Sino-Russian Alliance: The New Axis of Power | Latest English News | WION
The United States is facing a rapidly shifting global power dynamic with both China and Russia drawing closer in military coordination. Watch in for more details!
#unitedstates #russia #china
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33 comments
Congrats to Russia and China for refusing to be ruled from Washington!
These people have failed to be united. America with Europe and more countries in Africa damn America is very powerful
The Kremlin will no longer be able to hide this. A serious blow to the Russian budget. Will lose billions of rubles. A serious blow to the Russian budget. He will lose billions of rubles.
A serious blow to the Russian budget. The state treasury will lose billions of rubles. oil prices reduced the price of a barrel of Urals by almost $10 below the level included in the Russian budget. This means one thing – the Russian state treasury will face losses of hundreds of billions of rubles. As economist Yevgeny Suvorov notes, the Russian authorities find themselves in an extremely undesirable situation and it is a "great unknown" what they will do about it.
The Russian government has estimated oil and gas revenues for this year at 11.5 trillion rubles. However, it will accumulate no more than 11 trillion rubles, say experts from the Gaidar Institute in their review of state finances. "The situation may be adversely affected by the decline in oil prices and the stabilization of the ruble exchange rate at a higher level than in the first half of the year," they write. Lots of problems
in early September, the price of Russia's export Urals grade of crude oil fell below $60 a barrel for the first time since the beginning of the year, although it was selling at $75 not long ago. and higher. According to estimates published by the Argus agency in mid-September, prices in Baltic and Black Sea ports for a barrel of Urals oil amounted to USD 61-62 compared to USD 70, which the Kremlin included in the 2024 budget. The Russian economy is going to the bottom. experts predict the imminent decline of the Kremlin's power.
But that's not all. According to the Gaidar Institute, the Russian state treasury may lose 800 billion rubles on non-oil and gas expenses. key sectors of the economy – metallurgy and the coal industry, which have lost their markets due to Western sanctions – are struggling with many problems. as a result, their revenues may be 1.3 trillion rubles lower than expected by the Kremlin – instead of the planned 35 trillion rubles, they may reach 33.7 trillion rubles. Taking into account the fact that the Russian Ministry of Finance increased its spending plan from 36.6 trillion rubles to 38 trillion rubles, the budget deficit may actually amount to 4.3 trillion rubles, economists estimate. This is 2.6 times more than the 1.6 trillion rubles planned by the Russian authorities, and will be one third more than last year. The great unknown
So far, the Russian budget has not experienced any major problems. In August, the authorities even recorded a surplus of 767 billion rubles. nevertheless, it is difficult for them to hide the fact that oil and gas revenues in August, totaling 768 billion rubles, were 28 percent lower than in July and 20 percent lower. lower than the average of the previous seven months. According to the International Energy Agency, Russia's oil and gas revenues fell by $1.6 billion in August – to $15.3 billion – and were the lowest this year. Even if oil prices stabilize around $60 per barrel, the Russian budget will be in a precarious situation "due to high spending on special military operations," writes Rosbank. Military spending, including weapons, will account for almost 30 percent of all Russian budget spending this year โ a record share since the fall of the Soviet Union. Russia's lost decade. This is the Kremlin's greatest illusion – how Russians are paying for Putin's war
under Russian law, to compensate for falling revenues, the government should tap into the National Welfare Fund. However, it has only 4.8 trillion rubles of liquid funds in reserve, some of which has already been distributed, notes Yevgeny Suvorov, economist at CentroCredit Bank. It is a great unknown what the Russian government will do in the current situation, he says. Since the beginning of the war, the "liquid" cushion of the National Welfare Fund has decreased by almost half. what will the Kremlin do, it will lie and lie as always, just as they said that the military operation would last 3 days ๐ So they will announce on TV from Moscow that everything is fine. This means that every Russian will become financially poorer (apart from dead Russian soldiers and war cripples). this is and was Russia :(. A039
Russia has too much power than US.๐
South Korea and US doing joint military drill not a thteat?
How is thia drill a threat to anyone? And don't sovereign countries have a right to self-determination? Shouldn't countries have a right to decide which block they want to belong to if any?
Threat to what? The people of the west? Or just US global domination of the world! And all the so called elites
Calling the Sino-Russian Alliance ''The New Axis of Power'' is a matter of perspective.
From Russia and China perspective, they are the defensive alliance & the West are the AXIS. They feels the threats from the western military power that keeps coming closer to their borders.
I knew this was going to happen when America stuck it's nose "again" into somebody else's business…their constant idiotic meddling is going to get a lot of people fried…
putin is not too dumb to fully trust china ๐
US hegemony has no place in todays world.
Russia and China forces are purely defence oriented, but US wants to control the world. More than 800 military bases outside its territory proves this point. Do not expect others to sit and do nothing while being circled by hostile forces.
YOU REAP WHAT YOU SOW THE WEST HAS BEEN SOWING DISASTER FOR THE LAST 10 YEARS.
Fantastic
"My enemy is your enemy"
A reckon the usa might go mad soon
They gona spit the dummy and go crackers you know
The headline is wrong, it should be โthe USA ๐บ๐ธ and NATO vs Russia ๐ท๐บ and China ๐จ๐ณ ๐
America with no ambition, uk the island small country now become poor still dream of old glory coming back.
The axis is the US and the West.
Covert nazi empire under the guise of sionism is acting up against their nemisis Russia and China.
Guess who was behind, bolsjevik revolution, French Revolution, Ukraine revolution. Plus many other revolutions, First and second world war, slavery, 911, jfk, hiv, sars, mers, ebola, guess who?
This is The Justice League that maintains world peace
Uncle Sam and his vassals vs. The Global Southโฆ take your pick!
Two idiot
Russia Stupidity and Putin Insanity when Putin invaded 15% of Georgia territory by force in 2008, Crimea, Ukraine in 2014, and Ukraine again in 2022. The territories gained by Russia can not the destruction of life and properties lost, Stop Invasion. Ukraine is is not like Hamas that climbed the fence of Israel and burn everything including babies, robbed and raped women
2 dictators that hate each other but have a common enemy
Countries have to form a new military alliance to defend against agresive US – NATO block.
Usa and Nato vs Rusia and Cina๐ค
The look on all the demashits faces when they said china wouldn't join๐๐๐๐๐
Yep.๐ค
The USA oligarchy dictatorship regime is in vulgar decline ๐ฎ
Ukraineโs fight for freedom inspires all who value justice and hope.