Summary

Russia’s ruble has plunged to its lowest level since March 2022 following new U.S. sanctions on Gazprombank, a key platform for energy payments.

The ruble’s slide, driven by sanctions, falling oil prices, and soaring defense spending, has intensified inflation and strained the war economy.

While the Kremlin benefits from a weaker ruble by converting foreign revenues into more domestic currency, experts warn of overheating risks and financial instability.

The Russian central bank is scrambling for solutions, but long-term economic pressures and declining oil revenues pose significant challenges.

    • @Ciderpunk
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      1413 days ago

      Anti-imperialism is when you invade your neighbor and steal their land for no reason and also obliterate their language and culture from the regions you stole from them.

      • @Darorad
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        1073 days ago

        Don’t forget kidnapping their children and ‘adopting’ them into Russian families

      • AmidFuror
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        423 days ago

        Remember when Russia gave up its empire when the last tsar was overthrown and certainly as the first Communist state didn’t occupy its neighbors for decades? I don’t either.

        • @Valmond
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          31 day ago

          Russias evonomy is in the toilet is imperialistic propaganda?

          Lol ok.

        • @[email protected]
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          11 day ago

          I’m unfamiliar with this outlet, so I’d like to learn more. But your inability to provide supporting reasoning or evidence suggests to me that your claims should not be taken seriously.

        • @[email protected]
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          2 days ago

          DW is not capital-owned it’s literally a state broadcaster. Whatever foreign policy agenda you accuse it of you accuse Germany of as their editorial stance is precisely that of the foreign ministry. Also they’re highly factual, like it or not.