Vladimir Putin recently made comments on the seriousness of global conflicts that can lead to nuclear conflict. Patriots worldwide should pay close attention as the globalists build their dangerous nuclear arsenal.
In stark contrast to attempts in numerous western countries to stifle free speech online, Russian President Vladimir Putin defended Internet freedom during a conference...
A prominent Swedish lawmaker asserts that Hungarian billionaire George Soros's influence on European politics and policies make him "one of the most dangerous men,"
Did Democrats bother to look into why 'zero experience Hunter' Biden was
getting rich compliments of a shady Ukrainian company while his father
oversaw Ukraine policy for the Obama administration?
Secretary of State Mike Pompeo holds a joint press conference with
Russian Foreign Minister Sergey Lavrov. Later today, President Trump
will meet with Lavrov at the White House.
Former U.S. Ambassador to Ukraine Marie Yovanovitch admitted Friday
under questioning from Republican counsel that she had been briefed
about the fact that Hunter Biden was on Burisma’s board, but did nothing
about it.
“You know, I’m just at a loss, it’s very hard to explain it all”.
An exchange between two speakers on one of Russia’s largest
television shows illustrates how people in eastern Europe are completely
bewildered by the west’s obsession with identity politics.
The dialogue took place during a discussion on Russia-1, a state
owned channel with the second largest viewership in the country.
The host and his guest were talking about Russian President Vladimir
Putin’s meeting with outgoing British Prime Minister Theresa May at the
G20 when the conversation suddenly veered into the bizarre.
“These days in Scotland, a 17-year-old schoolboy was suspended from
school for 3 weeks….for saying that there are only two sexes, male and
female, there is no in-between,” said the guest, referring to a real story that happened.
“I expected it to provoke a backlash in society, at least somewhere,” he added.
The host then said that he only knew of male and female and asked his
guest to provide a description of a third, fourth and fifth sex.
“I just tried to make you feel what’s going on here,” responded the guest.
He then went on to describe a recent story about how staff at London
zoo had placed a banner in the penguin enclosure that reads, “some
penguins are gay, get over it” (this also actually happened).
“You know, I’m just at a loss, it’s very hard to explain it all,” said the guest as the host looked on bewildered.
“Do gay penguins take offense if somebody mistakes them for straight penguins?” quipped the host.
“Of course, it’s absurd, but it perfectly reflects the insanity in politics,” concluded the guest.
The clip was posted to YouTube by Vesti News under the title ‘Does
Theresa May Dislike Putin Because She Believes in 64 Genders and He
Doesn’t?’
It’s interesting to note that the discussion almost seemed like it
was about the behavior of an alien species on a different planet, not
another country on the same continent.
Last month, Vladimir Putin remarked on a similar topic, asserting that liberalism was in its death throws thanks to forced multiculturalism.
“The ruling elites have broken away from the people,” Putin told the
Financial Times, adding that the “so-called liberal idea has outlived
its purpose” and some western leaders had acknowledged that
“multiculturalism” is “no longer tenable”.
The Real Clear Politics report claims Mueller's team relied on a 'private contractor for the Democratic National Committee'; reaction from Florida Congressman Matt Gaetz, Republican member of the House Judiciary Committee, and former Watergate prosecutor Jon Sale.
So I am still thinking about this Chernobyl special, which somehow
managed to touch a nerve. A lot of people, far from politics, were very
moved by the way it was shot, with coloring reminiscent of Tarkovsky's
Stalker. Grim Soviet reality that somehow looks cool and artsy when shot
through specially tinted lenses. Tarkovsky, apparently, wanted this
look, and had to ostracize a lot of people when he decided to re-shoot
Stalker, because the original tape was defected by his standards.
In any case, the director, Craig Mazin, must be a talented dude. Yet,
the film was obviously more that an artistic project. There must be some
CIA/MI5 money involved. Like they do in all other stupid projects of
theirs, especially when they feel that it is time to counterbalance
Russians. So let's pour money into White Helmets, and all sorts of
propaganda films. But why stop there. If the plight of the free world is
at stake, let's give money to Armstrong, and Pollack, and Faulkner, and
Elton John, and all other important western artists who should promote
western values.
And the artists do take money and keep on doing
their art! Should we condemn them? All these modernists who were on the
CIA take? But if we don't condemn them --these greats of the XX
century --why do we condemn the Soviet artists, who took money from
their government: Shostakovich, and Eisenstein, and Sholokhov and so on?
"Brave" Solzhenitsyn had a nerve to condemn Eisenstein in his
"One day," decrying the "pseudo" genius, who condones violence on the
cue from the tyrant. Implying -- following Pushkin - that a genius --
can't serve evil. But didn't he see the irony? Didn't he imagine
himself a genius, while being on the take from the west, serving the
American imperialism and getting western money in the forms of prizes,
and contracts and all other accouterments? So if you take western
money, you are OK, if you take Soviet money, you are a sell-out? A new
doctrine and strange!
How are we to judge? Should we use this
criteria (where the money are coming from) or should we just convince
out selves, that we are following art?
I think the source of
money is important, yet, it does not really matter to me, where they are
coming from: east or west, communists or capitalists, Arabs or
Zionsists, and so on. What should matter is who is an underdog!
If Craig Mazin, or White Helmets take money from the bullying and
controlling regime, which is ready to kill for the sake of its hegemony,
they are serving the devil. If the money are coming from an underdog,
fighting for its independence or existence, that's a different story.
There is a moral responsibility, but it is unrelated to a story, while
directly related to who is using the story. If the Jews in Polish Ghetto
hired me to tell their story and paid me with gold that they've
collected, it is one thing. If the Nazis hellbent on destroying them,
are paying me with the gold, this gold sucks. And so is the story!
The Russian president claims his country's attitude "to the LGBT community is absolutely calm and unbiased".
Vladimir Putin has responded to criticism from Sir Elton John on the
Russian leader's attitude to LGBT rights by saying the singer is
mistaken.
Sir Elton accused Mr Putin of duplicity after the
president criticised the West for emphasising lesbian, gay, bi-sexual
and trans culture over "traditional family values".
Mr Putin told a news conference: "I deeply respect him, he is a
musical genius and we all love his performance, but I believe he's
mistaken."
Sir Elton and the filmmakers of his biopic Rocketman
have hit out at a Russian distributor's decision to censor scenes from
the new movie featuring gay sex and drug use.
The Russian
president said his country's ban on what he called LGBT "propaganda" was
aimed at protecting children from aggressive proselytising by the LGBT
community.
"Let a person grow up first before making a choice," Mr Putin said. "Let the children in peace."
Dear President Putin,
I was deeply upset when I read your recent interview in the Financial Times.
I
strongly disagree with your view that pursuing policies that embrace
multicultural and sexual diversity are obsolete in our societies. pic.twitter.com/wNG3imaR2r
He claimed: "Our attitude to the LGBT community is absolutely calm and unbiased.
"This part of the community aggressively enforces its point of view on others," he added.
The
music legend said he was "deeply upset" by Mr Putin's interview with
the Financial Times in which the Russian president said liberalism "must
not be allowed to overshadow the culture, traditions and traditional
family values of millions of people".
Addressing Mr Putin directly, Sir Elton wrote on Twitter: "I strongly
disagree with your view that pursuing policies that embrace
multicultural and sexual diversity are obsolete in our societies.
"I find duplicity in your comment that you want LGBT people to 'be happy' and that 'we have no problem in that'.
"Yet
Russian distributors chose to heavily censor my film Rocketman by
removing all references to my finding true happiness through my 25 year
relationship with David and the raising of my two beautiful sons.
"This feels like hypocrisy to me."
Human
rights groups have said Russia's laws targeting the LGBT community have
increased the hostility members face and made it more difficult for
them to seek support.
One part of Russia, the mostly Muslim
republic of Chechnya, saw a crackdown in 2017 during which more than 100
gay men were arrested and subjected to torture, with some of them
killed, according to activists.
Earlier this year, human rights
activists said Chechnya was carrying out a new crackdown in which at
least two people died and about 40 people were detained. Authorities in
Chechnya denied the claims.
The "worst case" trade war scenario was avoided in Osaka on Saturday when Trump agreed to restart trade talks with Xi, holding off new tariffs on Chinese exports, and signaling a pause in the trade hostilities between the world’s two largest economies; Trump added that while existing tariffs would remain in place the
US president eased restrictions on Huawei as part of what is now the
second ceasefire between the two superpowers in two months, removing an
immediate threat looming over the global economy even as a lasting peace
remains elusive.
"We had a very good meeting with President Xi of China, excellent, I
would say excellent, as good as it was going to be," he said. "We
discussed a lot of things and we're right back on track and we'll see
what happens", Trump told reporters after an 80-minute meeting with
Chinese President Xi Jinping on the sidelines of a summit of leaders of
the G-20 major economies in Osaka, western Japan.
“We’re holding back on tariffs and they’re going to buy farm products,” he said vaguely at a news conference, without giving any details of China’s future agricultural product purchases. “If
we make a deal, it will be a very historic event.” He gave no timeline
for what he called a complex deal but said he was not in a rush. “I want
to get it right.”
Whereas Trump and top admin officials alleged that Beijing had
reneged on provisions of a tentative trade deal, it was not immediately
clear if Xi agreed to return to previous agreements as part of the new
truce.
Trump, however, did relent on one of the major sticking points, saying U.S. firms would be allowed to sell components to Huawei, the
world’s biggest telecom network gear maker, where there was no national
security problem. The president said the U.S. commerce department would
meet in the next few days on whether to take it off a list of firms
banned from buying components and technology from U.S. companies without
government approval.
"I like our companies selling things to other people, so I allowed
that to happen," Trump said. “We’re talking about equipment where
there’s no great national security problem with it.” In recent months,
the Trump administration has been lobbying allies around the world not
to buy Huawei equipment, which the U.S. says could be used for Chinese
espionage.
Huawei was delighted by the news on its verified Twitter account:
“U-turn? Donald Trump suggests he would allow #Huawei to once again
purchase U.S. technology!”
Predictably, China also welcomed the step. “If the U.S. does what it
says, then of course, we welcome it,” said Wang Xiaolong, the Chinese
foreign ministry’s envoy for G20 affairs.
Trump said he had not yet decided how to allow U.S. companies to
continue selling to Huawei or whether to remove the tech giant from the
Commerce Department’s entity list. He said he would meet with advisors
next week to determine how to proceed.
U.S. microchip makers also applauded the move. “We are encouraged the
talks are restarting and additional tariffs are on hold and we look
forward to getting more detail on the president’s remarks on Huawei,”
John Neuffer, president of the U.S. Semiconductor Association, said in a
statement. Recently, Broadcom warned of a broad slowdown in demand as a
result of Huawei sanctions and slashed its revenue forecast.
And yet, it was not clear how long the exemption would last. Trump
said he had agreed with Xi to wait until the very end of trade talks to
resolve broader issues around Huawei, including Washington’s lobbying
campaign against allies buying its 5G equipment.
“Huawei is a complicated situation,” Trump said. “We’re leaving Huawei toward the end. We’ll see where we go with a trade agreement.”
The concession will likely draw criticism in Washington where
national security hawks have urged Trump not to ease any pressure
against Huawei. The company has long been the target of concern at the
Pentagon and intelligence agencies in part over what the U.S. claims are
its close ties to the Chinese military.
Huawei is one of few potent levers we have to make China play fair on trade.
If President @realDonaldTrump backs off, as it appears he is doing, it will dramatically undercut our ability to change China’s unfair trades practices.https://t.co/rja8CDs2T4
By agreeing to weaken restrictions on #Huawei, Trump not only undermined his own government, he undermined the entire argument #Huawei is a real national security threat. #facepalmhttps://t.co/BzuM8QA0Na
In exchange for his Huawei concession, Trump said Xi Jinping had promised to buy “tremendous” amounts of U.S. agricultural products. “We’re
going to give them a list of things we’d like them to buy,” Trump said
at a news conference following the Group of 20 summit in Osaka, Japan.
However, as Bloomberg notes, the first indications the second fragile
truce will collapse soon is that the Chinese official media reports said
only that the U.S. president hopes China will import more American goods as part of the truce, without an actual confirmation it will do so.
For now, however, the second truce, after a similar ceasefire was
announced on December 1 at the Buenos Aires G-20 summit, has been
achieved, offering relief from a nearly year-long trade standoff in
which the countries have slapped tariffs on billions of dollars of each
other’s imports, disrupting global supply lines, roiling markets and
dragging on global economic growth.
In a lengthy statement on the two-way talks, China’s foreign ministry
quoted Xi as telling Trump he hoped the United States could treat
Chinese companies fairly. On the issues of sovereignty and respect, Xi
said that "China must safeguard its core interests."
“China is sincere about continuing negotiations with the
United States ... but negotiations should be equal and show mutual
respect,” the foreign ministry quoted Xi as saying.
Trump had threatened to extend existing tariffs to almost all Chinese
imports into the United States if the meeting brought no progress on
wide-ranging U.S. demands for reforms.
The return to the negotiating table ends a six-week stalemate that has unnerved companies and investors, and
at least temporarily reduces fears that the world’s two largest
economies are headed into a new cold war, which they still are but only
after the current stalemate ends allowing the S&P to rise above
3,000 in the the meantime. Because, as Bloomberg notes, it’s
unclear how they can overcome differences that led to the collapse of a
previous truce reached at the G-20 in November.
* * *
While Trump and Xi were all smiles at their press briefing, the bad
blood between the two leaders behind the scenes is clearly still there.
Xi spent much of the summit’s first day Friday promising to open up the
Chinese economy, and attacking the U.S. (without naming it) for its
attack on the global trading system. As Bloomberg reported, Xi took a
"not-so-subtle swipe" at Trump’s “America first” trade policy in remarks
to African leaders on Friday, warning against “bullying practices” and
adding that “any attempt to put one’s own interests first and undermine
others’ will not win any popularity.” Xi also called out the U.S. over
Huawei and said the G-20 should uphold the “completeness and vitality of
global supply chains.”
For now, however, there is optimism.
“Returning to negotiations is good news for the business community
and breathes some much needed certainty into a slowly deteriorating
relationship,” said Jacob Parker, a vice-president of China operations
at the U.S.-China Business Council. But "now comes the hard work
of finding consensus on the most difficult issues in the relationship,
but with a commitment from the top we’re hopeful this will put the two
sides on a sustained path to resolution,” he said.
Others were more skeptical, and warned the pause - just like the first ceasefire - will not last.
“Even if a truce happens this weekend, a subsequent breakdown of
talks followed by further escalation still seems likely,” Capital
Economics said in a commentary on Friday, quoted by Reuters.
The United States says China has been stealing American intellectual
property for years, forces U.S. firms to share trade secrets as a
condition for doing business in China, and subsidizes state-owned firms
to dominate industries. Meanwhile, China has said the United States is
making unreasonable demands and must also make concessions.
The talks collapsed in May after Washington accused Beijing of
reneging on reform pledges. Trump raised tariffs to 25% from 10% on $200
billion of Chinese goods, and China retaliated with levies on U.S.
imports.
The U.S.-China feud had cast a pall over the two-day G20 gathering,
with leaders pointing to the threat to global growth. In their
communique, the leaders warned of growing risks to the world economy but
stopped short of denouncing protectionism, calling instead for a free,
fair trade environment after talks some members described as difficult.
* * *
Finally, global markets will breathe a sigh of relief on news of the
resumption in U.S.-China trade talks, even as an official deal remains
elusive, and there is no indication of how the two countries will bridge
the most difficult aspect of a feud that has emerged beyond simple
trade and now affects most aspects of US and Chinese life.
The flip-side is that with trade talks back on, the Fed will feel far
less pressure to ease in July, and since in June stocks exploded higher
on hopes that the Fed will cut rates as much as 50bps next month, such a
reversal in US-China relations could potentially prevent Powell from
capitulating, and leave the Fed on hold, an outcome which would lead to a
sharp drop in US capital markets. Indeed, in recent weeks, the S&P
has returned to record highs, treasury yields have tumbled to their
lowest level in years. The Japanese yen, a traditional beneficiary of
flight to quality, has gained, while the U.S. dollar has slipped across
the board, including against China’s yuan.
Russian President Vladimir Putin says that liberalism has “outlived its
purpose” and that multiculturalism is “no longer tenable”. In an
interview with the Financial Times, Putin explained what had caused the
rise of the “Trump phenomenon” in the United States as well as the
success of right-wing populist parties throughout Europe.
The Trump-Putin meeting in Japan is crucial for both leaders—and for the world.
Despite determined attempts in Washington to sabotage such a “summit,” as I reported previously,
President Trump and Russian President Putin are still scheduled to meet
at the G-20 gathering in Japan this week. Iran will be at the top of
their agenda. The Trump administration seems determined to wage cold,
possibly even hot, war against the Islamic Republic, while for Moscow,
as emphasized by the Kremlin’s national security adviser, Nikolai Patrushev, on June 25, “Iran has been and will be an ally and partner of ours.”
Indeed, the importance of Iran (along with China) to Russia can
hardly be overstated. Among other reasons, as the West’s military
alliance encroaches ever more along Russia’s western borders, Iran is a
large, vital non-NATO neighbor. Still more, Teheran has done nothing to
incite Russia’s own millions of Muslim citizens against Moscow. Well
before Trump, powerful forces in Washington have long sought to project
Iran as America’s primary enemy in the Middle East, but for Moscow it is
a necessary “ally and partner.”
In normal political circumstances, Trump and Putin could
probably diminish any potential US-Russian conflict over Iran—and the
one still brewing in Syria as well. But both leaders come to the summit
with related political problems at home. For Trump, they are the
unproven but persistent allegations of “Russiagate.” For Putin, they are
economic.
As I have also previously explained,
while there was fairly traditional “meddling,” there was no “Russian
attack” on the 2016 American presidential election. But for many
mainstream American commentators, including the editorial page editor of The Washington Post,
it is an “obvious truth” and likely to happen again in 2020, adding
ominously that Trump is still “cozying up to the chief perpetrator,
Russian President Vladimir Putin.” A New York Times columnist goes further,
insisting that Russia “helped to throw the election” to Trump. Again,
there is no evidence whatsoever for these allegations. Also consider the
ongoing assault on Attorney General William Barr,
whose current investigation into the origins of “Russiagate” threatens
to conclude that the scandal originated not with Russia but with US
intelligence agencies under President Obama, in particular with the CIA
under John Brennan.
We should therefore not be surprised, despite possible
positive national security results of the Trump-Putin summit in Japan,
if the US president is again widely accused of “treason,” as he so
shamefully was following his meeting with Putin in Helsinki in July
2018, and as I protested at that time. Even the Times’
once-dignified columnist pages thundered, “Trump, Treasonous Traitor”
and “Putin’s Lackey,” while senior US senators, Democrat and Republican
alike, did much the same.
Putin’s domestic problem, on the other hand, is economic and
social. Russia’s annual growth rate is barely 2 percent, real wages are
declining, popular protests against officialdom’s historically endemic
corruption are on the rise, and Putin’s approval rating, while still
high, is declining. A public dispute between two of Putin’s advisers has
broken out over what to do. On the one side is Alexei Kudrin, the
leading monetarist who has long warned against using billions of dollars
in Russia’s “rainy day” funds to spur investment and economic growth.
On the other is Sergei Glaziev, a kind of Keynesian, FDR New Dealer who
has no less persistently urged investing these funds in new domestic
infrastructure that would, he argues, result in rapid economic growth.
During his nearly 20 years as Kremlin leader, Putin has generally sided with the “rainy day” monetarists. But on June 20, during his annual television call-in event,
he suddenly, and elliptically, remarked that even Kudrin “has been
drifting towards” Glaziev. Not surprisingly, many Russian commentators
think this means that Putin himself is now “leaning toward Glaziev.” If
so, it is another reason why Putin has no interest in waging cold war
with the United States—why he wants instead, indeed even needs, a
historic, long-term détente.
It seems unlikely that President Trump or any of the
advisers currently around him understand this important struggle—and it
is a struggle—unfolding in the Russian policy elite. But if Trump wants a
major détente (or “cooperation,” as he has termed it) with Russia,
anyone who cares about international security and about the well-being
of the Russian people should support him in this pursuit. Especially at
this moment, when we are told by the director of the United Nations Institute for Disarmament Research that “the risks of the use of nuclear weapons…are higher now than at any time since World War Two.”
This commentary is based on Stephen F. Cohen’s most recent weekly discussion with the host of The John Batchelor Show. Now in their sixth year, previous installments are at TheNation.com.
Call me a cynic, but here is my cynical thought of a day.
So
about forty years ago, the Democrats and their intellectual leader,
Brzezinski, wanted to get rid of the hated regime. What do they do? They
are utilizing the maniacs from Saudi Arabia, like Bin Laden, and their
CIA enablers, to suck Brezhnev into the war in Afghanistan.
When
Russians crossed the border, triumphant Brzezinski informed Carter that
he'd created a perfect trap: Russian Vietnam, that would put an end to the Soviet Empire.
Who hates Trump with the passion that equals Brzezinski's hatred of Russia? Democrats.
So they are egging or silently condoning the maniacs abroad (Saudis,
Israelis) and the maniacs at home (Bolton, Pompeo) -- to suck Trump into
his Vietnam: Iranian war. That would surely be the end of his
presidency.
It appears that Trump --probably encouraged by
Tucker Carlson (too bad Brezhnev and his regime never had such smart
conservatives on their side) has avoided this trap.
But the
bottom line, the cynical and intelligent Democrats, would go to bed with
a devil, just to get into WH. And damn the consequences.
US President Donald Trump has signed an executive order imposing new
"strong sanctions" against Iran in response to Tehran's downing of an
American drone last week.
Trump said the latest sanctions would target Iranian Supreme Leader
Ayatollah Ali Khamenei. Trump told reporters at the White House on
Monday that Khamenei and his associates would be denied access to
financial resources by the new sanctions.
The CIA has called on its puppet regime in Georgia to make a serious
provocation against Russia, with staged demonstrations and threats
against Russians. An American woman who serves as the US puppet
president of that country declared that "Russians are our enemies and
occupiers." Protesters held up signs telling Russians to **ck off.
Then Putin told Russians would do just that, **ck off. There came a
Russian law, that no flights between Russia and Georgia are allowed,
meaning no tourists will travel.
The rub here is that Russians are by far the biggest paying tourist
group. They are the biggest group, but also the most affluent group.
Armenians and Azeris from neighboring countries also cross the borders,
but they hardly keep the economy going.
But the Russians do. 30%
of the Georgian economy comes from tourism. And about at least one-fifth
or some 6-7 percentage points of that stems from the aggressors
(Russians). Russia is also the only country that buys their wine and
mineral water. That could be another 2-3%. So, this CIA inspired
provocation will cost about 10% of the already miniscule GDP of that
country.
Georgia's GDP is about 16 billion USD nominally, and 40
billion on PPP. Tourism is 3 billion out of that (9 billion on PPP).
So, quite a costly provocation. Good luck with that.
Georgia has been hostile to Russia aleady for 10 years. Now with the
spark of this new round of hostility they say that they will get
tourists from other countries if Russians won't come. But then why did
they don't get any other tourists during the last 10 years of
hostilities?
Video footage of #Iran’s air defenses shooting down a high-altitude #US Navy surveillance #drone
has been posted on social media by the Iranian military. It shows the
missile launch and an explosion at the moment of interception. READ
MORE: https://on.rt.com/9wqt
In a legal challenge brought by anti-arms trade campaigners, three of
the UK’s top judges concluded that it was “irrational and unlawful” of
the government to allow arms sales to Saudi Arabia without making proper
checks
A scientific conference involving the leadership of the Russian Armed Forces started in Moscow on June 18.
The
Russian Armed Forces are about to get a whole new weapon based on laser
energy and hypersonic, the first of its samples have already been
introduced into trial combat duty, General of the Army Sergei Shoigu
said.
“In the near future, the Russian Armed Forces
will receive a completely new, unparalleled weapon based on hypersonic
and laser energy technologies. Its first samples have already been put
on trial combat duty,” he said.
IMAGE: mil.ru
The
defense minister noted that development of technologies and new weapons
have significantly change the face of contemporary warfare and armed
conflicts.
“Armed
conflicts we saw the last decades show that the nature of warfare has
changed considerably. It is caused by the rapid development of science
and technologies, the emergence of new weapons – all these influence
forms and methods of warfare”, Sergei Shoigu explained.
At the
same time, he noted that “as the high-tech weapons and military
equipment enter the service, the forms and methods of warfare should be
improved.”
“And we are making progress in this issue”, the Defence Minister stressed.
He
also pointed out that at today’s conference they will discuss “the
features of modern operations, issues of command and control and
comprehensive support of the actions, the use of new and advanced types
of weapons.”
According to Sergei Shoigu, “the results of the
conference will contribute to the further development of the military
strategy and operational art of Russia.”
Jon Hellevig writes: I don't know why Russia does this. They reported Q1 GDP growth of
0.5%. But they said the GDP deflator was 8.5%. GDP deflator is the
factor by which you diminish the nominal GDP growth. The idea is that it
would show the "real growth" of output instead of price inflation. In
this methodological theory you would only show as output increase
quantitative and qualitative growth but not price growth. But the
inflation in the same period was only 5%. So, Russia decreases the GDP growth
by much more than the inflation. At the same time, the price of oil and
gas has not increased from last year, and not that of other commodities
either.
So, where from do they find this 3.5% decrease above inflation? I would not
exclude that there is a Serdyukov ploy playing out here. Referring to
the time he was Minister of Defense and grabbing the headlines because
of corruption, while at the same time under his term Russia made an
incredible modernization of the army. The one that took over Crimea in a
night, and Syria in two years. There's a theory that Russia wanted they
Yanks to think that the Russian army is a quagmire and will stay so
until the time is right.
So, perhaps I am giving the game away, and the Russian economy is actually growing much more than they want us to know.
At the same time, the real-real GDP, the one measured in PPP grows
exactly by the nominal minus inflation plus the "nominal real growth"
plus/minus difference in currency exchange to the USD. That is 9 - 5.5 +
0.5 + 0=4%
Fake news outlet The New York Times peddles the lie that the Trump administration has targeted Russia with cyber attacks, in the hopes that it will provoke Russia into retaliating against the U.S.
Georgia has been hostile to Russia aleady for 10 years. Now with the
spark of this new round of hostility they say that they will get
tourists from other countries if Russians won't come. But then why did
they don't get any other tourists during the last 10 years of
hostilities?
Liberteon