| Submit your comments on this article |
| Caucasus/Russia/Central Asia |
| Grandmaster Putin: Russia Recovers Stocks Of Its Companies |
| 2015-01-05 |
| h/t Gates of Vienna Prior to this, part of the stocks of Russian energetic companies belonged to the foreign investors (American and European) which meant that almost half of the profit from oil and gas companies did not went to Russian treasury, but to accounts of "financial sharks" in Europe, writes "Novosti". Because of the situation in Crimea, ruble began to fall dramatically, but Central Bank did nothing to support the exchange rate of ruble. Rumors appeared that Russia does not have sufficient money stock in order to support the exchange rate of ruble. Those rumors and Putin’s statement that he will protect Russian speaking population in Ukraine led to a dramatic fall in value of the stocks of Russian energetic companies, and "financial sharks" suddenly started to sell the stocks on the stock market before they completely lost their value. Putin waited for an entire week and only smiled at press conferences, and when the price of the stocks completely fell, he ordered immediate purchase of all stocks which were in hands of Americans and Europeans. When "financial sharks" realized they were tricked, it was already too late. Stocks were in Russian hands and not only that Russia made more than $20 billion that day, but also recovered the stocks of its companies into Russian hands. Now, all the profits made from oil and gas will stay in Russia and not go out of the country. Ruble will grow by itself and for its support it will not be necessary to spend golden reserves of Russia. European "financial sharks" remained with their heads bowed as fools – in a few minutes, for pennies, Russia bought stocks worth billions in profit from oil and gas. Playing chess with monkeys. |
| Posted by:g(r)omgoru |
| #9 And O messes up the 14th hole really bad. |
| Posted by: Alaska Paul 2015-01-05 21:48 |
| #8 and he hasn't even worked out the important hole is the 19th. |
| Posted by: Bright Pebbles 2015-01-05 15:12 |
| #7 Magic words again. US used to be p*o*k*e*r playing president vs a chess playing nation. Now we just have a want-a-be golfer. sigh. |
| Posted by: 3dc 2015-01-05 13:43 |
| #6 Chess and checkers have been used as metaphors for Putin and Obama Checkers & Obama, permit me my doubts. |
| Posted by: g(r)omgoru 2015-01-05 11:38 |
| #5 Chess has long been popular in Russia—Czar Ivan IV is thought to have died while playing a match in 1584. After the Bolsheviks took power in 1917, it became a national pastime. Soon after the revolution, Vladimir Lenin's supreme commander of the Soviet army, Nikolay Krylenko, laid the foundations for state-sponsored chess: He opened chess schools, hosted tournaments, and promoted the game as a vehicle for international dominance. Why are the Russians so good at chess? Chess and checkers have been used as metaphors for Putin and Obama. Business has long been the province of the U.S.--well maybe not so much lately. Ideology seems to blind Obama to the strategic aspects of business and its potential as a weapon. Russia and the Marxist system don't seem to be so good at business in the long run although they did seem to catch on to mass production during WWII when producing weapons. |
| Posted by: JohnQC 2015-01-05 09:06 |
| #4 With the Saudis refusing to diminish production and consequently everyone else then pumping more oil into the market while the American portion of the international market continues to shrink, Putin may be recovering Russia's own natural resources too, no or minimal oil exports. (See-Hermit Kingdom [How's that working out for North Korea]). Well at least they have the corner market on military sales for equipment good enough to keep the tyrants and kleptocracies in power. |
| Posted by: Procopius2k 2015-01-05 08:23 |
| #3 All for the front! |
| Posted by: Shipman 2015-01-05 07:25 |
| #2 Yeah, the "financial sharks" are investors who got Russia through some hard times. But the language of Marxism hasn't changed since it was developed. |
| Posted by: Rob Crawford 2015-01-05 06:16 |
| #1 Financial sharks? Grandmaster Putin? Serbian author with his head so far up Putins rear end he can't check his grammar. Russian propaganda is getting desperate these days |
| Posted by: USA #1 2015-01-05 05:48 |