@Overbom bro I do hope she's a member and @Abominable IF she is your sister (based on @horse post) then be ready for deluge of message on your PM, I maybe one of them...lolSDF getting popular these days
Miscellaneous News
- Thread starter bd popeye
- Start date
Maybe this, or...
All people have been transplanted with Yi Long Mu Si Ke/ Laogangma Microchip since their vaccinations against coivd and now the government reads our minds O.O
31 May, 2022
Ruble-yuan trade soars over 1,000%
Russia and China are ditching the US dollar in favor of national currenciesRussia and China are continuing to eliminate the US dollar from mutual trade as monthly volumes on the exchange of ruble and yuan have reportedly soared 1,067% to nearly $4 billion over the past three months.
According to Bloomberg calculations, some 25.91 billion yuan, or $3.9 billion, have been exchanged for rubles on the Moscow spot market so far in May, marking a twelvefold surge versus the volumes recorded in February, when Russia launched its military operation in Ukraine. The spike coincides with a rally in the ruble to a five-year high against the yuan and the US dollar.
Meanwhile, volume in the dollar-ruble pairing reportedly dropped to the lowest level in a decade. The ruble rallied 118% against the greenback between early March and late May, even as most traders deserted the pair amid capital controls and forced dollar sales.
“The main players in the yuan-ruble market are corporations and banks, but there is also a growing interest from retail investors,” a currency and rates strategist at Sberbank CIB, Yuri Popov, told the agency.
“The volume on the Moscow Exchange’s spot market has surged. This is due to sanctions concerns, as well as the intentions of Russia and China to encourage the usage of national currencies in bilateral trade,” he added.
The mass exodus of international brands from the sanctions-hit country have reportedly forced Russian businesses to turn to Chinese goods to replace Western imports. Meanwhile, the Chinese yuan may gain fresh impetus for internationalization just when growing tensions between Washington and Beijing are slowing that process.
No, most of the refining and extracting equipment is imported. Soviet stuff is too inefficient and rusting. This is actually one of the big looming dangers to the Russian oil industry and why there is a consensus that the production will be declining.
You heard it wrong. The prices are still way higher than they were before February 24 for most things, while wages are stagnant.
it is still most of soviet stuff even with modernized certain equipment that can be replaced once time is up. it is not some high end process that cannot developed.
They are developing Euro 6 for 13 litre diesel engine trucks. that alone is much higher end tech on this size.
i am still waiting for your claim about German electricity prices going down.
Yeah i saw her post some of my SDF posts as well, i just convinced myself that beautiful minds just think alike
.@BlackWindMnt Bro I'm jealous, you and @BoraTas had beautiful minds and it show that she chooses both of you, while me she shunted for having dirty thoughts...lolYeah i saw her post some of my SDF posts as well, i just convinced myself that beautiful minds just think alike