First, Alexander Mercouris walks us through why Janet Yellen has reached the conclusion she's come to; how the EU has capitulated to Putin's demand to be paid in rubles for gas and oil; and why a foolish EU import ban is, happily, not on the cards for the moment.
VIDEO NOTES. Alexander Mercouris in the video below reviews the changing positions of the EU towards Russian energy, reminding us that the EU was willing to ban Russian gas but not before French presidential election so that Macron would not be harmed by rising gas prices.
That the EU, even Boris Johnson with UK energy companies, are permitting their gas companies to buy Russian gas in pounds/euros, which then get converted to rubles.
Mercouris is not optimistic, given current hysteria, over the EU decision to rescind an import ban on Russian gas.
EU payment in roubles for Russian gas would violate sanctions regime - document - Apr 14, 2022, Reuters.
BRUSSELS - EU companies may be able to work around Russia's demand to receive gas payments in roubles without breaching sanctions if they pay in euros or dollars which are then converted into the Russian currency, the European Commission said on Friday.
Yellen warns European ban on Russian energy could harm economies - Apr 21, 2022, rfi / AFP. Washington - A European ban on Russian oil and gas imports could have unintended economic consequences, US Treasury Secretary Janet Yellen said Thursday.
https://www.thelibertybeacon.com/eu-us-capitulate-to-putin-on-gas-for-rubles-video/
No comments:
Post a Comment