China and Russia: Full Steam Ahead Towards a Cashless Society – Rory Hall

 

We reported back in November 2016 – Cashless World: 1 out of 3 People Never Use Cash – fewer and fewer people understand the importance of using cash to protect themselves from an overarching government warlord. At the time, China’s use of digitized currency was growing at about 40% per annum. This means millions of people each year freely hand over their cash and opt to use their cell phone, online currency transfers or a plastic debit/credit card to make 100% of their purchases. We see this as nothing short of happily going into the gulag of digital enslavement.

Eurasian Economic Union set to abandon dollar, euro — reports

The EEU countries could switch to national currencies in mutual payments by 2025-2030, the chairman of the board of directors of Russia’s National Payment Council, told the Izvestia newspaper

MOSCOW, December 2. /TASS/. Transactions in dollars and euros could be banned within the member-states of the Eurasian Economic Union (EEU) — Russia, Belarus, Kazakhstan and Armenia, the Izvestia newspaper reported on Tuesday.

The EEU countries could switch to national currencies (ruble, Belarusian ruble, Kazakhstani tenge and Armenian dram) in mutual payments by 2025-2030, the chairman of the board of directors of Russia’s National Payment Council, Alexander Murychev told the newspaper.

Struggle for the Ukraine

BERLIN/KIEV/MOSCOW (Own report) – The struggle between Berlin and Brussels, on the one side, and Moscow, on the other, for the predominating influence in the Ukraine is growing sharper. Since the end of 2012, the German RWE company has been systematically expanding its natural gas deliveries to this East European country. Its objective is to break Kiev’s dependence on Russian natural gas, by reversing the flow in the pipelines already in place, to deliver large quantities of the gas from the West. However, these efforts – also being supported by the German EU Energy Commissioner, Günter Oettinger – are not advancing rapidly enough. According to reports, pro-western circles in the Ukraine are complaining that Slovakia – without whose pipelines, a breakthrough would hardly be possible – is opposing the project. Brussels, therefore, should exert pressure on that country, because time is running out. The Ukrainian government signed a memorandum last week, which is considered an important step toward its integration in the Russian-dominated EurAsian Economic Community, about to be established. In Berlin, Ukrainian participation in this community is perceived as incompatible with Kiev’s integration into EU structures. This conflict, which in principle, has been going on for twenty years, is being fueled by this new accentuation.