Page 24 - Ruble News Today

And the treasury department is saying that it has 2500 different russian targets on the specially designated nationals and black persons list. those targets range from senior russian government officials to high net worth russian citizens. but whats puzzling to me is that these actions are still ongoing. why didnt the united states sanctioned these people and companies months ago? why were they holding out until now? we know that russia has used every weapon in its arsenal against the ukrainian ...

And why is the government still holding back and if so, why? i dont have the answers to some of these questions, but i do know that russia has not been economically damage to the degree that we were expecting at the start of the war. one month into the russian invasion, president biden declared that the russian ruble would, quote, be reduced to rubble. and yet the russian economy only shrank by 2.2% last. here in some ways, the kremlin has been able to prop up its own economy. yes, its also rece...

Degrade the russian military. weve got a way to go. >> so beyond the military industry, then looking at the russian economy more broadly, we know that the gdp and the ruble were insulated to a certain degree and didnt go down as much as many had predicted, but that may be hiding the true effect of these sanctions. so is russia really hurting economically right now? >> i think you have to look at the economy in two halves. the military economy, which is the kremlin will do everything it can to su...

Enormous costs both in loss of life and otherwise. but perceptions of peoples own economic outlook arent as negative as you would imagine given the also likely very accurate and sound data you started the setting the with from economists. this is why giving people a voice in these situations is easy for either side to really fall into the narrative of what their view is. from the western view, as you mentioned, sanctions have a consciouserstone of that policy. but if you look at some aspects of ...

But perceptions of peoples own economic outlook arent as negative as you would imagine, given the also likely, very accurate and sound data that you started the segment with, from economists. i think this is why giving people a voice in these situations is so critical, because its easy for either side to fall into the narrative of what their view is, from the western view, as you mentioned, sanctions have been really a cornerstone of that policy. but if you look at some aspects of the russian ec...

The escalating geopolitical strife, which is being stoked by Washington's new cold war, has prompted Russia, China, Iran, and an increasing number of other countries to strive to de-dollarize, or at the very least, to diversify their foreign reserve holdings.

The ruble is weakening, and some say its fall will continue.

The Russian-installed administration of Ukraine’s Kherson region said on Saturday that it had begun changing locally circulated Ukrainian hryvnia currency

Russian Economic Development Minister Maxim Reshetnikov says that the exchange rate now reflects the real current situation of currency supply and demand, issues of de-dollarization, issues of the same imports, issues of market expectations.

Russia announced that it will embrace the Yuan in exchanges with China as anti-Russia sanctions become increasingly threatening to Russian banks.