Australian (ASX) Stock Market Forum

War threat in Ukraine

Jump to new
Logique2 said:
Interest rates affect our market.
What is unleaded now, heading towards $2/litre?
And a shop at the supermarket, that's going up now.
So..inflation, and pressure to tighten monetary policy.
Click to expand...
Petrol is already $199.99 around the corner from me.
 
Value Collector said:
Yes, the leader of Belarus is a pro Russian dictator.

He is the guy that had his fighter jets intercept a civilian commercial airliner that was passing over Belarus, so that he could arrest a journalist that was on board who had written negative articles about him.
Click to expand...

Thanks VC. Explains their push into Ukraine via the north. But this does beg the question whether the international community is also putting in place sanctions against Belarus?
 
xris said:
Politics isn't my best subject, but I've struggled to fully understand :
how the enemy/aggressors that started WW1 and WW11 (Germany, Japan)
have become mates and allies of the West (USA/UK/Aust)
while, Russia that fought against Germany has since become the enemy???

That it's OK for the USA to meddle, invade/come to the aid of/bomb at least 26 different countries since WW11;
China, Korea, Guatemala, Indonesia, Cuba, Belgian Congo, Dominican Republic, Peru, Laos, Vietnam, Cambodia, Lebanon, Grenada, Libya, El Salvador, Iran, Panama, Iraq, Kuwait, Somalia, Bosnia, Sudan, Afghanistan, Yugoslavia.
<<https://www.thelondoneconomic.com/n...-the-us-has-bombed-since-world-war-ii-172786/>>
and Involving Australia in some of these Korea, Vietnam, Iraq, Kuwait, Somalia, Afghanistan.

But it's NOT OK for Russia to invade/annex/regain Ukraine without US approval.
Crazy isn't it!!!
I'd venture an uneducated guess that a significant part of of the US economy comes from its global peace keeping missions: AKA wars.
and not surprisingly: according to the World Economic Forum.
The U.S. Department of Defense has been named the largest employer in the world with 3.2 million employees on its payroll,
<<https://www.marketwatch.com/story/us-military-is-the-largest-employer-in-the-world-2015-06-17>>
Click to expand...

I am surprised that school didn't teach you the history basics. However that doesn't matter, there is a lot written about Stalin and his party's means of public and region control, also the factor that Germany was a common enemy and the hope that Stalin would would change his ways after the war, only for the allies to be fooled.
 
MovingAverage said:
Thanks VC. Explains their push into Ukraine via the north. But this does beg the question whether the international community is also putting in place sanctions against Belarus?
Click to expand...
Here is a short video talking about the plane that was intercepted.

Belarus seems to make journalists that are antigovernment disappear of explode in car bombs, this guy had escaped Belarus but made the mistake of buying a ticket on a plane that happened to fly over Belarus.


 
Value Collector said:
Yes, the leader of Belarus is a pro Russian dictator.

He is the guy that had his fighter jets intercept a civilian commercial airliner that was passing over Belarus, so that he could arrest a journalist that was on board who had written negative articles about him.
Click to expand...

He has no choice, Lukashenko is Putin’s puppet, much like Yanukovych was in Ukraine. If Lukashenko is toppled Belarus most likely will end up just like Ukraine.

Not to say Lukaszenko is a good guy, he is definately a dictator like his Putin friend, he also tried to flood Europe with 1000s of immigrants promising them easy access to Germany through Poland. Charging anywhere upto 5k euro per head only to have them stuck in no man's land for months with some dying of starvation.
 
Value Collector said:
It’s kind of a zero sum game though, Russia is now going to be selling much less stuff into Europe, so what ever extra sales they make to China, will be offset by lost sales to Europe.
Click to expand...
They are but there's a difference between commodities sold on the open market versus long term locked in supply deals between producer and buyer.

Don't need USD for a start. Could be priced in any currency of their choice or even bartered.

The commodity is not available to other buyers at any price no matter how high is the other big one. Direct supplier - consumer deals ensure supply for the consumer with the thing subject to the deal simply not being for sale to anyone else unless the consumer doesn't require it. Those without a supply deal find themselves in a rather difficult spot. :2twocents
 
Joe Biden's reaction to Vladimir Vladimirovich's invasion of Ukraine is a fairly typical reaction of the USA to war in Europe over the last 110 years or so.

The American cousins were late in to WW1 and WW2 and came out of both with large incremental power. They will drag their feet again with Mickey Mouse sanctions over Ukraine.

Eastern Europe, and Western for that matter, is a concoction of states who have been warring and reorganising for 1000 years. Often for silly reasons such as who God is, or the shooting of an Arch Dook or just bloodlust and hate.

Every war on that continent is unresolved and leads to memories of unforgettable atrocities which in turn begin the next one.

The USA will be slow in to Ukraine and concentrate its fire as it always has in the Pacific and South China Sea.

gg
 
Smurf1976 said:
They are but there's a difference between commodities sold on the open market versus long term locked in supply deals between producer and buyer.

Don't need USD for a start. Could be priced in any currency of their choice or even bartered.

The commodity is not available to other buyers at any price no matter how high is the other big one. :2twocents
Click to expand...
What I meant was that if Russian oil and gas gets blocked from entering the EU for example, two things will happen.

1, Russia will be looking for other markets to off load there Oil and Gas.

2, The EU will be looking for other markets to source Oil and Gas.

At the moment China buys a lot of Gas from Australia and the USA, but people are suggesting that China might instead switch to Using Russian Gas.

My point is that if that happens, and Chinese demand for Australian and USA LNG drops, then it wouldn’t be an worry for Australian LNG suppliers, because obviously those LNG shipments that China no longer needs will be in hot demand in the places that don’t want Russian shipments.
 
Short term Russia and China may support each other and form an alliance of sorts, but throughout contemporary communist histories of both countries, they have suspicion and mistrust of each other.
Two despots trusting each other does not make for a stable alliance.
 
martaart077 said:
Short term Russia and China may support each other and form an alliance of sorts, but throughout contemporary communist histories of both countries, they have suspicion and mistrust of each other.
Two despots trusting each other does not make for a stable alliance.
Click to expand...

The leaders do, the people not so much. Russian culture and history is European. The common Russian person would much rather be part of Europe than Asia
 
"Through long term foolishness, the US has allowed itself to become very dependent on Russia and China. This dependence has been one of the factors that has kept US inflation low but it means that if Russian sanctions are too severe, then Russia can do far more damage to the US than US can harm Russia.

China has already taken steps to lessen the western impact on Russia by buying more of the country’s gas and wheat. This potentially has a great impact on Australia.

The US depends on Russia (and Ukraine) for C4F6 gas, neon, palladium and scandium. C4F6 gas is used for etching node logic devices; neon is essential for chip making and palladium is used for computer memory.

Chips and computers are vital in our technology society and clearly markets expect supply to continue.

The west’s aerospace industry led by Boeing depends on Russia for titanium. Again to underline the markets confidence that Russia will continue to supply Boeing with titanium, the airline stock, after an early sell-off recovered most of the lost ground.

But the markets are telling us that there are several areas of global business that are particularly vulnerable to the sanctions. At the top of the list are European and major global banks. European banks were hammered with some falling around eight per cent. On Wall Street, JPMorgan was hit hard and the other big banks suffered. These banks make a lot of money from the Russians and freezing assets in banks reduces confidence in their position as a safe place to leave money."

 
I believe it is more like snakes n ladders than chess trying to work out the commodity, rare earth and oil movements subsequent to the war in Ukraine.

Because of globalisation, capital will flow on a needs basis rather than an ideological one.

The West’s reaction to Putin’s moves from a moral standpoint is disgraceful but from economic self interest makes sense.

gg
 
Hacker collective Anonymous has disabled several Russian government websites including the state-controlled "Russia Today" news service.

Hackers identifying with the Anonymous collective announced they had launched cyber operations that briefly took down RT.com, as well as the websites of the Kremlin, the Russian government and the Russian defence ministry websites.

RT.com confirmed the attack took place, saying it slowed some websites down while taking others offline for "extended periods of time".

RT's coverage of the situation in Ukraine has been overwhelmingly from a pro-Russian perspective, showing fireworks and cheerful celebrations in the newly occupied territories.

In the UK, MPs have said the TV channel is Russian President Vladimir Putin's "personal propaganda tool" and should be banned.

DDoS attacks flood websites with traffic
Internet security expert Robert Potter said the distributed denial-of-service (DDoS) attack involved multiple systems flooding a targeted website, so that no other traffic could get through.

"It's like trying to run five people through a door at the same time," he said.
Click to expand...

www.abc.net.au

Anonymous takes down Kremlin, Russian-controlled media site in cyber attacks

Hackers launch cyber attacks against Russian government websites, including state-controlled Russia Today, in response to the Ukraine crisis.
www.abc.net.au www.abc.net.au
 
JohnDe said:
"Through long term foolishness, the US has allowed itself to become very dependent on Russia and China. This dependence has been one of the factors that has kept US inflation low but it means that if Russian sanctions are too severe, then Russia can do far more damage to the US than US can harm Russia.

China has already taken steps to lessen the western impact on Russia by buying more of the country’s gas and wheat. This potentially has a great impact on Australia.

The US depends on Russia (and Ukraine) for C4F6 gas, neon, palladium and scandium. C4F6 gas is used for etching node logic devices; neon is essential for chip making and palladium is used for computer memory.

Chips and computers are vital in our technology society and clearly markets expect supply to continue.

The west’s aerospace industry led by Boeing depends on Russia for titanium. Again to underline the markets confidence that Russia will continue to supply Boeing with titanium, the airline stock, after an early sell-off recovered most of the lost ground.

But the markets are telling us that there are several areas of global business that are particularly vulnerable to the sanctions. At the top of the list are European and major global banks. European banks were hammered with some falling around eight per cent. On Wall Street, JPMorgan was hit hard and the other big banks suffered. These banks make a lot of money from the Russians and freezing assets in banks reduces confidence in their position as a safe place to leave money."

Click to expand...
If you listen to the part at the 1min 18 sec mark of this video, it says that they get their titanium from Australia.

This is precision cast parts, they are the largest parts supplier to the aerospace industries, they are 100% owned by Berkshire Hathaway.

 
Wedgy said:
Old world diplomacy, when will we learn. There is of course a simple solution, if Ukraine a former prominent member of USSR can join NATO, then why can't Russia, problem solved. Perhaps the world should be run by women, instead of male despots, at least women would not be so keen to send their children to war.
Click to expand...

If Aus gets invaded, I hope it's by all female soldiers :inlove:
 

Similar threads

bigdog
Russian stock market opens March 24 2022 first time since start of war
28 29 30
Replies
587
Views
72K
bigdog
bigdog
Craton
Albo's Coal and Gas Price Cap and Financial Aid proposal
2
Replies
38
Views
4K
Smurf1976
Smurf1976
Top