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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Broken_Clock who wrote (1414488)8/14/2023 8:08:48 PM
From: Qone01 Recommendation

Recommended By
pocotrader

  Read Replies (1) | Respond to of 1572381
 
Most other countries are laughing at Putin. And no that's not a cop, sorry.



To: Broken_Clock who wrote (1414488)8/15/2023 11:21:27 AM
From: Wharf Rat3 Recommendations

Recommended By
Doren
pocotrader
rdkflorida2

  Read Replies (1) | Respond to of 1572381
 
"I think other countries are laughing at the us."

We sure are.

Russian ruble is now worth less than a penny, infuriating Vladimir Putin’s inner circle: ‘They’re laughing at us’

Vladimir Putin’s luck may be running out now that the ruble plunged below one cent, the lowest level against the U.S. dollar since the early days of his war in Ukraine.

The Russian president, who briefly faced down a coup attempt in June, could long point to the resilience of his currency in the face of sanctions as a propaganda victory that proved just how impotent Western economic reprisals were.

More than 500 days since his army invaded Ukraine, it looks as if Moscow’s highly respected central bank governor can no longer perform miracles for her boss.

The ruble that Elvira Nabiullina manages crashed through the psychological support of 100 to the U.S. dollar and on Monday is now worth less than a penny, the first time since March 23 of last year.

“They’re laughing at us,” scathed Vladimir Solovyov, Russia’s most well-known state TV personality and a chief Putin ally, already last week.