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Old November 24th, 2014, 08:29 PM   #2081
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You mean, before or after we annex Poland?
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Old November 24th, 2014, 08:37 PM   #2082
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Quote:
Originally Posted by bewu1 View Post
The western business newspapers inform us that Russia is either already in recession or very close to it.
Quote:
With regard to growth, we should note that this year growth was modest but it was present nevertheless at about 0.5–0.6 percent. Next year we are planning to achieve 1.2 percent growth, the year after that 2.3 percent and 3 percent in three years. Generally, these are not the figures we would like to have but nevertheless it is growth and we are confident that we will achieve these figures.
Source.
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Old November 24th, 2014, 10:03 PM   #2083
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0.5 percent growth is very, very close to recession. It is the definition of "very close"

Government projections like that are also very often wrong.
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Old November 24th, 2014, 10:28 PM   #2084
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Russia doesn't have budget problems and I think it still has budget surplus. Yes, oil prices dropped, same as ruble/dollar exchange rates and budget revenues actually increased because of cheap ruble.
Also, industry manufacturing is speeding up since beginning of autumn, especially food processing.
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Old November 24th, 2014, 10:38 PM   #2085
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Construction of new motorway Sevastopol-Kerch (±280km) is going to be started next year

yandex translate
Quote:
The Republic has already started to design the road "Tauris" (Sevastopol Kerch), as well as land acquisition for expansion of the route.

This was announced by the transport Minister of Crimea Anatoly CURCIN.

"Highway Sevastopol-Kerch will bind us in the future with the mainland of the Russian Federation. Of course, this road will be of the first category, from four lanes to six lanes. Part of it will be covered," says CURCIN.

He also noted that currently contemplating over the layout of the course.

"This plan will coincide with existing roads, and will be held entirely in other places," said CHURKIN.

According to him, first of all changes related to the section of the route passing through Theodosius. The project is planned to be done so that the road skirted the city and no longer passed through him.

Work on the reconstruction of the route will begin in 2015.
http://sevastopol.su/news.php?id=68402
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Old November 24th, 2014, 10:39 PM   #2086
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Originally Posted by void0 View Post
Russia doesn't have budget problems and I think it still has budget surplus. Yes, oil prices dropped, same as ruble/dollar exchange rates and budget revenues actually increased because of cheap ruble.
Also, industry manufacturing is speeding up since beginning of autumn, especially food processing.
no matter how you put it cheap oil is going to impact russia badly, same with Canada. Our manufacturing is picking up, making up for oil slightly, but if oil plummets it will plummet further and faster than growth in other industries can make up for.
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Old November 24th, 2014, 10:44 PM   #2087
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Quote:
Originally Posted by Innsertnamehere View Post
no matter how you put it cheap oil is going to impact russia badly, same with Canada.
It does, but sanctions are basically nothing and don't seriously affect the economy.
But road construction won't be affected, everything will go on according to plan/schedule.
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Old November 24th, 2014, 11:01 PM   #2088
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There were a lot of protests back in 2010, monitored by international organisations with great enthusiasm, as all kind of protests in Russia.
The story was that Khimki residents were protesting against construction of new motorway through Khimki forest.

http://www.washingtonpost.com/wp-dyn...121401881.html

How this road looks like now







http://zyalt.livejournal.com/1209226.html
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Old November 24th, 2014, 11:34 PM   #2089
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There were a lot of protests back in 2010, monitored by international organisations with great enthusiasm, as all kind of protests in Russia.
The story was that Khimki residents were protesting against construction of new motorway through Khimki forest.
Most of them were not Khimki residents. Most of them were US sponsored granted agents and they all vanished from political scene immediately after elections.
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Old November 24th, 2014, 11:40 PM   #2090
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Most of them were not Khimki residents. Most of them were US sponsored granted agents and they all vanished from political scene immediately after elections.
Source?
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Old November 25th, 2014, 12:21 AM   #2091
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Quote:
Originally Posted by Innsertnamehere View Post
0.5 percent growth is very, very close to recession. It is the definition of "very close"

Government projections like that are also very often wrong.
The definition to get in recession is that a country has two (quarters) consecutive negative growth of GDP. So summa summarum, country can have negative growth annually, but still is not in recession It's stupid rule but since you are mentioning what is definiton...
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Old November 25th, 2014, 02:02 AM   #2092
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Quote:
Originally Posted by Innsertnamehere View Post
Source?
There has been few rare greenies, but they just has been used by US paid injectors.

http://www.youtube.com/watch?v=qlzrz9BkWcI
http://www.youtube.com/watch?v=paf3aq-lRBQ
http://www.youtube.com/watch?v=Npk4qQdbzvk
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Last edited by coth; November 25th, 2014 at 02:09 AM.
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Old November 25th, 2014, 02:45 AM   #2093
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bunch of youtube videos aren't going to convince me, I mean source as is an actual academic source such as a news article from a reputably independent newspaper or something. I could state that 9/11 was an inside job and link 1,000 youtube videos if I wanted, doesn't mean it was.

and yes, Russia isn't in recession. Its close, and recent oil price drops may push it into one, but we have to wait for 4th quarter numbers for that to be definitive. I know Canada is already curtailing growth projections due to oil price drops.
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Old November 25th, 2014, 07:26 AM   #2094
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Quote:
Originally Posted by Innsertnamehere View Post
no matter how you put it cheap oil is going to impact russia badly, same with Canada. Our manufacturing is picking up, making up for oil slightly, but if oil plummets it will plummet further and faster than growth in other industries can make up for.
Canada won't / can't be affected badly by oil prices - the economy is highly developed (Canada makes things other than oil) and such that consumers are important (almost like US, where low oil prices = economic boom since consumers are more than producers). Russia is highly dependent on oil and gas, and they are screwed. Not as badly as country like Saudi Arabia, but Saudi can just ramp up production to make as much money as they want at any time. Venezuela is probably the most screwed country
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Old November 27th, 2014, 05:45 PM   #2095
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Anyway that 5-lane motorway is going to look great once it's finished.
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Old November 27th, 2014, 07:57 PM   #2096
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Quote:
Originally Posted by Kanadzie View Post
Canada won't / can't be affected badly by oil prices - the economy is highly developed (Canada makes things other than oil) and such that consumers are important (almost like US, where low oil prices = economic boom since consumers are more than producers). Russia is highly dependent on oil and gas, and they are screwed. Not as badly as country like Saudi Arabia, but Saudi can just ramp up production to make as much money as they want at any time. Venezuela is probably the most screwed country
US economy is highly dependent on oil prices, as it's largest oil producer in the world. Low oil prices is death for US economy, as shale oil is 6-10 times more expensive to extract. At price below $60 US energy corporations will bankrupt very quickly.

Liquid fuel (oil, gas and their products) exports accounts more of Canadian GDP than Russian.
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Last edited by coth; November 27th, 2014 at 08:42 PM.
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Old November 27th, 2014, 09:55 PM   #2097
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US economy thrives on cheap oil.. its the basis of the american economy. the whole country is based around it.

Petroleum accounts for 16% of russian economy, compared to 8% for canada and 7% for the US.

Are there any advanced plans for large scale construction of highway corridors in Russia beyond the St. Petersburg - Moscow stretch? any plans to eventually connect to the European motorway network?
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Old November 27th, 2014, 10:17 PM   #2098
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Quote:
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Are there any advanced plans for large scale construction of highway corridors in Russia beyond the St. Petersburg - Moscow stretch? any plans to eventually connect to the European motorway network?
Plenty of those, e.g. M1 from Moscow to Belarus, or the one goes from St.Petersburg to Finland, also connection with Baltic states should be improved.
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Old November 27th, 2014, 10:29 PM   #2099
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It does, but sanctions are basically nothing and don't seriously affect the economy.
But road construction won't be affected, everything will go on according to plan/schedule.
Where this plan / schedule is available ? In English if possible.

Btw - even if according to Russian statistics, the Russian economy is still growing, the real picture may be different. My Russian client's perception of the current and future situation of the Russian economy is not as positive as the your's.
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Old November 27th, 2014, 10:53 PM   #2100
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US economy is highly dependent on oil prices, as it's largest oil producer in the world. Low oil prices is death for US economy, as shale oil is 6-10 times more expensive to extract. At price below $60 US energy corporations will bankrupt very quickly.

Liquid fuel (oil, gas and their products) exports accounts more of Canadian GDP than Russian.
This is one big propaganda here. US companies are so efficient, flexible and inventive and there is so many of them. They know how to adjust to new conditions and how to squeeze a profit out of almost anything. So don't you worry about them. Some of them maybe won't survive but there will be 10 others to fill a gap after one company collapses. You, in Russia still think like there is Soviet Union era. One or two government supported company have to run whole oil businesses in country. Let's see who is right in near future.
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