overlord
democide
wwiii
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04/28/2022
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By Ethan Huff
Germany signals support for “gradual” EU ban on Russian oil after Moscow rejects gas payments from seized trading firm
For the first time, Germany says it is now ready to impose a “gradual ban” on Russian oil amid the ongoing conflict in Ukraine. After Russia refused to accept a payment from a trading firm that Germany seized from Moscow’s control following its invasion of Ukraine, the European Commission is escalating the situation further by […]
04/22/2022
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By Ramon Tomey
Chinese state-owned oil firm plans to drop assets in the West for fear of economic SANCTIONS
An oil company owned by the Chinese government announced plans to drop its assets in Western countries for fear of sanctions that may be imposed on it. Industry sources confirmed to Reuters in late March that China National Offshore Oil Corporation (CNOOC) is preparing to divest its operations in the U.S., U.K. and Canada due to the […]
04/20/2022
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By Ethan Huff
Starting next week, EU will impose full embargo on Russian oil, sending prices above $185 a barrel: JPMorgan
Following the French election this upcoming weekend, the European Union (EU) is reportedly planning to impose a full embargo on all Russian oil, which JPMorgan says will drive the oil price beyond $185 a barrel. To minimize public support for Marine Le Pen, the EU is apparently waiting until after the second round of voting […]
04/08/2022
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By Kevin Hughes
UK unable to pay for Russian gas after imposing sanctions on Russia’s Gazprombank
The United Kingdom is now unable to pay for Russian gas after President Vladimir Putin’s order that this commodity must be paid for in rubles. It is the consequence of enforcing sanctions on Russia’s Gazprombank, through which payments for Russian natural gas are made. Foreign currencies can be changed to rubles on the Moscow Exchange for Gazprom customers, but […]
04/05/2022
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By News Editors
Russia is quietly making the case for owning gold
Russia has quietly made the case for owning gold. (Article republished from SchiffGold.com) The head of the Russian Parliament, Pavel Zavalny, made comments recently addressing the subject of economic and financial sanctions. It’s clear that gold is playing a large role in protecting Russian wealth. That role may get bigger and it could create a paradigm shift in […]
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 […]
04/04/2022
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By JD Heyes
IT BEGINS: Russian gas giant halts shipments to Europe through key pipeline after German CEO warns of impending economic “catastrophe”
Economic fallout between Russia and the rest of Europe worsened on Saturday after a Russian energy giant decided to cut off natural gas to the continent that flowed through a major pipeline. The action by Gazprom to shut down the Yamal-Europe pipeline, a crucial artery for energy flows, came just a day after European countries […]
04/04/2022
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By News Editors
‘Rublegas:’ the world’s new resource-based reserve currency
Saddam, Gaddafi, Iran, Venezuela – they all tried but couldn’t do it. But Russia is on a different level altogether. (Article by Pepe Escobar republished from TheCradle.co) The beauty of the game-changing, gas-for-rubles, geoeconomic jujitsu applied by Moscow is its stark simplicity. Russian President Vladimir Putin’s presidential decree on new payment terms for energy products, predictably, was […]
04/01/2022
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By Ethan Huff
If buyers won’t pay for gas exports in rubles, Putin will HALT the pipelines
In an urgent March 31 announcement, Russian President Vladimir Putin warned the West that if payments for energy exports are not made in rubles, those exports will be halted effective April 1. Since NATO sanctions do not allow Russia to use dollars or euros, there is no use accepting these currencies as payment for Russian […]
03/31/2022
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By Ramon Tomey
Saudi Arabia may increase oil prices amid Russia-Ukraine war
Saudi Arabia may increase the price of its crude oil as the repercussions of the Russia-Ukraine war are felt throughout global markets. An assessment by Bloomberg found that state-owned petroleum company Saudi Aramco may raise the selling price of its flagship Arab Light crude to $5 a barrel in Asia. The news outlet added that the price increase […]
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