Russia-Ukraine war: Putin in response to Western sanctions

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Russian Invasion of Ukraine – Day 28: The war in Eastern Europe continues even today as the Russian military continues intense airstrikes on many focal points in the country. As a result, reports of severe economic sanctions from the West on Russia continue, including sanctions in the field of energy. President of Russia, Vladimir PutinAnnounced today (Wednesday) that Russia will begin selling gas to “unfriendly” countries in the ruble, after the freezing of Russia’s assets by those countries, “destroyed Moscow’s trust”.

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Putin met with senior cabinet ministers, stressing in a statement to local television that “Russia will, of course, continue to supply natural gas in line with the prices set in past contracts. The changes will only affect the payment currency that will be changed to Russian rubles.” The Russian president added that the government and the central bank have only one week to find a solution, how to transfer these actions to the Russian currency, and that the gas giant “Gazprom” will be summoned to make these changes.

Nord Stream 2 gas pipeline (Photo: REUTERS / Hannibal Hanschke)
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It was also reported in the country that as of January 27, Gazprom’s natural gas sales to Europe and other countries were made mainly in euro. Putin added that “there should be an understandable and transparent procedure of making payments for foreign buyers, including the purchase of Russian rubles in our local currency market.”

Meanwhile, reports continue on efforts to reach a ceasefire between the parties. President of Ukraine, Volodymyr Zlansky, Said last night that “the negotiations are difficult, but we are moving step by step.” He added that “we continue to work at different levels to make sure that Russia is convinced that this terrible war needs to be stopped,” he added. Meanwhile, the Russian Foreign Ministry reported that the countries have already held two prisoner exchanges between them.

In the shadow of the reports, Prime Minister Naftali Bennett spoke with Putin once more, the Kremlin said. “Naftali Bennett shared his views on the situation in Ukraine, taking into account his contacts with the leaders of several foreign countries, and expressed some ideas about the ongoing negotiation process between Russian and Ukrainian representatives. Vladimir Putin gave his assessment of the negotiations and expressed condolences on the terrorist attack in Israel.” .

It is estimated that about 100,000 civilians are trapped inside buildings, with no access to food, water, or electricity in the besieged city. However, Zalansky noted that more than 7,000 residents managed to escape last night. The Ukrainian president further claimed that a humanitarian convoy had been captured by Russian forces and Ukrainian government workers had been taken prisoner.

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