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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: RealMuLan who wrote (53648)9/24/2004 3:00:36 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 74559
 
YIWU I think for the most we agree... I just don't think Russia and China will be singing Kumbaya around the campfire and toasting marshmallows... that's all.. This is just more of the ascendancy of China and Russia now with a strongman in charge will get it's share of the pie... These will be interesting times indeed...

Putin has repeatedly said that the government does not want to bankrupt the company and that the case is aimed at stamping out shady tax-minimizing schemes.
He (Putin) wants to let everybody know who exactly is in charge...
Kastel



To: RealMuLan who wrote (53648)9/25/2004 3:13:05 AM
From: Raymond Duray  Read Replies (1) | Respond to of 74559
 
Re: Chinese state media say oil imports from Russia jumped 73 percent last year to 36.7 million barrels.

Just to put this in perspective, the world currently consumes 78 MMbbl/d. The U.S. alone consumes 19 MMbbl/d.

The Russia-China trade seems trivial in comparison.