End of Petro-Dollar Begins, Russia Instructs Central Bank to Organize Payments From Hostile Countries in Rubles

It’s a smart move by Russian President Vladimir Putin.  Facing financial sanctions and economic pressures from the U.S, NATO, EU and western allies, Putin stated today that all oil and gas payments must be made in Russian rubles. The EU has few options as they are reliant upon Russia for energy products oil and gas.  … Continue reading End of Petro-Dollar Begins, Russia Instructs Central Bank to Organize Payments From Hostile Countries in Rubles