Russia’s central bank to hold extraordinary meeting after rouble falls to 16-month low ( www.theguardian.com )

Udate: Russia raises interest rates: themoscowtimes.com/…/russia-raises-interest-rates…

Bank will discuss interest rate after high spending on war in Ukraine and drop in export revenues put further pressure on Russia’s economy.

nicetriangle ,
@nicetriangle@kbin.social avatar

Wild idea here: fucking cut it out in Ukraine.

It's like they learned absolutely nothing from their bullshit in Afghanistan in the 80s

AnAngryAlpaca ,

And admit they where wrong, remove troops from all Ukraine and take responsibility for all war crimes and reparations? Not sure how Putin would sell this as a win for Russia on national media…

tetraodon ,

It would be his end.

MrMakabar ,
@MrMakabar@slrpnk.net avatar

Pretty sure Ukraine would be fine to go without reparations and Putin wants regime change. So an agreement that Zelensky leaves and there are new elections in Ukraine would be fine. He controlls all the media in Russia, so he could make that work.

However he does not want to do that.

lorez ,

Open windows await him.

tetraodon ,

So every time Russia doesn’t like a Ukrainian president, they can go in, thrash the place (no reparations due) and force new elections?

I doubt you would accept this in your own country.

vegai ,

Sadly, Putin cannot do that and keep his head. So he will not.

0x815 OP ,

Russia Raises Interest Rates to 12% After Ruble Plummets

Russia’s Central Bank hiked interest rates from 8.5% to 12% on Tuesday in an emergency meeting after the ruble slid past 100 against the U.S. dollar the day before.

“The decision is aimed at limiting price stability risks,” the Bank said in a statement.

WilliamTheWicked ,

I… Just want to leave a comment here to remind myself for when the bots and shills show up. They say such absurd things and I find it entertaining.

“This doesn’t mean Russia is struggling! It just means the rest of the world is struggling to contain Russia! Lick more boot!” etc.

ProcurementCat ,

And this is with all the fuckery they did to artificially stabilize the rouble. Sanctions are working hard man

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