Category: Rubles

Russian Deputy PM Says Several Buyers Agree to Pay in Rubles for Russian Gas

April 15, 2022
Alexander NovakBusiness & Economycommoditieseconomic policieseconomyenergyEuropeGasMarketsRublesRussiaRussia-Ukraine WarWorld
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Several buyers of Russian gas have agreed to switch to payments in rubles, Russian Deputy Prime Minister Alexander Novak said on Friday. “We expect the decision (to switch to roubles) from other importers,” he added, in comments published in the ministry’s in-house magazine. He did not disclose the identities of customers who had already switched….

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Hungary Says Rubles-for-Russian Gas Plan Breaches No EU Sanctions

April 11, 2022
Business & Economycommoditiescrisiseconomic policieseconomyEUEuropeGasHungaryMarketsRublesRussiaRussia-Ukraine WarsanctionsUkraineWorld
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BUDAPEST—Hungary plans to pay for Russian gas in euros through Gazprombank, which will convert the payment into rubles to meet a new requirement set by President Vladimir Putin, Foreign Minister Peter Szijjarto said on Monday. Putin has warned Europe it risks having gas supplies cut unless it pays in rubles as he seeks retaliation over…

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Bird Flu Sends Egg Prices Soaring; New Bills Aim to Boost Domestic Clean Energy | NTD Business

April 8, 2022
Avian fluEggEpochTVLive VideoslockdownNTD BusinessRublesRussiaShanghaiVideo
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More pain at the grocery store. Egg prices soaring, as the avian flu forces farmers to kill millions of hens. Russia lowering its interest rate, by three-percent. A sign that its economic policies are having an effect. Shanghai facing a food dilemma amid the lockdown. Even Chinese billionaires are struggling. The first private astronaut mission to the International Space…

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Russia Nears Default After US Blocks Bond Payment, Moscow Vows to Pay in Rubles

April 6, 2022
bondsBusiness & Economyeconomic policieseconomyEuropeInvestmentRublesRussiaRussia-Ukraine WarUSWorld
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Russia is inching closer to a technical default on its international debt after foreign banks had declined to process payments of more than $600 million this week. The United States prevented Moscow from completing dollar-denominated debt payments to bondholders from reserves parked at American banks, noting that the Kremlin had to choose between exhausting its…

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Slovakia Economy Minister Says Country Willing to Pay for Russian Gas in Rubles

April 3, 2022
EuropeNatural gasRublesRussiaRussia-Ukraine WarSlovakiaUSWorld
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Slovakia cannot stop buying natural gas from Russia and is willing to pay in rubles as demanded by Moscow, said the central European country’s top economy official. The statement comes days after Russian President Vladimir Putin ordered ruble payments for natural gas purchases by companies registered in “unfriendly” countries. Slovakia, which imports approximately 87 percent…

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Lithuania Ceases All Russian Gas Imports

April 3, 2022
Business & Economyeconomic policieseconomyEuropeLithuaniaMarketsRublesRussia-Ukraine Warrussian gasWorld
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Lithuania has stopped all Russian gas imports, becoming the first country in the European Union to do so. The country’s gas transmission system has been operating without Russian gas imports since the start of the month, the Lithuanian Energy Ministry stated on April 2. Minister of Energy Dainius Kreivys said that Lithuania is the first EU…

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Putin: ‘Unfriendly’ Nations to Pay for Gas in Rubles; Wall St Bonuses Hit Record High | NTD Business

March 23, 2022
climateEpochTVLive VideosNatural gasNTD BusinessRublesRussiaSECVideo
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Russian President Vladimir Putin pushing back against Western sanctions. He says “unfriendly” countries will have to start buying Russian energy with Rubles. A former SEC chair speaking out against the new climate proposal. He says the SEC is overstepping its authority. Cryptocurrency is coming to the next FIFA world cup. but crypto’s still banned in the host country. Honda unveiling…

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