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Go Back   Armchair General and HistoryNet >> The Best Forums in History > Current Events > Russia, Central Asia, and The Caucasus

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Russia, Central Asia, and The Caucasus Post-Soviet Russia and some neglected smaller neighbors.

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  #61  
Old 20 Sep 16, 10:14
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Quote:
Originally Posted by E.D. Morel View Post
I've only read the last page of this thread but here's News Week's take on Russia's economy.
I would say the author overestimates the extend of "grumbling". See the results of recent elections. Thus far recession and the decrease of incomes didn't affect political stability that much.
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  #62  
Old 20 Sep 16, 12:21
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Quote:
Originally Posted by Artyom_A View Post
I would say the author overestimates the extend of "grumbling". See the results of recent elections. Thus far recession and the decrease of incomes didn't affect political stability that much.
That is the key factor: faith in the system.

If the people believe, they can weather anything.
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  #63  
Old 21 Sep 16, 03:12
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Originally Posted by Arnold J Rimmer View Post
That is the key factor: faith in the system.

If the people believe, they can weather anything.
Speaking from experience.

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  #64  
Old 22 Sep 16, 03:08
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For illustration: annual inflation rate (blue) and Bank of Russia's key interest rate (red) in 2012-2016:

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  #65  
Old 22 Sep 16, 08:01
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Russia issues a new portion of eurobonds worth 1.25 billion $:
http://rbth.com/business/2016/09/22/...125-bln_632235
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  #66  
Old 29 Sep 16, 16:43
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Official information on status of Russian federal and consolidated budget in the first 8 months of 2016:
http://old.minfin.ru/en/?id_56=25646
http://old.minfin.ru/en/?id_56=25611

Federal spending and revenues and (1.01-31.8.2016):
Income - 8 142.8 billion rubles
Expenditure - 9 661.3
Deficit - 1 518.5

Consolidated (federal + regional + pension fund) spending, revenues and deficit:
Income - 17 201.4 billion rubles
Expenditure - 18 182.2
Deficit - 980.8

Deficit was mostly compensated from reserves.
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  #67  
Old 07 Oct 16, 08:31
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The Russian government corrected prognosis of budget deficit this Thursday. It's expected that annual deficit of federal budget toward the end of the year will amount to 3 trillion rubles instead of original 2.3 trillion. The deficit will be covered by increase of internal loans from 300 to 500 billion annually.
On a positive side the expected annual inflation decreases from 6.4 to 5.8%, expected 2016 GDP - 78.7 to 82.8 trillion rubles in nominal value.
http://expert.ru/2016/10/6/vyirosli-i-defitsit-i-vvp/
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  #68  
Old 27 Nov 16, 06:10
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Russian car market continues to shrink: sales in October this year are 2.6% smaller than in October 2015 (total 127 000 cars). Sales in January-October (1.15 million) are 13% smaller than in the previous year. Russian AvtoVAZ is still the biggest company on the market selling in October 2016 13% more than a year before.
http://expert.ru/expert/2016/47/edem-vniz/
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  #69  
Old 28 Nov 16, 02:49
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Quote:
Originally Posted by Artyom_A View Post
Russian car market continues to shrink: sales in October this year are 2.6% smaller than in October 2015 (total 127 000 cars). Sales in January-October (1.15 million) are 13% smaller than in the previous year. Russian AvtoVAZ is still the biggest company on the market selling in October 2016 13% more than a year before.
http://expert.ru/expert/2016/47/edem-vniz/
Not a good sign. In the U.S. the auto market is a leading indicator of how the economy is doing. If it starts to shrink and continues in that direction then you can look forward to a recession. The caveat being that Russia is not as dependent on its cars as the U.S. (I think).

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  #70  
Old 28 Nov 16, 07:15
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You will be surprised, but sales of luxury cars in Russia were booming in the last years.

Russian Ministry for Economy reports a zero economical growth in October . According to the same source in January-October 2016 the Russian GDP decreased by 0.7% compared with the same period of 2015, in October 2016 - 0.5% compared with October 2015:
https://lenta.ru/news/2016/11/28/rusgdp/
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  #71  
Old 01 Dec 16, 16:14
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Very interesting article on Russian economy

http://www.fort-russ.com/2016/12/fou...n-economy.html

What I didn't know is how Russia subsidizes agriculture via loans, but that happens in the European Union as well, and the EU system is much more dysfunctional.
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  #72  
Old 09 Dec 16, 05:29
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Russian AvtoVAZ company sales in October 2016 18% more cars (25 500) than in October 2015. Overall sales in 2016 are 3% smaller than a year before, yet demonstrated a positive dynamic from July and on.
http://expert.ru/2016/12/8/avtovaz/
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  #73  
Old 30 Dec 16, 20:48
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Quote:
Originally Posted by Arnold J Rimmer View Post
That is the key factor: faith in the system.

If the people believe, they can weather anything.
No they can't. Reality will have its way. I know. My people know.
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  #74  
Old 12 Jan 17, 16:19
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Russian economy is 1/26 the size of the American economy.

What a reality check for the Great Leader in the Kremlin who aspires to be a world leader.

I guess he aspires like the North Korea fat boy in Pyongyang: "nuclear weapons as a shortcut to greatness."

When President Putin runs in a marathon, how does he feel when he's the 26 runner to cross the finish line?

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  #75  
Old 13 Jan 17, 02:45
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Quote:
Originally Posted by MonsterZero View Post
Russian economy is 1/26 the size of the American economy.
And still they manipulate elections all over the globe and appoint their puppet as an American President.
Actually I've posted a link elsewhere just recently:
http://data.worldbank.org/indicator/NY.GDP.MKTP.PP.CD
https://en.wikipedia.org/wiki/List_o...es_by_GDP_(PPP)
Russia had the 6th largest economy in the world and is only by a small margin behind Germany on the 5th place.
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