RUSSIAN Gas Business Gazprom Collapsing

[@ptick16]

Russia's largest company, providing the largest amount of income into the country going under, is great news for the peace loving nations of the world.

[@AntonShalin-n9k]

It's never happen

[@Travis_22]

​@@AntonShalin-n9kJust like the unsinkable Titanic. lol

[@Travis_22]

​@@AntonShalin-n9kJust like the unsinkable Titanic.

[@barrybrodin7085]

​@@AntonShalin-n9k cry us a river invader

[@Alphasig336]

Only the naive think it can’t or won’t happen. Poor imbecilic Russians think they can survive.

[@steveanderson7536]

The company died in a terrible accident by falling out a window.

[@watchingtheriverflow-j5t]

Observant and funny.

[@kingrat9806]

Big demand for windows in Russia!!!

[@aidensam6071]

😂😂😂

[@dirkdiggler1254]

@@kingrat9806 🤣🤣🤣

[@marco_0599]

...whilst drinking tea.

[@Talinthis]

And to think all russia had to do to avoid all this was to turn around and not destroy another country

[@Kodakcompactdisc]

It’s not in their nature.

[@thedon9670]

pretty simple concept really. "Live and let live".

[@StavroulaAlexandridis]

Agree.

[@martimasters7704]

@@Kodakcompactdisc At least not in the Kremin's nature.

[@ratsliveonnoevilstar1]

@@thedon9670and trade with each other!

[@mastercommander4535]

I like this form of video : no lengthy introduction and later repeated information or requests for coffee until the end . Thank you , may they all be like that .

[@johanklytseroff2543]

I agree, the short format made me click on the video and then see it!

[@LarsDcCase]

I totally agree.

[@Kodakcompactdisc]

Agreed.

[@ItsMeKyle1882]

So maybe "Like", "Subscribe" and "Join", why don't you?

[@SupremeRTS]

His longer videos are so repetitive

[@Roy-jj6hk]

Gazprom should sue Putin for reckless stupidity.

[@mweskamppp]

Gazprom is de facto a nationalized corp. Owned by over 50% by the kreml and controlled by the board of directors who hire the management. Actually over 60% of russias big industry is owned by the government and the structures are still the same as in the SU.

[@Shambolicoholic]

Breaking news: Gazprom falls out of 24th floor window.

[@DarthFurball]

@@Shambolicoholic 🤣

[@ChristyBermingham]

​@Shambolicoholiand spilled everywhere 😂c

[@blauewaffel1469]

They could, or the execs could just voluntarily leap out of the windows and save themselves the bureaucracy

[@jiyushugi1085]

One should also assume that the true figures are much worse than those made public.

[@friedrichjunzt]

Yeah, it's mostly 10 times of what the russian government admits.

[@Timlagor]

I'd certainly assume they are very *different*. Gazprom making a loss could be a case of Putin stealing all the money though.

[@Truthasvictim]

Because truth costs you yout life there.

[@user-cg7kr7xx1q]

Putin thought it was a walk-over. Very bad planning. 🤣🤣🤣🤣🤣🤣🤡

[@merkvandermeulen3978]

Russia had already lost, from long before even the first Russian soldier crossed the border. That's bad (read criminal) leadership. On topic: Gazprom could, in order not to sit idle, connect all of the Federation instead. Just saying...

[@AntonShalin-n9k]

​@@merkvandermeulen3978looool

[@lockwoodpeckinpaugh9252]

Approaching 1000th day of the 3 day SMO. It sure has been special.

[@Alphasig336]

@@merkvandermeulen3978they all ready are connected. They don’t consume enough. They are tiny in comparison. Entire Russian federations economy is the size of Italy.

[@merkvandermeulen3978]

@@lockwoodpeckinpaugh9252 Agree, but not very innovative, indicating that basically not that much has changed in Russia since the days of Potemkin.

[@321ooo123]

The irony in this situation is that it was Russia that stopped supplying gas to Germany, breaching contracts, for which Gazprom is being sued for billions of euros. They were thinking that Europeans would accept any conditions to be provided with cheap gas again.

[@hakangustavsson3538]

😂😂😂😂😂😂🤡

[@Joe44944]

Yep, l think that was the classic case of drinking too much of their own kool aid, you know oh, those weak govt.’s in the West… Russia’s downfall it couldn’t have happened to a nicer country and people.

[@fintonking7525]

A typical Putin's act of blackmail -- that backfired on him. He misjudged the mood of the moment big-time.

[@321ooo123]

@@fintonking7525 dictators tend to get disconnected from the reality, because of their "don't be the bringer of bad news" circle of cronies.

[@Power_Prawnstar]

I'd say almost everyone other than Putin knew it as well. Bizarre. Shows how completely out of touch Dictators can become.

[@Dinoso-cx5qt]

Very good video as usual, but just one small correction: it was not Germany who stopped buying gas from Russia, it was Russia who finally stopped to deliver it, after making a clownshow for several month, where they reduced the volume of the delivery several times. The reason was (according to the Russians) a broken turbine, but it was one out of nine turbines in one station, which needs only six to work at full scale. Finally Russia even refused the delivery of a new pump, refurbished in Canada, because they didn't want to break the sanctions against Russia. And it gets even more funny: There were no sanctions on gas at all. In the end, the Russians stopped completely the delivery long before the Nordstream Pipeline was blown up. The contract was only concerning the delivery via the old Nordstream 1 pipeline. For Nordstream 2 there was no new contract at that time, which might explain why one of these pipelines was not damaged. Since Russia has broken the contract by stopping the delivery, Germany had the chance to come out of that contract without additional payment. That explains also why Austria still gets the gas from Russia. They use another pipeline through Ukraine an have to pay their gas until 2030, even if they would refuse to take it. Greetings from Germany.

[@Lawrence-lj5jz]

That's so convoluted I tend to believe it

[@Llortnerof]

The real joke was Russia's insistence that a cold winter was coming and we'd all freeze... only for it to be way to mild.

[@bertnl530]

@@Llortnerof It already started before 2022. The Gazprom storage locations in the Netherlands and Germany were almost empty at the end of 2021. +/- 20% The other ones where over 90%.

[@kennethsharp9666]

I remember some of that. Russia was limiting supply as a shot across the bow, thinking Germany, and Europe in general, would cower and cave. Didn’t happen. Now Russia is dealing with a poor hand they dealt themselves. It will be at least a decade in decline before i5 inches back.

[@ulfosterberg9116]

​@@kennethsharp9666Russia has no future at all. Who is going to invest? Who is going to buy. Who cares? There is nothing to build upon. Argentinian economy or the promises of Zimbabwe is more trustworthy.

[@glike2]

All Ukraine supporting nations should pass laws banning lawsuits from Russia

[@ulfosterberg9116]

All Ukraine supporting nations should pass laws not buying or interacting with russia. As long there is a russia. Which might not be that long. China seems very interested in Siberia....

[@akselmani]

There is the ICC International Court of Arbitration. Still, Russia doesn't have a case here - as per usual, so the Court of Arbitration will rule against them.

[@zacklewis342]

There's no such thing to ban.

[@SyndakitStudios]

Great work Joe! I've never been this early to your work but am satisfied as usual. Keep it up.

[@daviddelgado6090]

Gazprom will inevitably have to raise prices for domestic consumers. Putin is going to be so popular.

[@antonilachetta]

Gas (and oil) were heavily subsidised in Russia by exporrts. Prices have already risen because they can no longer be subsidisd. Gazprom stated that it would take ten years to recover and asked the Kremlin for subsidies. With what are they going to subsidise Gazprom? Gazprom has stopped drilling because they cannot store the gas, all their storage is full. Gasoline price rose by 20% since the beginning of the year and diesel 10% in the summer because of increased demand for the harvest.

[@patrickjeffers7864]

People will do nothing

[@Norbert2470]

Only 53% of russian households are connected to Russia´s gas grid.

[@hootowl6354]

Russians are stupid. They love their dictator.

[@TheRezro]

@@patrickjeffers7864 They would freeze.

[@sargepent9815]

Reminds me of what Peter Zeihan pointed out a few years back, that WHEN either due to mechanical or economic failure that these wells go off line, because they're in permafrost, the wells will freeze, crack and be unusable. Also, Russia doesn't have the physical or mental resources to do anything about it. So, when those wells go off line, they will stay that way.....forever

[@Kodakcompactdisc]

☺️

[@kestutisbagusauskas8323]

Russia is a perfect example of total failure, and all these pro Russian trolls just keep proving how stupid they really are!

[@irresistablejewel]

Who? Peter Zeihan the globalist fantasist? Yeah, America good, everybody else bad... I guess the air must be pretty thin up where he is. £33 Trillion national debt, system working; send more money?! Russia is self sufficient in: oil; gas and grain, I wouldn't worry about them.

[@sageoldmann5157]

Tens of millions of people will perish if this happens.

[@Anthony-jo7up]

China has that know-how, but open cooperation would lead to secondary sanctions against China.

[@hilarydell-h4s]

couldn't happen to a nicer country!

[@barrybrodin7085]

🎉🎉🎉🎉🎉🎉🎉

[@barrybrodin7085]

👏👏👏👏👏🥳🥳🥳🥳

[@Kodakcompactdisc]

Yup 👍🏾

[@TonyWhite22351]

My thought exactly !

[@helenrushful]

Most companies in Russia are just a windowpane away from the pavement.

[@GloriaHoulihan]

Good luck Linde!!! I am glad Russia is not benefitting from them. May the situation continue!

[@HansdeRooij]

Can remember the time Gazprom was the main sponsor of the Champions League final. How things change.

[@billbellell9462]

Ah, one more step toward the abyss for the Russian Federation.

[@ScottRawdin]

Joe thank you for another excellent analysis.

[@drp2007]

The reality Russia needs to face is they have lost their markets, and they won't come back anytime soon, if ever. Time to rely on your military arms sales.....

[@TomTomicMic]

Oops they are gone to South Korea!?!

[@silafaupaulmeredith7251]

The west is in decline and Russia is pivoting to the east where global growth is generated. Germany is in recession and Russia is growing at a faster rate than any EU country In GDP measured in PPP which is more accurate Russia is now larger than Germany. The sad thing is that the west are still in denial mode instead of facing up to reality in a changing world.

[@markdsm-5157]

and the war in Ukraine is making those arm sales not all that profitable either. nothing like having a war to showcase your military offerings, just to have your army humiliated by a 3rd rate military. (no offense Ukrainians, you were a 3rd rate army compared to what we thought Russia was, turns out everyone was wrong).

[@serhiitsyb6243]

Russian struglings to fulfill foreign military contracts because of sanctions and 21+ % interest rent.

[@JohnVanRaak-yx6cb]

Russian arms exports fell by 53% between 2014-18 and 2019-23. The number of countries purchasing major Russian arms dropped from 31 in 2019 to 12 in 2023. Source Wikipedia. Now France is the second arms exporter in the World, after the US.

[@sterling1855]

Keep up the great work Like these ten minute video's 👍👍👍👍

[@shyamdevadas6099]

Gazprom is also suing Lines because the abandoned gas processing assets are unusable without their expertise. Otherwise they would just confiscate it.

[@marcpaulus6291]

And the few men who had expertise are now on the frontlines

[@Alphasig336]

@@marcpaulus6291the few men who had expertise were western engineers. They left.

[@shyamdevadas6099]

@@marcpaulus6291 That could very well be the case. There is also the possibility that they could be among the many Russians who fled the country. If any of those people were skilled gas engineers, they have probably been able to get good jobs abroad.

[@mattbowdenuh]

@@shyamdevadas6099 Exactly. Plenty of work in the UAE or Qatar for someone with their skills.

[@Bassalicious]

@@marcpaulus6291 Weren't they heavily depending on German know-how for their plants before the war? I could be mixing it up with oil production but there was some sort of crisis whenever the German engineers left.

[@bobdillaber1195]

Fascinating, isn't it, that when you have one of the most valuable commodities in the world, one which everyone requires, that you cannot profit from its sales.

[@yuridreamski2812]

If they’re actually admitting to those losses, we know that they’re probably much, much higher than that.

[@marcpaulus6291]

Build your economy alone on the countrys you want to conquer then be totally surprised that they dont want to buy from you anymore after you started your war.

[@tgthorson51]

Pooty really screwed the pooch with his stupid war😅

[@tomricharme3761]

Fascinating situation. Thanks for sharing.

[@philblum1496]

Joe, I love how you are basically live blogging Russia's self destruction from a clear eyed economic perspective. Great job!

[@danielmcinnes20]

Excellent video, as always!!! Thanks Joe!! Slava Ukraine 🇺🇦!!!!

[@martimasters7704]

Heroyam slava 🥇💙💛

[@MichaelK.-xl2qk]

The good news: By next year Google will be able to pay its 20,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000,000 ruble fine with the equivalent price of a roll of toilet paper in Russia.

[@TH3R34LK]

It doubles each day, so it gonna have to be the universe they give, and it might not cover it fully

[@meso8848]

you gonna bankrupt way before that.... keep sucking Joe's hilarious propaganda ! each 2-3 releasing a bs video about Russia haha.... drugs !!

[@dirkdiggler1254]

Do Russians actually use toilet paper instead of ruble notes ?

[@thegreatkimber3777]

Russia actually made it illegal to print Rubble notes on toilet paper after some russian dudes sold it there...

[@dbmn7571]

You're exaggerating obviously but your point is made. On the USA home front, the US dollar is trash thanks to the FED and the overspending politicians trying to get re-elected. I'm blaming all politicians as well as voters and corporations looking for handouts instead of the government focusing only on its' constitutionally defined responsibilities. Read history folks. Rome, another great society was lost due to overspending and devaluing their money. Rome minted their coins out of real metal, e.g. gold. Over the years the politicians had more expenditures and debts that they could afford with their minted coins, so the coins were mixed with lesser-valuable metals when making the coins and over time the coins lost value. Well, that's the same as printing/creating dollars. The result is the same...the money is worth less and less and less.

[@donbeam4072]

Joe thanks for keeping us posted

[@aaronmlller8150]

Haha, the sly smile when talking about Nord Stream is a vibe I'm feeling... 😏🙃

[@user-rv8wb1nl1b]

thanks Joe Biden ! sssh .

[@Peter-pg4oh]

I have a dream. I have a dream that new US president after election will step in front of people and say: NO sanctions lifting until Russia returns all occupied territories back to Ukraine. So it is up to Russia to end sanctios.

[@ChristyBermingham]

@@Peter-pg4oh yep agree 👍

[@slavojalois1639]

Slava Ukraini! 🇺🇦

[@stuniversalsoldier]

I think the sanctions will be staying until Putin is gone. Why would the west allow them to re-arm?

[@lauchlanguddy1004]

agree, but a few greedy bastards would sell their gran for a million and will force the "government" to back down. If we dont drop sanctions someone else will and THINK OF THE MONEY.. It all runs on money, corporations, deep black ops and a dark economy run by a handfull of billionaires.

[@Chetifs1095]

So do I. But I also have nightmares that the West turns out to be far too spineless, and worried more about LGBTQ issues than saving the west from Russia. NATO at the moment is the 'paper Tiger' that everyone said Russia was.

[@jameswalker7899]

A nice episode. Warmest compliments. Thank you, sir. :)

[@EyeoftheBeholder1]

Thanks for bringing me interesting and good news.

[@alexanderalexander7404]

I really enjoy listening to your economic analysis of world entities.

[@agn855]

Well, if the Russian government has to subsidize GaZprom's employees anyway, it wouldn’t make that much difference sending them directly to the front…

[@blindsoldier]

They can’t stop production…they need to keep pumping and burning that gas to the atmosphere. Most of gas fields or reserves if not all, are in permafrost regions…if they “stop” all pipelines will freeze, contract/expand and without proper engineer technology will collapse. So they need their workers in gazprom to make sure pipelines won’t freeze.

[@cmtwgrdk2748]

what do you mean by ,, if,,?,,, ;o)

[@JayOhio-d4d]

Thanks Joe for the update❤️❤️

[@vissitorsteve]

Thank you again for such an objective and informative presentation!

[@irresistablejewel]

Harharha... good one!

[@DonmenDragon]

Joe could have started this vid with "and here is something to put a smile on your face".

[@zacklewis342]

He did, when he said it would be a brief video...

[@Robert-to9zv]

Great analysis. Thanks so much!!

[@claireanddexter]

Your videos are so helpful on russian economy! thank you Joe

[@antonstoeckl3689]

I know the name Linde from my childhood in Germany since there was some confusion, because in our neighborhood was a big tree with the same name. I am proud of Linde now since they pulled out of Russia because of their unprovoked invasion of Ukraine.

[@michelleagnew8780]

Excellent video as always!

[@TJ-ld5bo]

Thanks for the heads up.

[@romankuratli1827]

LOL, Ruzz accounting, should have seen that one coming.

[@stephendavis6066]

Nice report thanks for your work..

[@IusedtohaveausernameIliked]

I don't know Joe, "Russian accounting" says that everything is going according to plan. (sarcasm alert)

[@nrm224]

Great, focused episode!

[@tedcruz1774]

Thanks for your hard work Joe 😊

[@alexg3348]

Great video format Joe. Keep up the great work.

[@StevenJackson-re6qm]

Thanks Joe. Glad to see subscriber levels back to pre-hack levels.

[@garyddlewis3067]

Great video. 👍👍👍.

[@wilderbeestmcc6539]

Gasprom…. All the staff standing by to deliver your gas needs and deliver free money out of the ground the Russian economy but now no European customers 😂👍🇬🇧….

[@pgluvp4e]

Thank you! Liked The Wise o’l owl wizard!

[@guidosarduci6664]

In a dictatorship it will depend on the dictator who fails and who succeeds. Putin will mandate keeping Gazprom open. No matter the costs.

[@noname-ll2vk]

Correct. Adding more costs for the kremlin to try to keep the kleptostate functioning. Can't sell bonds. Petro sales are finite. Maybe hiring a mafia to run the empire wasn't such a great idea afterall.

[@jim2376]

Putler is a bungler on an epic international scale.

[@Chetifs1095]

Sorry to disagree completely & I'm definitely NOT a troll. Putin has shown himself to be a brilliant master manipulator. He's got NK, China and India and much of the Global south on his side (not to mention Hungary and Slovakia) he might even get his man, Trump, back into the White House, he's infiltrated and upset the West's institutions and politics. He's got NATO shitting its pants. And he's been in power for almost a quarter of a century. You don't get that if you're 'a bungler on an epic international scale'.

[@dk6024]

Who would adjudicate and enforce that suit?

[@barrybrodin7085]

Exactly😂

[@martimasters7704]

No one. Particularly since The Russian Terrorist Federation auctioned off Yukos illegally and guess who "bought" it...GazProm. Yukos filed a lawsuit in the USA because one of the owners had that right due to how investments were structured and the court declared the auction of Yukos illegal. Of course, the Kremlin ignored that and put the head of Yukos in prison on the lie that he owed taxes.

[@LilMissMurder3409]

The Intarnets Policemans, of course. Do you know _nothing_ ?

[@alandevries7170]

Thanks, Joe.

[@luminyam6145]

Oh my gosh, that little owl, so cute!🥰

[@JoshuaHannay]

You're just the best for the real news and the breakdown that makes sense. Thanks for all your support and effort 👌 💪

[@GazzaBoo]

Russia really is just a big gas station.

[@faithrada]

As usual.. these updates and insights are always appreciated.

[@heathhall3662]

I love the shorter video

[@lasalleny]

Joe, thanks for this extra report. The best!

[@anthonypatterson]

Russia fined Google all the money in the world...... They should offer to pay it back in installments, $10 a week :)

[@michaelmichaels-tw7wd]

Fabulous News🌻🤗🥰🦄 Awesome Content as always Joe, Thanks 🌻🤗🥰🦄

[@dougbartlett1982]

You do great work

[@thebeastfromtheeast6479]

Been supporring since 183k...glad to see this channel rolling steady

[@tjakan7769]

EU is still the biggest customer to Russias gas in 2024, they buy 54% of Russias exported gas

[@davidangeron3365]

A Bird in the hand is worth two in the Bush. Yup!!! But Gas Reserves in the Tundra can never be held in the Hand. It is no use measuring their extent if they do not get into a Pipeline to somewhere!!! So counting the size is moot!!!

[@AndreasKonig-qq7yk]

I would watch joes' blogs solely to get a smile on my face!

[@gandalfstormcrow8439]

How much left in the national wealth fund?

[@RussellWarshay]

That's the big question.

[@daviddelgado6090]

Less than $180 b

[@HR_8035_YEA]

14 rubles

[@thoso1973]

About half of the ~$300bn that Russia controls, mostly Rubles, Yuan and gold. Every time the Ruble or Yuan loses value, the reserve shrinks when valued in US $.

[@LordbomberD]

Sounds just like their army.

[@mirkoritter1976]

I like the short format: About 10 minutes ist great.

[@skyd8726]

Also, ruzzia thinks these sanctions would end IF they conquered Ukraine...

[@zacklewis342]

Source?

[@skyd8726]

Think about it... Sanctions are to punish/deter aggression by Dictators.

[@bertnl530]

At 1:35. Important to mention is that Gazprom messed up in the Netherlands and Germany already during 2021. Gazprom had the exploitation of underground gas storage locations. Normally these locations have to be filled, starting in the spring and ending like november reached 90-92% round about. Back in 2021 Gazprom came up with news about a cold winter in Russia and difficulties for deliveries of gas. Winter is always cold in Russia. The locations in Germany and Netherlands all reached this 90-92%. The Gazprom locations in Germany and the Netherlands reached 20%. This caused extreme priceraises already end 2021. It wasn't something "happening to them" They were part of Putin's plans. An accesory. A form of hybrid warfare.

[@davidpaulmert800]

Oh boy this war was such a terrible idea

[@incorrectbeans]

They're not going under. They're just launching a special economic operation.

[@James-ke5sx]

A friend of mine used to say how do you end up with a small business in life. Answer, start off with a big one and screw it up.

[@hakangustavsson3538]

😂😂😂😂😂

[@soccerguy2433]

good

[@joaolopes953]

Gazprom can cut its losses with personnel by sacking them and the Russian mod will have in-house replacements for the DPRK losses in Ukraine! Simple, ain't it?

[@logaandm]

Many companies, not just in Russia, will post expenses/write-offs toward the end of a fiscal year. This puts all the loses in one year and allows for profits (and spectacular growth) in the following year. It makes the CEO look like a genus, boosts the stock price and then the CEO will get a big bonus. Some companies will wait years to write-off bad assets, essentially hiding loses, so they can put it all in one year and show growth the following year.

[@bpd9660]

When does their Wealth Fund run out?

[@daviddelgado6090]

They've used over 50% of the $360 b they had in domestic banks. The drawdown is accelerating. Estimate is around 12-16 months before it becomes critical, thus the political and military situation should change before then.

[@torbenlarsen331]

Putler a former kgb officer doesn't know anything about how the worldwide markets work. But now all countries with natural gas begin to build LNG facilities so they can capitalise on their natural gas, which they never thought they would be able to. Russia the abyss is waiting 😊

[@dprout3392]

The EU could suggest to Russia that provided Putin and his pals are disposed of, the conflict with Ukraine settled, Ukraine compensated, the Russian federation dismantled, the EU might consider buying Russian gas.

[@poleonpoleon706]

Ukraine was not a democracy from what I know and people still think it was when attacked. zelensky could have settled ages ago instead of involving the US in a prolonged proxy war. And we do need the gas in the UK so maybe all of the people who judge Russia should get additional independent information on this war and the consequences to the UK if we fall out with Russia on behalf of another country

[@dprout3392]

@@poleonpoleon706 zelensky could have settled ages ago giving up 25% of Ukraine land, total political and economical control by Russia, exposing Balkan and Baltic countries to aggression, this so as provide UK with Russian gas?

[@antonioguine9670]

For Europe, natural gas is something to avoid. Europeans have better ways to generate heat and electricity, unless some politicians manage to keep linked to Putin's tipe of business. So let Gasprom sell all their gas to china, North Korea, Mongolia and mostly Russians. After all the climate changes, there's still a lot of cold weather there...

[@dmitryk2058]

the sad irony is that russians dont really see the russian gas there are places in russia ( and i am not talking about some remote siberian village ) that dont have heat, electricity and easily accessible clean water …its pathetic

[@zeriyx]

leave linda alone 😩😩😩

[@stevejohnson170]

Maybe they can sue Google to stay afloat? Apparently that was was part of Putin’s plans all along. Beautifully coloured in with crayons from what I hear. 😂😂😂

[@dirkdiggler1254]

According to Wikipedia is a googol a large number 10^100. In decimal notation, it is written as the digit 1 followed by one hundred zeroes: 10,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000,​000. If the observable universe were filled with sand, it would still only equal 10^95 grains. Another 100,000 observable universes filled with sand would be necessary to make a googol The companies name is derived from that notion and apparently explains the claim of the Russian Federation against Google.

[@LiamHanilton-ko8kg]

House of cards.😅

[@scottcornford1644]

for context, that's roughly the price of 3000 tanks during peace time, not at current inflated prices

[@michealtilsley2222]

There's also the selling og LPG.....ships have loaded and cannot get clients

[@mweskamppp]

Some are sold to Japan or Europe. Not that much but still.

[@einfelder8262]

Nornickel, also known as Norilsk Nickel, is also making fabulous losses right now. Reuters reported in Sept 2024 "Nickel market no longer afraid of losing Russian supply" so there is no future for that company either. Between the two massive companies there will be many job losses before they become minnows barely able to survive.

[@RobertHiggins-g2p]

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[@KendraJohn-l1m]

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[@DavidLynch10]

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[@BenjaminDonald712]

The same goes for me, I do a wide range of investments with the help of my financial advisor. I advise you to find a professional to help you plan and improve your management skills. By the way, working with Michael Wayne was a great experience.

[@SandraBennett170]

Hello how do you make such monthly?? sometimes I feel so down🤦🏽 of myself because of low finance but I still believe in God

[@mummelmann-hd2xu]

Bleib am Ball ‼️Tatsachen Bericht Chapeau 🇩🇪🇺🇦

[@bryanoneill5047]

Action thru the courts same as hybrid warfare

[@ekevanderzee9538]

Also: Russia doesn’t have any cold water ports. So even if they could go LNG, it would of minimal benefit.

[@irresistablejewel]

It's got plenty of them; only they ice up; that's why they need the port in Crimea (which doesn't).

[@augisrk]

Profit figures are largely irrelevant and unless Gazprom paid all 2022 profits as dividends Russia government wouldn’t had got $8bn. Need to look at what are their dividends and what happened in Q4 are likely to be impairments of assets so accounting adjustments and how they are performing better reflection would be cash flow if cash flow positive they can operate for long time but that still means less money for Russia.

[@junecampsall7474]

Great video