Pay in rubles or have your gas shut off by April - page 9.

Sithara007

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Quote from: stompix on April 02, 2022, 06:21:42 AM

Maybe we Europeans should do the same to India as Russia does to Ukraine?
Of course with far better success chances, how many it took last time, 2 ships and 5 donkeys?

LOL.. I think you are still living in the 19th century. Dude, that era is long gone, when Europeans could do whatever they wanted. Most of the European countries don't even have a proper army nowadays and are entirely dependent on the United States for their defense deals. Within a few weeks, all these media hype about heroic Ukrainian defense will fall apart and Putin will walk away with half of Ukraine. Europeans will be left with another 10 million economic migrants from Ukraine, which will add further strain to the budget (that is already under pressure from the raising gas and oil prices).

yawars20

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Its already clear what Putin is up to. Regarding to allies or foe, Putin clearly out spoke that those who are opposing his action will also face consequences so threatening them with energy sources supplies like coal, gas and petroleum cancellation will be inevitable.
The whole situation of war is creating a panic situation and world is dividing into 2 groups. Lets see how things move towards and I genuinely wish for end of this war.

barbara44

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Quote from: hyudien on April 02, 2022, 09:17:30 AM

Quote from: DanWalker on April 02, 2022, 08:29:32 AM

I guess if the EU refuses to pay in rubles then the Russians will also stop supplying gas. The EU has already imposed almost all sanctions on the Russian economy and there is no reason for Russia to continue to make concessions. Pay in rubles, this could have been too sudden a Russian counterattack against the US and EU that they didn't think of and they were slow to react.

That's exactly what Russia is trying to show, hitting their finances for taking such blind sanctions. Russia position is ideal in terms of controlling Gas, while the EU need for Gas is undeniable, the use of other alternatives has not fully covered what Gas has done. So, like it or not, Russia is opening itself up to European Union countries to buy gas under one of these conditions. Russia didn't care about sanctions from the start, because they knew western and European countries would definitely make those policies.

The trouble they are causing themselves in the long run is that these nations will not forget about this war. Sure they put sanctions and that is why Russia is also hitting back, what did the west expected? Russia to rollover and say "yes my lord" and accept the deal? Of course they would hit back and this was known.

However, the regular companies didn't know what governments would do, politicians reacted, but companies and the citizens weren't ready for what the governments did. In return, since Russia is pulling a big request here, everyone in the west will try to look for alternative sources. It may not happen now, but it may happen in the end, and that is the most important part. Maybe it won't impact today, but it will in 5-10 years.

Franctoshi

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Russia is looking for a way to strengthen their currency (Rubble) and it's economy as a result of the sanctions imposed on them and they're also taking the advantage of being the major supplier of gas to the European countries which is about ( 40%) to issue these ultimatum , I see it as strategy to escape the impact of the sanctions . Just looking at what the response from EU countries would be.

stompix

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Quote from: lovesmayfamilis on April 02, 2022, 10:09:55 AM

Who told you that these two countries are against Russia? Where is that written? All the economic transactions that were with these countries did not stop for a second. The news that you are presented with is full of fakes and garbage.

Why did no one learn to listen to smart people?

Why not reread my post, it would be so nice to actually reply about what I post, not what you think I'm thinking.
Did I say those countries are against Russia anywhere other than in your imagination? I said allies are quitting, not that they have decided to go against him.

As for your advice, indeed, why don't you do it first?
https://www.rferl.org/a/kazakhstan-evade-sanctions-russia/31781750.html

Quote from: lovesmayfamilis on April 02, 2022, 10:09:55 AM

Are you proposing another war? What has India now done against you? You have many enemies. I don’t understand why people have so much bile and anger towards the people who have always fought the Nazis, what is wrong with them?

Yeah, bring in the nazi argument, of course then the nazist Ukraine led by a nazi jew, let's not even count the fact that all the people that are arming Ukraine now are the same that helped you not get your ass trashed by them in ww2. Throw in a bit of fascism, world order, crony capitalism, and decadent west to make the perfect borscht. Don't forget something about gays and Christianity.

Quote from: lovesmayfamilis on April 02, 2022, 10:09:55 AM

Are you proposing another war?

What other war? There is no war, there is a special operation, one that might include picking up people from their homes after they mention the word war on foreign forums, especially ones banned in some undisclosed country we're not going to mention! Wink

lovesmayfamilis

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Quote from: stompix on April 02, 2022, 06:21:42 AM

Maybe we Europeans should do the same to India as Russia does to Ukraine?
Of course with far better success chances, how many it took last time, 2 ships and 5 donkeys?

Are you proposing another war? What has India now done against you? You have many enemies. I don’t understand why people have so much bile and anger towards the people who have always fought the Nazis, what is wrong with them?

Quote from: stompix on April 02, 2022, 06:21:42 AM

He finally realized how empty his threats are, nobody is scared anymore about the Russian army, and his allies are quitting him one after other, even Kazakhstan and Uzbekistan, he finally start to understand that the emperor is naked. And weak. And poor! And stupid!

Who told you that these two countries are against Russia? Where is that written? All the economic transactions that were with these countries did not stop for a second. The news that you are presented with is full of fakes and garbage.

“I know hundreds of ways to get a bear out of its den, but none to get it back in. Don't tease the Russian bear."
Great politician Otto Eduard Leopold von Bismarck

Why did no one learn to listen to smart people?

hyudien

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Quote from: DanWalker on April 02, 2022, 08:29:32 AM

Quote from: davis196 on April 01, 2022, 12:46:09 AM

I'm 99% sure that the EU will refuse to pay with rubles,but will the Russians stop the gas and get rid of their number one income source?It has been said,that Asian countries cannot fully replace European countries as natural gas buyers.

I guess if the EU refuses to pay in rubles then the Russians will also stop supplying gas. The EU has already imposed almost all sanctions on the Russian economy and there is no reason for Russia to continue to make concessions. Pay in rubles, this could have been too sudden a Russian counterattack against the US and EU that they didn't think of and they were slow to react.

That's exactly what Russia is trying to show, hitting their finances for taking such blind sanctions. Russia position is ideal in terms of controlling Gas, while the EU need for Gas is undeniable, the use of other alternatives has not fully covered what Gas has done. So, like it or not, Russia is opening itself up to European Union countries to buy gas under one of these conditions. Russia didn't care about sanctions from the start, because they knew western and European countries would definitely make those policies.

DanWalker

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Quote from: davis196 on April 01, 2022, 12:46:09 AM

I'm 99% sure that the EU will refuse to pay with rubles,but will the Russians stop the gas and get rid of their number one income source?It has been said,that Asian countries cannot fully replace European countries as natural gas buyers.

I guess if the EU refuses to pay in rubles then the Russians will also stop supplying gas. The EU has already imposed almost all sanctions on the Russian economy and there is no reason for Russia to continue to make concessions. Pay in rubles, this could have been too sudden a Russian counterattack against the US and EU that they didn't think of and they were slow to react.

DrBeer

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The result was predictable

Russia with its demands and ultimatums was sent on a "walking erotic journey"

Under-Fuhrer, having decided that he is God and all his ultimatums will be fulfilled, did not take into account that he communicates not with his slaves, but with people from the free world, where laws, contracts, and obligations work. As a result, like any "initiative" of Russia, it all turned into a comedy. Do you know what they did? They created a CURRENCY account at Gazprombank. Where do buyers transfer.. What? Yes - CURRENCY! And then they themselves buy rubles on the interbank exchange!

"The West has been brought to its knees, another victory for Russia!"

))

stompix

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Quote from: Furious 7 on April 02, 2022, 01:24:19 AM

They need to determine the price now regardless of the sanctions they impose because still Russia is in control now and when they don't want to follow Russia then indeed the Gas deal may not happen and indirectly this could slowly kill them because of the weather .

The only thing that is getting killed is English in your post, plus logic is also near the deathbed.
I often wondered how negative your IQ has to be to think that without gas the whole of Europe will freeze to death when Europe still gets 60% of the gas from outside Russia and it can of course import a lot more LNG during spring when demand is lower in Asia?

In other news:

Quote from: Sithara007 on April 01, 2022, 09:45:55 PM

The Americans should mind their own business. First and foremost, the EU countries should do what they preach. On one hand they are asking India to refrain from purchasing the discounted crude and gas from Russia and on the other hand they are continuing to accumulate these commodities from the same source.

Maybe we Europeans should do the same to India as Russia does to Ukraine?
Of course with far better success chances, how many it took last time, 2 ships and 5 donkeys?

Quote from: Silberman on April 01, 2022, 04:42:58 PM

After reading a little bit more it seems that Putin is somehow softening his position and it seems this is going to be a gradual change and not something as abrupt as it seemed at first

He finally realized how empty his threats are, nobody is scared anymore about the Russian army, and his allies are quitting him one after other, even Kazakhstan and Uzbekistan, he finally start to understand that the emperor is naked. And weak. And poor! And stupid!

Ozero

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Quote from: Nerdy doctor on March 31, 2022, 01:19:35 PM

Putin has threatened so called unfriendly states to pay in rubles or have its gas supply shut off. It has said it doesn't buy things for free and so isn't going to charitable with its energy.
Europe has kicked against this with Germany saying its being blackmailed by this move. What other choice does Europe has with Russia alone selling about 40% of energy to the world.

Putin and his entourage are accustomed to bluffing and denying the obvious. Sometimes they can't let go of their previous foolish words and deeds and have to endure the unwanted consequences while reassuring that everything is going well and according to plan. Let's see what happens.
Europe has finally realized that it needs to end this constant blackmailing of Russia over energy. Now they are very actively beginning to reorient themselves to other alternative markets, some European countries will be able to do this in the next two years. In the future, Russia will definitely lose because of this blackmail. The reservoirs in Russia are filling up and further it is necessary either to stop the production of oil and gas, or to significantly reduce the price. Therefore, Russia has already started selling oil to India at half price. Further it will be even more interesting. Given that roughly 30 to 50 percent of Russia's budget comes from energy exports, Putin is driving his country into a dead end.

Furious 7

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Quote from: gantez on April 01, 2022, 11:38:53 AM

Quote from: Furious 7 on April 01, 2022, 03:31:57 AM

It's like going back and forth in my opinion, Europe doesn't want to be cold and of course it needs gas there on the other hand they also definitely want to have an effect on Russia but indeed Putin is not that shallow and he has thought about this carefully.
Well this is quite a difficult thing because indeed Putin and Russia have the resources needed and it is very difficult to criticize if they still need it

Gas is a major need because of the weather condition , the weather in winter is very cold and heater is a big necessity as the terrain get frezen. Sourcing for alternative is the solution although maybe at a higher price because Putin is definitely using this as an advantage.

They need to determine the price now regardless of the sanctions they impose because still Russia is in control now and when they don't want to follow Russia then indeed the Gas deal may not happen and indirectly this could slowly kill them because of the weather .
They can't do much because Russia is still in control because maybe now it will be like this, Russia can distribute gas but with the rules and powers they make.

accounting 181293

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Quote from: Nerdy doctor on March 31, 2022, 01:19:35 PM

Putin has threatened so called unfriendly states to pay in rubles or have its gas supply shut off. It has said it doesn't buy things for free and so isn't going to charitable with its energy.
Europe has kicked against this with Germany saying its being blackmailed by this move. What other choice does Europe has with Russia alone selling about 40% of energy to the world.

the russian way is pretty good and there is nothing wrong with this. they are trying to make the ruble valuable even though it is being sanctioned. and European countries can't protest this, let alone those who need energy supplies from Russia. so they have to follow what the russians want or there is no energy for them.

Sithara007

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Quote from: Vaskiy on April 01, 2022, 05:50:49 PM

Russia offer its flagship Urals grade to India at discounts of as much as $35 a barrel. Russia has given access for rupee-ruble-denominated payments using Russia’s messaging system SPFS. The direct purchase is expected to involve Russia’s Rosneft PJSC and the Asian nation’s biggest processor Indian Oil Corporation.

India's decision to bypass the SWIFT system for buying Russian oil have been criticised by the U.S. Australia, Japan and U.K. It looks like India never think of the pressure from these countries. This way India and Russia seems to be highly beneficial out of the sanctions.

The Americans should mind their own business. First and foremost, the EU countries should do what they preach. On one hand they are asking India to refrain from purchasing the discounted crude and gas from Russia and on the other hand they are continuing to accumulate these commodities from the same source. As of now, the most Russophobic nations in the EU such as Poland and Lithuania receive more than 50% of their gas and oil from Russia. Who are they to give advise to India? We know how to take care of the internal matters in our country and help from EU/US is not needed.

adaseb

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The European countries should of had some plan in place years ago. The way things are going if the war drags on to end of 2022, with winter coming. They will have no choice but to comply and pay in Rubles or whatever currency they want.

This is probably why Putin knew they would throw these types of sanctions at him and he knew that people are too dependent on his resources that they will have to make the trades anyways to survive.

batang_bitcoin

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China got them on their back and that's why they want to make their own rule and avoid and dismantle the traditional dollar pairs for their oil. The countries that are customers to them don't have a choice but just to do whatever they want and they'll keep with the trades.

Quote from: Vaskiy on April 01, 2022, 05:50:49 PM

India's decision to bypass the SWIFT system for buying Russian oil have been criticised by the U.S. Australia, Japan and U.K. It looks like India never think of the pressure from these countries. This way India and Russia seems to be highly beneficial out of the sanctions.

They won't mind it and as usual, a big country that just got the deal with, it's a big lost for Uncle Sam.

Vaskiy

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Russia offer its flagship Urals grade to India at discounts of as much as $35 a barrel. Russia has given access for rupee-ruble-denominated payments using Russia’s messaging system SPFS. The direct purchase is expected to involve Russia’s Rosneft PJSC and the Asian nation’s biggest processor Indian Oil Corporation.

India's decision to bypass the SWIFT system for buying Russian oil have been criticised by the U.S. Australia, Japan and U.K. It looks like India never think of the pressure from these countries. This way India and Russia seems to be highly beneficial out of the sanctions.

Silberman

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Quote from: Nerdy doctor on March 31, 2022, 01:19:35 PM

Putin has threatened so called unfriendly states to pay in rubles or have its gas supply shut off. It has said it doesn't buy things for free and so isn't going to charitable with its energy.
Europe has kicked against this with Germany saying its being blackmailed by this move. What other choice does Europe has with Russia alone selling about 40% of energy to the world.

After reading a little bit more it seems that Putin is somehow softening his position and it seems this is going to be a gradual change and not something as abrupt as it seemed at first, however it seems that at some point this is going to become the new reality for European countries that are against Russia and their designs on the continent, and to be honest this was to be expected, Russia has very few economic weapons but the ones they have are strong, so it was just a matter of time until they used their leverage against Europe.

Leviathan.007

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Putin and his Russian government start to threaten many other countries mostly because they help Ukraine indirectly also they try to blame Russia and support Ukraine in this war in the other hand just because of the war between these two countries Russia is facing many economic sanctions and these sanctions are damaging their economic but after asking this to force them. In my own idea these countries should start finding new gas suppliers so Russia will have less effect on them.

iv4n

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If you have something that others want then you are in a position to manipulate, that is what Russia is doing, but they are not the only ones using that strategy! In my village, it is said: "everyone pours water on their mill"!
Anyway, we who are crypto enthusiasts should be a little more aware of decentralized markets, in a way everyone has the right to sell what they own for a coin of their choice, so what is different here?! Russia wants to sell gas in rubles? They are free to do that, the gas is theirs, let them sell it for what they want! Whoever wants to buy will find a way, whoever doesn't want to is free to find another seller!

When it comes to business I think people shouldn't get upset too much, after all, it's all business, and in business, there shouldn't be anger! All participants are just trying to get the most from what they have, and we can't blame anyone for trying to do that!

Topic: Pay in rubles or have your gas shut off by April - page 9. (Read 1971 times)