The question remains, why not name these buyers. Ten European buyers of Russian gas have allegedly opened accounts in Russia's Gazprombank to pay for gas in rubles, as demanded by Russia after the imposition of monetary and financial sanctions against the aggressor country. This was reported by Bloomberg, citing a source in Gazprom. It is…
Category: economy
Austria will not pay for gas in rubles – Chancellor Negammer
Vienna strictly adheres to the jointly agreed EU sanctions. Austrian Chancellor Karl Negammer denied the information that that the country has agreed to pay Russia for gas in rubles . He announced this on his Twitter page, calling such messages fake misinformation. “Before the fake news of Russian propaganda spreads here. Of course, OMV will…
The ban on the supply of microelectronics should be a key point in sanctions against Russia
Such sanctions are a direct blow to the Russian army. In proposals to strengthen sanctions against the United States, Europe and World v. Russia and Belarus, authored by the Yermak-McFaul International Working Group, the point concerning the sale of microelectronics to Russia, unlike others, is devoid of any specifics. This is a threat, because microelectronics,…
Hungary has found a way to circumvent all restrictions on the purchase of gas in Russia
At a time when democracies are looking for options to give up Russian gas because the Russian army has attacked Ukraine, Hungary is finding ways to circumvent all restrictions on gas supplies from the aggressor. Russian gas supplies to Hungary continue “on schedule, without hindrance and under a long-term contract with Russia,” the foreign minister…
Oil and gas sanctions against Russia, proposed by Ukraine, will only prolong the war
Although the introductory part of almost every sentence says that everything should happen quickly. Instead of a full embargo on Russian oil, gas and coal and immediate commitments of EU countries to stop trade in petroleum products from Russia and Belarus, sanctions should be implemented gradually. At least that is what the proposals to strengthen…
Gas price in Europe soared in a few minutes of bidding due to Gazprom news
The market reacted to the cessation of gas supplies to Bulgaria and Poland. The cost of gas at auction in Europe today, 27 April, in a few minutes jumped by 16% – above $ 1300/thousand. cube. This is evidenced by the quotations of the auction. Thus, the market reacted to the news that Gazprom has…
The Ministry of Economic Development of the Russian Federation predicted a fall in GDP, but the Russian Ministry of Finance considers the forecast optimistic
RF Ministry of Finance adjusts the forecast. The Ministry of Economic Development of the Russian Federation expects the Russian economy to fall in 2022 at the level of 8.8%. However, next year the Russian economy will begin to recover. This was reported by Interfax. It is projected that growth in 2023 will be 1.3%, in…
The President's Office told how much Ukraine lost due to the war
The Ukrainian government plans to compensate a significant part of the losses at the expense of the aggressor state. As a result of a full-scale invasion of the Russian Federation, Ukraine has lost a total of about $ 600 billion. This was announced by the head of the Office of the President of Ukraine Andriy…
Russia suspends gas supplies to Poland and Bulgaria
All because of the refusal to pay for fuel in rubles. The Russian Federation will stop exporting gas to Poland and Bulgaria by the end of this month. Despite the current agreements, Russian suppliers have announced that they will stop cooperating with buyer countries on April 27. Polish state oil and gas company PGNiG has…
World energy expected to rise by 50% and food by 23% – World Bank
Price reduction is expected no earlier than 2023-2024. Rising food prices < and energy resources will last until 2024 due to obvious problems in trade and production, the World Bank said in a statement, Bloomberg reports. crisis of 1973, will exceed 50% in 2022, and then decrease in 2023 and 2024. Prices for agricultural products…