Russia & Ukraine

[M.W.]

Again your citation only supports what I have been saying.

Here are Putin's recent comments on using local currency for trade. Not that Russia has any other choice because they are effectively locked out of dollar market.

A defiant Putin renewed calls for countries to trade with Russia using local currencies in his first international appearance after the failed Wagner mutiny
https://news.yahoo.com/defiant-putin-renewed-calls-countries-040806343.html

• Vladimir Putin has touted the use of local currencies — instead of the dollar —for trade.
• At a trade summit, Putin said 80% of the Russia-China trade is now transacted in the yuan and the ruble.
• It was Putin's first international appearance since a failed mutiny in Russia two weeks ago.

Russia has again touted the use of local currencies for trade — instead of the US dollar — as the country continues to face sweeping sanctions over the Ukraine war.

On Tuesday, while speaking at a summit, President Vladimir Putin highlighted Russia's trade with China, which he said is now primarily settled in the Chinese yuan and ruble.

This was Putin's first appearance at an international event after a failed mutiny by the Wagner mercenary group two weeks ago.

"Over 80 percent of commercial transactions between Russia and the People's Republic of China are made in rubles and yuan," Putin said, according to an official English transcript of his speech at the annual meeting of the Shanghai Cooperation Organization, or SCO — an intergovernmental organization seen as an alternative to Western-led groupings. India hosted the virtual summit.

The yuan surpassed the dollar as the most used currency for Chinese cross-border transactions in March this year, per a Reuters calculation of official Chinese data.

The Russian currency was used in 40% of all export transactions with SCO countries, Putin added. Founded in 2001, SCO member countries include China, Russia, India, Pakistan, Kazakhstan, the Kyrgyz Republic, Tajikistan, Uzbekistan, and Iran.

"I would like to stress that Russia is confidently resisting and will continue to resist external pressure, sanctions, and provocations," Putin said at the summit.

Putin's push to move away from the greenback follows sweeping sanctions against Russia that have expelled the country from the US dollar-dominated global financial system.

The dollar has been the world's reserve currency since the Second World War, playing a crucial role in the world's trade. The tough restrictions against Russia spooked other countries so much that they are now lining up backup currencies for trade.

This de-dollarization play suits China, which has been trying to increase the global circulation of the yuan. Sanctioned countries like Russia and emerging nations like Argentina have recently started using the yuan for trade, primarily with China.

Chinese President Xi Jinping also proposed to expand the use of local currencies for trade among countries in the SCO, according to an official transcript of his speech at the summit.

Xi said China stands ready to work with all sides, moving toward "the right direction of economic globalization, oppose protectionism, unilateral sanctions and the overstretching of national security, and reject the moves of setting up barriers, decoupling and severing supply chains," according to an English translation of his speech carried by state broadcaster CGTN.

 

[gwb-trading]

Again your citation only supports what I have been saying.

I provided the article to provide clarification on Putin's perspective. I was not engaged in the discussion regarding Chinese and Indian currency except to point out the Russian economy is in significant decline irrespective of what currency is used in trades with China or India.

I would make the point -- that the Chinese currency transactions simply put Russia in the pocket of China. Further making Russia a vassal state of China.

 

[M.W.]

Also confirms my earlier claims that Russia far from mobilized its entire resources to the front in Ukraine. The current allocation is a drop in the bucket. So small that even a few prisoners and convicts make up the difference from the removal of an entire mercenary army. The claim by western woke media that Russia is at its limits in terms of military resources is laughable.

Putin should also conscript the unemployed vatniks from the IRA Troll Center in St. Petersburg and send them to the front.

Bloomberg: Russia eyes Chechens, convicts to avoid full mobilization
https://kyivindependent.com/bloomberg-russia-eyes-chechens-conscripts-to-avoid-full-mobilization/

Russia plans to send more Chechen fighters and convicts to the front to avoid full mobilization, Bloomberg wrote on July 5, citing European intelligence sources.

Reportedly, these reinforcements should help to fill the gap after the exit of the Wagner Group contractors.

Chechens and prisoners should provide Russian dictator Vladimir Putin with a more acceptable alternative to a full mobilization, which the dictator is determined to avoid, according to the outlet's sources.

The Kremlin announced partial mobilization last year's September as Ukrainian troops were successfully counterattacking in Kharkiv and Kherson oblasts. While Russian authorities announced the end of the mobilization on Oct. 31, reports indicate that Moscow has been continuing the process covertly.

According to Bloomberg, Ukrainian advances at Bakhmut's outskirts and the withdrawal of the Wagner fighters from the city in late May forced Moscow to concentrate large forces in the sector.

This threatens to overstretch Russian lines, leaving shortages of troops in the occupied portions of southern Ukraine, Bloomberg wrote.

Wagner Group's founder Yevgeny Prigozhin had been recruiting convicts from Russian prisons for the drawn-out siege of Bakhmut, which fell to Russian forces at the end of May.

According to the mercenary boss, one-fifth out of the 50,000 recruited prisoners have been killed in combat.

After Prigozhin's short-lived rebellion on June 23-24, the Wagner Group and its founders were set to leave for Belarus. Ukraine's military intelligence chief Kyrylo Budanov said that the mercenary group will no longer fight on the Ukrainian battlefield.

Prigozhin published a statement on June 26, promising "further victories at the front" without providing any further details.

 

[gwb-trading]

Russia is now using WWI chemical weapons.

 

[M.W.]

Dump them all in the Ukraine shit hole.

Russia is now using WWI chemical weapons.

View attachment 318272

 

[gwb-trading]

Also confirms my earlier claims that Russia far from mobilized its entire resources to the front in Ukraine. The current allocation is a drop in the bucket. So small that even a few prisoners and convicts make up the difference from the removal of an entire mercenary army. The claim by western woke media that Russia is at its limits in terms of military resources is laughable.

Russia has deployed 97% of it army to Ukraine. At this point, the Ukraine war has eliminated 50% of the Russian land-based military forces, half of its tanks, and a large portion of its air force. Is this merely a "drop in the bucket"?

Let's take a look at the recent figures on Russian losses.

 

[exGOPer]

“The Russian army has lost half of its combat effectiveness in Ukraine, including as many as 2,500 tanks, and the main push of Kyiv’s counter-offensive is still to come, the head of Britain’s armed forces has said,” the Financial Times reports.

Said Admiral Sir Tony Radakin: “Russia is now so weak that it does not have the strength for its own counter-offensive.”

 

[M.W.]

That can't possibly be true. It would open up the country to even a minor incursion at any other part of the country. Sounds more like the same bs claims than the insistence of British forces and agencies of the existence of weapons of mass destruction in Iraq. Zero credibility.

Russia has deployed 97% of it army to Ukraine. At this point, the Ukraine war has eliminated 50% of the Russian land-based military forces, half of its tanks, and a large portion of its air force. Is this merely a "drop in the bucket"?

Let's take a look at the recent figures on Russian losses.

View attachment 318273
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View attachment 318275

View attachment 318276

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View attachment 318279

 

[M.W.]

Sure, if Admiral Sir Tony Radakin says so.

“The Russian army has lost half of its combat effectiveness in Ukraine, including as many as 2,500 tanks, and the main push of Kyiv’s counter-offensive is still to come, the head of Britain’s armed forces has said,” the Financial Times reports.

Said Admiral Sir Tony Radakin: “Russia is now so weak that it does not have the strength for its own counter-offensive.”

 

[M.W.]

One of you village idiots' sources says 4062 tanks, the other 2500 tanks. Lol. But hey, those are just rounding errors in the British army. Probably why the Germans had a field day in Britain and why Tony Blair saw nothing but weapons of mass destruction. Too much lsd.