Russian rouble suffers worst fall since 1998

Russian rouble suffers worst fall since 1998

MOSCOW: The beleaguered rouble on Monday (Dec 1) recorded its biggest one-day fall since the financial meltdown of 1998 after oil prices sank further amid spreading worries about Russia's economy.

The Russian currency's fall - for a third day in a row - saw it slump at one point by more than 8 per cent, to over 53 roubles against the US dollar and 67 roubles against the euro in afternoon trading. The currency then clawed back a little ground to 52 roubles against the dollar and 65 against the euro.

The rouble has now depreciated by some 40 per cent against the dollar this year, due to collapsing oil prices and Western sanctions imposed against Russia's support for a separatist uprising in eastern Ukraine. According to a new study by the polling company Public Opinion, 50 per cent of Russians said the falling rouble was having an impact on their lives.

"This is shock and horror," Elina Drozdova, a 39-year-old mother of two, told AFP, referring to the plumetting currency. "The first thought is, 'goodbye summer vacations'," she said. "Our lives are becoming expensive directly in proportion to the rise of the dollar and euro," she said.

http://www.channelnewsasia.com/news/business/international/russian-rouble-suffers/1504692.html

So what is next for Russia? Are we at the brink of a new Cold War? Or can Germany unlock the crisis over Ukraine?
http://www.ft.com/intl/cms/s/0/4bb50fcc-7937-11e4-9567-00144feabdc0.html#axzz3KfWERxVN

Russia’s Currency Has Worst Fall Since 1998 as Oil Rout Continues
http://time.com/3611494/russia-ruble-currency-oil/

Russian ruble marks worst fall since 1998
http://www.theaustralian.com.au/business/latest/russian-ruble-marks-worst-fall-since-1998/story-e6frg90f-1227141461793?nk=c16912c8b6a032ffe865b261cf481450


Comment - We have a good acquaintance in the Founder of 1000Ventures.com a former USSR Intelligence Officer. The very concept and methodology he/was used to put together that Platform - then 1998/9  - it was the dynamic/synergy of that SIROP program and the need to explain Russia unique high Corporate thinking and practical approach/workings.  This said events since and today 2014 the decision to put into place BRICS.

The Founder of 1000Ventures.Com must have learned a good deal about the positive and negativity of what we have termed "Satanic rage/rave and crack vibes" - he coined Jazzing with respect to business and economic workings.  The Professor has developed numerous theory as to its positivity/usage.

We are very aware of such issues - most important given the Old school we have been trained the need to know and remember the other side of the coin. For the past three days after our return from France, what we have addressed - suddenly the Engineering company with massive Power generator and some five Trucks  and light control - the infernal satanic rage /rave and the impacts - on a very long list of issues and the EU high institutions are oblivious of all this with their Euro billions of resource, policing - what we have been writing those who know our capacity and the technique-methodology they use to influence, abuse and manipulate - specially the conservative Institution and their respective Interests.

Had they not been doing this the Rubble would not have hit such low we worked and have worked $multi trillions market issues the past 25 years and some of the most important issues and mergers we have sufficient knowledge and experience.

What is unpleasant - our Russian Friends their attitude - their  thinking and approach - here is a person with the capacity to influence their Market and economy  and this in $billions and Trillions  - the approach they adopt towards our person and that Seychelles.

It is not our person at wrong - they the many Russian friends. We and they know we know and are very aware how they do business and yet - we have this situation. We posted our concern on Facebook 29/11/14

All those and every body who know how things are done and work in Britain - you go on a holiday, cure or conference - the mechanism and methodology they use to lock you or one up /cage you and chain you or throw you back in the pit. We have some 35 years or more experiences.  In the process the Collateral fall outs and damages and their utter lies specially/particularly when the Conservatives are in control/office.

Witness all those who drive up and down not always under their control some protests and get angry.

Can the Professor of 1000Ventures.com shed some lights.  Better still "Sir James Mancham will his many very influential and powerful Russian acquaintance."

(Open): A rebound in energy and mining shares pulled the market higher in early trade, with the FTSE 100 index up 44.29 points at 6,700.66.

Tullow Oil rose 4%, BHP Billiton climbed 3.4% and BP was up 2.2% after oil prices rose on Monday and other commodity prices stabilised.

Royal Mail shares fell 2.3% after regulator Ofcom said the universal postal service was not under threat.

Ofcom also said it would not impose new conditions on its competitors.

On the currency markets, the pound fell 0.15% against the dollar to $1.5705 and edged up 0.04% against the euro to €1.2620.

http://www.bbc.co.uk/news/business-30288959


Ofcom rejects Royal Mail’s competition concerns
Newly privatised postal service complained that rules for direct mail delivery impeded its own service and helped rivals

http://www.theguardian.com/business/2014/dec/02/ofcom-rejects-royal-mail-competition-concerns

Comment - All the garbage of Democracy, proper benchmark and regulation form the Conservatives - their super con and lies those using the noise/satanic rage/rave form that generator to influence countless issues and the council?police know and are aware. The lies form those so call call media experts and the massive EU Institutions just do nothing - they accept and do not investigate - It is a Power Company involved and they have accountability requirements they are not the Court or the Police or the council - their threats, bullying and innuendos. What about those from the USA.

These thieves, crooks and criminals are using and manipulating my/our system and mechanism - unlike other ethnic communities who would have given then a rough time we lack the manpower and resources and what they have been doing the past 25 years and keep doing.

Cuba: 41 touristes français blessés dans l'accident d'un car

La Havane (AFP) - Quarante et un touristes français ont été blessés lundi, dont sept grièvement, dans une collision entre le car qui les transportait et un autre véhicule sur une route du centre de Cuba, a-t-on appris de sources concordantes.

L'autocar, avec à son bord 41 touristes français et leur guide cubain, a percuté un autre véhicule roulant dans le même sens alors qu'il assurait une liaison entre la ville de Santa Clara et la station balnéaire de Varadero, a annoncé la télévision d'Etat dans son journal du soir.

http://tempsreel.nouvelobs.com/monde/20141202.AFP2211/cuba-41-touristes-francais-blesses-dans-l-accident-d-un-car.html


Quarante et un touristes français blessés dans un accident de car à Cuba
http://www.la-croix.com/Actualite/Monde/Quarante-et-un-touristes-francais-blesses-dans-un-accident-de-car-a-Cuba-2014-12-02-1273096

Les Français pessimistes sur leur avenir financier

Ils placent leurs économies en majorité sur les placements liquides et renoncent même parfois à espérer gagner de l'argent avec leur capital.

http://www.lefigaro.fr/argent/2014/12/02/05010-20141202ARTFIG00006-les-francais-pessimistes-sur-leur-avenir-financier.php

Comment - The Many negative issues since we have come back form France and their media and politicians approach and - the threats from those Power company we must not go back to France and their associated bullying. Those involved and we know who they are and the mechanism they are using.

Voestalpine bangt nach Pipeline-Stopp um Auftrag

Der oberösterreichische Stahlkonzern voestalpine prüft zur Stunde, inwieweit ihn die Aufgabe des russisch-europäischen Pipelineprojekts South Stream betrifft. Der Konzern stehe mit seinem langjährigen russischen Projektpartner OMK derzeit in Kontakt, um die weitere Vorgehensweise abzustimmen, teilte Unternehmenssprecher Peter Felsbach am Dienstag mit.

"Ob es zu einem Lieferstopp für die aktuellen Lieferungen der zweiten Röhre von South Stream kommt, ist derzeit noch nicht absehbar", so Felsbach. Bei einem zweiten Teilauftrag geht es früheren Marktschätzungen zufolge um ein Volumen von 100 Millionen Euro.

http://kurier.at/wirtschaft/wirtschaftspolitik/voestalpine-bangt-nach-pipeline-stopp-um-auftrag/100.291.815

Putin: South-Stream-Pipeline kann nicht fertiggebaut werden
ANKARA. Russland gibt seine milliardenschweren Pläne für den Bau der Erdgasleitung South-Stream zur Versorgung Südeuropas auf. Das hat auch große Auswirkungen auf die OMV und die voestalpine
http://www.nachrichten.at/nachrichten/wirtschaft/Putin-South-Stream-Pipeline-kann-nicht-fertiggebaut-werden;art15,1550651


Putins Paukenschlag: Milliardenprojekt South Stream wird eingestellt
http://www.tt.com/wirtschaft/wirtschaftspolitik/9333850-91/putins-paukenschlag-milliardenprojekt-south-stream-pipeline-wird-eingestellt.csp

Comment - Admitted this issues has been on the table for some time still how the Austrian media hear and interpret it - We have worked and had associated issues with Voestapline for very many years, they used to have an Office in London, then Lady Thatcher - the many English/British entities how know and have known of my connections how they manipulated then - then their ruddy lies. When we write and protest they get made and threaten.

We have children and grand children in Vienna. Not all of them are as thick/daft/stupid as the English/British would like the world to believe

The need to stress the resource of some of those we have mentioned here give our person just a cheap car £1000 and a driver or somebody who can drive all that filth would have stopped/not taken place

We have just had the Council electricians supposedly changing all the sockets and light fittings - what we wrote yesterday and those who saw to it that the contractors stopped/removed that generator from running - those Conservative who use such methods and on individuals they detest or dislike/disprove - today being Budget day they have used and using that Electrician contractor in the name of testing and final inspection - the mega satanic rage/rave and crack vibe and the associated harassment and the collateral fall outs - then the politicians, police, Councils and other will say it never took place. Over the past 10 years our phone bugged and emails monitored we trust they have not planted bugs given the current practice all over Britain and spy on other s then what they dance and sing in court and the media. What started that bugging scandal and the Court case and those close to Downing Str, the cover up and out come. We have check Google news and wait for other fall out results. We have excellent reason for posting this comment here. The many cars and others on the road can pick and are aware - the difference between private contractor and these - the negativity and satanic rage/rave/antisocial will stay for several hours after they are gone. They call this the best practice and benchmark

Autumn statement 2014: chancellor unveils stamp duty overhaul
George Osborne announces reform of ‘worst-designed and most damaging of all taxes’ as he upgrades economic growth for 2014

http://www.theguardian.com/uk-news/2014/dec/03/autumn-statement-2014-george-osborne-economy-3-percent-deficit

Autumn Statement 2014: Live updates as Chancellor George Osborne unveils .
http://www.mirror.co.uk/news/uk-news/autumn-statement-2014-live-reaction-4737796

Yesterday when that Generator was on and the "satanic rage/rave/crack vibe coming out of it/ n the road and all the British media, the South East of England caught up and what they were saying about the market and Economy - suddenly that Generator has been removed it would have stayed another day - the great experts and specialist and this statement. We think and believe the British Police know to certain extent what is going on.

We trust the Obama Children get to be pointed this comment and they have a silly old laugh as thousands of children in Britain do at our comment

FTSE falls from one-week high; focus on budget update
http://uk.reuters.com/article/2014/12/03/uk-markets-stocks-ftse-idUKKCN0JH0T220141203