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

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"The ammunition depot of the Russian Armed Forces and the pontoon crossing over the Ingulets in the village of Daryevka were destroyed It is reported that the picture was taken on September 5th, today it appeared on the Internet."

 
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(Sound)
"Tomina beam. Kherson region. The detonation of the BC has been around for about two hours ..."
"Local sources claim that another Russian ammunition depot has been hit in the village of Tomyna Balka, on the outskirts of Kherson."



 
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While the physical market is functioning, the derivatives market is beginning to show serious signs of systemic stress.

Bloomberg reports that Helge Haugane, Equinor’s senior vice president for gas and power, said in an interview that “liquidity support is going to be needed," warning that his company's estimate for $1.5 trillion to prop up so-called paper trading is “conservative.”

And Haugane confirms what we explained was driving the breakdown in market functioning in the (paper) energy markets:

“This is just capital that is dead and tied up in margin calls,” Haugane said in an interview at the Gastech conference in Milan.
“If the companies need to put up that much money, that means liquidity in the market dries up and this is not good for this part of the gas markets,” he said.
Sadly - but not entirely unexpectedly, Haugane says that EU plans to intervene would be "sensible" for derivatives trading. In other words, we are back to the 'too big to fail' arguments from 2008 when fears of the apocalypse (this time in real energy markets ahead of winter) prompted demands that government "do something" to save the over-levered from themselves... with the excuse being 'if you do not rescue us, there will be hell to pay for the average EU joe'.

Finally, how exactly does this explicitly inflationary 'bailout' pair with ECB's inflation-fighting mandate? We are sure Lagarde and Van der Leyen have all the answers...
 
Russia having to go to the North Koreans is a big deal. They are desperate, and the NKs will extract a premium price in either gold, or a hard currency. No rubles for Kim Jong Un. And, this isn't for large amounts of precision weaponry which would be more useful to Russia at this point. This appears to be mostly standard artillery rounds.
 


Key reading:

With prices so high and quick supply fixes elusive, governments in the European Union and the UK are coming around to the realization that they are going to have to work harder to defray the hit to households and companies.

German Chancellor Olaf Scholz’s coalition has agreed on a relief plan worth about $65 billion, including increased payments to vulnerable people.
 
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You realize that Russia likely already had this information, and secondly it is sounding like this counteroffensive is getting close to completion. We have heard about this, its not hard to know they were holding the line and moving forwards. It didn't give exact locations and coordinates. Just a general set up of army locations moving forward. Wow that is some highly technical information.
You realize that was a nazi map from June 1942?
 
You realize that Russia likely already had this information, and secondly it is sounding like this counteroffensive is getting close to completion. We have heard about this, its not hard to know they were holding the line and moving forwards. It didn't give exact locations and coordinates. Just a general set up of army locations moving forward. Wow that is some highly technical information.
Look more closely at the map.
The Ukro-nazis have enlisted the Rumanians!
 
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