The Russia - Ukraine Conflict

[voltronblack]

Are we living through a new order of the world?!

From the look of it yeah
China Plans To Take Advantage Of The Big Oil Exodus From Russia | OilPrice.com

• The exodus of Western companies from Russia in the wake of its invasion of Ukraine has left a business vacuum that China is very interested in filling.
• Notably, China is interested in taking advantage of the oil, gas, and metals projects that have been left behind by various companies boycotting Russia.
• It seems that sanctions and boycotts on Russia may have the unintended consequence of strengthening China’s efforts to internationalize the yuan.

Amid an exodus of Western European and U.S. companies from Russia, Chinese businesses are seeking to take their place, Bloomberg reported this week, citing unnamed sources in the know.

It was only a matter of time, really. Nature abhors a vacuum, and so does business. Chinese business, in addition to this, is quite pragmatic, unlike its Western counterparts and competitors. So, once BP, Shell, and pretty much everyone but French TotalEnergies left Russia in the wake of the Ukraine crisis, Chinese energy firms owned by the government started considering moving in.

According to Bloomberg sources, the government in Beijing is talking to four state-owned entities about the acquisition of stakes in Russian oil and metals companies. The entities include China National Petroleum Corp, or CNPC, China Petrochemical Corp, or Sinopec, the country’s largest refiner, as well as Aluminum Corp and China Minmetals Group.

Talks, the report said, were also ongoing between Chinese and Russian companies, although it was too early to say whether they would end with deals. The chances of deals, however, are pretty good. It is one of the clearest examples of mutual benefits: China needs raw materials to grow; Russia has the raw materials and needs money.

It’s a win-win situation, and it has one potentially crucial bonus: it would further strengthen non-dollar transactions between the two countries, undermining the global dominance of the greenback, and, over time, immunizing the two countries from future sanction action.

Russia is already accepting payments in yuan for its exports to China, and Russian companies are in a rush to open Chinese bank accounts, Axios reported earlier this week. Several Russian banks are also considering a switch to China’s card payment system UnionPay after Visa and Mastercard left. An acquisition of stakes by Chinese companies in oil and metals companies would only strengthen this process.

Analysts have been writing about China’s yuan internationalization efforts for years. It is not a secret but rather an important aspect of China’s pretty visible global expansion plans that have worried Western governments. And yet it seems that what these governments are doing is facilitating China’s expansion.

The wave of sanctions against Russia was meant to punish the Kremlin—and the Russian population along with it—for the invasion of Ukraine. One very big unintended consequence of that punishment, however, was pushing Russia and China further into each other’s arms.

This is hardly something that sits well in Brussels, London, or Washington as both Europe and the U.S. struggle with higher energy costs, driving inflation higher and higher at a time when billions are planned to be spent on the energy transition. And yet it was something that Brussels, London, and Washington pretty much did single-handedly.

Related: Surprise Crude Draw Bolsters Oil Prices

China has a near-insatiable appetite for energy, and it does not shy away from using fossil fuels to satisfy this appetite. Unlike governments in Europe and the U.S., Beijing is in no frantic rush to reduce emissions. Its net-zero target year is 2060. And if Russia is, by force of sanction action, selling its oil at a discount, then all the better for Chinese buyers.

What would be even better is, for example, replacing BP as a shareholder in Rosneft. Some industry observers with a longer memory would remember that the Rosneft stake was the only thing that kept BP from slipping into a loss during the last oil downturn, thanks to the Russian tax regime and the ruble/dollar exchange rate.

Yet with the energy transition firmly underway, judging by statements being made on both sides of the Atlantic, metals are also center-stage alongside oil and gas. China already has dominance in critical minerals thanks to its massive rare earths processing capacity. It wouldn’t hurt to grow its presence in aluminum and, why not, nickel, too.

All this would deepen an already significant disadvantage for the West. In fact, for some, the scenario of a Russia-China partnership falls in the “nightmare” category. Yet it has been the West that has been the most active in enabling this partnership by failing to consider the consequences of its actions. And as we all know, all actions have consequences, often unintended and sometimes harmful for the one doing the action.

By Irina Slav for Oilprice.com

 

[Piff Perkins]

Weeks later and they're still fukking their vehicles up and not even trying to take care of the treads, tires, etc.

They're literally going to run out of ammo and supplies at this rate. Hell they're already begging China for MREs and weapons, allegedly. Meanwhile the Russian economy is crashed and will likely be in full blown panic mode a month from now. My initial assessment was that they'd take Ukraine eventually and then lose the protracted insurgency war. But now? It's looking like Ukraine can outright fight this to a draw.

At this point Russia is simply gonna move to their next playbook of just blowing everything up. Same shyt they did in Syria. But Ukraine is being supplied at a level the Russians haven't experienced before. This is gonna just get uglier and uglier.

 

[Json]

From the look of it yeah
China Plans To Take Advantage Of The Big Oil Exodus From Russia | OilPrice.com

This has all the earmarks of the frog and scorpion.

Making a deal when you’re at a disadvantage that your successors have to deal with. And Russia has shown it doesn’t like being held at a disadvantage.

 

[Payroll]

 

[Strapped]

You cannot trust the man's word on anything

 

[Dr. Acula]

You're fukking retarded to go fight in a war that doesn't have anything to do with you. Only excuse is if you're Ukranian and have family to protect back home.

Wait until your actual life is in jeopardy before throwing your life away. I saw several people from reddit who got sucked into this "SAVE Ukraine" vortex actually go and join this shyt.

 

[voltronblack]

 

[50CentStan]

The media won't tell the truth about Ukrainians being typical scumbags in a war zone. Instead they paint them as some brave honorable people and these dumb asses beleive it.

 

[CASHAPP]

Ask yourself why isn't France all in on NATO ?
Why would you want my arms in your country ?
Why would you want me telling you what to do ?
France has developed it's own defense systems away from Uncle Sams oversights !
Germany needs to get rid of NATO & rebuild it's own defense systems so that Washington isn't telling them what to do !

Germany already started doing part of that.

https://www.vox.com/22960493/germany-chancellor-reversal-defense-war-russia-ukraine

They are making a complete 180. I heard that even Australia of all places been building up their military like crazy since recent events

 

[CASHAPP]

France has always been one foot in one foot out with NATO. it's France...

NATO weapons and troops in a NATO nation offer deterrence and defense.

All NATO decisions must be unanimous.

ever heard of The Maginot Line?

again, All NATO decisions must be unanimous.


you should know what you are talking about before you go shooting off at the mouth like a female.

Spoiler

Didn't France used to be clowned alot for their role in World War 2? History does repeat itself for real

 

[Orbital-Fetus]

Didn't France used to be clowned alot for their role in World War 2? History does repeat itself for real

they still are.
i jokingly call them surrender monkeys but on the real, French fight.
they just fukked up leaving their northern border open via Belgium, a neutral nation.
the Maginot Line ended at Belgium's boarders so Germany bum rushed the back door.

 

[Jekyll]

Someone tipping off Russia about mercenaries coming to help Ukraine?

Russia has spies everywhere. Probably not vetting the mercenaries too seriously. This is probably why some of the Ukraine soldiers are turning on the foreigne.

 

[Mowgli]

What are the odds of Ukranian refugees linking with American white nationalists after the United States cuts a new deal with Russia down the road cuz poppy Putin got that cheap energy

 

[Jefferson Jackson]

 

[Grand Conde]

The first two tweets are about an attack near the Polish border, the other tweets are about an attck near Kyiv.

fakkits like you should be banned from this thread, retard.

And of course this illiterate Putinist halfwit @Skooby dapped this post. Motherfuxker is too stupid to check locations across a few tweets.