The Brink of War?

[StevieWonders]

as usual: mobile phones, cars and so on, home technic... also Samsung as world third largest construction company is involved in some projects here

Are Renault cars popular in Russia?

[Moses]

Are Renault cars popular in Russia?

low end market, local manufacturing plant of joint venture Lada with Renault... prices are below $10 000 including recycling taxation, transport taxation and VAT

sales about 100000 per year (about 16% of mass market, excluding premium segment)

[cdnmatt]

For the Samsung thing, you can thank your enemy the United States for that one:

https://www.theregister.com/2022/03/...an_exemptions/

[StevieWonders]

low end market, local manufacturing plant of joint venture Lada with Renault... prices are below $10 000 including recycling taxation, transport taxation and VAT

sales about 100000 per year (about 16% of mass market, excluding premium segment)

Who makes the attack-proof ones the equivalent of the ones used by the US President in America?

[Moses]

Who makes the attack-proof ones the equivalent of the ones used by the US President in America?

It is local manufacturer. Brand Aurus. https://en.wikipedia.org/wiki/Aurus_Motors

They have sales here and at the Middle East.

[Dodger]

South Korea just announced what Korean companies (Samsung, Daewoo and so on) will keep business with/in Russia and will not follow sanctions.

Just to keep this is in perspective, S. Korea has already banned exports of strategic items to Russia. Mobile phones, cars and other consumer goods are not currently subject to the United States' restrictions on exports to Russia, This could possibly change in the future.

The statement you made about S. Korea not following sanctions is incorrect.

[dab69]

https://www.msn.com/en-us/news/other...WV7?li=BBnb7Kz

Death of markets in Russia...



"While Russian television has long been known for its "customer-friendly" programming, it appears to have hit a new note Wednesday.

That's when a market expert slammed a shot of something and drank to the "death of the markets" during a live broadcast of a "Trading in a New Way" on a Russian financial channel — and then proceeded to say he would now make his living as Santa Claus.

https://twitter.com/tjournal/status/1499300107837128704

Anchor Elina Tikhonova handled this development with as much aplomb as possible, but the clip of her interviewee smacking his lips in the standard issue, tight black tech bro T-shirt has since gone viral.

Alex Butmanov, chief executive officer and founder of DTI Algorithmic, which specializes in stocks and ETFs, has thus far not made a public comment about the appearance. "

[Moses]

For the Samsung thing, you can thank your enemy the United States for that one:

https://www.theregister.com/2022/03/...an_exemptions/

No. That's Korea's job to thanks. Anyway Chinese Xiaomi is more popular here than Samsung. Russia may live without Samsung easy. If Samsung will keep sanction then it will be very fast substituted here by Xiaomi and forgotten. Nobody care about them here.

The same with construction project: if they will drop projects - then Turkey will substitute Samsung and then Samsung will again fight with Turkey for to return to Russia.

Matt, remember - Russia is market of buyer. Russia chooses who will work here - huge reserves of gold, low state debt, always pays in time.

[Moses]

https://www.msn.com/en-us/news/other...WV7?li=BBnb7Kz

Death of markets in Russia...



"While Russian television has long been known for its "customer-friendly" programming, it appears to have hit a new note Wednesday.

That's when a market expert slammed a shot of something and drank to the "death of the markets" during a live broadcast of a "Trading in a New Way" on a Russian financial channel — and then proceeded to say he would now make his living as Santa Claus.

https://twitter.com/tjournal/status/1499300107837128704

Anchor Elina Tikhonova handled this development with as much aplomb as possible, but the clip of her interviewee smacking his lips in the standard issue, tight black tech bro T-shirt has since gone viral.

Alex Butmanov, chief executive officer and founder of DTI Algorithmic, which specializes in stocks and ETFs, has thus far not made a public comment about the appearance. "

There are army of "experts" here. Some are in panic, most of them - not in panic. All make controversial predictions as usual.

All I can comment: at first day local indexes failed down from 3500 almost to 1500 points, but at this week it is going up 15-20% daily, now it is 2470. Everyday green.

[cdnmatt]

No. That's Korea's job to thanks.

No, it's the US Department of Commerce who lifted that export ban. Not sure what world you're living in, but South Korea simply will not go against the US. You only need to look at who their friendly northerly neighbors are to see why.

Russia may live without Samsung easy. If Samsung will keep sanction then it will be very fast substituted here by Xiaomi and forgotten.

Why not just get an iPhone? They're the best in the industry.

Oh, that's right... nevermind.

Matt, remember - Russia is market of buyer. Russia chooses who will work here - huge reserves of gold, low state debt, always pays in time.

What the hell are you on about? Not only did Putin just invade the first democratically elected foreign nation on the European continent since WWII, a week ago he also dictated that all companies must sell off 80% of their foreign assets, not to mention the Ruble is a total mess and S&P downgraded Russia's credit rating to junk status. Gee, sure sounds like an investor's wet dream to me.