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Putin Tells Europe to Pay for Natural Gas in Rubles
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<blockquote data-quote="Semper-Fi" data-source="post: 76610378" data-attributes="member: 419834"><p>Putin Tells Europe to Pay for Natural Gas in Rubles</p><p><a href="https://www.voanews.com/a/putin-tells-europe-to-pay-for-natural-gas-in-rubles/6498771.html" target="_blank">Putin Tells Europe to Pay for Natural Gas in Rubles</a></p><p></p><p>President Vladimir Putin said Wednesday that Russia will only accept</p><p>payments in rubles for gas deliveries to "unfriendly countries,"</p><p>which include all EU members, after Moscow was hit by unprecedented</p><p>sanctions over Ukraine."</p><p></p><p>"It is clear that delivering our goods to the European Union, the United </p><p>States and receiving dollars, euros, other currencies no longer makes </p><p>sense to us," Putin said.</p><p>-</p><p></p><p>So Russian announced that gas sales to “unfriendly states”</p><p>would be settled only in rubles. This includes all EU</p><p>countries, the United States and others.</p><p></p><p>“By transferring over €600 million every day to Putin to pay</p><p>for our energy bill, we are also funding the war. We are paying</p><p>for the actions of a war criminal in Moscow. EU leaders can’t</p><p>avoid the energy question.”</p><p></p><p>Will Germany and others pay Russia in rubles? If Germany pays</p><p>Russia in rubles, it would further undermine the West’s sanctions.</p><p>-</p><p></p><p>Ruble Rising in the Face of Sanctions</p><p><a href="https://geopolitics.co/2022/03/18/ruble-rising-in-the-face-of-sanctions/" target="_blank">Ruble Rising in the Face of Sanctions</a></p><p></p><p>"The Russian ruble has been stabilizing against the US dollar...</p><p></p><p>China and Russia roll out new global financial system</p><p>The Eurasian Economic Community (Belarus, Kazakhstan, Kyrgyzstan,</p><p>Russia, Tajikistan + Armenia for certain provisions) and China will</p><p>create a new global economic and financial system, the foundations</p><p>of which they will set at the end of March 2022."</p><p></p><p>China, India and Russia are exploring an alternative to the U.S.</p><p>dominated swift payment system to bypass future American sanctions.</p><p>Many countries are doing away with the dollar, to bypass sanctions.</p><p>-</p><p></p><p>Will Saudi Arabia sell oil in Chinese yuan instead of US dollars?</p><p><a href="https://qz.com/2143450/saudi-arabia-wants-to-sell-its-oil-in-yuan-not-dollars/" target="_blank">Why it matters if Saudi Arabia sells oil in Chinese yuan instead of US dollars</a></p><p>-</p><p></p><p>More and more countries want to become less vulnerable to U.S.</p><p>sanctions, ushering in a global trading network independent of</p><p>the United States. Joe Biden announced, “[W]e are at an inflection</p><p>point, I believe, in the world economy. … There’s going to be a</p><p>new world order out there, and we’ve got to lead it.”</p><p></p><p>Will America be the one to lead this “new world order”?</p></blockquote><p></p>
[QUOTE="Semper-Fi, post: 76610378, member: 419834"] Putin Tells Europe to Pay for Natural Gas in Rubles [URL='https://www.voanews.com/a/putin-tells-europe-to-pay-for-natural-gas-in-rubles/6498771.html']Putin Tells Europe to Pay for Natural Gas in Rubles[/URL] President Vladimir Putin said Wednesday that Russia will only accept payments in rubles for gas deliveries to "unfriendly countries," which include all EU members, after Moscow was hit by unprecedented sanctions over Ukraine." "It is clear that delivering our goods to the European Union, the United States and receiving dollars, euros, other currencies no longer makes sense to us," Putin said. - So Russian announced that gas sales to “unfriendly states” would be settled only in rubles. This includes all EU countries, the United States and others. “By transferring over €600 million every day to Putin to pay for our energy bill, we are also funding the war. We are paying for the actions of a war criminal in Moscow. EU leaders can’t avoid the energy question.” Will Germany and others pay Russia in rubles? If Germany pays Russia in rubles, it would further undermine the West’s sanctions. - Ruble Rising in the Face of Sanctions [URL='https://geopolitics.co/2022/03/18/ruble-rising-in-the-face-of-sanctions/']Ruble Rising in the Face of Sanctions[/URL] "The Russian ruble has been stabilizing against the US dollar... China and Russia roll out new global financial system The Eurasian Economic Community (Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan + Armenia for certain provisions) and China will create a new global economic and financial system, the foundations of which they will set at the end of March 2022." China, India and Russia are exploring an alternative to the U.S. dominated swift payment system to bypass future American sanctions. Many countries are doing away with the dollar, to bypass sanctions. - Will Saudi Arabia sell oil in Chinese yuan instead of US dollars? [URL='https://qz.com/2143450/saudi-arabia-wants-to-sell-its-oil-in-yuan-not-dollars/']Why it matters if Saudi Arabia sells oil in Chinese yuan instead of US dollars[/URL] - More and more countries want to become less vulnerable to U.S. sanctions, ushering in a global trading network independent of the United States. Joe Biden announced, “[W]e are at an inflection point, I believe, in the world economy. … There’s going to be a new world order out there, and we’ve got to lead it.” Will America be the one to lead this “new world order”? [/QUOTE]
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