The attempted transfer reportedly came from a trading firm that Germany seized from Russia’s Gazprom © AFP / Nikolay DOYCHINOV Gazprombank, Russia’s key bank that handles European gas payments, has…
Moscow halted supplies to the country after Sofia rejected the ruble payment scheme Employees walk at the construction site of a gas metering station, part of the pipeline link between…
This file picture shows a US-backed militant standing on a vehicle with heavy automatic machine gun, left, next to an American soldier who also stands on his armored vehicle, right,…
China was responsible for nearly 30% of all purchases from Iranian exporters in the year to late March. The Iranian customs office (IRICA) says China bought nearly 30% of all…
BY TYLER DURDENFRIDAY, APR 22, 2022 – 04:45 AM The number of water conflicts is increasing in most regions of the world, as Statista’s Martin Armstrong shows in the following infographic, based…
© REUTERS / Agencja Gazata/Cezary Aszkielowicz Tim Korso All materialsWrite to the author Washington was eager to offer its liquefied natural gas to the EU after the European countries announced…
Kremlin says no deadlines have been set for the switch to national currency © Getty Images / klimkin Russia is planning to increase the use of the ruble in energy…
Moscow is awaiting decisions from other importers, Alexander Novak says © Global Look Press / Nikolay Gyngazov Several buyers of Russian natural gas have agreed to switch to payment in rubles, Russian…
In this file picture, American soldiers patrol the M4 highway in the town of Tal Tamr in Syria’s northeastern Hasakah province on the border with Turkey on January 24, 2020.…
Duty will surpass $100 per ton for the first time ever © Getty Images / Westend61 Russia has hiked up the tax on wheat exports to $101.4 per from April 13 to…
Imran Khan had previously claimed the opposition was acting on orders from abroad Prime Minister of Pakistan Imran Khan © Parker Song-Pool / Getty Images Pakistan’s National Assembly has passed…
Coal cargoes will arrive this month, followed by crude oil in May © Getty Images / Richard Rigney / EyeEm Russian coal and oil paid for in yuan is about to start…
Supporters of Ukrainian opposition leader Viktor Yushchenko wave flags during a rally in Kiev, 28 November 2004. Ukraine’s pro-Western opposition leader Viktor Yushchenko on Sunday demanded that prosecutors open a…
© NATO Ekaterina Blinova All materialsWrite to the author NATO allies will discuss increasing arms deliveries to Ukraine when the bloc’s ministers of foreign affairs meet on 6 and 7…
Importers negotiating LNG shipments at a deep discount, Bloomberg reports © Getty Images / Asia-Pacific Images Studio China’s top liquefied natural gas (LNG) importers are seeking to purchase additional shipments from sanctions-hit…
Linking the currency to gold and energy is a paradigm shift for the global economy, a precious metals analyst tells RT © Sputnik / Vladimir Astapkovich The Bank of Russia has resumed…
It appears that Russia may already hold a massive 12,000 tonnes of gold, a much larger gold hoard than the United States. That may explain the strength of the Russian…
Shipments through the Power of Siberia mega-pipeline are rising © Getty Images Russian energy major Gazprom said on Friday that it has pumped more gas to China via the Power…
As the global financial war is intensifying, Russia is now initiating a short squeeze on gold derivatives in the West. Edging towards a gold standardMarch 31 (King World News) – Alasdair…
It requires a ruble account to be opened in an unsanctioned Russian bank abroad © Getty Images Russian gas buyers from “unfriendly countries” will be obliged to open a ruble account in…
© Fotolia / pioregur Subscribe Ilya Tsukanov All materialsWrite to the author Last week, the Russian president ordered the Central Bank and government to work out the means for countries…
Importers of Russian gas will be allowed time to switch the settlement method © Global Look Press / Patrick Pleul Kremlin spokesman Dmitry Peskov said the process of switching to ruble payments…
The country is a major supplier of oil, gas, food, metals, timber, and other commodities to the global market © Getty Images / Julia Kuznetsova Kremlin spokesman Dmitry Peskov indicated on Wednesday…
Small and medium enterprises to fill void after companies left country © Getty Images / picture alliance / Contributor Chinese small and medium-sized companies are exploring opportunities in the Russian market that…
Yes Russia is now allowing payments in gold for its natural gas as the Western financial system is in open decline. Western Financial System Now In Open DeclineMarch (King World…
© REUTERS / Eric Gaillard Subscribe Ekaterina Blinova All materialsWrite to the author Russia will not supply gas for free if the EU refuses to pay in rubles, said Kremlin…
By Global Times Illustration: Tang Tengfei/GTIt seems that the Biden administration is unable to resist the temptation of taking a zero-sum game approach to China despite the intertwined supply-chain links…
The bloc will have to buy rubles from Russia’s central bank © Getty Images / Chris Collins The switch to rubles for gas payments, announced earlier this week by Russian President Vladimir…
© AFP 2022 / ANDREY GOLOVANOVEkaterina BlinovaAll materialsWrite to the author US President Joe Biden’s European trip includes meetings with NATO, EU and G7 allies and is aimed at discussing…
Russia unveils domestic payment mechanism for energy exports © Getty Images / FedotovAnatoly The ruble has surged on Wednesday after the announcement that payments for gas exports to certain Western countries will…