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Credit rating agency Fitch Ratings said Ukraine's gross domestic product will decline by 5% in 2014, as the ongoing political crisis in the country continues to weigh on its economy.
Even if Ukraine's presidential election offers some support to its sovereign credit profile by reducing near-term political uncertainty, it is not likely to lessen its economic woes, Fitch said.
"Ukraine's most pressing problems include insurgency in the east, the dispute with Russia over gas payments, adhering to its IMF programme, and maintaining reserves while meeting external funding needs," the rating agency said in a statement.
No worries i was just being a smart alec to the pro russians anyway. I swear the propaganda in here is so thick you could cut it with a laser. Its why im not posting as i did.
originally posted by: tsurfer2000h
a reply to: Xcathdra
Putin’s Shift on Ukraine Result of His Visit to Beijing, Kazan Editor Says
How would you like to be fly on the wall during those talks?
Interesting how it does look as though the bully got bullied themselves.
originally posted by: victor7
a reply to: Xcathdra
It is the West that is bankrupt
Mere $100B of more military equipment for Russia and China each, West will not be able to handle new military threats to its dominance. Russia and China will CHOKE your economies this way alone !!!
Ukraine had 25 years with $200B in subsidies from Russia. Still could not make it......hence will not make it !!
Russia has secured its bets by coming to deal with China. Now it can play hardball with EU soon. Either EU stops towing AngloSaxon (US and UK) lines or stand ready to pay the economic price.
Other than Germany, majority of EU economies are in shambles.
Only about time the middle class of EU nations tell the US to butt out of European affairs. Cold war was long over in 1991 but the US hardline towards Russia did not end.
This can lead to serious weakening of the US of A in many respects.
While it might sound funny to folks on ATS, but me personally do not want US to go down the economic, political and military gutter drains.
US just needs to modify its foreign policy by 20% and world is a beautiful place.
For the better of the humanity, US and its way of life need to be in the lead.............with 20% modification.
UNITED NATIONS, June 01, 4:33 /ITAR-TASS/. Russia is taking over the U.N. Security Council chairmanship from South Korea on June 1 and will hand it over to Rwanda on July 1.
Russia’s U.N. Ambassador Vitaly Churkin told Russian journalists at the United Nations headquarters that the Security Council’s schedule would be busy and intensive.
Sadly both Russia and china added 100 billion still doesnt equal what the US spends on military. US spent 640 billion china spent 188 and Russia spent 87.8 by the way Russian economy couldnt handle spending another 100 billion the 87 billion was already 4.1 percent of GDP. Where the United States economically dwarfs both China and Russia even at 640 billion thats still only 3.8 GDP.
originally posted by: dragonridr
I thought this was funny apparently i could make alot of money in Russia making there drones look cooler. Everyone has seen the predator drone while Russia drone looks like King Kong should be under it swinging at it. Ant way the SBU claims they shot this down with some secret weapon im betting it crashed and they found it.
news.vice.com...
originally posted by: victor7
a reply to: dragonridr
Sadly both Russia and china added 100 billion still doesnt equal what the US spends on military. US spent 640 billion china spent 188 and Russia spent 87.8 by the way Russian economy couldnt handle spending another 100 billion the 87 billion was already 4.1 percent of GDP. Where the United States economically dwarfs both China and Russia even at 640 billion thats still only 3.8 GDP.
$10B one time investment into crucial areas of Russian and Chinese military can very easily add to their current strength by 20% or more for years and years down the road, without even adding any new equipment.
Do not throw the useless numbers based on the 'layman's logic'.
originally posted by: SurrenderingAmerica
Russia takes over the U.N. Security Council
UNITED NATIONS, June 01, 4:33 /ITAR-TASS/. Russia is taking over the U.N. Security Council chairmanship from South Korea on June 1 and will hand it over to Rwanda on July 1.
Russia’s U.N. Ambassador Vitaly Churkin told Russian journalists at the United Nations headquarters that the Security Council’s schedule would be busy and intensive.
a reply to: Xcathdra
in order for Russia to increase its military spending it will need to either raise taxes, export more products or decrease domestic spending to off set.
originally posted by: victor7
a reply to: Xcathdra
in order for Russia to increase its military spending it will need to either raise taxes, export more products or decrease domestic spending to off set.
Or cut down on corruption and capital flight from the country averaging good $50B a year !!
TO RUSSIA WITHOUT LOVE
Putin’s Ukraine gambit has vaporized $25 billion in hedge fund investments in Russia
By Mark DeCambre @mdecambre May 30, 2014
qz.com...
a reply to: dragonridr
Russia already lost over 25 billion in investments in one month. So i dont think your idea is really based in reality only wishful thinking.
originally posted by: victor7
a reply to: dragonridr
Russia already lost over 25 billion in investments in one month. So i dont think your idea is really based in reality only wishful thinking.
You have definitely run out of ideas to present for the arguement.
That's because your position is on the weak platform to begin with !!