Russia's unjustifiable war of aggression in Ukraine

an liathroid beag

Full Member
The Ukraine conflict has become a steady proving ground for weapons, especially Javelin missiles and a variety of ineffective countermeasures. The defence industry must be watching with keen interest, as armoured vehicle production is under threat from the consistent success of much cheaper missiles that threaten to make armour obsolete. The sight of Houthis in Yemen using grass to burn Saudi-supplied Mine-Resistant Ambush Protected (MRAP) vehicles is another example that inexpensive and low-capacity pickups or technical vehicles may well be the future, unless an effective and inexpensive countermeasure accessory for armour is discovered.


Just analyze the frequent appearance of the new Russian army personnel vehicle, the transit van.
 
The recent decisions by McDonalds and Renault to exit the Russian Market are welcome and significant.

The French Government is the largest shareholder in Renault and is obviously influential.

Renault sold it's interest to the Russian Government (presumably at a very low price) but has a buy-back option for 6 years.

It will be very interesting to see the fine print in the Renault Deal as I suspect the buy back can be effected at or near the exit price. If so, the Balance Sheet will take a big hit but it would be far from a write off.

I don't particularly like Macron's approach and it looks as if he will look to normalise relations with Russia, at an early stage.

Mobil (the French Oil Giant) is not following Shell & BP in cutting ties with Russia.

The Kerry Group is alone as the only Irish PLC yet to exit Russia. It has decided to 'suspend' operations.

I contacted Kerry Group's Head of Investor Relations, William Lynch (investorrelations@kerry.ie) urging Kerry to exit in the short term. If Kerry's shameful conduct continues, then I'll be ensuing no Kerry Stock remains in my pension and I'll boycott it's products.

Anyone that cares about Ukraine's appalling suffering should take every step possible to pressure Russia.

Every Little Helps.
 

Former President George W. Bush: “The decision of one man to launch a wholly unjustified and brutal invasion of Iraq. I mean of Ukraine.”​

Former President George W. Bush: “The decision of one man to launch a wholly unjustified and brutal invasion of Iraq. I mean of Ukraine.”


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Former President George W. Bush: “The decision of one man to launch a wholly unjustified and brutal invasion of Iraq. I mean of Ukraine.”​

 

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