sanctions. >> translator: i invited you in order to talk about the issues concerning the economy and finance. mikhail and i have discussed this, including the sanctions that the so-called western community or the empire of lies, as i call it in my address is trying to implement against my country. >> moscow's stock market did not open today. the value of russia's currency has taken a major dive. and russia's central bank forced to more than double its interest rate to boost the sinking ruble. senior diplomatic editor nic robertson joins us live from the streets of moscow. what is the latest there? >> john, that meeting president putin had not just with his prime minister there but his first deputy prime minister, head of central bank, heads of other banks as well. putin is really struggling to do what he didn't expect he'd have to do since he last invaded ukraine. he'd begun investing, making