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Thread: Russian Economy/Finance : News and Discussion

  1. #166
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    Quote Originally Posted by sepheronx View Post
    Moscow can take care of itself for crying out loud, why are they still putting so much investment into it and not nearly as much as into the other areas? St.Petersburg, Volgograd, Tomsk, Kazan, etc are all prospering, they should be receiving more incentives from government as well.
    Just recently there were some debates about it. Other regions often can't use the money they get by various reasons. If you think that Chechya gets a lot of money - you're wrong, because it has a large population. Take the Russian Far East. Kamchatka gets many times more investments per capita compared with any other Russian region. But it's so depopulated and distant that they simply can't use all that.
    The problem is that Russia is too different and every place has its own problems. Regions can use no more then a restricted sum so you can't simply invest there more money. Some regions are hopless at all, but they are populated by some proud small nationalities and they don't allow to attach them to other very capable regions. Just an example http://en.wikipedia.org/wiki/Adygea is one of the poorest regions in the heart of a very rich Russian region.
    Russia is too complex country.

  2. #167
    Making Canadians look bad sepheronx's Avatar
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    Quote Originally Posted by geolocator View Post
    Just recently there were some debates about it. Other regions often can't use the money they get by various reasons. If you think that Chechya gets a lot of money - you're wrong, because it has a large population. Take the Russian Far East. Kamchatka gets many times more investments per capita compared with any other Russian region. But it's so depopulated and distant that they simply can't use all that.
    The problem is that Russia is too different and every place has its own problems. Regions can use no more then a restricted sum so you can't simply invest there more money. Some regions are hopless at all, but they are populated by some proud small nationalities and they don't allow to attach them to other very capable regions. Just an example http://en.wikipedia.org/wiki/Adygea is one of the poorest regions in the heart of a very rich Russian region.
    Russia is too complex country.
    Russia is Russia. People of Russia are Russians and that is about it. Yes, there are problems but there always will be. It comes with being such a large nation with a diverse people (That goes for USA and Canada as well). But that shouldn't mean investment should not go to specific regions because of it.

    Anyway:

    Multiklet completes new processor
    Granta with auto transmition
    Selhozmachinostroiteli increasing domestic production

  3. #168
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    Quote Originally Posted by sepheronx View Post
    They are a tiny company from Ekaterinburg and are trying to get investments for years. Boris Zyrianov tends to tell tells to get money. Experts currently have serious doubts that is can be scaled to something interesting.

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    Making Canadians look bad sepheronx's Avatar
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    Quote Originally Posted by geolocator View Post
    They are a tiny company from Ekaterinburg and are trying to get investments for years. Boris Zyrianov tends to tell tells to get money. Experts currently have serious doubts that is can be scaled to something interesting.
    According to the article, it has gone through the tests and met the recommended requirements. So I figure it is running soundly. This could lead to further investments yes. They could probably achieve much greater results with a smaller die, but of course, it would be far more expensive. Such a device could seriously act as a good microcontroller or a dedicated processor for both military and none military equipment that requires controllers for specific functions. Especially if it is lower power consumption. The warehouse I monitor used quite sophisticated belt systems that require hundreds of microcontrollers that use low wattage CPU's and they perform more or less on the same scale as what is listed here. Even if it can't scale to such degrees or they may not be exactly the best out there, it does offer as an alternative, especially building such equipment like I mentioned.

  5. #170
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    I can't say something final about it because we still heavily argue on the chip. It doesn't even have a pipeline. We're discussing what it can be in future and how it's really scalable.

  6. #171
    Making Canadians look bad sepheronx's Avatar
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    Quote Originally Posted by geolocator View Post
    I can't say something final about it because we still heavily argue on the chip. It doesn't even have a pipeline. We're discussing what it can be in future and how it's really scalable.
    Well, time will tell how it will turn out.

  7. #172
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    Russia to see sustained economic growth - Forbes

    A report to this effect posted on Forbes’ website says Russia’s post-crisis economy is growing at a rate of 3-4%, which is higher than in nearly all EU countries.

    Russia boasts the third largest currency reserves, which should reduce the impact of possible upheavals in the future, such as a drop in oil prices, the report says.


    The Russian budget was implemented with surplus from January to October 2012, with expenditure being fairly normal in relation to the GDP, Forbes writes.
    And as Russia’s unemployment rate has been declining steadily in recent years, the government is able to carry out a number of liberal reforms, the business magazine says.

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    Makes an interesting read

    FORBES: Why Russia's Economy Isn't Going To Collapse

  9. #174
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    Quote Originally Posted by AustinJ View Post
    Makes an interesting read

    FORBES: Why Russia's Economy Isn't Going To Collapse
    He is against haters:
    Hating Russia‘s economy is a full-time job for many people.
    Really?
    I suppose it’s possible that the EU will never emerge from its current doldrums, but I think that the developed world will eventually get out of its funk and start to grow again.
    Typically Forbes.

  10. #175
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    Quote Originally Posted by Mackie View Post


    Typically Forbes.
    He is right IMHO, future belongs to Asia. EU will slowly die in stagnation or turn into a Caliphate.

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    Quote Originally Posted by Arbody View Post
    EU will slowly die in stagnation or turn into a Caliphate.
    No cool Brah, Ze Dgormanz develop those coal powered plants for a reason. Islam brings warmth1111

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    Quote Originally Posted by Mousepad View Post
    No cool Brah, Ze Dgormanz develop those coal powered plants for a reason. Islam brings warmth1111
    Nah, today They said it's last winter with snow in Europe

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    Quote Originally Posted by Arbody View Post
    Nah, today They said it's last winter with snow in Europe
    They meant white snow

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    US to Produce More Fuel Than Russia This Year – BP

    MOSCOW, January 17 (RIA Novosti) – The United States is expected to surpass Russia and Saudi Arabia in 2013 as the world’s largest producer of crude oil and biofuels, British oil major BP said in its latest report published on Thursday.

    The United States will overtake both Russia and Saudi Arabia in 2013 in liquids production due to rising production of shale oil and biofuels, but also due to expected OPEC production cuts, the forecast said.

    Russia will likely pass Saudi Arabia for the second place in 2013 and hold this position until 2023. Saudi Arabia will regain the top oil producer slot by 2027.

    “The US, Saudi Arabia, and Russia will supply over a third of global liquids,” the BP forecast said.

    Russia will remain the world’s largest energy exporter by 2030, with increases in exports of all fossil fuels. Net energy exports will rise by 25 percent in volume terms.

    Adjusting for expected economic growth, Russia is likely to remain significantly less dependent on energy exports than Saudi Arabia, the report said.

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