Well then, I guess the Chinese can buy the gas and Europe will use solar panels and windmills.
From Putin: “No pay — no gas.”
“all G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts.”
That’s damned funny. /s
Dreams of sugar plum ruble fairies just got dashed in the heads of tbe Pooties.
Wait til next winter. I predict Germany will crumple.
So the G7 can go without gas.
The Chinese will be glad to buy it.
A**, grass and gas. Nobody rides for free.
So they go without gas, who cares if they freeze to death in the name of Global Warming.
Leaning on “contracts” after the bank stole their clients’ money is laughable. I think this is a nice blow to the one world currency for the time being. These crooks would love to be able to steal peoples money without consent (see Trudeau)
You gotta love it, the Germans along with all the other Western Countries have cut Russia off from all their foreign currency reserves, Russia’s only response is to say you want our gas, you pay us in Rubles, Germany comes back and says no.
Good luck with that, especially with China buying up Russia oil and gas.
March 31st: Today, Putin issued a directive to formalize the new rules by that date.
There is no reasons for the Europeans to worry... they still have some forests, lots of wooden buildings. Plus libraries, paper burns too.
Often what is in the news is intended to obscure what is "not" in the very same news. Sins of omission, so to speak.
What the Associated Press reports from the "Group of Seven" is a matter of currency. Now comes the unasked and unreported question.
In what currency and at what exchange rate and through what currency transfer mechanism will they pay?
Pay they will. It is only a matter of time.
In the meanwhile, broadcast the "nudge" that they WON'T PAY! In rubles. Euros, eh? Maybe dollars?
Irrespective of political stances and opinions, money is fungible. If it can't go one way, it will go another way. What is not fungible is energy; it is either on or off. That's what the Associated Press and the Group of Seven didn't mention....
That sounds tough and all but what will they do when Russia turns off the gas?
This is the consequence of making themselves so dependent on Russia to meet their energy needs. Trump warned them. They just laughed.
If I have to prepay at the pump, the Germans should too.
They’ll simply use third parties to route the money in the way that Putin demands, they have no choice.
Then again, at the time, it wasn't generally known that "the steal" was in play to install Biden, who shut down the lever which the US could have used to counter. Funny how that works.
Putin should come back and demand payment in Bitcoin.
That would be fun to watch.
(I am kidding…but it would be fun.)
Maybe they’re counting on Global Warming to heat things up so they won’t need Russia’s gas?
The German government just told the people to wear more sweaters if they’re cold.