T.H.E.M.
¨We believe in the judgment; we believe this first judgment will take place as God revealed, in America...¨
T.H.E.M.
¨We believe in justice for all, whether in God or not; we believe as others, that we are due equal justice as human beings.¨
(US Dollar) Death By A Thousand Cuts — Russia’s Gazprom Ready to Use Yuan, Rubles in Accounting with China, Sees No Risk
Greetings,
What we are seeing is nations becoming fed up with American imperialism, American arrogance….American hubris. They are tired of these leaders in the West trying to dictate, shape, and form the type of civilization and government that they should live under. They know that as long as America’s dollar is the currency of choice, America will use this special power to destabilize economies and overthrow governments and even collapse other nations’ economies.
Now she is being gutted. The dollar as a world reserve currency has outlived its usefulness. It has seen its greatest days, which are now behind her.
They are starting to rise up against Western policies. The nations are up in arms over the sheer hypocrisy of America. Now the dollar is suffering a death by a thousand cuts.
This means….” This is the number – one fall, and it is very clear that the loss of the power of the American dollar means the loss of the financial power of America. “–pg.87(tfoa)
Russia’s Gazprom Ready to Use Yuan, Rubles in Accounting with China, Sees No Risk
Russia’s Gazprom Ready to Use Yuan, Rubles in Accounting with China, Sees No Risk
(RIA Novosti) – Russia’s energy giant Gazprom says it sees no risk in using the Chinese yuan or the Russian ruble in accounting practices with Chinese companies, the company’s head of finance and economics, Andrei Kruglov, said Thursday.
“In regard to using the yuan or rubles in accounting, we are basically ready for that, we think that this is completely normal. There are no risks for Gazprom, except for minor transaction expenses,” Andrei Kruglov said.
Kruglov said earlier in the day that the Chinese yuan is expected to be fully convertible in the next year or two.
Gazprom and China National Petroleum Corporation (CNPC) signed a 30-year contract in late May for the sale of Russian gas to China at a volume of 38 billion cubic meters per year. The deal is estimated to be worth $400 billion. Russia is planning to invest $55 billion and China around $22 billion in the gas deal.
Shortly after the deal was signed, Russian Energy Minister Alexander Novak said payments under the contract would be made in US dollars.
Russia’s Finance Ministry is currently investigating the idea of switching to ruble calculations for some export goods.
The idea came about amid recently introduced Western sanctions against Russia over Moscow’s stance on Ukraine and Crimea’s reunification with Russia. Many partners, including China, already use the ruble in trade with Russia. However, most calculations for export contracts are in US dollars.
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