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'People will revolt': Workers say Russia must save sanctions-hit Rusal
cnbc.com ^ | April 23, 2018 | Reuters

Posted on 04/23/2018 1:38:37 PM PDT by Berlin_Freeper

Workers at one of Russia's biggest aluminium smelters say their Siberian town is doomed unless Moscow mitigates U.S. sanctions against aluminium giant Rusal, a predicament mirrored across the company's sprawling operations.

Trapped by mortgages for apartments built on barren steppe under communism, residents of Sayanogorsk, one of a string of towns dominated by Rusal, have few options if a loss of customers for its aluminium leads the firm to cut jobs.

"The entire life of this city depends on Rusal," said Evgeny Ivanov, until recently a foreman at the plant in Sayanogorsk, where pockmarked asphalt recalls the harsh winters endured by its 60,000 inhabitants, and icy blue mountains line the horizon.

"If something were to happen to the factory, in my opinion the town would die out. There would be nothing left for people to do here," he said in one of the town's few cafes, explaining that the private firm he now works at also depends on the plant.

The Kremlin has said it is considering various ways to help Rusal after Washington blacklisted the company and its billionaire major shareholder Oleg Deripaska for suspected meddling in the 2016 U.S. election and other alleged "malign activity".

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Foreign Affairs; Russia
KEYWORDS: putin; trump

1 posted on 04/23/2018 1:38:37 PM PDT by Berlin_Freeper
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To: Berlin_Freeper

Average Russian is suffering due to Putin.


2 posted on 04/23/2018 1:41:16 PM PDT by rrrod (just an old guy with a gun in his pocket)
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To: rrrod

The question is, what is the alternative to Putin?

No guarantee that it wouldn’t be even worse.


3 posted on 04/23/2018 1:42:02 PM PDT by dfwgator
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To: Berlin_Freeper

“If something were to happen to the factory, in my opinion the town would die out. There would be nothing left for people to do here,”

Fine with me! Get rid of Pooty Poot and we’ll talk! Russia has been a $hit country for every one of my nearly 78 years. You can’t convince me it’s not a genetic problem.


4 posted on 04/23/2018 1:46:24 PM PDT by vette6387
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To: vette6387

The vikings usually took slaves but in Russia there were no people so they did a lot of inbreeding.


5 posted on 04/23/2018 1:48:52 PM PDT by Berlin_Freeper (Happy Nobama)
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To: Berlin_Freeper

Rusal is going to become a unitary state enterprise...


6 posted on 04/23/2018 1:50:42 PM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: Berlin_Freeper
Screw Russia. Not our friends for sure. Maybe they should think that communion not too good.
7 posted on 04/23/2018 1:51:17 PM PDT by Logical me
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To: dfwgator

True...and as we know there’s not many good ones. At one time, after the Soviet collapse, there was a slight chance for a good relationship.
I met several Russian biz types in Dubai, Bahrain and other places...all seemed to want good relations between the countries. All that is gone now. Maybe in a few generations


8 posted on 04/23/2018 1:52:58 PM PDT by rrrod (just an old guy with a gun in his pocket)
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To: Berlin_Freeper

The vikings usually took slaves ..


Which they sold to the muslims for gold and silver.


9 posted on 04/23/2018 2:12:40 PM PDT by PIF (They came for me and mine ... now it is your turn ...)
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To: rrrod

russian middle class has prospered nicely over last 15 years.

fact


10 posted on 04/23/2018 3:59:41 PM PDT by vooch (America First Drain the Swamp)
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To: vooch

Fact ...Russian youth are leaving because of zero opportunities. Nice try Boris.


11 posted on 04/23/2018 4:21:35 PM PDT by rrrod (just an old guy with a gun in his pocket)
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To: rrrod

rod,

rather obvious from your posts that you have some bizarre obsession with Russia. FYI - the cold war ended 28 years ago.

we won. we really won; honesty


12 posted on 04/23/2018 7:46:54 PM PDT by vooch (America First Drain the Swamp)
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