The Duran
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
Russian gas for Russian rubles! The ruble is very good money! No reason to shun it!
The ruble is back at 80 to the USD. Not so sure that the future of the USD is so stable or so bright.
I remember my many past trips to Russia. We had to buy rubles for dollars at an arbitrarily set rate. Little did I realized just how polical and arbitrary that rate was.
This change is all very refreshing.
TASS: Kremlin says Putin outlined new mechanism of gas payments to European leaders – On March 31, Russian President Vladimir Putin signed a decree on rules of gas trade with unfriendly countries, which stipulates a new system of contract payment – MOSCOW, April 1. /TASS/. Russian President Vladimir Putin outlined the new mechanism of gas payments in conversations with European leaders before it was officially announced on Thursday, Kremlin Spokesman Dmitry Peskov told reporters on Friday. “He described the mechanism in general terms. Later my colleague [Russian Presidential Aide Maxim] Oreshkin explained the mechanism in details to colleagues from the… Read more »
Bravo, Kremlin!
Russian gas is just as good as Russian rubles. It is worthwhile for buyers of Russian gas to pay with Russian rubles.
Those countries who refuse and insist on payment with Euros or US dollars, should buy Euro gas and US gas.
They will soon feel the difference!
The best book on Putin one can read at this point in time is the one published in 2000 titled (in English) “First Person / An Astonishingly Frank Self Portrait by Russia’s President”. It’s a series of conversations conducted with Vladimir Putin and people in his orbit conducted by Nataliya Gevorkyan, Natalya Timakova, and Andrei Kolesnikov in an attempt to answer the question “Who is this Mr. Putin?” for the international audience. Published by Random House. ISBN 0 09 179378 5.
Russia conversion Euro to Rubble Gasprom a/c and returned to a buyers Zubble a/c. Unfriendly countries can then decide to go without because of Z.