Credit Suisse's Pozsar says commodities crisis could weaken Eurodollar, boost yuan
March 8 (Reuters) - China's central bank is uniquely placed to backstop a global commodities crisis sparked by sanctions imposed in response to Russia's invasion of Ukraine, potentially paving the way for a much...
LVIV/IRPIN, Ukraine, March 7 (Reuters) - Russia warned that oil prices could surge to $300 a barrel and it might close the main gas pipeline to Germany
https://www.reuters.com/markets/asia/top-wrap-10-ukraine-says-bread-factory-hit-talks-make-little-progress-2022-03-07/
Russia’s Deputy Prime...
Has yuan become Russia's new dollar?
March 7, 2022
Russia could use the Chinese yuan to bypass the crippling sanctions and SWIFT payment ban imposed by the US and its allies.
One rouble now buys less than one US cent, causing ordinary Russians to flock to stores of value such as gold and...
Russian banks rush to switch to Chinese card system
March 6 (Reuters) - Several Russian banks said on Sunday they would soon start issuing cards using the Chinese UnionPay card operator's system coupled with Russia's own Mir network, after Visa and MasterCard said they were suspending...
The majority of Russian exports are basic commodities. There's nothing "shiddy" about it. China will gladly buy it. But let me tell you an open secret you probably already know. A U.S. naval blockade on China will be far less effective if Russia is willing to funnel all her oil and gas to...
China's dreams have come true.:pop:
Secretary of State Antony Blinken said the U.S. and its allies are considering banning Russian oil and natural gas imports in response to the country’s invasion of Ukraine during an interview on Sunday.
“We are now talking to our European partners and allies...
Western sanctions are basically FORCING Russia to embrace the yuan. This is my dream come true.
Exclusive: Russian firms rush to open Chinese bank accounts
https://www.reuters.com/business/exclusive-russian-firms-rush-open-chinese-bank-accounts-sanctions-bite-sources-2022-03-03/
Iran is the...
Bingo. And those natural resources are getting CHEAPER for China as the yuan continues to hit record highs against the ruble.
Russia-China Trade Stifled by Yuan’s Surge Against Ruble
https://finance.yahoo.com/news/russia-china-trade-stifled-yuan-072130544.html
Why would Chinese moviegoers shun Hollywood films when Hollywood has so much to offer...in terms of inclusiveness and diversity?
For example, Hollywood can offer black Bond girls.
Black MJ in Spider-Man.
Black Catwoman in the upcoming Batman movie.
Anyone starting to see a pattern here...
BEIJING, Feb. 9 (Xinhua) -- China has set up a total of 1.43 million 5G base stations as of the end of 2021
http://www.xinhuanet.com/english/20220209/a2c3c689769a4bb59d418fc6960aacb5/c.html
:pop:
Speaking of the Space Shuttle, I would love to see a concept like this come to fruition. Space Shuttle at the top. "Falcon Heavy" first stages at the bottom (copied from SpaceX lol). The whole thing would be reusable.
Chinese company Space Transportation is developing a "rocket with wings" for space tourism and point-to-point travel. I don't know if this counts as a TSTO spaceplane because the entire flight path might be suborbital, but who cares if it gets the job done.
This is my idea. Combine the above...
The Battle at Lake Changjin has currently grossed over $900 million at the box office, making it the highest-grossing film of 2021; the highest-grossing film in Chinese history; and the highest-grossing non-English film.
https://en.wikipedia.org/wiki/The_Battle_at_Lake_Changjin
China has installed 950,000 base stations to America’s 100,000. By the end of last year, 150 million Chinese were using 5G mobile phones with average speeds of 300 megabits a second, while only six million Americans had access to 5G with speeds of 60 megabits a second...
Nothing more than a temporary boost from the release of the iPhone 13.
Strong unit sales of the new iPhone 13 already boosted Apple's share of China's smartphone market to over 20% in October, up from less than 5% in September, according to figures from China Academy of Information and...
Nov 30, 2021
Read the entire email from Musk below:
Unfortunately, the Raptor production crisis is much worse than it seemed a few weeks ago. As we have dug into the issues following exiting prior senior management, they have unfortunately turned out to be far more severe than was reported...