EU Commission Hails End of Petrodollar, Welcomes ‘Multipolar Global Currency Regime’
The European Commission has publicly welcomed the end of the American petrodollar, heralding what they describe as a new “multipolar global currency regime”.
Petrodollar
Macron: Europe Should Reduce Reliance on U.S. Dollar, Avoid ‘Following America’ into Conflict with China
French President Emmanuel Macron argued for European “strategic autonomy” from America, including from the dollar and avoiding conflict with China.
Putin Troll? Russia Claims Sanctions Means it is ‘Insured’ Against Western Banking Crisis
Western sanctions against Moscow have insulated the Russian financial system from the banking crisis, the Kremlin claims to believe.
Carney on ‘Kudlow’: The Price of Gold Could Get Above $2K
The price of gold has been on the rise and could get above $2,000, Breitbart Economics Editor John Carney told Fox Business’ Larry Kudlow.
Europeans ‘Don’t Know What Rubles Look Like’ – EU Resists Order to Buy Gas In Russian Currency
BRUSSELS (AP) – President Vladimir Putin’s threat to have “unfriendly” countries pay for Russian natural gas exports only in rubles from now on got the not-so-friendly treatment from European Union nations Thursday.
Putin Attacks Petrodollar System, Demands ‘Unfriendly’ Nations Purchase Gas in Rubles
Vladimir Putin demanded “unfriendly” countries buy gas in rubles rather than dollars or euros in an attack against US global hegemony.
