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Europe embargoes Russian coal ensuring higher coal prices

Europe embargoes Russian coal ensuring higher coal prices

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In addition to an already existing energy crisis – cutting off their nose to spite their face. Coal Miners Surge After Europe Backs Russian Coal Embargo, Assuring Much Higher Coal Prices Just moments after we warned that a European embargo on Russian coal would send already record coal prices surging even higher since Russia is such a critical supplier to Europe and since the world will have to find more expensive trade routes to satisfy the new, post-Ukraine reality… … the European…

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Boomerang Blowback: Sanctions On Russia Disrupt Food Supplies

Boomerang Blowback: Sanctions On Russia Disrupt Food Supplies

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Former Russian president Dmitry Medvedev threatened Friday to restrict the sale and export of Russian food and agricultural products only to countries with friendly relations with Moscow. He said Russia will not supply its food products to its enemies. Mr. Medvedev said, “We will supply food and crops only to our friends…and Russia will sell both for rubles and for their national currency in agreed proportions.” That means Russian crops such as wheat will not be purchased with US dollars….

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RUSSIAN SANCTIONS AND THE DEATH OF THE DOLLAR

RUSSIAN SANCTIONS AND THE DEATH OF THE DOLLAR

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John Titus is an expert on money, and has been on my podcast before. His YouTube channel is superb, although it will probably get torpedoed by the thought police soon. John joined me for a conversation around the Russian sanctions and why they will tank the US dollar; the stupidity of the West; what is real money and why it matters; the importance of gold and silver; and getting off the digital grid. John’s commentary is both savage and superb….

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Pozsar Warns Of Another “Lehman Weekend” As Russia Sanctions May Trigger Central Bank Liquidity Flood

Pozsar Warns Of Another “Lehman Weekend” As Russia Sanctions May Trigger Central Bank Liquidity Flood

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Zero Hedge, 28 February, 2022   In a remarkable show of force and unity, western powers cast aside all their previous concerns about Russian energy export dominance, and uniliaterally announced the nuclear option of imposing sanctions on the Russian central bank coupled with targeted exclusions from SWIFT of key Russian banks. *EU APPROVES BANNING ALL TRANSACTIONS WITH RUSSIAN CENTRAL BANK The move has sparked a bank run in Russia, as locals scramble to pull out whatever hard currency they can get their…

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EU/US decide to hit back against Russian banks

EU/US decide to hit back against Russian banks

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EU, US Agree To Expel “Selected Russian Banks” From SWIFT, Sanction Russian Central Bank (Update 5:10pm ET): In the latest major escalation, late on Saturday European nations together with the US have issued a joint statement in which they announce the following restrictive economic measuresthings: Commit to ensuring that “selected Russian banks” are removed from the SWIFT messaging system: “This will ensure that these banks are disconnected from the international financial system and harm their ability to operate globally.” Commit to imposing “restrictive measures…

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Russia to Exit U.S. Dollar – Other Countries Likely to Follow

Russia to Exit U.S. Dollar – Other Countries Likely to Follow

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Going for gold: Russia to eliminate US dollar from sovereign wealth fund THIS MONTH amid warning of politics sabotaging currency FILE PHOTO. © Getty Images / Pierre Perrin Russia’s sovereign wealth fund will take a punt on gold and slash $40 billion of US currency entirely out of its investment portfolio amid growing tensions with Washington, the country’s finance minister announced on Thursday. Anton Siluanov said that the National Wealth Fund would reduce its share of dollars to zero within…

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US imposes new sanctions against Russia, expels ten diplomats & targets national debt in move Moscow may view as major escalation 15

US imposes new sanctions against Russia, expels ten diplomats & targets national debt in move Moscow may view as major escalation 15

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This is all the western media will talk about.  You can see what Reuters has to say HERE U.S. set to slap new sanctions on Russia as soon as Thursday -sources The United States will announce sanctions on Russia as soon as Thursday for alleged election interference and malicious cyber activity, targeting several individuals and entities, people familiar the matter said. The sanctions, in which 30 entities are expected to be blacklisted, will be tied with orders expelling about 10…

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“Don’t Lecture Us”: Alaska Summit Opens With Dueling Barbs & Epic Anti-US Tirade

“Don’t Lecture Us”: Alaska Summit Opens With Dueling Barbs & Epic Anti-US Tirade

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US Sanctions 24 China & Hong Kong Officials Hours Before “Frosty” Alaska Summit Zero Hedge, In a move likely to sabotage any potential (however unlikely) diplomatic breakthrough with China, on the eve of the much anticipated Alaska talks which kick off Thursday between delegations headed by Secretary of State Antony Blinken and China’s two top diplomats, the Biden administration slapped sanctions on 24 Chinese and Hong Kong officials.  This in response to Beijing’s voting through the sweeping Hong Kong election overhaul…

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