Tag: Ruble
Russia’s economy is facing dramatic times
Empty shelves in Moscow The Russian population is feeling the effects of economic sanctions following Vladimir Putin’s (pictured below left) war against Ukraine. (Photo: IMAGO/ZUMA Wire, ddp [M]) Berlin The…
Experts reveal why Russia’s currency has appreciated
Russian ruble coins The currency lost a lot of value after the Russian attack on Ukraine and the sanctions that were then decided. Recently, however, it has revalued significantly. (Photo:…
National bankruptcy is approaching – payments to banks stopped
US Treasury Secretary Janet Yellen US banks are no longer allowed to release Russian government deposits for debt service. (Photo: Bloomberg) New York, Dusseldorf Vladimir Putin shows his cruel and…
Russia justifies ruble conversion of gas supply contracts
Berlin Russia’s leaders justify switching Gazprom’s supply contracts to rubles, claiming Western sanctions are weakening the euro and dollar: The decision to convert payment for Russian gas from non-friendly countries…
Inflation shock in Europe – Morning Briefing Plus
Hello dear readers, If you drive past petrol stations more often these days, or if you are renovating a house (like I am right now) or if you are responsible…
The Curse of the New Bipolar World Order – Handelsblatt Morning Briefing
From China’s point of view, the West has twice signaled blatant weakness. Once with Brexit, on the other hand with the election of the political jumping-in field Donald Trump as…
Putin sows confusion with ruble decree
Kremlin chief Before making his decision, Vladimir Putin also spoke to Chancellor Olaf Scholz and Italy’s Prime Minister Mario Draghi. (Photo: via REUTERS) Berlin Kremlin chief Vladimir Putin has issued…
Putin sows confusion with ruble decree
Kremlin chief Before making his decision, Vladimir Putin also spoke to Chancellor Olaf Scholz and Italy’s Prime Minister Mario Draghi. (Photo: via REUTERS) Moscow Russian President Vladimir Putin says he…
Germany can apparently continue to pay for Russian gas in euros
Moscow According to Russian information, Germany will probably continue to be able to pay for gas deliveries in euros as before. Kremlin spokesman Dmitry Peskov confirmed on Thursday, according to…
Russia pays interest on seven bonds – litmus test to come
Central Bank of Russia The payments are seen as another test of whether the government in Moscow can meet its international obligations and serve investors. (Photo: Reuters) Berlin According to…
Expansion of the ruble claim to all commodities planned
Gas deliveries from Russia Russia demands that western customer countries pay their gas bills in the national currency, the ruble. (Photo: ZB) Moscow According to the Kremlin, the conversion of…
Joe Biden wants to get rid of Putin after all – Handelsblatt Morning Briefing
Legions of PR auxiliaries, colleagues and politicians have tried to retrieve a sentence about Vladimir Putin. US President Joe Biden said on Saturday in Warsaw about the Russian President: “This…
Putin wants to improve his negotiating position with the ruble statement
Vladimir Putin at a meeting in late February Russia’s president has caused nervousness in Europe with his recent announcements. (Photo: dpa) Many observers rub their eyes in amazement. What does…
The West should ignore Putin’s ruble bluff
Shirt with poker face Putin What if the West simply does not respond to the Russian President’s demand for payment in rubles? (Photo: Reuters) Vladimir Putin has a clever idea:…
What Putin’s ruble decision on gas means
Berlin, Frankfurt, Dusseldorf Russia wants to continue supplying gas to the West. But instead of using dollars or euros, the EU, the USA and other Western countries are now to…
Europe and USA forge LNG pact
Joe Biden and Olaf Scholz The agreement is expected to be announced on Friday. (Photo: dpa) Berlin, Brussels, Dusseldorf, Rome Historic summit day in Brussels: First, the heads of state…
Putin wants to improve his negotiating position with the ruble statement
Vladimir Putin at a meeting in late February Russia’s president has caused nervousness in Europe with his recent announcements. (Photo: dpa) Many observers rub their eyes in amazement. What does…
Energy Association calls for an early warning level in the gas emergency plan
Berlin, Dusseldorf The Federal Association of Energy and Water Industries is calling on the federal government to declare the early warning level in the national gas emergency plan. BDEW boss…
Putin wants to improve his negotiating position with the ruble statement
Vladimir Putin at a meeting in late February Russia’s president has caused nervousness in Europe with his recent announcements. (Photo: dpa) Many observers rub their eyes in amazement. What does…
Putin’s ruble decision: economists fear drastic consequences
ruble Vladimir Putin wants the West to pay gas suppliers in rubles. (Photo: dpa) Berlin The order by Russian President Vladimir Putin that EU states and the USA can only…