Socio-Economics History Blog

Socio-Economics & History Commentary

Putin Orders End To US Dollar Trade At Russian Seaports

  • Putin Orders End To US Dollar Trade At Russian Seaports
    by Tyler Durden, http://www.zerohedge.com/
    Whether in response to rising scorching tensions with the US, or simply to provide support for the ruble, on Tuesday Russian President Vladimir Putin instructed the government to approve legislation making the ruble the main currency of exchange at all Russian seaports by next year, RT reported citing the Kremlin website.

    The head of Russian antitrust watchdog FAS Igor Artemyev, many services in Russian seaports are still priced in US dollars, even though such ports are state-owned. So, in order to “protect the interests” of dockworkers and their complyees with foreign currency obligations, the government was instructed to set a transition period before switching to ruble settlements.

    read more.
https://www.rt.com/business/403465-dollar-end-china-crude-rogers/

Click on image for article.

https://sputniknews.com/politics/20160915/1045341538/gold-yuan-china-dollar-eurasia.html

Click on image for article.

https://www.rt.com/business/319938-putin-dollar-oil-trade/

Click on image for article.

http://www.rt.com/business/314732-china-oil-contracts-dollar-yuan/

The Satanic WW3 drums will escalate. Watch for explosions, ‘accidents’ … in China. Click on image for article.

end

September 20, 2017 - Posted by | Economics | , , , , ,

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