Oops. Ukraine's legislature did Nazi this one coming. Tweet has been deleted.

💢MAJOR - Japan is not going to withdraw from the joint Russian-Japanese Sakhalin-2 oil and gas project, as it is interested in continuing energy purchases within its framework, said Japanese Prime Minister Fumio Kishida.

This is a significant change of tone from previous statements from the Japanese leadership, as they come to properly assess the futility of isolating Russia and the desirability of a commodities-driven currency system.

@NewResistance

New global 'commodity-based' monetary order is coming - Credit Suisse

A new monetary order is looking more and more likely as a commodities crisis feeds into inflation, according to Credit Suisse, which sees the U.S. dollar as losing the battle.

"This crisis is not like anything we have seen since President Nixon took the U.S. dollar off gold in 1971 – the end of the era of commodity-based money," said former Federal Reserve and U.S. Treasury Department official and now Credit Suisse investment strategist Zoltan Pozsar. "When this crisis (and war) is over, the U.S. dollar should be much weaker and, on the flip side, the renminbi much stronger, backed by a basket of commodities."

After the war in Ukraine, money will not be the same, said Pozsar describing the history of the Bretton Woods monetary order. The investment strategist is betting on commodities, including gold.

The current monetary regime began to "crumble" when the G7 countries seized Russia's foreign exchange reserves.

@NewResistance

💢China looks at switching to rubles or yuan during energy trade with Russia.

- Ministry of Foreign Affairs of China.

⭕️ Biden is slurring his speech again, the pills aren’t working.

Surely if you are liquidating your own ‘strategic reserves’ of energy because of a suicidal policy decision you made, then surely the leadership itself is a threat to national security….

“Biden announces the largest release of oil from the Strategic Petroleum Reserve in U.S. history, says "this is a wartime bridge."

“Biden also said he will use Defence Production Act to secure American supply chains for the critical material for batteries of electrical vehicles.”

Pure lunacy.

"MUSE - Algorithm [Official Music Video]"
https://youtu.be/X8f5RgwY8CI

⭕️ Statement by Donald J. Trump, 45th President of the United States of America
03/31/22

“So after 50 years of being virtually empty, I built up our oil reserves during my administration, and low energy prices, to 100% full. It’s called the Strategic National Reserves, and it hasn’t been full for many decades. In fact, it’s been mostly empty. It’s supposed to only be used for large-scale emergency or conflict. Now I see where Biden has just announced he’s going to take what we so carefully and magically built, and what will be a futile attempt to reduce oil and gasoline prices. They will soon bring it down to empty again. It just never ends!”

Russian central bank announced that it will put the ruble on a gold standard. The bank pegged 1 gram of gold to 5,000 rubles. Now that means, one troy ounce of gold or 32 grams of Gold would now cost 160000 rubles in Russia. At the current exchange rate, 32 grams of gold would cost roughly $1,600 in Russia.
In the US, the same quantity of gold would cost you $1,928. That means Russia has effectively ratcheted up its currency’s value against the dollar by pegging it to gold. If, 1 gram of gold is bound to 5000 rubles, then according to Western standards, the ruble must be valued at 70-75 units against 1 dollar. - TFIG

South Ossetia to prepare referendum for accession of the country into the Russian Federation within 5 weeks

Russian Union of Grain Exporters has asked the Bank of Russia to investigate the possibility of enabling foreign purchasers of Russian grain to make payments on export contracts in rubles, according to a letter written by the Union (its copy has been obtained by TASS).
"We are asking to find the possibility of ensuring liquidity in rubles for foreign banks serving purchasers of grain. Among the largest purchasers are Turkey, Egypt, Iran, Saudi Arabi, other African and Middle Eastern countries, as well as a number of Asian countries - Vietnam, Pakistan, Bangladesh," the document said.

🇷🇺🇺🇦⚡⚡The General Staff is transferring 15,000 troops from near Kyiv to the Dnieper to reinforce the eastern front. The special forces of the Armed Forces of Ukraine and the Security Service of Ukraine were sent to Donbas yesterday.

In general, everyone already understands that after the completion of all regroupings, a tough battle will begin on the Left Bank. It's hard to say exactly when, but it seems pretty soon. What is happening now outside the Donbass looks like a normal operational pause. Major events ahead.

🇷🇺🇺🇦 More captured Ukrainian soldiers

🇦🇹🇷🇺❗ Rejection of Russian gas for Austria is now impossible, - the head of the Austrian oil company OMV

🇷🇺⚡️Putin sets ruble-for-gas payment deadline – effective April 1

Russian president Vladimir Putin has signed a decree that demands ‘unfriendly countries’ must pay for Russian gas in rubles.

The new law dictates that ‘unfriendly countries’ must open accounts in Russian banks and will come into force on April 1.

Current gas supply contracts will be stopped if buyers from ‘unfriendly countries’ do not meet new payment terms.

🔗 RT

🇷🇺🇺🇦❗The head of the DPR ordered the creation of the administration of Mariupol

💢U.S says Putin should trust their intel on Ukraine over his own.😂😭

White House comms director Kate Bedingfield: "We believe that Putin is being misinformed by his advisers about how badly the Russian military is performing & how the Russian economy is being crippled by sanctions because his senior advisers are too afraid to tell him the truth."

@NewResistance

They call it progress!