BlackRock CEO Larry Fink told shareholders in a letter on Thursday that Russia’s “decoupling from the global economy” following its assault on Ukraine has caused governments and companies to examine their reliance on other nations.
“The Russian invasion of Ukraine has put an end to the globalization we have experienced over the last three decades,” Fink wrote.
Russia to accept Bitcoin as payment for energy exports, says Pavel Zavalny, Chairman of the Energy Committee.
“The currencies used can be different and its a normal practice. If it’s Bitcoin, then it’s Bitcoin,” Zavalny said.
What is the reaction abroad to Putin’s decision to supply Russian gas for rubles?
🇪🇺 EU has not ruled out that this topic will be discussed today or tomorrow at the EU summit;
🇺🇦 Ukraine, meanwhile, has called on Russian gas importers not to agree to Moscow’s demand;
🇩🇪 Russia’s largest trading partner in Europe has not yet formed its position. Germany says that it does not understand or comment on Moscow’s decision, but it has not ruled out a deterioration in gas supplies’ situation;
🇵🇱 Poland does not see the opportunity to pay in rubles, while the PGNiG concern has recalled that the contract with Gazprom is valid until the end of the year. Earlier Warsaw said it wanted to completely cut off Russian gas supplies;
🇦🇹 In Austria, an immediate rejection of Russian gas is considered impossible, but even here they want to pay in euros;
🇮🇹 Italian Prime Minister Giavazzi’s economic adviser also believes that Russian gas should still be paid in euros, while electricity prices have risen noticeabl