Page 49 - Ruble News Today

And belarus, to hld the regime accountable for being a co-belligerent in putins war of choice. and consequences for the regime will escalate if it continues. all told, a powerful effect on russias economy. value of the ruble has plummeted, the stock market, interest rates more than doubled. russias credit rating cut to junk status. value of his war fund has vanished. and by choking russias access to technology, we are delivering a blow to its economy and military that will be felt not just now, ...

His course? >> i think the one that has the biggest chance of creating pressure in the country is actually the move on the central bank. it sounds spruce, but basically what theyre doing is taking away the ruble, which has already been in considerable fall in recent days. if they cant support it by buying the ruble with hard currencies, youre going to see potentially significant inflation in russia, and i think that the concept here is begin to put enough pressure on the russian people that they...

Will not impact him other than showing that hes an outlier. >> im not going to get into his personal financial assets. thats typically not something wed do from here, but the steps that were taken yesterday and a sanctioning the ten largest financial institutions in russia accounting for a huge percentage of banking capacity, of their financial system capacity and the anticipation of that has had an enormous impact on russia whether it is the currency, the ruble thats fallen, the markets skyrock...

And then we have i think some of the most interesting sanctions/measures yet. that is export restrictions and this is long touted by the u.s. and europe and the uk but now we are seeing where they are hitting, and it is really targeting tech. tech that is critical to all sorts of different russian sectors. um, and this has really far-reaching consequences. for instance, taiwan who are implementing sanctions -- havent got details on them yet but their biggest chipmaker, which is actually the bigg...

A senior administration official says u.s. measures targeted russias 10 largest banks. accounting for 85% of the infrastructure. they are being cut off from the international messaging service known as swift. the ruble plunges to an all-time low with fears of binge runs and inflation. >> its time to take sides. and time to take the ukrainian side. we are defending our home. we didnt attack anyone, and we were attacked. >> much of europe and canada are shutting their air space to russian airplane...

If bombing a nuclear plant being one of those things, so clearly, i think this is tragic. and that means we should do everything we can do, and we could certainly stop buying oil from russia and our sanctions, i mean the president allowed oil transactions as exceptions. so while there are sanctions on these banks, we can still do oil deals. that makes no sense to me. we should shut down their oil economy, crush the ruble, and perhaps this causes to back down. >> i want to put up on the screen to...

A short time ago, the u.s. expanded sanctions on u.s.s bank, as crippling sanctions are already taking place and are taking a toll on the russian economy. the russian ruble plunged to new record lows against the u.s. dollar. the stock market closed, and russias central bank sharply hiked its interest rate, to shore up the ruble and prevent a run on banks. russia is also closing its air space airlines from 36 countries in retaliation for closing their air space to russian aircraft. just over an h...

Belarus has at its disposal in the entire military. so you are not changing that calculation all that much. thats why the conventional war playing out. putin has still failed to control major population centers at this point. there is still reported supply chain issues going on. this doesnt bode well. at least for now for longterm. >> we are just getting a report from the a.p. that the ruble at the opening of currency trading, it plunged 2 -- 26% as a result of russia being removed from the swif...

Trapped there, steve, they cant leave. what about the subway? steve mentioned that. we were reporting last week people were waiting on mile long lines to get on the subway to get out of the city. >> in parts of some cities subways are actually closed and being used as bomb shelters full time. one extreme case, one doctor hospital moved down, maternity hospital. they have moved underground entirely. so, as this is going on, as shelling and missiles are myth, babies are being delivered here in kyi...

Sunday bipartisan lawmakers putting more pressure on the white house to ban russian oil and increase u.s. energy independence. how about having some? >> it should all be on the table including banning the import of russian oil. >> im all for that. ban it. >> ban the oil. >> ban the oil coming from russia. >> we havent gone after the oil and gas sector in russia. the achilles heel for putins war machine. i think we can start putting his military commanders under indictment for war crimes. >> harr...