CNN CNN Newsroom Live March 8, 2022 09:30:00
Frozen out of the currency markets, u.s. dollar markets. that's worth about $630 billion. we've got numerous individuals and entities unable to do business or travel outside of russia and now we've also got this really heated debate heating up about whether or not to stop buying russian oil and gas. this is very keenly felt here in europe because the eu relies on russia for about 40% of its gas needs and 27% of oil needs. we have members pitted against each other about the merits of stopping the flows of these russian gas imports at a time when gas prices are very high, still winter over here....