Thank the Sanctions: West Admits That Russia Copes, Keeps Walking. Fast

[Hasbara Buster]

Thank the Sanctions: West Admits That Russia Copes, Keeps Walking. Fast

West has admitted that the sanctions card has not paid off and investors once again favor Russia; Bloomberg has issued a positive analysis and forecast for Moscow following the announcements of Russia’s finance minister.

Ruble Strong: Russian Currency No Longer Reacts to Oil Prices, Foreign Debt

Following the announcements of Russia’s Finance Minister Anton Siluanov that Russia’s ruble has found its balance as it no longer reacts to falling oil prices or foreign debt payments, Bloomberg has come up with the same forecast.

The agency admitted that the swings in the ruble’s value, which became the world's most volatile currency last year, have narrowed in 2015, “more than any of the other 30 most-traded currencies.”

The Bloomberg Russia Local Sovereign Bond Index has measured that investors in Russian government securities denominated in rubles have earned the equivalent of 7 cents on the dollar so far this year.
In contrast, anyone holding similar government debt in emerging markets across-the-board has lost 1.1 percent in 2015, it said.

Russia's corporate bondholders are also in the black; they've had a 7.3 percent total return in 2015.
“And while shareholders in the global emerging market stocks measured by the MSCI Emerging Market Index gained 1.7 percent this year, the 50 Russian stocks in the Micex index are up 11.9 percent — better than the Standard & Poor's 500 or any other North American market.”

Russian Inflation for 2015 Projected at 11-12% - Russian Finance Minister

The agency echoed Siluanov’s forecasts for the Russian economy as well.
On Thursday the finance minister told the Russian Union of Industrialists and Entrepreneurs’ Congress that the Russian economy has passed its lowest point at the end of 2014 and is now stabilizing.

Bloomberg confirmed that Russian companies represented in the Micex index are more profitable, when measured by Ebitda margins (earnings before taxes, depreciation and amortization) than the rest of the companies included in the global MSCI Emerging Market Index.

A number of Russian companies are outperforming their global peers, it said.
“One possible reason for the growth?” Bloomberg questioned. His answer was simple: sanctions.
“With foreign goods unavailable, Russians had to choose homegrown products and services.”

Thank the Sanctions: West Admits That Russia Copes, Keeps Walking. Fast / Sputnik International

 

[Imtiaz_Sarwar]

The influence of US and Europe on the world has limits.

 

[C130]

sputnik international clearly this isn't a pro-russia propaganda news site.

 

[ptldM3]

sputnik international clearly this isn't a pro-russia propaganda news site.

I believe Forbes had an article that said the same thing.

*Edit* it was not Forbes, it was Bloomberg.


Russia Rebounds, Despite Sanctions

 

[flamer84]

I believe Forbes had an article that said the same thing.

*Edit* it was not Forbes, it was Bloomberg.


Russia Rebounds, Despite Sanctions

Your finance minister admitted that Russian GDP will shrink 3% this year.As for the rebound,well,rising a little after you've fallen so much isn't exactly a major achievement.

 

[C130]

I believe Forbes had an article that said the same thing.

*Edit* it was not Forbes, it was Bloomberg.


Russia Rebounds, Despite Sanctions

then post bloomberg

 

[ptldM3]

Your finance minister admitted that Russian GDP will shrink 3% this year.As for the rebound,well,rising a little after you've fallen so much isn't exactly a major achievement.

It was forcast to be drop as high as 5%, now its 3%, six months from now no one knows. A couple quotes from the Bloomberg article:

That was then. Now the picture is changing, with investors starting to favor Russia in 2015. The ruble, which became the world's most volatile currency last year after President Vladimir Putin's land grab, is stabilizing. The swings in its value narrowed this year more than any of the other 30 most-traded currencies.



78 percent of the Russian companies in the Micex index showed greater annual sales growth than their global peers




Investors in Russian government securities denominated in rubles have earned the equivalent of 7 cents on the dollar so far this year, as measured by the Bloomberg Russia Local Sovereign Bond Index. In contrast, anyone holding similar government debt in emerging markets across-the-board has lost 1.1 percent in 2015.

The picture is even rosier for Russia's corporate bondholders; they've had a 7.3 percent total return in 2015, leading the gains in the index for emerging market corporate bonds compiled by Bloomberg. And while shareholders in the global emerging market stocks measured by the MSCI Emerging Market Index gained 1.7 percent this year, the 50 Russian stocks in the Micex index are up 11.9 percent -- better than the Standard & Poor's 500 or any other North American market.

then post bloomberg

Or you can drag your cursor over the link i provided and click on it.

 

[flamer84]

It was forcast to be drop as high as 5%, now its 3%, six months from now no one knows. A couple quotes from the Bloomberg article:







Or you can drag your cursor over the link i provided and click on it.

I'm pretty sure we won't see growth but ,as you've said,let's wait.Btw,it was winter and money came from gas exports,now with winter over those exports will be going down.

 

[ptldM3]

I'm pretty sure we won't see growth but ,as you've said,let's wait.Btw,it was winter and money came from gas exports,now with winter over those exports will be going down.

The Drop in GDP is because of two things, low oil prices and capital fleeing the country but this has reversed with the Ruble seeing the greatest positive change in any of the 30 worlds most traded currencies; fuel prices are shooting up again. 78 percent of the Russian companies in the Micex index showed greater annual sales. In general Russian companies are seeing increased growth and sales due to sanctions. Less people are buying foreign goods and instead opting for local goods.

 

[flamer84]

The Drop in GDP is because of two things, low oil prices and capital fleeing the country but this has reversed with the Ruble seeing the greatest positive change in any of the 30 worlds most traded currencies; fuel prices are shooting up again. 78 percent of the Russian companies in the Micex index showed greater annual sales. In general Russian companies are seeing increased growth and sales due to sanctions. Less people are buying foreign goods and instead opting for local goods.

The ruble growth seems impressive only because it was so low in the beginning.

 

[UKBengali]

As long as China/India backs Russia, sanctions won't affect Russia over the long-term.

Russian ability to cope with the sanctions will demonstrate that the age of Western supremacy is finally ending.

 

[Penguin]

Uh

The influence of US and Europe on the world has limits.

I"m sorry, but if I believe posters here, we Europeans are just US slaves. Therefore we have no influence.
(mmm time to get your stories straight?).

 

[Imtiaz_Sarwar]

Uh

I"m sorry, but if I believe posters here, we Europeans are just US slaves. Therefore we have no influence.
(mmm time to get your stories straight?).

That is a point of view of some people. When European countries combined their currencies, and adopted Euro as their common currency it became a match for US Dollar. If European countries were to combine their defence production, it would produce a super power. But that is a big question mark as some countries like UK are too proud to fully integrate into Europe.

 

[Tshering22]

That is a point of view of some people. When European countries combined their currencies, and adopted Euro as their common currency it became a match for US Dollar. If European countries were to combine their defence production, it would produce a super power. But that is a big question mark as some countries like UK are too proud to fully integrate into Europe.

Or for that matter the entire European continent, who simply cannot unite to respect each other's diversity. The general European tendency of "my language/culture/religion/customs/traditions are higher/better/superior to yours" will not let them ever integrate.

 

[Imtiaz_Sarwar]

Or for that matter the entire European continent, who simply cannot unite to respect each other's diversity. The general European tendency of "my language/culture/religion/customs/traditions are higher/better/superior to yours" will not let them ever integrate.

Well it is their territory and they can do as they please as long as the don't get ideas of empire building and forming colonies.