..... Russian industry is undergoing a carbon fiber revolution. Alabug plant in Tatarstan is launching one of the world’s biggest production lines for carbon fiber, which is one of the most promising materials of the 21st century.
Engineers are obsessed with cutting weight, and here carbon plastics are irreplaceable. The best types are six times stronger than titanium, and five times lighter than high-tensile steel, and up to two times lighter than aluminum. Carbon had long served in the defense industry, but now it is used not only for stealth aircraft skins and space antennas, but also brake discs, washers, engine parts, and concrete rebar.
So much for Russia being known as only a natural resource country.......look out West !!!
Right on, Wild Gold. On this we are in agreement. A few on here have a problem understanding world financial events.
WG is correct on this one. You and Luddy should refocus on what the dollar rise means. Russia/China is kicking the USD in the #$%$.....big time.
Maybe for the past 15 years. Maybe it takes that long to implement the system, get all ducks lined up to get rid of USDX. Somethings are not done over night. Look at how long it takes TRX to get to $0.
Extradition Treaties are as worthless as teats on a bull. If someone wants to come and 'get you', there's no stopping them. Ask your self, what is the perp in question worth, and what is the benefit to the public to prosecute them.
'...One of the reasons that people/companies/countries hold dollars is that the US still has positive interest rates. Compare to Switzerland, Germany, Japan.'
relbo, you've been on top of TRX for years. I admire and congratulate you for your foresight on this turd of a stock. On the issue of Russia and China kicking the USD in the #$%$, I think you have to take a closer look at it. The world is changing quite rapidly. Sanctions have done nothing to Russia except wake up a people who give Putin 85% support vs americans giving Obama only 35%. With the BRICS nations in full agreement on ridding themselves of the USD control, the USD is toast. The EURO will follow. Just watch the bouncing ball. AS the Wizard of Oz once said......'It's a horse of a different color'.
'Dollar Dump? looks like USDX charging up over 100 soon...........F russia.'
USDX is a bankers invention of keeping the USD dominant world-wide. Once the BRICS break this system you'll be the first buying rubles and yuans. By then you'll be too late.
Russian Gen. Maj. Igor Konashenkov called US Lt. Gen. Ben Hodges' claim that Russia has 12,000 troops in Ukraine "a failed attempt to impress the women of the US State Department."
"The strength of 12,000 troops which he suggested is a serious army group with thousands of units of military equipment, you can't just cover that up with some snow on a tiny patch of 'isolated districts of Donetsk and Luhansk regions.'
For the spokeswomen of the State Department, distant from military realities, it's easy to later cite such 'authoritative' estimates: size matters a lot to them."
LOL.......size matters a lot to them .......LOL
Nice try, august. Can this possibly make sense to someone with whom you can look into his one ear and see out the other?
'...the Ukrainians who are still eating are those who own gold...'
Those Ukrainians 'still eating' live in Switzerland or Germany, and are the same oligarchs who have been bleeding the country for years. Ordinary Ukrainians don't own gold, and never have owned gold since it was confiscated by the commie bolsheviks during the 1932-33 famine created by them in exchange for food.
She/he sets up her/his blog site, and throws rocks from behind the curtain. You no-good bashers.
'...what's your bull argument other than 'god bless you annie' and deliver us from 'evil' bashers...pumpers,...'
He has none.
Kremlin officials have threatened that Russia — once among the top ten sovereign holders of U.S. bonds — could dramatically dump all its investments as tool of economic warfare.
"If the U.S. dares to impose sanctions and seize the accounts and business of [Russian] citizens then we will no longer be able to look at America as a reliable partner and will recommend that everyone drop American treasury bonds," hawkish Kremlin economic adviser Sergei Glazyev said in March last year, shortly before the first of three waves of U.S. sanctions against Russia.
But Russia's holdings of U.S. bonds are relatively small and a fraction of what other sovereigns own, giving them relatively little leverage.
Formerly among the top ten holders of U.S. treasury bonds, cutbacks in recent years have seen Russia drop to 14th place. Ireland and Luxembourg are both bigger investors and China, the largest holder of the U.S. bonds, owns $1.2 trillion — 14 times what Moscow controls.
In total, Russia holds 1.4 percent of all U.S. government debt, according to official U.S. figures.