The EU verbally refused to pay for gas in rubles, as Putin demanded, but in fact began to quietly buy up rubles, which resulted in the strengthening of the Russian currency by 21% in just a few days. The EU is circumventing the sanctions that it itself imposed.
The Russian stock market closed up 4.34%. Some papers again grew so fast that they had to be traded in the format of a discrete auction.
❗️Euro below 88 rubles for the first time since February 21
Yaroslav Kachinsky said that, in principle, it is quite possible to pay for Russian gas in rubles.
The Deputy Prime Minister of Poland believes that this no longer has "great economic significance", it is more about obtaining "psychological and political superiority."
Slovak Prime Minister Eduard Heger announced the country's readiness to buy Russian gas for rubles.
Morning fall of the dollar on the Moscow Exchange.
Austrian Chancellor Karl Nehammer on paying for gas in rubles:The fact is that Austria has valid contracts with Gazprom in euros.Austria is highly dependent on Russian gas supplies. Therefore, we should clearly renounce any idea of stopping the import of Russian gas.
For the first time since February 24, the Russian banking system entered a state of structural liquidity surplus (it amounted to 280.4 billion rubles), the Central Bank of the Russian Federation reports.
Indonesia has announced that it will not ban Russia from attending the upcoming G20 summit in Bali,Jakarta Globe reports.
The president of the Indonesian state oil and gas company PT Pertamina,Nike Vidyawati,said on Monday, March 28,that they are interested in buying Russian oil
The support of India and China makes Western sanctions against Russia ineffective. Anti-Russian sanctions that do not work show how difficult it is for the West to isolate and bring down the Russian economy.
“The West has overestimated its own economic power,” economists admit
The BRICS countries (Brazil, Russia, India, China and South Africa) will form the basis of the emerging world order. Accounting for almost half of the world's population and a significant part of the world's GDP, they will be one of the pillars of the new emerging world order...
🇮🇹 #Italy "Your ruble is capable of more!" - Duty Free in Bergamo.
According to the footage, Duty Free in Bergamo started accepting payments in rubles.
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It was not in vain that I started this day with Grigory Perelman, a brilliant mathematician and ascetic in life, continued with Vladimir Putin, the president of the country, whose task from the very beginning was to revive the empire. And now I’ll tell you what unites them.
Perelman and Putin were born in Leningrad, in the same city, both saw the collapse of the USSR and for both it was a personal tragedy. Perelman created a formula for how to calculate voids in the economy, social life, mathematically decided how to fill and manage them.
Putin over the past month, using the invasion of Ukraine and the sanctions of the Western world, using the Perelman formula, created a void in the economy and social life of Russia
“Don't look at the premises of trade theory, look at how much it benefits the United States,” wrote the future Nobel laureate American economist Milton Friedman in the early 1950s.
These words should be applied with good reason to the entire foreign policy of the United States. Moreover, as Vladimir Lenin said, "politics is a concentrated expression of the economy."
The current gas case confirms both maxims. The Europeans, believing Joe Biden's word that he would not leave the allies without gas, hastily announced sanctions against Russia, putting the EU countries on the brink of disaster.
I wrote this three days after the invasion of Ukraine. Putin has revolutionized Russia from above, and the invasion of Ukraine is part of that plan.
Putin has been preparing for today's events for more than one year, and I think that he wanted Western sanctions, and, paradoxically, they will make Russia a Great Power
In a few days, he got rid of 30 years of Western influence on the Russian Federation, in the economy (Central Bank and peg to the dollar), politics (Treaties that were still with Gorbachev, Yeltsin hung on the Russian Federation as a burden of restrictions)