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Vladimir Putin
04/08/2022
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By Kevin Hughes
UK unable to pay for Russian gas after imposing sanctions on Russia’s Gazprombank
The United Kingdom is now unable to pay for Russian gas after President Vladimir Putin’s order that this commodity must be paid for in rubles. It is the consequence of enforcing sanctions on Russia’s Gazprombank, through which payments for Russian natural gas are made. Foreign currencies can be changed to rubles on the Moscow Exchange for Gazprom customers, but […]
04/05/2022
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By News Editors
President Putin’s full remarks at the oil for ruble announcement
Today I have signed an Executive Order that establishes the rules for trade in Russian natural gas with so-called unfriendly states. We offer counterparties from such countries a clear and transparent scheme. To purchase Russian natural gas, they must open ruble accounts in Russian banks. It is from these accounts that payment will be made […]
04/04/2022
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By News Editors
‘Rublegas:’ the world’s new resource-based reserve currency
Saddam, Gaddafi, Iran, Venezuela – they all tried but couldn’t do it. But Russia is on a different level altogether. (Article by Pepe Escobar republished from TheCradle.co) The beauty of the game-changing, gas-for-rubles, geoeconomic jujitsu applied by Moscow is its stark simplicity. Russian President Vladimir Putin’s presidential decree on new payment terms for energy products, predictably, was […]
04/01/2022
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By Ethan Huff
If buyers won’t pay for gas exports in rubles, Putin will HALT the pipelines
In an urgent March 31 announcement, Russian President Vladimir Putin warned the West that if payments for energy exports are not made in rubles, those exports will be halted effective April 1. Since NATO sanctions do not allow Russia to use dollars or euros, there is no use accepting these currencies as payment for Russian […]
03/29/2022
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By Kevin Hughes
Filmmaker Gonzalo Lira: US is committing suicide with its economic sanctions on Russia
Filmmaker Gonzalo Lira thinks the United States is committing suicide when it imposed economic sanctions on Russia. “The United States is committing suicide. And it’s about to embark on a war with China. You don’t see it yet. But it’s there, it’s already happening,” the American novelist said. Lira said people are now going through some […]
03/15/2022
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By News Editors
Catastrophic Inflation: “I’ve never seen prices jump this high, this fast”
This is what the early chapters of an inflationary meltdown look like. Last week, we were informed that “consumer prices were 7.9% higher in February than a year ago”, and that was being touted as the highest figure “in 40 years”. Of course those that follow my website on a regular basis already know that the reality […]
03/11/2022
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By Mary Villareal
Russian Deputy PM: Rejection of Russian oil would lead to catastrophic consequences for global market
The United States and its allies have announced sanctions on a number of Russian sectors, including banning oil imports over its invasion of Ukraine. However, Russia is not backing down. Russia retaliated by threatening to close a major gas pipeline to Germany. Russian Deputy Prime Minister Alexander Novak said in a state television address that rejection […]
03/10/2022
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By Kevin Hughes
Oil prices soar as Russian sanctions stir supply chain concerns
The decision of the United States and Britain to stop Russian oil imports is expected to interrupt even further the global energy market with Russia being the second-largest exporter of crude. Oil prices settled down at four percent higher on Tuesday, March 8, but these have soared to more than 30 percent after Russia invaded Ukraine. […]
03/10/2022
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By Kevin Hughes
Biden declares US ban on Russian oil imports in response to Putin’s Ukraine invasion
President Joe Biden declared on Tuesday, March 8, the United States will ban imports of Russian oil as part of the international response to Russia’s invasion of Ukraine. Western-allied countries are working to cut off Russia from the global economy to penalize Russian President Vladimir Putin for his aggression. “Today I am announcing the United States is targeting the main artery […]
03/07/2022
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By JD Heyes
France declares “all-out economic and financial war on Russia” before backtracking because Moscow controls European energy flows
While the doddering Joe Biden and his hapless regime of foreign policy amateurs struggle to deal with Russia’s aggression against Ukraine, the country where son Hunter Biden made so much money, other Western nations are taking definitive action, and that includes France. Or so it was thought. Turns out the bluster wasn’t such a good […]
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