Photo: Nikolay Gyngazov/Global Look Rgege next year minimum wage (the minimum wage) should be compared with the cost of living. The job has given Vladimir Putin. The state Duma has promised to enact as soon as possible. Thus, the minimum wage equal to the subsistence minimum for the first time, although it has declared in recent years. Will this help in the fight against poverty? Details…
- China has sharply reduced import of waste from USA
- Expert: Tyumen reached the fourth place in Russia on volume of housing
- Average check of Russians during one trip to the store has exceeded 500 rubles
Go to a section…”Sevastopol should become the southern capital”Photo: Vasily Batanov/RIA “news”,”If you spend time on the constant scandals, public discussion, and to care in other planes other than work, then you have nothing useful happens” – said the newspaper VIEW, the newly elected Governor of Sevastopol Dmitry Ovsyannikov. In particular, he commented on the subject of previous disagreements with the team of his predecessor Alexey Chaly. Details…
- Moscow urged Washington to give the restriction of military contacts
- Clinton declared a “personal vendetta” Putin after NATO enlargement
- Pushkov compared the German magazine Focus with a newspaper of the Nazis
Go to a section…”to Turn Victory Park into a Museum not normal”Photos: spravka.sevas.com”Sevastopol has a glut, where virtually every square meter of the monuments. Residents even said that there are already enough” – said the newspaper VIEW Nadezhda Vinokurova, chief engineer of “Institute Novgorodgrazhdanproekt”, developed the project of reconstruction of Victory Park in Sevastopol. Details…
- Rocket “Soyuz-FG” was launched from the Baikonur cosmodrome with a manned spacecraft “Soyuz MS-06”
- In the movement “forty times Forty” did not agree with Govorukhin and Medina on “Matilda”
- Andrey Urgant commented on the quarrel of son with Solovyov
Go to a section…the United States remained a gap, a critically vulnerable to nuclear attackPhoto: Workman/WikipediaРассуждающие about the prospect of nuclear war between the US and the DPRK think in terms of a missile strike, the benefit is for the missiles, Pyongyang has bet. Meanwhile, it is obvious that such an attack is impossible. But it is theoretically possible the other is also nuclear and so devastating that America after he did not recover for a very long time. Details…
- North Korea has rejected a new UN security Council sanctions
- Volker suggested to resolve in court the question of citizenship Saakashvili
- In the district of Sagrada Familia declared anti-terrorist operation
Go to a section…”Arrow from Ivanteevka” was inspired by the American experiencePhoto: from the personal pages vk.com the alleged shooter”Ivanteevka is a very beautiful, prosperous city with good, proper social environment. We need to understand what pushed a young man to such actions,” – said the newspaper VIEW Duma Deputy from the Moscow region Sergei Zhigarev. A student opened fire in class, according to classmates, was different unsociable disposition, however, he did not hide his intentions, no one took the example. Details…
- The building of the Federation of Jewish communities in Moscow threw “Molotov cocktail”
- In Samara, an anesthesiologist was accused of raping patient
- In an accident with a drunk policeman in Moscow killed a motorcyclist
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Eduard Birov: Where did the “Orthodox LIH”
Media horror story “ISIL is terrorizing the Orthodox culture”, it seems, may be one of the main subjects of liberal propaganda in the new political season leading up to the elections of the President.
Details…Discussion: 23 comments
Andrew Schmidt: Why Russia is easy to do business
What we in Germany took years of painstaking work, managed to do in Russia for a few months at a comparable budget, and he’s always at the start of several thousand euros.
Details…Discussion: 15 comments
Yevgeny Satanovsky: the Arc of the armistice
What are the chances of eradicating the “Islamic state” as a tool of influence in the middle East the Sunni elites in the development of the situation in the Muslim world? The IG is not the structure, the aim of which was the establishment of a Caliphate.
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Online marathon “election Night – 2017”
Discussion: 7 comments
Putin held a plenary meeting of the Eastern economic forum
Putin held an open lesson “Russia looking into the future”
Discussion: 9 comments
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Defined “Miss America – 2018”
For the first time in the history of the contest “Miss America” winner was the representative of North Dakota. 23-year-old Kara Mundu is the USA champion, and six years ago was marked by Obama for his merits in the field of philanthropy. Local media and bloggers, however, the winner dubbed the “fatty”Details…Discussion: 21 review
“Irma” flooded Miami
The popular American resort of Miami in Southeast Florida, like many other cities of the coast of the Atlantic ocean, was almost flooded after a hurricane swept “Irma”. Only in the de-energized state of 3 million buildings evacuated nearly 6.5 million of itemattribute…
Musk first showed SpaceX space suit in full growth
Elon Musk in his blog posted photos of the new SpaceX space suit in full growth. Prior to that, he showed the helmet and upper part of the protective space suit. The man in the suit standing on the background of the ship Crew DragonПодробности…Discussion: 11 comments
Go to a section…For whom do you support in the conflict between Saakashvili and Poroshenko?
- I wish you success Saakashvili
- I wish success to Poroshenko
Alexey Chaly invited to make a Patriotic Sevastopol the capital of Russia. How do you feel about this idea?
- Patriotic capital should be another city
- Patriotic do not need the capital
Ramzan Kadyrov has expressed its disagreement with Russia’s position regarding Myanmar. Is it acceptable that the head of the Russian region publicly challenged the country’s foreign policy (which is not true to his official authority)?
- Yes, a politician can always defend its position publicly
- No, in this case, it’s insubordination
- All depends on the personality of the head region
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News of the HOUR:North Korea has rejected a new UN security Council sanctions
Medina said his “patience is full””Russian helicopter” was found in Kherson region Ukrainegorokhiv: Poklonskaya woke obscurantist siliporite of the Russian Federation demanded an apology from the German magazine for insults to Putinesque details of the draft resolution of Russia in the UN mission in Donbasskogo on behalf of Putin, met in Damascus with Bademantel Urgant commented on the quarrel of son with Solovevym-speaker explained his statement about the armless democraticpresident of the USA to Ukraine spoke about the fate of Saakashvilia announced the drop of relations with Russia at “lowest point”Mass “telephone terrorism” raises many вопросовApple introduced a new iPhone
The main theme
Russia prevents the United States to stifle the DPRK
Krasovskii and pubic hair got in a fight over the procession regarding “Matilda”
The U.S. explained the dissatisfaction with the purchase of a Turkey-400
China began to reject American trash
“breach of obligations”
EU puts Ukraine the conditions for the allocation of the next tranche
“we believe in democracy”
Clinton said the reasons “personal animosity” Putin to her
The welfare of the United States is impossible without money from the rest of the world
How would look like the scenario of a nuclear attack by the DPRK to the United States
Andrei Babitsky: In the boat of Ukrainian statehood punched a huge hole
“the great project”
Sergei Khudiyev education Reform in Ukraine indicates an important watershed
The scandal with the “Matilda”
Eduard Birov: the Root cause of the incident is obvious miss state
in your opinion
For whom do you support in the conflict between Saakashvili and Poroshenko?
The West helped Russia to turn East, Moscow and Seoul are able to bring Russian gas
“Nine bridges of cooperation”, wants to bring Russia South Korea. The desire is undoubtedly good, and trade ties between Seoul and Moscow could bring much money to both countries. Why until now, even the most attractive joint projects – for example, the construction of the pipeline – remain only on paper?
“We are ready to significantly step up cooperation with Russia and other countries of northeast Asia,” – said the President of South Korea, moon Jae-In, speaking at a meeting of the Eastern economic forum (WEF) in Vladivostok. The South Korean President suggested that Russia “put nine bridges of cooperation”. “Nine bridges is a bridge gas, railway, Northern sea route, ship-building, the creation of working groups, agriculture and other cooperation,” he said.
South Korea cannot be called a key trading partner of Russia. The peak trade volume between the two countries occurred in 2014, when he reached 27,31 billion dollars, but then decreased to 15.14 billion in 2016.
After the crisis of 2014 began to fall not only trade, but also the flow of South Korean investment in Russia. “Here is the main political component, and South Korea did not want to fall under the hand of the United States, for example,” says Anna Bodrova of Alpari.
However, this year the trade turnover between the countries began to grow again. Why? First, the Russian economy is beginning to recover. Secondly, with the deterioration of relations with North Korea its main neighbor South Korea, needs more allies, and Russia this role is well suited indicates Bodrov.
Interestingly, the trade balance with South Korea in Russia’s favor (67%). However, Russia exports to South Korea are mainly oil, gas and mineral oil, they account for 82.5% of total exports. The second largest section with a large gap is animal products (meat, fats, skins), it accounts for only 5.4% of all deliveries.
“It is obvious that South Korea is primarily interested in supplies of Russian fuel, which confirms at least the emphasis on the conclusion of the preliminary agreement concerning the supply of an additional 12 billion cubic meters of gas and extension of gas pipeline through North Korea to South Korea. If bridges will be nine, the main of them will be the gas”, – said Kirill Yakovenko from “ALOR Broker”. Earlier, on the sidelines of the WEF, the President of Russia Vladimir Putin said that at the moment, the issue about increasing purchases of liquefied natural gas in the framework of participation of South Korean companies in projects “Sakhalin-1” and “Sakhalin-2”.
It is important for Russia to stake its share in the highly attractive South Korean gas market. Last year South Korea imported 34,19 million tons of LNG, becoming the second in the world after Japan’s gas imports. In addition, the South Korean government expects to increase the share of natural gas from 18% to 37% by 2030. And from coal-fired power plants want to completely give up.
The Americans have managed to take a fancy to the South Korean market. This summer Donald trump signed an agreement to supply LNG from the US to South Korea at $ 25 billion over 20 years. However, while the Americans are competing in this market with Qatar and Australia. Russia could become a significant player in the market only after the development of their own LNG projects and, of course, in the case of construction of a gas pipeline to South Korea. About this project worth a special mention.
The construction of a gas pipeline from Russia to South Korea via the DPRK would be very beneficial for all participants. Russia is a new market, additional revenues and diversification of gas supplies. And, of course, increased political influence of Russia in the region. For South Korea, devoid of its own fields and forced to buy expensive LNG, which means access to cheaper pipeline gas. North Korea will be able to receive income for transit. This project would long ago have been realized, if not for political difficulties around North Korea.
“North Korea has become a big headache for the world community, so any projects involving the use of the territory of North Korea, are in limbo. To carry out the same pipeline that bypasses North Korea in Korea it is impossible simply because prices of such bypass. And
because of this inconvenient neighborhood Korea was in the area of political influence of the US and the EU, are in confrontation with Russia, which again hinders the implementation of several large-scale projects”,
– says Yakovenko.
A striking example of such stale projects are plans for South Korea to become the third member of the railway Khasan – Rajin, built a few years ago thanks to the investment of Russian Railways. Through the North Korean port of Rajin to Russia exports to China of coal. This project wanted to join and South Korea, because then she would be able to obtain Russian goods and send your much faster and cheaper.
However, the political circumstances associated with the anti-Russian sanctions and the North Korean nuclear program has frozen the participation of South Korea in this project.
In turn, from South Korea Russia gets mainly engineering products. “In the first half of Korea has put in Russia of machines and industrial equipment $ 1.2 billion, plus vehicles to $ 1.1 billion. These two categories form almost 70% of all Korean imports”, – said Yakovenko. Basically the Koreans are supplying the kits and spare parts for built in Russian factories. In addition, Russia has ordered on the Korean shipyard of 15 LNG carriers to transport LNG along the Northern sea route.
Moreover, the Minister for Far East development Alexander Galushka invited investors from South Korea to take part in the construction of fishing vessels and work in the fish processing sector. To attract Korean investors may be starting in Russia the program “quotas in exchange for investments”. Now, extraction of aquatic biological resources linked to the obligations for construction of fish processing plants or vessels in the Far East.
“To ignore such orders is simply impossible, and they will certainly affect the structure of trade in a better way,” says Yakovenko. Meanwhile, South Korea is approximately on 20-th place by volume of investments in Russia.
For its part, South Korea has expressed the desire to establish a free trade zone with the Eurasian economic community. “The difficulty is that
declared a lot of projects, for example in medicine, but they remain projects for the real touch points of our economy and very little Korean.
I think Koreans are worried about the vulnerability of private property in Russia”, – says Sergey Zvenigorodsky from UK “solid Management”.
That’s what Koreans are really interested is in the development of the Far East. “They have their own restricted area, but our foreign policy doctrine does not allow rental of these lands,” adds the source.
If the Koreans are primarily interested in projects in the field of energy and mining resources, Russia would be great to be involved, for example, in medical cooperation and high technology. Between the two countries runs the joint Committee, which develops these issues, but political formation of relations, it seems, here are more weight than economic, concludes Bodrov.
Seoul suggests economic bridges with Moscow mainly through memoranda and discussions. It is time to make concrete steps.