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Fwiffo

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"As a result, the company’s affordable four-door passenger car Lada Granta, will no longer feature air bags, anti-lock braking systems, electronic stability control or emergency retraction locks on seat belts. It also fails to fulfill the 21st century emission standards adopted by many of Russia’s neighbors."

Surely China could have sent it parts...
 

Fwiffo

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Answering the President's call to action

“There is no question that (Russian President) Vladimir Putin is principally responsible for the intense financial pain the American people and their families are bearing,”

"Today's inflation report confirms what Americans already know. Putin's price hike is hitting America hard."

"We’ve never seen anything like Putin’s tax on both food and gas,"
 

Fwiffo

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"Gazprombank, Russia’s third largest bank, has been spared the kind of severe restrictions facing many other Russian lenders. It continues to oversee transactions in dollars and euros, and remains part of the international SWIFT bank messaging system."
 

Fwiffo

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"And for every 10 barrels of Russian oil China typically bought before the war, the UK and US between them bought one. Moscow may not struggle too hard to plug at least some of the gap as those two nations take their custom elsewhere.

Overall, exports of Russian oil and gas are falling and Moscow's revenue from energy sales has also declined from a peak of well over $1bn a day in March.

But revenues still exceeded the cost of the Ukraine war during the first 100 days - with the CREA estimating that Russia is spending around $876m per day on the invasion.

Monday's figures also showed that China imported 260,000 tonnes of Iranian crude oil last month, its third shipment of Iran oil since last December.

China has continued to buy Iranian oil despite US sanctions on Tehran."

Iran, Russia, Saudi Arabia powering China and India. The Holy Trinity.
 

Fwiffo

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"Shell has been in talks with potential buyers for its stake in the project, including some from China and India, according to previous reports by The Daily Telegraph and Reuters."

How are those sanctions working?
 
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