Absurdity reigns! According to Jatsenjuk, it is now Russia that stole gas from Ukraine for 1 billion dollars:
http://top.rbc.ru/economics/27/05/2014/926463.shtml
He says that gas was stolen together with Crimea:
http://finance.rambler.ru/news/economics/146124870.html
Hmm.. he may actually have a point there (I don't know if his numbers are correct), that some Ukrainian-purchased gas was stored in Crimea
While Naftogas blames Gasprom for failed negotiations:
http://lenta.ru/news/2014/05/27/naftogaz/
Can they pay up, already?!
Topic: Ukraine rejects Russia Gazprom gas price hike - page 16. (Read 26464 times)
US can't really put up sanctions against China. It is just too profitable for them to have trade relations with China. This is because of the sheer size of China and it's economy. We are talking about a country that has more than 1/7 of the world's population here. For every 7 people in the one, one of them is from China.
If they put trade sanctions on China, it means they are cutting 1/7 of the world off from their trade market! How crazy would that be? @@
That is why time and again they have let China get away with its shenanigans. As long as they don't act crazy like Putin.
If they put trade sanctions on China, it means they are cutting 1/7 of the world off from their trade market! How crazy would that be? @@
That is why time and again they have let China get away with its shenanigans. As long as they don't act crazy like Putin.
Along with Japan, China is also one of the top holders of the United States Treasury bonds (China holds somewhere around $1 trillion and $2 trillion worth of treasury bonds). So sanctions against China are simply not viable.
You guys are right. But let's look at the bigger picture here. It's not about what US says anymore. Even if US wants to stop China from becoming an economic superpower, they can't. In fact, many US companies are ACTIVELY involved in investing in China to make a profit. China also has bought ALOT of US government debts.
"China stepped up its purchases of U.S. government debt late last year, increasing its holdings of Treasurys to an all-time record of $1.317 trillion in November, government data released this week revealed."
http://www.foxbusiness.com/economy-policy/2014/01/16/china-now-owns-record-1317t-us-government-debt/
To put this into perspective, one trillion is one million million, with 12 zeroes. = 1, 000, 000, 000, 000. US has 320 million population = 320, 000, 000. This means that every single US citizen including the babies owes China 1.317trillion usd/320million people = 4115.63 USD/person.
It's very hard to fight a country that has bought so much of your debts, isn't it?
"China stepped up its purchases of U.S. government debt late last year, increasing its holdings of Treasurys to an all-time record of $1.317 trillion in November, government data released this week revealed."
http://www.foxbusiness.com/economy-policy/2014/01/16/china-now-owns-record-1317t-us-government-debt/
To put this into perspective, one trillion is one million million, with 12 zeroes. = 1, 000, 000, 000, 000. US has 320 million population = 320, 000, 000. This means that every single US citizen including the babies owes China 1.317trillion usd/320million people = 4115.63 USD/person.
It's very hard to fight a country that has bought so much of your debts, isn't it?
Interesting move:
https://petitions.whitehouse.gov/petition/put-sanctions-china-invading-vietnam-territory-deployment-oil-rig-haiyang-981/p2b7Rnnv
This one is not only interesting but also ridiculous. People seem to get extreme. Is anybody here gonna sign it lol?
by the way this is the first time I see a petition for sanction (normally I have seen and signed many petitions requesting someone to stop something, not to punish someone else). Anybody has a precedent?
Someone please tell those people that if Obama could, it would be the first thing he does. Nobody wishes to stop China to become a superpower more than US does. Come one give me a break, life is not that easy.https://petitions.whitehouse.gov/petition/put-sanctions-china-invading-vietnam-territory-deployment-oil-rig-haiyang-981/p2b7Rnnv
This one is not only interesting but also ridiculous. People seem to get extreme. Is anybody here gonna sign it lol?
by the way this is the first time I see a petition for sanction (normally I have seen and signed many petitions requesting someone to stop something, not to punish someone else). Anybody has a precedent?
It is funny that it is even showed in the petition that 100k signatures are adequate.
Interesting move:
https://petitions.whitehouse.gov/petition/put-sanctions-china-invading-vietnam-territory-deployment-oil-rig-haiyang-981/p2b7Rnnv
This one is not only interesting but also ridiculous. People seem to get extreme. Is anybody here gonna sign it lol?
by the way this is the first time I see a petition for sanction (normally I have seen and signed many petitions requesting someone to stop something, not to punish someone else). Anybody has a precedent?
US can't really put up sanctions against China. It is just too profitable for them to have trade relations with China. This is because of the sheer size of China and it's economy. We are talking about a country that has more than 1/7 of the world's population here. For every 7 people in the one, one of them is from China.https://petitions.whitehouse.gov/petition/put-sanctions-china-invading-vietnam-territory-deployment-oil-rig-haiyang-981/p2b7Rnnv
This one is not only interesting but also ridiculous. People seem to get extreme. Is anybody here gonna sign it lol?
by the way this is the first time I see a petition for sanction (normally I have seen and signed many petitions requesting someone to stop something, not to punish someone else). Anybody has a precedent?
If they put trade sanctions on China, it means they are cutting 1/7 of the world off from their trade market! How crazy would that be? @@
That is why time and again they have let China get away with its shenanigans. As long as they don't act crazy like Putin.
Interesting move:
https://petitions.whitehouse.gov/petition/put-sanctions-china-invading-vietnam-territory-deployment-oil-rig-haiyang-981/p2b7Rnnv
This one is not only interesting but also ridiculous. People seem to get extreme. Is anybody here gonna sign it lol?
by the way this is the first time I see a petition for sanction (normally I have seen and signed many petitions requesting someone to stop something, not to punish someone else). Anybody has a precedent?
https://petitions.whitehouse.gov/petition/put-sanctions-china-invading-vietnam-territory-deployment-oil-rig-haiyang-981/p2b7Rnnv
This one is not only interesting but also ridiculous. People seem to get extreme. Is anybody here gonna sign it lol?
by the way this is the first time I see a petition for sanction (normally I have seen and signed many petitions requesting someone to stop something, not to punish someone else). Anybody has a precedent?
Also another very important fact related to this deal which is yet to be authenticated, and it is that price at which the deal has been finalized is very very close to the cost of production including the transportation cost, and Russia is not going to make a lot from profit from it.. Now isn't this fishy?
Also Washington has recently stop its financial support for Thailand due to political issue in this country and their failure to reset a civil government.
It should be noted that Thailand did not involved positively in the south china sea issue with China. This political issue should be Asian vs China but it apparently is Philippine + Vietnam vs China. Not a smart move at all. All Asian countries should see their interest in this sea. It also shows that there nothing such as union in this region.
So the withdraw of Washington from Thailand may open opportunities of stronger support to US traditional ally Philippine and maybe new situational ally Vietnam.
It should be noted that Thailand did not involved positively in the south china sea issue with China. This political issue should be Asian vs China but it apparently is Philippine + Vietnam vs China. Not a smart move at all. All Asian countries should see their interest in this sea. It also shows that there nothing such as union in this region.
So the withdraw of Washington from Thailand may open opportunities of stronger support to US traditional ally Philippine and maybe new situational ally Vietnam.
so someone above was right, the oil rig has not finished its tasks yet. It will stay for sure, unless the world stops it. The oil rig is challenging the world.
But another thing may stop the journey of the oil rig: typhoon. Soon it will be typhoon season in south china sea. The whole world still remember how terrible typhoons in this region are, Philippine would never forget. China is obviously rich enough to maintain the oil rig and navy vessel crew there for years, but they are not rich enough to go against nature and Act of God.
But another thing may stop the journey of the oil rig: typhoon. Soon it will be typhoon season in south china sea. The whole world still remember how terrible typhoons in this region are, Philippine would never forget. China is obviously rich enough to maintain the oil rig and navy vessel crew there for years, but they are not rich enough to go against nature and Act of God.
Wasn't there a news story awhile back about Russia erasing 95% worth of debt that was owed by North Korea (around 10$ billion) in order to facilitate the building of a gas pipeline to South Korea?
Seems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
Seems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
If Japan and South Korea are taken as one, the combined natural gas imports (150 billion cubic meters per year) are even higher than that of Western Europe. And another factor is that the gas consumption is increasing heavily in these two nations, while it is declining in the EU. It is a good move by Putin, as the EU has proven to be an unreliable buyer again and again. The EU deserves only expensive LNG at $600 per 1,000 cubic meter, while Japan and South Korea will get Russian gas at $350 per 1,000 cubic meter.
There is no signal that China may compromise. Since Asian has been deeply divided, Washington has too much concern around the world, especially after Ukraine, China won’t miss this chance to go further.
I don’t think this is a test for south east Asia. China already did it (and greatly succeeded) in the Asian conference last year with help of its loyal ally Cambodia. Now Beijing is testing Washington
I don’t think this is a test for south east Asia. China already did it (and greatly succeeded) in the Asian conference last year with help of its loyal ally Cambodia. Now Beijing is testing Washington
Wasn't there a news story awhile back about Russia erasing 95% worth of debt that was owed by North Korea (around 10$ billion) in order to facilitate the building of a gas pipeline to South Korea?
Seems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
Seems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
If Japan and South Korea are taken as one, the combined natural gas imports (150 billion cubic meters per year) are even higher than that of Western Europe. And another factor is that the gas consumption is increasing heavily in these two nations, while it is declining in the EU. It is a good move by Putin, as the EU has proven to be an unreliable buyer again and again. The EU deserves only expensive LNG at $600 per 1,000 cubic meter, while Japan and South Korea will get Russian gas at $350 per 1,000 cubic meter.
this agreement is a danger for the rest of the world since it marks a significant move in the Russia - China relationship. So far it is gas, then what? weapon, army?
They both threat the world peace because none of them respect the international laws and rules. It is not difficult to find behavior in common between what Russia did in Ukraine and China is doing the south china sea.
They both threat the world peace because none of them respect the international laws and rules. It is not difficult to find behavior in common between what Russia did in Ukraine and China is doing the south china sea.
Wasn't there a news story awhile back about Russia erasing 95% worth of debt that was owed by North Korea (around 10$ billion) in order to facilitate the building of a gas pipeline to South Korea?
Seems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
Sigh. What a much better world it would be if economics are not dictated by world politics! Imagine how easy and much more beneficial would it be for people to be able to sell their resources to the highest bidder without the fear of political backlashSeems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
yeah Bryant might be right about that part
Russia is actually trying hard to expand its portfolio by making connections in Asia..Few days back, it had also got into a deal with Bahrain in regards to Investments... And it is doing absolutely right.. After all, why would it go by the rules imposed by USA...
yea but I really do not think China will be able to grow that fast (i.e. 5 - 7 years). They already have lots of problems inside. I mean lots. Internationally, their biggest problem I guess is that: nobody welcome their growth as a superpower. And the west, Japan and Korea will try their best to prevent it. 5 - 7 years, no, it is not that easy.
$400 billion gasoline agreement – Congrats China
Too many articles on how Putin has played the West, yet this agreement also is a new punch of China to the East and the whole world as well.
Not many people believe that the oil rig China recently deployed in Asian Sea (popularly known as South China Sea), which is accompanied by many “government vessels“ (if not army ships), may find some oil in that area. But somehow, not surprisingly, the oil rig helped China to find gas at good price from Russia.
China has proved itself again... I guess within another 5-7 years, US is going to slide down and we will see China empowering itself.. Coming back to the topic, I guess now Japan and Korea will be the sufferers and they will be the ones facing tighter supply..Too many articles on how Putin has played the West, yet this agreement also is a new punch of China to the East and the whole world as well.
Not many people believe that the oil rig China recently deployed in Asian Sea (popularly known as South China Sea), which is accompanied by many “government vessels“ (if not army ships), may find some oil in that area. But somehow, not surprisingly, the oil rig helped China to find gas at good price from Russia.
Agreed that China took advantage from current situation of Russian, but Putin is a tough cookie. Well I just guess Beijing used the oil rig in the south china sea to prove that they have absolute advantage on the table: China can go forward to the south in case the gas agreement is not reached, while the east is only direction Moscow can go now.
Wasn't there a news story awhile back about Russia erasing 95% worth of debt that was owed by North Korea (around 10$ billion) in order to facilitate the building of a gas pipeline to South Korea?
Seems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
Sigh. What a much better world it would be if economics are not dictated by world politics! Imagine how easy and much more beneficial would it be for people to be able to sell their resources to the highest bidder without the fear of political backlashSeems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
yeah Bryant might be right about that part
Wasn't there a news story awhile back about Russia erasing 95% worth of debt that was owed by North Korea (around 10$ billion) in order to facilitate the building of a gas pipeline to South Korea?
Seems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
Sigh. What a much better world it would be if economics are not dictated by world politics! Imagine how easy and much more beneficial would it be for people to be able to sell their resources to the highest bidder without the fear of political backlashSeems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
yeah Bryant might be right about that part
Wasn't there a news story awhile back about Russia erasing 95% worth of debt that was owed by North Korea (around 10$ billion) in order to facilitate the building of a gas pipeline to South Korea?
Seems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
Seems like Russia is trying to diversify its portfolio by moving their business away from Europe and towards buyers in Asia.
http://www.naturalgasasia.com/russia-writes-off-north-korea-debt-to-facilitate-gas-pipeline-to-south-korea-12275
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