Thursday, March 31, 2022

Phony Russia lies to its people same as the West lies to its people: Demand for payment in rubles starting tomorrow is just face-saving for Putin at home

Meanwhile Russia continues to sell natural gas which Europe desperately requires, and Putin continues to rake in the dough he needs to continue the war and undergird his regime. 

The headline is purely for Russian public consumption.

Putin signs order demanding gas payments in roubles from Friday :

The decree Putin signed on Thursday authorises the state-controlled Gazprombank to open foreign currency and rouble accounts for gas purchases. European buyers would pay in foreign currency and then authorise Gazprombank to make the conversion into roubles, which would then be used to formally purchase the gas.