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This might be a little tougher than Putin thought...

FYI, a piece just published by a very good friend…

Very interesting. Thanks for sharing.
 
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"The Maritime Capability Coalition will work closely with the Ukrainian Navy Forces and the Ministry of Defence to provide long-term support to Ukraine, including training, equipment and infrastructure to strengthen security in the Black Sea.

The initiative will also help Ukraine develop its marines and acquire river patrol vessels to protect coastal and inland waterways.

Defence Secretary Grant Shapps also confirmed the transfer of two Sandown-class minehunters from the Royal Navy to Ukraine.

“These minehunters will deliver vital capability to Ukraine that will help save lives at sea and open up vital export routes, which have been severely limited since Putin launched his illegal full-scale invasion,” he said."

(more)
 

Russia made more money from oil exports in October than it did in any month before the Ukraine war​


Russia made more money from oil exports in October than it did in any of the months before the Ukraine war, according to a Bloomberg analysis.

In October, Russia generated $11.3 billion in net oil revenues. That's more than the country made in any single month before it invaded Ukraine in February 2022. The revenue generated in October was also the highest since May 2022, when prices were volatile following the outbreak of the war.

Russia's October oil exports accounted for about one-third of the country's overall net budget revenue for the month, per Bloomberg calculations based on official finance ministry data.

Moscow's bumper oil takings in October came nearly a year after G7 countries imposed a $60-a-barrel price cap. This program is aimed at limiting the oil earnings that would go to Russia's war chest while still keeping the global oil trade flowing. The restrictions also prohibit insurance and shipping services for vessels carrying oil sold above the price cap.
Russians are lining up for food like in the Soviet era, and the Ukrainians are striking deep inside Russia. High oil revenues don't hide that. And, their burn rate for revenues and cash reserves is phenomenal.
 
Russians are lining up for food like in the Soviet era, and the Ukrainians are striking deep inside Russia. High oil revenues don't hide that. And, their burn rate for revenues and cash reserves is phenomenal.
Any way you slice it it's pretty troubling they're pulling in that much revenue. Sanctions haven't been as effective as advertised...
 
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Russians are lining up for food like in the Soviet era, and the Ukrainians are striking deep inside Russia. High oil revenues don't hide that. And, their burn rate for revenues and cash reserves is phenomenal.
You're not the kind of person who would just lie on the internet, are you?

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FYI, a piece just published by a very good friend…

Damn good read. Thanks.
 
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Any way you slice it it's pretty troubling they're pulling in that much revenue. Sanctions haven't been as effective as advertised...
I slice it that they are hemorrhaging money, and men. Sanctions are always needing adjustments. I know the Danes are planning on stepping up enforcement actions against tankers passing through the Baltic who are violating sanctions. Enforcement will tamp down revenue for a bit. Then Russia will do something different, and the West will need to react again.
Russia is burning through money.
 


The 2S22 Bohdana is a 155 mm NATO-standard artillery caliber, wheeled self-propelled howitzer developed in Ukraine. It is mounted on the chassis of the Ukrainian six-wheel-drive KrAZ-6322 truck. It has an armoured double cabin and storage for around 20 shells. Wikipedia
 
It was ok to have a Special Inspector General review spending in both Iraq and Afghanistan efforts.
I don't understand what possible rationale, particularly in light of Ukraine's known corruption problems, anyone clings to in order to oppose transparency on this spending.

I guess, because they know the reports will detail billions in waste and loss, they'd just rather not have the reports generated.

It's not like there is ever any accountability for it anyway.
 
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It was ok to have a Special Inspector General review spending in both Iraq and Afghanistan efforts.
I don't understand what possible rationale, particularly in light of Ukraine's known corruption problems,

Cletus:

MOST of the money the US is spending is on US-based contractors.
We are not sending pallets of cash to Ukraine, like we did in Iraq.
 
There's enough votes if Joe cuts a deal on the border stuff.

The R's have been saying it needed to be linked to get passed for weeks now.

If Ukraine aid is vitally important a deal should have already been cut.
Why should the border issue be included in a Ukraine funding bill? That's effing stupid.
 
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