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democide
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04/15/2022
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By JD Heyes
U.S.-dominated global financial system facing collapse as China begins buying Russian coal and oil in yuan, not petrodollars
We have been warning since the beginning of Russia’s invasion of Ukraine that one of the negative long-term effects of imposing massive economic sanctions on Moscow would be the dismantling of the U.S. petrodollar-dominated global financial system, and that is exactly what is happening. Not only is Russia continuing to finance its war in Ukraine, […]
04/07/2022
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By JD Heyes
Another lie debunked: Russia set for record earnings in oil, gas in 2022, despite Western sanctions
Whatever you have heard or read regarding the alleged damage U.S.-led Western sanctions are doing to Russia’s economy, you should take them with a grain of salt. In reality, the Russian government is doing fairly well, all things considered, and in fact, Moscow is on pace for a banner year in oil and gas sales, […]
04/05/2022
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By News Editors
President Putin’s full remarks at the oil for ruble announcement
Today I have signed an Executive Order that establishes the rules for trade in Russian natural gas with so-called unfriendly states. We offer counterparties from such countries a clear and transparent scheme. To purchase Russian natural gas, they must open ruble accounts in Russian banks. It is from these accounts that payment will be made […]
03/16/2022
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By Arsenio Toledo
European countries mull increasing investment in fossil fuels to maintain energy security
European countries are considering increasing their investments in fossil fuels to maintain energy security. In recent years, many European countries – as well as nations in other parts of the world – have carried out programs to lessen the consumption of fossil fuels in favor of investing in more renewable energy sources like wind and solar. […]
03/15/2022
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By News Editors
Catastrophic Inflation: “I’ve never seen prices jump this high, this fast”
This is what the early chapters of an inflationary meltdown look like. Last week, we were informed that “consumer prices were 7.9% higher in February than a year ago”, and that was being touted as the highest figure “in 40 years”. Of course those that follow my website on a regular basis already know that the reality […]
03/04/2022
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By Cassie B.
Energy markets in turmoil as European gas climbs 60%
Commodity markets have been experiencing a huge upheaval thanks to President Vladimir Putin’s invasion of Ukraine, with European natural gas rising by as much as 60 percent on Wednesday as Russia’s descent into a commercial pariah continues. Dutch gas, the European benchmark, climbed to a record high of nearly 195 Euros per megawatt-hour at one […]
02/28/2022
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By Cassie B.
Ukraine invasion highlights the need to boost U.S. domestic energy production
As Russia’s invasion of Ukraine rages on, several major American gas and oil industry groups are urging the Biden administration to boost the production of domestic energy. Last week, the price of oil surpassed $100 per barrel, a milestone that hasn’t been seen in nearly eight years, in response to Russia’s offensive against Ukraine. This […]
02/28/2022
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By Kevin Hughes
Global energy crisis escalates to a whole new level
The global energy crisis has just turned for the worse after Russia’s invasion of Ukraine. And that means countries around the world will soon be hit by bigger energy prices. Filling up your vehicle and heating your home is going to be more expensive and the rising costs to move the goods that people buy […]
02/27/2022
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By Arsenio Toledo
Russia selling crude oil at massive discounts as regional conflict turns away regular trading partners
Russia is selling its crude oil at record discount rates as the country prepares for the possibility of tough sanctions from Western nations following the beginning of its war with Ukraine. The crude oil from the oil-rich Ural Mountains region was offered at $11.60 a barrel below Dated Brent, which is one of several internationally […]
01/26/2019
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By JD Heyes
Russia sends 400 armed mercenaries to try to defeat Venezuela’s uprising against the tyranny of socialist Maduro
As Venezuela’s economy continues to collapse and social unrest rises in response to new political instability, Russia has sent hundreds of “mercenaries” to the South American country in support of embattled President Nicolas Maduro. Some 400 mercenaries were arriving in the country as U.S. diplomats and their families were packing up to leave the country […]
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