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Nairaland Forum / Nairaland / General / Politics / Foreign Affairs / Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? (34048 Views)
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Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by MT: 11:32am On Mar 30, 2022 |
Oddfinder: Court of arbitration doesn't handle sanctions. That's not their mandate. Let me give you a simple illustration, you come to my house to keep your gold, I reserve the right to tell you what I can do with your gold in case we have issues. It is up to you to determine if you still want to go ahead to keep your assets at my house. Your gold will be subjected to my local law. It is not a business, it is your sole prerogative to determine to keep your assets in my house or not. |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Hotice085: 11:33am On Mar 30, 2022 |
edosignature: Special operations with over 8 Generals dead, 10000 soldiers dead , tanks destroyed and captured and after weeks of surrounding kiev are returning home empty....what a special operation |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by DatNaijaGuy: 11:34am On Mar 30, 2022 |
MaximoneyXchang: Trash |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by nedekid: 11:39am On Mar 30, 2022 |
seunny4lif:Well said.. Few people understand the geopolitics. You are one of them. 1 Like |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Playermayweda(m): 11:39am On Mar 30, 2022 |
seunny4lif: Why can't people like dis guy i quoted be the president of Nigeria, why must it be incompetent people 5 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by MaximoneyXchang(m): 11:39am On Mar 30, 2022 |
jrusky: So, with your sophisticated education, you weren’t taught manners? When will some of you learn to contribute your opinion without hurling insults on people you don’t even know?? 5 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by id911(m): 11:39am On Mar 30, 2022 |
Dirkcoyt: Court of Arbitration or any other international court is rubbish meant for weak nation. 7 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Dirkcoyt: 11:41am On Mar 30, 2022 |
id911: He’s just spitting yarks. Court of arbitration? We are talking war you’re talking about court. They joined the court of arbitration they can revoke their membership easily . That guy is so dumb . |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by id911(m): 11:44am On Mar 30, 2022 |
Hotice085: It's not my business what happens in Europe. 5 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Hotice085: 11:48am On Mar 30, 2022 |
id911: Eastern media like aljeezeera, CGTN Russia state media what are they giving? |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by id911(m): 11:49am On Mar 30, 2022 |
Dirkcoyt: When I see some people arguing blindly with so much boldness, it makes me feel so bad about our level of enlightenment and exposure especially as it has to do with international politics and diplomacy. 4 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by id911(m): 11:52am On Mar 30, 2022 |
Hotice085: I only saw officially 1300+ on the Russian side and also confirmed by RMD but people keep saying 10000, 40000, and so on but no mention of Ukrainian dead. I don't understand 7 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Oddfinder: 11:52am On Mar 30, 2022 |
SKIBiNSKI:Pure truth The UK is standing on scam,hypocrisy and propaganda |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Horus(m): 11:53am On Mar 30, 2022 |
The Russian central bank pegged 1 gram of gold to 5000 Rubles (currently, about 50 bucks). At the same time, Putin made it so that Russian gas and oil can only be purchased in Rubles. Meaning: Putin basically just pegged Russian oil and gas to gold, using paper rubles as a proxy. Meaning: Europe will need to either buy Rubles from Putin in gold, in order to buy gas and oil, or they will have to buy directly in gold. Which means, there will soon be a lot more demand for rubles. Currently, the forex rate for rubles to dollars is about 100:1. But... with 5000 rubles now equaling 1 gram of gold, and oil being priced directly in gold, you're going to see a massive price disruption in these FOREX markets, in terms of how much gold a dollar can actually still buy. Foreign countries holding our dollar debt notes in reserve will see less of a use for them, and will want to start dumping them, in order to get something more stable, something which holds its value. Basically any currency pegged to gold now will fit the bill. Which means those countries like Japan will be dumping their dollar debt as fast as they can. They're are NOT going to go down with the ship. And they will move into more stable currencies like the Ruble. Which will have a deflationary effect on the Ruble, making it more valuable over time. Which means Putin will be able to re-peg the Ruble to Gold at whatever rate he wants, down the line. It's 5000 rubles today. Tomorrow, it might be 500. And then 100. And then 10. This also means all those excess dollars being dumped by foreign nations are about to come home and cause even worse hyperinflation than we're seeing. Is it any wonder Biden is up on stage pleading with Europeans for regime change in Russia? He's about to have masses of angry and starving people marching through the streets here at home, demanding answers. 10 Likes
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Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Playermayweda(m): 11:53am On Mar 30, 2022 |
Hotice085: Better news, cnn and American news agencies are shit |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by geezynoni: 11:56am On Mar 30, 2022 |
Illuminatiship: 1 Like |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Hotice085: 11:56am On Mar 30, 2022 |
id911: Fact is I will always believe the west more than the Russians or Chinese, who in their country only have state media unlike the west where it is private |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Swiftpie: 11:57am On Mar 30, 2022 |
The earlier the Ukrainians understand that their place is being used as battle ground for NATO, the better they stop the war! |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Caseless: 11:57am On Mar 30, 2022 |
seunny4lif:ruble has appreciated in value. We don't have to sell our resources in dollars. |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Hotice085: 11:59am On Mar 30, 2022 |
Playermayweda: News from Putins kitchen and Chinese authority nia be better news, I pity your future Even this internet better thank God for American 1 Like |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by SKIBiNSKI(m): 12:02pm On Mar 30, 2022 |
Oddfinder:Absolutely! Yet trying to bully Imran khan Pakistani president to sanction Russia. |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Playermayweda(m): 12:02pm On Mar 30, 2022 |
Hotice085: Lol how? |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by obailala(m): 12:02pm On Mar 30, 2022 |
00FFT00:Nigeria is a unique situation. Even if we go out on the streets in protest, the govt wouldnt need to do anything; just give it a few days and the protesters would turn on each others over the most mundane things. So yeah, you may be right to say 4 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by DerrickzB: 12:04pm On Mar 30, 2022 |
obailala: Russia is already trading with China and Indian and Hungary!! And they pay in rubles, Russia would emerge better and if European nations continue to do stubborn head they’d risk riots!! To think of invading Russia is impossible bro!! They can’t even dare, Putin is ready to obliterate the world if they dare and they know!! 3 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by 24brains(m): 12:04pm On Mar 30, 2022 |
ojesymsym:igbo sense will not kill you. |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Dpharisee: 12:05pm On Mar 30, 2022 |
babyfaceafrica:Geography is a major concern, Russia can pipe the gas direct to Europe from source. America can not pipe to Europe, they will have to transport it by ship. But before you put the gas into a ship you have to use machines to compress the volume of gas by liquefaction which means for instance if you are a gas dealer who want to transport your 12.5kg cylinder from Lagos to customers in Kano the cost will be high but you can compress gas in 20 cylinders to fit into one cylinder and transport you save some cost. Then when you get to Kano you will have to regasify that 12.5kg cylinder using regasification equipment to get your initial 20 cylinders volume. It's like soaking dry Kilishi in water to get bigger cow meat. Remember that all the equipment from the liquefaction plant to the ship to the regasification plant will still require energy from either fuel or gas. Compare this to the Kano customer buying gas from Niger Republic pipeline as it comes out from the soil without all the above processes straight to his house. Which of them will sell cheaper the seller in Lagos or the one in Niger Republic? 5 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Dpharisee: 12:12pm On Mar 30, 2022 |
Hotice085:It's not private in the West, only five corporation control the news in America and the owners control the US Govt 4 Likes |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by toprealman: 12:12pm On Mar 30, 2022 |
This way is between Russia and the west. Te way Nigerians are going about it with the same passion they para over EU clubs is laughable. If only Nigerians can channel a fraction of same energy to fight bad governance in Nigeria......won't we be better off? |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Invitationn: 12:15pm On Mar 30, 2022 |
Johnrake69:Invading Russia is not supposed to be 'hardship' you mean? |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by DerrickzB: 12:20pm On Mar 30, 2022 |
MT: Bro, Russia has been sanctioned, why should they respect any contract Drag them to court?? Who would carry a Russian to be present in the court They’d seize their gas and Europe would freeze between months bro!! |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by Invitationn: 12:22pm On Mar 30, 2022 |
SKIBiNSKI:Naigeria?? What country is that again? |
Re: Ukraine: What Will Happen If EU & NATO Countries Refuse To Pay For Russia's Gas? by SKIBiNSKI(m): 12:24pm On Mar 30, 2022 |
Invitationn:Some where in boko haram, Ipob, looting, bandit and bombing land. |
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