Page 69 - Ruble News Today

Price -- the gas price increases on putting and also us a noted leaned into warning companies against price gouging. >> ron, i wanted to talk to you as i heard the announcement come in and were getting reporting from the cnbc saying that the uk is going to phase out the production of russian oil and product by the end of 2022 as well adding to that. >> right. >> lets talk about how they are going to bridge this gap. youve got 11 million barrels per day of crude oil exports out of russia, 40% of ...

Vladimir putin is and xi jinping have been strengthing political. and the economic side of things. recalibration of global powers. it will come in the form of the economy as well. we know china and russia have been trying to circumvent the use of the u.s. dollar for quite sometime. and they have been using the russian ruble. to try to circumvent that. we have to watch whats happening within the space. and talking about a recalibration of powers globally. and come in the form of economic strength...

To flip the switch but a 30% drop in the ruble to the u.s. dollar would add 30% to our inflation in one month. if you think of our monthly inflation rate as 7% annualized it would make it 37%. it would do a lot of damage to the u.s. economy and a lot of damage to the russian economy as well. we have had a very good employment number this month, as you know you said 678,000. if you include the revisions in the last two months it is 770,000. were still way below the employment level we were in feb...

Talking with president zelenskyy this morning, he was very complimentary of the force of these economic sanctions in russia. youre right. putin controls all the media. the last independent media in russia has been shut down as well as all the foreign media thats tried to give some independent voice. theyve all been shut down. however, the ruble is devaluing very fast. the russian stock market is closed. the u.n. general assembly overwhelmingly voted to censure russia. putin is being held up as a...

Russias lost thousands of troops so far. the economy has paid a punishing price as you were just discussing with jasmine. the ruble has crashed. the stock markets been closed. oligarchs are getting squeezed. so there is punishment being inflicted on russia as well as on ukraine. both sides are going to have a limit. we dont know what that limit is. thats why you keep having these efforts at talks both directly between ukrainians and russians, but also with people like israel and france as intrao...

Diatribes, for those living abroad. meanwhile he sits in his mansions, accumulated billions, taking wealth from the russian people while they stand in long lines to access cash and watch as stores close and the ruble plummets in value. its no wonder the brave russians protest the war and are beaten and arrested for it and russian journalists are resigning from their jobs at state media outlets, they cannot stomach the kremlins lies any longer. president putin is not relefrnting and may be growin...

Already declined significantly from last summer. the department of energy says imports have already dropped to zero. the presidents doing the right thing, but the reality is were not buying russian ruble right now. when you look at all of those countries together. they said theyll cut imports by two-thirds this year, but theyre not ending them. not ending them or anywhere close to it and china is the single big of the country buyer and theyre not cutting back at all. out front now, andrew lipow,...

That he cant convert rubles into any kind of usable currency. the ruble is worthless at this point. and if china not only provides weapons but bails him out in currency, that would be a huge deal. so theres two edges to this. they really need china. frankly, more than china needs the u.s. right now, although the chinese foreign ministry and janis mackey frayer and others covering it would be a better expert than some of the u.s. experts. china is speaking today about something that they say that...

I made it clear. the united states will share in the responsibility of caring for the refugees so that the costs do not fall entirely on the european countrys bordering ukraine. and yesterday, i spoke with my counterparts at france, germany and the united kingdom about russias escalating violence against ukraine and the steps were going to take together with our allies and partners around the world to respond to this aggression. we are enforcing the most significant package of economic sanctions...

It might affect the economy in russia. what are some of the reads now as we hit monday, a business day, theyre in moscow. >> richard, it is a little bit after 8:20 am here in moscow. the russian people are waking up to see the value of their currency basically collapsing in front of their eyes. as you said, the ruble has been down as much as 30%. that is a historic low. and that is going to have historic impacts on this country. and that is the point of the sanctions. they were designed to deal ...