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Russia Agrees to Accept Euros for Energy Payment, Which Will Be Transacted into Rubles by Gazprombank

Russian President Vladimir Putin and German Chancellor Olaf Scholz will hold further discussions on the purchase of Russian energy products in rubles according to TASS (Russian News) and western media.  However, in the interim Russia will continue accepting payment in euros which will be exchanged for rubles by Gazprom bank.

(left) German Chancellor Olaf Scholz – (right) Russian President Vladimir Putin

The situation is ongoing, as an outcome of the G7 energy minister’s prior emergency meeting on Monday, where they demanded Russia continue accepting both euros and dollars for the payment of Russian gas and oil purchases.  The current short-term resolution to continue accepting euros and dollars may not last long, as Russia is continuing to emphasize their demand that purchasing nations switch to rubles for future contracts.

Despite NATO, the G7 nations and western alliance agreeing to use economic and financial sanctions to block Russia from receiving dollars and euros.  Inside the alliance, there appears to be a fear that if Russia is successful in creating a financial trade system based on rubles, the G7 may lose influence on energy policy via climate change.

Inside the western alliance, the geopolitical control mechanisms that use energy sector development are under stress.  If global oil and gas is not exchanged in euros (European centric) or petrodollars (globally), the ability of the multinational agents to pressure climate change demands will be weakened.

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Ukraine President Zelenskyy Demands Europe Transition to “Green Energy” Quickly

And there it is….. Ukrainian President Volodymyr Zelenskyy delivered a public broadcast urging the allied western nations to quickly adopt “green energy” policies which he says will undermine the influence of Russia in Europe.  If you’ve been following events, this demand is yet another big puzzle piece coming together.  {Go Deep 1, Go Deep 2, and Go Deep 3)

The Recount has the video HERE. I cannot locate the shareable video on any other tech platform, which, given the importance, is not surprising. I doubt any govt in the western world wants to have the dots connected.

In the video Zelenskyy urges the NATO alliance, specifically western Europe, to quickly adopt the Build Back Better climate change agenda as it helps his country.  He advocates for “green energy” as a top priority so that alliance members are not reliant on Russian energy sales.

If it seems a little odd that a president, in the middle of a war zone, would be advocating for the climate change agenda, you are not seeing the big picture.  Ukraine is a crisis that cannot be wasted.  The Green New Deal, Build Back Better, and western nation climate change agenda is far more important than a single proxy war nation.  Ukraine is a tool in the bigger agenda, nothing more.

Volodymyr Zelenskyy is controlled by the western alliance, NATO, Dept of State, CIA and western allied intelligence.  This is part of the reason why Russia took action in the first place.  Zelenskyy has a role to play and pushing the Build Back Better (WEF) agenda, while the opportunity exists, is all part of the organized global cleaving.

Two fractured geopolitical groups globally.

The green energy group (economic globalists), and the fossil fuel group (economic nationalists).

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Did the Globalists Just Flinch on Russian Sanctions in Order to Keep Control of Global Climate Change Goals?

Something odd is happening in the background of the G7 energy ministers’ announcement earlier today.

Remember that moment {HERE} when Canada’s Deputy Prime Minister Chrystia Freeland seemed really uncomfortable and weird at the presser – just 36 hours before the Trudeau administration announced they were going to drop the Emergency Act banking sanctions against the truckers? {Go Deep}

Here is an encapsulation of what’s weird, and you don’t have to be an expert in geopolitics and international trade to see it:

The G7 countries (including the U.S.) announced today they were demanding that Russia accept payment for oil and gas in euros and dollars.  This is happening at the same time NATO is demanding (via sanctions) that Russia be blocked from accepting payments in euros and dollars.

Something is weird.  Keep in mind, the same nations in the G7 are the same nations in NATO with the exception of Japan (G7 only).

The only way this conflict could make any sense, is if the G7 energy ministers realize that forcing Russia to trade in non-euros and non-dollars will structurally undermine the G7 unilateral hold of global finance and energy policy.   In essence, the G7 see the non-sanction countries, particularly India and China, lining up to replace the petro-dollar, and that not only weakens their position financially, but it also weakens their climate change position.

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We Are in Trouble, White House Journalist Asks Senior WH Official if Farmers Should Change Crops This Year

There are often questions raised about whether the crises created by the Biden White House policy are incompetence or intentional.  For the group that believes ‘incompetence‘ is behind the chaos, well, they gained a significant data point today.

During a White House press briefing a reporter asks, “My question is about how the White House plans to prepare for food shortages, particularly as it comes to wheat …. should U.S. farmers grow more wheat this year instead of corn and soybeans given the possible food shortages?”

The Chair of the Council of Economic Advisers, Cecilia Rouse, answered” …”farmers respond to price signals. So, with the price of food rising, they will be responding by making additional plantings and trying to take advantage of the increased price signal.  So, the market will work as the market will work.”  Please WATCH 16:32 Prompted

The reporter and the Chair of the CEA seemingly have no idea how long it takes to farm or grow a crop.  As if switching from corn to wheat was just a Monday decision.  Good grief, June/July harvests for winter wheat this year were planted in October of last year.

Changing a crop in the spring for harvest in the summer is not akin to changing your regular order of beverages at Starbucks.

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Germany Says G7 Reject Russia Demand to Pay for Oil and Gas in Rubles, Sort of

Behind the headline is a qualifier that most will miss. “We will urge the companies affected not to follow Putin’s demand.”  The problem for the G7 political leaders is that most of the transactions are between private companies.  The heads of the U.S, France, Germany, Italy, Japan, Canada and the U.K, can stake a position, but the ultimate decision around the transaction in the hands of the private company buyers.

Russia can set the terms.  Whether the G7 political leaders shout ‘breach of contract‘ is seemingly a moot point.  In the big picture, the politicians have already breached the terms of prior trade agreements with sanctions.  Russia can turn off the supply or demand payment in rubles as terms of sale.

BERLIN (AP) — The Group of Seven major economies agreed Monday to reject Moscow’s demand to pay for Russian natural gas exports in rubles.

German energy minister Robert Habeck told reporters that “all G-7 ministers agreed completely that this (would be) a one-sided and clear breach of the existing contracts” for natural gas, which is used to heat homes, generate electricity and power industry.

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NBC Poll, Most Believe Biden to Blame for Inflation, 60 Percent Disapprove of Handling of Economy and 71 Percent No Confidence in Biden Foreign Policy

Even NBC’s Chuck Todd was forced to admit Joe Biden’s polled domestic support keeps getting worse.  His approval rating is now the worst in their polling.

The Poll Data is AVAILABLE HERE.  Somehow NBC found enough people to show 33 percent of Americans approve of the president’s handling of the economy, compared with 60 percent who disapprove.  “Overall, NBC News puts Biden’s approval at 40 percent, which is a record-low for that network’s survey, compared with 55 percent disapproval.” (article link).

[Poll Data Here]

The White House was hoping that all the planning that went into yesterday’s grand speech in Poland would help reset the Biden problem.  Those hopes collapsed when the muttering nutter rambled through 20 minutes of incoherent jibberish only to encapsulate the speech with the call for Russian regime change at the end, “for God’s sake, this man cannot remain in power.”

Also, don’t believe the nonsense about those being ‘off-the-cuff‘, or ‘ad-libbed ‘ remarks either.  They were written into the teleprompter, and he read them (go look). White House Chief of Staff Ron Klain is trying to cover up his own ineptitude by claiming his boss ad-libbed those statements.  He didn’t.

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Interesting Map Shows Countries Who Support Western Govt Sanctions Against Russia vs Those Who Do Not

An enterprising journalist from Bolivia [Twitter Link] mapped the countries that support the sanctions against Russia (yellow) versus the countries that are not participating in the western sanctions against Russia (grey).  The image provides a visual reference to consider our previous discussions about the cleaving of the global economy between two overarching ideologies.

[Source Credit]

In my estimation this intentional global cleaving, using the opportunity created by the Ukraine crisis, is going to be the major story of this year.  This global splitting can be looked at in multiple ways, but the overarching story is the ramifications of two global trade relationships.

The western alliance (in the yellow above), has forced the world to reevaluate the dollar as the global trade currency, by denying Russia and their trade partners the ability to use the financial mechanisms under western control. To work around the sanctions, Russia is working on new financial systems to sell oil and farm products in non-dollar currencies.  There is also a possibility the petro-dollar, for the global trade of oil, might be dropped.

Russia is part of OPEC.  While many countries develop their own resources, OPEC sells the majority of oil the rest of the world consumes as the basis for their economic engine.  One way to look at the global cleaving is to look at the way energy is viewed.

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Treasury Secretary Janet Yellen Says Nothing Will Deter Biden Administration from Eliminating Fossil Fuels

Current Treasury Secretary Janet Yellen is a Davos/WEF devotee of the highest magnitude.  Yellen is ensconced in the worldview of those who run the operations of central banking and global finance.  She is the globalist secretary of world treasuries and has been throughout her professional life.

As more people become aware of the Build Back Better agenda, or as some would say “The Great Reset,” and its direct connection to the dreams and aspirations of the climate change ideologues in the elitist class, it is worth paying attention when Yellen says nothing will deter the Biden administration from eliminating fossil fuels; and it is her role to make that objective financially possible.

Yellen emphasizes the Biden administration position about how the conflict in Ukraine and the sanctions against Russia are an example of why the global energy resources need to fundamentally change to renewable resources.  Her strength of advocacy, in alignment with the Davos/WEF position, is yet another data-point to highlight the predictable cleaving of the world economies into two distinctly differing groups of nations.  WATCH:

It doesn’t matter how economically painful it is to chase these energy policies, the elitists who operate western government are all-in on the same program.  The same western governments who used totalitarian emergency powers to destroy liberty and freedom under the guise of COVID-19 mitigation, are the same western governments now aligned to use the crisis in Ukraine to advance their energy ideology.

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India-Russia Rupee-Ruble Financial Trade Arrangement Could Be Ready in a Week

The Federation of Indian Export Organizations (FIEO) announced today they are likely to have the financial mechanism for a Russia-India currency exchange and trade process in place within a week.   Previously, India announced their decision to continue purchasing oil from Russia despite the western sanctions.  Prime Minister Modi is a pragmatic, tactical and shrewd business-minded politician.

India is becoming a major player in the geopolitical world, as recognized by former President Trump during his Indo-Pacific trade partnership discussions.  The population of India is over 1.4 billion people, and they are industrializing as a more democratic counterbalance to China. Prime Minister Modi has been a key political leader in generating economic alliances to the benefit of his nation, while maintaining a prudent stiff-arm toward the influence of major multinational corporations.

(Via CNBC) – India is expected to announce a payment arrangement that would allow trade with Russia to continue, the president of an Indian exporters’ association told CNBC’s “Street Signs” on Wednesday. 

The so-called rupee-ruble trade mechanism could come as early as next week, according to A Sakthivel, president of the Federation of Indian Export Organisations (FIEO).  The FIEO, a government-backed association representing over 200,000 exporters, oversees India’s export promotion councils.

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Biden Briefs Media After NATO Summit Over Ukraine Crisis, Russia Status in G20 Challenged, Global Food Shortages Discussed

With less than a quarter of the U.S. population having any confidence in Biden’s ability to handle the Ukraine crisis [AP Poll], the installed White House occupant headed to NATO to discuss consensus opinion.

Cliff Notes from Presser – Biden was bullish about the NATO alliance, yet everyone essentially agreed to resist Ukraine’s call for them to enforce a no-fly zone in the country.  During the presser [VIDEO], Biden said he wanted Russia’s ouster from the G20 but conceded it likely won’t happen and deferred to the larger group. Biden unveiled new sanctions but acknowledged that they haven’t been and will not be a deterrent. Then said while his administration wants to get Europe to stop relying on Russian energy, he recognizes it can’t be done.

When Biden was questioned about potential food shortages, he admitted the discussion did actually take place. “With regard to food shortage… it’s gonna be real,” Biden said, while admitting the price of the sanctions is not just going to surface in Russia and Europe but is likely to show up in other nations including the United States.

Don’t downplay the food shortage issue.  The absence of food can change things very quickly.  How the various national leaders respond to food shortages, and/or prices for food that makes food insecurity a very real issue, is an unknown.  However, a food crisis -and the subsequent solutions- could change the direction of many policies.

Call me crazy or whatever, but when you watch and listen to all of these NATO members either individually or collectively, you can get the distinct impression that they’re waiting on advice from some other organization and/or entity that usually provides them instructions.

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