What Are The Consequences? Who’s Making the Vaccines?
The source of the Russian vaccine announced by Putin is an institution called VEKTOR in Novosibirsk, Russia.
Vektor is financed by the Russian Direct Investment Fund, RDIF, a sovereign wealth fund. RDIF partners with Communist China and Saudi Arabia, two of the most notoriously corrupt anti-Christian governments on our planet, one of which is now well known to be an enemy of America and now Russia also. The other is, for some odd and suspicious reason, considered a U.S. ally. What do you think these countries feel about the welfare of the white Christian-culture people of Russia?
Why is the Russian President (along with other world leaders) seeking foreign investment partners for their countries’ sovereign wealth funds? Perhaps it’s thought to be a necessary arrangement when the people have no large scale investment money of their own, the long term result of brain drain after replacing loyal Romanov and other traditional Russian leading families with Jewish Bolshevik thugs.
Foreign investment is a frightening solution. In fact, not a solution at all, as I see it. ENEL proved the ease with which a minority foreign investor can become a controlling majority investor by purchasing shares on the open market. The conflict of interest is evident. Foreign investors have the advantage in purchasing stock of their own company when the Russian economy is in a slump. The worse off the Russian economy, the cheaper the stock prices at that moment. Chinese Communists investors can do the same.
Why is Putin pushing a sketchy vaccine on Russia rather than making HCQ available? A vaccine requires years of testing; where are the results and testing data?
What’s going on at the laboratories that manufacture vaccines in the same location where deadly diseases are stored? It’s all a big secret and we aren’t in on it. Thus we have the biggest problem with state owned businesses: treason, secrecy and corruption.
A press release photo was sent to Reuter’s, showing vials of vaccine that will supposedly protect against the coronavirus disease from which few people truthfully die (COVID-19). The press release published by Reuters states that this particular vaccine was developed by the Gamaleya National Research Institute of Epidemiology and Microbiology and the Russian Direct Investment Fund (RDIF), during its production at Binnopharm pharmaceutical company in Zelenograd near Moscow, Russia. The differs from the short report below published on August 7, 2020.
MOSCOW (Reuters) – “The clinical trial of a Russian COVID-19 vaccine being developed by the Siberian Vektor research centre is due to be completed in September, the RIA news agency cited Russia’s healthcare watchdog as saying on Friday.”
In the interview with Putin dated August 27, Putin states that the vaccine he promotes was developed by VEKTOR.
The Russian Direct Investment Fund (RDIF) and VEKTOR
The Russian Direct Investment Fund invests in Russian companies along with foreign investors as partners. This is quite the rabbit hole.
Published in MARKET NEWS JUNE 8, 2018 / 1:32 AM / 2 YEARS AGO
Russia and China to form $1 bln industrial investment fund
BEIJING, June 8 (Reuters) – The Russia-China Investment Fund (RCIF) and China Chengtong Holdings Group have agreed to establish a joint $1 billion industrial investment fund, RCIF said on Friday.”
The agreement was signed during Russian President Vladimir Putin’s visit to Beijing, but did he sign it or someone else? This is not clear. The idea was to allow Communist China to invest in the development of industrial, transport and tourism infrastructure in Russia. Can you imagine?
“RCIF is a joint venture between Russian Direct Investment Fund and China Investment Corp.”
One partner is China Chengtong Development Group Ltd., an investment holding company, which engages in Property Development, Property Investment, Finance Leasing, Bulk Commodity Trade, and Hotel and Marine.
I’ve written a few times about the difficulty that Americans have in visiting Russia as tourists, especially where Russian and American borders meet near Alaska.
Do the Russian people prefer to have Communist Chinese tourism and investment rather than American? I doubt it. Has anyone asked them? I doubt that also. Russia’s Far East governors, who have the most interest in facilitating American tourism in Russia, are notoriously “independent” from Moscow, to the point of treason.
The data that I found shows RDIF’s reserved capital under management at $10 billion in 2018. The price of oil and the economy of partner nations provide clues to the present state of profitability. It doesn’t look good for the foreign investors.
The Russian sovereign fund attracted over $40 billion of foreign capital into the Russian economy through “long-term “strategic” partnerships”. I’m not sure what the strategy is, considering that the numbers indicate Russia to be the minority partner in overall investment.
CEO of the Russian Direct Investment Fund – Kirill Dmitriev.
In the first year of its operation, RDIF acquired shares of Moscow Exchange MICEX-RTS and Enel Russia, a branch of an Italian energy company. Other investors are Chinese Communist Party controlled holding companies and Saudi Arabia. It’s difficult for me to understand how this benefits the Russian people or even how this contributes to their sovereignty.
On the surface, it all looks fine, but so do poison apples.
Enel Russia is the Russian power generation company notable for steps taken to improve air quality through advanced filtering devices and investment in a wind farm. ENEL RUSSIA is registered in Yekaterinburg; its headquarters are in Moscow. Controlling interest, 56% of the Company, belongs to the Italian Enel Group due to their later purchasing of shares in the open market.
In June 2012, RDIF and China Investment Corporation (CIC) established the Russian-Chinese Investment Fund. The floods and other problems in China directly or indirectly affect the Russian economy through sovereign wealth fund investment.
On 2 June 2016, President of the Russian Federation Vladimir Putin signed Federal Law on the Russian Direct Investment Fund changing the status of RDIF. According to the law, RDIF became the sovereign wealth fund of the Russian Federation. The Russian Federation includes Belarus and a number of Muslim countries, which were once Christian but are no longer. These are now mostly dictatorships. In fact, most member nations are not ethnically Russian.
Wikipedia provides the basics, with a bit of pro-Bolshevik disinformation.
“According to its Constitution, Russia is divided into 85 federal subjects (constituent units), 22 of which are “republics“. Most of the republics represent areas of non-Russian ethnicity, although there are several republics with Russian majority. The indigenous ethnic group of a republic that gives it its name is referred to as the “titular nationality“. Due to decades (in some cases centuries) of internal migration inside Russia, each nationality is not necessarily a majority of a republic’s population.”
“The republics were established in early Soviet Russia. On 15 November 1917, Vladimir Lenin issued the Declaration of the Rights of the Peoples of Russia, giving Russia’s minorities the right to self-determination. This declaration, however, was never truly meant to grant minorities the right to independence and was only used to garner support among minority groups for the fledgling Soviet state in the ensuing Russian Civil War.”
Lenin’s game plan was to give power to minorities, which meant at the time, the Jewish minority. The meaning of Bolshevik, as I see it, is precisely this minority victory over the greater number of people. This is the method of overriding the native majority population. We’re seeing the same strategy used worldwide today, for the same purpose of creating civil war infighting among the mixed population. The manipulation of minorities to foment war is the very definition of Bolshevism. Foreign investors in a sovereign wealth fund further dilutes the significance of native Russians in the economy.
“Russian sovereign wealth fund RDIF said on Thursday that its Saudi counterpart would become a new partner in the joint Russia-China Investment Fund.
Under the deal, Riyadh’s Public Investment Fund (PIF) will contribute $500 million to what becomes the Russian-Chinese-Saudi investment fund, raising its total capital under management to $2.5 billion, RDIF said in a statement.“
12. Mari El
15. North Ossetia–Alania
The low price of oil then directly affects the profits of the RDIF, which partially provides for the bureaucracy and all pensions, as I understand it at this point. High oil and gas prices are good for the RDIF profits but not directly beneficial for people who don’t receive a government salary or handout. It’s a curious economic situation for the Russians because the sovereign wealth fund ends up competing with private Russian investors.
High profits during good times can create a pile of cash for give-away purposes in the Russian Federation through high oil prices, and a good economy in China and Saudi Arabia. The oil and gas profits provide support for the people but also becomes give-away money for politicians to garner votes and for public projects that provide potential skimming opportunities for corrupt officials. This has the unfortunate side effect of depressing free enterprise because the government is incentivized to seek high fuel prices, which adversely affects regular people and small businesses, especially in transportation and manufacturing.
It’s no surprise then that the Russian economy has been stagnant. With oil below $50 a barrel, the stagnation is worse. Another problem with foreign investors is that they bring their profits elsewhere which drains cash flow from the Russian people. The same is true whenever immigrants anywhere send profits back to their native lands.
Low oil prices could provide an opportunity to support free enterprise and small businesses startups if entrepreneurs were provided with support. Price per barrel recently hovered around $45, very low.
Today, oilprice.com headlines:
Chinese And Saudi Oil Giants Book Mammoth Losses
By Alex Kimani – Aug 31, 2020, 5:00 PM CDT
“Saudi and Chinese oil and gas giants have been booking massive losses, too, proving that Covid-19 is a pandemic of equal opportunity.
In the first half of 2020, Saudi oil revenue plummeted by 42.6 percent year-on-year to SAR 224.73 billion ($60.68B), compared to SAR 391.3 billion ($105.65B) for last year’s corresponding period. April and May recorded the biggest revenue slumps at 65.4 percent and 66.1 percent, respectively, to SAR 24 billion ($6.48B) and SAR 23.87 billion ($6.44B), respectively.
Net profit at Saudi Aramco (ARMCO) slumped 73 percent to 24.6B riyals ($6.57B) in Q2 vs. estimates of 31.3B riyals. But unlike BP Plc. (NYSE:BP) and Royal Dutch Shell (NYSE:RDS.A), which cut their dividends in recent months, the majority state-owned company maintained its Q2 dividend of $18.75B. Aramco plans to cut 2020 capex to a range of $20-$25B in 2020 in order to pay the$75B dividend it pledged to investors during its IPO.
China–the world’s largest oil importer– has been importing less from Saudi Arabia as it boosts imports from the U.S., ostensibly in a bid to fulfill its obligations for the January trade deal.”
Give-away programs don’t necessarily improve the overall economy, but in practice tend to distort the economy by nurturing and emboldening the bureaucracy in charge of giving away the money, which further burdens the economy.
Nurturance of private free enterprise has become a forgotten concept in many places, including America. With government monopolizing the cash, business focuses on finding ways to get government handouts. Bribery and fraud result, and this is what distorts an economy. Once the distortion sets in, it tends to worsen because some entrepreneurs don’t have access to the handouts. The bribers and defrauders gain power. Innovative small businesses disappear, often robbed of their innovations. Foreign investment in sovereign nations certainly undermines the ability of native born citizens to compete in the market. In other words, it undermines their sovereignty.
When a Sovereign Wealth Fund Undermines A Nation’s Sovereignty
“One of China’s sovereign wealth funds, RCIF was established in 2012. “The initial seed capital of US$2 billion was funded in equal part by the China Investment Corporation, the sovereign wealth fund of China, and the Russian Direct Investment Fund, the sovereign wealth fund of Russia.”
“In October 2018, the RCIF became trilateral with Public Investment Fund, the sovereign wealth fund of Saudi Arabia, contributing US$500 million to the RCIF, raising total capital to US$2.5 billion. The fund continues to seek contributions from new investors.” (Wikipedia)
This is odd, because what’s created here is a globalist enterprise, exactly what Putin publicly spoke out against. Was this a simple misunderstanding of economics and wishful thinking, was it party politics, did Putin sign the agreements or was it someone else?
Russian Sovereign Wealth Fund investment in China includes China–Russia border infrastructure projects and Chinese firms trading with Russia in technology and services.
Other China-Russia investment funds have been funded or implemented with the contribution of the Chinese RCIF. Keep this in mind when you hear from the news media that Trump has sanctioned “Russian” companies, even while the militaries of Russia and America quietly cooperate. This isn’t talked about in the media, and in fact certain branches of the US Military make cryptic jokes about it on their Twitter feeds. It’s a curious situation. My conclusion, from comments I’ve heard here and there and personally obtained information, is that Russia has hired retired US bomber pilots to train their bomber pilots.
“In 2017, China Development Bank, a Chinese Communist Party bank and the Russian Direct Investment Fund announced plans to establish a China-Russia RMB Investment Cooperation Fund…
The Russian sovereign fund, RDIF chose to implement its part of the joint fund through the Chinese RCIF while CDB used its subsidiary China Development Bank Capital for implementation. The goal behind the fund was to make investments of 68 billion yuan in Russian and Chinese projects including the Belt and Road Initiative and to simplify mutual investment. In 2018, during Russian President Vladimir Putin‘s visit to Beijing, Russia-China Investment Fund (RCIF) and China Chengtong Holdings Group announced agreement to establish a US$1 billion “industrial investment fund”.”
China Chengtong Holdings
IH Ratings report published in 2018 cite macroeconomic slowdown as a concern in regards to Chengtong Holding’s ability to repay bond holders. It appears to me that these enormous investment funds create the very macroeconomic stagnation that prevents them from repaying bond investors. Their mission of increasing profits through monopolistic supply chain control results in lopsided wealth distribution that impoverishes the people, undermining the customer base and its ability to purchase the products and services that these wannabe monopolies sell.
Chengtong Holdings Group “has the largest and most widely distributed logistics, container transportation and metal distribution networks in China, covering services like warehousing, delivery and information provision. It has forged ahead with modern logistics business transformation, broadening the outlook for business development. After acquiring a 45.81% of state-owned stake in CTS International Logistics in 2017, Chengtong Holdings Group became the indirect controlling shareholder of the logistics firm.”
“In the future, synergies are expected to arise from integration of CTS International Logistics’ assets and the Company’s logistics and commodity trade businesses.”
The key word is “synergies”, which is the precursor to a monopoly not just in one business sector but in the entire supply chain. The enormous buying power of a sovereign wealth fund can effectively eliminate all small enterprises in the supply chain. While this is supposed to increase profits, it actually only impoverishes and wage enslaves the customer base, resulting in stagnation and ultimately the inability to pay dividends to share holders.
This is the investor advisory from 2018:
“Due to the slowdown in macroeconomic growth and fluctuations in commodity prices, profitability of businesses operated by the Company [Chengtong] as the controlling shareholder has weakened, and working capital has been tied up by large amounts of accounts receivable and inventories, exposing the Company to bad-debt and price cut risks.
The situation is much worse today with the devastation caused by weather, bogus lock downs worldwide and political aggression of the CCP toward its neighbors, including Russia. China, supposedly Russia’s business partner, is now openly claiming that Vladivostok is theirs. Vladivostok is a major Russian tourist destination for Asians. This port in the Russian Far East is the Northernmost trade connection to California, Alaska and Latin America. Northern sea trade routes make Vladivostok accessible to Northern Europe as well, a seasonal shortcut that bypasses the South China Sea.
What isn’t mentioned in these investment reports, but we all know, is that government is prone to treason, infiltration, corruption and secrecy, and this in fact has been the main threat to bond holders involved in sovereign funds.
“As a shareholding platform, the parent company’s assets and capital are limited, and its capital operations are heavily reliant on external funding, meaning that the parent company is under considerable debt burdens.”
If the companies held by sovereign wealth funds aren’t paying dividends then what’s the point? Perhaps there are jobs, but ultimately the economy is stagnant at best, drained at worst. These large pools of cash seem to be as counterproductive as the Three Gorges Dam, and as dangerous.
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