Not surprised your loitering around that sewer stepho..
Crickets indeed..
stephen moran
Bipartisan bill to ban Russian oil imports in works – US Senator Joe Manchin
U.S. hits Russian oil refining sector, slaps export curbs on Belarus
Me So Harney
Yawn..
Putin sells to China and other bric countries dedolarizing further the flakey petrodollar..
You’ll have to try harder there stepho..
stephen moran
I’ve been hearing the jaded de- Dollarization trope since the US went off the gold standard . 4% of global trade is invoiced in CNY ! Why ? Because NO ONE has a CNY account. Go down to your AIB business manger tomorrow and try an open one. Better still call BNP. JPM, Barclays, Soc Gen, ING whoever it doesn’t matter- they wont be able to help you either. No one wants CNY, INR and certainly not rubles anyway. It takes about 2 years to open a CNY onshore a/c and you can’t actually have one in your own name only via a nominee bank and it has to be in mainland China. Even then your entity has to be a quasi sovereign to be even considered for such permission to be granted by the authorities – that is why it is not going to happen before Putin is doing a Lenin impersonation – actually hopefully it will be more a Trotsky one. I hope that clarifies the situation.
As I said earlier – coup soon or Mugabe situation?… only time will tell…
Let’s see how long the Oligarchs (that’s a nice word for the Billionaire class… or are they the good kind of Billionaire class BS Putineenies?…) can do without their yatchs
Guys this is just bargain basement propaganda. If you’re unable to recognise that, you’re showing yourselves to be out of your depth.
You can’t take an article seriously that in the first sentence is already reaching for the “this is what QAnon conspiracy theorists think” smear. The first paragraph is just a strawman.
To give an analogy, it’s akin to saying back in 2019:
“Chinese bots and conspiracy theorists have been spreading online rumours that Geoffrey Epstein has an island where he keeps 1000s of teenage girls under lock and key, each one chosen by Bill Gates. It’s an entirely discredited theory. Our verdict: false.” Ha all you fools who believed that child sex trafficking went on on Epstein’s island!
I couldn’t read past the second paragraph as it’s behind a firewall. Are you a subscriber to ‘Foreign Policy’? How does the article develop? The first two paragraphs have no real substance.
As for the Polifact “fact checker” article, it just consists of quotes from former and present US government officials asserting that the US has no bioweapons program. If you’re naive enough to buy into that, then can I interest you in this lovely bridge I’m selling?
Nigel
‘The first paragraph is just a strawman.’
Except that it IS what Qanon theorists think. Other people think it too, and try to ignore its Qanon trappings, or pretend it isn’t happening.
‘To give an analogy’
Qanon glommed onto mainstream news exposing Esptein’s cosy deal and revisited his on-the-record lifestyle and connections and grafted it onto their existing conspiracy framework – it’s more like complaining that associating Qanon with the idea of global elites harvesting children for adrenochrome is a smear.
‘If you’re naive enough to buy into that,’
You don’t have to buy into it, you just have to point to the complete lack of evidence proving otherwise.
Fearganainm
The article isn’t behind a firewall/paywall/subscription wall. It’s all available to read:
Lots of detail about the source of the breadcrumbs the Putinbots have been hoovering up and spitting out.
f_lawless
@Fearganainm
When you’re resorting to dehumanising labels, you’re already losing the argument but regarding that article, the core premise seems to be that the US military aren’t engaging in any offensive biowarfare operations by setting up and funding biolabs strategically positioned in various countries close to Russia’s borders. That’s it’s all merely a defensive reaction. You’d have to be very green behind the ears to accept that.
..Governments that participate in such biological weapon research generally distinguish between “biowarfare” and “biodefense,” as if to paint such “defense” programs as necessary. But this is rhetorical sleight-of-hand; the two concepts are largely indistinguishable.
..”Biodefense” implies tacit biowarfare, breeding more dangerous pathogens for the alleged purpose of finding a way to fight them. While this work appears to have succeeded in creating deadly and infectious agents, including deadlier flu strains, such “defense” research is impotent in its ability to defend us from this pandemic.
“The legal scholar who drafted the main U.S. law on the subject, Francis Boyle, warned in his 2005 book “Biowarfare and Terrorism” that an “illegal biological arms race with potentially catastrophic consequences” was underway, largely driven by the U.S. government.
Boyle in 2015: ‘Since September 11, 2001, we (the US) have spent around $100 billion on biological warfare. Effectively we now have an Offensive Biological Warfare Industry in this country that violates the Biological Weapons Convention and my Biological Weapons Anti-Terrorism Act of 1989.
Boyle contin: ‘Russia and China have undoubtedly reached the same conclusions I have derived from the same open and public sources, and have responded in kind. So what the world now witnesses is an all-out offensive biological warfare arms race among the major military powers of the world: United States, Russia, Britain, France, China, Israel, inter alia.’
Nigel
It’s ‘green’ to believe the US military but not ‘green’ to believe and promote obvious pro-war propaganda?
You know what would be weird to put right next to the border of a belligirent totalitarian nation state who loves interfering with its weaker neighbours? Your top secret bioweapons labs. You know what might be smart to have near the border of a belligerent totalitarian nation state with known bioweapons capabilities who loves interfering with is neighbours? Biolabs developing clean-up agents and countermeasures against bioweapons. You know what Putin and his online supporters love doing? Lying through their teeth.
Fearganainm
@ f_lawless
You’re a bot. That’s all you are. A water carrier for right-wing websites, conspiracy theorists and cranks.
It’s what you’ve always been.
None of your pet themes originate with you, you suck them up and regurgitate them here unthinkingly. Your latest thing is recycling Russian propaganda. You’re just a dupe.
And what is your interest in spraying an Irish site with such garbage? Lawless is an Old English/Old Norse name, its presence in Ireland stemming from Sasanach invasions and plantations. No surpise to find you dumping propaganda on behalf of foreign interests…
Your comment above is steeped in psychological projection.
Why do you always resort to ad hominem and name calling, the two lowest forms of disagreement.? You’re not doing yourself any favours. It just gives the impression of someone who’s insecure and out of their depth.
Human rights lawyer, Francis Boyle, the man who who drafted the legislation in the US for their Biological Weapons Anti-Terrorism Act of 1989, is a Russian bot when he criticises the US for escalating an illegal biowarfare arms race? That seems to be the way your mind works.
Fearganainm
Don’t come looking for any polite debate from me. You are what you are and get the tone that you deserve. You’re a lowly propaganda merchant, that’s all.
Your current shtick is all about trying to justify an illegal war and the deaths and injuries of thousands of people.
Is breá nach bhfuil náire ort
stephen moran
38 countries urge ICC to investigate Russia’s war crimes – historically this is the largest ever single complaint
JP Morgan: Russia risks default on public debt.
The stinger anti aircraft missiles that @POTUS approved Saturday as part of that $350m military aid package have begun arriving in Ukraine. 200 have been delivered & “hundreds more” are being sent by the US multiple officials tell me
EU to include crypto currencies in Russia sanctions
Ukrainian intelligence reports that Putin will impose martial law tomorrow in Russia.
Big day for two states that traditionally have had close ties to Russia.
-Serbia votes in favour of an UN General Assembly resolution condemning Russia’s invasion of Ukraine
– Bulgaria expels two Russian diplomats for alleged espionage – a long way from the days of the poisoned umbrella urban myths
The Japanese Foreign Ministry has stated that Japan considers the southern Kuril Islands occupied by Russia.
The ministry stressed that the occupation contradicts international law and added “as does the ongoing Russian army attack on Ukraine”
$600 million super-yacht the Germans have seized from Russian billionaire Usmanov, in Hamburg, Germany.
stephen moran
Things an armchair observer like me assumed would happen during the initial phase of this invasion
1. Russian defence reforms since Georgia would have kicked in and we’d see an effective, well-oiled force, with good communications, a clear battle plan and no supply lines issues
2, Troops used in the first waves would be elite units – the creme de la creme of the Russian armed forces
2. Russia would have a well oil sleek effective PR / Propaganda campaign ready to roll out
2. War would open with shock & awe
3. Russia would quickly gain air superiority
4. Ukraine would struggle to hold out and quickly have to resort to an insurgency.
5. Arms supply from abroad would be covert and piecemeal rather than in your face overt, bespoke and plentiful
Every single one of those assumptions has been blown out of the water – sometimes your glad to be wrong
Mad
Please bore off
You were a nobody before this who occasionally commented on the music threads and we liked it that way
stephen moran
“We” ???? – terrible when a few facts challenge your cognitive biases – I’m ever sorry to be disturbing a cozy clique in an echo chamber
Mad
I’d love that when that happens.
In the meantime please stick to the music which you were good at, you’re not an expert on Russia or even very good at explaining finance; you’re a crushing bore clogging up the threads in the most self-indulgent manner.
Kali
No hes spot on. You’ve got one topic, give out about Russia. There’s a lot of irony in you calling out cognitive bias in others when you’re obsessed with the one story
Mad
+1
And it’s all propaganda anyway
paddy apathy
Mad bad and sad.
Keep it up Mr Moran!
Gerry
I think his comment was interesting, relevant and factual, unlike your ad hominem response
Broadbag
+1 ‘We’ find stephen moran’s contributions very interesting and a welcome antidote to conspiraloon ramblings, fake news and endless ”lolololol” posts.
Mad
Stephen and lolol are two cheeks of the same..
Fergalito
Agreed – keep posting.
Anyone who thinks it’s boring or who doesn’t like what you have to say can colour in their colouring book or keep scrolling. If you’re peeing off at least one person’s view of the world then that’s endorsement enough.
Mise
Is this not a comments section
The Millie Obnoxious™
No, it’s a dictatorship.
Now back to work, peasant.
Hughie Luas
You forgot to plug in your chair.
Nigel
Keep it up Stephen. Rare content-driven subject-relevant commenting is very welcome.
Verbatim
@ Stephen Moran – Do you fancy yourself as a little Napoleon or something? I bet you have all your toy soldiers from way back.
Suggest you have a play date with all the other lads on here that seem to think you are AMAZING! (which I’m sure you are in your own fashion)
Shayna
I’ve been watching, Hitler, the secret sex life on Netflix. It seems he was a drug addict, with on-set Parkinson’s. He was fuelled by a concoction of vitamins, semen from bulls and cocaine. On Newsnight, Last night, Dr. David Owen (Lord) revealed that Putin is on a regimen of streroids. Erratic behaviour is a side-affect.
Hughie Luas
The Third Reide?
goldenbrown
saw that Newsnight slot last night Shayna
all very interesting stuff and probably the smartest panel discussion I’ve seen so far…. the bit I picked up on was that financier lads take on what’s going on and what he said about ABRAMOVICH was particularly interesting..the charitable waffle sale of Chelski and his other stuf…his point was that it’s a very SMALL price in fact for him to pay to stay business as usual…in actual terms one of Putins circle is taking just a 5% hit here at worst
Abramovich takes a 5% haircut and shure tis business as usual lol
I like how some established and well known professionals, regardless of hue, use BS as an unorthodox outlet to air their views – and underwear.
It adds colour without the threat of solicitors and NDAs.
Mad
Yes indeed, any veterinary insights?
Hughie Luas
A serious strike there on the lad culture with the ChelSSea sell-off by Comrade Abram. Can’t wait for the hagiography and “some lad all the same” guff start with the “gas and banter” brigade – Second Captains, Joe.ie, the 2 Johnnies (er,..)… and just about every white male over the age of 21 in Ireland.
Long. Live. The GAA. No dirty money from Russia or Saudi there in Irish Camogie*.
* Pending investigation after Prime Time.
Mad
No only Teneo, Navillus, Banty Mc Eneaney etc
Nigel
Leaked chats and a pro Putin statement from the Conti ransomware crowd. Aren’t they the guys who hit the HSE?
“Putin accused of genocide” .. what the hell did they think a war was? So many obvious statements lately. Yesterday it was “Putin accused of war crimes” .. yes, he’s literally gone to war. And the Dail voted to condemn the attack. What a waste of time. Our Government are loving all this, the biggest distraction from all their failings they could wish for. Martin and Varadkar have been on the radio or tv three times a day talking about it. Delighted to not have to talk about their constant mess ups, and get to do loads of grand standing moral high ground speeches. Ideal for them.
Fergalito
There are rules to war – incredible as that might sound.
stephen moran
Basically what the story below means is that if your a fund manager in Irish Life or for example or one of the worlds largest like Blackrock you have a benchmark which is the index. The upside versus downside for any deviance for these benchmarks is very asymmetrical and not permitted at all if you are a passive fund manager (one who adheres strictly a benchmark – but still pockets the fees – why you can’t simply do this at less cost yourself is a mute point of course – but I digress). Once you’ve been ejected from an index it’s takes many years of good behaviour o even be considered for readmission
MSCI and FTSE Russell are cutting Russian equities from widely-tracked indexes, isolating the stocks from a large segment of the investment-fund industry. An overwhelming majority of market participants see the Russian market as “uninvestable,” MSCI said. Meanwhile, Russia’s credit rating was cut to junk by Moody’s and Fitch as risks mount that international sanctions could undermine its capability and willingness to service debt.
Johnny
…as of today no default and do they even have 50 billion outstanding,which in tiny for economy that size.
Regarding indexes any idea on the weighting,would they not be confirmed to ‘third world/emerging markets’ ?
stephen moran
re the $50 bn – that an old figure and its just foreign sovereign debt – last figure I saw was $77/80 bn but I wont quibble – but that doesn’t include the elephant in the room i.e. Russian companies foreign corporate debt which would dwarf the sovereign exposure and all be in denominated (owed) in $ or euro which is now 100% plus more expensive to service or repay back in ruble terms than a week ago. It’s like having a mortgage in a foreign currency and you devalue i.e. both the payments in the principal increases. Russia with companies the size of Gazprom, Lukoil, Yandex, Aeroflot & the big miners etc would be in a myriad of indices not just emerging markets ones. The are 5 specialist Russian EFT’s alone I see on Bloomberg right now and I’m probably just scratching the surface as bonds are my thing not equities
On the bond side their ejection from Euroclear and Clearstream makes a corporate technical default quite likely as even if you want to pay it is very hard to- happened to Argentina in 2014
Johnny
….do customers at that big aluminum plant in limerick pay in rubles?
Ireland’s debt is what 250 billion.
stephen moran
Eur 243bn i.e. Irish national debt but Ireland has about Eur 36 bn of cash assets against that, so the net debt = 207bn. But its all relative i.e you can have virtually no sovereign debt but if its all due to be repaid (rolled over) next Monday then you have a problem. Countries don’t as a rule go default because of the amount of debt, it is because of liquidity i.e. they can’t access the cash to repay the bit that due. Re you pals in Limerick – I’d frankly be amazed if they used rubles for anything. You’d hardly want to repatriate rubles to Russia ? You’d want euros’
Johnny
No rubles in limerick huh-most likely euros or US dollars.
Could that like,be useful in servicing dollar denominated debts,which last time they did not default on either,just saying…
… Overall, foreign ownership of Russian debt has been declining, falling to 20.5% as of November 2021 compared with 34% at the beginning of 2020, according to the Institute of International Finance…..
WSJ.
Russia debt “load” is below 20% GDP,Irl running at close 60%.
(People have died, but in some ways that’s a misleading measure of the ongoing impact – just look at all the lives effected, the homes destroyed, the sheer cost and misery of it all – and they can expect more of that, in multiples.)
‘Every time I see this photo (north of Brisbane) in my timeline, I stop scrolling and just stare at it thinking “maybe property developers and their relationships with politicians are a very big part of what is wrong with our world.”‘
RUSSIA’S LUKOIL CALLS FOR SOONEST ENDING OF ARMED CONFLICT IN UKRAINE – IFX
the joys of the very visible hand of the free market – it’s amazing the manners a 90% drop in your share price will put on you
Fearganainm
Ukraine & Russia say they have agreed to temporary local cease-fires to create “humanitarian corridors” so civilians can be evacuated & food & medicine can be delivered:
Kids in masks is abuse… kids arrested in Putin’s Russia and kids murdered in Ukraine… I think I hear crickets…
There’s always crickets after your comments.
Putin on ice… likely on a very different kind of ice soon enough…
https://www.youtube.com/watch?v=5hPnSI2mHUU
… love a man in red
Guess what..
There’ll still be crickets after your comments..
Better than the mocking laughter that follows yours though.
Well some people have this theory you know, but I couldn’t possibly comment that
Pro-Putin Disinformation on Ukraine Is Thriving in Online Anti-Vax Groups
https://www.motherjones.com/politics/2022/03/pro-putin-disinformation-on-ukraine-is-thriving-in-online-anti-vax-groups/?utm_source=mj-newsletters&utm_medium=email&utm_campaign=daily-newsletter-03-02-2022
Motherjones..
Lololololololols
Not surprised your loitering around that sewer stepho..
Crickets indeed..
Bipartisan bill to ban Russian oil imports in works – US Senator Joe Manchin
U.S. hits Russian oil refining sector, slaps export curbs on Belarus
Yawn..
Putin sells to China and other bric countries dedolarizing further the flakey petrodollar..
You’ll have to try harder there stepho..
I’ve been hearing the jaded de- Dollarization trope since the US went off the gold standard . 4% of global trade is invoiced in CNY ! Why ? Because NO ONE has a CNY account. Go down to your AIB business manger tomorrow and try an open one. Better still call BNP. JPM, Barclays, Soc Gen, ING whoever it doesn’t matter- they wont be able to help you either. No one wants CNY, INR and certainly not rubles anyway. It takes about 2 years to open a CNY onshore a/c and you can’t actually have one in your own name only via a nominee bank and it has to be in mainland China. Even then your entity has to be a quasi sovereign to be even considered for such permission to be granted by the authorities – that is why it is not going to happen before Putin is doing a Lenin impersonation – actually hopefully it will be more a Trotsky one. I hope that clarifies the situation.
Lock up the OAP’s too
https://theglobalherald.com/news/russian-activist-77-detained-by-police-while-protesting-against-ukraine-war/
As I said earlier – coup soon or Mugabe situation?… only time will tell…
Let’s see how long the Oligarchs (that’s a nice word for the Billionaire class… or are they the good kind of Billionaire class BS Putineenies?…) can do without their yatchs
Who is blowing up the ‘biolabs’ in Ukraine?
https://foreignpolicy.com/2022/03/02/ukraine-biolabs-conspiracy-theory-qanon/
Yep – another false flag from the Hillary and George’s devils pizza paedo joint in the basement
“There are no US-run biolabs in Ukraine, contrary to social media posts”
https://www.politifact.com/factchecks/2022/feb/25/tweets/there-are-no-us-run-biolabs-ukraine-contrary-socia/
Guys this is just bargain basement propaganda. If you’re unable to recognise that, you’re showing yourselves to be out of your depth.
You can’t take an article seriously that in the first sentence is already reaching for the “this is what QAnon conspiracy theorists think” smear. The first paragraph is just a strawman.
To give an analogy, it’s akin to saying back in 2019:
“Chinese bots and conspiracy theorists have been spreading online rumours that Geoffrey Epstein has an island where he keeps 1000s of teenage girls under lock and key, each one chosen by Bill Gates. It’s an entirely discredited theory. Our verdict: false.” Ha all you fools who believed that child sex trafficking went on on Epstein’s island!
I couldn’t read past the second paragraph as it’s behind a firewall. Are you a subscriber to ‘Foreign Policy’? How does the article develop? The first two paragraphs have no real substance.
As for the Polifact “fact checker” article, it just consists of quotes from former and present US government officials asserting that the US has no bioweapons program. If you’re naive enough to buy into that, then can I interest you in this lovely bridge I’m selling?
‘The first paragraph is just a strawman.’
Except that it IS what Qanon theorists think. Other people think it too, and try to ignore its Qanon trappings, or pretend it isn’t happening.
‘To give an analogy’
Qanon glommed onto mainstream news exposing Esptein’s cosy deal and revisited his on-the-record lifestyle and connections and grafted it onto their existing conspiracy framework – it’s more like complaining that associating Qanon with the idea of global elites harvesting children for adrenochrome is a smear.
‘If you’re naive enough to buy into that,’
You don’t have to buy into it, you just have to point to the complete lack of evidence proving otherwise.
The article isn’t behind a firewall/paywall/subscription wall. It’s all available to read:
https://foreignpolicy.com/2022/03/02/ukraine-biolabs-conspiracy-theory-qanon/
Lots of detail about the source of the breadcrumbs the Putinbots have been hoovering up and spitting out.
@Fearganainm
When you’re resorting to dehumanising labels, you’re already losing the argument but regarding that article, the core premise seems to be that the US military aren’t engaging in any offensive biowarfare operations by setting up and funding biolabs strategically positioned in various countries close to Russia’s borders. That’s it’s all merely a defensive reaction. You’d have to be very green behind the ears to accept that.
This 2020 article by journalist Sam Husseini is worth a read:
https://www.salon.com/2020/04/24/did-this-virus-come-from-a-lab-maybe-not–but-it-exposes-the-threat-of-a-biowarfare-arms-race/
“Regardless of the source of this pandemic, there is considerable documentation that a global biological arms race going on outside of public view could produce even more deadly pandemics in the future.
..Governments that participate in such biological weapon research generally distinguish between “biowarfare” and “biodefense,” as if to paint such “defense” programs as necessary. But this is rhetorical sleight-of-hand; the two concepts are largely indistinguishable.
..”Biodefense” implies tacit biowarfare, breeding more dangerous pathogens for the alleged purpose of finding a way to fight them. While this work appears to have succeeded in creating deadly and infectious agents, including deadlier flu strains, such “defense” research is impotent in its ability to defend us from this pandemic.
“The legal scholar who drafted the main U.S. law on the subject, Francis Boyle, warned in his 2005 book “Biowarfare and Terrorism” that an “illegal biological arms race with potentially catastrophic consequences” was underway, largely driven by the U.S. government.
Boyle in 2015: ‘Since September 11, 2001, we (the US) have spent around $100 billion on biological warfare. Effectively we now have an Offensive Biological Warfare Industry in this country that violates the Biological Weapons Convention and my Biological Weapons Anti-Terrorism Act of 1989.
Boyle contin: ‘Russia and China have undoubtedly reached the same conclusions I have derived from the same open and public sources, and have responded in kind. So what the world now witnesses is an all-out offensive biological warfare arms race among the major military powers of the world: United States, Russia, Britain, France, China, Israel, inter alia.’
It’s ‘green’ to believe the US military but not ‘green’ to believe and promote obvious pro-war propaganda?
You know what would be weird to put right next to the border of a belligirent totalitarian nation state who loves interfering with its weaker neighbours? Your top secret bioweapons labs. You know what might be smart to have near the border of a belligerent totalitarian nation state with known bioweapons capabilities who loves interfering with is neighbours? Biolabs developing clean-up agents and countermeasures against bioweapons. You know what Putin and his online supporters love doing? Lying through their teeth.
@ f_lawless
You’re a bot. That’s all you are. A water carrier for right-wing websites, conspiracy theorists and cranks.
It’s what you’ve always been.
None of your pet themes originate with you, you suck them up and regurgitate them here unthinkingly. Your latest thing is recycling Russian propaganda. You’re just a dupe.
And what is your interest in spraying an Irish site with such garbage? Lawless is an Old English/Old Norse name, its presence in Ireland stemming from Sasanach invasions and plantations. No surpise to find you dumping propaganda on behalf of foreign interests…
Lockdowns, quarantines, vaccines, bio research…
The lonely death of Janet Parker:
https://janetparker.birminghamlive.co.uk/
https://en.wikipedia.org/wiki/1978_smallpox_outbreak_in_the_United_Kingdom
https://www.theguardian.com/science/2020/nov/21/it-was-a-total-invasion-the-virus-that-came-back-from-the-dead
https://www.birminghammail.co.uk/news/good-turn-medical-colleagues-cost-14511601
https://www.birminghammail.co.uk/news/health/smallpox-death-locked-down-birmingham-11322667
Your comment above is steeped in psychological projection.
Why do you always resort to ad hominem and name calling, the two lowest forms of disagreement.? You’re not doing yourself any favours. It just gives the impression of someone who’s insecure and out of their depth.
Human rights lawyer, Francis Boyle, the man who who drafted the legislation in the US for their Biological Weapons Anti-Terrorism Act of 1989, is a Russian bot when he criticises the US for escalating an illegal biowarfare arms race? That seems to be the way your mind works.
Don’t come looking for any polite debate from me. You are what you are and get the tone that you deserve. You’re a lowly propaganda merchant, that’s all.
Your current shtick is all about trying to justify an illegal war and the deaths and injuries of thousands of people.
Is breá nach bhfuil náire ort
38 countries urge ICC to investigate Russia’s war crimes – historically this is the largest ever single complaint
JP Morgan: Russia risks default on public debt.
The stinger anti aircraft missiles that @POTUS approved Saturday as part of that $350m military aid package have begun arriving in Ukraine. 200 have been delivered & “hundreds more” are being sent by the US multiple officials tell me
EU to include crypto currencies in Russia sanctions
Ukrainian intelligence reports that Putin will impose martial law tomorrow in Russia.
Big day for two states that traditionally have had close ties to Russia.
-Serbia votes in favour of an UN General Assembly resolution condemning Russia’s invasion of Ukraine
– Bulgaria expels two Russian diplomats for alleged espionage – a long way from the days of the poisoned umbrella urban myths
The Japanese Foreign Ministry has stated that Japan considers the southern Kuril Islands occupied by Russia.
The ministry stressed that the occupation contradicts international law and added “as does the ongoing Russian army attack on Ukraine”
$600 million super-yacht the Germans have seized from Russian billionaire Usmanov, in Hamburg, Germany.
Things an armchair observer like me assumed would happen during the initial phase of this invasion
1. Russian defence reforms since Georgia would have kicked in and we’d see an effective, well-oiled force, with good communications, a clear battle plan and no supply lines issues
2, Troops used in the first waves would be elite units – the creme de la creme of the Russian armed forces
2. Russia would have a well oil sleek effective PR / Propaganda campaign ready to roll out
2. War would open with shock & awe
3. Russia would quickly gain air superiority
4. Ukraine would struggle to hold out and quickly have to resort to an insurgency.
5. Arms supply from abroad would be covert and piecemeal rather than in your face overt, bespoke and plentiful
Every single one of those assumptions has been blown out of the water – sometimes your glad to be wrong
Please bore off
You were a nobody before this who occasionally commented on the music threads and we liked it that way
“We” ???? – terrible when a few facts challenge your cognitive biases – I’m ever sorry to be disturbing a cozy clique in an echo chamber
I’d love that when that happens.
In the meantime please stick to the music which you were good at, you’re not an expert on Russia or even very good at explaining finance; you’re a crushing bore clogging up the threads in the most self-indulgent manner.
No hes spot on. You’ve got one topic, give out about Russia. There’s a lot of irony in you calling out cognitive bias in others when you’re obsessed with the one story
+1
And it’s all propaganda anyway
Mad bad and sad.
Keep it up Mr Moran!
I think his comment was interesting, relevant and factual, unlike your ad hominem response
+1 ‘We’ find stephen moran’s contributions very interesting and a welcome antidote to conspiraloon ramblings, fake news and endless ”lolololol” posts.
Stephen and lolol are two cheeks of the same..
Agreed – keep posting.
Anyone who thinks it’s boring or who doesn’t like what you have to say can colour in their colouring book or keep scrolling. If you’re peeing off at least one person’s view of the world then that’s endorsement enough.
Is this not a comments section
No, it’s a dictatorship.
Now back to work, peasant.
You forgot to plug in your chair.
Keep it up Stephen. Rare content-driven subject-relevant commenting is very welcome.
@ Stephen Moran – Do you fancy yourself as a little Napoleon or something? I bet you have all your toy soldiers from way back.
Suggest you have a play date with all the other lads on here that seem to think you are AMAZING! (which I’m sure you are in your own fashion)
I’ve been watching, Hitler, the secret sex life on Netflix. It seems he was a drug addict, with on-set Parkinson’s. He was fuelled by a concoction of vitamins, semen from bulls and cocaine. On Newsnight, Last night, Dr. David Owen (Lord) revealed that Putin is on a regimen of streroids. Erratic behaviour is a side-affect.
The Third Reide?
saw that Newsnight slot last night Shayna
all very interesting stuff and probably the smartest panel discussion I’ve seen so far…. the bit I picked up on was that financier lads take on what’s going on and what he said about ABRAMOVICH was particularly interesting..the charitable waffle sale of Chelski and his other stuf…his point was that it’s a very SMALL price in fact for him to pay to stay business as usual…in actual terms one of Putins circle is taking just a 5% hit here at worst
Abramovich takes a 5% haircut and shure tis business as usual lol
think about that
he has little enough skin in the uk game anyway. israel and portugal are his priorities for tax avoidance:
https://www.internationalinvestment.net/news/4043574/roman-abramovich-accessed-low-tax-citizenship-lineage
I like how some established and well known professionals, regardless of hue, use BS as an unorthodox outlet to air their views – and underwear.
It adds colour without the threat of solicitors and NDAs.
Yes indeed, any veterinary insights?
A serious strike there on the lad culture with the ChelSSea sell-off by Comrade Abram. Can’t wait for the hagiography and “some lad all the same” guff start with the “gas and banter” brigade – Second Captains, Joe.ie, the 2 Johnnies (er,..)… and just about every white male over the age of 21 in Ireland.
Long. Live. The GAA. No dirty money from Russia or Saudi there in Irish Camogie*.
* Pending investigation after Prime Time.
No only Teneo, Navillus, Banty Mc Eneaney etc
Leaked chats and a pro Putin statement from the Conti ransomware crowd. Aren’t they the guys who hit the HSE?
https://twitter.com/briankrebs/status/1498766367914348544
…do you rely on many sources who read stuff so that you don’t have to Nigel?
We are all heavily reliant on Me So Harney’s tea-leaf reading.
And lolols
bisted
you’re demonstrating a large slice of stupidity there about computer security related matters
dissing Brian Krebs is like dissing David Attenborough
https://krebsonsecurity.com/
“Putin accused of genocide” .. what the hell did they think a war was? So many obvious statements lately. Yesterday it was “Putin accused of war crimes” .. yes, he’s literally gone to war. And the Dail voted to condemn the attack. What a waste of time. Our Government are loving all this, the biggest distraction from all their failings they could wish for. Martin and Varadkar have been on the radio or tv three times a day talking about it. Delighted to not have to talk about their constant mess ups, and get to do loads of grand standing moral high ground speeches. Ideal for them.
There are rules to war – incredible as that might sound.
Basically what the story below means is that if your a fund manager in Irish Life or for example or one of the worlds largest like Blackrock you have a benchmark which is the index. The upside versus downside for any deviance for these benchmarks is very asymmetrical and not permitted at all if you are a passive fund manager (one who adheres strictly a benchmark – but still pockets the fees – why you can’t simply do this at less cost yourself is a mute point of course – but I digress). Once you’ve been ejected from an index it’s takes many years of good behaviour o even be considered for readmission
MSCI and FTSE Russell are cutting Russian equities from widely-tracked indexes, isolating the stocks from a large segment of the investment-fund industry. An overwhelming majority of market participants see the Russian market as “uninvestable,” MSCI said. Meanwhile, Russia’s credit rating was cut to junk by Moody’s and Fitch as risks mount that international sanctions could undermine its capability and willingness to service debt.
…as of today no default and do they even have 50 billion outstanding,which in tiny for economy that size.
Regarding indexes any idea on the weighting,would they not be confirmed to ‘third world/emerging markets’ ?
re the $50 bn – that an old figure and its just foreign sovereign debt – last figure I saw was $77/80 bn but I wont quibble – but that doesn’t include the elephant in the room i.e. Russian companies foreign corporate debt which would dwarf the sovereign exposure and all be in denominated (owed) in $ or euro which is now 100% plus more expensive to service or repay back in ruble terms than a week ago. It’s like having a mortgage in a foreign currency and you devalue i.e. both the payments in the principal increases. Russia with companies the size of Gazprom, Lukoil, Yandex, Aeroflot & the big miners etc would be in a myriad of indices not just emerging markets ones. The are 5 specialist Russian EFT’s alone I see on Bloomberg right now and I’m probably just scratching the surface as bonds are my thing not equities
On the bond side their ejection from Euroclear and Clearstream makes a corporate technical default quite likely as even if you want to pay it is very hard to- happened to Argentina in 2014
….do customers at that big aluminum plant in limerick pay in rubles?
Ireland’s debt is what 250 billion.
Eur 243bn i.e. Irish national debt but Ireland has about Eur 36 bn of cash assets against that, so the net debt = 207bn. But its all relative i.e you can have virtually no sovereign debt but if its all due to be repaid (rolled over) next Monday then you have a problem. Countries don’t as a rule go default because of the amount of debt, it is because of liquidity i.e. they can’t access the cash to repay the bit that due. Re you pals in Limerick – I’d frankly be amazed if they used rubles for anything. You’d hardly want to repatriate rubles to Russia ? You’d want euros’
No rubles in limerick huh-most likely euros or US dollars.
Could that like,be useful in servicing dollar denominated debts,which last time they did not default on either,just saying…
Have a look at this exchange. There is a translation in the comments. Note the “are you trying to get us both killed look” on the interviewers face
https://twitter.com/yaffaesque/status/1499310493063958530
also…this action which will in a few days be judged IMO an act of default – they will have a few working days grace to sort it depending on what the terms and conditions say in the prospectus – but after that its a plain vanilla default
https://www.reuters.com/article/ukraine-crisis-russia-bonds-coupon/foreign-holders-of-russias-ofz-bonds-not-paid-coupon-depository-idUSR4N2V5002
… Overall, foreign ownership of Russian debt has been declining, falling to 20.5% as of November 2021 compared with 34% at the beginning of 2020, according to the Institute of International Finance…..
WSJ.
Russia debt “load” is below 20% GDP,Irl running at close 60%.
‘Climate Impacts Hit Australia Hard’
https://twitter.com/AllanMargolin/status/1499337538766467072
(People have died, but in some ways that’s a misleading measure of the ongoing impact – just look at all the lives effected, the homes destroyed, the sheer cost and misery of it all – and they can expect more of that, in multiples.)
‘Every time I see this photo (north of Brisbane) in my timeline, I stop scrolling and just stare at it thinking “maybe property developers and their relationships with politicians are a very big part of what is wrong with our world.”‘
https://twitter.com/JonesHowdareyou/status/1498913604342534145
J6 lays it all out here,source materials from court filling yesterday,pick your “news” coverage.
https://storage.courtlistener.com/recap/gov.uscourts.cacd.841840/gov.uscourts.cacd.841840.160.0.pdf
WaPo.
https://www.washingtonpost.com/politics/2022/03/02/eastman-pence-trump-jan-6/
“Must dash!”
https://www.independent.ie/irish-news/politics/10000-calendars-printed-for-michael-healy-rae-binned-over-missing-hyphen-41406932.html
Body of missing Dublin woman Bernadette Connolly has been found in Blackpool, UK
https://www.independent.ie/irish-news/body-of-missing-dublin-woman-bernadette-connolly-has-been-found-in-blackpool-uk-41408616.html
Ar dheis Dé go raibh a hanam
Ah feck.
RUSSIA’S LUKOIL CALLS FOR SOONEST ENDING OF ARMED CONFLICT IN UKRAINE – IFX
the joys of the very visible hand of the free market – it’s amazing the manners a 90% drop in your share price will put on you
Ukraine & Russia say they have agreed to temporary local cease-fires to create “humanitarian corridors” so civilians can be evacuated & food & medicine can be delivered:
https://twitter.com/John_Hudson/status/1499469880499781636
Gardaí arrest two people in connection with Ashling Murphy murder probe:
https://www.thejournal.ie/ashling-murphy-murder-suspects-arrested-dublin-5700258-Mar2022/
Graham Carey speaks out about Ukraine ‘biolabs’
https://www.sundayworld.com/news/irish-news/conspiracy-theorist-graham-carey-claims-ukraine-is-bombing-their-own-people-41408871.html
It’s every bit as intelligent as you’d expect it to be.
The ravings of John McGuirk:
https://pbs.twimg.com/media/FM9Eqe3WYAcjs4-?format=jpg&name=large