Take Care of the Ruble and Gas Will Take Care of Itself

... pointedly demonstrating their inability to realize what technology underpins making payments in rubles, which appears to clearly be an “act”. Transaction-wise, this means a standard switch of monetary flows from correspondent accounts nominated in dollars to correspondent accounts nominated in rubles. However, even under the current circumstances, Europe is still considering the options of violating its contractual obligations. For instance, Bloomberg reports that Estonia intends to suggest that other EU states make only partial payments to ...