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April 5, 2022
Russian ruble. its jacked up interest rates, put in statistic controls and the ruble is almost at the same level it was before the start of the invasion and that has lessened some of the pressure thats on the russian government. but it is not sustainable. the real long-term problems of sanctions set in when supply chains start breaking down, when it becomes too expensive to try to prop up the currency anymore. so i think the fact is, the russian economy hasnt been as badly hit by russian sanctio...
April 5, 2022
Frankly nato can and probably will be discussing as it runs up to its summit in june. >> general, national security adviser jake sullivan said earlier today that the administration is going to announce more sanctions this week. what more can they do? is it enough given that the ruble is about to rebound to what it was worth before the invasion? >> well, you know, i think anything you can do with respect to sanctions is fine. as the president said in the beginning, its not going to stop the russi...
April 5, 2022
The Russian currency has staged a remarkable comeback after taking a massive beating due to Western sanctions on Moscow. The United States has said the ruble's recovery is being fueled by "a lot of manipulation."
April 5, 2022
The U.S. Treasury tightened its restrictions on Russian financial transactions on Monday, when more than half a billion dollars in bond payments were due.
April 5, 2022
News Analysis The West has rejected Russian President Vladimir Putinโs demand that gas payments be made in rubles. ...
April 5, 2022
On now as to whether the sanctions, and we should note they are unprecedented sanctions that the u.s. and allies imposed on russia is acting more as a deterrent or punishment. regardless of how you term it, though, russia and vladimir putin is still pursuing his objective and his war in ukraine. one thing we havent seen is banning oil imports into europe. we havent seen the europeans take that step yet. regardless of whether it is a deterrent or punishment, do you think thats what it will finall...
April 4, 2022
Russia-Ukraine Crisis: The rupee-for-rouble trade shall require a complex channel of coordination between both Russian and Indian banks. Most local currency trading pacts are short-lived, writes Deepanshu Mohan
April 4, 2022
Exactly how Estonia will have to pay for imports of Russian natural gas in rubles, following an announcement from Russian leader Vladimir Putin that European customers would have to do just that, is not yet clear, Estonia's largest gas supplier, Eesti Gaas says.
April 4, 2022
Around them. >> well, chuck, first, virtually all of the forecast shows russias economy contracting by 10% this year. that is dramatic. especially at a time when other economies including our own are rebounding dramatically. second, when it comes to the ruble, it is a more than a little manipulation, it is a lot are princ. people are being prevented from unloading rubles and that is not sustainable. i think you will see that change. weve seen an extraordinary exodus of virtually every leading bu...
April 4, 2022
Slovakia's economy minister relies on Russian gas for roughly 85% of its needs.