Putin signed a decree about selling the gas in rubles only
Yesterday, March 31st, Russian President Vladimir Putin signed a decree, that the ” unfriendly “ countries must pay for the Russian gas in Russian currency beginning April 1st. The “unfriendly” countries are foreign states that are considered to have taken unfriendly action again Russia. A list of these countries was released by the Russian governments on March 7th, 2022 as follows: Australia, Albania, Andorra, United Kingdom, including Jersey, Anguilla, British Virgin Islands, Gibraltar, the member states of the European Union, Iceland, Canada, Liechtenstein, Micronesia, Monaco, New Zealand, Norway, Republic of Korea, San Marino, North Macedonia, Singapore, the United States, Taiwan, Ukraine, Montenegro, Switzerland, Japan.
Photo source: tiendagourmet.co
According to the decree, Russia will continue to supply gas to ‘unfriendly” countries at the same volumes and prices, but only through accounts that must be in Russian banks. If gas suppliers will not follow this order, Moscow can halt the gas contract. On top of that, new proceedings in EUR or USD could be blocked.
The Russian majority state-owned energy corporation Gazprom was doing a study with options to halt gas to suppliers in Europe due to the payment in rubles a couple of weeks ago. Also, Kremlin is considering that all export from Russia will be paid in Russian currency.
On April 1st, the speaker of the Kremlin Dmitrij Peskov clarified the application of the decree:” Does it mean if we don’t have the payment confirmed in rubles that from April 1st we blocked the gas suppliers? No, that is not in the decree. New rules will come into effect after the middle of April and Gazprom will be cooperative with its clients to implement them.” Russia can abandon this decree if the situation will change, but now, the Russian currency is for us the best, and the most trustworthy option, Dmitrij Peskov said.
What’s that mean for the world? Since 1971, when U.S. President Richard Nixon ends the convertibility of U.S. dollars {USD} to gold, so U.S. currency was not backed by a physical commodity, but only by the government that issued it. Basically, USD became the fiat money. Despite that, U.S. dollars were still accepted as the global currency, because of the oil and gas trade with it, and that holds the value of USD. If Russia followed by China, India, and Iran stopped trading gas and oil, possibly all commodities and trades, in USD in the global market, that will it have a big impact on the value of USD and Canadian dollars {CAD} as well, because U.S. and Canadian economies are deeply interconnected.
For Canadians this is not very good news, because Canada has a negative trade balance, that means, we bring more products from offshore than we sell, so people in Canada must go deeper into their pockets anytime when they buy any products. Even worse, almost half of Canadian export constitutes Canadian natural resources.
There is one more thing to consider. The USA as an economic superpower and “preserver” of democracy will lose its position in the world at the expense of China. A country that is run by a communist regime will become number one, with all influence around the world. That is a super danger to democracy and human rights, especially in combination with the planned Great Reset. That, we can unfortunately sense in Canada already.
– DB
mobile casino
April 21, 2023 @ 4:20 am
real money casino app online casino free bonus online casino with free signup bonus real money usa mobile casino
mobile casino
April 21, 2023 @ 4:22 am
real money casino app online casino free bonus online casino with free signup bonus real money usa https://flashcasinosgames.com/
free online casinos that pay real money
April 21, 2023 @ 6:26 am
online real money slots top online casinos usa kasino online free online casinos that pay real money
free online casinos that pay real money
April 21, 2023 @ 6:28 am
online real money slots top online casinos usa kasino online https://eurasiacasinolasvegas.com/
vegas casino online real money
April 21, 2023 @ 3:54 pm
casino tops money maker best online casinos usa bellisbet live casino vegas casino online real money
vegas casino online real money
April 21, 2023 @ 3:56 pm
casino tops money maker best online casinos usa bellisbet live casino https://top-casino-games-online.com/
casino tops money maker
April 22, 2023 @ 2:25 am
nline casino real money bonus casino gratuit online casino with real money casino tops money maker
casino tops money maker
April 22, 2023 @ 2:27 am
nline casino real money bonus casino gratuit online casino with real money https://casinoonline121.com/
real money online casino bonus
April 22, 2023 @ 6:38 am
online casino admiral casino slot games that pay real money best online casino
bonus real money online casino bonus
real money online casino bonus
April 22, 2023 @ 6:40 am
online casino admiral casino slot games that pay real money best online casino bonus https://agencasinoonlineindo.com/
rivers online casino real money
April 22, 2023 @ 6:15 pm
free online games to win real money no deposit online gambling real money mobile casinos rivers online casino real money
rivers online casino real money
April 22, 2023 @ 6:16 pm
free online games to win real money no deposit online gambling
real money mobile casinos https://casino13online.com/
harrahs online casino login
April 23, 2023 @ 1:17 am
play live players play casino games online for money mobile online casino harrahs online casino login
harrahs online casino login
April 23, 2023 @ 1:19 am
play live players play casino games online for money mobile online
casino https://onlinemicrogamingcasino.net/
real cash online casino
April 23, 2023 @ 10:06 am
bet online casino top casinos online usa casina online bonusy real cash online casino
real cash online casino
April 23, 2023 @ 10:07 am
bet online casino top casinos online usa casina online bonusy https://premiereonlinecasino.com/
online real money no deposit casino
April 24, 2023 @ 12:54 am
free online casinos that pay real money bet
casino online best online casino bonus online real money no deposit casino
online real money no deposit casino
April 24, 2023 @ 12:56 am
free online casinos that pay real money bet casino online
best online casino bonus https://bonusonlinecasino24.com/
casino game
April 24, 2023 @ 6:15 am
gambling online real money casinou win real money online casino for free casino game
casino game
April 24, 2023 @ 6:16 am
gambling online real money casinou win real money online casino
for free https://onlinenetticasino.com/
all free 777 slots games
April 28, 2023 @ 5:39 am
vegas plus casino vegas plus armor slots all free 777 slots games
all free 777 slots games
April 28, 2023 @ 5:40 am
vegas plus casino vegas plus armor slots https://miamislots.net/
casino slots online svierge
April 28, 2023 @ 9:44 am
free reel slots online igt video slots free play triple diamonds free play slots slots 777 casino slots online svierge
casino slots online svierge
April 28, 2023 @ 9:46 am
free reel slots online igt video slots free play triple diamonds free play slots slots 777 https://multi-line-slots.net/
aol slot lounge play free slots
April 28, 2023 @ 10:45 am
free caesars slots all free 777 slots games caesar slots free aol slot lounge play free slots
aol slot lounge play free slots
April 28, 2023 @ 10:46 am
free caesars slots all free 777 slots games caesar slots free https://slots-junkie.com/
aol slots lounge games
April 28, 2023 @ 10:58 am
caesars slots facebook igt free slots online igt slots downloads aol slots lounge games
aol slots lounge games
April 28, 2023 @ 10:59 am
caesars slots facebook igt free slots online igt slots downloads https://slots-junkie.com/
fre slots
April 28, 2023 @ 10:30 pm
free for fun slots igt doubledown casino slots free slots for pc fre slots
fre slots
April 28, 2023 @ 10:32 pm
free for fun slots igt doubledown casino slots free slots for pc https://play-slots-online-casino.com/
las vegas world casino games
April 29, 2023 @ 12:43 am
vegas 7 online casino winning slots free games machines
à sous free slot las vegas world casino games
las vegas world casino games
April 29, 2023 @ 12:44 am
vegas 7 online casino winning slots free games machines
à sous free slot https://slots-123.com/
free coins for double down slots
April 29, 2023 @ 10:06 am
facebook free slots games bonus machine slot liberty slots casino free coins for double down slots
free coins for double down slots
April 29, 2023 @ 10:07 am
facebook free slots games bonus machine slot
liberty slots casino https://online-slots-for-you.com/
free casino slot games with free coins
April 29, 2023 @ 11:26 am
free mobile bets winning slots on facebook games free slots free casino slot games with free coins
free casino slot games with free coins
April 29, 2023 @ 11:28 am
free mobile bets winning slots on facebook games free slots https://mgislots.com/
slot casino online
April 29, 2023 @ 12:10 pm
free caesars slot no download deal or no deal slots cheats
aristocrat slot casino online
slot casino online
April 29, 2023 @ 12:11 pm
free caesars slot no download deal or no deal slots cheats aristocrat https://online-slots-games.net/
free aristocrat slots
April 29, 2023 @ 12:56 pm
play online slots for real money slot machine
gratis online jackpot party casino slots online free play free aristocrat slots
free aristocrat slots
April 29, 2023 @ 12:57 pm
play online slots for real money slot machine gratis online jackpot
party casino slots online free play https://progressive-slots-machines.com/
wms slots
April 29, 2023 @ 8:26 pm
baba wild slots casino facebook vegas world free slots slots
games online wms slots
wms slots
April 29, 2023 @ 8:27 pm
baba wild slots casino facebook vegas world free slots slots games online https://allslots-casino-affiliate-program.com/
에뛰드출장안마
May 1, 2023 @ 7:41 am
So lot to occur over your amazing blog.
출장안마
signatureanma
May 1, 2023 @ 7:42 am
Your blog procures me a fantastic transaction of enjoyable..
https://www.signatureanma.com/
에뛰드출장안마
May 1, 2023 @ 8:55 am
Cool you inscribe, the info is really salubrious further fascinating, I’ll give you a connect to my scene.
출장안마
로렘출장안마
May 1, 2023 @ 8:56 am
All the contents you mentioned in post is too good and can be very useful.
출장안마
경기출장안마
May 1, 2023 @ 8:57 am
I will keep it in mind, thanks for sharing the information keep updating, looking forward for more posts.
출장안마
서울출장안마
May 1, 2023 @ 8:58 am
Thanks . You completed a number of nice points there.
출장안마
민트출장안마
May 1, 2023 @ 8:59 am
I did a search on the issue and found nearly all people will have the same opinion with your blog.
출장안마
buy instagram followers no paypal
July 6, 2023 @ 3:29 pm
I just couldn’t go away your web site prior to suggesting that I really loved the usual info an individual supply for your visitors?
Is going to be again steadily to investigate cross-check new posts
buy instagram followers uk
July 11, 2023 @ 3:00 am
Because the admin of this site is working, no question very
quickly it will be famous, due to its feature contents.
Free subscription
May 17, 2024 @ 2:27 am
What’s The Reason Everyone Is Talking About Best Onlyfans
Pornstar Right Now Free subscription
Online SoundCloud playlist downloader tool
July 19, 2024 @ 6:25 am
I find it convenient to bookmark reliable SoundCloud to OGG
converters for quick access whenever I come across new music.
Scdler, the free SoundCloud downloader, is my favorite music
tool.