Soviet Godfather

v5 Chapter 32: persuade

On the way back, Sergey Shah kept thinking about what happened in the department store today. The old comrade who came to report the problem was a retired bus driver in Moscow. I have worked hard to devote my whole life to this country, but when I get old, I can't rely on my pension to spend my old age. On the contrary, state cadres like Valery relied on the power in their own hands to make huge profits.

Sergei did not punish Valery, because he and Valery are of the same kind, and there is no problem with criticizing Valery on his own body. In addition, Valery is not a cadre in the system of the Ministry of Foreign Trade and Economic Cooperation, and Sergei cannot and does not want to punish him for ultra vires.

The old comrade’s affairs were left to Valery to deal with by himself, and Sergei believed that Valery would not be perfunctory for his own future. However, today's events suddenly made Sergey Sha feel a sense of guilt for this country.

Sergey Shah has been busy raising funds for the Japanese plan during this period. He asked Khodorkovsky and other cadres of the Communist Youth League to assist themselves in taking the foreign exchange of this country. Now think about it, this kind of behavior is harmful to the country. Over the years, most of the things Sergei has done are worthy of this country. Whether it was the Mutual Aid Association of the year or the later Workers’ Village, Seriosha also helped the local people while making a fortune. So why can’t Japan’s actions be done like this?

Thinking of this, Sergey Shah had a new idea, and he said to his driver: "Don't go back to the Ministry of Foreign Trade and Economic Cooperation, go to the Kremlin!"

The driver responded and quickly changed direction. Nasca, who was sitting next to Selesha, contacted the staff in Gorbachev’s office through the car phone and asked the general secretary if he had time. He was affirmed. After replying, Nastia told Sergei the reply that Gorbachev's office agreed to the meeting.

Sergei's car, Gil 41047, came all the way towards the Kremlin. After repeated inspections, Sergei finally met General Secretary Gorbachev.

"Sergey Sha, it's been a long time since I came here, why did you come here suddenly?" Gorbachev gave Sergey a big hug.

"General Secretary, I am here today to make an application to you. I hope that in the next few months, I can authorize any use of foreign exchange reserves of the Foreign Trade Bank!" Sergey Shah put forward his ideas straightforwardly.

"How do you start the foreign exchange idea, do you have any good plans to do?" Gorbachev asked with surprise and curiosity.

"The general secretary we are now exporting some resource products such as petroleum, coal and electrolytic aluminum, etc., in the international market, the prices continue to fall. If this situation is allowed to continue, our foreign exchange income will be even less, In consideration of this situation, I hope that our foreign trade bank can use part of the foreign exchange to speculate in the international futures market, and reduce our losses through hedging on futures and spot. If it is done properly, a lot of money is also very good. It's possible!" Xie Liaosha replied with firm eyes.

"Using foreign exchange reserves for hedging? What does it mean?" Gorbachev asked curiously.

"The General Secretary, simply speaking is to use part of the foreign exchange to control the price within a certain period of time. Take oil as an example. A considerable part of our exports are not long-term contracts, but some international traders come to buy them. The price we rely on is the price of crude oil in the New York or London market. If we can increase the price during the transaction, then we will get more income..." Sergey Shakan said.

"Is there any risk in doing this? In addition, how much foreign exchange is needed? You know Sergey Shah, our economic reform is just on the right track. The country is building everywhere, and there is an urgent need to import a lot of industrial equipment from abroad... "Gorbachev asked with some worry.

"General Secretary, please rest assured that all our actions are short-term actions, and we can use leverage to trade in the foreign exchange market. If there is a danger, I will immediately understand the position. But if we can maintain the price of oil futures , Then we can grasp the initiative of oil export!" Sergey Sha continued to explain that the reason why he really worked hard to promote this was not to keep the price of oil. At present, most of the oil in the Soviet Union is represented by Glencore. Because of the use of barter trade, it has actually lost its relevance to the US dollar. Instead, it is related to imported agricultural products such as grain. The real reason why Sergei wanted to use foreign exchange was actually to go long in the international currency market. UU reading www. uukanshu. com

"Sergey Sha, are you sure about this matter? It won't cause any major losses to the country? Also, do we lack relevant talents?" Gorbachev still asked with some worry.

"There are no such talents in China, but there are mature markets and service agencies abroad to help us handle this matter! As for me? General Secretary, I have sufficient confidence and preparation for this matter!" Xie Liao Shaxiang Gorbachev explained.

Sergei has made countless contributions to the country over the years, and Gorbachev is naturally very relieved of Sergei's ability. Now Sergey came to Gorbachev to seek the right to use foreign exchange. Gorbachev did not give too much consideration, and happily agreed to Sergey's request.

It was already seven or eight o'clock in the evening when Sergey Shah, who had gotten his wish, left the Kremlin. After discussing business matters, Gorbachev specially left Selesha to enjoy a Kremlin dinner. Sergey got into the car, and the driver headed towards Sergey's residence after inquiring about Sergey's next destination.

Sergei looked at the beautiful scenery around the Red Square outside the car window, feeling particularly refreshed. He has decided that this time the foreign exchange reserves of the Foreign Trade Bank will be used to implement the Japanese plan, and part of the proceeds will be handed over to the national treasury. Sergei did this mainly for his own conscience and also to repay Gorbachev's trust in him.

Sergei remembered what he encountered in the department store today. He said to Nasca: "Nasca, arrange for the Communist Youth League to establish a large-scale integrated market in every district of Moscow. Refer to the United States and In the European supermarket model, if prices continue to rise like this, how will the common people live?"