Implode-Explode Heavy Industries news feed http://implode-explode.com/ Tracking the many faces of the global credit implosion. en-us iehi-feed-55324 Fri, 31 Oct 2014 18:09:19 GMT Russia and Ukraine Reach Gas Deal http://implode-explode.com/viewnews/2014-10-31_RussiaandUkraineReachGasDeal.html iehi-feed-55323 Fri, 31 Oct 2014 17:54:57 GMT Russia takes emergency steps to defend ruble, tame inflation http://implode-explode.com/viewnews/2014-10-31_Russiatakesemergencystepstodefendrubletameinflation.html iehi-feed-55320 Fri, 31 Oct 2014 17:45:04 GMT Text of Putin Speech Calling Out US http://implode-explode.com/viewnews/2014-10-31_TextofPutinSpeechCallingOutUS.html iehi-feed-55314 Thu, 30 Oct 2014 14:32:13 GMT France to hand over first Mistral helicopter carrier on Nov 14 -- Russia -- RT News http://implode-explode.com/viewnews/2014-10-30_FrancetohandoverfirstMistralhelicoptercarrieronNov14RussiaRTNews.html France may hand over the first of two Mistral helicopter carriers to Russia on November 14, Deputy Prime Minister Dmitry Rogozin said. He announced that Moscow had received an invitation to take delivery at France's Saint-Nazaire shipyards.

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Under the deal, Russia was supposed to receive the first of the two warships, the Vladivostok, in October this year. However, delivery has been postponed due to the conflict in Ukraine, the impetus behind the international community's pressure on France to cancel the contract.

Western allies have been pushing Paris for months, saying that France has to make sacrifices to meet its commitment to oppose Moscow through sanctions over the crisis in Ukraine.

See also this surprising piece (given the supposed cracking-down of the Kremlin over the Russian economy) :

Russia is now ranked 62nd in the World Bank's new 2014 Doing Business report, which measures the ease of doing business in 189 countries worldwide. The country climbed 30 positions from 92nd spot in 2013.

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Russia's steep improvement to 62nd place is due to the report changing its methodology in determining the rating by adding new indicators, such as ease of property registration and starting a new business, as well as the availability of credit, protection of minority shareholders, and bankruptcy procedures.

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iehi-feed-55311 Thu, 30 Oct 2014 00:35:11 GMT Russia vows to drill alone in Arctic http://implode-explode.com/viewnews/2014-10-29_RussiavowstodrillaloneinArctic.html Rather than throw in the towel in the face of Western sanctions intended to halt Russia's Arctic oil ambitions by stopping technology transfers, the Russians have responded with plans to "Russify" the technology to be deployed in the world's largest effort so far to extract oil from the thawing Arctic Ocean.

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A further "Russification" of the industry seems inevitable. This month, President Vladimir Putin approved the creation of a state-owned oil services company, RBC, a Russian business newspaper reported. The intention is to duplicate, as well as possible, the services purveyed now by Halliburton, Baker Hughes and Schlumberger.

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iehi-feed-55307 Wed, 29 Oct 2014 16:32:26 GMT Deutsche Bank Posts $117 Million Loss as Legal Costs Mount http://implode-explode.com/viewnews/2014-10-29_DeutscheBankPosts117MillionLossasLegalCostsMount.html iehi-feed-55304 Wed, 29 Oct 2014 15:01:41 GMT How China & Gold Will Shape The Future - Willem Middlekoop http://implode-explode.com/viewnews/2014-10-29_HowChinaGoldWillShapeTheFutureWillemMiddlekoop.html iehi-feed-55303 Wed, 29 Oct 2014 12:28:52 GMT Re-elected Dilma wins in a Brazil broken in two http://implode-explode.com/viewnews/2014-10-29_ReelectedDilmawinsinaBrazilbrokenintwo.html iehi-feed-55301 Wed, 29 Oct 2014 12:25:02 GMT Gold at $7,000 article goes viral in Chinese media http://implode-explode.com/viewnews/2014-10-29_Goldat7000articlegoesviralinChinesemedia.html iehi-feed-55300 Wed, 29 Oct 2014 12:22:26 GMT China Gold Demand Super Strong; Supply Deficit Building http://implode-explode.com/viewnews/2014-10-29_ChinaGoldDemandSuperStrongSupplyDeficitBuilding.html iehi-feed-55295 Tue, 28 Oct 2014 20:37:00 GMT The ECB isn't really printing and the Fed isn't really stopping | Radio Free Wall Street http://implode-explode.com/viewnews/2014-10-28_TheECBisntreallyprintingandtheFedisntreallystoppingRadioFreeWall.html iehi-feed-55293 Tue, 28 Oct 2014 19:49:37 GMT 13 Europe Banks Flunk Test, Must Find 10B Euros http://implode-explode.com/viewnews/2014-10-28_13EuropeBanksFlunkTestMustFind10BEuros.html iehi-feed-55291 Sat, 25 Oct 2014 17:00:03 GMT Chris Powell: The crucial questions financial journalism won't ask and central banks won't answer http://implode-explode.com/viewnews/2014-10-25_ChrisPowellThecrucialquestionsfinancialjournalismwontaskandcentr.html iehi-feed-55290 Sat, 25 Oct 2014 14:17:54 GMT Putin Warns Of Risk Of "Global Anarchy", Says Dollar Losing Reserve Currency Status http://implode-explode.com/viewnews/2014-10-25_PutinWarnsOfRiskOfGlobalAnarchySaysDollarLosingReserveCurrencySt.html iehi-feed-55283 Fri, 24 Oct 2014 14:26:22 GMT China's economic growth slows to 7.3%, near six-year low http://implode-explode.com/viewnews/2014-10-24_Chinaseconomicgrowthslowsto73nearsixyearlow.html iehi-feed-55276 Thu, 23 Oct 2014 14:33:54 GMT Russia Loses Oil Ally in De Margerie After Moscow Crash http://implode-explode.com/viewnews/2014-10-23_RussiaLosesOilAllyinDeMargerieAfterMoscowCrash.html iehi-feed-55275 Thu, 23 Oct 2014 13:57:07 GMT China Gold Association: 2013 Gold Demand 2199t (NEARLY DOUBLE WGC'S NUMS!!) http://implode-explode.com/viewnews/2014-10-23_ChinaGoldAssociation2013GoldDemand2199tNEARLYDOUBLEWGCSNUMS.html iehi-feed-55274 Thu, 23 Oct 2014 13:55:12 GMT Big nations snub Beijing bank launch after US lobbying http://implode-explode.com/viewnews/2014-10-23_BignationssnubBeijingbanklaunchafterUSlobbying.html iehi-feed-55272 Thu, 23 Oct 2014 13:51:38 GMT Top bullion consumer China works on first gold forwards, options http://implode-explode.com/viewnews/2014-10-23_TopbullionconsumerChinaworksonfirstgoldforwardsoptions.html iehi-feed-55270 Wed, 22 Oct 2014 15:54:58 GMT Chinese and Indian gold buyers back in market in a big way http://implode-explode.com/viewnews/2014-10-22_ChineseandIndiangoldbuyersbackinmarketinabigway.html What has been particularly strange about the gold market over the past two years is that the stronger the physical demand appearing for gold, the weaker the gold price has tended to get... gold hungry China and India continue to accumulate gold, between them at a rate which probably accounts for close to the full total of global mined supply. And there are another group of Asian nations with similar gold hoarding proclivities, not quite at the same scale, but cumulatively significant.

One may ask that, if indeed they are collectively accumulating more than global new mined supply, and with scrap supplies falling with the gold price, where all this gold is coming from... Last year it may have come from gold ETF liquidations which amounted to perhaps more than 700 tonnes, but although there have been some sales out of the gold ETFs this year they have been on nothing like the scale of 2013. So the conundrum remains. Demand has to be exceeding supply, yet the price keeps falling. Surely that has to end soon.

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