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Russia invading Ukraine (NEWS/UPDATES)

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Lankester Merrin said:
Potentially this is a lot bigger than locking the Russians out of Swift

Russia has huge foreign currency reserves which it's central bank can use to stop the rouble from collapsing

if they are banned from using those reserves the rouble will lose most of it's value very quickly. This means capital controls in Russian, huge hikes in interest rates. Big stuff
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yes apparently the Russians had built up a 600bn$ war chest in the event of sanctions.

But he didn't bargain on the nuclear button (.pun intended ) of CB reserves freeze

most if it now frozen

Unable to trade due to SWIFT

- Unable to liquidate it's assets due to freeze

Buggered
 
The Great Soprendo said:
I could be wrong but the WS is still broadcast over long wave which travels across continents quite easily. They may be able to block it in places but not everywhere.
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Yeah I think you’re right, and I’m surprised that they would allow us to broadcast without restrictions over there anyway.

However, the bit that every anti-bbc thread brushes over is that the beeb does carry some gravitas to many none uk tax payers…
 
Carrville Mackem said:
As I mentioned earlier in this thread my junior school had one installed in the early 80's but it's long gone now. There also used to be a nuclear bunker at the top of the ice rink car park in Durham city (where the new council building is). My old headmaster was in the ROC royal observer corps who were stationed there.
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There's one under the Civic Centre.
 
I get the feeling these peace talks will be something along the lines of:
Russian Diplomat: Surrender, Kyiv is surrounded, we will obliterate it if you do not put down arms and give up the eastern oblasts of Donetsk and Luhansk
Ukrainian Diplomat: These are not peace talks, these are but demands, obligatory "Go Fuck Yourself"

End of talks.
 
I was 10 in 1962 & lived through and remember very well the Cuban Missile Crisis. There was no Hot Line between Washington & Moscow those days and for a week everyone both young and old was just waiting for the air raid warning to go. For us kids it was a bit of an unknown but for our parents who had lived through a war and had been under attack the prospect was very real. As kids we could see it in their eyes the unthinkable had happened to them. This is nothing like that.

Putin has suffered a military humiliation he is surrounded by NATO countries who because of him are already on alert. He must be thinking "Shit - what happens if they think that the Russia is so militarily inept it would be worth giving it a go right now and they start heading for Moscow ?"

Under such circumstances he has no alterative other than to say "Remember we have nuclear weapons" because from the point of view of a conventional confrontation with NATO he has just demonstrated that Russia hasn't the ablility to put up much of a fight despite all of its hardware. He's issuing the threat because he knows Russia is vulnerable. The Russian Military will be furious with him and of course he will try to blame them.

I should think that his days as Russian president are now numbered.
 
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