Tag Archives: alternative payment system

Russian payment system alternative to SWIFT to be finalized in six months

Posted by aurelius77 on

An alternative to the U.S.-ran world has been planned for a while and now it’s already almost formed. All that’s missing is the putting together of a few final pieces, then deployment after a U.S. collapse and for the next world superpower(s) to fill the vacuum.

 

It was reported earlier that the Russian Central Bank was going to launch the system in autumn of 2015

VLADIVOSTOK, September 3. /TASS/. Russian payment system – alternative to SWIFT – will be finalized within six months, Deputy Finance Minister Alexei Moiseev told TASS Thursday. Continue reading →

Russia’s Gazprom plans to sell gas for rubles

Posted by aurelius77 on

MOSCOW, April 07. /ITAR-TASS/. Russian gas giant Gazprom is considering more active use of the ruble in settlements with foreign contractors, Vedomosti business daily reported on Monday, quoting Gazprom spokesperson Sergei Kupriyanov.

Gazprom Neft is also discussing a shift from US dollars to euro payment in settlements with buyers, ITAR-TASS had reported earlier in the day, quoting Gazprom Neft CEO Alexander Dyukov. Continue reading →