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Germany, Italy agree to pay for Russian gas in rubles

 
Doomsday22
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05/21/2022 06:19 AM
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Germany, Italy agree to pay for Russian gas in rubles
Germany and Italy have allowed national companies to open ruble accounts in Russia’s Gazprombank to comply with the new natural gas payment scheme and avoid a supply cut-off, Reuters reported on Friday, citing sources.

The move comes after Poland, Bulgaria and most recently Finland refused to accept Russia’s new payment mechanism, resulting in gas flows from Russia being halted.

According to the outlet, the move was approved by Brussels after discussions with the European Commission and is not considered a breach of the sanctions that the EU placed on Moscow over the conflict in Ukraine.

Russia’s new payment scheme requires gas buyers from “unfriendly” countries that have placed sanctions on Russia to open accounts in Russia’s Gazprombank. They can then deposit funds in their currency of choice, which the bank converts to rubles and transfers to Gazprom.

[link to www.rt.com (secure)]
Doomsday22
Sharon Cherries

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05/21/2022 06:20 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Smart
Anonymous Coward
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05/21/2022 06:24 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
The next smart step is to say to America "GTFO of our politics."
BoneTrout

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05/21/2022 07:25 AM

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Re: Germany, Italy agree to pay for Russian gas in rubles
the first nations in will be flying high as the ruble get more valuable. Now they will have a surplus in rubles as the price of gas becomes less rubles.

These nations that wait will end up paying higher prices for rubles and basically screwing themselves.

Last Edited by messagehalted on 05/21/2022 07:25 AM
All my post are theatrical artistic writing .
Dogma!
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05/21/2022 07:49 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
I moved my portfolio into rubles, strange times indeed.

Waiting for BTC bottom confirmation and then maybe buy back.
BoneTrout

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05/21/2022 08:02 AM

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Re: Germany, Italy agree to pay for Russian gas in rubles
I moved my portfolio into rubles, strange times indeed.

Waiting for BTC bottom confirmation and then maybe buy back.
 Quoting: Dogma! 83306519


The BTC bottom in rubles will probably be around 20k rubles while remaining at 30k usd. Maybe even less in rubles.

It will probably be a catastrophic drop in btc to ruble at some point after the 10 cent ruble.

Last Edited by messagehalted on 05/21/2022 08:05 AM
All my post are theatrical artistic writing .
BoneTrout

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05/21/2022 08:24 AM

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Re: Germany, Italy agree to pay for Russian gas in rubles
Even with all that said Russians can still have a negative consequences to a more valuable ruble.

Because everything is relative in the money and commodity markets the people in Russia making a couple hundred thousands of rubles a week could lose their jobs. If the ruble shoots to 1 for 1 usd the gas and oil prices wont allow for big ruble paychecks. Then a barrel of oil in rubles will be relative to the price of oil and gas in usd.

This will cause revaluation of wages at all Russian companies. Russians will have to take less rubles per week in pay or be laid off.

Poor Russians with no money in the bank will feel it the worst. Yes the prices of goods will be less rubles if you can get them. Then comes the u.s debt markets into Russia to feed their poor. The cycle starts all over again.

This means if any Russian has money in markets to the tune of millions of rubles then they should probably dump. Because these types of things can go parabolic quick and make Russians lose all their money.

If Europe starts to buy rubles and runs the value up the markets will dump fast and wages will go down in Russia. This could lead to catastrophic outcomes for working Russians.

You cant make 100k ruble a week when the price of Russia oil is 150 rubles a barrel.

Once Europe grows a brain you can bet they wont allow slow revaluation. They will dump massive amounts of usd on the ruble. Once its done it is done also. It wont be less valuable over night.

Now you got Russians with 100k loans even millions in loans in rubles and home mortgages. All these things wont change but you will only be making 1200 rubles a week.

Last Edited by messagehalted on 05/21/2022 08:53 AM
All my post are theatrical artistic writing .
BoneTrout

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05/21/2022 09:23 AM

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Re: Germany, Italy agree to pay for Russian gas in rubles
Thats pretty much how you know its all planned together by all nations involved .

Because if this was really a war action then there are multiple ways Europe would be active in it. Any super fast revaluation has consequence up or down.

If its not planned then Europe intelligence and operations officers on economic warfare arent very smart.

Last Edited by messagehalted on 05/21/2022 09:25 AM
All my post are theatrical artistic writing .
Anonymous Coward
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05/21/2022 10:55 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
bidendid
Anonymous Coward
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05/21/2022 11:01 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
And, they have to practice the Saber dance!

It’s a requirement!

bundy-0k0k
Anonymous Coward
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05/23/2022 05:00 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
bump
Anonymous Coward
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05/23/2022 05:01 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
bump
Anonymous Coward
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05/23/2022 05:03 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Thwy need to be developing nuclear and other power sources so this doesnt happen again.

How do these idiots put them in a position to depend on their enemies for survival.

Fucking morons.
Anonymous Coward
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05/23/2022 05:09 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
g0mer-surprise
Anonymous Coward
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06/07/2022 12:45 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Germany and Italy have allowed national companies to open ruble accounts in Russia’s Gazprombank to comply with the new natural gas payment scheme and avoid a supply cut-off, Reuters reported on Friday, citing sources.

The move comes after Poland, Bulgaria and most recently Finland refused to accept Russia’s new payment mechanism, resulting in gas flows from Russia being halted.

According to the outlet, the move was approved by Brussels after discussions with the European Commission and is not considered a breach of the sanctions that the EU placed on Moscow over the conflict in Ukraine.

Russia’s new payment scheme requires gas buyers from “unfriendly” countries that have placed sanctions on Russia to open accounts in Russia’s Gazprombank. They can then deposit funds in their currency of choice, which the bank converts to rubles and transfers to Gazprom.

[link to www.rt.com (secure)]
 Quoting: Doomsday22


epiclol

putin-thiss
Anonymous Coward
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06/07/2022 01:01 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Didnt the News Media say Russian Troops were running out of fuel and food in 3 days?

[link to www.the-sun.com (secure)]


How is Russia selling Oil?

Oh wait the News Media does lie

Look at the date of that article

Keep listening to thw news Media and keep supporting the next current thing
Anonymous Coward
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06/07/2022 01:02 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Didnt the News Media say Russian Troops were running out of fuel and food in 3 days?

[link to www.the-sun.com (secure)]


How is Russia selling Oil?

Oh wait the News Media does lie

Look at the date of that article

Keep listening to thw news Media and keep supporting the next current thing
 Quoting: Anonymous Coward 74498736


In too weaks
vecchiogamer

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06/07/2022 01:09 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Thwy need to be developing nuclear and other power sources so this doesnt happen again.

How do these idiots put them in a position to depend on their enemies for survival.

Fucking morons.
 Quoting: Anonymous Coward 71031437


russia isnt europe enemy as usa .... real ppl have an antiusa sentiment... not against usa ppl .. but against usa governament
vecchiogamer
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06/07/2022 01:10 AM

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Re: Germany, Italy agree to pay for Russian gas in rubles
https://imgur.com/ZAKEKQq

Today was just a day, tomorrow is gonna be better.



Anonymous Coward
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06/07/2022 01:34 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Oh wait the News Media does lie
 Quoting: Anonymous Coward 74498736


The Karen-Gestapo Liberals of the West are no less fucked in the head than the Karen-Gestapo Liberals of the former hard-left Soviet Union are or were. With the ultra-left of PCC China pulling up the rear.

Thanks, Liberals! You're the best.
Anonymous Coward
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06/07/2022 01:52 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
bsflagbsflagbsflag

Not true
Anonymous Coward
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06/07/2022 01:55 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Germany and Italy have allowed national companies to open ruble accounts in Russia’s Gazprombank to comply with the new natural gas payment scheme and avoid a supply cut-off, Reuters reported on Friday, citing sources.

The move comes after Poland, Bulgaria and most recently Finland refused to accept Russia’s new payment mechanism, resulting in gas flows from Russia being halted.

According to the outlet, the move was approved by Brussels after discussions with the European Commission and is not considered a breach of the sanctions that the EU placed on Moscow over the conflict in Ukraine.

Russia’s new payment scheme requires gas buyers from “unfriendly” countries that have placed sanctions on Russia to open accounts in Russia’s Gazprombank. They can then deposit funds in their currency of choice, which the bank converts to rubles and transfers to Gazprom.

[link to www.rt.com (secure)]
 Quoting: Doomsday22


2022.06.05 What Happens To Europe When Russia Wins


Gonzalo predicts European countries will break with the US and align with Russia, for the simple reason Europe cannot survive without Russia, and the US does not have the money and resources to keep Europe a float.

Anonymous Coward
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06/07/2022 01:56 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
The next smart step is to say to America "GTFO of our politics."
 Quoting: Anonymous Coward 83340737


hesright
Anonymous Coward
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06/07/2022 02:00 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Thats pretty much how you know its all planned together by all nations involved .

Because if this was really a war action then there are multiple ways Europe would be active in it. Any super fast revaluation has consequence up or down.

If its not planned then Europe intelligence and operations officers on economic warfare arent very smart.
 Quoting: BoneTrout


Maybe European intelligence officers suffer from epistemic viciousness

2022.06.06 Epistemic Viciousness

Anonymous Coward
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06/07/2022 02:12 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Europe started sucking cock to the US. Now, they will start sucking cock to RUSSIA.

Oh, well, BITCHES!
Anonymous Coward
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06/07/2022 02:12 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Europe started sucking cock to the US. Now, they will start sucking cock to RUSSIA.

Oh, well, BITCHES!
Anonymous Coward
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06/07/2022 02:19 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Ha ha ha ha ha ha ha ha! Ahem, ha ha ha ha ha!

The shit that the "west" has been cramming down the Rsskies throat for 30 years make the Russians the good guys in this whole stinking mess. I hope NATO falls apart. It had a worthy reason for existence while the USSR stood but has gone totally rogue since the fall of the USSR.

Pray for Putin. Pray for the hanging of Zelensky.
Anonymous Coward
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06/07/2022 03:37 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
I think a fight is about to break out in Europe.
The tap and the pipe are one.
How will they divide the gas? I'm not sure that the gas will reach Germany and Italy, which will pay for it.
thinking...

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06/07/2022 03:43 AM

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Re: Germany, Italy agree to pay for Russian gas in rubles
Thats pretty much how you know its all planned together by all nations involved .

Because if this was really a war action then there are multiple ways Europe would be active in it. Any super fast revaluation has consequence up or down.

If its not planned then Europe intelligence and operations officers on economic warfare arent very smart.
 Quoting: BoneTrout


Maybe European intelligence officers suffer from epistemic viciousness

2022.06.06 Epistemic Viciousness


 Quoting: Anonymous Coward 83569255


WTF, I tried to reply but my post was blocked so I had to screen shot it. This is ridiculous. What in this would be blocked here???

https://imgur.com/7xwryVi

[link to imgur.com (secure)]
In his poem Human Pride, Marx admits that his aim is not to improve the world, reform or revolutionize it, but simply to ruin it and enjoy it being ruined:

With disdain I will throw my gauntlet full in the face of the world,
And see the collapse of this pygmy giant whose fall will not stifle my ardor.
Then will I wander godlike and victorious through the ruins of the world
And, giving my words an active force, I will feel equal to the Creator.

“Looking for consciousness in the brain is like looking in the radio for the announcer.”

– Nasseim Haramein, Director of Research for the Resonance Project


Normalize every aberrant behavior, bring common all deviancy and let fly the reins of morality and reason, then welcome in that utopia that liberals embrace called communism, that which most Americans with but a shard of ethic would immediately recognize as evil.
 Quoting: judahbenhuer
Anonymous Coward
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06/07/2022 03:47 AM
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Re: Germany, Italy agree to pay for Russian gas in rubles
Putin won on day one.
thinking...

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06/07/2022 03:50 AM

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Re: Germany, Italy agree to pay for Russian gas in rubles
I think a fight is about to break out in Europe.
The tap and the pipe are one.
How will they divide the gas? I'm not sure that the gas will reach Germany and Italy, which will pay for it.
 Quoting: Anonymous Coward 67360746


Yeah, I've wondered about that. It's not like there's an individual unique pipeline for each EU member state and who's to say that when one country is cut off they won't steal from the main line, like Ukraine does?
In his poem Human Pride, Marx admits that his aim is not to improve the world, reform or revolutionize it, but simply to ruin it and enjoy it being ruined:

With disdain I will throw my gauntlet full in the face of the world,
And see the collapse of this pygmy giant whose fall will not stifle my ardor.
Then will I wander godlike and victorious through the ruins of the world
And, giving my words an active force, I will feel equal to the Creator.

“Looking for consciousness in the brain is like looking in the radio for the announcer.”

– Nasseim Haramein, Director of Research for the Resonance Project


Normalize every aberrant behavior, bring common all deviancy and let fly the reins of morality and reason, then welcome in that utopia that liberals embrace called communism, that which most Americans with but a shard of ethic would immediately recognize as evil.
 Quoting: judahbenhuer





GLP