Wednesday, 11 April 2018

Why Russia is politically and militarily strong while being an economic dwarf

Last week I saw a surprising statistic: the GDP of Russia is of the same order of magnitude as the combined GDP of Belgium and the Netherlands. In 2017 Russian GDP was 1,469 billion dollars (according to the International Monetary Fund). Belgium had a GDP of 491 billion dollars and the Netherlands 824 billion dollars; together $ 1,315 billion. In GDP terms, Russia is only 12% larger than Belgium plus the Netherlands.
This perplexing statistic prompted me to ask why politically Russia weighs so much more in the world than Belgium and the Netherlands, while economically that country is hardly stronger than these two countries bordering the North Sea.
Before answering that question, first some other figures that illustrate how an economic lightweight Russia is. US GDP reached USD 19,362 billion in 2017. With GDP as a yardstick, the US is 13 times bigger than Russia. In the same way, other countries can be compared with Russia. China is economically 8 times larger than Russia; Germany 2.5 times more, France 1.8 more, and the European Union as a whole is 12 times bigger than Russia.
The economic size of a country is one of the most important factors that determines its military and political importance in the world. A large economy is needed to provide the means that gives the country military and political weight in the world. So it is clear: Russia is boxing above its economic weight on the international scene.
The fact that Russia means so little economically implies that the country must exert extraordinary efforts to create a strong military potential. In 2017, Russian military spending  amounted to 61 billion dollars (according to the International Institute of Strategic Studies). The US spent nearly 10 times more, namely $ 603 billion. China spent $ 151 billion on defense. France and Germany together spent 90 billion dollars on defense, 50% more than Russia. And yet all these countries spent a much smaller proportion of their GDP on the military than Russia.
Russia is not a major player in the field of military spending. To have a certain military weight, that country must reserve a much larger share of its GDP for defense than the other countries. To mean something militarily, Russia has to put a heavy burden on its own economy.
I come back to my question: why is it that Russia, which economically is a lightweight, has such an importance politically and militarily? Here is an attempt to answer that question.
First there is the fact that, at the time of the Soviet empire, Russia built up a nuclear arsenal that, together with the USA, gives this country a unique position in the world. This is the position of "Mutually Assured Destruction" (MAD). This means that the country has the capacity to completely destroy the opponent in the event of a nuclear attack on its own territory. No other nuclear power (outside the US) has that capacity today. As long as Russia has such a terrible MAD capacity, it will be politically heavier than its GDP suggests.
Russia is also an important supplier of raw materials, including oil and gas. This gives the country a political lever with regard to Western Europe. It is possible by turning the tap (or threatening to do so) to exert pressure on a number of European countries. However, that effect should not be overestimated. Russia also knows that the use of this weapon will in time encourage European countries to find other sources of supply. The power of Russia is limited in this domain because the country does not have a monopoly in oil and gas.
Finally, and that is my most important point, Russia is powerful because Europe grants that power to Russia. Europe has built up an economic union but not a defense union. The European Union is economically 12 times larger than Russia; A huge potential power. However, this economic power is not converted into military and political power because defense has remained a national matter. By merging their military capabilities, it would be possible for France and Germany to build a credible defense against Russian threats, without having to spend more. The combined military spending of such a Franco-German defense union would be 50% higher than Russian military spending. Enough to offer a counterweight to a Russian dictator whose political and military ambitions in Europe remain unknown.

"Si vis pacem, para bellum" said the Romans. If you want peace, you should prepare the war. Translated to the European situation of today this means that Europe should build a credible defense union. This by itself would reduce the military and political power of Russia.

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  2. You are doing the comparison in nominal numbers, when it has to be done on purchasing power parity. Russian GDP corrected by PPP is about the same size as Germany's. Just one illustration of the necessity of doing the comparisons in this manner, is the fact that the wages are multiple times higher in the West by dollar denominations. The average wage in the US is for example some 6-7 times higher, so the US needs a 6 to 7 times higher military budget (in dollar terms) just to hire the same number of soldiers, engineers, mechanics etc. as Russia.

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  3. The author forgot that Soviet Union was the second economic power of the world until 1990. He also forgot that Soviet Union, mainly Russia, was looted of $2 trillion after 1990, and encountered a forced stagnation of more than 10 years. The same situation was encountered by the rest of Eastern Europe that was looted or lost on purpose another $2 trillion.
    On the other hand Russia was forced to defend itself and to spend after 2000 significant amounts on re-arming and modernization.
    What about sanctions and their role?
    How unfair could be this article!

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    This is to inform the public that Ms. mercy, personal loan lenders financial opportunity for those who need financial assistance. We provide loan interest rate by 2% for individuals, businesses and corporations in accordance with the terms that are clear and easy to understand. contact us today via email: This is to inform the public that Ms. mercy, personal loan lenders financial opportunity for those who need financial assistance. We provide loan interest rate by 2% for individuals, businesses and corporations in accordance with the terms that are clear and easy to understand. contact us today via email: johnleemill12345@gmail.com

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  33. xmas loan

    This is to inform the public that Ms. mercy, personal loan lenders financial opportunity for those who need financial assistance. We provide loan interest rate by 2% for individuals, businesses and corporations in accordance with the terms that are clear and easy to understand. contact us today via email: This is to inform the public that Ms. mercy, personal loan lenders financial opportunity for those who need financial assistance. We provide loan interest rate by 2% for individuals, businesses and corporations in accordance with the terms that are clear and easy to understand. contact us today via email: johnleemill12345@gmail.com

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  34. Dear sir/madam;

    I'm Bradley Blake from IRELAND, working as Financial Consultant in UK.. Am in direct contact with an active and capable Provider of Bank Instruments(SBLC/FC BG & LC) we've close successful deals together since working over the years. Our SBLC/BG can be engaged in PPP Trading, Signature Projects, Petroleum, Oil & Gas, Business Funding, Aviation and MORE.. If interested, you can contact me through.

    inquiry contact

    Name: BRADLEY BLAKE

    E-mail: bradleyblakesfinancialfundsplc@gmail.com

    Skype ID: bradley blake

    for more details and our working procedure.

    Am direct the provider, Brokers are welcome with their clients.

    ReplyDelete

  35. We are direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease, our bank instrument can be engage in PPP Trading, Discounting, signature project (s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer or get involved in chauffer driven offers.

    We deliver with time and precision as sethforth in the agreement. Our terms and Conditions are reasonable, below is our instrument description.

    The procedure is very simple; the instrument will be reserved on euro clear to be verified by your bank, after verification an arrangement will be made for necessary bank documents and stock testing expenses, the cost of the Bank Guarantee will be paid after the delivery of the MT760,

    DESCRIPTION OF INSTRUMENTS:

    1. Instrument: Bank Guarantee (BG/SBLC) (Appendix A)
    2. Total Face Value: Eur 5M MIN and Eur 10B MAX (Ten Billion USD).
    3. Issuing Bank: HSBC Bank London, Credit Suisse and Deutsche Bank Frankfurt.
    4. Age: One Year, One Month
    5. Leasing Price: 6% of Face Value plus 2% commission fees to brokers.
    6. Delivery: Bank to Bank swift.
    7. Payment: MT-103 or MT760
    8. Hard Copy: Bonded Courier within 7 banking days.

    We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact me direct. wrightjames931@gmail.com

    Regards,
    Wright
    Skype;
    wrightjames931@gmail.com

    ReplyDelete
  36. Pure CBD Isolate Powder,

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  37. Cow/ Ox Gallstones available
    Specifications
    Cow /Ox Gallstones for sale (wholestone / brokenstone ratio is 80% / 20% )
    We are full time exporter of high quality natural ox gallstone.
    Our product obtained from disease free cattle.

    Functions: To clear heat and release toxins.
    To eliminate endogenous wind and stop convulsions. to resolve phlegm and promote resuscitation.If you wish to try out what we have,then we will be so much pleased to get your inquiry.

    Contact us on our direct email: (stevemendez84@gmail.com)

    ReplyDelete
  38. We are project funder with our cutting edge and group capital fund we can finance your signatory projects and help you to enhance your business plan, our financial instrument can be used for purchase of good from any manufacturer irrespective of location.  
    We can help facilitate the financial service bank instrument SBLC /BG, We remain the best financial consulting company with years of experience in the international and local finance market. 

    We have become the hallmark of excellent service in this industry with trusted and genuine FCA registered SBLC Providers who have truly succeeded in creating significant value for all clients and brokers involved in leasing or purchasing sblc.

    DESCRIPTION OF INSTRUMENT:
    1. Instrument: Bank Guarantee {BG} /StandBy Letter of Credit{SBLC} (Appendix A)2. Total Face Value: Eur/USD 1M{Minimum} to Eur/USD 10B{Maximum}3. Issuing Bank: AAA Rated Bank (Prime Bank).4. Age: One Year and One Day5. Leasing Price: 4% + 2%    Purchase Price : 32% + 2%6. Delivery: S.W.I.F.T MT-7607. Payment: MT103 (TT/WT)8. Hard Copy: Bonded Courier Service
    We specialize in Bank Guarantee lease and sales.
    Contact us for more details.
    Email  info.fpfpuk@gmail.com
    Name  davy George 

    ReplyDelete
  39. Are you INTERESTED in a genuine, fast, reliable LOANS with no hidden fees
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    Website: www.hispanicfinance.com

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  40. True Tetimony: Elok Cahyono
    elokycahyono@gmail.com
    from Balikpapan Indonesia
    Bank Rakyat Indonesia
    Rp150,000,000

    Email RIKA ANDERSON LOAN COMPANY on rikaandersonloancompany@gmail.com
    Whatsapp: +19147057484

    Good day and peace to RIKA ANDERSON LOAN COMPANY, my names are Elok Cahyono from Balikpapan Indonesia, please be careful in getting online loans, so many lending loans here are all fake and they are only here to cheat you with your small money.

    I applied for a loan of around 150 million and I was asked to pay the license fee and I paid, they still demanded, I paid about 3 jt still I didn't get a loan. Glory to God the Almighty who would not suffer me, I met a mother online Mrs. Amalia Amangku amaliaamangkurat@gmail.com and i also contacted mother Sharifah Isfahann on sharifahisfahann54@gmail.com who shared her testimony of how she only applied for a loan and got a loan without stress, so she introduced me to Mrs. RIKA ANDERSON LOAN COMPANY,

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  41. I will recommend anyone looking for Business loan to Le_Meridian they helped me with Four Million USD loan to startup my Quilting business and it's was fast When obtaining a loan from them it was surprising at how easy they were to work with. They can finance up to the amount of $500,000,000.000 (Five Hundred Million Dollars) in any region of the world as long as there 1.9% ROI can be guaranteed on the projects.The process was fast and secure. It was definitely a positive experience.Avoid scammers on here and contact Le_Meridian Funding Service On. lfdsloans@lemeridianfds.com / lfdsloans@outlook.com. WhatsApp...+ 19893943740. if you looking for business loan.

    ReplyDelete
  42. We are Ireland based major/Direct providers of Fresh Cut BG, SBLC, POF, MTN, Bonds and CDs and this financial instruments are specifically for lease and sale.We are one of the leading Financial instrument providers with offices all over Europe.
    we always deliver on time and precision as Set forth in the agreement. You are at liberty to engage our leased facilities into trade programs, project financing, Credit line enhancement, Corporate Loans (Business Start-up Loans or Business Expansion Loans), Equipment Procurement Loans (Industrial Equipment, Air crafts, Ships, etc.) as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the face value of the instrument needed, Our Terms and Conditions are reasonable.
    DESCRIPTION OF INSTRUMENTS:
    1. Instrument: Bank Guarantee (BG)/SBLC (Appendix A)
    2. Total Face Value: 10M MIN to 50B MAX USD or Euro
    3. Issuing Bank: HSBC, Deutsche Bank Frankfurt, UBS or any Top 25 .
    4. Age: One Year, One Day
    5. Leasing Price: 4+ 2%
    6. Sale Price: 32+2%
    7. Delivery by SWIFT .
    8. Payment: MT103-23
    9. Hard Copy: Bonded Courier within 7 banking days.
    If you have need for Corporate loans, International project funding, etc. or if you have a client that requires funding for his project or business, We are also affiliated with lenders who specialize on funding against financial instruments, such as BG, SBLC, POF or MTN, we fund 100% of the face value of the financial instrument.
    Inquiries from agents/ brokers/ intermediaries are also welcomed; do get back to us if you are interested in any of our services and for quality service.
    Name : Hilary Desmond
    E-mail : hilarydesmond77@gmail.com

    ReplyDelete
  43. i want to let the world know about Dr, Ojoka the Great spell caster that brought back my husband to me when i thought all hope was lost. Dr, Ojoka used his powerful spell to put a smile on my face by bringing back my man with his spell, at first i thought i was dreaming when my husband came back to me on his knees begging me to forgive him and accept him back and ever since then he loves me more than i ever expected so i made a vow to my self that i will let the World know about Dr, Ojoka because he is a God on earth. Do you have problems in your relationship ? have your partner broke up with you and you still love and want him back ? Do you have problem with your finance ? or do you need help of any kind then contact Dr, Ojoka today for i give you 100% guarantee that he will help you just as he helped me. Dr, Ojoka email is: dr.ojokaspelltemple@gmail.com OR dd him on whats app via: +2348144172934

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  44. Are you in financial crisis, looking for money to start your own business or to pay your bills? I got mine from Him. My blank ATM card can withdraw € 2,000 daily. I got it from Her last week and now I have €14,000 for free. The blank ATM withdraws money from any ATM machines and there is no name on it, it is not traceable and now i have money for business and enough money for me and my family to live on . *email: int.hackers002@gmail.com

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  45. CECI EST UNE OPPORTUNITÉ POUR TOUS.
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  46. My name is Paula Martínez and I would want to admonish anyone here that would listen to me to not use all of these Private Money Lender here, there are not legitimate and if they have a free email account tag i.e. yahoo, gmail, hotmail, live etc then they are not legitimate. If they have telephone number with international dialing codes from Nigeria, India, Singapore and France then you have to beware. A legitimate company would have a genuine website, personalized email address/account and based in the country they claim they are. I would recommend anyone looking a a serious/honest loan lender to visit: CUCINA FINANCE (UK) LIMITED with REG NO: 06305253 (https://suite.endole.co.uk/insight/company/06305253-cucina-finance-uk-limited) and their reputation speaks louder and commands respect than others in the industry when it come to obtaining all kinds of loan/finance, mortgage, trade finance, working capital, debt consolidation, project finance/loans, business loans and Real Estate Loans. Their full website information and contact details are Tel no: +44 (123) 388-5014, Whatsapp: +44 7425-381661, Website: https://cucinafinance.com or Email: finance@cucinafinance.com located in Ashford, Kent,. UK.

    ReplyDelete
  47. My name is Paula Martínez and I would want to admonish anyone here that would listen to me to not use all of these Private Money Lender here, there are not legitimate and if they have a free email account tag i.e. yahoo, gmail, hotmail, live etc then they are not legitimate. If they have telephone number with international dialing codes from Nigeria, India, Singapore and France then you have to beware. A legitimate company would have a genuine website, personalized email address/account and based in the country they claim they are. I would recommend anyone looking a a serious/honest loan lender to visit: CUCINA FINANCE (UK) LIMITED with REG NO: 06305253 (https://suite.endole.co.uk/insight/company/06305253-cucina-finance-uk-limited) and their reputation speaks louder and commands respect than others in the industry when it come to obtaining all kinds of loan/finance, mortgage, trade finance, working capital, debt consolidation, project finance/loans, business loans and Real Estate Loans. Their full website information and contact details are Tel no: +44 (123) 388-5014, Whatsapp: +44 7425-381661, Website: https://cucinafinance.com or Email: finance@cucinafinance.com located in Ashford, Kent,. UK.

    ReplyDelete
  48. After several rejections of my request by the banks, I profited from a loan of money on a company of loan between serious and fast reliable individuals. I know a formidable lady, quite honest and serious of the name Mrs. Helena Stastna who introduced me to Carrol Loan Company which later granted me the loan of $50,000.00 that I must refund in 10 years duration. With loan interest of 3% and margin of (2) Months before the repayment. I testify that I received the money last week without protocols and directly into my bank account. More, here is the E-mail:{infoloanfirm8@gmail.com}

    ReplyDelete
  49. We Facilitate Bank Guarantee (BG) & Standby Letter of Credit (SBLC) Instrument Direct Mandate Provider of Fresh Cut Bank Instrument for Lease/Purchase such as BG, SBLC, MTN.

    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected We are direct to a provider for BG /SBLC Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.

    Our BG/SBLC Financing can help you get your project funded, loan financing by providing you with yearly renewable leased bank instruments. We work directly with issuing bank lease providers, this Instrument can be monetized on your behalf for 100% funding: For further details contact us with the below information.

    email:kfaiztrippleainstrument.uk@gmail.com
    Skype: d65e4bb0261e5ece

    ReplyDelete
  50. My name is Mrs.Aisha Mohamed, am a Citizen Of Qatar.Have you been looking for a loan?Do you need an urgent personal loan or business loan?contact Dr James Eric Finance Home he help me with a loan of $42,000 some days ago after been scammed of $2,800 from a woman claiming to been a loan lender but i thank God today that i got my loan worth $42,000.Feel free to contact the company for a genuine financial service. Email:(financialserviceoffer876@gmail.com) call/whats-App Contact Number +918929509036

    ReplyDelete
  51. Dear Sir,

    We are direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease, our bank instrument can be engage in PPP Trading, Discounting, signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer or get involved in chauffeur driven offers.

    We deliver with time and precision as sethforth in the agreement. Our terms and Conditions are reasonable, below is our instrument description.

    The procedure is very simple; the instrument will be reserved on euro clear to be verified by your bank, after verification an arrangement will be made for necessary bank documents and stock testing expenses, the cost of the Bank Guarantee will be paid after the delivery of the MT760,
    Description OF INSTRUMENTS:

    1. Instrument: Bank Guarantee (BG/SBLC)
    2. Total Face Value: Eur/USD 5M MIN and Eur/USD 10B MAX (Ten Billion EURO/USD).
    3. Issuing Bank: HSBC Bank London, Barclay's bank London,Credit Suisse and Deutsche Bank Frankfurt.
    4. Age: One Year, One Month
    5. Leasing Price: 6% of Face Value plus 2% commission fees to brokers.
    6. Delivery: Bank to Bank swift.
    7. Payment: MT-103 or MT760
    8. Hard Copy: Bonded Courier within 7 banking days.

    We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact me.


    Regards,
    kelvin Bright
    Skype: kelvinbrigth84@gmail.com
    Email: kelvinbrigth84@gmail.com
    Phone/Whatsapp: +447546769978

    ReplyDelete
  52. Dear Sir,

    We are direct providers of Fresh Cut BG, SBLC and MTN which are specifically for lease, our bank instrument can be engage in PPP Trading, Discounting, signature project(s) such as Aviation, Agriculture, Petroleum, Telecommunication, construction of Dams, Bridges, Real Estate and all kind of projects. We do not have any broker chain in our offer or get involved in chauffeur driven offers.

    We deliver with time and precision as sethforth in the agreement. Our terms and Conditions are reasonable, below is our instrument description.

    The procedure is very simple; the instrument will be reserved on euro clear to be verified by your bank, after verification an arrangement will be made for necessary bank documents and stock testing expenses, the cost of the Bank Guarantee will be paid after the delivery of the MT760,
    Description OF INSTRUMENTS:

    1. Instrument: Bank Guarantee (BG/SBLC)
    2. Total Face Value: Eur/USD 5M MIN and Eur/USD 10B MAX (Ten Billion EURO/USD).
    3. Issuing Bank: HSBC Bank London, Barclay's bank London,Credit Suisse and Deutsche Bank Frankfurt.
    4. Age: One Year, One Month
    5. Leasing Price: 6% of Face Value plus 2% commission fees to brokers.
    6. Delivery: Bank to Bank swift.
    7. Payment: MT-103 or MT760
    8. Hard Copy: Bonded Courier within 7 banking days.

    We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact me.


    Regards,
    kelvin Bright
    Skype: kelvinbrigth84@gmail.com
    Email: kelvinbrigth84@gmail.com
    Phone/Whatsapp: +447546769978

    ReplyDelete
  53. We are project funder as well as financial lender. We have BG/SBLC specifically for BUY/LEASE at a leasing price of 4%+2% of face value Issuance by HSBC London and many other 25 top AA rated Bank in Europe, Middle East or USA. We also secure funding. Also We are into the provision of short term and long term business/personal loans for both small and large scale business funds.

    * FOR LEASING OF BG/SBLC
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M
    LEASING FEE = 4%+2%

    * FOR PURCHASE OF FRESH CUT BG/SBLC
    PRICE = 32%+2%
    MINIMUM FACE VALUE OF BG/SBLC = EUR/USD 1M

    Kindly contact us for our procedures and be sure that we shall respond within 48hrs maximum.

    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.
    Contact Name : Blaine Lorcan
    Contact Email: blainelorcan@gmail.com
    Skype:blainelorcan@gmail.com
    WhatsApp: +1(501)420-4128

    ReplyDelete
  54. We have a direct genuine provider for BG/SBLC specifically for lease, at leasing price of 4+2 of face value, Issuance by HSBC London/Hong Kong or any other AA rated Bank in Europe, Middle East or USA.

    Contact : Mr. DARREN C CHENG
    Email: Darrencraig002@gmail.com

    Intermediaries/Consultants/Brokers are welcome to bring their clients and are 100% protected. In complete confidence, we will work together for the benefits of all parties involved.

    All inquires to Mr. Darren should include the following minimum information so I can quickly address your needs:

    Complete contact information:
    What exactly do you need?
    How long do you need it for?
    Are you a principal borrower or a broker?

    Contact me for more details.

    Whatsapp: +19733700521

    ReplyDelete

  55. We are direct providers of Fresh Cut BG, SBLC, DTC IPIP, MT103/202 GPI CASH TRANSFER

    and MTN which are specifically for lease, our bank instrument can be engage in PPP

    Trading, Discounting, signature project (s) such as Aviation, Agriculture,

    Petroleum, Telecommunication, construction of Dams, Bridges, Real Estate and all

    kind of projects. We do not have any broker chain in our offer or get involved in

    chauffer driven offers.

    We deliver with time and precision as sethforth in the agreement. Our terms and

    Conditions are reasonable, below is our instrument description.

    The procedure is very simple; the instrument will be reserved on euro clear to be

    verified by your bank, after verification an arrangement will be made for necessary

    bank documents and stock testing expenses, the cost of the Bank Guarantee will be

    paid after the delivery of the MT760,

    DESCRIPTION OF INSTRUMENTS:

    1. Instrument: Bank Guarantee (BG/SBLC) (Appendix A)
    2. Total Face Value: Eur 5M MIN and Eur 10B MAX (Ten Billion USD).
    3. Issuing Bank: HSBC Bank London, Credit Suisse and Deutsche Bank Frankfurt.
    4. Age: One Year, One Month
    5. Leasing Price: 6% of Face Value plus 2% commission fees to brokers.
    6. Delivery: Bank to Bank swift.
    7. Payment: MT-103 or MT760
    8. Hard Copy: Bonded Courier within 7 banking days.

    We are ready to close leasing with any interested client in few banking days, if

    interested do not hesitate to contact me direct. Email: sweeneymich70@gmail.com

    Regards,
    Sweeney
    Skype:sweeneymich70@gmail.com
    Email:sweeneymich70@gmail.com
    We Offer Lease and Purchase BG,SBLC,DTC IPIP, MT103/202 GPI CASH TRANSFER AND MTN

    ReplyDelete
  56. We are major/Direct providers of Fresh Cut BG, SBLC, POF, MTN, Bonds and CDs and this financial instruments are specifically for lease and sale.We are one of the leading Financial instrument providers with offices all over Europe. 
    We are major/Direct providers of Fresh Cut BG, SBLC, POF, MTN, Bonds and CDs and this financial instruments are specifically for lease and sale.We are one of the leading Financial instrument providers with offices all over Europe. 
    we always deliver on time and precision as Set forth in the agreement. You are at liberty to engage our leased facilities into trade programs, project financing, Credit line enhancement, Corporate Loans (Business Start-up Loans or Business Expansion Loans), Equipment Procurement Loans (Industrial Equipment, Air crafts, Ships, etc.) as well as other financial instruments issued from AAA Rated bank such as HSBC Bank Hong Kong, HSBC Bank London, Deutsche Bank AG Frankfurt, Barclays Bank , Standard Chartered Bank and others on lease at the lowest available rates depending on the face value of the instrument needed, Our Terms and Conditions are reasonable. 

    DESCRIPTION OF INSTRUMENTS: 
    1. Instrument: Bank Guarantee (BG)/SBLC (Appendix A) 
    2. Total Face Value: 10M MIN to 50B MAX USD or Euro 
    3. Issuing Bank: HSBC, Deutsche Bank Frankfurt, UBS or any Top 25 . 
    4. Age: One Year, One Day 
    5. Leasing Price: 4 1% 
    6. Sale Price: 32 2% 
    7. Delivery by SWIFT . 
    8. Payment: MT103-23 
    9. Hard Copy: Bonded Courier within 7 banking days 

    We are ready to close leasing with any interested client in few banking days, if interested do not hesitate to contact me direct. 

    Name:May Gary 
    Email:algecoglobalfinanceplc@gmail.com 
    Skype::algecoglobalfinanceplc    
     

    ReplyDelete