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April 3, 2022
From collapsing under the weight of sanctions. russias central bank has moved to stabilize the currency, jacking up interest rates, imposing very strict capital controls. and now the russian ruble is at about the same level as it was before the start of the invasion. russia also threatened to cut off gas supplies to europe unless existing energy contracts were paid in rubles. that deadline was friday, and it came and went. and gas is still flowing to europe, but i think its important to remember...
April 3, 2022
Of sanctions. russias central bank has moved aggressively to try to stabilize the currency, jacking up interest rates, imposing very strict capital controls, and now the russian ruble is at about the same level as it was before the start of the invasion. russia also threatened to cut off gas supplies to europe unless existing energy krangts were paid in rubles. that deadline was friday, and it came and went and gas is still flowing to europe, but i think its important to remember that europe is ...
April 3, 2022
Particular. since the start of the war, the eu has spent 18 billion euros on russian oil and gas. any sanction is going to have an impact, when russia still effectively been backed up by europe. they >> will have an effect on they are having in fact. the level of sanctions are very significant, so in terms of -- >> the russian ruble has effectively recovered. >> youre right to say. theres two things going on. we shut isolated is the world -- from the global connor, we will have the same time hav...
April 3, 2022
Russia is soaring at 82%, up from 69% in january. how concerned are you that this will only strengthen putins resolve? >> well, were concerned that the russian people are being fed a steady diet of lies, and that is precisely why youve seen some of these indications of rising popularity. but just as the value of the ruble is artificial, much of this is artificial too. when you ask a russian citizen what he or she thinks of vladimir putin, many are too scared to tell you the truth because they kn...
April 2, 2022
"If you want gas, find roubles." Those are the words of Vyacheslav Volodin, the speaker of the lower house of the Russian parliament, as reported by the BBC this week. The story follows [...]
April 2, 2022
Nigeria will consider conducting trade with Russia in national currencies, i.e., in Russian rubles, "if necessary."
April 2, 2022
India is considering a proposal from Russia to use a messaging system developed by the Russian central bank for bilateral payments as New Delhi isnโt following the US-led economic campaign [...]
April 2, 2022
The Russian leader has stabilized the ruble and kept Europeโs leaders guessing by threatening to cut off energy. But he has left the country financially isolated.
April 1, 2022
Putin tells Europe: Pay in rubles or well cut off your gas
April 1, 2022
Russian gas continued to flow to Europe on April 1,ย the deadline set by Russian President Vladimir Putin for customers from "unfriendly" countries to start paying for deliveries in roubles or risk being cut off.