Putin's war

@Builder,

Looks like the "smart money" is being off shored.

Quote:

Years after calling Bitcoin ‘rat poison,’ Warren Buffett just invested $1 billion in a crypto-friendly bank.
Berkshire Hathaway made its crypto investment public with a SEC filing earlier this week. It revealed that Buffett’s company had purchased $1 billion in shares of Nubank, a digital bank based in Brazil, and the largest of its kind in Latin America.

Nubank is a so-called neobank, a type of bank that operates differently from the traditional banking system by not relying exclusively on physical locations, and instead focuses primarily on digital services. The digital bank's investment unit, NuInvest, allows users to put money in a Bitcoin exchange-traded fund (ETF)—tapping a financial space that Berkshire's leaders have shown little love for.

source

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@Builder,

Builder wrote:

Poor ol' petrodollar taking another beating.

'Petro-euro' you mean? The European countries pay in Euros.

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@Walter Hinteler,

Quote:

The European countries pay in Euros.

If they want gas, Walter, it's roubles, or nothing.

Quote:

Russia is working out methods for accepting payments for its gas exports in roubles and it will take decisions in due course should European countries refuse to pay in the Russian currency, the Kremlin said on Monday (28 March).

At a meeting of European Union leaders on Friday, no common position emerged on Russia’s demand last week that “unfriendly” countries must pay in roubles, not euros, for its gas in the wake of the United States and European allies teaming up on a series of sanctions aimed at Russia.

Concerns over security of supply were enhanced after the demand, with companies and EU nations scrambling to understand the ramifications.

The Russian central bank, the government and Gazprom, which accounts for 40% of European gas imports, should present their proposals for rouble gas payments to President Vladimir Putin by March 31.

“We are not going to supply gas for free, this is clear,” Kremlin spokesman Dmitry Peskov told a conference call. “In our situation, this is hardly possible and appropriate to engage in charity (with European customers).”

source

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@Walter Hinteler,

The world is complicated Walter, some people think the dollar is the only method of payment.............it's a little sad, ain't it .

1 Reply

@Builder,

1. We paid our fas and oil imports from Russia in mainly in Euros.
2. According to Putin's phone call with Scholz yesterday, he explained that from 1 April a law would apply according to which the delivery of oil and gas would have to be paid for in roubles.
However, nothing would change for the European contract partners: Payments would continue to be made exclusively in Euros and transferred as usual to Gazprom Bank, which is not affected by the sanctions. The bank would then convert the money into roubles.
Scholz had not agreed to this procedure, but had only asked for written information.
Putin had asked for the conversation.

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The Vatican Bank made a payment for Russian gas in rubles, media reported. It is noted that the state, located in the center of Rome, bought rubles from the Central Bank of Russia in an amount equivalent to 10 million Euros.

According to sources, the Vatican has taken all the necessary steps, which are included in the algorithm for buying gas in rubles. The method of purchasing energy resources in Russian currency was previously defined by the Government of the Russian Federation.

Earlier, the G7 countries did not agree with the demand made by Russia to pay for energy resources in the national currency.

In response, the Kremlin said that the Russian Federation was not going to engage in “pan-European charity” and supply free gas to the West.

State Duma Speaker Vyacheslav Volodin said that European countries have all the market opportunities for payments in rubles, “there is no tragedy in that.” He called on foreign partners to buy wood, metals, oil and other goods sold by the Russian Federation in Russian rubles.

source

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@Builder,

Anyone with some intelligence would have noticed that this was a joke (see: https://twitter.com/KlamaMiledo/status/1508490062073376772)

But that tweet made it as a report in a few Russian media. And to builder.

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@Walter Hinteler,

Following the telephone conversation, Scholz first announced that he had NOT agreed to the procedure - and the government spokesperson took the precaution of actually using capital letters in his message. Instead, the Chancellor had "asked for written information in order to understand the procedure in more detail".

That was a wise decision. For what Putin is really up to is hard to see through.

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@glitterbag,

Be fair Builder believes the Queen is a lizard, his obsession with the petrodollar is probably the least delusional thing about him.

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@Walter Hinteler,

Quote:

That was a wise decision. For what Putin is really up to is hard to see through.

Have you been asleep for ten years, Walter??

Putin made it very clear what would happen, if NATO continued to push their agenda into Russian territory.

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@Builder,

Speaking of asleep ... do you have now an idea how the Holy See (aka Vatican state) is supplied by energy?

My above post was about GERMANY, the German's chancellor's phone call by Putin, btw.

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@Walter Hinteler,

In typical fashion, you answer a question with a question.

Angela Merkel retired yet> ?

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@Builder,

Builder wrote:

Angela Merkel retired yet> ?

We got the election to the 20th German Bundestag on 26 September 2021, and the Bundestag elected Scholz as the Federal Chancellor on Wednesday, 8 December 2021.

Merkel didn't "retire", she no longer stood for election as a member of parliament.

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@Walter Hinteler,

Quote:

Merkel didn't "retire", she no longer stood for election as a member of parliament.

Like shooting fish in a barrel.....

https://globalnews.ca/news/8430543/germanys-angela-merkel-retires/

Farewell Ms Merkel: Retiring German chancellor finally admits to being a feminist • FRANCE 24
4,099 views 24 Sept 2021

https://www.economist.com/leaders/2021/12/04/what-should-angela-merkel-do-in-retirement

https://www.thetimes.co.uk/article/angela-merkel-retirement-chancellor-germany-zf3mm7289

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@Builder,

Builder wrote:

Quote:
Merkel didn't "retire", she no longer stood for election as a member of parliament.

Like shooting fish in a barrel.....

I do know that in English, "to retire" is used for politicians in such a case, too.
But Merkel is German, has not stood for election as a member of parliament (you have to be here, because the Bundestag elects one of its members as chancellor), and besides, the CDU (Merkel is a CDU member) is in opposition.

"I will not be seeking any political post after my term ends," Merkel said last year. She also said she would not seek re-election as leader of the centre-right CDU party in December.

In Germany (and in German), retirement refers to the state in which a person finds himself or herself after the end of the working life.
Until 2011, retirement in Germany began with the month following the completion of the 65th year of age. Since 2012, members of each cohort of new pensioners must initially remain in employment for one month, and from the 1959 birth cohort onwards for two months, longer than those one year older if they wish to receive the full old-age pension. From 2029, the retirement age will begin at the age of 67.

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@izzythepush,

Quote:

his obsession with the petrodollar is probably the least delusional thing about him.

Is it that you actually believe that the petrodollar deal didn't happen, or do you not understand how it worked?

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@Builder,

That is one of the most arrogant, insulting and totally wrong minded, fact depleted, dishonest posts ever.

Up to your usual argumentative chicanery.

Anything else I have to say, you wouldn't understand, I believe you are not dishonestly arguing, I believe you are honestly incapable of discerning fact from "alternative facts". As my grandmother would have said, "Poor Builder, bless his heart, is doing the best he can with the little to nothin' nature gave him. Just try and keep him out of the briars, please."

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@Builder,

Quote:

In typical fashion, you answer a question with a question.

"In typical fashion", you repeat your boner questions mindlessly.

"Retire" and "not standing for election" are pretty much the same, it's a "difference without distinction". Your semantic diversion demonstrates your weakness in English, Walter's English is plenty good. If you don't understand him it's because your own English 'ist verkakte.

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@Walter Hinteler,

That must be a very hard thing to accept as normal after 80 years.

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@Builder,

Riiiiiiiiiight.

It's like the US making everyone pay for US oil in only pennies.

Why don't you get a head of the curve and cash out your estate for Roubles?

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