Tag: embargoes

Ruble gas payment Deadline Nears: G7 Countries may refuse to pay ‘On Principle’ – Europe to be ruined but ‘Biden is Laughing’

Tina Marie (Ms. Cat)
European ruin will be a giant bonanza for the US gas and oil, industry

Following “illegitimate decisions” by several Western nations to freeze Russian assets, Putin ordered to accept payment for natural gas supplies to “unfriendly countries” only in rubles.

Ruble gas payment Deadline Nears: G7 Countries may refuse to pay ‘On Principle’ – Europe to be ruined but ‘Biden is Laughing’

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply + More

Tina Marie (Ms. Cat)

OPEC chief says there’s ‘no capacity in the world’ that could replace Russia’s 7 million barrels a day in oil supply (Archived)

Related:

The House voted to ban the import of Russian oil even though Biden already banned it by executive order

Bank of America predicts that a ban on Russian oil exports could push prices as high as $200 a barrel – and breaks down why this could trigger a global recession or stock market crash

But the strategists noted that the status of the United States as an energy independent country – meaning it produces as much energy as it consumes – could mitigate the impact of this. US-listed oil stocks Exxon Mobil and Chevron were both up by just under 1% Monday.

The Battle of Ukraine and the War It’s Part Of

Tina Marie (Ms. Cat)

The Battle of Ukraine and the War It’s Part Of

The Russian military is not the Red Army, but the forces opposing it areinclusive of a revanchist army of Hitlerian fascism. The principal actors in this conflict are, on the one side, a rising oligarchic capitalist state trying to create a multipolar world in which it and other rising, (including self-identified socialist) countries can act and grow unconstrained by the hegemon, and, on the other, an oligarchic capitalist and hegemonic imperialist state, plus Nazis. I’m not a fan of either of them, but I know whom I don’t want to win.

And so does China. And Venezuela. And Nicaragua. And Cuba.

If there’s a way out, it’s with them.

Related:

BLACK BOX DEFENCE FOR THE RUSSIAN ECONOMY – DOLLAR DEBT REPAYMENTS BLOCKED; GAS AND OIL DELIVERIES TO GERMANY STOPPED; OLIGARCH ASSETS NATIONALIZED

In general, much remains to be done to strengthen national sovereignty in the economy. American sanctions are the agony of the outgoing imperial world economic system based on the use of force. In order to minimize the dangers associated with it, it is necessary to accelerate the formation of a new – integral – world economic order which restores international law, national sovereignty, equality of countries, diversity of national economic models, principles of mutual benefit and voluntariness in international economic cooperation.”