Dollar and euro trade halted on Russia's biggest exchange due to new U.S. sanctions

CNBC ^ | 6/12/2024 | Reuters

[marcusmaximus]

New U.S. sanctions against Russia will shut down trading in dollars and euros on its leading financial marketplace, the Moscow Exchange, the bourse and the central bank said on Wednesday.

"Due to the introduction of restrictive measures by the United States against the Moscow Exchange Group, exchange trading and settlements of deliverable instruments in U.S. dollars and euros are suspended," the central bank said.

-snip-

The bank rushed out a statement, despite a public holiday in Russia, to reassure people that their dollar and euro bank deposits were secure.

"Companies and individuals can continue to buy and sell U.S. dollars and euros through Russian banks. All funds in U.S. dollars and euros in the accounts and deposits of citizens and companies remain safe," it said.

[tennmountainman]

More SPAM.

[thinden]

Heads up

Get your money right

[Bratch]

Russian Yasen-Class Nuclear Submarine “Kazan” Along With 3 Warships Arrive in Havana, Cuba

June 12, 2024 | Sundance | 107 Comments

Today, June 12th, is Russia Day, a national holiday in the Russian federation.  The symbolism of the intentionally timed events happening today seems to be lost on most western media.

A Russian Yasen-class nuclear submarine named “Kazan” arrived in Havana, Cuba today after piloting through the Florida straits.  Watching a massive nuclear submarine sail into Havana is something extraordinary considering all the provocations taking place between the USA and Russia surrounding the conflict in Ukraine.

Additionally, in a counteraction to provide clarity to the intents and economic purposes of the Biden administration (DoS, CIA and IC), today the Treasury Dept announces new 2nd round sanctions against Russia.   However, in comparative terms, the physical appearance of a nuclear-powered Russian submarine and a set of accompanying warships carrying hypersonic cruise missiles approximately 30 miles from the USA mainland, is a little more dramatic than western saber rattling about sanctioning two Russian banks, Sberbank and VTB.

The Russian submarine fleet, and specifically the Yasen-class submarine group, is the tip of the spear against any military force the USA might choose to deploy in Eastern Europe.  Russian President Vladimir Putin is essentially signaling the people behind Joe Biden that he is willing to participate in the provocation approach.

The USA provoked Russia by moving NATO ever closer, including inside Ukraine.  Now we see Russia provoking NATO by moving a nuclear capable fleet into position just a few miles from the USA coast.  This follows the recent EU election where one of the key messages from the crushing of the pro-war leftists, was an EU citizenry rebuking the possibility of war with Russia.

The EU populists know Ukraine is a proxy fight driven by the United States and they do not want to participate.  The European Union leadership wants war and leftist policy, the European Union citizens want peace and increased national sovereignty.  The two EU political preferences are diametrically in conflict.

NATO and the proverbial western financial system (WEF group) want to block Russia, China, Iran and the growing economies from impeding with their carbon-trading schemes.  The dollar-based digital currency is the largest operational hurdle in the process of creating a system of control based on energy use.

Digital identities and digital currencies are the predicate for digital control of the population.  Thus, if you chase the Russian sanctions to their origination point, the motive you will find was/is essentially “the west” building a wall around the dollar-based global trade and finance system.  Conflict with Russia set up the justification.

Yes, that is correct; we are heading straight into another banker’s war.

• See Russian submarine spotted near Cuba

• JUST IN: Pentagon Holds Press Briefing As Russian Warships Approach Cuba Coast

[aMorePerfectUnion]

It’s the never-ending story!

[jacknhoo]

“Digital identities and digital currencies are the predicate for digital control of the population. Thus, if you chase the Russian sanctions to their origination point, the motive you will find was/is essentially “the west” building a wall around the dollar-based global trade and finance system. Conflict with Russia set up the justification.”

______________________

That explains John Kerry:

How to ‘feel better’ about Ukraine (according to John Kerry)
By Jeff Jacoby Globe Columnist,Updated March 12, 2024, 2:29 p.m.

Excerpt:

Last Tuesday, while preparing to step down as the Biden administration’s climate envoy, Kerry told journalists that people would “feel better” about Vladimir Putin’s savage and bloody invasion of Ukraine if only Russia would lower its carbon-dioxide emissions.

No, seriously. He really said that. The 31,000 Ukrainian soldiers and nearly 11,000 civilians killed; the deliberate bombing of Ukrainian hospitals, schools, and apartment buildings; the corpses strewn in the streets and stuffed into mass graves in Bucha; the veiled threat to resort to nuclear war if the West keeps supporting Ukraine — Kerry is sure they would all trouble the world less if only the Kremlin put more effort into combating climate change.

“If Russia wanted to show good faith, they could go out and announce what their reductions are going to be and make a greater effort to reduce emissions,” Kerry said at the Foreign Press Center in Washington. “Maybe that would open up the door for people to feel better about what Russia is choosing to do at this point in time.”

https://www.bostonglobe.com/2024/03/12/opinion/john-kerry-ukraine-russia-climate-change/

[MeganC]

“Today, June 12th, is Russia Day, a national holiday in the Russian federation.”

That explains why the Putinists are mostly absent today. It’s a holiday in Russia.

[woodpusher]

Biden promised to make Saudi Arabia a "pariah"

https://www.youtube.com/watch?v=e15CVFQQWYc

Biden Vs MBS | Why Saudi Crown Prince Threatened To Punish Washington Economically Amid Tensions

June 9, 2023

Hindustan Times
3m:21s

Saudi Crown Prince Mohammed Bin Salman threatened to harm the US economy, according to a post published in the Washington Post citing leaked material. The report said that MBS said this in private after US President Joe Biden warned Saudi Arabia of "consequences" for agreeing to an oil production cut with Russia.

[rxh4n1]

“GREAT NEWS (for you). Eli Lilly will start killing Russian children!!!! By no longer supplying life-saving drugs.”

At least it had the decency to not cheer for the Crocus City terror attack.

[rxh4n1]

Why did they wait so long?

[OpusatFR]

I think the Saudis are balking on the agreement Blinkin proposed. The US demands an all-or-nothing agreement with no wiggle for negotiations. There is an article on CNN but I do not think I can post it on FR. I’ve lost track of what can and what cannot be posted from which website.

https://www.reuters.com/world/blinken-says-us-saudi-pacts-could-be-weeks-away-completion-2024-05-22/

MBS shows he is able to throw sand in the machinery. He has Russia and China to fall back on. And the rest of the BRICS.

[Navy Patriot]

I believe you can post any article from a CNN web address if you excerpt it, hopefully this will help:

Updated FR Excerpt and Link Only or Deny Posting List due to Copyright Complaints

[OpusatFR]

Thanks! Great help.