Page 60 - Ruble News Today

The world. and i think we will see continued actions taken to the point that the russian economy could seize up. you know, president biden said give it a month. the i think were seeing actions already. russia cant even open the stock exchange. the ruble has plummeted. the central bank reserves are which russia is so proud, war chest of $600 billion. foreign currency and foreign reserves. well, theyre in foreign banks and theyve been seizeded and held. the same with the oligarchs town houses in i...

European banking card and that did work. thats facing most russians today, the big sanctions are not hitting them, it is more of a government problem, they are worried about whats happening, they recognize the ruble is tumbling in value. there has been a russian language opposition to the war petition launched and it is already gathered more than a million signatures there. letters from the doctors union, teachers union, architects, musicians, journalists, other professions, criticizing presiden...

And so its possible that the talks that we mentioned, if they fail, russia can always use those to say that ukraine isnt taking the talks seriously. so it will have to intensify its assault. you had the leader of chechnya, one of putins most revered henchman saying they should intensify their assault. that means what they did in chechnya during the separatist war theres where they essentially reduced them to rubble. and speaking of rubble, you have the ruble is already down 30% before trading ha...

Our coverage here with your analysis. i want to thank you for joining us. >> thank you. >> absolutely. i mentioned we have an actual expert guest from the upper echelon of the obama -- excuse me, the biden administration dealing with the sanctions and the pressure on russia. a little bit of context for that. the sanctions have been expanded against russia central bank. there are new signs this effort to punish putin may be working. the value of the russian ruble plummeting 30% more today. that i...

Put out about the turkish drones they have been using. like i said -- real problems on his hands. >> let me ask you this question. you talked about that ruble and their finances collapsing. that said, our country even today is importing 167,000 barrels of russian oil every single day. you know, 40% of the natural gas in europe with nato and our western european allies from russia. on top of all the oils that putin sends. price of oil, i think hit $115 a barrel today. he is making billions of dol...

Scrambling to prevent a financial meltdown brought on by widespread and harsh economic sanctions from western nations. >> the value of the russian ruble plunged more than half its value, doubled key interest rate at 20% try to boost the currency and the moscow stock exchange is staying closed today because of fears about a massive selloff. international diplomatic editor nic robertson live in moscow now. what struck me today in this whole range of sanctions so far is the one announced today that...

Currency -- gold. assets that could be sold to shore up the russian ruble. however, the u.s., the uk, eu, canada, switzerland, they have all sanctioned the central bank and as much as 50% of its assets are frozen. backing the central bank into a corner. life isnt just getting more expensive, its getting increasingly isolated. multiple airlines have cancelled flights to russia. and in response, russia closed its airspace to 36 nations on monday. >> putin is making russia an international pariah. ...

As you were just indicating, alisyn, you know, people, top to bottom, are going to feel this. the everyday russians on the street, russian civilians are also going to feel this. weve seen the ruble drop precipitously, the stock market crash, interest rates spiking, so you know, just because these oligarchs are going to feel a bit of a pinch, theres going to be a lot of pain on the streets of russia, alisyn. >> general, if not to put planes in the sky, to enforce a no-fly zone, there was a member...

Reality today. putin already faced a tough time in financing his war. russias gdp is 1.5 trillion. compare that to the u.s. economy which is 20 trillion. in other words, the u.s. economy has produced more in january than the russian economy in an entire year. today the ruble is now worth less than 1 u.s. cent. 105 rubles to the dollar. the russian interest rates went from 9.5% to 20%. and perhaps most notable the russian people are speaking out despite the risk to their lives. my colleague repor...

This is private quarters saying doing it out of principle or dont want to get stuck with a ship full of oil from russia that gets seized because of sanctions. so, apparently, not official policy, we are reducing our imports of russian oil. ask you this question. with all the sanctions that we have against russia, and the secretary of state yesterday said because of the devalueation of the ruble, inflation, bidens $600 million war chest has basically vanished yet he continues the push in ukraine....