Page 77 - Ruble News Today

Extraordinary unity, speed and determination is that we have imposed severe financial and economic sanctions on the russian leadership and the russian economy and the financial sector which have enormous impact, negative impact already as you can see. inflation is speaking. the interest rates have been raised up to 20%, the stock market is closed, the ruble is in free fall. and the goal is to isolate russia and make it impossible for putin to finance his wars. what the energy sector is concerned...

,their preferred platform. its a state owned enterprise and its a its a surrogate. it could help in the short term to sort of clear payments the way business is and merchants use platforms to get paid when people show up with credit. the problem is its not a card that ordinary russians are carrying in their pocket, no doubt. so its a short term for whats a bigger problem, whats happening. many of these sanctions and then these pullouts of global businesses visa, mastercard, american express are ...

Taken have decimated the russian economy. and theres going to be more of that to come. you know, russian markets were closed for days. the ruble has plummeted. people are being forbidden from taking their foreign exchange out of their bank accounts in russia. the total is very great. one of the things the united states has been trying to stay on the other side of is the question of, is the united states a participant of this war? that is the sensitivity for jets with poland that you were just ta...

Russia continues to grow. automaker nissan and prada are among the groups to join the list. nissan ceo said theyre donating 1 million euros to relief organizations and ready to donate vehicles should they be needed. world leaders are working to put pressure on vladimir putin. u.s. secretary of state antony blinken said they are looking at the possibility of banning oil imports. russian ruble dropped even further against the dollar and now more sanctions are coming. australia and japan are the ...

We were initially talking about. >> okay. kaitlan collin at the white house for us. lets discuss with michael mccall of texas. the ranking republican on the house foreign affairs committee and just got back from poland where he was visiting that refugees. is there any sign that the sanctions implemented so far are having any effect on stopping russia from attacking ukraine? and do you think this new move by biden, the ban on russian oil imports, will do the trick? >> well, i think the sanctions ...

War against russia, moscows main stock exchange has been closed for two weeks and the ruble has fallen some 30% against the dollar in that time. one big problem for putin is that there arent a lot of countries that can save russia from financial failure. russias friends like syria, cuba, venezuela and nicaragua certainly dont have the cash to prop up putin, but many people are wondering whether china will or can come to russias rescue, to answer that "new york times" columnist paul krugman joins...

Ties. so far that hasnt changed putins behavior, so how does todays move by the u.s. have an impact? >> well, todays executive order that the president released is another significant step in a coordinated effort to try to impose maximum economic pain on vladimir putin and his regime. and what youve seen is a historic and unprecedented effort of economic sanctions is having historic and economic impact. the ruble is down 50%. the stock market has now been closed in russia for a record period of ...

Through his central bank. and we have seen the impact of the sanctions on the russian ruble. it is worth barely a penny, maybe less than a penny. were seeing the impact of these sanctions on russian elite, who are not able to access their properties overseas and certainly putin is feeling this himself as well. there will be additional sanctions and hes very concerned about that. >> mm-hmm. president biden, madam ambassador, is headed to brussels on thursday to meet with european leaders to talk ...

Terrible. i think no one actually understands the scale of the consequences. so we should -- we should wait, i dont know, several weeks or months and even though russian government is saying that everything is under control, we dont care about your this is not true. we know that we -- that [inaudible] the head of russian central bank she was trying to retire vladimir putin did not let her. but, as we know, all the government is in shock. they dont know what to do with this. you are saying we sho...

Villas. meanwhile he sits in his mansions having accumulated billions taking wealth from the russian people while they stand in long lines to access cash and to watch as stores close and the ruble plummets in value. its no wonder russians continue to protest the war and be beaten and jailed because of it. still president putin is not relenting and, in fact, may be growing more desperate. yesterday president biden authorized -- announced, excuse me, i authorized another $800 million in military a...