FIRING FISCAL BLANKS: Anti-Russian Sanctions Fail to Damage Ruble
Despite unprecedented Western sanctions on Russia, its currency has all but rebounded to pre-conflict positions.
The reaction has reportedly been due to protective financial measures - imposed by Russia’s Central Bank - and it's left experts wondering if the West's economic clampdown is as powerful as it boasts.
Meanwhile, Europeans are preparing for food, energy and fuel shortages - collateral damage from Washington and Brussel's sanction campaign.
Despite unprecedented Western sanctions on Russia, its currency has all but rebounded to pre-conflict positions.
The reaction has reportedly been due to protective financial measures - imposed by Russia’s Central Bank - and it's left experts wondering if the West's economic clampdown is as powerful as it boasts.
Meanwhile, Europeans are preparing for food, energy and fuel shortages - collateral damage from Washington and Brussel's sanction campaign.
2 yr. ago
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