Putin makes rare admission of struggle after new attempt to prop up the ruble
The ruble plunged to a record low days after Vladimir Putin ordered the invasion of Ukraine in February 2022.
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The ruble plunged to a record low days after Vladimir Putin ordered the invasion of Ukraine in February 2022.
The ruble lost more than a third of its value against the US dollar since the beginning of the war in Ukraine.
Nations to make up half the global economy will be another crushing blow to the russian economy. it's already suffering very badly from our sanctions. >> reporter: the decision means no more import of russian goods like seafood, vodka and diamonds, costing the russian regime more than $1 billion annually. >> putin is an aggressor. he is the aggressor, and putin must pay the price. >> reporter: today's moves also once again target russian oligarchs. now they can't buy high-end american-made goods like watches, luxury vehicles, clothing, jewelry. >> they support putin. they steal from the russia...