“We should act carefully. At the moment we are trying
to agree with some countries to trade in national currencies”
Image Credits: Remy Steinegger
via Wikimedia Commons
by ZERO HEDGE | AUGUST 14, 2014
On one hand, despite initial weakness following
Europe’s triple-dip red alert, futures declined only to surge higher after some
headline or another out of Russia was again spun to suggest imminent Ukraine
de-escalation (something which Russia whose only interest is to keep crude
prices high, has absolutely zero interest in), perpetuating a rumor
which was set off by a Russian media outlet tweet last week that has sent
S&P futures over 50 higher in less than a week on… nothing.
On the other, Putin just said the following, which no
matter how one spins it, shows precisely how Russia is inclined vis-a-vis
future (un-de-counter) escalations.
PUTIN SAYS RUSSIA SHOULD AIM TO SELL OIL AND GAS FOR
ROUBLES GLOBALLY, AS DOLLAR MONOPOLY IN ENERGY TRADE IS DAMAGING ECONOMY.
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