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.

      • MxM111
        link
        fedilink
        611 year ago

        You think everything goes according to the plan on Russian side? This “special operation” is the largest clisterfuck imaginable for them.

        • @Aurenkin@sh.itjust.works
          link
          fedilink
          English
          521 year ago

          You only think that getting your defensive line breached and continuing to lose ground 565 days into your 3 day offensive is bad if you’re in a propaganda bubble.

          • ☭ Blursty ☭
            link
            fedilink
            English
            -151 year ago

            getting your defensive line breached and continuing to lose ground

            Oh dear. And you’re accusing others of being in a propaganda bubble.

            • BombOmOm
              link
              fedilink
              English
              9
              edit-2
              1 year ago

              defensive line breached

              propaganda

              You do have a point. It’s actually the second defensive line breached now.

              (If you click on the link, hit the little castle icon to show the defensive fortifications.)

              • ☭ Blursty ☭
                link
                fedilink
                English
                -101 year ago

                You can read in more detail about that infinitesimal advance here.

                Ukraine’s military said on Monday that its forces had retaken the southern village of Robotyne, a tactical victory that underlines the immense challenge Kyiv’s counteroffensive faces in punching through deep and dense Russian defenses.

                The Ukrainian counteroffensive that began in early June has advanced only a few miles southward to reach Robotyne, in intense fighting with heavy casualties and equipment losses, and a similar distance on another axis to the east. The ultimate target of the thrust to Robotyne is the city of Melitopol, about 45 miles farther south, and more layers of Russian defenses lie in the way.

                This is the topographic map. They’ve walked into the lowest lying aread surrounded on all sides by higher ground.

                This is what they got for months of throwing tens of thousands of lives into the meat grinder for burgerland. Bravo!

                • BombOmOm
                  link
                  fedilink
                  English
                  71 year ago

                  Your map also agrees the first defensive line has been breached. Will you recant your statement that such a claim is propaganda?

                  • ☭ Blursty ☭
                    link
                    fedilink
                    English
                    -41 year ago

                    No, it’s propaganda to maintain that this is meaningful or significant.

        • @bobman@unilem.org
          link
          fedilink
          English
          -391 year ago

          No. But it seems ya’ll think nothing goes to plan on the Russian side. Which just isn’t true, unless you live in a propaganda bubble.

          Lol.

              • @surewhynotlem@lemmy.world
                link
                fedilink
                English
                261 year ago

                That doesn’t even make sense in context. Is English your second language? I’m happy to change how I phrase things.

                • @bobman@unilem.org
                  link
                  fedilink
                  English
                  -35
                  edit-2
                  1 year ago

                  You’re desperate to move goalposts to fool yourself into thinking you’re right.

                  Theme? What? Lol. I never said ‘generally.’ I never referred to ‘trends.’ I was talking about specifics. Specifically, you incorrectly interpreted my comment as ‘everything goes according to russian’s plans.’ Which is asinine. I never insinuated that. Just like with your ‘theme’ argument, you’re making stuff up that’s easier to argue against because you don’t really have a point.

                  Look, I’m sorry you’ve fallen for the propaganda. I support Ukraine. I believe they are winning the war. However, that doesn’t mean Russians aren’t doing anything right, which is what everyone here seems to believe.

                  If you can’t conceive of how much content is being filtered and censored to garner as much support for the war as possible, I literally can’t help you. You need more life experience.

                  • @surewhynotlem@lemmy.world
                    link
                    fedilink
                    English
                    201 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?

        • FarraigePlaisteach
          link
          fedilink
          18
          edit-2
          1 year ago

          Abuse, exploitation of the vulnerable and disinformation among its citizens. Actually, I would argue that the disinformation has been successful in Britain and the former colonies.

        • ☭ Blursty ☭
          link
          fedilink
          English
          -211 year ago

          They’ve made a mockery of US/NATO’s military capabilities. That’s a win surely?

          • BombOmOm
            link
            fedilink
            English
            91 year ago

            Russia is fighting the poorest country in Europe and is losing ground. In what way does that make a mockery of US/NATO capabilities?

            ‘We have suffered substantial losses in our war with NATO.’

            ‘How many losses has NATO suffered?’

            ‘NATO hasn’t shown up yet.’

          • @kbotc@lemmy.world
            link
            fedilink
            English
            51 year ago

            NATO military capabilities hinge on air superiority. We literally stopped making many of the things Ukraine wants because it doesn’t allow for quick decisive action like the US expected in a war with Russia or a Russian proxy. As an example, tube artillery was used in the US to start avalanches, not something we expected to return to service.

            They wanted ground launched weapons, but our stockpiles are guided bombs that we’d use with impunity after our stealth craft took out the SAM radar and launch sites.

            Go be a low level effort useful idiot for Russia somewhere else.

            • ☭ Blursty ☭
              link
              fedilink
              English
              -91 year ago

              But Russia ran out of ammunition last year didn’t they? Is the Ghost of Kiev not enough to guarantee air superiority? After all, he killed Putin on Snake island already and we’re now on like the third body double or something? And Ukraine is gaining ground. Fucking lol. The shit you american scumbags believe…

              • @kbotc@lemmy.world
                link
                fedilink
                English
                71 year ago

                I never argued a single one of those points, but if you insist: Russia is, indeed, having ammo problems. Asking North Korean for Korean War era stocks is absolutely not something a country who felt comfortable with their stocks of ammo would do. Russia, with a significantly larger Air Force cannot gain air superiority. It’s absurd that they could not before the NATO armaments showed up, and again, that they effectively cannot attack the civilian power supply shows NATO weapons outcompete Russian offensive firepower. Russia could not hold an island against a country with no navy!

                And if Ukraine is not advancing, why is official Russian news talking about retreating? https://www.themoscowtimes.com/2023/09/06/russia-announces-tactical-withdrawal-from-ukraines-robotyne-a82369

                • ☭ Blursty ☭
                  link
                  fedilink
                  English
                  -51 year ago

                  Russia is, indeed, having ammo problems. Asking North Korean for Korean War era stocks is absolutely not something a country who felt comfortable with their stocks of ammo would do.

                  I’m going to go ahead and bet this is another lie you were told. Ok I googled. It literally starts with “White House Says…” jesus man.

                  Russia, with a significantly larger Air Force cannot gain air superiority.

                  Significantly larger than zero, yes. What do you mean? Russia has all the air superiority?

                  It’s absurd that they could not before the NATO armaments showed up, and again, that they effectively cannot attack the civilian power supply shows NATO weapons outcompete Russian offensive firepower. Russia could not hold an island against a country with no navy!

                  It’s very hard to understand what you’re trying to say but I remember being told that they were attacking themselves in the nuclear plant. Remember that hilarious bullshit?

                  And if Ukraine is not advancing

                  Ok they’re advancing alright a couple of kilometers per 10k lives. Nice attrition rate. The Robotyne crap is just propaganda. They’ve got nothing but a kettle that’s soon to be destroyed. How do you believe any of this? They have you supporting Nazis ffs. Get your head out of the news and think for yourself.

          • Obinice
            link
            fedilink
            English
            41 year ago

            But they haven’t actually fought the US or NATO. At all.

            They’re fighting a weak, underfunded, undersupplied, independent European nation, and they’re not doing great. At all.

            Kinda sounds like Ukraine are making a mockery of Russia’s military capabilities, no?

            • ☭ Blursty ☭
              link
              fedilink
              English
              11 year ago

              This is what you were told to think so you’d continue to support America’s war.