

By John Helmer, Moscow
@bears_with
The first Moscow casualties of the US and European plan targeting President Vladimir Putin and triggering Kremlin regime change have been revealed in the release over the past ten days of three presidential decrees and a half-dozen implementing orders from the Russian prime ministry.
The breaking news is that there are no casualties — but one rumour of one casualty circulated by the spokesman of the president, Dmitry Peskov, in order to deny it.
Early on Wednesday afternoon, the state news agency RIA-Novosti published the headline, “The Kremlin knows nothing about the rumours of Nabiullina’s resignation, Peskov said.” He was referring to the Governor of the Russian Central Bank (CBR), Elvira Nabiullina, who has been in the job since 2013.
The 10-line report went on: “’No, we don’t know about that. The president has repeatedly assessed [favourably] the work of the Central Bank,’ Peskov said, answering a question from journalists whether the Kremlin is aware of the alleged resignation of Elvira Nabiullina from the post of head of the Central Bank and how the president assesses the work of the Central Bank. Earlier, Peskov said that Putin repeatedly praised the work of the Central Bank in general and its head Elvira Nabiullina in particular.”
Until Peskov issued this denial, there was no trace of a rumour in the Russian media that Nabiullina was thinking of resigning, or that the Kremlin had decided to remove her.
There has been active public criticism of Nabiullina’s decision to raise the Central Bank lending rate to 20%, and her apparent unpreparedness to combat the US sanctions, which have frozen more than $450 billion in Central Bank currency reserves, and cut Russia’s leading banks from the SWIFT transaction system.
Leading the attack on Nabiullina has been Sergei Glazyev, the former Kremlin economic adviser and now the minister in charge of macroeconomic policy at the Eurasian Economic Commission. Glazyev has been joined by Mikhail Delyagin, an economist and State Duma deputy. They have accused Nabiullina of “aiding the enemy”.
“If our country is a sovereign state,” Delyagin said on television on March 4, “then why is Ms. Nabiullina still the head of the Bank of Russia, and not under investigation? We have people in jail for economic crimes, and yet a person who has already caused the economy to crash in 2014 and is going to do it for the second time feels just fine at her freedom.”
What can be detected in the series of Putin decrees and orders by Prime Minister Mikhail Mishustin is that a group of officials led by Mishustin, Defence Minister Sergei Shoigu and Federal Security Service Director (FSB) Mikhail Bortnikov, have taken charge of the new scheme to restrict Russian debt repayments to creditors in countries listed as hostile. This group is known as the Commission for Control of Foreign Investments (CCFI). According to Mishustin’s order No. 431-r of March 6, 2022, Nabiullina is not a member.
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