₦airaland Forum

For your information, Russia don't operate the Tochka-U missiles..

Ukraine Nationalists did this..

plaindealer:
It is there in the article, but you people don't read, you just rant, make noise and argue needlessly,

I'm being forced to understand you have nothing upstairs!

How is that news related to Xin Hua?

I said I need a source from Xin Hua confirming that China warned it's investors to avoid Russian commodities..

This article quoted an unknown Reuters source..

If you can't, stay off my mention and stop infecting this thread with your brain numbness..

joyandfaith:
China stills trade International in dollar but buying from Russia in yuan is to strengthen yuan against Ruble.

Buying with Yuan with equivalent to the value of Gold..

Russia made more money

Igbofam:
Russia is not actually at war with the whole Europe. If it was actually directly at war with the entire Europe Russia would have been a historical wasteland by now.

Even your US will be non existent by now

VictorUSA:
Cheap propaganda.Trusted source has it that China avoided buying Russian oil despite heavy discount.

Let's see your source

Hope it's not an unnamed Reuters source

joyandfaith:
Why not buying them with Ruble? Why yuan?

China is not an enemy state.

Only Enemy states will pay in Rubles..

Friendly states can pay in whatever form they choose but not in Dollars or Euro.

And she contacted Covid without the Virus

joyandfaith:
You can go through my posts and highlight where I supported barbarism .

You've always supported the west and their world policies

Padipadi:
I erased the American gibberish you had under there. It's only wicked people that ll take advantage of Ukraine's predicament.
It's only the wicked that ll say some people are siding with America when we are only supporting humanity.
I owe America no loyalty.
If they do well, I talk. If they do wrong, I talk.
But woe betides Putin and you too, his rat.
Woe unto anyone who support terror especially those unfortunate Arabs & Islamic extremists who are jubilating cos of the Ukrainian crisis. One mad one even said it's Crusaders fighting against Crusaders.
The demon in Putin ll be casted out.
He ll suffer more than Ghaddafi & Saddam join together!

Okay


Who will suffer him like Saddam and Ghadaffi?

Two victims of US and NATO unprovoked invasion..

Why did NATO invade Libya unprovoked?

The old economic order, in which the dollar's centrality to global trade remains king, is beginning to fade. The latest example of the dollar's demise comes as China purchases coal and oil from Russia in yuan due to Western sanctions isolating Russian banks from the SWIFT payment system.

Chinese commodity firms purchased Russian coal in local currency in March, and the first shipments are expected to arrive in China this month, according to Bloomberg, citing Chinese consultancy Fenwei Energy Information Service Co. Traders said this coal shipment paid in yuan would be the first since the U.S. and Europe unleashed harsh sanctions severing some top Russian banks from SWIFT.

Traders are also reporting Russian crude bought in yuan. The first Eastern Siberia Pacific Ocean grade crude shipment will arrive at Chinese refiners in May.




Russia and China trading yuan for commodities is just one example of a new emerging economic order.

Premium subs should recall former N.Y. Fed repo guru and current Credit Suisse strategist Zoltan Pozsar's stunning note last week that said the consequences of the Ukraine war are ushering in "the birth of the Bretton Woods III - a new world (monetary) order centered around commodity-based currencies in the East that will likely weaken the Eurodollar system and also contribute to inflationary forces in the west."

Fast forwarding to the punchline, Poszar wrote that if the framework he has laid out previously (and again, in his latest note) is the right framework to think about how to trade interest rates in coming years, inflation will be higher; the level of rates will be higher too; demand for commodity reserves will be higher, which will naturally replace demand for FX reserves (Treasuries and other G7 claims); Meanwhile, demand for dollars will be lower too as more trade will be done in other currencies; and as a result of this, the perennially negative cross-currency basis (the dollar premium) will naturally fade away and potentially become a positive cross-currency basis.

Translation: the dollar is on its way out as the world's undisputed reserve currency, a consequences of events that put in motion when Putin invaded Ukraine (with the implicit blessing of China and India) and when the West decided to expel Russia from the entire western financial system.

It is this chain of events that Pozsar calls Bretton Woods III and the reports of China's purchases of oil and coal in yuan (not dollars) suggesting the path to that new world order is accelerating faster that many hoped (as the surge in the Ruble may also suggest).

Pozsar spoke with Bloomberg's Joe Weisenthal and Tracy Alloway this week and recited his Bretton Woods III thesis, suggesting:

"Instead of a Volcker moment, we got a Putin moment and we basically have war and out of this war, something will also emerge.

"Out of this, I think this 'Bretton Woods III' that I started to kind of develop and run with, is a world where we are, again, going to go back to commodity-backed money — where gold, once again, is going to play a big role. And not just gold, but I think all forms of commodities," Pozsar said.
https://www.zerohedge.com/geopolitical/bretton-woods-iii-china-begins-buying-russian-coal-and-oil-yuan


For those who claim China are backing away from Russian commodities

plaindealer:
You people just love to rant and here yourself talk out of the side of your mouth..

Yes, North Korea is doing fine, pack your load and move to North Korea abi.

You comedians talk as if you know more than China or you are china's father and you makes decisions for China from your village in Nigeria..

China said they are honoring old pre war contracts and warning their people not to sign new contracts with Russia, not even for cheap Russian Oil, but you ignorant can't read and comprehend fake pouTin roadside noisemakers are sitting here talking and formulating your own rubbish.

Bty, didn't India just looked the the other way and while the world kick Russia of UNGA instead of voting to support Russia?

Show us where China warned their people not to sign contracts or buy from anything from Russia, please..

I need it from a credible Chinese news media like Xin Hua, please..

joyandfaith:
Open another thread to discuss usa problems. Many of us condemn war in Ukraine not because usa is a saint but we do that for the sake of humanity.

Show me where you condemned US attack on a sovereign state for the sake of humanity and I'll take you serious!

God1000:
Putin must pay for the rack and ruin

Putin is untouchable!

Zelenskky will pay for his stupidity!!

Human right and UN, can't figure which is more useless than the other

joyandfaith:
Who is talking about USA here? If USA has done something wrong based on your perspective, so Russia should do similar thing. SMH
That is some of you guys justify and compare clueless of Buhari and Gej. Stupidity.

Based on your perception, Are you saying USA didn't do wrong?

seanwilliam:
give me 3 examples of countries heavily sanctioned by the west that are doing fine.. I’m willing to learn….

Russia
Iran
Venezuela

Do you need more examples?

plaindealer:
I like China..''


The fear of Western sanctions is the beginning of wisdom

China can not afford to commit suicide or economic collateral damage because of some poor lunatic and mad man in Moscow...

Fear of which Western sanctions??

All the countries sanctioned by the so called west are all doing fine..

China will always buy Russian oil and are buying Russian oil..

Even India are buying..

China that's buying Russian oil

According to a Wednesday Reuters report

Russia's central bank said on Thursday that due to a "significant change in market conditions" it would buy gold from commercial banks at a negotiated price from April 8.

On March 25, the bank had said it would buy gold at a fixed price of 5,000 roubles a gram until June 30. read more

Since that announcement, the rouble has strengthened sharply against the dollar. Five thousand roubles was worth around $52 on March 25 and around $63 on Thursday.

Register now for FREE unlimited access to Reuters.com

Gold prices on the international market have remained stable at around $60 a gram, or $1,900 an ounce.

Russia is one of the world's biggest gold producers, but the country's refiners were barred from selling bullion into the London market, the world's largest, after the Kremlin sent troops into Ukraine in February.

($1 = 78.6830 roubles)

sapientia:
The rate is fixed and maintained by their central bank

Tradings halted with high interest rate

Let's see how long they can hold it

The sanctions of 2014 though small didn't manifest in Russia till coming years

Edit: It's official, Putin Fan bots don't ever read, a look at the title and many of them are already spewing rubbish

Won't be fixed for long..

You are not among Putin's economic team..

You are only saying this base on assumptions..

I'll rather you wait and watch as things unfold rather than praying for Russia's doom which won't happen..

I'll build a team no one will want to play against

oluobi:
The US must really have something on this Zelensky of a guy, with which they can destroy him if he goes against them.

I keep asking myself, what is the end game for Ukraine in all of this. Ukraine can NEVER defeat Russia's military on its own, it's obvious the EU have ran out of sanctions, and the ones in place already cannot stop Russia. Why not take the easy way out, which is diplomacy.

By not destroying Kiev with Bombs (they are more than capable to do that), the Russians have left a big window for negotiations to continue, why not take it, so as to put a stop to the suffering of his people.

Biden said they are ready to fight the Russians till the last man standing in Ukraine, i guess the last man standing would be Zelensky.

Since it's obvious NATO would not get involved directly, why not stop all this drama of calling for negotiations, while at the same time, asking for sanctions, no-fly zone and weapons, so you can push out the Russians.

I said exactly same thing to a post on Facebook..

Zelenskky's life is at risk if he goes against western orders..

Notice how he talks about peace talk today..

Tomorrow, The west will announce new military hardware to him..

"He must not back down from this fight" seems to be his order.

joyandfaith:
Ww3 will be nuclear-MAD. It will alter global ecosystem

But, Russia will be crushed!

Is that not what the West wants?

A crushed Russia!

VictorUSA:
The war will afect the whole world.

But the whole world wants to crush Russia

Why are they scared of the blowback??

plaindealer:
I was actually expecting to see real and credible news reporting, not some people walking in a sources less video posted by a blogger.

How come your fake news doesn't exist anywhere else?

Hundreds of Ukrainian soldiers surrendering to Russia should be a global and major news, so why is this news limited to you and some faceless blogger?

Go and sit down abeg..

Frontline video now a blog?

If it were Russia soldiers surrendering, you won't say this

Drenimarcus:
They killed their leader, naso followers quickly gave up.....


Evil tongues say that an hour ago two officers of the SBU very unofficially crossed the border with Belarus and they had some important data on the execution of civilians by Ukrainian soldiers in Bucha, whose corpses were later attributed to the Russians.

If this is true, then soon we will see the continuation of Ukrainian cinema.

Source: Levi on telegram....

Link me to this telegram page, please

The storm is coming.

The best fighters of Ukraine are surrendering

267 marines from the 503rd battalion (assigned to the 36th Marine Corps) chose life and surrendered to the Russians.

Earlier, their commander, Pavel Sbitov, a native of Lviv who had been fighting against the Russians of Donbass since 2015, was destroyed.

PenSniper:
Would the Ukrainian soldiers shoot their own civilians at this scale just to blackmail the Russian soldiers or would the latter have brought dead Russian civilians there in order to implicate themselves.
Fact is the retreating Russian soldiers decided to vent their annoyance and frustration on the armless civilians in revenge.

Look at their arms, what do you see?

White bandages!

Symbol of Russian soldiers or supporters..

Ukrainian military did this!!

4Play:
Here you go:



http://news.bbc.co.uk/1/hi/world/europe/2654109.stm

This is very simple, just because the US does wrong things doesn't mean everyone should do wrong things. Russia's invasion of Ukraine isn't justified because US invaded Iraq.

Only the US has the right to do "wrong" things, right?

Russia is doing the right thing, anyway..

VictorUSA:
NATO don't want to triger third world war and destroy russia.

Since they are confident of crushing Russia, what are they waiting for??

joyandfaith:
Putin war objectives in 3 days
1. Demilitarisation
2. Denazification
3. Regime change
4. Independence for Donbas regions
5. Recognition of Crimea

Has putin achieved any of those objectives? No.

Minus western help, Ukraine military would have been using cutlasses and sticks now

Their military installations, barracks, and what's not has been destroyed..

Their minister of defence said so himself