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[ male announcer ] look for the easy-open red arthritis cap. welcome back. as expected, russia's currency the rubel fell today back in new york. the dow jones industrial average dropped 153 points on the day. dropping as well any trust that may remember between president obama and putin. for more on that, we go to jim shuda.
Welcome back. as expected, russia's currency the rubel fell today back in new york. the dow jones industrial average dropped 153 points on the day. dropping as well any trust that may remember between president obama and putin. for more on that, we go to jim shuda. >> one way to describe the obama/putin relationship is ice cold at best. the issues in the ukraine is making it easier and icier. >> putin told obama to butt out. he responded watch me. telling obama, the case of any further spread of violence in eastern ukraine and crimea, russia retains the right to
Mobile is the fact the ruble is rocked is any indication that putin would change his strategy on the type of aggression shown in ukraine? >> it's fascinating how the markets have responded here because the risk of urgent trade dominated the market activity yesterday and you've got to imagine that this has brought to bear some pressure on the kremlin perhaps to have a rethink about the policy towards kiev. we had that dramatic fall in the russian stock market wiping out some $60 billion. we have seen the rubel falling from the start of the year. that increasing the pressure on the russian econo...