Eurasia Developments: Belarus Monetary Reform; Moscow World’s Most Dynamic City; Armenia Joins Russian Air Defence
Eurasia and EAEU Developments: Goodbye Belorussian Millions (Belarus Monetary Reform); Moscow – World’s Most Dynamic City; Armenia Joins Russian Air Defence Network
Since there is a demand among my readers for the positive and noteworthy news from Russia and Eurasia, here are some breaking news of interest. I am combining these three items in one as they are loosely related.
The news are: 1. The long-overdue Belorussian ruble monetary reform; 2. the recognition of Moscow as the world’s most dynamically developing city; 3. Armenia Joins Russian Air Defence Network
Why are they related? It’s clear to me that despite Russian sanctions, despite attempts to destabilize Eurasia and EAEU, despite US attempting to generate color revolutions and conflicts between members of the EAEU, the big Eurasian ship is continuing its steady movement forward. And that’s good news.
I do recommend, for those of my readers who never got the chance, to go ahead and read/watch my Earth Shift Reports dedicated to the topic at hand (ESRs are donation-based and you’ll find full instructions on report page). These reports summarize and pull together all the relevant intel, plus my analytics and predictions, thus giving you a complete and diverse picture of everything surrounding EAEU and Eurasia. Here they are:
- ESR1: IS PUTIN PART OF NWO? (on Russia/Belarus/Kazakhstan)
- ESR9: ATTACK ON KAZAKHSTAN: WHO DESTABILIZES EURASIAN UNION (all about Kazakhstan, Central Asia and Caucasus, Armenia featuring prominently)
Goodbye Belorussian Millions! (Belarus Monetary Reform)
Till today, in order to do some basic shopping Belorussians had to carry large wads of cash. Say, a kilo of meat would cost you 120,000 Belo-rubles (incidentally, Belo-rubles is my own witty abbreviation for Belorussian rubles). In reality, the whopping 10,000 ruble banknote has been small change, while the actual metal coins haven’t been seen in Belarus since Soviet times. I traveled to Belarus in 2015 and I can tell you that trying to figure out what costs what in real terms while pulling out of your wallet banknotes worth ‘millions’ to make a minor purchase was awfully awkward. Other than that I enjoyed my trip tremendously. Belarus has problems of its own, but overall it looks pretty good, especially in comparison with neighboring Ukraine and Baltics. I describe how it all compares in ESR1.
For a moment and a half I even considered moving to Minsk, the capital of Belarus, after a lucrative advisory offer I received.
By far the biggest problem Belarus has is rampant inflation and lack of confidence in the national currency. I told my contacts in Belarus that this problem isn’t Belarus’s fault. Moreover, it simply cannot be fixed under today’s global economic and financial conditions, until 4 things change globally:
1. There is no way to correct this problem for as long as the US dollar is the dominant and practically only global reserve currency;
2. In order for Belo-ruble to stabilize, a new multipolar world has to emerge and take hold;
3. Belarus has to integrate much more into the Eurasian Union and the new common currency has to emerge;
4. The new global economy must be based NOT on money, as the Western-centric model does today, but on resources and production. In other words, the predatory Western economic/finance model has to be replaced.
All these processes have to develop together, and once the critical mass is reached the stabilization will occur naturally.
The above 4 conditions apply in different degrees to Russia, Brazil, China and absolutely all economies of the world. Some, due to added political factors, are hit harder than others. So add to the above list the change in the political system of the West.
However, Belarus can’t wait that long. Monetary reform was planned in 2008, yet it was postponed due to the global crisis. The money printed and coins stamped in 2008 sat in the vaults. This new money is being released tomorrow, July 1, 2016.
Belarus is saying goodbye to the easy ‘Belorussian millionaires’ whose real assets would be meager compared to small potatoes in nearby Russia. June 30 was the last day the astronomical multi-million ruble store prices were in effect. Starting tomorrow Belo-ruble slashes four zeros and what has been 10,000 rubles will become just 1 ruble.
It has to be noted that Belorussian ruble is not the same as Russian ruble, although it shares the name. The traditional Russian ruble got divided as a result of the 1991 USSR breakup. In the ’90s the worst plunge the Russian ruble experienced was $1 to 600 rubles, and that was a catastrophe. At the very same time Belo-ruble fell by hundreds of times against the plunging Russian ruble.
The Belorussian monetary reform will be gradual and old money will be accepted for a while next to the new ruble. Here is a video in Russian, showing Belarus and some of the Belorussian money – the old and the new rubles:
Moscow as the world’s most dynamically developing city
Moscow Mayor Sergey Sobyanin has announced that Moscow tops the global list of seven most dynamically developing cities. A number of new high-profile city development projects were presented at today’s Moscow International Urban Development Forum. Moscow also has been named one of the world’s ten cities with best investment climate – VIDEO.
So much for sanctions, ‘international isolation’ and all that jazz.
Below some of my images of Moscow: 1. Moskva River embankment with Christ the Savior Cathedral and Peter the Great monument, 2. Alexandrovsky (Alexander) Gardens near Kremlin, 3. Novodevichy Monastery.
(Just recalling Obama’s last year’s pronouncements that ‘Russia’s economy has been blown to pieces’ and that ‘no one goes to Russia any more.’ Hillary Clinton and Barack Obama: what a fabulous match they are, and talk about being a laughingstock.)
Armenia Joins Russian Air Defence Network
Armenian parliament voted to join the Russian air defence network. The development is especially noteworthy because it happens after relentless attempts by US to create a rift between Russia and Armenia, plus multiple attempts of color revolution and political regime change, in order to tear Armenia away from Russia and Eurasian Union, which this post-Soviet republic joined in 2015. I describe all these subversive attempts and how Russia managed to fend off the attacks in ESR9.
Another interesting coincidence of Armenia joining Russian international air defence system at this very moment is that it happens within one day after Erdogan/Turkey issued official public apology to Russia for Su24 fighter jet downing last year. As I discussed in ESR9, Turkey and Armenia are mortal enemies, who happen to share a border. The timing is, therefore, significant and sends a specific message to Erdogan/Turkey and to the West.
I am coming out with a full report and analytics for the stunning Erdogan’s apology, its international effect and new Russia-Turkey relations as a result of this jaw-dropping turnaround. Why did Erdogan apologize after 7 months of denials and silence? What it means and how will it affect Turkey’s relations with Russia, EU, US, NATO? Stay tuned for my report.
Also coming! Breaking news: US warship harasses Russian frigate in the Mediterranean. Does US need a reminder of the 1988 Black Sea incident? (I am not even talking about the USS Donald Cook 2014 Black Sea incident). I’ll show you the jaw-dropping 1988 incident.
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