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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: pocotrader who wrote (1577119)12/14/2025 5:39:23 PM
From: pocotrader1 Recommendation

Recommended By
zax

  Respond to of 1578538
 
Russia’s December oil and gas revenue set to drop to lowest level since 2020, Reuters reports
Russia’s oil and gas revenue in December is expected to be nearly half compared to the previous year, Reuters reported on Dec. 12.

The decline, down to about 410 billion rubles ($5.17 billion), is being driven by lower global oil prices and a stronger ruble, bringing monthly revenues to Russia's lowest level since 2020.

Oil and gas income remains the Kremlin’s main source of funding, accounting for roughly a quarter of federal budget revenues.

These revenues have been strained by rising defense and security spending, since the start of Russia’s full-scale war against Ukraine in 2022.

For the full year, oil and gas revenues are projected to total 8.44 trillion rubles ($105 billion), nearly 25% lower than last year and below the Finance Ministry’s oil-and-gas earnings forecast, according to Reuters calculations based on industry and official data.

Analysts said that Russia plans to cover the December budget deficit by borrowing through government bonds, but warned that the situation could become more difficult in 2026 if oil prices stay lower and currency assumptions do not hold.

Ukraine and its Western allies have repeatedly said efforts to curb Russian oil revenues are aimed at undermining Moscow’s ability to finance the war.

As part of that effort, Ukraine has repeatedly targeted Russian oil and gas infrastructure, including refineries and storage facilities, seeking to disrupt a major source of Kremlin funding.

kyivindependent.com



To: pocotrader who wrote (1577119)12/14/2025 7:39:36 PM
From: Heywood401 Recommendation

Recommended By
pocotrader

  Read Replies (1) | Respond to of 1578538
 
Hiking in Nepal, years ago, at about 8,000 feet, I bought an Orange Fanta from a guy in front of his house along the trail.

As I raised it to take a drink, I noticed something in the bottle and looked a little closer.

There was an Orange Fanta pickled mouse in the neck of the bottle.

I showed it to the guy, and he kind of panicked... I realized he was worried about losing the sale and having to give me another one, which would probably have ruined his day.

Everything on that trail was carried in on someone's back, so has that added value to it.

I told him it was OK, and I would just buy another one.

That was good, I got an Orange Fanta and he didn't lose any money.