The West if run by cretins. They “forgot” to war games this.
Russia to convert payments for gas supplies to Europe into rubles
Putin instructed to convert into rubles payments for gas supplies to unfriendly countries.
MOSCOW, March 23
Russia will convert payments for gas supplies to unfriendly countries into rubles, Vladimir Putin said.
“Supplying our goods to the European Union and the United States and being paid in dollars, euros and other currencies makes no sense for us anymore. That is why I have decided to implement a set of measures in the shortest possible time to transfer payments – let’s start with this, our natural gas – to transfer payments for our natural gas supplied to the so-called unfriendly countries to Russian rubles. That is to refuse from using all compromised currencies in such payments,” he said.
The head of the state underlined that the supplies will be continued in accordance with the contracted volumes and prices. A corresponding directive will be sent to Gazprom.
In this background, the Russian currency moved to growth, the dollar dropped below 100 rubles.
German Chancellor Olaf Scholz spoke about the consequences in case of refusal to import Russian gas.
On February 24, Russia launched a military operation to demilitarize and denationalize Ukraine. In response, Western countries announced large-scale sanctions against Moscow, primarily in the banking sector and the supply of high-tech products. Some brands announced that they would stop operating in the country.
The Kremlin called these measures an economic war, the likes of which have never been seen before. The authorities stressed their readiness for such a development and assured that they would continue to fulfill their social obligations. The Bank of Russia is taking measures to stabilize the situation on the currency market.
Previously Prime Minister Mikhail Mishustin said that the government has prepared a plan to counter restrictive measures, which includes about a hundred initiatives. The volume of its financing will be about one trillion rubles.
President Vladimir Putin signed a decree the day before, expanding the powers of regional authorities in the socio-economic sphere. The document also obliges them to increase social payments, provide targeted support to citizens, ensure price stability for essential goods, monitor the situation in the labour market and reduce administrative barriers for private businesses. The president also announced an increase in pensions, living wages and salaries for state employees.
Translated with http://www.DeepL.com/Translator (free version)
Why in tarnation did I not buy rubles last week.