Europe pays more for banned Russian oil, resold by India – as EU wages fall

India is importing record levels of discounted Russian crude, purchasing it in currencies other than the dollar. India then refines the Russian oil and exports fuel to Europe at a profit.
The EU sanctioned Russia and boycotted its oil, yet is still buying it indirectly from India, at a higher price. This is fueling both de-dollarization and inflation in the Eurozone, where workers’ real wages dropped 6.5% from 2020 to 2022.
As of April, Bloomberg reported, European imports of refined fuel from India are approaching 360,000 barrels per day.

This means that India is expected to soon surpass Saudi Arabia as the largest exporter of refined fuel to Europe.

At the same time, India is importing 44% of its oil from Russia, at an all-time high of approximately 2 million barrels per day, according to Bloomberg.

Ogee wrote: Wed May 03, 2023 7:18 pm He should have been following me here on Forex Station

RplusT wrote: Wed May 03, 2023 8:25 pm Europe pays more for banned Russian oil, resold by India – as EU wages fall

Tbh I read you news posts every day man........ how/where u get your online sources from i'm not sure but they are no fucking around!!!

Ogee also in seriousness reason I follow your posts is because ALL the Covid vax news you were posting was accurate & kudos to the mods for not censoring anything etc

I also like Rplust posts & the comments of chickenspicy they are also real deal too.......

vvFish wrote: Wed May 03, 2023 7:00 pm

What does this purple dick thing symbolize man?

US corporations cash in on Ukraine’s oil and gas

As Ukraine sells off public assets in a privatization spree, US fossil fuel corporations like ExxonMobil, Chevron, and Halliburton are in talks to run its oil and gas industry, and the IMF is imposing the Washington Consensus.
EXXON, HALLIBURTON & CHEVRON, after Iraq, are now taking over the Ukrainian oil and gas fields. Planning to introduce large scale fracking – a clear and present threat to poison U’s agriculture”.

In September, Zelensky also symbolically opened the New York Stock Exchange, announcing that his country is “open for business”, offering more than $400 billion in “public-private partnerships, privatization, and private ventures” for US companies.

The US is plundering Ukraine's Oil and Gas resources. Who would have thought that!
Haliburton being part of the deal.....No need to say more. They got a reputation......







So, Zelensky is pushing the sales of State assets and the farmers sell their most fertile land. .....Anything they got left to make a living? Selling scrap metal I guess.

US makes up c 40% of global military spending, 10x Russia, 3x China
The United States spent $877 billion on its military in 2022, nearly 40% of the global total, 10 times more than Russia ($86.4 billion), and three times more than China ($292 billion). The US military budget is larger than the next 10 biggest spenders combined.



This is according to data published this April by the Sweden-based Stockholm International Peace Research Institute (SIPRI).

SIPRI calculated that the planet’s total military expenditure was $2.24 trillion in 2022.

The United States, at $877 billion, thus made up 39.2% of total global military spending.
The US-led NATO alliance spent a total of $1.23 trillion, meaning it was responsible for just over half (55%) of global military spending.

The Joe Biden administration has requested a mere $90 billion for education in 2024, compared to $842 billion for the military, Business Insider pointed out.


Moreover, all of these figures could be very conservative, given the US Department of Defense is notoriously opaque in its accounting.
Bloomberg reported that the Pentagon made $35 trillion in “accounting adjustments” in 2019, as well as $30.7 trillion in adjustments in 2018.
These irregularities in the Pentagon’s accounting are larger than the entire US economy......... ....And everyone keeps quiet... Unbelievable!
The US Department of Defense has failed every audit it has ever tried.

Oh boy Ukraine is gone.

ChuChu Rocket wrote: Wed May 03, 2023 9:41 pm Oh boy Ukraine is gone.

yes, one of the strangest drone attacks seen, presumably a very small explosive charge.

Has to be small because needed to be fired from inside Russia, US won't allow them to fire large drones/missiles across the border because the Russians won't know whether they're a nuke or not and will just press the big red button anyway.

It never hit a structure directly , only debris after the shot down..

From the Russians...

Kremlin: Ukrainian drones attacked Putin's Kremlin residence at night.

“Tonight, the Kyiv regime made an attempt to strike with unmanned aerial vehicles on the Kremlin residence of the president,” the Kremlin said. Two UAVs participated in the attack. “As a result of timely actions taken by the military and special services using radar warfare systems, the devices were put out of action. As a result of their fall and the scattering of fragments on the territory of the Kremlin, there were no victims and material damage, ”the Kremlin press service specified.

The Kremlin called the drone attack a planned terrorist act and an assassination attempt on the president, "carried out on the eve of Victory Day, the May 9 Parade, which is planned to be attended by foreign guests."

“The Russian side reserves the right to take retaliatory measures where and when it sees fit,” the statement says.

.. Kiev is open now....

Either because some nut will go rogue and makes an attack, or the pressure is so high someone from inside stages an attack, the Russians will end up by losing their patient and make this thing go nuclear.

Ogee wrote: Wed May 03, 2023 10:38 pm yes, one of the strangest drone attacks seen, presumably a very small explosive charge.

Has to be small because needed to be fired from inside Russia, US won't allow them to fire large drones/missiles across the border because the Russians won't know whether they're a nuke or not and will just press the big red button anyway.

Thanks for the video footage of it.