Billions in Russian oil sale profits are stuck in Indian banks, marking a blow to President Vladimir Putin’s attempts to stop using the U.S. dollar for trade.

Commodities such as oil, gold and wheat are typically traded around the globe in U.S. dollars, the world’s reserve currency.

However Russia’s financial system was essentially isolated by Western sanctions imposed after Putin’s invasion of Ukraine, making his country unable to make transactions in greenbacks, thus limiting trade.

  • @surewhynotlem
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    211 year ago

    So you actually think there’s not a general theme of things going poorly for Russia?

    There are drones bombing their capital and their currency dropped significantly. International companies are leaving. They’re spending LOADS of money and lives and not really getting very far.

    What part of that sounds like it’s going not poorly, in a general sort of fashion?

    • @[email protected]
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      -261 year ago

      I never mentioned what a general theme for russia would or would not be.

      This is you making up an argument because you need something to argue against, and it can’t be what I’m actually saying.

      Since you’re going to carry this on forever, you may have the last word.

      Goodbye, and good luck. lol.

      • @surewhynotlem
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        211 year ago

        “Russia’s _____ not going according to plan” seems to be the running **theme ** lately.

        Only if you live in a propaganda bubble.

        So they said the theme is bad, you said no it isn’t. And now you’re saying you didn’t say that. And does that make you seem like a clear thinker? Someone whose opinion on the matter should be valued?

      • @[email protected]
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        81 year ago

        I just read the whole thread lol, you originally responded “only if you live in a propaganda bubble” to the first comment about things going for Russia being a theme.

        Sad to say, you’re incorrect in this chain of comments and are clearly just trying to deflect after making an unpopular reply in the first place.

        Go touch some grass.

      • @[email protected]
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        71 year ago

        I’m not who you’re responding to, but you may wish to check the first comment in the thread again.

        The first comment says “running theme,” which most people would interpret to mean generally.