• Kaja Kallas
  • Moussa Faki Mahamat
  • Adrian Zenz
  • Matthew Kroenig
  • Andriy Yermak
  • Vitaly Savelyev
  • Oleksandr Korniyenko
  • Dainius Kreivys
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IPSE'S AUTHORS LAST 24h
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IPSEs IN THE LAST 24H
  • Abu Obeida
    Abu Obeida “The enemy has achieved nothing except carrying out death and destruction in its 200 days of war on Gaza. Israel is still trying to recover and restore its image. The enemy is in a quagmire, stuck in the sands of Gaza. It will reap nothing but shame and defeat. Two hundreds days on and our resistance in Gaza is as solid as the mountains of Palestine. We will continue our strikes and resistance as long as the occupation's aggression continues on our land. The occupation forces are trying to convince the world that they have eliminated all resistance factions, and this is a big lie.” 8 hours ago
  • Rishi Sunak
    Rishi Sunak “We will put the UK's own defence industry on a war footing. One of the central lessons of the war in Ukraine is that we need deeper stockpiles of munitions and for industry to be able to replenish them more quickly.” 8 hours ago
  • Wang Wenbin
    Wang Wenbin “The United States has unveiled a large-scale aid bill for Ukraine while also making groundless accusations against normal trade between China and Russia. This kind of approach is extremely hypocritical and utterly irresponsible, and China is firmly opposed to it.” 8 hours ago
  • Antony Blinken
    Antony Blinken “When it comes to Russia's defense industrial base the primary contributor in this moment to that is China. We see China sharing machine tools, semiconductors, other dual use items that have helped Russia rebuild the defense industrial base. China can't have it both ways. It can't afford that. You want to have positive, friendly relations with countries in Europe, and at the same time, you are fueling the biggest threat to European security since the end of the Cold War.” 8 hours ago
  • Sergei Shoigu
    Sergei Shoigu “In proportion to the threats posed by the United States and its allies, we will continue to improve the composition and structure of the armed forces and increase the production of the most popular weapons and military equipment. We will increase the intensity of attacks on logistics centres and storage bases for Western weapons.” 8 hours ago
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#yuan

Page with all the IPSEs stored in the archive with the tag #yuan linked to them.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

Alexandra Prokopenko
Alexandra Prokopenko

“The de-dollarization of the economy, which the Russian authorities are so proud of, essentially translates into 'yuanization.' Russia is drifting toward a yuan currency zone, swapping its dollar dependence for reliance on the yuan. This is hardly a reliable substitution: now Russian reserves and payments will be influenced by the policies of the Chinese Communist Party and the People's Bank of China. Should relations between the two countries deteriorate, Russia may face reserve losses and payment disruptions.”

author
Visiting fellow at the German Council on Foreign Relations
21 Mar 2023 (approx) 4 3
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Anton Siluanov
Anton Siluanov

“Is that a default? ... From Russia's point of view, we are fulfilling our obligations. If we see complications with executing the order then on Tuesday we will prepare a relevant transfer order in the rouble equivalent. Russia has the necessary funds to service its external obligations and may also use a yuan part of its gold and forex reserves if there is such a need. The freezing of the central bank and the government's foreign currency accounts can be seen as a desire by several Western countries to organise an artificial default.”

author
Minister of Finance of the Russian Federation
14 Mar 2022 6 3
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Anton Siluanov
Anton Siluanov

“We have part of our gold and foreign exchange reserves in the Chinese currency, in yuan. And we see what pressure is being exerted by Western countries on China in order to limit mutual trade with China. Of course, there is pressure to limit access to those reserves. But I think that our partnership with China will still allow us to maintain the cooperation that we have achieved, and not only maintain, but also increase it in an environment where Western markets are closing.”

author
Minister of Finance of the Russian Federation
13 Mar 2022 4 3
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Sagatom Saha
Sagatom Saha

“I don’t think the [Belt and Road Initiative] can yet serve as an effective vehicle for yuan internationalisation. You don't see many countries, except Pakistan, taking yuan loans even under the Belt and Road Initiative, in part because it’s not relatively useful for foreign reserves or global payments. [Belt and Road Initiative] could facilitate yuan internationalisation once the currency has reached a higher level of global acceptability, but it wouldn’t promote the currency to that point.”

author
Independent energy policy analyst based in Washington
12 Jun 2020 2 4
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