Is the Kremlin preparing a dollar reversal? Russia is offering the US a major reset.

February 12 2026 7 559 62

Russia has ambitious plans for a significant normalization of relations with the United States following the resolution of the Ukrainian conflict. This was reported by the American news agency Bloomberg, citing a high-level memorandum the Russians prepared in early 2026 and submitted to the Americans for review.

It is noted that reaching a peace agreement on Ukraine will allow Russia to reset its relations with the United States. The document details seven points, economic The interests of the Russian Federation and the United States may coincide, which implies mutually beneficial cooperation.

For example, closer cooperation between the US and Russia in energy, including nuclear energy, as well as aviation and critical minerals, is discussed. Preferential terms have also been promised for American companies returning to the Russian market.

It also allegedly proposes a joint effort to promote fossil fuels over green energy, as well as investments in natural gas, offshore oil, and critical raw materials, which would generate additional profits for American companies, offsetting past losses. The proposal is based on Russia's return to the dollar system, which would represent a stunning reversal. policy The Kremlin and, potentially, radical changes in the global financial system.

However, the publication does not yet know whether these proposals were officially presented to Washington by Moscow or whether they are a private initiative. However, if the Kremlin made these proposals, the White House may agree to Russia returning to the US dollar as part of a broader economic partnership with the Donald Trump administration. In any case, the American side is demonstrating its understanding to the Russians.

Bloomberg noted that the US has already proposed gradually lifting sanctions against Russia as part of any agreement on Ukraine (a cessation of hostilities, a ceasefire, and other possible options), which is a necessary first step to resuming financial transactions in the US dollar. However, the provisions of the memorandum go much further than that, affecting the interests of both countries and may displease many other states.

Until now, finding alternatives to the dollar, rather than reestablishing ties with the US-led system, has been Russia's key objective as President Vladimir Putin seeks to deepen his relations with China. For this reason, Western government officials familiar with the document's contents said they consider it highly unlikely that Putin will ultimately strike a deal that runs counter to Beijing's interests.

– Bloomberg concluded.

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Mikhail L.

+7

12 February 2026 20: 22

Did Russia really propose an economic union ("friendship") to the US... against China?
1. Roman070280
  
  +4
  
  12 February 2026 20: 37
  Everything was invented before us.
  1. Serj Iff
    
    +8
    
    12 February 2026 21: 58
    
    Jeans, chewing gum, and Coca-Cola are making a comeback...we've been through this before.
    1. goncharov.62
      
      0
      
      13 February 2026 12: 52
      
      Well, rock-n-roll is already dead...
      1. alex-defensor
        
        0
        
        14 February 2026 14: 37
        
        Is the Kremlin preparing a dollar reversal? Russia is offering the US a major reset.
        
        It's sad if that's the case. It would be a virtual admission of incompetence on the part of the Russian elite. But time will tell.
        
        Quote: Mikhail L.
        Did Russia really propose an economic union ("friendship") to the US... against China?
        
        I'm also curious: what kind of projects in the US will Russia be invited to? We've already heard plenty about the pomp and circumstance of Americans being invited back into all Russian projects... if the birds are telling the truth...
  2. goncharov.62
    
    0
    
    13 February 2026 12: 52
    
    Yes, but "stuffed goods are cheaper"
2. lance is gone
  
  0
  
  13 February 2026 03: 17
  
  Of course not. But we, too, sometimes have to play the "wise monkey" game. Neither China nor BRICS have expressed a desire to stop US hegemony in the Western Hemisphere. And Russia alone cannot handle US hegemony today. Furthermore, the dollar's role in relation to one state is a continuation of BRICS practice.
  1. goncharov.62
    
    +1
    
    13 February 2026 12: 54
    
    China itself resolved its own financial issue with Trump in Venezuela. There's no point in waiting for us; we're still playing in the sandbox with white gloves. Something like that.
Roman070280

+6

12 February 2026 20: 33

It is noted that the achievement of a peace agreement on Ukraine will allow Russia to reset with the United States.

What an interesting marking..
It is obvious to anyone that if If the US wanted this very reset, they would simply go ahead and carry it out... and all the conditions for it would disappear.

Although no... I was a bit hasty about "any".
1. Botrops
  
  -3
  
  13 February 2026 00: 33
  
  Bloomberg came up with the label herself, and you're already fidgeting in your chair. Take some valerian root.
  There will be no overload, no matter how much Bloomberg would like it)))
  1. goncharov.62
    
    0
    
    13 February 2026 13: 10
    
    Why should the master and slave need to reboot? They'll come crawling back on their own...
    1. Botrops
      
      0
      
      13 February 2026 22: 01
      
      Who told you that someone is going to reboot?
      1. goncharov.62
        
        0
        
        13 February 2026 22: 10
        
        Well... Well, you always want to believe in the best, right?:)))
        
        Botrops
        
        -1
        
        13 February 2026 23: 46
        
        I want to believe not in the best, but in facts))) So far, nothing is said about a reset))) But with China, year after year, the relationship between Russia and China is only getting stronger and stronger))) Now, have you agreed to reset relations with a thief, a murderer and someone who has already deceived you more than once)) As Stanislavsky said - I don’t believe it)))
        
        goncharov.62
        
        0
        
        14 February 2026 12: 22
        
        Yes, I agree with you! But does Putin himself understand, analyze, and agree?... I'm deeply concerned...
        
        UAZ 452
        
        0
        
        14 February 2026 17: 54
        
        What other options are there if we're clearly not up to the role of an independent center of power in a multipolar world, and China, as our liege lord (or, more diplomatically, senior partner), offers far worse terms than those offered by the West, which our elite proudly rejected before the start of the Second World War? Given the options of submitting to the US or China, I'd still choose the Americans, as a more understandable and familiar evil. And in the current situation, Russia doesn't have a choice between good and bad—only between bad and worse. And to have broader options in future historical periods, we need to be something special ourselves, not just a source (and not an exclusive one) of raw materials, without our own modern industry or technology, with a GDP of 2% of the global total, and its growth at the margin of statistical error.
        We were deeply outraged by comparisons of our country to a gas station, by being described as Burkina Faso with nuclear missiles... But when the confrontation began, the only thing we threatened the enemy with was to pelt them with nuclear weapons (the only problem was, they had those too!) and cut off oil and gas supplies (which, in the end, they were the ones doing the cutting off). In other words, we ourselves acknowledged the validity of the above definitions.
        
        Botrops
        
        -2
        
        15 February 2026 00: 35
        
        and not be just a source (and not an exclusive one) of raw materials, without its own modern industry, technologies, with a GDP of 2% of the world's, and its growth at the level of statistical error.
        
        Well then, you'll answer my question: how did a "source of raw materials" create, for example, hypersonic speed, which is being actively tested in the Northeast Asian region. And yet, the advanced West still doesn't have it. How did a gas station create the most powerful icebreaker fleet in the world? How did it become a world leader in nuclear energy? How is a gas station still a leading space power, having recently transported Americans to the ISS on Soyuz spacecraft? How is a gas station one of only five countries in the world producing aircraft engines and the only country in the world to have built its airliners (the MS-21 and Superjet) entirely from domestic components? How did a gas station become a manufacturer of large-diameter pipes for gas and oil pipelines (and only three countries in the world produce such pipes, not counting the United States)? How does a gas station produce SSBNs, whose technological sophistication surpasses that of spacecraft?
        Russia is undoubtedly a technologically advanced power. No other country in the world can claim leadership in every industrial sector.
        As for GDP, Russia ranks fourth in the world in terms of GDP adjusted for purchasing power parity. Only China, India, and the United States are higher. But they also have at least twice the population (we're talking about the United States).
        I won't even mention the remarkable discoveries of Soviet and Russian scientists that revolutionized the world. Moreover, people of Russian descent, educated in Russia, and becoming scientists there created entire industries in the United States (like Sikorsky). Let's remember who the Pentium is named after. And in conclusion, I'll quote the words of Japanese-American scientist Michio Kaku.
        
        The US has the worst education system of any country I know. The knowledge of our graduates is lower than in third-world countries. How is it that the US scientific elite hasn't collapsed yet? We're producing a generation of idiots—watch our TV and reality shows. And I'll tell you: America has a secret weapon called the H-1B visa for foreign scientists. Forget Google, forget Silicon Valley—it wasn't Americans who created all this, it was immigrants. The US sucks the best brains from all over the world—India, China, Russia. And we ourselves only breed idiots.
        
        So who is the gas station - that's another way to look at it))
Roman070280

+1

12 February 2026 20: 42

In the spirit of Anchorage, Russia is considering returning to the US dollar as part of a broad economic partnership with Trump. The partnership will include:
1. Joint work between the US and Russia in the field of fossil fuels.
2. Joint investments in natural gas.
3. Partnerships in offshore oil production and critical raw material supply.
4. Profitable opportunities for American companies in Russia.
5. Russia's return to a US dollar settlement system. Pypa, results.

Putin explained what will happen to the Russian economy after abandoning the dollar.
November 29, 2018

And what will happen to her, we will never know.
1. Dormidontov_Dormidont
  
  -4
  
  13 February 2026 05: 54
  
  And what will happen to her, we will never know... laughing
  
  The work of Ukrainian propaganda is touching. The Ukrainian agitators themselves scribbled their own made-up arguments in the comments. They discussed it all among themselves. Laughed. Accused everyone of guilt. And then presented it to the site's readers.
Wandering

+6

12 February 2026 20: 47

Is this the same Bloomberg who's already cancelled several times, for example, India's purchase of our oil? Well, yes, that's definitely believable.
1. UAZ 452
  
  0
  
  14 February 2026 17: 57
  
  Considering that India's purchases of Russian oil are rapidly declining, which is acknowledged by official Russian media, then yes, it is possible to believe it.
  1. Wandering
    
    -1
    
    15 February 2026 16: 26
    
    I understand your main word is "rapidly." And it's been shrinking rapidly since 22 - https://topcor.ru/27859-indija-sokratila-obemy-zakupki-rossijskoj-nefti-posle-vizita-amerikanskoj-delegacii.html (oh, it's Bloomberg again). And it's all happening so fast that it's a cycle, every time. I understand your desire, but alas. The reality is different, apparently.
    1. UAZ 452
      
      0
      
      15 February 2026 20: 37
      
      I doubt that you understand my wishes, but if you want to think so, then for God's sake!
      But reality is reality because it does not depend on my or your desires, and it is this:
      
      India reduced its purchases of Russian oil in January by 57% compared to the previous month and by 3,5 times year-on-year, to 436 barrels per day (bpd), according to S&P Global Commodities at Sea (CAS). According to CAS, some of the Russian volumes were replaced by oil from the US and the Middle East. Thus, US crude supplies to India in January increased by 1,6 times year-on-year, to 235 bpd, while Middle Eastern crude supplies increased by 20%, to 3 million bpd.
      
      https://www.kommersant.ru/doc/8399584
      The publishing house is not banned, not a foreign agency, so if you don't trust Bloomberg, read Russian media.
      And yes, 3,5 times in a year, and even more so 2 times in a month - this is rapid, if we are talking about global trade, even if in your opinion it is slower than in a day, then it is not that rapid.
      1. Wandering
        
        0
        
        15 February 2026 20: 42
        
        Let me repeat: Bloomberg already wrote in an article from 22 that India was sharply cutting oil imports from Russia. And they repeat this periodically. So, this is an example of how they're essentially just writing nonsense. Therefore, their information in the article about Russia wanting to return to the dollar is nothing more than a lie. Simply put, when someone says the same thing over and over again without any evidence, they're a blatant liar. And your repeated attempts to find evidence that "everything is bad in Russia" is downright boring.
        
        UAZ 452
        
        0
        
        15 February 2026 22: 01
        
        You're a funny person: if you personally don't like something, you think it's just a hoax, and everything's fine! So... Bloomberg made a mistake in 22? Well, if you think back to who wrote what that year, it turns out you can't trust anyone. But if you're allergic to Bloomberg specifically, let's hear what the Russian President's press secretary has to say about it:
        
        Presidential Press Secretary Dmitry Peskov commented on a Bloomberg report that Russia is considering returning to dollar-denominated payments to the United States as part of its economic cooperation. The Kremlin spokesman called the report's arguments "quite obvious."
        
        "These are fairly obvious points, as outlined in this Bloomberg report. We are, of course, proposing cooperation, and companies from both countries are potentially interested. So, you have joint ventures. And there are companies that want to return to the market."
        
        https://life.ru/p/1841414
        Yes, he diplomatically remained silent about the dollar specifically, but he was asked a specific question – about the five points of the "Dmitriev plan," one of which was a return to dollar transactions. As you can see, not only did he not deny it, he actually confirmed it, albeit in his usual evasive manner.
        And about the fact that I'm trying
        
        Find confirmation that "everything is bad in Russia"
        
        You should be more careful – I'm not sure that a return to the dollar is necessarily bad. The ruble hasn't gained any significant place in international transactions, selling Indian oil for rupees has resulted in significant losses for the Russian budget, and between the yuan and the dollar, I see no real reason to choose the yuan. And if our "big shots" have come to similar conclusions, then that's state policy, and you're discrediting it... The press secretary HIMSELF was accused of lying (I don't really dispute that, but I'd rather just keep quiet...) So appreciate your boredom; you might enjoy the action much less.
        
        Wandering
        
        0
        
        16 February 2026 00: 16
        
        Oh, I see you perked up as you answered. Well, it's not so bad, you've had your fix, which is why you came here. It's true that your clichés still apply: everything is bad in Russia and will get worse. But yes, you do it with a lot of words, and there's even a certain beauty to it. Not as crude as most. The truth is, the essence remains the same. So, I think we'll leave it at that. Especially since you've diverted so far from where I started. And that, too, was predictable.
        
        UAZ 452
        
        0
        
        16 February 2026 06: 24
        
        Well, yeah... By the third comment, you've already reached the conclusion that there wasn't a single word about the original topic (of the comment I was responding to)—Bloomberg, India's purchases of Russian oil—everything was dedicated to my humble self! And I'm diverting the discussion?! Well, then you're right about one thing: there really is nothing to talk about. All the best.
Valera75

+4

12 February 2026 20: 58

In addition, preferential conditions have been promised for American companies returning to the Russian market.

If there's even a hint of truth, then what about all the chatter about what we'll think when companies return to us? Our companies are given priority, and the Americans get all the perks.

as well as investments in natural gas, offshore oil and key raw materials, which will bring additional profits to American companies, compensating for past losses

Will the Americans compensate? And what about Russia's losses?
If this is true, then they are really groveling before the redhead.
Well, we'll see, time will tell.
But it seems to me the card has already been played: they'll bring us down, and they want to take everything. Why would they need to trade and buy all this rope when they can take it from Maduro and his country?
1. Serj Iff
  
  +4
  
  12 February 2026 21: 56
  
  McDonald's will return to Russia...period!
2. Semyon Sukhov
  
  +6
  
  12 February 2026 23: 30
  
  This is no longer "crawling" into performing Monica Lewinsky's number.
Alexey Davydov

+14

12 February 2026 21: 23

Trump is pleased to work with the colonial administration of Russia, subordinate to their "deep state".
There's complete unanimity in understanding America's interests. Russia's interests are merely a game played for our local public.
1. UAZ 452
  
  -1
  
  14 February 2026 18: 00
  
  The Russian administration is staffed by those who prioritize their own interests (which is understandable, as a human being), and secondarily by the interests of the US or China (depending on who bought them). As for the interests of Russia and its people/peoples, you've already written it all yourself; I have nothing to add.
  1. Alexey Davydov
    
    -1
    
    14 February 2026 21: 17
    
    The Russian administration is staffed by those for whom their own interests are most important (from a human perspective, they can be understood.
    
    It was the same with Hitler: people "whose own interests were most important" worked. Just like these people, they sat at home on the toilet, fed the birds, and joked with their children.
    That's not what they're being judged for.
    People in Putin's administration, working in an administration of traitors, led a vast country and its people, who placed their hopes in them, to destruction. Nearly one hundred and fifty million souls – under chemical bombs or in gas chambers. To do this to one's own people because "one's own interests come first" is a monstrous crime, a world record for sheer atrocity. It will never be forgiven.
    1. UAZ 452
      
      0
      
      14 February 2026 21: 30
      
      A state, any state, can be successful, at least over a long period by historical standards, only if it is so structured and regulated that its citizens, including both the elite and the "common people," act in their own interests while also strengthening their country. When people are forced to choose between their interests and their country, the vast majority choose neither. And what kind of country is it that its well-being is incompatible with the well-being of its people? Even if, in times of trial, a significant portion of these people are prepared to sacrifice themselves in the wake of patriotic upsurge, what if these harsh years never end, and self-sacrifice is expected, even demanded, of people... See the country's history, the years 1917, 1991...
The comment was deleted.
Thumbs

+11

12 February 2026 21: 37

We had Perestroika. We'll also have a Reboot. Keep burning, the bottom hasn't been hit yet!
1. Roman070280
  
  0
  
  12 February 2026 23: 06
  But there is good news too..
  1. UAZ 452
    
    -1
    
    14 February 2026 18: 02
    
    Pessimist: "It can't get any worse!"
    Optimist: "Of course it can!"
Alexey Davydov

+3

12 February 2026 21: 50

There's complete unanimity in understanding America's interests. Russia's interests are merely a game played for our local public.

However, Trump did not promise anyone that he would miss the opportunity to profit from the war between Europe and Japan and Russia and from its destruction by them along with its people.
I also think that all the weapons they'll need are already in US warehouses around the world. They wouldn't be Americans if they weren't prepared to sell them in advance.
Alexey Lan

-1

12 February 2026 22: 18

This simply indicates that Russia will have great economic difficulty in continuing the war, with losses of fighters, which could lead to a negative attitude among the population towards the rulers.
There are two options: mobilization of everything: industry and new fighters, or a series of tactical nuclear strikes on Western Ukraine and Bankova Street in Kyiv.
1. Roman070280
  
  +7
  
  12 February 2026 22: 35
  
  There are two options: mobilization of everything: industry and new fighters, or a series of tactical nuclear strikes on Western Ukraine and Bankova Street in Kyiv.
  
  There will be neither the first nor the second.
  The Kremlin has found a third way out... and is heroically breaking down this door.
2. Botrops
  
  0
  
  13 February 2026 00: 31
  
  What does this prove? What Bloomberg wrote here? It could write a lot here. And the Russian economy is currently supporting both the sanctions and the defense industry. And there's a third option. Make sure the West also suffers real losses from this standoff. And that's where it's all heading.
Alexander

+1

12 February 2026 22: 27

For some reason, I remembered the first words from the song "Talk to me, Mom" - "What songs did you sing to me, bending over the cradle?".
This refers to the "songs" about de-dollarization and the BRICS currency.

But time flew by quickly
The connection with the yuan was broken.
Talk to me, Mom.
Talk for at least five minutes
And all the currencies that I collected
Replace it with dollars for me
1. Roman070280
  
  +5
  
  12 February 2026 22: 37
  
  This refers to the "songs" about de-dollarization and the BRICS currency.
  
  The tabloid newspaper Bloomberg published a detailed plan that Pypa conveyed to the Americans through Dmitriev.
  1. Long-term aviation contracts for the modernization of the Russian aircraft fleet + potential US participation in Russian production.
  2. Joint oil and LNG ventures, including offshore and hard-to-reach fields, that would build on previous U.S. investments and compensate American firms for losses incurred.
  3. Preferential conditions for the return of American companies to the Russian consumer market.
  4. Cooperation in the field of nuclear energy, including AI enterprises.
  5. Russia's return to the dollar settlement system, including energy transactions.
  6. Cooperation in the extraction of raw materials - lithium, copper, nickel, platinum.
  7. Collaboration in promoting fossil fuels as an alternative to green ideology and low-emission policies, as preferable for China and Europe. In effect, the wise politician is proposing to make Russia a US colony. So here you have the results of all this BRICS, multipolar world, SCO and other idiocy. Yet many analytical publications have written that there's no point in China seriously intervening on Russia's behalf, because as soon as the Americans offer acceptable terms of capitulation, the pathological traitor will immediately defect to the US, despite all his previous rhetoric. And that's always the case with him.
  1. lance is gone
    
    -1
    
    13 February 2026 03: 27
    
    Well, there's no point in Russia joining BRICS alone; it's not the world's leading economy. There's no Chinese willingness to stand shoulder to shoulder—why should we shoulder the burden of de-dollarization alone? We also need to maintain our economy, independent of global competition.
    1. VatnikRKKA
      
      +1
      
      14 February 2026 18: 12
      
      It's easier to come to an agreement with the Americans and fleece everyone else!
      1. UAZ 452
        
        0
        
        15 February 2026 22: 06
        
        Explain: why would the Americans share with anyone, especially us? They don't have enough for themselves!
        
        VatnikRKKA
        
        0
        
        15 February 2026 22: 25
        
        War is expensive and unpredictable! It's always easier to negotiate and divide territory with someone who can punch you in the teeth.
        In terms of the balance of power, the Americans on the planet have no one else to talk to except us. That's the first thing.
        Second. We need to negotiate with the strongest and most sane opponent. We meet all the criteria. Then everyone cultivates their own clearing.
        Moreover, we don’t need much, we have everything of our own!
        The Americans now have two options: either submit to the British, or share the world with us.
  2. UAZ 452
    
    0
    
    14 February 2026 18: 09
    
    Well, China has never seriously sided with anyone either, and in recent years has carefully rationed its support for Russia, immediately backing down if the West seriously threatened secondary sanctions. And it has been delighted to exploit the foreign policy and economic blockade of Russia to obtain (or rather, to extract) huge discounts on our export goods.
    So there is no need to overuse emotionally charged definitions to describe relations between states - they have no place there.
rotkiv04

+1

12 February 2026 23: 08

Somehow I don't really believe all this, you have to be a complete idiot to do something like that.
1. kovaleff
  
  +3
  
  13 February 2026 05: 06
  
  You're not burdened by assets and children in NATO countries. You wouldn't understand.
2. prior
  
  +1
  
  13 February 2026 09: 44
  
  Who said this is the bottom?
  There will be more than one...
  1. The comment was deleted.
  2. Dormidontov_Dormidont
    
    -3
    
    14 February 2026 15: 27
    
    Quote: prior
    Who said this is the bottom?
    There will be more than one...
    
    There will be more Bandera "bottom" from the Ukrainian provocateurs
3. UAZ 452
  
  -1
  
  14 February 2026 18: 10
  
  Lie down under the US or under China—make your free choice! These are the only realistic options.
4. VatnikRKKA
  
  +1
  
  14 February 2026 18: 14
  
  Just because you don't understand something doesn't mean everyone else does. Well, I hope you get my point...
depavel

-1

13 February 2026 09: 17

Well, well! The "true liberal" has given up on all counts. I wonder if he did it himself or if the pro-American parallel governance structure, including within the Presidential Administration, proposed it. The governance structure is hidden, formed from a conspiracy of security specialists in 55. After the color revolution of 93, they formed a sort of ruling class, the demos. That's what democracy is all about.
1. Dormidontov_Dormidont
  
  -3
  
  13 February 2026 10: 34
  
  Quote from depavel
  Well, well! The "true liberal" has given up on all counts. I wonder if he did it himself or if the pro-American parallel governance structure, including within the Presidential Administration, proposed it. The governance structure is hidden, formed from a conspiracy of security specialists in 55. After the color revolution of 93, they formed a sort of ruling class, the demos. That's what democracy is all about.
  
  There was a movie like this in the 70s: "Vesnukhin's Fantasies." Your comment is on the same topic of fantasies.
Andrey Samuylik

0

14 February 2026 14: 43

In the early 1990s, Vladimir Putin, as head of the Committee on External Relations (CER) of the St. Petersburg City Hall (1991–1996), oversaw foreign trade, attracting foreign investment, and registering businesses. This period was marked by scandals surrounding barter deals for raw materials exports and control over the gambling industry.

As the saying goes, a hunchback can be straightened out by the grave.
1. Dormidontov_Dormidont
  
  -2
  
  14 February 2026 15: 28
  
  As the saying goes, a hunchback can be straightened out by the grave.
  
  The gallows will correct the hunchbacked Bandera supporter
2. rotkiv04
  
  -1
  
  14 February 2026 17: 52
  
  He was and remains a dealer, but many people still don't understand who he is.
VatnikRKKA

+1

14 February 2026 17: 57

Why do you think cooperation with the US means cooperation with the entire WEST? The West, besides the US, actually includes EUROPE! And no one is going to make peace with Europe and Britain! With all the ensuing consequences for this part of the WEST!
1. Imhotep
  
  0
  
  15 February 2026 02: 41
  
  What will be the consequences for this part of the West? Tell me more, it's very interesting.
  1. VatnikRKKA
    
    0
    
    15 February 2026 09: 59
    
    Thirty Years War