Page 46 - Ruble News Today

>> i think whats happened in the last week is unprecedented. the russian economy is headed towards collapse. the ruble most certainly is. i think he thought he would get hard but not this hard. i think the first is -- and you pointed to it before i came on the air -- the unique aspects of the refugee crisis. that is largely wem sdwhn elderly and young children, whose fathers and husbands are still in ukraine and may make it back, may not. who knows when theyll be reunited. these are people that,...

Crippled by energy prices. >> we got 100 years of liquiified natural gas lng underneath the united states. america was on the virge of making europe clearly independent of russia. >> todd: congressman committee member joins us now. congressman, how bad could this get for all of us already struggle withing inflainflation? >> it will get really bad. what you made, the point you made with rick perry, you cant win an energy war, if you shut down your own energy sector, that is what biden has done an...

Pull back today on wall street and i think that resilience is certainly notable among the investment community. >> the biden administration has announced a score of sanctions including some new ones yesterday against russias central bank. tell us a little bit more about this, and does affect americans from doing business with the bank? >> so what we heard yesterday from the biden administration, the new sanctions prohibit u.s. citizens from participating in any transactions with russias central ...

Aside. hes now found out that hes not going to have access to it all. united states isnt going to give him to the dollar part and the e.u. will not give him access to the e.u. part. who knows if hell get his hand on gold in other places that has stored this money away for a day like today. the sanctions are as he was told, they are much bigger an much worse than hes ever faced before. so his vision of how the country handles it, that is crumbled before his eyes. so, although the streets today ar...

The economy. the ruble is worth less than a penny. authorities are expecting exporters to sell 80% of the foreign currency they have to prop up what is a rapidly weakening currency. stock market has been closed for days due to a fear of capital flight once it opens. the longest stretch since russia defaulted in the 1990s. the c.b.r. has doubled the interest rate, central bank to 20%, highest in almost 20 years. capital controls, etc. we are seeing -- i have a list five pages long of all the busi...

That would be put in place. if you freeze the assets, they are not housed in russia. they are in currencies that are not russian ruble, you undercut the central banks ability to stabilize their own currency and create potential for inflationary spiral to have massive impact on the country. theres a potential for a financial crisis as well. we saw lines at atms throughout russia over the course of day. the bite is happening now and so is the back and forth on the diplomatic front. no diplomatic t...

Are no longer doing business with russia. all of this as russia has branded the likes of the bbc, voice of america, radio-free europe and radio liberty as one -- unwanted and unfair to be in russia. they have cut off those news sources to the russian people. the understanding here seems to be so as not to share is all of this news of whats going on in ukraine with the russian people. but sometimes they have a way of finding out on their own not through any means of social media, but through long...

And gas economy". the biggest mistake weve made is not to give putin clarity, because the lack of clarity in his world means that youre weak. but hasnt that been rectified? were hearing from inside the munich security conference of robust sanctions, including in the energy sector by all members of nato. well, president zelensky said today, and its probably the most consequential speech ive ever heard at munich, the president of ukraine, he says the lack of writing it down now makes putin believe...

Done these calculation is, no doubt. vladimir putin would have sat down with his paper and pencil and it worked out what the economic financial consequences would be of his actions and it appears that he has come to the conclusion that it is worth going ahead with his military plans, in otherwise, as far as he is concerned, the geopolitical benefit of what hes doing outweigh the economic losses and there will be financial pain here. the russian ruble has been going down, the moscow stock exchang...

Nazis. these are both liars. big, fat liars and it is so frustrating in a moment when the country should come together and frankly realize that what biden has done has been pretty darn effective. think about this. the ruble crashed. they cant open their stock market. the interest rate went to 20% overnight. the oligarchs money is frozen and we have effectively figured out how to clamp down on them milking the money put aside to deal with the sanctions. economic and overnight biden in conjunction...