Posted on 03/31/2022 8:06:19 AM PDT by Mariner
Russia will cut off gas supplies to Europe if countries refuse to pay in roubles, Vladimir Putin has warned.
The Russian leader said he had signed a decree saying customers must pay in the local currency from tomorrow or their contracts will be terminated. The G7 has previously rejected the demand.
In televised comments, Putin said buyers of Russian gas should open accounts in Russian banks, adding that the move was an important step in strengthening the country’s ailing economy.
European gas prices reversed earlier losses and pushed higher amid fears Europe could abruptly lose its bigger source of natural gas supplies.
Putin's doubling down marks a reversal from earlier today, when both Germany and Italy said they'd received assurances from the Russian president that buyers could continue to pay in euros.
(Excerpt) Read more at yahoo.com ...
No deal.
Rubles only.
Or no gas.
This should be very interesting.
File this under: “You should have listened to Trump when you had the chance.”
I wonder if the EU countries actually thought they could make financial war on Russia and not expect Russia to react.
The Euros asked for this by going “green.” And Trump warned them about it repeatedly.
I have lots of popcorn, Vlad. Please do it!
Somebody should contact Europe’s energy expert, Greta Thunberg. She’ll know what to do.
And if Thunberg is not available, no worries. Just put up more windmills, stat.
At no point until now has Russia attempted to use gas as leverage. ONLY after this absurd and oppressive sanctions regime was been put into place did Russia decide to make a change. Even so, the gas will still flow at the agreed-upon prices. The EU countries simply must endure the humiliation of having to pay in Rubles. The lesson for the EU is: "you reap what you sow".
Send them blankets
“I wonder if the EU countries actually thought they could make financial war on Russia and not expect Russia to react.”
I assure you they never gave it a thought.
It was an act of passion, not reason.
Pooty throwing a hissy fit must mean things are worse than is being reported. Probably none of his Yes men have yet told him how screwed up their finances are.
Good for Russia.
Trump warned them not to make this deal and be dependent on Russia for energy.
If only there were another source of natural gas for Europe...
With our dollar becoming more worthless everyday, Biden will have to start paying the Ruskies with our gold.
“This new dawn in America is the moment we’ve been awaiting for so long,” European Commission President Ursula von der Leyen said, hailing Biden’s arrival as “resounding proof that, once again after four long years, Europe has a friend in the White House.”
“The United States are back, and Europe stands ready to reconnect with an old and trusted partner to breathe new life into our cherished alliance,” she told EU lawmakers, hours before Biden was to be sworn in at his inauguration ceremony in Washington.
[snip]
Ha! Ha!
Russia will pay in Euros. Gasprom will convert it to rubies
Putin just tied the Rouble to gold. So paying in roubles is the same as paying in gold.
Sadly Russia is the only place on earth where there is natural gas. No other nation on earth has any... if Russia says no, the world must go without. Same with fertilizer. No other nation on earth has any, only Russia. Evidently. /s
Russia has the oil and gas.
Putin is playing chess while Western Europe is howling at the moon and throwing checkers around the room.
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