Roscosmos to only accept future payments in rubles
Shooting yourself in the foot: Dmitry Rogozin today announced that Russia’s space corporation Roscosmos — which controls its entire aerospace industry — will from now on only accept future payments in rubles for foreign companies and countries.
First, because of Russia’s unprovoked invasion of the Ukraine, Roscosmos no longer has much business outside of Russia. There are only a very tiny handful of foreign companies or countries left having contracts with Roscosmos, so this new rule won’t affect many.
Second, this order will guarantee that the last few will flee, and that there will be not any new foreign contracts to follow. The ruble these days is worthless. No one will want to buy rubles to pay Russia. And if they do, it will be a fake paper transaction created only seconds before payment, merely to meet the rule. Why should anyone bother, even China?
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Shooting yourself in the foot: Dmitry Rogozin today announced that Russia’s space corporation Roscosmos — which controls its entire aerospace industry — will from now on only accept future payments in rubles for foreign companies and countries.
First, because of Russia’s unprovoked invasion of the Ukraine, Roscosmos no longer has much business outside of Russia. There are only a very tiny handful of foreign companies or countries left having contracts with Roscosmos, so this new rule won’t affect many.
Second, this order will guarantee that the last few will flee, and that there will be not any new foreign contracts to follow. The ruble these days is worthless. No one will want to buy rubles to pay Russia. And if they do, it will be a fake paper transaction created only seconds before payment, merely to meet the rule. Why should anyone bother, even China?
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
Will they take Confederate?
They also only want to see gas in rubles.
https://www3.nhk.or.jp/nhkworld/en/news/20220324_06/
Actually, if we look at the reality, the Ruble is not at all worthless. It has dropped by about 25%. Since India, China and Saudiarabia have decided to trade with each other without using any dollars, and inflation is going hyper in the dollar, my recommendation to sell dollar and buy ruble, yuan, rupee. The Russians have energy and food. In the rest of Europe we have neither. Guess who is fup now!
This hard isolation of the West from the majority of the world economy was not a good idea. It will hurt us all very hard. And for what? Because we tried to force Ukraine to become a NATO member? Why was it so very important that Ukraine could not be a neutral country? Now millions of the poorest people will starve to death. Why did the NATO countries’ politicians insist on that? And they are all democratically elected, so the responsibility is on the voters, who now are to suffer hard themselves, because they failed to think when they made their decision.
LocalFulff got it backward: “we tried to force Ukraine to become a NATO member?”
Ukraine kept begging to join NATO and the member countries kept refusing, preventing Ukraine from being an ally of the west and the west from being Ukraine’s ally. What part of being in NATO would make Ukraine a neutral country, since the purpose of NATO is to oppose Russian expansion into NATO member countries? Even the European Union was refusing Ukrainian membership, but what part of EU membership is neutral?
With Russia being the aggressor and with it threatening to use nuclear weaponry, it is clear that Russia is the bully on that continent.
“inflation is going hyper in the dollar”
“Hyper” is an exaggeration, but it shows that the Democratic Party’s leftist policies are recognized by the rest of the world to be poor policies, causing problems, not solutions. If the world goes away from the dollar, that would be a result of leftist policies.
USA & Europe have demonstrated they will prevent anyone from using their currency whenever they’re in the mood.
So Russia is only being rational in rejecting dollars or euros.
Maybe the Dems will continue to treat SpaceX like they do Russia, so only the SLS is allowed to launch, and it explodes on first attempt, then NASA goes running back to Musk, and he says “F-U, get the Russians to help you.” for 8 trillion rubles or whatever they’ll demand.
I can dream.
David Parsons: Watch your language. Abbreviating curse words doesn’t work for me, it is as bad as saying them.
David, if I was Musk, my response after NASA comes hat-in-hand to me would be very simple.
“Tell your government bosses and busybodies to get their ideology-driven regulatory roadblocks out of my way, and I will launch your payloads for what will then be a reasonable price.”
This over-dependence upon China by the world economy was not a good idea. It will hurt us all very hard. And for what?
Edited for accuracy, LocalFluff. This is not so much a tragedy, as it is a wake-up call to the West to stop following the path of least resistance … right off the cliff … and instead rebuild our own capabilities. And just as important, move away from our own blind trust in authoritarian Answer Men, and back to respect for the responsible exercise of individual initiative that is the root of Western prosperity,
And China is as much or more likely to be hurt by being isolated from the world economy if it joins with Putin in support of totalitarian expansionism, They need us, more than we need them.
Really? With the exception of the Dragon, and I don’t think it is ready for man flight to the ISS; how will NASA astronauts get there? Another commenter mentioned they are demanding payments for oil and natural gas to be paid in their currency. If Saudi Arabia is going to go through with allowing the Chinese to pay for gas in their currency the reign of the “Petro Dollar” as the only reserve is coming to an end.
Mike: Three different Dragon capsules have already flown multiple times to ISS, carrying humans, beginning in 2020. NASA hasn’t needed the Russians to get to ISS since then.
I also expect Starliner to become operational by the end of this year, giving the U.S. two manned spacecraft for getting humans into space.
I think your very optimistic about Starliner.
sippin bourbon: Yeah, you could very easily be right. My instincts however are telling me that Boeing will finally get over the hump and launch a successful unmanned mission this year, followed by a manned mission.
Whether I would consider that capsule safe is another question.