marketcrash
bitcoincrash
pensions
nationaldebt
bubble
risk
debtcollapse
Vladimir Putin
04/08/2022
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By Kevin Hughes
UK unable to pay for Russian gas after imposing sanctions on Russia’s Gazprombank
The United Kingdom is now unable to pay for Russian gas after President Vladimir Putin’s order that this commodity must be paid for in rubles. It is the consequence of enforcing sanctions on Russia’s Gazprombank, through which payments for Russian natural gas are made. Foreign currencies can be changed to rubles on the Moscow Exchange for Gazprom customers, but […]
04/05/2022
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By Arsenio Toledo
Russia orders “unfriendly” Western nations to pay for most Russian exports with rubles
Russia is expanding its counterattack against Western sanctions by warning that “unfriendly” states may be forced to pay for most Russian exports with rubles. Late last month, Russian President Vladimir Putin began the process of forcing states that have placed sanctions against Russia – “unfriendly” states – to pay for fuel exports with rubles. Refusal […]
04/04/2022
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By JD Heyes
German chemical behemoth warns of country’s “total collapse” if Russian oil, gas is cut off
The economic fallout from Russia’s invasion of Ukraine is continuing to reverberate throughout Europe, though it is hitting some countries far worse than others. That is especially true of Germany, which was reliant on Moscow for the lion’s share of its annual natural gas supply. The U.S. and other Western nations have imposed sanctions on […]
03/31/2022
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By JD Heyes
More countries set to dump dollar holdings following U.S. “theft” of Russian reserves after Ukraine invasion
The Biden regime’s foreign policy team is filled with amateurs and half-wits whose heads are filled with Ivy League nonsense about how the world is supposed to work, as evidenced by the administration’s response to Russia’s invasion of Ukraine. As part of the regime’s economic sanctions package, the Biden administration seized hundreds of billions in […]
03/31/2022
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By JD Heyes
Russia links its ruble to gold in bid to circumvent U.S.-led sanctions and upend the dollar as the global reserve currency
The Russian government under President Vladimir Putin is hitting back at the United States and the West in general by starting a movement away from using the dollar as the world’s reserve currency. Instead, the Kremlin has begun demanding “hard currency” — gold — for purchases of Russian energy products or, as an alternative, countries can […]
03/29/2022
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By JD Heyes
Russia’s Putin declares an end to Western currencies, says world moving towards “real reserves” including “land, food, gold”
Russian President Vladimir Putin is predicting that the world will move away from the U.S.-dominated financial system after Washington, along with Western governments, seized his country’s currency assets as part of their sanctions for invading Ukraine. In a video posted to social media, Putin blasted the “theft” of Moscow’s resources and mocked the notion that […]
03/29/2022
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By Kevin Hughes
Filmmaker Gonzalo Lira: US is committing suicide with its economic sanctions on Russia
Filmmaker Gonzalo Lira thinks the United States is committing suicide when it imposed economic sanctions on Russia. “The United States is committing suicide. And it’s about to embark on a war with China. You don’t see it yet. But it’s there, it’s already happening,” the American novelist said. Lira said people are now going through some […]
03/15/2022
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By News Editors
Catastrophic Inflation: “I’ve never seen prices jump this high, this fast”
This is what the early chapters of an inflationary meltdown look like. Last week, we were informed that “consumer prices were 7.9% higher in February than a year ago”, and that was being touted as the highest figure “in 40 years”. Of course those that follow my website on a regular basis already know that the reality […]
03/14/2022
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By Mary Villareal
Russia likely to default on sovereign debt payments
Russia got another slash in its credit rating on March 8 as Fitch Ratings warned that Moscow is likely to default on its sovereign debt payments. Less than a week after Fitch downgraded Russia to junk status and put Moscow on the “rating watch negative” following its invasion of Ukraine, the agency cut the rating […]
03/10/2022
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By News Editors
Russia bars citizens from buying US dollars, people encouraged to invest in gold
Russia has banned citizens from using rubles to buy U.S. dollars or other hard currencies for a period of six months as the currency spirals into a free fall following Moscow’s war with Ukraine. Banks have been prohibited from selling cash to citizens during this period. However, people can exchange any currency for rubles, any […]
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