Hacker News new | ask | show | jobs
by s1artibartfast 1433 days ago
There is a lot of ongoing development on this front, although it has largely fallen out of the US media.1[1]

It looks like Russia is also only accepting rubles for wheat [2].

This is the obvious and natural result from the sanctions. OF course they will not accept a currency they can not spend anywhere.

[1] https://www.russia-briefing.com/news/russia-insisting-paymen...

>The EU’s executive body told the EU governments in a closed meeting that the authorities were not preventing companies from opening accounts with Gazprombank and would allow them to buy gas in line with EU sanctions.

>The EU will get a taste of what this means as Russia is turning off the still-operating Nordstream 1 pipeline for ‘routine scheduled maintenance’ from next Monday, July 11th to July 21st.

[2] https://dailytimes.com.pk/962297/russia-imposes-ruble-restri...