By Dmitry Orlov March 23, 2022 is shaping up to be an important date. Today Putin announced that in very short order Russia will stop accepting payments for its exports in currencies of hostile nations, immediately for natural gas, eventually for everything. Existing contracts will be honored but rewritten to stipulate payment in rubles.
The Day the Petrodollar Died
The Day the Petrodollar Died
The Day the Petrodollar Died
By Dmitry Orlov March 23, 2022 is shaping up to be an important date. Today Putin announced that in very short order Russia will stop accepting payments for its exports in currencies of hostile nations, immediately for natural gas, eventually for everything. Existing contracts will be honored but rewritten to stipulate payment in rubles.