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Russia Cuts Off European Gas Supplies, Starts Selling Dollars

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Vladimir Putin has been silent lately. But if anyone thought he had been shamed into defeat or marginalized, then think again. In the last few hours Russia has announced two key strategic decisions that show they are not going to stand idly by while their economy and way of life are destroyed by Western forces. First, presumably in response to stiff sanctions leveled by the United States and the European... 

Russia warns Europe over reselling gas to Ukraine

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Russia’s state-owned gas company Gazprom has warned European countries that it will limit natural gas supplies if they resell the natural gas to Ukraine. The company’s CEO Alexey Miller announced after Gazprom’s annual shareholders’ meeting on Friday that it is closely monitoring the situation and may curb supplies to nations that pump the Russian gas to Ukraine through reverse flow. “Our... 

Russia threatens to cut off gas supply to Ukraine by June 3

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Russia has set a deadline for Kiev to pay part of its debt to Moscow or the flow of Russian gas to Ukraine will be halted. The acting Kiev government has until June 3 to pay part of its debt or face cuts in natural gas supplies from Russia. According to Russia’s Gazprom CEO Alexey Miller, with last month’s consumption included, Ukraine’s debt will rise to USD 5.2 billion by June 7. Russia has... 
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