Countries deemed 'unfriendly' can continue to pay in foreign currency through a Russian bankPeople walk past a currency exchange office screen displaying the exchange rates of U.S. dollars and euros, as compared to Russian rubles, in downtown Moscow on Tuesday.The measure got a cautious reception from European leaders who insist payment will remain in euros and dollars and want to see the fine print of how the decree will be implemented.
"If these payments are not made, we will consider it a failure of the buyer to fulfil its obligations, with all the ensuing consequences," Putin said. "I think fundamentally this is just another indication of the dire straits that Russia's economy is in," Price told reporters at a regular press briefing, adding that it was up to European nations to determine their response.Putin's proposal has caused natural gas prices to gyrate and raised fears it could be a prelude to an interruption of supplies to Europe, which is heavily dependent on Russian natural gas and would struggle with a sudden cutoff.
The Ruble is Rubble. Printing presses will be working 24/7 to keep up with demand, given exchange rates. mfa_russia MedvedevRussiaE GovernmentRF Dpol_un KremlinRussia_E
Now tell people why this completely bones europe and threatens the petrodollar and western hegemony.
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U.S. to release extra 1 million barrels of oil a day from strategic reserves to battle high prices — and Putin | CBC NewsU.S. President Joe Biden is ordering the release of one million barrels of oil per day from the nation's strategic petroleum reserve for six months, in a bid to control skyrocketing energy prices and put further pressure on Russia to halt its invasion of Ukraine. Lol.. That’s less than 2% daily production Old fart politicians are in many countries are one of many problems they are causing around the world!
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