And so, it begins.
Putin Wants Hostile States to Pay Rubles for Gas, Interfax Says
Russia plans to demand ruble payments for natural gas purchases from European nations, deepening its standoff with the west and potentially aggravating Europe’s worst energy crunch since the 1970s.www.bloomberg.com
Brilliant, barbed, bitter, and well worth watching.Watch This Russian Journalist and Former Politician Predict the Outcome in Ukraine Back in April 2021
Aleksandr Nevzorov seemed to see exactly how things would play out. Why didn't Vladimir Putin?www.esquire.com
So it seems when you surround yourself with yes men you don’t always get the outcome you believed.
I’m tempted to make some US connections on that one but I won’t derail the thread.
If I remember correctly UK doesn’t get much gas from Russia, they should barely feel it. Germany, Spain, Italy etc will feel it.The UK has pledged to cease buying Russian gas by the end of this year. Germany is in the worse position as they get most of theirs from Russia. My gas bill is about to go up over a 100% from next week.
Like you, I am really curious. I see the negotiation happening because the EU badly needs gas and Russia badly needs Rubles (and one method to keep its value up).
Behind a paywall but l assume hostile states = anyone who doesn't support the bombing hospitals and schools.
Looking forward to the day someone drops a bunker buster on this piece of shit.
If they cave, the Russian POS wins. Next we'll see Orange POS back in charge 2024 and we'll be friends with Russia once again.And so, it begins.
Putin Wants Hostile States to Pay Rubles for Gas, Interfax Says
Russia plans to demand ruble payments for natural gas purchases from European nations, deepening its standoff with the west and potentially aggravating Europe’s worst energy crunch since the 1970s.www.bloomberg.com
I’ve heard a number of analysts suggest one way or another Russia is likely to cut off the gas supply to Europe. The reality is the world is dependent on oil, it’s just a shame Europe is so dependent on one country, in this case Russia.
If Russia wants rubbles, fine, pay them in rubbles. If they want to shut off the gas entirely, go ahead. But then the West and our allies should sanction the crap out of every single last import Russia. Crash their market further and let China buy up every last resource they have.
I’m not an economist but I’m not sure how much this will even help them. I don’t think this will help them repay their upcoming debt payments due in USD and Euros. Most western banks don’t want to touch the ruble right now. Changing the payment method is likely a breach of contract too.
I am so utterly disgusted by this. Honestly, what is the end game here? Ruling over a smoldering pile of ash and corpses? Or does he think he’ll win the hearts and minds of Ukrainians completely destroying everything they once knew?
The reality is the world is dependent on oil, it’s just a shame Europe is so dependent on one country, in this case Russia.
I am not too worried about Putler's new "pay in rubles" scheme. First of all, it's a bluff — he is just as desperate to sell as EU is desperate to buy. Second, by demanding one-sided contract changes, he is opening a can of worms. Third, price is set in USD/EUR in the contract, so I am sure that EUs economists can devise a scheme to respond to this nonsense in a proper way. And finally, if he indeed cuts gas/oil, I am fairly confident that any inhibitions EU leaders have for imposing stricter sanctions will disappear in an instant.
The German chancellor Olaf Scholz has rebuffed Vladimir Putin’s demand that “unfriendly countries” pay for Russian gas in rubles.....
...Scholz suggested this was unlikely to happen.
“We’ve looked at this to try to get an overview. What we have learned so far is that there are fixed contracts everywhere, which include the currency in which payments are made,” Scholz told reporters, according to Politico.
“And most of the time it says euro or dollar ... and that’s what counts then.”
Part of the reason that the Saudis are "giving us the finger" is that Biden has been refusing to talk to Prince MBS on the telephone. Instead he calls the King, much to the annoyance of the Prince who is more or less the de facto ruler of SAI also wonder if that is part of the reason Saudi Arabia is giving us the finger.....
I also wonder if that is part of the reason Saudi Arabia is giving us the finger, expecting new customers or increased demands. But the fact is, we could screw Saudi Arabia even harder than Russia and we’ve put up with their shit for way too long, including being the homeland of the 9/11 hijackers. They are way too dependent on Western money, culture, technology, and weapons. Trying to pivot to “made in China” would be a disaster. I dare them to try it and we should force them against the wall on it. They need to be reminded on who has been most responsible for protecting them and allowing them to stay in power.
I think Saudi Arabia is ignoring the US is because of the Biden Administration’s stance with the Iran Nuclear deal and lack of support with Yemen’s Civil war. It’s no secret the Biden Administration does not have the same level of cooperation than the previous one.
My thoughts exactly- this should not be too complicated though, the US is the only reason the Saudis have a military. If they’re not going to answer our phone calls, maybe we shouldn’t send them anymore weapons, related parts, or technical support?
We still get 20% of our oil from SA, so best not to get into an economic conflict with them.
It's an interesting split in the Republican party on this, who are normally hawks when it comes to this sort of policy, particularly when it includes Russia. But the radicals are so fixated with Putin that they're actually backing him, mostly the same people who supported January 6. Reagan is probably rolling over in his grave over this.
However, many also seem to be aligned against Russia so we can't pin on all of them. I like that Biden is cautious in his approach but don't like that everyone walks on eggshells to placate Putin when he's going out of his way to murder women, children and the sick.
Col. Gen. Mikhail Mizintsev said Thursday that Russia is offering to allow foreign vessels to gather in the Black Sea 20 miles (32 kilometers) southeast of the port of Illichivsk and then follow a 80-mile-long (129-kilometer-long) “humanitarian corridor” to safety. He added that the safe route will be open daily from 8 a.m. to 7 p.m. Moscow time (0500 to 1600 GMT) starting Friday.
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.