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World

Putin's roubles-for-gas scheme could split Europe

26 March 2022

5:00 PM

26 March 2022

5:00 PM

Russia’s latest gambit in the Ukraine conflict is to open a currency war with the West. Vladimir Putin’s declaration that Russia will only accept roubles as payment for natural gas bought by ‘unfriendly’ countries is the latest salvo in the long-running attack by Russia and China on the petrodollar system.

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