‘Whisper It Quietly’ … But Russia’s Financial Situation Looks Better Than the West’s

‘Whisper It Quietly’ … But Russia’s Financial Situation Looks Better Than the West’s

Despite the barrage of sanctions that the Russian economy got hit with at the start of the Russian military operation in Ukraine, the West’s economy seems to be taking the brunt of these sanctions instead of its intended target. On Friday, Russia’s Central Bank cut interest rates by 3% (from 20 to 17%). And, though…

April Fools… U.S. Boosts Import of Russian Oil While Urging World to Impose Ruinous Sanctions

April Fools… U.S. Boosts Import of Russian Oil While Urging World to Impose Ruinous Sanctions

The contradictions that stem from American and European arrogance have finally hit breaking point. The United States reportedly boosted its import of Russian oil last month, according to official figures from the Energy Information Administration. The extra imported volume accounted for a 43 percent increase. This is in spite of an executive order by U.S….

‘Rublegas:’ The World’s New Resource-Based Reserve Currency

‘Rublegas:’ The World’s New Resource-Based Reserve Currency

Saddam, Gaddafi, Iran, Venezuela – they all tried but couldn’t do it. But Russia is on a different level altogether. The beauty of the game-changing, gas-for-rubles, geoeconomic jujitsu applied by Moscow is its stark simplicity. Russian President Vladimir Putin’s presidential decree on new payment terms for energy products, predictably, was misunderstood by the collective west….

New Great Game: Can Venezuela Negotiate an End to Deadly US Sanctions?

New Great Game: Can Venezuela Negotiate an End to Deadly US Sanctions?

How the tables have turned. A high-level US delegation visited Venezuela on March 5, hoping to repair economic ties with Caracas. Venezuela, one of the world’s poorest countries partly due to US-Western sanctions is, for once, in the driving seat, capable of alleviating an impending US energy crisis if dialogue with Washington continues to move…