Chinese yuan hitting its stride in oil trade

Xi Jinping’s campaign to replace the dollar with the Chinese yuan in the global energy trade is having the seriously great September. Last week, Russian huge Gazprom announced an agreement to invoice payments for shipments in order to China in yuan and rubles rather than dollars. Oil colossus Rosneft PJSC is also rolling out Russia’s biggest-ever yuan-denominated […]

The submit Chinese language yuan hitting its stride in essential oil trade appeared first upon Asian countries Times .

Continue Reading

New open cracks in Russian war support

Russia’s battlefield setbacks in Ukraine are shaking support for Vladimir Putin’s management of the war among supporters, if not support for the invasion itself. Pioneer critics are visible online with their critiques, and some are quite acerbic. “There are NO thermal imagers, NO bulletproof vests, NO reconnaissance equipment, NO secure communications, NOT enough copters, NO […]

The post New open cracks in Russian war support appeared first on Asia Times.

Continue Reading