Shares of Russian’s second largest seller of consumer electronics continue to lows not seen since the 2009 financial crisis Having seen it’s share value drop by -88% in only two years and with 1,200 stores and 30,000 employees nationwide, Russia’s second largest seller of consumer electronics has announced an abrupt change in business model after 31 years in operation.
Russian railways spiraling debt load is curtailing company activities, with debt service payments having gone for $3 billion to $7 billion in one year’s time.
Amidst record crop failures and with all resources now going to Putin’s global war projects, things are only getting worse for the collapsing Russian agricultural sector, with domestic sales of new equipment dropping by 16.5% year-on-year to 167.5 billion rubles in the first ten months of 2024, according to the Russian Association of Specialized Machinery and Equipment Manufacturers (Rosspetsmash).
Farmers say theyve never seen in so bad as Russia is confronting an unparalleled agricultural crisis with severe drought conditions threatening to decimate winter crop yields, particularly wheat, across key farming regions. This development poses significant challenges to the nation’s food security and its position in global grain markets as the Russian economy already faces collapse in a number of sectors.
Earlier in war, before the world had grown accustomed to the barbarity of russian culture, to it’s innate savagery and 9th century ways, westerners were aghast at stories of russians only receiving an average of 3 weeks training before being sent to commit atrocities upon the good people of Ukraine.
New Russian recruits no longer receiving training before becoming wormfood Read Post »
Putin fires another General after catastrophic losses in Syria Sent packing, like a doe-eyed baboon, Putin has sacked his top General in Syria, the bumbling yet barbaric Lieutenant General Sergei Kisel, after a weekend of catastrophic losses for Russian troops at the hands of Syrian rebels. Russian units in Syria have faced substantial casualties, with some formations encircled and hundreds of soldiers reported missing as rebels press toward Dama.
Putin fires another General after catastrophic losses in Syria Read Post »
Midget Medvedev Continues To Acquire Western Luxury Properties Despite his almost daily calls to nuke the west, Medvedev continues to invest in that exact west, the same west in which the children of Putin´s entire circle choose to live, study and build their businesses.
Midget Medvedev continues to acquire western luxury properties Read Post »
Russia’s Agriculture Crisis Continues With everything from sugar production to potato production in a state of collapse due to mismanagement and the majority of resources being allocated to the war effort, Russia’s agricultural shortages are deepening. Russia has proposed to the Eurasian Economic Commission (EEC) a six-month suspension of import duties on potatoes, onions, cabbage, carrots, and apples, from January 1 to July 31, 2025.
