Im not hating... just curious about what has Obama done for the black community. Also how Chicago has improved since hes been a political figure. Also, about his initiatives as president aimed at the black community.... (not saying that hes required to do the same as hes done for Israel, gays,or immigrants.. just cuz hes black)I mean he did graduate from Havard something you never doneAnd did more for his community than you ever done
What is Putin going to do? Obama "Russia Doesn't Make Anything" (Putin Hacked America)
- Thread starter Leasy
- Start date
The dollar is not going nowhere breh people been saying that shyt for decades. The chinese rely on U.S just as much as we rely on them. Those other countries under the Brics have a long way to go. America already slowly but surely destroying Russia which will cause a reaction from them by War. The chinese dont need any of those countries.
UPDATE 2-Food ban, budget woes put Russian market under cosh
Thu Aug 7, 2014 8:39am EDT
By Jason Bush and Polina Devitt
MOSCOW, Aug 7 (Reuters) - Retail and banking shares led broad declines on Russian markets on Thursday after Moscow responded to Western sanctions with food import bans and chose to plug a budget gap by diverting private pension fund contributions.
Prime Minister Dmitry Medvedev said Russia would ban fruit, vegetables, meat, fish, milk and dairy imports from the United States, the European Union, Australia, Canada and Norway for one year starting immediately.
The move was aimed a punishing countries that imposed sanctions on Moscow for annexing Crimea and supporting rebels in eastern Ukraine.
But it looked likely to add to a raft of problems already besetting the Russian economy, and Moscow's main two share indexes extended Wednesday's sharp falls while benchmark government bond yields hit their highest since 2009.
Despite an economic slowdown expected by analysts in a Reuters poll to produce growth of just 0.3 percent this year, the central bank has already hiked interest rates three times in recent months in an attempt to rein in high inflation.
Concerns the ban on Western foods would put further upward pressure on domestic prices were reflected in the share price of leading Russian retailer Magnit, which fell 4.4 percent. Analysts warned that surging inflation could also undermine the basis of the central bank's monetary strategy.
"The ban on food imports ... calls for revisiting the short-term and medium-term inflation outlook, which has deteriorated significantly in recent months," Alfa Bank said in a note to clients.
It hiked its inflation prediction for 2015 to 8 percent - well above the central bank's target.
Medvedev said the food ban "wasn't an easy decision to take", but added that Russia would be able to meet its needs from local production except for milk and beef.
Liza Ermolenko, emerging market economist at Capital Economics in London, described the food ban as "nationalistic policymaking, away from markets and an open economy", adding: "The way things are going now it looks unlikely that the Russian economy is going to grow at all over the next few months."
The negative impact of higher inflation on consumer spending power also ate in to the share prices of financial stocks. They were already facing headwinds from Tuesday's government approval of a plan to use employees' pension fund contributions to plug budget holes for a second year running.
Alexander Baranov, deputy director at Pallada Asset Management, said that was the main factor weighing on markets.
Leading banks Sberbank and VTB were down sharply, falling 2.9 percent and 3.9 percent respectively. The banks were hurt by falling bond prices, which will impact their financial results, Baranov said.
Yields on Russia's ten-year treasury bonds reached 9.87 percent, the highest since late 2009 and a rise of 150 basis points since July.
That was a direct consequence of the government's decision on pensions, which meant the financial system would be short of funds needed to buy bond issues next year, said Baranov.
EXTENDING LOSSES
At 1320 GMT, the dollar-denominated RTS index was down 1.8 percent at 1,140 points, while its rouble-based peer MICEX traded 1.4 percent lower at 1,316 points.
This follows steep falls on Wednesday, when the RTS fell 2.6 percent and MICEX fell 1.7 percent, amid pessimism over the escalating East-West standoff on Ukraine, where fighting between government forces and separatist rebels is continuing.
"The domestic share market remains under selling pressure against the background of strengthening fears of investors regarding a new turn in geopolitical tensions," Promsyvazbank analyst Oleg Shagov said in a note.
The combination of a struggling economy, fiscal juggling and trade restrictions also risks generating fallout among Russian policymakers.
"We may see a total change in the priorities of the central bank and the loss of (its) independence," ING economist Dmitry Polevoy said.
A deputy economy minister, Sergei Belyakov, was sacked on Wednesday for criticising the pension funds decision on Facebook as "stupidity" and "damaging for the economy".
The rouble was initially little changed on Thursday, but subsequently joined the broad Russian sell-off as the day progressed.
The rouble was 0.5 pct weaker against the dollar at 36.36 and down 0.3 percent against the euro at 48.62. It fell 0.4 percent to 41.87 against the dollar-euro basket, its weakest level for three months.
Rossiysky Capital analyst Anastasia Sosnova said in a morning note that the increase in inflation expectations from the import ban would put additional pressure on the rouble.
ING's Polevoy said that food import bans could add around 1.5 percentage points to the annual inflation rate.
The central bank aims to reduce inflation to 4.5 percent in 2015. (Editing by Janet McBride and John Stonestreet)
The most desperate move ever. You going to make your countrymen suffer especially in the Winter on a move that doesnt affect the opposition but yourself. Putin just bow down already breh.
What has African Americans done for their own good????? Stop looking for a savior and as a group of people work together stop killing each other take back our community and create unity. The latinos are great at that and politicians know this.
So you like the way Latinos do things,... umm ok.
You believe all black people are looking for a savior.... alright.
And blacks have made madd progress , nothing was given and they've had to fight for that. And we still have a long way to but I asked you some specific questions...
Your response was interesting to say the least
So you like the way Latinos do things,... umm ok.
You believe all black people are looking for a savior.... alright.
And blacks have made madd progress , nothing was given and they've had to fight for that. And we still have a long way to but I asked you some specific questions...
Your response was interesting to say the least
You are right we made great progress after the relapse after desegregation. I believe we as a people always look to the outside for sources instead of taking control of our shyt. We use to do this back in the day but no anymore. Our priorities are too fukked up. Obama doesnt owe Black Americans anything fam. Just being president alone in this fukked up country should be enough.
You tell me what should he had done as president for African Americans that they couldnt do on their own.
Y'all were dissing another poster saying obama has done more than him...
I dont think his presence has help at all. I also believe that he should do all that he can do ... within the scopes of his position. I feel that ALL black men should do all that they can do , so why would I give that puppet a pass???
In about 30 other threads I make it clear how I feel about segregation and desegregation... lets just say I prefer the models we had in north Carolina, Florida, tusla. Etc.. im not really down w us integrating w mainstream cacmerica unless its for community profit
Have you not follow his career in Chicago he always had a hand in the community. He is the president of the United States not black people i just dont understand what you expect from him. He is not the character Jesus, he cant free all the brothas upstate who decided to poison their communities for a dollar knowing the consequences. What you are expecting from him is what you should expect from a community breh not a man. Your uncles, father, brothers, nephews. I just dont get it smh.
Putin hasnt done shyt for Russia but become a billionaire and making criminals richer in his country. Those people in that country are suffering.
AyahuascaSippin
Good Vibrations
if a politician spoke like this i would understand.. as their careers benefit from such a stance.. and although i dont condone murder as strongly as yourself.. this planet wont be any better until its rid of base instinct parasites like you and everything you stand for
Judge me base off my thoughts and my people who been destroyed for centuries while everyone else sat around and care less. Why should i protest and march for them when their are African Descendants there that getting treated horribly and is consider lower class
AyahuascaSippin
Good Vibrations
ok friend. carry on asking why should i instead of why shouldnt i, and acting like you speak on the behalf of a culture.. the venom you spout is learnt behaviour, no content person in life would hear your words without concern for your thought processes.. regardless you and napolean seem to be having a blast in this thread so by all means carry on..
Lol, ok.
And I expect the same from him that I do every black man. Im not gonna ask some other. nikka do to as much as me because everyone has different bandwidths. Obama it seeems is a typical politician, so basically a tool of white supremacy and western imperialism....
All im saying is that I wish that wasn't the reality about him.
He not the president of black people.... wow someone has brainwashed u with talking points smh. Well based on your logic he must be the president of gay people? Jews? Immigrants? ... is he the president of Israel?? Smh.
Putin has been horrible dictator at times.... but u can't say that many Russians don't love him and you can't say hes done nothing for them. That's a different system over there anyway. Plus his actions and comments dont usually affect black people so thats why black people don't go out of their way to hate on him... even if hes supposedly racist or whatever. Even if groups are doing for self.... we dont live in a world of complete anarchy, there are leaders.... and black people might be better off w a black man as unapologetic as Putin.. as opposed to a puppet bytch like obama.
I am not speaking hatred just getting tired of everyone acting like we should be involved in the conversation because as i stated before i will be treated like shyt probably even murdered in those countries. I have my own problems in this country being a black man and that is our problem trying to fit in or claim other groups of people. We have our own fukkin issues.
