Russia and much of the world have been seeking to dedollarise for a while. In the wake of the Russian military operation in Ukraine, one of the outcomes of countersanctions by Russia against the US and the rest of the west is them being forced to use the Russian Rouble to buy oil and gas.
This does something Russia has wanted to do for a while: reduce US dollar hegemony.
I have just returned from my annual sojourn to America recently; Texas and California to be exact.
This might have been the first time I had ever been to Texas and not see someone wearing a cowboy hat. Amazing, since I spent 10 days there (14 days in Cali). Equally amazing was not seeing any police, or very, very few in both places.
The main thing about living anywhere in the world is your attitude.
How easily you can adapt to living outside your “comfort” zone, to how willing you are in accepting a new reality.
There are advantages and disadvantages to living anywhere. I think this goes without saying, but I obviously have to say it to put things into perspective for some.
I have often said that you cannot compare Russia to the established Western world. One has emerged from 75 years of Communism, not to mention a whole host of tragic historical and cultural norms, to a meshing of free market policies and a new world order in the 21st century.… Click here to continue reading this article
Russian Ukrainian Adventures Forum Newsletter – Summer 2015.
It has been over a year since we sent out a newsletter, so we thought one was long overdue.
We would like to bring you up-to-date on the changes at RUA the last year.
The Forum Has Changed Direction a Little to Include More Travel, Culture, News and Politics.
The site was stuck in what is a dying and declining niche. When the site first started back in the mid naughties, it was firmly aimed at what some termed the “mail-order bride” niche.… Click here to continue reading this article
Two for the Price of One: De-dollarise and Reduce American Hegemony.
As America’s influence in the world slowly declines, the de-dollarisation that goes along with it will benefit Russia and the rest of the world.
Russia has made no secret of the fact that it would like to see the rouble more widely used, and a reduction in the use of US dollars.
Putin and Medvedev have many times referred to a desire to see the rouble as a reserve currency. In order for this to become more of a reality, Moscow needs to continue its development as a regional financial hub.… Click here to continue reading this article
Russian-Produced Food Will Replace Imports Completely According to Russian Agriculture Minister
Importozameshcheniye (import substitution) is the new buzzword at the Russian Agriculture Ministry.
The Russian Agriculture Minister Alexander Tkachyov has once again underlined the ongoing policy of import substitution in Russia. He said that produce from Russian farms will eradicate the need for foreign food imports from the Russian market completely within a decade.
Some think this too optimistic, but Russia has the fourth-largest acreage of arable land in the world, and no shortage of fresh water. Analysts say this should be enough to underpin a huge ongoing increase in agricultural production.… Click here to continue reading this article