Thank you @SeventyTwoTrillion for all your effort. :sankara-salute:
If you have any useful resource links please tag me in a comment with the link:
Examples of racism/euro-centrism during the Russia-Ukraine conflict
Add to this if you can, thank you.
Links
Time/Map: https://time.is/Ukraine
Leftist discussion threads:
https://hexbear.net/post/177324
https://old.reddit.com/r/GenZedong/comments/t03foy/genzedong_russiaukraine_master_discussion_thread/ :kitty-cri-texas:
Twitter military updaters:
https://nitter.42l.fr/RWApodcast
https://nitter.net/ASBMilitary :kitty-cri:
https://nitter.net/Militarylandnet
https://nitter.net/MihajlovicMike
https://nitter.net/KofmanMichael
https://nitter.net/TadeuszGiczan/status/1498673348183744518
https://www.youtube.com/c/DefensePoliticsAsia/videos
obvious disclaimers about taking all of them with tonnes of salt etc
Global South Perspective: https://nitter.net/kiranopal_/status/1498723206496145413
Better war/propaganda analysis:
https://www.understandingwar.org
https://www.moonofalabama.org/
News updates:
https://www.cgtn.com/special/UkraineCrisis.html
Live: https://www.cgtn.com/special/Live-update-Ukraine-Russia-border-crisis.html
YT/Video in Ukraine:
Previous megathreads
!news@hexbear.net RSS Feed https://hexbear.net/feeds/c/news.xml
It’s late and ive had a long day, maybe im being slow…can someone explain what exactly would functionally change with the ruble/gas situation if it goes according to Russia’s desire? Importers would deposit euro into Gazprom within their own country, which would then be used to purchase Rubles. …but what is stopping Russia from currently doing that now anyway, once the euro is in their banks? Why need the approval of the importer-country?
Since February of this year all Russian exporters had to sell 80% of foreign currency obtained through imports, now that’s going to be effectively 100% for non-friendly countries.
I suspect it’s some of the following:
- The seized National Wealth Fund was basically a scheme designed to devalue RUB by artificially inflating USD/EUR demand, making exporters’ expenses are lower, raising the profits of oil and gas sector. RF may be dropping the forced devaluation strategy both due to economic hardships imposed by sanctions and b/c there’s nowhere safe to put USD/EUR anymore.
- Having a private bank operating through larger part of the cycle means having more control over exchange rates and also allows to circumvent sanctions related to payments by making new banks if needed.
- This is a large Russia-Europe staring contest meant to elicit support for the one who doesn’t blink, and dedollarization that we’re so hopeful about isn’t actually in Putin’s plans.
im no expert and please correct me if im wrong:
nation x has to sell euros on its own market and purchase rubles, and then send the ruble to russia
selling euros lowers the value of the euro; purchasing rubles increases the value of the ruble
now that the value of the ruble is higher, they send it back to russia where it does not have to be converted and is worth more
whereas; sending the euro to russia means they have to flood their market with euros (or hold onto a currency that they dont have control over) and print more rubles which lowers value of ruble
But it seems that they can deposit in euro still?
"According to the decree, all payments will be handled by Russia’s Gazprombank, a subsidiary of state energy giant Gazprom.
Buyers will transfer payments into a Gazprombank account in foreign currency, which the bank will then convert into rubles and transfer into the buyer’s ruble account."
Why does Russia need Germany’s approval to have Gazprombank convert into Rubles?
