Jpmorgan Emerging Europe... Share Discussion Threads

[loganair] 24/5/2025 08:41:23

Over the past few weeks the USD/RUB exchange rate has traded in a tight band of between 79rub to 81rub to the USD.

[mattjos] 17/5/2025 23:17:32

somewhat coincidental that the worst two economies in Western Europe are France and the UK ... leaders of which are both the most determined to keep the war going no matter what. Starmer & Macron both in dire need of something to distract their respective electorate and transfer blame for their own disastrous govts.

[mattjos] 17/5/2025 23:17:32

somewhat coincidental that the worst two economies in Western Europe are France and the UK ... leaders of which are both the most determined to keep the war going no matter what. Starmer & Macron both in dire need of something to distract their respective electorate and transfer blame for their own disastrous govts.

[loganair] 17/5/2025 13:11:33

The next round of talks is expected to be in around 3 months time when Russia's hand will be even stronger and Ukraine's weaker.

[bitgold] 17/5/2025 11:51:20

I believe you're right, Loganair. Lots of references this past week to Sweden's incursion into the area in 1709 and the battle of Poltava.

[loganair] 16/5/2025 22:13:22

During the talks Russia told the Ukrainians if they do not immediately pull out their troops from the 4 Oblasts then Russia will take under control a 5th Oblast which I could see being the Sumy Oblast.

[bitgold] 16/5/2025 15:26:33

Starmer, Macron and Merz are a disaster. It'd be comedic how they constantly walk around touching each other, which I assume they learnt off some power course, or the "talcum powder" incident, if not for how they are responsible for thousands of deaths and stealing our savings. This news has had no effect on the JEMA share price, so was clearly priced in. I worry it's all buying time for the EU to go full scale on military intervention.

[mattjos] 16/5/2025 15:17:18

pretty much spot on logan

[loganair] 16/5/2025 15:06:31

The talks in Turkey between Russia and the Ukraine have collapsed after only a couple of hours with the Ukrainians saying "Russia's demands were "detached from reality."

It's the other way round, as it's the Russians who are winning on the battlefield, it's the Ukrainians who are detached from reality.

The talks probably went something like this:

Russia - Ukraine agree that Crimea and the 4 Oblasts are Russian, then immediate ceasefire.

Ukraine - Immediate unconditional ceasefire to give the Russians a chance to withdraw their troops to the 1991 boarders.

Russia - Unless you agree to our terms now, next time we sit down it will be for 8 oblasts and Crimea.


It seems to me it was Starmer, Macron and Merz who have undermined the latest talks between the Ukraine and Russia in the same way Boris Johnson undermined the talks between the two parties in Spring 2022.

Merz wants to keep the conflict going in order to get his €1 trillion rearmament debt package through, Macron who is known in France as 'Little Napoleon' hopes that the Ukrainians will be able to smash the Russian army so they have to retreat back to the 1991 borders to allow the French to be able to march into Odessa, even if this means every single Ukrainian soldier has to be killed...as for Starmer, who knows???

I wish the EU and Britian could get it into their heads that now days they no longer world powers, they are completely 'Irrelevant' on the world stage.

[dil 21] 16/5/2025 09:59:13

We got inside toilets.

[loganair] 16/5/2025 08:59:54

Why would Putin ever want to march in and take over Europe?

Europe has nothing to offer Russia, except for Norway has no energy, has no base metal mines (no iron ore, no copper, no nickel etc). Europe only has liabilities to offer Russia, massive pension bill and a bloated welfare state.

[loganair] 15/5/2025 17:04:21

MBS said that in the next 5 to 10 years he wants Saudi Arabia to take over from Europe as a centre of importance.

Excluding Russia, Saudi Arabia make up 29.7% of JEMA followed by South Africa 27.1%, UAE 17.2% and Qatar 5% followed by Greece then Hungary.

[loganair] 14/5/2025 22:30:36

Interesting....

A few days ago Qatar gives Trump a free gift of the ex-Amiri B747, the Attorney General Pam Bondi (who happens to be a former lobbyist for Qatar) gives this the green light saying it's not improper and doesn't violate any U.S. laws.

Then only a few days later Qatar signs a deal with Boeing for $96 billion to acquire up to 210 American-made Boeing 787 Dreamliner and 777X aircraft.


What are the Qataris trying to influence Trump and the United States over?...To bend U.S. policy in its favour?

[loganair] 14/5/2025 18:10:56

Out of the original Western companies that were trading in Russia before February 2022, 2,321 are still fully operational in Russia, while 789 have temporarily curtailed operations while keeping return options open and 494 have sold their business/assets or its part of the business to a local partner and leaved the market or liquidated local entity(ies)

[loganair] 14/5/2025 18:05:32

The Kremlin is speculating on purchasing aircraft from US manufacturer Boeing and paying for them from the currently frozen funds in foreign accounts. This initiative follows reports that China has halted all aircraft deliveries from Boeing in the trade war with the US, and that Russia has reportedly asked Washington about a possible resumption of business relations between its airlines and Boeing.

[maxplus2] 14/5/2025 16:43:37

Briefly reached 270p in the afternoon and went back to 250p

[mattjos] 13/5/2025 20:22:38

you cannae believe the stuff in the FT or any other MSM outlet ... keep an eye on the actions of the company directors

[redhorse2020] 13/5/2025 18:51:53

Thanks Log. Let's hope that's a sign of things to come. Unfortunately there are also many reports of exactly the opposite happening. https://www.ft.com/content/51f31a69-cbdb-4efe-96c2-409fcbe0b24a

[loganair] 13/5/2025 18:13:28

Starbucks is reportedly exploring the possibility of re-entering the Russian market by acquiring the outlets now operating under the Stars Coffee brand.

The company, which pulled out of Russia in 2022, is said to have approached restaurant partners with inquiries about purchasing the business for approximately $270 million.

In 2022, as part of its exit from Russia, Starbucks sold its assets to Timati, a musician and entrepreneur, and Anton Pinsky, a restaurateur. The duo rebranded the coffee shops as Stars Coffee.

[loganair] 13/5/2025 18:10:18

President Putin signed Presidential Decree No. 176 of the Russian Federation transferring Ariston Holding N.V. back into the possession and full management of the shares of its Russian subsidiary back to Ariston, a move welcomed by Italy, which had been outraged by its seizure a year ago.

In April 2024, Moscow transferred 100% control of Ariston Thermo Rus, a company specializing in heating and hot water production equipment, to Gazprom Household Systems, a subsidiary of Russian state-owned energy giant Gazprom.

Ariston CEO Paolo Merloni, said he welcomed "the decision of the Russian authorities, which allows us to directly manage our subsidiary again," calling it "a sign of recognition for decades of investment and responsible management in the country."

Moscow hopes transfer of seized business back to Italian owner will show companies a path back into Russian market.

It comes as Russian officials, from members of parliament to Putin himself, have in recent weeks suggested that the government begin preparing for a return of foreign companies.

[redhorse2020] 13/5/2025 17:31:06

Interesting, I wasn't aware of that, good news for JEMA then. Out of interest, which western companies are readying themselves to return to Russia Log? Do you think there's any chance any of the ‘confiscated’ assets will be returned to them?

[loganair] 13/5/2025 16:24:05

A number of Western companies are already, readying themselves for a return to Russia, they'll need to buy the rouble to do so and it also seems reasonable to me there will be some relaxation in the sanctions, maybe the opening of the still one operational Nordstream 2 pipeline to Germany.