Putin: “Now everyone in the world knows that obligations in dollars can be defaulted” […] “It doesn’t make sense to deliver our goods to the EU or U.S. and receive payments in dollars or euros,”

Charx122:


Most Nigerians know how to support foolish things that's why we can't come up with good leaders
I don't see any reason supporting Putin for this evil he has brought upon himself.

You don't see any reason because you can't think beyond what cnn and other msm show you. I think covid should have taught people a lesson or two that whatever the msm is preaching is anti people.

Rastaramsey:



Like Ukraine is the one producing the world's food......

Whether people hate Putin or not, everybody go share for the suffering....


You no get point abeg...

The olodo doesn't know Russia produce most of the world fertilizer

The best secretary of states ever and one of the finest ClA agent

frowland:


So you worked as a professional and didn’t know that homes are gas powered? Tell me something new Lier!
I guess your heating system is powered by firewood?
Meaning you have never paid gas bill before? Then you might be all those illegals disturbing the peace here. Professional my bellend.
Well I might be a cleaner and okay with it! Have I begged you for food before?
Face of a 8 year professional in UK that didn’t know his home is gas powered.

Someone that haven't left Nigeria before, he doesn't have an understanding of how things work and yet he claim to work at royal bank of Scotland.

gambojimeta:

Putin said countries that interfere will be punished.

Yet US, Canada, Poland, UK, Germany e.t.c have all sent ammunitions to Ukraine. What has the coward done? All he does is threaten others with nuclear weapons, yet that does stop Finland and Sweden from considering joining NATO.

Sent arms on the front pages of news paper yet Zelensky is running from pillar to post asking for help and even dared sleepy joe to come to Kiev

Anything to protect his assets, mind you he might be a US asset and his cover might be blown

gambojimeta:

Yes. But he know Putin more than we do.

It's like how one of Hitler's best buddies (Rudolf Heiss) left him for Scotland during the 2nd world war.

Putin is no Hitler, one is the highest ranking KGB and the other was an fortunate to rule Germany with little to know understanding. Times have also changed.

gambojimeta:
Now that NATO has even strengthens it's forces around Eastern Europe. What is Putin going to do since that is what he always hated?

Is he going to invade other eastern European countries too. Time would tell.

Let them declare a no fly zone in Ukraine if they are brave enough, this cheap attempt to make people think they are powerful won't work

gambojimeta:
Underrated news.

Brave move

All traitors are leaving, you do realize there are American asset in Russia government and vice versa.

gambojimeta:
The list of ban is becoming endless

Meaningless

gambojimeta:
Fresh

Sanofi a French pharmaceutical company, what weight does their comment carry?

tolue42:


World power house to you and your pocket..
Stop quoting me please.

On foreign affair session, they should make sure no one below 18 is allowed to comment, minimum requirements should include higher school certificate, iq test and travel exposure, some of you who haven't left the shore of Nigeria will come here to argue with someone who face things in real life.

msrcusgarvey6:
Ruble rockets on gas currency switch

Russia unveils domestic payment mechanism for energy exports
Ruble rockets on gas currency switch
© Getty Images / FedotovAnatoly
The ruble has surged on Wednesday after the announcement that payments for gas exports to certain Western countries will be switched to Russia’s domestic currency.

The Russian currency immediately rose to a three-week high of 95 rubles against the dollar, before settling below 100. It also gained 3.5% against the EU’s currency, trading at 110.5 rubles per euro.

The ruble plunged to historic lows earlier this month as unprecedented Western sanctions hit the Russian economy, dropping to record lows of 132 rubles per dollar and 147 rubles per euro on March 7. In mid-February, the currency’s exchange rate was around 75 rubles per dollar and 85 rubles per euro.

READ MORE: Putin wants rubles for Russian gas
Russia plans to abandon all “compromised” currencies in gas payment settlements, President Vladimir Putin said on Wednesday. He added that illegitimate decisions by a number of Western countries to freeze Russia’s assets destroyed all confidence in their currencies. Therefore “unfriendly countries” will have to pay for Russian gas in rubles, Putin said.

The Russian president instructed the Central Bank and the government to determine within a week the order of operations for the purchase of rubles on the domestic market by buyers of Russian gas. Putin added that Russia will continue to supply gas in accordance with the volumes and according to the pricing principles concluded in the contracts. Only the currency of payment will change.

For more stories on economy & finance visit RT's business section

God bless you, Yaba left analyst on here don't know anything yet they will flood the comment session with senseless comment.

plaindealer:



Germany just dumped Russian gas and you are feeding your opinion. This is a contractual agreement, not opinion.

The rest of the world especially Europe won't sit around and let some mad and unstable clown keeps jerking them around and blackmailing them, alternatives are all over the place and Germany the largest consumer of Russian oil dumping Russian oil for Qatar means Russia is on a long tin.

Oil sanction is next..


If you are going to argue, argue with facts, not your made up opinions.

Dump it when, right now, something they are still looking for clarification as to what Putin wants as payment plan.

tolue42:


Yeah, because Russia is bigger than Egypt, South Africa and Nigeria who signed the deal..

Are you OK, are you seriously comparing a world power house to Africa countries. A country that can veto UN security vote to countries that have no say in world politics

gambojimeta:

Date?
1st You said I posted MSM screenshot of sugar and grocery rush. Then I posted video saying Russia recorded and posted the videos themselves.

2nd you now you say MSM is not reporting it again

Are you confused? Or are you just looking for straws to grasp on

The Sugar and grocery rush is 3 days ago.
The Mexico border rush 7 days ago.

They are very very recent

Russians are hurting. This is a fact.

They are from the early days of the invasion, the msm reported it back then, the Youtube video means nothing, you can do your analysis today and post it on youtube it doesn't change the date of which the event occurred

tolue42:


Ogbeni gettoutttt!
China signed with Nigeria couple of years back . We know how it ended Mr knows all.

Check below

Russia is not in the same bracket as Nigeria, the brits still decide who lead in Nigeria. Think please before talking.

tolue42:


You're very funny man, alll those countries need to do is to increase pump, increase production and supply, simple as ABC!

Yes na, shebi it is water they are pumping and they will deliver the gas with tankers abi? Do you even know the importance of logistics and guaranteed supply

tolue42:


Really ? Russia will not import? All natural resources are in Russia?

Even to buy goods from China they'll use Ruble?

I said it, most of you don't know anything, Russia and china signed an agreement that will enable them to do a Yuan/ Ruble trade at a pegged price

gambojimeta:

Russian richest man told Putin not to take them back to 1917. That's a fact

Russians are fleeing Russia to Finland and some even the USA via Mexico Border: That's also a fact.

The rush for sugar and grocery is on video posted by Russia themselves: Another fact..


Watch below.


https://www.youtube.com/watch?v=7vS6NJASrGI


https://www.youtube.com/watch?v=s7TY5S029bU

Look at the date of the YouTube link you posted, the videos are from the beginning of the invasion, just like when people stockpiled at the beginning of covid, same thing is what happened in the youtube link you posted, everything back to normal, even the MSM is not talking about any shortages in Russia

KaluwisxPRO:
When there is excess of rubble in circulation and no foreign currency that only leads to inflation, just like in Nigeria where we have limited access to USD, Russia will lose Just like Zimbabwe and Venezuela.

Haha tell me who are the trade partners of the above countries?

Now tell me the trade partners of Russia and how heavily they depend on the trade Russia offers them

Please, lets think and use our brain before commenting, no insult intended

plaindealer:
This man is really dumb and overated, this is the problem with delusional people, dictators, sociopaths and megalomaniacs, they are tone deaf.

You are not the only oil and gas supplier and the world is already moving away from your Oil and gas and your rubble is trash..

Russia the fake super power can not defeat small Ukraine Ukraine already killed your generals and commanders, you troops are target practice for Ukraine, Ukraine is talking back their cities, you are stalled and you've been stalled for almost 2 weeks.

You can not bomb civilians out of your predicaments..

This fool just exposed Russia as a very weak, poor, incompetent, poorly trained and badly demoralized.


What a dumb ass.m

As of today Germany still buys gas from Russia

Qatar told the EU the other day they can supply them the amount if gas needed.

What you don't know is Qatar and Saudi have been lying about their reserves and it will take years to get the logistics right if at all they do infact have the capacity

You probably think buying gas is the same as buying stuff on amazon, no its not.

[quote author=gambojimeta post=111301432][/quote]

You went on the internet to dig up a post from western msm at the beginning of the invasion, I repeat Russia is a self sufficient country, they only rely on the west for luxury items.

History555:


Who told you that d aim of this policy is to help rubles. The eu are meeting with biden to draw up plans for ditching russia oil and gas. Russia wants to inflict max pain on them b4 they do that

And get oil from where? Iran or saudi that have been lying about their reserves or the US that deceived the public to think we have enough oil, but stopped fracking because of global warming

MT:


You are missing the point. Imagine if roubles appreciate but Russia needs more dollars in their reserve to do many things which they are lacking now. It makes no sense.

International transactions are settled in dollars. Let me tell you if you don't know, when you have million of naira in your account and you pay for your air flight using your bank card. The payment is honoured because the airline knows that Nigeria has enough dollars in her reserve to settle on your behalf through the CBN. If you are a billionaire in Nigeria and there is little or no money (USD) in the country reserves, attempt to pay for flight, education abroad and anything foreign, your payment will be declined because you can't settle your bills in naira, it's CBN that must settle on your behalf in dollars from the reserve.

Russia is hurting badly, lack of access to dollars is a serious game changer

Hurting how? Stop displaying ignorance in public, Russia is not Nigeria or the UK, they produce most of their consumables, they rely on European countries for luxury items and china for other items, they have an agreement in place with China to do a Yuan/Ruble trade. The petrodollar empire is crashing, traders will tell you not to touch the USD now as its performing very poorly while the rubles have been doing great since last week

gambojimeta:

How do they intend to get the gas to Germany through the sea or they will build pipelines within a week, think before posting propaganda news.

MT:


Russia needs dollars more than roubles. The west has shut them out from accessing dollars, which means they cant do transaction on an international stage. Putin has admitted Russia economy has been hit so hard, it is a matter of time before the people start serious protest.

Imagine if Naira appreciates but you dont have access to dollars. You wont be able to pay for air ticket, school fees abroad, medical care abroad etc. It only makes sense if Nigeria is self sufficient, sadly no country is self sufficient. So, Russia will suffer so much

Yaba analyst, they need dollar to do what exactly? Russia is in a good position to negotiate terms with whoever they choose to do trade with. The West have done thier worse, now its time for Russia to do as they pleases.

The Democrat will ruin this beautiful country. Americans have no clue what that means.
They have gotten a free ride since Bretton Woods.
Just wait till they can't use paper to buy real things.
And the rest of the world will not fund their budget deficits and military adventures.
The US$ falls, so does the empire

Map of current situation in Mariupol, made by WarGonzo who are on the ground right now. Red is RU-controlled, blue is UKR-controlled, yellow is contested industrial zones. Approx. 70% of residential areas are now held by RU/DPR, there's heavy fighting in the industrial areas.

Dalil8:
Checkmate.

Basically Russia is going to force the countries that devalued its currency via sanctions to rebuild its currency via natural gas purchases.

While simultaneously devaluing the Euro/Dollar.

I’m sure this will end well cuz the Ruble is already climbing today... (like last month)

Lalasticlala Mynd44 Seun shoot this to fp

Too much wisdom in one comment

The Democrat will ruin this beautiful country. Americans have no clue what that means.
They have gotten a free ride since Bretton Woods.
Just wait till they can't use paper to buy real things.
And the rest of the world will not fund their budget deficits and military adventures.
The US$ falls, so does the empire.