Page 76 - Ruble News Today

The association that represents venezuelan oil companies told the bbc that the country could potentially raise its production levels by 400,000 barrels a day. away from oil, weve also seen more major brands, such as mcdonalds, coca—cola and starbucks announce they are halting their operations in russia. all three firms said they would continue to pay their staff. and this is how the financial markets have reacted to the news today. the ruble is under pressure after fitchratings warned russia i...

That position. one country, not russia, not ukraine, the u.s., and they have repeatedly acknowledged as you pointed out, russias so called legitimate security concerns, and domestically when you look at propaganda here, its essentially the chinese version of what the kremlin is putting out. theyre helping each other put out adddisinformation. what china is navigating is the economic sanctions put on by russia, and that would help explain recent actions taken by china that are probably not sittin...

Figures who have spoken out against this war on ukraine. is that getting through at all inside russia? >> well, i think that the more people are suffer economically, the more they will speak because in -- in -- in the first days of the war, you know, the vast majority of russians were supportive of putin and supportive of this war. so, they couldnt care less about the actual war. now, that ruble has fallen twice so now cost half as much as it was and it will keep -- it will keep going down and n...

Millions of dollars, were also going to make it harder for them to buy high end products, manufacturing in our country. banning export of luxury goods to russia. also the latest steps were taking, but theyre not the last steps were going to take. as i said, at the beginning of all of these steps, were going to hit putin harder because the united states and closest allies and partners are acting in unison. totality of our sanctions, export controls is crushing russian economy. the ruble has lost ...

And thats what russian arm forces are doing, conducting some sort of target. it is mind-boggling. the key to all of this is providing russian citizens for the truth. >> vladimir, you were just in russia and i guess i am trying to figure out given all the companies pulled out and interest rates gone up and the collapse of the ruble. how does that work with people who dont know. they are listening to the official russian line of a special military operation in ukraine that you cant call an invasio...

And natos denial of that plea. also, putin and his cronies have quashed almost all that was left of the free press in russia. i will talk to a journalist whose station was forced to shut down this week. and are sanctions working? i will ask the former secretary of the treasury, larry summers. but first, here is my take. the battle has been joined, now all that remains to be seen is who will win. vladimir putins naked aggression against ukraine has triggered almost universal condemnation. l...

Her name is maria barnova. >> carley: her concern the west will attack russia and if it is going to happen, we wouldnt be first to do that frchlt her in russia, that is where her head is at. when you near a situation where russia just banned journalists from using the word war or invasion. she just quit her job at russian state media channel and putting her own life in danger and facing possible imprisonment, as well. >> todd: it highlights the fact the message that the russians are receiving ar...

Have seen the savings of ordinary russians halved in recent weeks given the collapse of the ruble. what were seeing is a determined effort by the european union, the united states to keep piling on that pressure. the next round of sanctions is likely to focus on trade with that preferred nations status being stripped from russia by g7 countries. it will have to go through congress and the united states, its been announced by joe biden as well, the idea is this will allow countries to target trad...

And in rough supply. so we think in a bipartisan way, we created some smart sanctions. >> neil: you probably have, congressman. the fact of the matter is none of the actions that we have already taken and the world has taken to slap the russian economy and virtually takes the ruble from dollars to cents on the dollar. and now hes more of a mad man. what do you think of it? >> you asked a question of senator cornyn. the interesting one, do we know if these sanctions are working. its hard to tell ...

That rose by 18%, and the biggest single element in the inflation basket during february, was construction materials. items such as wallpaper, that rose by nearly 23%. the indication is that a lot of relegation projects were really been rushed through in russia, ahead of the invasion and the expected western sanctions that followed. you recall of, course on monday last week, the central bank of russia raised interest rates from nine and a half percent to 20%. basically to try to stop that run on...