Video Credit: Wibbitz Top Stories - Duration: 01:30s - Published
Sanctions Could Cripple Russian Economy
Sanctions Could Cripple , Russian Economy.
CNN reports as the invasion of Ukraine continues, Russian officials are hoping to avoid a financial meltdown after receiving economic sanctions
from the west over the weekend.
Upon the implementation of sanctions
from the west, Russia's ruble fell to
all-time lows against the dollar.
As Russia's central bank doubled
interest rates to 20%.
Experts suggest as its citizens flee to withdraw their deposits, the economy of Russia could shrink by nearly 5%.
Sanctions from the United States,
European Union, United Kingdom and
Canada hope to expel Russia from the
SWIFT messaging system.
Experts say expelling Russia from
SWIFT, a global financial message
service, was a move hoping to "paralyze" assets of Russia's central bank.
The ratcheting up of Western sanctions over the weekend has left Russian banks on the edge of crisis.
, Liam Peach, emerging market economist Capital Economics, via CNN.
Experts say Russian President Vladimir Putin has prepared the country for such sanctions, as Russia reportedly bolsters a war chest worth nearly $630 billion.
Economic sanctions have reportedly frozen much of Putin's financial firepower.
External conditions for
the Russian economy
have drastically changed, statement from Russian central bank, via CNN
Russia on Saturday claimed the capture of another village in eastern Ukraine's Donetsk region where there is heavy fighting as Moscow's forces advance towards the city of Pokrovsk.
Credit: euronews (in English) Duration: 01:00Published
The Russian military has destroyed a Ukrainian warehouse in Donbass, which allegedly stored several multiple launch rocket systems and more than a dozen armored vehicles, the Defense Ministry in Moscow has claimed. Officials also released an video of the alleged strike. In a statement on Friday, the ministry said that Moscow’s forces used an Iskander-M short-range ballistic missile to strike the facility in the key regional hub of Kramatorsk, currently occupied by Ukraine, where artillery of Ukraine’s 56th separate motorized infantry brigade was stored.
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Flood waters were rising in two cities in Russia's Ural mountains on Sunday after Europe's third-longest river burst through a dam, flooding at least 10,000 homes and forcing thousands of people to flee with just their pets and a few belongings.Some of the worst floods in decades have hit a string of Russian regions in the Ural Mountains and Siberia, alongside parts of neighbouring Kazakhstan in recent days.
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Join us as we delve into the grandeur of Russia's Navy Day Parade 2024 held in St. Petersburg. This year's event featured over 200 ships, including small missile and anti-submarine vessels, and more than 100 pieces of combat equipment. Sailors from the Northern, Pacific, Baltic, and Caspian Fleets, along with the Russian naval base in Syria, participated in the festivities. International ships from China, Algeria, and India also joined the parade, highlighting global naval cooperation. Russian President Vladimir Putin attended the parade, delivering a powerful speech praising the Navy and pledging to bolster its capabilities with hypersonic missiles, enhanced coastal infrastructure, and advanced air defense systems.
#RussiaNavyDay #NavalParade #StPetersburg #PutinSpeech #NavalPower #MilitaryParade #HypersonicMissiles #GlobalNavalCooperation #RussianNavy #InternationalRelations
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"Russia as a whole is open to the negotiation process, but first we need to understand how ready Ukraine is," Dmitry Peskov, press secretary for Russian President Vladimir Putin, said.
Credit: euronews (in English) Duration: 01:31Published
With less than four months until the US presidential election, the government in Berlin is preparing for the possibility of a Trump victory. How could his return impact Germany and the EU?
Credit: euronews (in English) Duration: 02:13Published
Liquor Stores and Bars , Stop Serving Russian Vodka, , Start Selling Ukrainian Brands Instead.
The Associated Press reports that some bars and liquor
stores in the United States have stopped..
Credit: Wibbitz Top Stories Duration: 01:30Published
(2/28/22) Russia's exclusion from the SWIFT system puts banking transactions and risk, and that's weighing on markets. Lot's of volatility afoot as traders try to figure out..
MAIN TOPIC: Putin's war crimes in Ukraine continue for the FIFTH day. Mad dictator Putin threatens nuclear war. Meanwhile, many countries have begun imposing severe sanctions on Russia and..