You guys beat The Global Times in bullcrap propaganda. Too funny.
Russia faces deep recession that will 'only get deeper,' as a result of Biden-led world sanctions Treasury official says
CNN, Fri April 1
New York (CNN Business)Sanctions leveled on Russia have pushed the country toward becoming a closed economy, a status the country is ill-equipped to handle, a senior Treasury official said on Friday.
"The economic consequences Russia is facing are severe: high inflation that will only get higher, and deep recession that will only get deeper," the official told reporters during a conference call.
Among other steps, Western powers have frozen about half of Russia's foreign reserves, banned certain Russian banks from the high security SWIFT banking network and blocked exports of key technology to Russia. The United States has also prohibited the import of Russian oil, natural gas and petroleum products.
"Russia has been backed into a corner to becoming
a closed economy, and Russia is in fact one of the most
ill equipped countries to do well as a closed economy,"
the senior Treasury official said.
The official predicted Russia will have a lot of trouble
being isolated on the world stage because it has long
relied on the sale of raw materials to buy consumer
goods and sophisticated equipment for production.
All this will not end well for Russia.
Russia faces deep recession that will 'only get deeper,' as a result of Biden-led world sanctions Treasury official says
CNN, Fri April 1
New York (CNN Business)Sanctions leveled on Russia have pushed the country toward becoming a closed economy, a status the country is ill-equipped to handle, a senior Treasury official said on Friday.
"The economic consequences Russia is facing are severe: high inflation that will only get higher, and deep recession that will only get deeper," the official told reporters during a conference call.
Among other steps, Western powers have frozen about half of Russia's foreign reserves, banned certain Russian banks from the high security SWIFT banking network and blocked exports of key technology to Russia. The United States has also prohibited the import of Russian oil, natural gas and petroleum products.
"Russia has been backed into a corner to becoming
a closed economy, and Russia is in fact one of the most
ill equipped countries to do well as a closed economy,"
the senior Treasury official said.
The official predicted Russia will have a lot of trouble
being isolated on the world stage because it has long
relied on the sale of raw materials to buy consumer
goods and sophisticated equipment for production.
All this will not end well for Russia.
Ruble's artificial recovery
masks Russian economic devastation
Russia's economy is getting devastated by Western sanctions -
led by US President Biden - and the ruble's swift recovery has
only been made possible by Moscow's efforts to prop the currency
up artificially, the senior Treasury official said.
The senior Treasury official said Russia's economy is plunging
into recession and getting crushed by crippling inflation.
Ruble's artificial recovery
masks Russian economic devastation
Russia's economy is getting devastated by Western sanctions -
led by US President Biden - and the ruble's swift recovery has
only been made possible by Moscow's efforts to prop the currency
up artificially, the senior Treasury official said.
The senior Treasury official said Russia's economy is plunging
into recession and getting crushed by crippling inflation.
Ruble's artificial recovery
masks Russian economic devastation
Russia's economy is getting devastated by Western sanctions -
led by US President Biden - and the ruble's swift recovery has
only been made possible by Moscow's efforts to prop the currency
up artificially, the senior Treasury official said.
The senior Treasury official said Russia's economy is plunging
into recession and getting crushed by crippling inflation.
Although the ruble has bounced back to pre-invasion levels,
the Treasury official argued the currency's purchasing power
has been decimated by skyrocketing prices in Russia.
Ruble's artificial recovery
masks Russian economic devastation
Russia's economy is getting devastated by Western sanctions -
led by US President Biden - and the ruble's swift recovery has
only been made possible by Moscow's efforts to prop the currency
up artificially, the senior Treasury official said.
The senior Treasury official said Russia's economy is plunging
into recession and getting crushed by crippling inflation.
Although the ruble has bounced back to pre-invasion levels,
the Treasury official argued the currency's purchasing power
has been decimated by skyrocketing prices in Russia.
All this will not end well for Russia.
sad
All this will not end well for Russia.
sad
Ruble's artificial recovery
masks Russian economic devastation
Russia's economy is getting devastated by Western sanctions -
led by US President Biden - and the ruble's swift recovery has
only been made possible by Moscow's efforts to prop the currency
up artificially, the senior Treasury official said.
The senior Treasury official said Russia's economy is plunging
into recession and getting crushed by crippling inflation.
Disaster looming for the Russian people. They aren't the ones deserving the blame for this but they will certainly be the ones to suffer for it.
Putin is a billionaire
Ruble's artificial recovery
masks Russian economic devastation
Russia's economy is getting devastated by Western sanctions -
led by US President Biden - and the ruble's swift recovery has
only been made possible by Moscow's efforts to prop the currency
up artificially, the senior Treasury official said.
The senior Treasury official said Russia's economy is plunging
into recession and getting crushed by crippling inflation.
Disaster looming for the Russian people. They aren't the ones deserving the blame for this but they will certainly be the ones to suffer for it.
Putin is a billionaire
President Biden calls for a war crimes trial against Putin after images emerge of atrocities allegedly committed by Russian military against civilians.
President Biden calls for a war crimes trial against Putin after images emerge of atrocities allegedly committed by Russian military against civilians.
Biden blocks Russian debt payments
in bid to raise more pressure on Moscow
CNN BUSINESS - April 5
New York/Washington. The Biden admin stopped the Russian government
on Monday from paying holders of its sovereign debt more than $600 million
from reserves held at American banks, in a move meant to ratchet up
pressure on Moscow and eat into its holdings of US dollars!
Biden blocks Russian debt payments
in bid to raise more pressure on Moscow
CNN BUSINESS - April 5
New York/Washington. The Biden admin stopped the Russian government
on Monday from paying holders of its sovereign debt more than $600 million
from reserves held at American banks, in a move meant to ratchet up
pressure on Moscow and eat into its holdings of US dollars!
he will never b able to travel outside of russia again except those nations the dictator already controls
he will never b able to travel outside of russia again except those nations the dictator already controls
Russian diplomats being expelled
(Reuters)
Denmark said on Tuesday it would expel 15 Russian diplomats, in line with steps taken by other European Union countries, after reports of mass graves being found and of civilian killings in the Ukrainian town of Bucha.
The move comes after several other European Union countries including France and Germany on Monday said they would expel Russian diplomats.
Russian diplomats being expelled
(Reuters)
Denmark said on Tuesday it would expel 15 Russian diplomats, in line with steps taken by other European Union countries, after reports of mass graves being found and of civilian killings in the Ukrainian town of Bucha.
The move comes after several other European Union countries including France and Germany on Monday said they would expel Russian diplomats.
Russian diplomats being expelled
(Reuters)
Denmark said on Tuesday it would expel 15 Russian diplomats, in line with steps taken by other European Union countries, after reports of mass graves being found and of civilian killings in the Ukrainian town of Bucha.
The move comes after several other European Union countries including France and Germany on Monday said they would expel Russian diplomats.
Moscow, which claims images of executed civilians in Bucha were fake products of Ukrainian and Western propaganda aimed at discrediting Russia, said it would retaliate for the expulsion, RIA Novosti reported.
Russian diplomats being expelled
(Reuters)
Denmark said on Tuesday it would expel 15 Russian diplomats, in line with steps taken by other European Union countries, after reports of mass graves being found and of civilian killings in the Ukrainian town of Bucha.
The move comes after several other European Union countries including France and Germany on Monday said they would expel Russian diplomats.
Moscow, which claims images of executed civilians in Bucha were fake products of Ukrainian and Western propaganda aimed at discrediting Russia, said it would retaliate for the expulsion, RIA Novosti reported.
More nations have joined.
More nations have joined.
More nations have joined.
Now posted in your new thread. That's your first thread ever I believe, yes?
More nations have joined.
Now posted in your new thread. That's your first thread ever I believe, yes?
US pushes Russia to the brink of default
New York (CNN Business) Russia is in imminent danger of default
after the President Biden cut off Russia's ability to pay its debt
using frozen dollars sitting in American banks.
US pushes Russia to the brink of default
New York (CNN Business) Russia is in imminent danger of default
after the President Biden cut off Russia's ability to pay its debt
using frozen dollars sitting in American banks.
Biden provides more help to Ukraine
The Pentagon will send a second batch of arms to Ukraine
as the country enters its second month under Russian invasion.
The U.S. will send a variety of equipment to aid in Ukrainian
defense, including 10 Switchblade drones, which are armed
with tank-busting warheads, according to multiple reports.
The equipment is part of the $300 million in lethal military
assistance announced by the Pentagon last Friday, which
also includes tactical secure communications systems,
nonstandard machine guns and other defense systems.
Biden provides more help to Ukraine
The Pentagon will send a second batch of arms to Ukraine
as the country enters its second month under Russian invasion.
The U.S. will send a variety of equipment to aid in Ukrainian
defense, including 10 Switchblade drones, which are armed
with tank-busting warheads, according to multiple reports.
The equipment is part of the $300 million in lethal military
assistance announced by the Pentagon last Friday, which
also includes tactical secure communications systems,
nonstandard machine guns and other defense systems.
positive news
positive news
US pushes Russia to the brink of default
New York (CNN Business) Russia is in imminent danger of default
after the President Biden cut off Russia's ability to pay its debt
using frozen dollars sitting in American banks.
Western countries sanctioned about half of Russia's foreign reserves
— roughly $315 billion — because of its invasion of Ukraine.
Although the US Treasury had been allowing Russia to use some of
its frozen assets to pay back certain investors in dollars, the Biden
admin this week blocked the country from accessing its stockpiles.
That could force Russia to offer pay its debts in rubles — or not at all.
Either action would constitute a default, Fitch Ratings said last month.
In addition to the Treasury's decision to cut off Russia's access to dollars,
the Biden administration on Wednesday announced new sanctions on
Russian financial institutions and individuals.
US pushes Russia to the brink of default
New York (CNN Business) Russia is in imminent danger of default
after the President Biden cut off Russia's ability to pay its debt
using frozen dollars sitting in American banks.
Western countries sanctioned about half of Russia's foreign reserves
— roughly $315 billion — because of its invasion of Ukraine.
Although the US Treasury had been allowing Russia to use some of
its frozen assets to pay back certain investors in dollars, the Biden
admin this week blocked the country from accessing its stockpiles.
That could force Russia to offer pay its debts in rubles — or not at all.
Either action would constitute a default, Fitch Ratings said last month.
In addition to the Treasury's decision to cut off Russia's access to dollars,
the Biden administration on Wednesday announced new sanctions on
Russian financial institutions and individuals.
Gee, lets all party like it is world war 3...man, you warmongers are some sick puppies...shows one thing though...it shows how effective propaganda is in shaping minds.
Last time I checked, Russia and China had nuclear weaponry capable of destroying our country. I am wondering what exactly is in those 'supposed' covid vaccines? What detrimental effects that they have on the functioning of the human brain?
Gee, lets all party like it is world war 3...man, you warmongers are some sick puppies...shows one thing though...it shows how effective propaganda is in shaping minds.
Last time I checked, Russia and China had nuclear weaponry capable of destroying our country. I am wondering what exactly is in those 'supposed' covid vaccines? What detrimental effects that they have on the functioning of the human brain?
Biden provides more help to Ukraine
The Pentagon will send a second batch of arms to Ukraine
as the country enters its second month under Russian invasion.
The U.S. will send a variety of equipment to aid in Ukrainian
defense, including 10 Switchblade drones, which are armed
with tank-busting warheads, according to multiple reports.
The equipment is part of the $300 million in lethal military
assistance announced by the Pentagon last Friday, which
also includes tactical secure communications systems,
nonstandard machine guns and other defense systems.
switchblade drones r awesome
ukrainian militia using drones to great effectiveness
Biden provides more help to Ukraine
The Pentagon will send a second batch of arms to Ukraine
as the country enters its second month under Russian invasion.
The U.S. will send a variety of equipment to aid in Ukrainian
defense, including 10 Switchblade drones, which are armed
with tank-busting warheads, according to multiple reports.
The equipment is part of the $300 million in lethal military
assistance announced by the Pentagon last Friday, which
also includes tactical secure communications systems,
nonstandard machine guns and other defense systems.
switchblade drones r awesome
ukrainian militia using drones to great effectiveness
switchblade drones r awesome ukrainian militia using drones to great effectiveness
Very expensive but very effective!
switchblade drones r awesome ukrainian militia using drones to great effectiveness
Very expensive but very effective!
Russian energy giant Gazprom said on Friday it was exiting its business in Germany, amid a dispute between the two countries over Putin's insistence on switching payments for Russian gas to rubles only.
It was not immediately clear how the move would affect the supply of Russian gas, on which Germany currently uses for about 40% of its needs.
Russian energy giant Gazprom said on Friday it was exiting its business in Germany, amid a dispute between the two countries over Putin's insistence on switching payments for Russian gas to rubles only.
It was not immediately clear how the move would affect the supply of Russian gas, on which Germany currently uses for about 40% of its needs.
Of course Germany is taking a big risk, but circumstances here are forcing their hand in a hurry.
All Ukraine-supportive nations that currently draw energy from Russia are seriously looking at immediate and longterm methods of reducing their reliance on Russian sources.
Of course Germany is taking a big risk, but circumstances here are forcing their hand in a hurry.
All Ukraine-supportive nations that currently draw energy from Russia are seriously looking at immediate and longterm methods of reducing their reliance on Russian sources.
Congress Makes Russia a Pariah
on Trade, Adds Pressure on Putin
(Bloomberg) -- The U.S. Congress voted overwhelmingly
to strip Russia’s normal trade status with the U.S. and ban
imports of its gas, oil and coal, adding to the economic
squeeze by the U.S. and its allies to punish Russian President
Vladimir Putin’s government over the invasion of Ukraine.
Congress Makes Russia a Pariah
on Trade, Adds Pressure on Putin
(Bloomberg) -- The U.S. Congress voted overwhelmingly
to strip Russia’s normal trade status with the U.S. and ban
imports of its gas, oil and coal, adding to the economic
squeeze by the U.S. and its allies to punish Russian President
Vladimir Putin’s government over the invasion of Ukraine.
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