“Ruble and Yuan Overtaking US Dollar in Russia: Impact and Implications”

Jakarta – The United States (US) currency, namely the dollar, is increasingly being pushed aside in Russia. The country led by Russian President Vladimir Vladimirovich Putin now receives a lot of its currency, the ruble and China’s currency, Yuan. The Chinese government indeed imports a lot of gas and crude oil from Russia. Deputy Prime … Read more

Putin is getting ready to ‘throw away’ the dollar, other countries to follow?

Jakarta, CNBC Indonesia – Russia was cornered by Western countries due to the war carried out on Ukraine. Various sanctions were also given to the country led by Vladimir Putin. Starting from trade sanctions, finance, to individuals. From the financial sector, at least seven Russian banks and institutions were excluded from the international banking information … Read more

“Agreed with the federal government”: Uniper and RWE are switching payments to Russia

“Coordinated with the federal government” Uniper and RWE switch payments to Russia May 31, 2022 at 9:28 p.m – Russia has already turned off the gas supply to some companies. Uniper and RWE continue to receive supplies from Gazprom. According to their own statements, the groups have changed their payment method accordingly. However, it does … Read more

These 4 European countries refuse to pay for Russian gas in rubles, what happens?

loading… President Vladimir Putin’s demand for unfriendly label countries to pay for Russian gas in rubles is a weapon against Western sanctions. But these 4 European countries rejected it. Photo/Doc JAKARTA – President Vladimir Putin’s demands for countries that are labeled unfriendly to pay Russian gas with rubel become a weapon against Western sanctions. Putin’s … Read more

Putin’s shrewdness when he obliged to pay for Russian gas using rubles

KOMPAS.com – President Russia Vladimir Putin request payment gas in currency rubel purchased by hostile countries from April 2022, as a result of the military conflict in Ukraine. The hostile countries that Putin is referring to are those that showered Russia with a series of sanctions for its military invasion of Ukraine. It is known, … Read more

Putin’s New Kick, Will Export Energy to the South-East Market

Jakarta, CNBC Indonesia – Russian President Vladimir Putin said his country wanted to focus its exports on “fast-growing markets”, namely countries in the south and east of Russia, in the near future. The 69-year-old leader warned that “attempts by Western countries to blackmail” Russian suppliers “will inevitably affect the entire world economy.” “Export diversification needs … Read more