It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Well that's an interesting point of view "used to famine"? Do you read what you're writing? You say the people don't matter as long as their "leaders" survive.
There are charming intelligent and decent Russian people, why should they have to suffer for a tiny clique that's incapable of accepting that the future lies in global cooperation?
originally posted by: Peeple
a reply to: tavi45
Well that's an interesting point of view "used to famine"? Do you read what you're writing? You say the people don't matter as long as their "leaders" survive. Sorry I totally disagree, kill the leaders and the people will survive. There are charming intelligent and decent Russian people, why should they have to suffer for a tiny clique that's incapable of accepting that the future lies in global cooperation?
originally posted by: Peeple
a reply to: hopenotfeariswhatweneed
I'm no slave, to no one and never, I do what I want, when I want it and where I want, like everybody should. I create my own opportunities it takes a while sometimes, but if I want to I am unstoppable.
Also, sorry if that blows your mind,so behold: there are more countries having a say in global politics than just Russia and the US, souveraign states...and a lot of them 193, if you want to know the truth.
@hopenotfeariswhatweneed: I don't posses anything, but a little money, I don't bother with things like "household" and am totally in charge. Why so hostile? Jealous?
n an Oct. 1 interview with Kathleen Wells of KCAA (southern California), Ray discussed the unimpeachable evidence that the U.S. orchestrated the coup d’état in Ukraine on Feb. 22, 2014 (one regime change too many for Moscow’s leaders); what drives the U.S. and NATO regarding Ukraine; the strategic importance of Crimea and, specifically, how Russian leaders look at the threat posed by U.S. plans for ship-borne missile defense systems; the (sad) demise of the 4th Estate and the (hope-giving) rise of the 5th.
Interview goes to minute 56:20, with two chunks devoted to commercials. (These can be avoided by fast-forwarding from minute 20:45 to 25:00; and from minute 38:20 to 42:40)
Since September 2012 Russia has been quietly building up its gold reserves, hitting 1,149.8 tonnes last month — it's highest level since 1993. In the process the country has overtaken both Switzerland and China on its way to amassing the sixth largest gold reserve pile in the world.
This was part of a sensible strategy to diversify its foreign exchange reserves (currently $439 billion in size), which were overwhelmingly held in dollars and euros. Despite the huge increase, gold still accounted for only 9.7% of the country's total reserves as at the end of June — though recent spending by the central bank to defend the rouble is likely to have increased its share.
Russia's international reserves have fallen from $509 billion at the start of the year to $439 billion at October 24, as the central bank has bought roubles to soften the currency's decline against the dollar and the euro. This has raised concerns that, if sanctions continue and the country's reserves fall further, it could threaten the country's ability to import crucial goods and services.
Unfortunately for the government the announcement could not have been worse timed. Gold is getting crushed. It hit $1,140 per ounce on Wednesday, down by about 2.3%. At one point it got as low as $1,137, its lowest level since April 2010. Selling into a falling market would fail Investing 101.
The fact that it was raised, however, demonstrates just how nervous markets are about the country's fortunes with oil prices remaining below the $90 level required to balance the country's budget. Oil and gas revenues still account for almost half of Russia's federal budget along with 10% of the country's GDP.
Russia's Ministry of Finance is set to propose spending cuts of about 10% of the country's budget for 2015-2018. Finance minister Anton Siluanov said that although the government could dip into its reserve fund to meet its spending commitments, "reserves are not infinite, and the poor economic situation may be protracted".
There are no facts to be had. The Western propaganda machine is pretty powerful. Or do you think that Western media is still independent and unbiased?