote in message om... "Schelkunchik" wrote: You could take the Argentinian military from the Falklands war and kick Russia's butt. Only 200 Holy Russian warriors were suffient to humilate the entire zio-NATO: http://www.lebensraum.org/english/zg...06/990614.html Given that they were the ones begging for food and water from the British troops occupying Pristina you have a strange idea of who was humiliated. Keith |
#49
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(Alejandro Magno)
Date: 1/5/2004 4:43 PM Central Standard Time Message-id: "Schelkunchik" wrote You could take the Argentinian military from the Falklands war and kick Russia's butt. Only 200 Holy Russian warriors were sufficient to humilate the entire zio-NATO: http://www.lebensraum.org/english/zgrams/zgram_toc.html Is that funny for you, kike ? Magno Aha, magno shows his true colours. Now tell us ALL about ZOG and the great international Zionist conspiracies. Dan, U. S. Air Force, retired |
#50
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"Keith Willshaw" wrote in message ... "Alejandro Magno" wrote in message om... "Schelkunchik" wrote: You could take the Argentinian military from the Falklands war and kick Russia's butt. Only 200 Holy Russian warriors were suffient to humilate the entire zio-NATO: http://www.lebensraum.org/english/zg...06/990614.html Given that they were the ones begging for food and water from the British troops occupying Pristina you have a strange idea of who was humiliated. Keith Yes Al, it is funny. Very funny. The US asked Bulgaria and Romania to block Russian overflights and they did. The Russians couldn't resupply their brave heroes at Pristina and had to withdraw. If you're a world power, you don't have to go home cryin' to yo momma...but the Russians did. Bwahahhahhahahahhahahahahahahahah! |
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