Putin wants rubles for Russian gas
Samizdat | March 23, 2022
Russia will now accept payment for gas exports to “unfriendly countries” in rubles only, President Vladimir Putin said at a meeting with the government on Wednesday.
The president explained that Russia plans to abandon all “compromised” currencies in payment settlements. He added that illegitimate decisions by a number of Western countries to freeze Russia’s assets destroyed all confidence in their currencies.
“I have decided to implement in the shortest possible time a set of measures to change the payments for – yes let’s start with this – for our natural gas supplied to the so-called unfriendly countries in Russian rubles, that is to stop using all compromised currencies for transactions,” the Russian president said.
“It doesn’t make sense to deliver our goods to the EU and the US and get paid in dollars and euros,” he added.
Putin gave the Central Bank and the government a week to determine the procedure for operations for buying rubles on the domestic market for importers of Russian gas.
The president added that Russia will continue to supply gas in accordance with the volumes and pricing principles of the contracts. Only the currency of payment will change.
The announcement caused a spike in the cost of contracts for gas supply at the TTF European hub, Forbes Russia quoted data from the Intercontinental Exchange as indicating. During Wednesday’s trading, the gas price rose from €97 per megawatt hour (MWh) to approximately €108.5 per 1MWh, but after the president’s speech, it jumped by another €10 to €118.75 per 1MWh, before retreating to €114 per 1MWh as of 1pm GMT.
In the past month, Russia has been hit with several rounds of unprecedented international sanctions over its military operation in Ukraine. The US, EU, and their allies have cut off the country from their financial systems, limited dollar and euro transactions, and froze roughly $300 billion in Russian forex reserves abroad, among other measures. At the same time, they have continued to buy Russian oil and gas.
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Israel’s military indoctrination of children
By Stephen Lendman | Al-Ahram | May 6, 2010
The modern roots of Zionism go back to its founding at the First Zionist Congress in Basle, Switzerland, in 1897, its programme being the “establishing for the Jewish people of a publicly and legally assured home in Eretz Yisrael”. Five decades later, this was accomplished by dispossessing indigenous Palestinians, denying them the right to their land, creating a new Jewish identity, legitimising Jews as rightful owners, and using superior military force to support the state against defenceless civilians who were no match against their powerful adversary.
Leading up to and after its war of independence, Israel stayed politically and militarily hard line, negotiating from strength, choosing confrontation over diplomacy, and naked aggression as a form of self- defence and occupation in order to seize as much of historic Palestine as possible and secure an ethnically pure Jewish state. These policies were called “Israelification [and] De-Arabisation” to preserve a “Jewish character”.
In his book, The Making of Israeli Militarism, author Uri Ben-Eliezer says writing about Israeli militarism involves “ventur(ing) into an intellectual minefield”, given Jewish history under the Nazis and the perception of Israel as a safe haven. Yet, decades of Arab- Israeli conflict have produced seven full-scale wars, two Intifadas, and many hundreds of violent incidents.
Ben-Eliezer believes that, beginning in the 1930s, militarism “was gradually legitimized within the Yishuv, the Jewish community in Palestine, then within the new state [it was] crystallized into a value, a formula, and an ideology.” Over time, it acquired a dynamic of its own, and then, during the 1948 war, it “acquired full legitimacy” and became decisive in setting policy.
Politics and militarism were wedded to create a militaristic view of reality. Thereafter, it was institutionalised to the point that “the idea of implementing a military solution to [political problems] was not only enshrined as a value in its own right, but was also considered legitimate, desirable, and indeed the best option.” … continue
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This documentary comes to mind: “ALL WARS ARE BANKERS’ WARS” by Michael Rivero.
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“It is not a coincidence that the Century of total War, coincided with the Century of Central Banking”…….Ron Paul.
“Hell is empty, and ALL the Devils are here”…..William Shakespeare….(The Tempest)
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This will make western countries pay if they manage to hyperinflate the ruble.
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Well done Vlad!
He was nice enough to let winter end…
I can’t wait to see the transgender pussies of the west freezing their asses off.
arselickers like scholz, macron, draghi, now call their boss rothschild to ask what they should do…
Pay in Rubles bitches and see your populations preparing nooses for you.
#WESTANDWITHRUSSIA
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