Sunday 3 April 2022

How Putin’s Demand for Ruble Payments for Gas Will Play Out (w/ Richard Wolff)

Mar 30, 2022 • Germany buys 40% of its gas from Russia, via the Nord Stream 1 pipeline. These contracts are in euros and dollars, yet Russia is now demanding payment in Roubles. Germany has declined and warned that there may be shortages and rationing of gas.