The world is like a chess game, and the EU is in the middle of an energy crisis, forcing it to hesitate to ruble or run out of gas. Putin's clever chess has made Russia a lot of money, global energy** has soared, and European residents have wonderfully used wood for heating. The Russian currency, the ruble, counterattacked, the exchange rate climbed, and the American consortium secretly bought Russian corporate bonds, benefiting the economy greatly. ** The speaker of the Home Duma called for the expansion of ruble settlements, and European countries fell into a crisis where "the fire has burned to the brow". Germany's reserves are insufficient, and the crisis command is activated, but it is whispering to buy more expensive natural gas, and it is doubtful whether it can achieve its goal of leaving Russia in 2024.
In the blink of an eye, European countries have played an unexpected role in the Russia-Ukraine conflict. The EU countries, which had unanimously besieged Russia, have become the side of "sanctions" and have fallen into a serious energy crisis. Russia, on the other hand, has reaped huge benefits because of Putin's ingenious tactics.
First of all, the global energy** is soaring, especially in Europe, and the energy** is soaring. Some European residents have even begun to use medieval wood for heating, a profound reflection of the impact of Russia's strategy on European countries that rely heavily on Russian energy.
Secondly, the Russian currency, the ruble, was once sharply ** before the Russia-Ukraine conflict, but now it has achieved a "complete counterattack". The ruble exchange rate against the US dollar has been **, triggering a wave of secret purchases of Russian corporate bonds by American consortiums. The Russian economy did not suffer much from Western sanctions, but instead reaped huge benefits. The Russian side even began to peg the ruble to **, trying to establish a gold standard for gas rubles, which poses a serious challenge to the hegemony of the dollar.
At this critical juncture, the speaker of the ** Home Duma Volodin publicly stated that it would be a wise move to expand the list of export goods in rubles. In addition to natural gas, Russia's exports of oil, grain, timber and other goods will also be settled in rubles. He stressed that unfriendly countries should seriously consider how to use rubles for settlements, and not continue to look for excuses for not being able to use them.
European countries are facing the threat of cutting off gas, but the Russian side has tasted the sweetness at this time, and its confidence has greatly increased, and it has further stepped up its weight and launched more far-reaching actions. According to relevant reports, the speaker of the ** Duma Volodin said that in addition to natural gas, the export of Russian oil, grain, timber and other commodities in the future will also be settled in rubles. This decision caused a huge stir in the international arena and forced unfriendly countries to re-examine their economic dealings with Russia.
Seeing that March 31 is approaching, Gazprom will complete the adjustment, and Putin issued an ultimatum that after March 31, the Russian side will directly tighten the gas valves of unfriendly countries that are unwilling to use rubles for settlement. However, European countries have not yet found a leading alternative to Gazprom, especially Germany, which has just been stranded due to the "Nord Stream 2" project, is in a predicament.
Germany faces a shortage of gas reserves, and although European gas consumption will fall due to warmer weather, Germany must reach 80% reserves by November to prepare for the next winter. Once Russia's ** is lost, this goal for Germany is clearly difficult to achieve.
In the face of the crisis, Germany announced the creation of a crisis command and the activation of an emergency early warning mechanism to purchase gas from LNG terminals such as Belgium, France and the Netherlands for storage in case Russia stops**. Germany has had to quietly buy more expensive gas from other EU countries, however, most of this gas is also imported from Russia.
Germany is clearly determined to fight Russia to the end, to stop importing Russian oil and coal by the end of 2022, to wean itself off Russian gas by 2024, and finally to achieve the strategic goal of weaning itself off all Russian energy sources. However, there is a great deal of uncertainty about whether Germany will be able to do so.
Under the current circumstances, once Russia cuts off its gas, it will deal a heavy blow to the German economy, and may even trigger large-scale demonstrations and turmoil in the country. And in the long run, the high import of natural gas from countries other than Russia will greatly weaken Germany's economic development. Perhaps on the day when the economy is overwhelmed, Germany will still need to bow to Russia and ask for ** gas and other energy products. At this time, people may not be able to help but think of the emotion of knowing today, why bother at the beginning.
This article is a profound and vivid analysis of the energy crisis in Europe under the current Russia-Ukraine conflict, describing in a neutral tone the impact of Russia's "ruble diplomacy" strategy on Europe. The author uses vivid metaphors, such as "the world is like a new chess game" and "Putin's clever chess", etc., to make complex international relations issues closer to readers and easier to understand.
First of all, the article highlights the successes of Russia in the global energy market through "ruble diplomacy". Putin's ingenious strategy has led to a soaring surge in global energy, especially in Europe. This has not only benefited Russia a lot, but also caused European countries to face a serious energy crisis. The "spectacle" of depicting the use of wood for heating by the inhabitants of Europe is vividly displayed.
The impact of the Russian strategy on European countries impresses the reader.
Secondly, the article points out that the Russian currency, the ruble, was large before the conflict, but now it has achieved a "complete counterattack". The ruble was exchanged against the US dollar**, triggering a secret acquisition of Russian corporate bonds by an American consortium. This phenomenon not only benefits the Russian economy from sanctions, but also poses a challenge to the international monetary system. The article cleverly underscores Russia's economic power and threat to the hegemony of the dollar through the idea that the ruble is pegged to **.
The article goes on to introduce the statement of the speaker of the Duma, Volodin, that the list of goods settled in rubles will be expanded. This decision has attracted international attention and demonstrates Russia's determination to use the ruble for **. The author provides strong support for the position of the Russian side by quoting the words of the speaker, emphasizing that unfriendly countries should seriously consider the issue of using rubles for settlements.
The article then turns to an analysis of the gas outage crisis faced by European countries. Germany, in particular, is in a predicament of gas outages due to the "Nord Stream 2" project being stranded. Germany has set up a crisis command and activated an emergency warning mechanism to purchase more expensive natural gas for storage. This situation underscores both Germany's urgent concern for energy security and its dilemma in weaning itself off Russian energy.
Finally, the article puts forward Germany's strategic goal of stopping imports of Russian oil and coal by the end of 2022 and weaning itself off Russian gas by 2024. But the article also questions whether Germany will be able to achieve this goal, pointing out the challenges and possible economic risks of the energy transition.
Overall, this commentary** fully affirms the depth and vividness of the original text, and provides a powerful perspective on the analysis of Russia's strategy in the energy sector and the dilemma faced by European countries.
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