Entries Tagged as 'russia'

Heatwave could cost Russia 1 percent of GDP

August 11th, 2010 53 Comments

Stacy Summary:   Russia’s heatwave costs are expected to total up to $15 billion; shaving 1 percent off GDP

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Muscovites Flee Worst Heat ‘in 1,000 Years’ and Toxic Smog; Death Rate Doubles

August 9th, 2010 32 Comments

Stacy Summary:  It gets worse and worse for Moscow; this is not going to help their bond market.  And we’ll have to wait and see if force majeure is declared on these Russian wheat contracts and, if so, what the knock on effect will be. Muscovites flee worst heat ‘in 1,000 years’ as death rate [...]

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Guest Post: Russia Bans Grain Exports as the End Game Trade Begins

August 7th, 2010 8 Comments

Come you masters of war You that build all the guns You that build the death planes You that build all the bombs You that hide behind walls You that hide behind desks I just want you to know I can see through your masks…

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Moscow, No Respite

August 7th, 2010 63 Comments

Stacy Summary: Russia’s heatwave expected to continue for at least another week. Related: Pakistan issues flooding ‘red alert’ Huge ice sheet breaks from Greenland glacier (holds enough fresh water to provide 120 days to America)

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Banning Wheat Exports & Impressing the IMF

August 6th, 2010 72 Comments

Stacy Summary: Good morning y’all.  I see that the Greek government is incurring more odious debt on behalf of the Greek population, so let’s place some bets here . . . how many islands will have been sold to various oligarchs and/or private equity and sovereign wealth funds by 2020?   And then, once again, [...]

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Calamitous Floods, a Severe Drought and Wheat Prices

August 3rd, 2010 37 Comments

Stacy Summary: Wheat prices continue to soar as wildfires continue in Russia and now calamitous floods in Pakistan have destroyed 15% of the nations wheat crop. In Pakistan, 1,110 dead from worst floods in 80 years.

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Wheat Rises to 14 Month High on Record Heat in Russia & Excessive Rain in Canada

July 30th, 2010 35 Comments

Stacy Summary:    You can’t defraud nature.  We can try to throw all the fractional reserve, fiat trickery at it, but the true cost will always be charged.  Wheat prices rise to 14 month high as 32 pc of Russian cropland devastated by record high temperatures & Canadian crops damaged by ‘excessive rain.’

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Pre-Crime, Future Crime [Updated]

July 30th, 2010 111 Comments

Stacy Summary:  Convergence of global police state following the sci-fi script to the word.  Re: the second story, I included quotes that support my hypothesis that the intelligence services are looking for crowd-sourced analysis. Russia to give security services powers to arrest people for crimes they have yet to commit Google and CIA invest in [...]

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Russia’s Drought Raises Bondholder Risk

July 29th, 2010 83 Comments

Stacy Summary: I do laugh when shriekers and employees of the House of Saud drop by, “stick to finance, babe, don’t write about climate change.” As if the two can be separated. Russia’s Drought Raises Bondholder Risk High temperatures, which rose to a record 37.4 Celsius (99 Fahrenheit) yesterday in Moscow, have damaged 32 percent [...]

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Double Dips and Currency Wars

July 9th, 2010 42 Comments

Stacy Summary: I found this video interview with Chris Whalen via Jesse’s Cafe Americain. And here is another article from his site with some great, if scary, charts (see one below) about the recent deterioration in the US housing market. Pending home sales:

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