Page 39 - Ruble News Today

Impact does that have? how much of russias reserves are likely to be affected? >> well, its -- its -- its an -- its an enormous impact and that was -- that was the most important measure that the -- that the united states and the european union took in the early days of -- of the invasion. what it essentially does is it prohibits countries, companies, and banks in united states and in europe from conducting financial transactions with the russian central bank which essentially prevents the russi...

And the whole world can buy russias oil. more reporting today on the ruble making the comeback at a 52-week high. what keeps you up at night with the nexus of russia and china right now? >> well, we havent faced a threat like this in a very long time. weve got a very serious threat in china. their ambitions are colliding with ours and also with russia. what concerns me is were organized in a department of defense to fight one war only and if its against china, we will be challenged to fight and ...

Current course that russia is on. >> at this point, it looks like the ruble has somewhat weathered the initial storm of the sanctions that were imposed originally and even the ones that have continued to come. and i wonder back home as putin controls the spread of information amongst his people, and if the ruble is doing better, if thats a measurement of success in the peoples eyes, if that is helping to sort of prop up this war for him amongst the people back at home. >> so hes presenting all o...

Whatever you have heard or read regarding the alleged damage U.S.-led Western sanctions are doing to Russia's economy, you should take them with a grain of salt. In reality, the Russian [...]

More cooperative than previous one was at dealing with european allies. its the european countries that are pushing the break here saying we still have commercial relationships with russian companies. we still have trading relationships. weve got to manage to unschool these things before you clamp down. so yeah, of course, if everything was just up to the united states, i think we probably would have clamped down everything on day one and just throw the kitchen sink at it, as you say. but the eu...

Intensifying. i understand the president claims that sanctions were never meant to be a deterrent, but the invasion is happening at this point. you announced new sanctions against people and president putins family, his two daughters, what more is on the table? if the united states wanted to inflict even more pain on putin, what could it do? >> last week i was in europe, talking to our allies and partners and were committed to making sure we stop the invasion. the russian economy is collapsing u...

Weapons to ukraine, training the ukrainian military, all of that means war with the west. >> and give us 45 seconds on right now the state of the russian economy and how it is withstanding sanctions to this point. >> the one interesting thing is that the ruble, john, has reall rebounded to the levels preinvasion. for putin it is a major domestic win. we heard from secretary blinken over the weekend saying it is manipulated so there are capital controls in place to prop up the ruble. the one issu...

The Russian ruble and Russia's banking system are currently showing signs of ongoing recovery despite Western sanctions as Moscow's reliance on currency controls and energy exports is [...]

Russia has quietly made the case for owning gold. (Article republished from SchiffGold.com) The head of the Russian Parliament, Pavel Zavalny, made comments recently addressing the subject of [...]

Put on have limited its access to dollars and euros, and other forms of what they call hard or treatable currencies. its made things harder, yet again, for the russian government to pay its debts. >> lets talk about the fossil fuel sector because i think theres been some -- a little bit of a surprise that the ruble. again, this sort of technical backdrop of why this happened and how current deficits work in its a little complicated but when you cut off a government like russia from its supply of...