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Russian central bank takes desperate stand to halt collapsing ruble and fierce inflation

https://www.yahoo.com/finance/news/russian-central-bank-takes-desperate-153347276.html

 

 

In a bid to stave off red-hot inflation, Russia's central bank halted all foreign currency purchases for the remainder of the year, while actively selling Chinese yuan, in hopes of propping up the ruble. The ruble—currently worth a fraction of a penny—hit lows on Wednesday not seen since the start of the Ukraine war.

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Posted (edited)

was the door open ????.... very good reporting with contradictory posts (sarcasm intended )

Putin shuts the door to negotiations with US

 

Putin shuts the door to negotiations with US

Putin may be preparing to negotiate ceasefire deal and even make concessions

 

Putin may be preparing to negotiate ceasefire deal and even make concessions

 

Edited by Mavideol
Posted
21 hours ago, Mavideol said:

Why did Vladimir Putin replace Sergei Shoigu as Russia's Minister of Defense?

 

Why did Vladimir Putin replace Sergei Shoigu as Russia's Minister of Defense?

The reason is simple. Do you remember Prigozhin's mutiny last year? Well, it was not Prigozhin's mutiny. The whole world saw how the headquarters of the southern federal district of the Russian Defense Ministry for some reason let Prigozhin's soldiers into their territory instead of shooting them. This could only happen if they were given such an order from the Defense Ministry. Then we saw how 500,000 Defense Ministry soldiers in the rear did nothing to prevent Prigozhin's 4,000 soldiers from marching to Moscow to overthrow Putin.
What Putin would do after this is quite predictable. Shoigu and 50 of his subordinates in the Defense Ministry lost their jobs within a year.
I assume that during Trump's first visit to Moscow, Vladimir will tell Donald - you see, colleague, how we eliminate political competitors in Russia - we don't shoot them in elections, we just fire them!

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