Dedollarization Proceeds

12 Hours ago, #Russia shut down the gas pipeline to #Poland and #Bulgaria for refusing to pay in #Rubles.

10 Hours ago, #Poland AGREES to pay in Rubles

6 Hours ago, #Bulgaria and #Austria agree to pay in Rubles

5 Hours ago, the #EuropeanCommission authorized European Countries to pay for gas in Rubles . . . .

So much for the efficacy of sanctions. #Money is #influence. #NaturalResources is #power.

Mining and Refining: Quartz, Both Natural and Synthetic

#engineering #featured #interest #originalart #mining #naturalresources #quartz #hackaday
posted by pod_feeder_v2

Mining And Refining: Quartz, Both Natural And Synthetic

So far in this series, pretty much every material we’ve covered has had to undergo a significant industrial process to transform it from its natural state to a more useful product. Whether it…

The World's Richest Little Isle (1982)

Few islands in the South Pacific look less promising from the air. Instead of the usual verdant atoll -all palm trees and beaches - the island is more like a chunk of gray lunar landscape encircled by a thin ribbon of green along the shoreline. In the interior, a few sparse clumps of vegetation stand out amid stark rock pinnacles. Clearly, this is not an ordinary tropical paradise.

Yet this unprepossessing island - 26 miles south of the Equator, about midway between Hawaii and Australia and hundreds of miles from anywhere -is the envy of the South Pacific. For this is the Republic of Nauru - all eight and a half square miles of it. Nauru, with a per capita income surpassing that of any oil-rich Arab nation, is the smallest and wealthiest independent democracy in the world.

https://www.nytimes.com/1982/03/07/magazine/world-s-richest-little-isle.html

#Nauru #limits #NaturalResources #NaturalResourceEconomics #SouthPacific #LimitsToGrowth

WORLD'S RICHEST LITTLE ISLE (Published 1982)