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Russia's economy getting crushed as sanctions isolate country

Global News
4.63M subscribers
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69K views 3 years ago #GlobalNews #Russia #Ruble
Western sanctions are having a devastating impact on Russia's economy. Its currency, the ruble, has lost about 50 per cent of its value since President Vladimir Putin invaded Ukraine. It now takes about 120 Russian rubles to buy $1 U.S. And as those sanctions against the country multiply, more companies are also stopping their business there— from McDonald's to IKEA. Eric Sorensen reports on the toll this is taking on everyday Russians, as their government tries to sanitize the reality of the situation. For more info, please go to https://globalnews.ca/news/8668714/uk... Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #Russia #Ruble #GlobalNews ...more
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Russia's economy getting crushed as sanctions isolate country
620Likes
69,727Views
2022Mar 10
Western sanctions are having a devastating impact on Russia's economy. Its currency, the ruble, has lost about 50 per cent of its value since President Vladimir Putin invaded Ukraine. It now takes about 120 Russian rubles to buy $1 U.S. And as those sanctions against the country multiply, more companies are also stopping their business there— from McDonald's to IKEA. Eric Sorensen reports on the toll this is taking on everyday Russians, as their government tries to sanitize the reality of the situation. For more info, please go to https://globalnews.ca/news/8668714/uk... Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Like Global News on Facebook HERE: http://bit.ly/255GMJQ Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB #Russia #Ruble #GlobalNews

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Global News

4.63M subscribers