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Ukraine and Russia event discussion

Started by Commander Fuckass, March 01, 2014, 09:12:40 AM

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Kalahari Inkantation

http://www.ft.com/intl/cms/s/0/chinese-lenders-grow-wary-of-russia.html

[spoiler]

QuoteWhen Chinese premier Li Keqiang and his Russian counterpart Dmitry Medvedev start talks on Monday that are expected to culminate in the signing of more than 50 deals, it will be the latest demonstration of hopes that China is riding to the rescue as US and EU sanctions block new western funding for Russian banks and corporates.

But despite a steady flow of handshakes and signatures, Chinese money has been hard to secure. According to numerous executives and bankers, Chinese banks and investors are dragging their heels in Russia, unwilling to risk antagonising the west by providing the surge of funding that Moscow desperately needs.

“If you expect us to rush in and do everything the European and American banks can’t do any more, you will be disappointed,” said an official at Bank of China in Moscow. “We want to develop our Russia business, but we have to consider the risks as well.”

A western executive in the energy industry said: “There is strong anxiety on the Russian side: the Chinese are very reluctant to give them money at the moment.”

That appears to apply even to the $400bn gas supply deal struck between Gazprom and CNPC in May in what was seen as a triumph for Russian president Vladimir Putin.
A $25bn prepayment that Gazprom said was part of the deal has yet to be paid and Alexander Medvedev, deputy chief executive of Gazprom, said recently the question of the payment was still “hanging in the air”.

The Bank of China official said that as China’s big banks had strategic interests elsewhere, they could not afford to be seen to help Russia circumvent US and EU sanctions.

A Chinese lawyer working with Russian companies said he had come across two cases since July where a Chinese bank bowed out of loan talks with Russian clients citing a government policy not to upset Washington.

The caution is clearly reflected in the lending figures. As of the beginning of September, Industrial and Commercial Bank of China had a corporate loan portfolio of just Rbs3.35bn ($83m) in Russia. Bank of China’s loans to Russian corporates amounted to Rbs2.15bn, while China Construction Bank had Rbs1.3bn of loans outstanding to Russian companies.

The numbers pale in comparison to the $134bn in external debt that Russian banks and corporates have to repay by the end of 2015, largely to US and European banks.

Russian companies also acknowledge the difficulties. “I believe that we will eventually see an increase in activity from Chinese banks, but this requires time for them to become more familiar with Russia,” said an executive at VTB, Russia’s second-largest bank that is subject to US and EU sanctions.

Bernard Sucher, a long-time investor in Russia and former head of Bank of America Merrill Lynch in Moscow, says one company he advises sent a team to China soon after the first round of sanctions were announced earlier this year to court investment.

“It was tough to get meetings,” he said. “They seem both afraid of the potential political risk and not especially impressed with the value of the new business they might earn from Russia.”
Russian companies are also facing problems in trade financing and cash management, an area where they recently turned to Chinese banks for help.

There are signs that China’s central bank is monitoring transfers to and from Russian entities to make sure the transfers do not involve sanctioned companies or oligarchs. Russian news agencies reported last month that some Chinese commercial banks were refusing to transfer the money of Russian clients through offshore accounts.

“The speed of (fund transfer) settlement to and from Russia and other sensitive countries may be influenced because these countries may be subject to sanctions from the United States and other countries,” said a representative working at Ping An Bank’s customer services centre recently.
[/spoiler]

haha

wow

how's that pivot to china workin' out for you, vlad

Kalahari Inkantation

http://www.reuters.com/article/2014/10/16/us-ukraine-crisis-russia-poll-idUSKCN0I516O20141016

huhdoodame;

the sheer desperation underneath that paper-thin facade of hope that these polling results express, oh my

ME##

Quote from: Tectron on October 16, 2014, 08:14:26 PM
http://www.reuters.com/article/2014/10/16/us-ukraine-crisis-russia-poll-idUSKCN0I516O20141016

huhdoodame;

the sheer desperation underneath that paper-thin facade of hope that these polling results express, oh my
christ, americans claim to love their country, but if obama were to get us into this situation we'd all just whine like a bunch of babies and complain about how we can't do anything ourselves :(

ME##

http://eng.kremlin.ru/news/23110

The two leaders continued to express serious differences in views on the source of Ukraine’s domestic conflict, as well as root causes for what is happening there today.

you don't say

Kalahari Inkantation

and even more surprises from belarus

http://www.themoscowtimes.com/business/article/lukashenko-investing-in-belarus-twice-as-effective-as-investing-in-russia/509678.html

Quote from: LukashenkoBelarussian sausage doesn't contain toilet paper and soy " unlike Russian sausage.


oh my god lol

ME##

[youtube]frhQMuyH0lg[/youtube]


tec's current theme song

Kalahari Inkantation

http://www.belaruspartisan.org/economic/282936/

This doesn't bode well for the burgeoning Belarusian seafood industry.

http://www.euractiv.com/sections/global-europe/after-food-ban-russia-markets-shrimp-belarus-307858

saddood;

Quote from: David on October 18, 2014, 10:23:43 PM
[spoiler][youtube]frhQMuyH0lg[/youtube][/spoiler]

tec's current theme song


жыве беларусь !!


Kalahari Inkantation



Kalahari Inkantation


Kalahari Inkantation

more belarusian bombshells

http://eng.belta.by/all_news/president/Lukashenko-Belarus-is-against-the-destruction-of-the-Ukrainian-state_i_76220.html

http://qha.com.ua/russia-should-return-its-land-to-kazakhstan-and-mongolia-lukashenko-132404en.html

Quote from: LukashenkoMost of today’s Russian lands belonged to Kazkhstan and Mongolia since the age old times of Khan Batey. Therefore now this land must be returned to its historical roots. This is the logical outcome of Russia’s arguments for its annexation of Crimea.

Kalahari Inkantation

Quote from: Tectron on September 08, 2014, 07:50:23 PM
http://abcnews.go.com/International/wireStory/serbia-caught-middle-ukraine-25344174

QuoteMoscow is also issuing quiet threats that it could drop its endorsement in the United Nations for Serbia's opposition to the independence of Kosovo


lmao

some friend you are, russia


http://inserbia.info/today/2014/10/putin-angry-russia-reduces-gas-supplies-to-serbia/

i lol'd goowan

yes, putin, please continue doing whatever it takes to antagonize the very last of your """allies"""

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