How will the Russian situation effect uk?

bris

It will have a domino effect that will ripple into Britain is some way, shape or form.


Make no mistake, Russia is huge with an unhealthy power that will influence other economies, this will impact countries with ties to the UK and beyond.

mrginge

I believe all this talk of russia is a red herring. The main challenge we face is actually the result of this years american orange crop.
There could be some big news in this when the report is released after new year. I believe a Mr Clarence Beeks will be delivering this highly influential document to philadelphia on new years day.
Hopefully no unscrupulous commodity brokers will be looking to misuse this information for personal gain.

Should the news come in as positive, I expect to be sipping champagne on a yacht with my fellow financial investors messers Valentine & Winthorpe.

Pincher

Nick_C wrote: »

There should be less Russian Tourists around the world in future, which can only be a good thing.

In Soma Bay, near Hurghada, Egypt, where the tourists numbers were

1. Russian
2. German
3. English

Russian numbers have halved in the last few months.
Direct result of rouble depreciation.

They tell me the resort is 20% occupied, but it looks like 10% to me.

The beach is DESERTED! It's how I always dreamed a beach should be.

Guest101

Pincher wrote: »

In Soma Bay, near Hurghada, Egypt, where the tourists numbers were

1. Russian
2. German
3. English

Russian numbers have halved in the last few months.
Direct result of rouble depreciation.

They tell me the resort is 20% occupied, but it looks like 10% to me.

The beach is DESERTED! It's how I always dreamed a beach should be.

Nothing to do with nearby conflicts?

pinkteapot

Have you seen Finding Nemo? That bit where there's a MASSIVE explosion deep underwater, then a teeny tiny ripple on the surface? We're the surface. Except there probably won't even be a ripple.

DTDfanBoy

Guest101 wrote: »

Nothing to do with nearby conflicts?

I doubt it, it really doesn't matter where a Russian chooses to holiday at the moment, everything they purchase while they are there will cost at least twice as many roubles as it did 12 months ago :eek:

Pincher

Guest101 wrote: »

Nothing to do with nearby conflicts?

The reduction on English visitors due to war has been going on for at least two years. The English go to Sharm El Sheik any way.

The Russian numbers were unaffected by the war. They tell me the reduction is a direct result of the rouble depreciation.

Pincher

I was talking to a Russian three years ago, there is a legal ruse to get round Russian currency control. A Russian would make a generous offer on a UK property, to get a solicitor to issue an official affidavit so the Russian bank will release funds in Russia and transfer it to an account in England. Instead of transferring the money to the solicitor, the buyer simply transfers the money to wherever and disappears.

So, some failed deals, but gazumping and gazundering does the same thing any way.

Guest101

Pincher wrote: »

I was talking to a Russian three years ago, there is a legal ruse to get round Russian currency control. A Russian would make a generous offer on a UK property, to get a solicitor to issue an official affidavit so the Russian bank will release funds in Russia and transfer it to an account in England. Instead of transferring the money to the solicitor, the buyer simply transfers the money to wherever and disappears.

So, some failed deals, but gazumping and gazundering does the same thing any way.

Not sure if this is required.

Given that i sold property in russia and transferred funds to my account without any of this, 6 figure sums

Pincher

Guest101 wrote: »

Not sure if this is required.

Given that i sold property in russia and transferred funds to my account without any of this, 6 figure sums

Who knows, maybe it's money laundering.
Maybe it only applies to Russian nationals?