Currently there is no official symbol for the ruble, though the abbreviation руб. is in wide use. Symbols have been put forward as possibilities, including "РР" (Cyrillic for "RR"), an "R" with two horizontal strokes across the top (similar to the Philippine peso sign), ₱, a "Р" with one horizontal strike.
Timothy Maxwell "Max" Keiser (born January 23, 1960) is an American broadcaster and film-maker. He hosts Keiser Report, a financial program broadcast on RT (formerly Russia Today). Keiser also anchors On the Edge, a program of news and analysis hosted by Iran's Press TV. He hosted the New Year's Eve special, The Keiser's Business Guide to 2010 for BBC Radio 5 Live. Keiser presented a season of The Oracle with Max Keiser on BBC World News. Previously he produced and appeared regularly in the TV series People & Power on the Al-Jazeera English network. He also presents a weekly show about finance and markets on London's Resonance FM, as well as writing for The Huffington Post.
In addition to his broadcasting work Keiser is known for his invention of "Virtual Specialist Technology", a software system used by the Hollywood Stock Exchange.
Keiser has been involved with markets and finance for 25 years. He started his career as a stock broker on Wall Street after graduating from New York University.
Russian ruble drops past 60 per dollar again..
See article here : http://goo.gl/SQyaxm
Moscow (AFP) - The Russian ruble on Tuesday plummeted past 60 against the dollar for the first time since March on falling oil prices, complicating the central bank's efforts to jump-start the battered economy.
The rubble reached 60.30 per dollar in early afternoon trading in Moscow after having lost two percent of its value on Monday.
2:29
Russian Miracle: Ruble becomes world's best performing currency in 2015
Russian Miracle: Ruble becomes world's best performing currency in 2015
Russian Miracle: Ruble becomes world's best performing currency in 2015
The Russian ruble continues its scorching ascent, improving 3% against the dollar and nearly 4% versus the euro, the best performance in over four months - READ MORE http://on.rt.com/j13qzk
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is
7:15
Russian ruble collapse, higher interest rates not helping
Russian ruble collapse, higher interest rates not helping
Russian ruble collapse, higher interest rates not helping
The Russian ruble continues to plummet, despite the central bank's latest move to defend the currency. Overnight, interest rates here hiked to 17%. At first that brought some relief - but then the ruble quickly lost those early gains. READ MORE: http://on.rt.com/9up9sv
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Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
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RT (Russia Today)
4:30
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
The Russian ruble has lost more than 20 percent against the US dollar since the beginning of the year, but what does that really mean, for Russia, its people, and economy? RT talks to Ben Aris, Editor-in-Chief of Business New Europe, to find out.
READ MORE: Putin says no capital controls in Russia, as currency hits record lows http://on.rt.com/2me9zr
1. Russia has decided on no capital controls. What’s your take on it?
“Russia, out of all the emerging markets, is the only one that has a total open current account you can transfer money in and out without any restriction from day to day. And this is very important for investors; because if
2:29
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
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RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
Russian price inflation rose to 16.9 percent in March, its highest level since 2002, as the country adapts to a sharply weakened ruble and the impact of politically motivated food import bans.
But despite the new high in the year-on-year rate, price growth is slowing, data published by the Rosstat state statistics service on Monday showed. Prices rose 1.2 percent in March, following increases of 2.2 percent in February, 3
12:50
Max Keiser on the Russian ruble collapse
Max Keiser on the Russian ruble collapse
Max Keiser on the Russian ruble collapse
Max Keiser on the Russian ruble collapse
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------------------------------------------------------------
Economic collapse, money, politics, political, debt,Dollar collapse, Alex Jones, USA, China, United States, Bank, Reserve, Freedom, America, Gerald Celente, Peter Schiff, Fed, Government, financial times, economic depression,
1:31
The best currency is Russian Ruble
The best currency is Russian Ruble
The best currency is Russian Ruble
Do you know that the ruble is the best currency? And this is not the opinion of even the Central Bank of Russia, such message has come from overseas. US agency Bloomberg writes that "for the first three months of 2015, the Russian currency on the indicators passed from the category of the worst in the world into the category of the best, denying the forecasts of even most accurate analysts in the predictions."
Bloomberg based on their observations. According to the journalists, the dependence of the ruble from oil receded. Today, the main factor in the weakening and strengthening of the Russian currency is the situation in the south-east of
2:34
Ruble tanks, Russian mortgages skyrocket
Ruble tanks, Russian mortgages skyrocket
Ruble tanks, Russian mortgages skyrocket
Russians seek government help as the value of the ruble plummets. Erin McLaughlin has more.
6:07
Bumpy ride for Russian Ruble
Bumpy ride for Russian Ruble
Bumpy ride for Russian Ruble
At its peak today - it was more than 80 and 100 rubles respectively. That's despite the government raising the key interest rate from just over 10 percent to 17. This means that bank loans will hike to over 20 percent. Businesses relying on loans will suffer. People with mortgages have no idea what to do. Russians are canceling travel plans. Prices in supermarkets are rising. Economic expert Ben Aris is In the NOW - he says it's bad, but it's nothing like 1998, so stop the drama.
"In the Now" with RT's Senior Political correspondent Anissa Naouai is the first dedicated nightly Primetime show to air live out of our Moscow headquarters. Host
1:06
Russian ruble to be circulated in Chinese border city
Russian ruble to be circulated in Chinese border city
Russian ruble to be circulated in Chinese border city
A Chinese city bordering Russia greenlights the circulation of ruble.
The People's Bank of China has authorized Suifenhe City on the China-Russia border in northeastern China's Heilongjiang Province as a pilot zone where the ruble can be officially used alongside the yuan.
Suifeihe City is the major hub of Heilongjiang Province's trade with Russia.
It accounted for 80 percent of Heilongjiang's export of goods to Russia and reported a foreign trade of 7.59 billion U.S. dollars in 2014.
Ruble is already widely used in Suifenhe, particularly in shops and hotels targeting Russian customers.
City officials believe that legalizing the use of
3:04
Russian Ruble Rises to Highest Level in Five Months
Russian Ruble Rises to Highest Level in Five Months
Russian Ruble Rises to Highest Level in Five Months
April 16 -- In today's "Bart Chart," Bloomberg's Mark Barton takes a look at the Russian ruble, the Russia local sovereign bond index and the RTS equity benchmark on "Countdown."
5:22
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
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RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
Saudi Arabia, the most influential member of OPEC, and the United States are working together to destroy the Russian economy and destabilize the country. Russia Struggles to Contain Damage as Oil Prices Slide
Despite the best efforts of the Russian central bank, the ruble is experiencing a dramatic fall. “We are seeing an economic crisis,” “We are seeing a sharp devaluation of the ruble at a time when the central bank d
6:04
Jim Rickards on The US dollar and the Russian ruble
Jim Rickards on The US dollar and the Russian ruble
Jim Rickards on The US dollar and the Russian ruble
Jim Rickards on The US dollar and the Russian ruble
PLEASE click here to SUBSCRIBE to my channel..
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google + https://plus.google.com/u/0/113520536173293817033/posts
------------------------------------------------------------
Economic collapse, money, politics, political, debt,Dollar collapse, Alex Jones, USA, China, United States, Bank, Reserve, Freedom, America, Gerald Celente, Peter Schiff, Fed, Government, financial times, economic d
2:02
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
The Russian ruble tracked the downward trajectory of oil for the fourth day in a row on Monday (August 10) as increases in US drilling added to signs producers will keep pumping crude amid a global glut.
Check out our website: http://uatoday.tv
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Russian ruble drops past 60 per dollar again..
See article here : http://goo.gl/SQyaxm
Moscow (AFP) - The Russian ruble on Tuesday plummeted past 60 against the dollar for the first time since March on falling oil prices, complicating the central bank's efforts to jump-start the battered economy.
The rubble reached 60.30 per dollar in early afternoon trading in Moscow after having lost two percent of its value on Monday.
2:29
Russian Miracle: Ruble becomes world's best performing currency in 2015
Russian Miracle: Ruble becomes world's best performing currency in 2015
Russian Miracle: Ruble becomes world's best performing currency in 2015
The Russian ruble continues its scorching ascent, improving 3% against the dollar and nearly 4% versus the euro, the best performance in over four months - READ MORE http://on.rt.com/j13qzk
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Instagram http://instagram.com/rt
Follow us on Google+ http://plus.google.com/+RT
Listen to us on Soundcloud: https://soundcloud.com/rttv
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is
7:15
Russian ruble collapse, higher interest rates not helping
Russian ruble collapse, higher interest rates not helping
Russian ruble collapse, higher interest rates not helping
The Russian ruble continues to plummet, despite the central bank's latest move to defend the currency. Overnight, interest rates here hiked to 17%. At first that brought some relief - but then the ruble quickly lost those early gains. READ MORE: http://on.rt.com/9up9sv
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Instagram http://instagram.com/rt
Follow us on Google+ http://plus.google.com/+RT
Listen to us on Soundcloud: https://soundcloud.com/rttv
RT (Russia Today)
4:30
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
The Russian ruble has lost more than 20 percent against the US dollar since the beginning of the year, but what does that really mean, for Russia, its people, and economy? RT talks to Ben Aris, Editor-in-Chief of Business New Europe, to find out.
READ MORE: Putin says no capital controls in Russia, as currency hits record lows http://on.rt.com/2me9zr
1. Russia has decided on no capital controls. What’s your take on it?
“Russia, out of all the emerging markets, is the only one that has a total open current account you can transfer money in and out without any restriction from day to day. And this is very important for investors; because if
2:29
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
SUBSCRIBE to ELITE NWO AGENDA for Latest on CURRENCY WARS / DOLLAR COLLAPSE / GLOBAL RESET / GOLD / SILVER http://www.youtube.com/EliteNWOAgenda
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
Russian price inflation rose to 16.9 percent in March, its highest level since 2002, as the country adapts to a sharply weakened ruble and the impact of politically motivated food import bans.
But despite the new high in the year-on-year rate, price growth is slowing, data published by the Rosstat state statistics service on Monday showed. Prices rose 1.2 percent in March, following increases of 2.2 percent in February, 3
12:50
Max Keiser on the Russian ruble collapse
Max Keiser on the Russian ruble collapse
Max Keiser on the Russian ruble collapse
Max Keiser on the Russian ruble collapse
PLEASE click here to SUBSCRIBE to my channel ..
SUBSCRIBE for more latest news / Economy | money | Economic collapse | crisis | Gold | Silver | New World Order | World War 3 | Agenda 21 | BITCOIN...
https://www.youtube.com/user/SuperDocumentaryTV/videos
google + https://plus.google.com/u/0/113520536173293817033/posts
------------------------------------------------------------
Economic collapse, money, politics, political, debt,Dollar collapse, Alex Jones, USA, China, United States, Bank, Reserve, Freedom, America, Gerald Celente, Peter Schiff, Fed, Government, financial times, economic depression,
1:31
The best currency is Russian Ruble
The best currency is Russian Ruble
The best currency is Russian Ruble
Do you know that the ruble is the best currency? And this is not the opinion of even the Central Bank of Russia, such message has come from overseas. US agency Bloomberg writes that "for the first three months of 2015, the Russian currency on the indicators passed from the category of the worst in the world into the category of the best, denying the forecasts of even most accurate analysts in the predictions."
Bloomberg based on their observations. According to the journalists, the dependence of the ruble from oil receded. Today, the main factor in the weakening and strengthening of the Russian currency is the situation in the south-east of
2:34
Ruble tanks, Russian mortgages skyrocket
Ruble tanks, Russian mortgages skyrocket
Ruble tanks, Russian mortgages skyrocket
Russians seek government help as the value of the ruble plummets. Erin McLaughlin has more.
6:07
Bumpy ride for Russian Ruble
Bumpy ride for Russian Ruble
Bumpy ride for Russian Ruble
At its peak today - it was more than 80 and 100 rubles respectively. That's despite the government raising the key interest rate from just over 10 percent to 17. This means that bank loans will hike to over 20 percent. Businesses relying on loans will suffer. People with mortgages have no idea what to do. Russians are canceling travel plans. Prices in supermarkets are rising. Economic expert Ben Aris is In the NOW - he says it's bad, but it's nothing like 1998, so stop the drama.
"In the Now" with RT's Senior Political correspondent Anissa Naouai is the first dedicated nightly Primetime show to air live out of our Moscow headquarters. Host
1:06
Russian ruble to be circulated in Chinese border city
Russian ruble to be circulated in Chinese border city
Russian ruble to be circulated in Chinese border city
A Chinese city bordering Russia greenlights the circulation of ruble.
The People's Bank of China has authorized Suifenhe City on the China-Russia border in northeastern China's Heilongjiang Province as a pilot zone where the ruble can be officially used alongside the yuan.
Suifeihe City is the major hub of Heilongjiang Province's trade with Russia.
It accounted for 80 percent of Heilongjiang's export of goods to Russia and reported a foreign trade of 7.59 billion U.S. dollars in 2014.
Ruble is already widely used in Suifenhe, particularly in shops and hotels targeting Russian customers.
City officials believe that legalizing the use of
3:04
Russian Ruble Rises to Highest Level in Five Months
Russian Ruble Rises to Highest Level in Five Months
Russian Ruble Rises to Highest Level in Five Months
April 16 -- In today's "Bart Chart," Bloomberg's Mark Barton takes a look at the Russian ruble, the Russia local sovereign bond index and the RTS equity benchmark on "Countdown."
5:22
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
SUBSCRIBE to ELITE NWO AGENDA for Latest on BUILD UP TO WW3 / CURRENCY WARS / GLOBAL RESET / RUSSIA / GOLD / SILVER http://www.youtube.com/EliteNWOAgenda
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
Saudi Arabia, the most influential member of OPEC, and the United States are working together to destroy the Russian economy and destabilize the country. Russia Struggles to Contain Damage as Oil Prices Slide
Despite the best efforts of the Russian central bank, the ruble is experiencing a dramatic fall. “We are seeing an economic crisis,” “We are seeing a sharp devaluation of the ruble at a time when the central bank d
6:04
Jim Rickards on The US dollar and the Russian ruble
Jim Rickards on The US dollar and the Russian ruble
Jim Rickards on The US dollar and the Russian ruble
Jim Rickards on The US dollar and the Russian ruble
PLEASE click here to SUBSCRIBE to my channel..
SUBSCRIBE for more latest news / Economy | money | Economic collapse | crisis | Gold | Silver | New World Order | World War 3 | Agenda 21 | BITCOIN...
https://www.youtube.com/user/SuperDocumentaryTV/videos
google + https://plus.google.com/u/0/113520536173293817033/posts
------------------------------------------------------------
Economic collapse, money, politics, political, debt,Dollar collapse, Alex Jones, USA, China, United States, Bank, Reserve, Freedom, America, Gerald Celente, Peter Schiff, Fed, Government, financial times, economic d
2:02
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
The Russian ruble tracked the downward trajectory of oil for the fourth day in a row on Monday (August 10) as increases in US drilling added to signs producers will keep pumping crude amid a global glut.
Check out our website: http://uatoday.tv
Facebook: https://facebook.com/uatodaytv
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2:16
Max Keiser on Russian Ruble currency woes (17Dec14)
Max Keiser on Russian Ruble currency woes (17Dec14)
Max Keiser on Russian Ruble currency woes (17Dec14)
Max Keiser comments on the rapid drop of the Russian Ruble versus currencies like US Dollar and UK Pound. The West thinks they will crush Russia and President Putin, where all it is doing is costing the Western idiot countries far worse..... and don't forget, Russians know how to deal with hardship, the West does not.
Recorded from RT UK HD, 17 December 2014.
1:43
RUSSIAN RUBLE CRISIS - Ruble No Longer In Ruin. But Will It Last?
RUSSIAN RUBLE CRISIS - Ruble No Longer In Ruin. But Will It Last?
RUSSIAN RUBLE CRISIS - Ruble No Longer In Ruin. But Will It Last?
SUBSCRIBE to ELITE NWO AGENDA for Latest on CURRENCY WARS / DOLLAR COLLAPSE / GLOBAL RESET / GOLD / SILVER http://www.youtube.com/EliteNWOAgenda
RUSSIAN RUBLE CRISIS - Ruble No Longer In Ruin. But Will It Last?
Russian price inflation rose to 16.9 percent in March, its highest level since 2002, as the country adapts to a sharply weakened ruble and the impact of politically motivated food import bans.
But despite the new high in the year-on-year rate, price growth is slowing, data published by the Rosstat state statistics service on Monday showed. Prices rose 1.2 percent in March, following increases of 2.2 percent in February, 3.9 percent
11:55
Russian Money: Rubles. Banknotes and Coins. "Real Russia" ep.65
Russian Money: Rubles. Banknotes and Coins. "Real Russia" ep.65
Russian Money: Rubles. Banknotes and Coins. "Real Russia" ep.65
Russian money. Russian rubles in banknotes and coins. The last edition of Russian money which is legitimate at the moment in Russia was made in 1997. Russian...
1:24
The collapse of the Russian ruble
The collapse of the Russian ruble
The collapse of the Russian ruble
The dollar and the euro have been growing rapidly against the Russian ruble lately. Some experts see the positive side of the ruble devaluation. According to them, the current situation may trigger the rise of the Russian industry. Yet, the factor of the plummeting ruble is not enough against the backdrop of sanctions.
Dmitry Miroshnichenko, independent economic expert
"In my view, the ruble devaluation creates a certain window of opportunity, but devaluation alone is not enough to launch import substitution in Russia. This requires a lot of factors that, unfortunately, our country doesn't have. Devaluation is like icing on the cake. Th
13:59
Sheikh Imran Hosein 2015 the collapse of the Russian ruble relationship by the saga, Islamic escha
Sheikh Imran Hosein 2015 the collapse of the Russian ruble relationship by the saga, Islamic escha
Sheikh Imran Hosein 2015 the collapse of the Russian ruble relationship by the saga, Islamic escha
لمزيد من المعلومات ارجو زيارة صفحتي على الفيس بوك : http://adf.ly/wChId
https://www.youtube.com/watch?v=kmrzX1vFO4o
https://www.youtube.com/watch?v=a2s2aZChCJk
https://www.youtube.com/watch?v=h3iCK4u1YVA
https://www.youtube.com/watch?v=pXXTZXYnD38
https://www.youtube.com/watch?v=GLUQzpaUyjs
https://www.youtube.com/watch?v=GLUQzpaUyjs
اللهم إغفر لي ولوالدي وللمؤمنين والمؤمنات والمسلمين والمسلمات الأحياء منهم والأموات
اللهم اغفر لي ولوالدي وللمؤمنين والمؤمنات الاحياء منهم والاموات
ربي اغفر لي ولوالدي وللمؤمنين يوم يقوم الحساب
اللهم صلي وسلم علي سيدنا محمد وعلي آله وصحبه وسلم تسليما
3:03
Anh ngữ đặc biệt: Russia Ruble Woes (VOA)
Anh ngữ đặc biệt: Russia Ruble Woes (VOA)
Anh ngữ đặc biệt: Russia Ruble Woes (VOA)
Học tiếng Anh hiệu quả, nhanh chóng: http://www.facebook.com/HocTiengAnhVOA, http://www.voatiengviet.com/section/hoc-tieng-anh/2693.html. Nếu không vào được VOA, xin hãy vào http://vn3000.com để vượt tường lửa. Các chương trình học tiếng Anh miễn phí của VOA (VOA Learning English for Vietnamese) có thể giúp bạn cải tiến kỹ năng nghe và phát âm, hiểu rõ cấu trúc ngữ pháp, và sử dụng Anh ngữ một cách chính xác. Xem thêm: http://www.facebook.com/VOATiengViet
Luyện nghe nói và học từ vựng tiếng Anh qua video. Xem các bài học kế tiếp: https://www.youtube.com/playlist?list=PLD7C5CB40C5FF0531
Econ: Luyện nghe nói tiếng Anh qua video: Chương trình
5:38
Gerald Celente on the Currency war, Russian ruble, alternative energy!
Gerald Celente on the Currency war, Russian ruble, alternative energy!
Gerald Celente on the Currency war, Russian ruble, alternative energy!
Gerald Celente on the Currency war, Russian ruble, alternative energy!
1:46
China to Launch Yuan Swap Trading with Russian Ruble On Monday!
China to Launch Yuan Swap Trading with Russian Ruble On Monday!
China to Launch Yuan Swap Trading with Russian Ruble On Monday!
http://www.undergroundworldnews.com
So while the US continues to parade with "destroying" the Russian economy, even if it means crushing the shale industry, aka the only bright spot, and high-paying job-creating industry in the US economy over the past 5 years, Russia and China continue to be nudged by the west ever closer monetarily and strategically, until one day, as we have long predicted, China and Russia will announce a joint currency, one backed by both China's "surprising" gold reserves and Russia's commodity hoard. Then things will get interesting.
http://www.zerohedge.com/news/2014-12-26/china-launch-yuan-swap-trading-russian-rubl
3:01
Russian ruble loses value against dollar and euro
Russian ruble loses value against dollar and euro
Russian ruble loses value against dollar and euro
SHOTLIST
1. Wide interior of food market
2. Mid of market traders
3. Man hands money to trader
4. Trader hands meat to man
5. Close up of roubles in hand
6. Wide of meat stall
7. SOUNDBITE: (Russian) Anna (no surname given), vox pop:
"I've just bought some meat and the prices have gone up. About 20 per cent at least. I have bought a shoulder of lamb and paid 540 rubles but before I paid 360 rubles."
8. Wide interior of Moscow Interbank Currency Exchange
9. Wide of traders
10. Mid of traders
11. SOUNDBITE: (Russian) Alexei Gerasyuk, MICEX Spokesman:
"It's not very worthwhile making predictions at the present time. Everything dep
Russian ruble drops past 60 per dollar again..
See article here : http://goo.gl/SQyaxm
Moscow (AFP) - The Russian ruble on Tuesday plummeted past 60 against the dollar for the first time since March on falling oil prices, complicating the central bank's efforts to jump-start the battered economy.
The rubble reached 60.30 per dollar in early afternoon trading in Moscow after having lost two percent of its value on Monday.
Russian ruble drops past 60 per dollar again..
See article here : http://goo.gl/SQyaxm
Moscow (AFP) - The Russian ruble on Tuesday plummeted past 60 against the dollar for the first time since March on falling oil prices, complicating the central bank's efforts to jump-start the battered economy.
The rubble reached 60.30 per dollar in early afternoon trading in Moscow after having lost two percent of its value on Monday.
published:29 Jul 2015
views:193
Russian Miracle: Ruble becomes world's best performing currency in 2015
The Russian ruble continues its scorching ascent, improving 3% against the dollar and nearly 4% versus the euro, the best performance in over four months - READ MORE http://on.rt.com/j13qzk
RT LIVE http://rt.com/on-air
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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
The Russian ruble continues its scorching ascent, improving 3% against the dollar and nearly 4% versus the euro, the best performance in over four months - READ MORE http://on.rt.com/j13qzk
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
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published:11 Apr 2015
views:301
Russian ruble collapse, higher interest rates not helping
The Russian ruble continues to plummet, despite the central bank's latest move to defend the currency. Overnight, interest rates here hiked to 17%. At first that brought some relief - but then the ruble quickly lost those early gains. READ MORE: http://on.rt.com/9up9sv
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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
The Russian ruble continues to plummet, despite the central bank's latest move to defend the currency. Overnight, interest rates here hiked to 17%. At first that brought some relief - but then the ruble quickly lost those early gains. READ MORE: http://on.rt.com/9up9sv
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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.
published:16 Dec 2014
views:34097
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
The Russian ruble has lost more than 20 percent against the US dollar since the beginning of the year, but what does that really mean, for Russia, its people, and economy? RT talks to Ben Aris, Editor-in-Chief of Business New Europe, to find out.
READ MORE: Putin says no capital controls in Russia, as currency hits record lows http://on.rt.com/2me9zr
1. Russia has decided on no capital controls. What’s your take on it?
“Russia, out of all the emerging markets, is the only one that has a total open current account you can transfer money in and out without any restriction from day to day. And this is very important for investors; because if they make money they have to be sure that they take it home.”
2. The last time Russia introduced capital controls was in the aftermath of the 1998 ruble crisis. Is this a repeat scenario?
“If they were to introduce capital controls, it’s usually a measure of last resort when your hard currencies reserves are running out to nothing and you’re desperate for every dollar to pay for imports. Russia is far away from that position and has $450 billion - the third largest reserves in currency in the world - so there is no need for capital controls.”
3. At what stage would Russia need to enforce capital controls?
“A full-blown financial meltdown is the point you start reaching those kinds of mechanisms in order to keep the whole show going. You can point to Ukraine as an example, Ukraine is in a financial crisis and the economy is expected to contract by at least 8 percent his year and they introduced capital controls about 6 months ago."
"Russia has a huge cushion of cash, and doesn’t need to do that.”
4. Would moving towards a free floating currency help Russia?
“It does. Because it also acts as a cushion. If there are shocks or economic pain then the ruble will devalue as it has been- it’s lost 20 percent of its value this year.”
5. Who benefits from a weak ruble?
“What it does is it makes Russian products cheaper, makes it easier to export, you can add more revenue- the oil companies in particular benefit do extremely well because their costs are in rubles, but revenue in dollars.”
6. How does Russia balance high inflation and slow economic growth?
“Inflation is being driven by non-monetary factors. That is to say, usual things you do to bring inflation down is to attach to monetary policy, how many rubles you print, and none of these things are actually pushing inflation up, it’s things like food prices, which are outside of the central bank. So she [Central Bank Chief Nabiullina, Ed] has a very job of trying to manage inflation- because she doesn’t actually have any tools to deal with it.
So this is a wider problem of structural reform, lifting the sanctions and ending sanctions on European food, investing into agricultural. But these things will really only start to kick in and make a difference a couple year down the road. In the meantime, they will have to muddle through the best they can.”
READ MORE: http://on.rt.com/mf4t30
۞============۩============۞
6 perkara ANDA perlu TAHU yang BERGUNA Mengenai Rapid Descent Ruble RUSIA
Ruble Rusia telah kehilangan lebih 20 % peratus berbanding dolar Amerika Syarikat sejak awal tahun ini, tapi apa yang benar-benar bermakna, untuk Rusia, rakyatnya, dan ekonomi?
RT bercakap kepada Ben Aris, Editor-in-Chief Perniagaan Baru Eropah, untuk mengetahui.
1. Rusia telah memutuskan tiada kawalan modal. Apa yang anda mengambil di atasnya?
"Rusia, daripada semua pasaran baru muncul, adalah satu-satunya yang mempunyai jumlah akaun semasa yang terbuka, anda boleh memindahkan wang masuk dan keluar tanpa sebarang sekatan dari hari ke hari. Dan ini adalah sangat penting bagi para pelabur; kerana jika mereka membuat wang mereka perlu memastikan bahawa mereka mengambil pulang ke rumah."
2. Kali terakhir Rusia memperkenalkan kawalan modal adalah dalam selepas krisis 1998 rouble. Adakah ini senario berulang?
"Jika mereka memperkenalkan kawalan modal, ia biasanya langkah terakhir apabila mata wang rizab keras anda kehabisan untuk apa-apa dan anda terdesak bagi setiap dolar untuk membayar import. Rusia adalah jauh dari kedudukan itu dan mempunyai $450 billion - rizab yang ke-3 terbesar dalam mata wang di DUNIA - jadi tidak ada keperluan untuk kawalan modal".
3. Pada peringkat mana akan Rusia perlu menguatkuasakan kawalan modal?
"Krisis kewangan besar-besaran adalah tempat yang anda mula mencapai orang-orang jenis mekanisme untuk memastikan keseluruhan persembahan berterusan. Anda boleh menunjukkan kepada Ukraine sebagai contoh, Ukraine adalah dalam krisis kewangan dan ekonomi dijangka menguncup tahun sebanyak sekurang-kurangnya 8 % peratus dan mereka memperkenalkan modal menguasai kira-kira 6 bulan yang lalu."
"Rusia mempunyai kusyen besar wang tunai, dan tidak perlu untuk berbuat demikian".
LANJUT . . .
treasureISLAND http://islandtreasureborneo.blogspot.com/
The Russian ruble has lost more than 20 percent against the US dollar since the beginning of the year, but what does that really mean, for Russia, its people, and economy? RT talks to Ben Aris, Editor-in-Chief of Business New Europe, to find out.
READ MORE: Putin says no capital controls in Russia, as currency hits record lows http://on.rt.com/2me9zr
1. Russia has decided on no capital controls. What’s your take on it?
“Russia, out of all the emerging markets, is the only one that has a total open current account you can transfer money in and out without any restriction from day to day. And this is very important for investors; because if they make money they have to be sure that they take it home.”
2. The last time Russia introduced capital controls was in the aftermath of the 1998 ruble crisis. Is this a repeat scenario?
“If they were to introduce capital controls, it’s usually a measure of last resort when your hard currencies reserves are running out to nothing and you’re desperate for every dollar to pay for imports. Russia is far away from that position and has $450 billion - the third largest reserves in currency in the world - so there is no need for capital controls.”
3. At what stage would Russia need to enforce capital controls?
“A full-blown financial meltdown is the point you start reaching those kinds of mechanisms in order to keep the whole show going. You can point to Ukraine as an example, Ukraine is in a financial crisis and the economy is expected to contract by at least 8 percent his year and they introduced capital controls about 6 months ago."
"Russia has a huge cushion of cash, and doesn’t need to do that.”
4. Would moving towards a free floating currency help Russia?
“It does. Because it also acts as a cushion. If there are shocks or economic pain then the ruble will devalue as it has been- it’s lost 20 percent of its value this year.”
5. Who benefits from a weak ruble?
“What it does is it makes Russian products cheaper, makes it easier to export, you can add more revenue- the oil companies in particular benefit do extremely well because their costs are in rubles, but revenue in dollars.”
6. How does Russia balance high inflation and slow economic growth?
“Inflation is being driven by non-monetary factors. That is to say, usual things you do to bring inflation down is to attach to monetary policy, how many rubles you print, and none of these things are actually pushing inflation up, it’s things like food prices, which are outside of the central bank. So she [Central Bank Chief Nabiullina, Ed] has a very job of trying to manage inflation- because she doesn’t actually have any tools to deal with it.
So this is a wider problem of structural reform, lifting the sanctions and ending sanctions on European food, investing into agricultural. But these things will really only start to kick in and make a difference a couple year down the road. In the meantime, they will have to muddle through the best they can.”
READ MORE: http://on.rt.com/mf4t30
۞============۩============۞
6 perkara ANDA perlu TAHU yang BERGUNA Mengenai Rapid Descent Ruble RUSIA
Ruble Rusia telah kehilangan lebih 20 % peratus berbanding dolar Amerika Syarikat sejak awal tahun ini, tapi apa yang benar-benar bermakna, untuk Rusia, rakyatnya, dan ekonomi?
RT bercakap kepada Ben Aris, Editor-in-Chief Perniagaan Baru Eropah, untuk mengetahui.
1. Rusia telah memutuskan tiada kawalan modal. Apa yang anda mengambil di atasnya?
"Rusia, daripada semua pasaran baru muncul, adalah satu-satunya yang mempunyai jumlah akaun semasa yang terbuka, anda boleh memindahkan wang masuk dan keluar tanpa sebarang sekatan dari hari ke hari. Dan ini adalah sangat penting bagi para pelabur; kerana jika mereka membuat wang mereka perlu memastikan bahawa mereka mengambil pulang ke rumah."
2. Kali terakhir Rusia memperkenalkan kawalan modal adalah dalam selepas krisis 1998 rouble. Adakah ini senario berulang?
"Jika mereka memperkenalkan kawalan modal, ia biasanya langkah terakhir apabila mata wang rizab keras anda kehabisan untuk apa-apa dan anda terdesak bagi setiap dolar untuk membayar import. Rusia adalah jauh dari kedudukan itu dan mempunyai $450 billion - rizab yang ke-3 terbesar dalam mata wang di DUNIA - jadi tidak ada keperluan untuk kawalan modal".
3. Pada peringkat mana akan Rusia perlu menguatkuasakan kawalan modal?
"Krisis kewangan besar-besaran adalah tempat yang anda mula mencapai orang-orang jenis mekanisme untuk memastikan keseluruhan persembahan berterusan. Anda boleh menunjukkan kepada Ukraine sebagai contoh, Ukraine adalah dalam krisis kewangan dan ekonomi dijangka menguncup tahun sebanyak sekurang-kurangnya 8 % peratus dan mereka memperkenalkan modal menguasai kira-kira 6 bulan yang lalu."
"Rusia mempunyai kusyen besar wang tunai, dan tidak perlu untuk berbuat demikian".
LANJUT . . .
treasureISLAND http://islandtreasureborneo.blogspot.com/
published:07 Oct 2014
views:2
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
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RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
Russian price inflation rose to 16.9 percent in March, its highest level since 2002, as the country adapts to a sharply weakened ruble and the impact of politically motivated food import bans.
But despite the new high in the year-on-year rate, price growth is slowing, data published by the Rosstat state statistics service on Monday showed. Prices rose 1.2 percent in March, following increases of 2.2 percent in February, 3.9 percent in January and 2.6 percent in December, Rosstat said.
Inflation surged after Moscow imposed bans on imports of food from the United States, the European Union and a number of other countries in August in response to sanctions over Russia's actions in Ukraine. A near 40 percent fall in the value of the ruble against the U.S. dollar since last summer has also raised the cost of imports.
Russia’s ruble may no longer be the worst emerging market currency around, but that hasn’t improved business sentiment among wealthy Russians. They’re still shopping abroad for deals.
“Rich Russians are all worried because they don’t see how the country is going to lift itself from this crisis and don’t know what policies the government will enact to get them there,” says Marlen Kruzhkov, an attorney with Gusrae Kaplan in New York focused on financial transactions.
The sharp decline in the Russian ruble against the dollar caused high-end residential rental prices in Moscow to tank some 16 percent last year, while prime rents in Singapore and China also slipped.
Rent in the Russian capital is measured in U.S. dollars, and weakness in letting prices is directly linked to the ruble's fall, according to property consultancy Knight Frank. The ruble fell 68 percent against the dollar in 2014.
The fall in Moscow rent dragged on Knight Frank's global prime rental index The ruble's sharp decline is exacting a toll on Southeast Asian tourism as Russians think twice about doubling their budgets for their next beach holiday in Vietnam, Thailand or Cambodia.
russia ruble "Russian ruble" money currency forex "forex trading" collapse cash 2015 2016 future savings "savings account" rally oil "oil price" "crude oil" finance RUB USD dollar "u.s. dollar" "currency exchange" traders trade trading trends trending inflation recession depression "bank account" banking bank gold silver bullion asset commodity "gold coin" "silver eagle" "silver coins" "cash for gold" debt loan "credit card" travel china "united states" usa america news "elite nwo agenda" entertainment jim rogers marc faber doom gloom max keiser bitcoin litecoin collapse millionaire bilderberg 2015 end game illuminati truth prepper prepare rawdogletard jsnip4 lindsey williams dvd documentary bankers george soros putin rothschild rothchilds
The rouble fell 43 percent last year against the dollar, hurt by plunging oil prices and Western sanctions imposed over Moscow's role in the Ukraine political crisis. A Russian tourist now needs to fork out as much as 140,000 rubles ($2,479) for a trip to Vietnam, including plane tickets and accommodation, up from 60,000 rubles last year, a state-run Vietnamese newspaper estimated. For those who do make it to Vietnam, they are buying instant noodles instead of eating out, local media reported.
Sberbank analysts said the ruble's recent rise was probably aided by households converting foreign currency into rubles, reversing their $30 billion purchases of other currencies last year.
"At the moment the ruble's [upward] correction looks overzealous as it exceeds the relative correction in oil and the U.S. dollar," they wrote. "At current oil prices we expect USD/RUB to hover comfortably around 56-57." While the west huffs and puffs, and threatens to unleash even more “costs” on Russia in the form of additional sanctions which will assure that Europe’s latest deflationary recession is even more acute, an “isolated” Russia is looking to outside, and to the east, and as part of its most recent de-dollarization initiative, the Moscow Exchange announced it has started trading Chinese Renminbi-Russian Ruble currency futures.
The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow’s international standing, and possibly for the long-term.
Yet, it is precisely such conditions that may push the country’s leadership into taking the radical step that will secure its world-player status once and for all: the adoption of a gold-exchange standard. Though a far-fetched idea at first glance, many factors suggest that re monetization in gold may be a logical next step for Moscow.
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RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
Russian price inflation rose to 16.9 percent in March, its highest level since 2002, as the country adapts to a sharply weakened ruble and the impact of politically motivated food import bans.
But despite the new high in the year-on-year rate, price growth is slowing, data published by the Rosstat state statistics service on Monday showed. Prices rose 1.2 percent in March, following increases of 2.2 percent in February, 3.9 percent in January and 2.6 percent in December, Rosstat said.
Inflation surged after Moscow imposed bans on imports of food from the United States, the European Union and a number of other countries in August in response to sanctions over Russia's actions in Ukraine. A near 40 percent fall in the value of the ruble against the U.S. dollar since last summer has also raised the cost of imports.
Russia’s ruble may no longer be the worst emerging market currency around, but that hasn’t improved business sentiment among wealthy Russians. They’re still shopping abroad for deals.
“Rich Russians are all worried because they don’t see how the country is going to lift itself from this crisis and don’t know what policies the government will enact to get them there,” says Marlen Kruzhkov, an attorney with Gusrae Kaplan in New York focused on financial transactions.
The sharp decline in the Russian ruble against the dollar caused high-end residential rental prices in Moscow to tank some 16 percent last year, while prime rents in Singapore and China also slipped.
Rent in the Russian capital is measured in U.S. dollars, and weakness in letting prices is directly linked to the ruble's fall, according to property consultancy Knight Frank. The ruble fell 68 percent against the dollar in 2014.
The fall in Moscow rent dragged on Knight Frank's global prime rental index The ruble's sharp decline is exacting a toll on Southeast Asian tourism as Russians think twice about doubling their budgets for their next beach holiday in Vietnam, Thailand or Cambodia.
russia ruble "Russian ruble" money currency forex "forex trading" collapse cash 2015 2016 future savings "savings account" rally oil "oil price" "crude oil" finance RUB USD dollar "u.s. dollar" "currency exchange" traders trade trading trends trending inflation recession depression "bank account" banking bank gold silver bullion asset commodity "gold coin" "silver eagle" "silver coins" "cash for gold" debt loan "credit card" travel china "united states" usa america news "elite nwo agenda" entertainment jim rogers marc faber doom gloom max keiser bitcoin litecoin collapse millionaire bilderberg 2015 end game illuminati truth prepper prepare rawdogletard jsnip4 lindsey williams dvd documentary bankers george soros putin rothschild rothchilds
The rouble fell 43 percent last year against the dollar, hurt by plunging oil prices and Western sanctions imposed over Moscow's role in the Ukraine political crisis. A Russian tourist now needs to fork out as much as 140,000 rubles ($2,479) for a trip to Vietnam, including plane tickets and accommodation, up from 60,000 rubles last year, a state-run Vietnamese newspaper estimated. For those who do make it to Vietnam, they are buying instant noodles instead of eating out, local media reported.
Sberbank analysts said the ruble's recent rise was probably aided by households converting foreign currency into rubles, reversing their $30 billion purchases of other currencies last year.
"At the moment the ruble's [upward] correction looks overzealous as it exceeds the relative correction in oil and the U.S. dollar," they wrote. "At current oil prices we expect USD/RUB to hover comfortably around 56-57." While the west huffs and puffs, and threatens to unleash even more “costs” on Russia in the form of additional sanctions which will assure that Europe’s latest deflationary recession is even more acute, an “isolated” Russia is looking to outside, and to the east, and as part of its most recent de-dollarization initiative, the Moscow Exchange announced it has started trading Chinese Renminbi-Russian Ruble currency futures.
The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow’s international standing, and possibly for the long-term.
Yet, it is precisely such conditions that may push the country’s leadership into taking the radical step that will secure its world-player status once and for all: the adoption of a gold-exchange standard. Though a far-fetched idea at first glance, many factors suggest that re monetization in gold may be a logical next step for Moscow.
Max Keiser on the Russian ruble collapse
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Max Keiser on the Russian ruble collapse
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Do you know that the ruble is the best currency? And this is not the opinion of even the Central Bank of Russia, such message has come from overseas. US agency Bloomberg writes that "for the first three months of 2015, the Russian currency on the indicators passed from the category of the worst in the world into the category of the best, denying the forecasts of even most accurate analysts in the predictions."
Bloomberg based on their observations. According to the journalists, the dependence of the ruble from oil receded. Today, the main factor in the weakening and strengthening of the Russian currency is the situation in the south-east of Ukraine. According to some analysts in London, in order to "assess the direction of movement of the ruble, investors should monitor developments in Ukraine. As due to prolonged ceasefire prospects for tighter Western sanctions decrease.
According to Bloomberg, the Russian currency will only grow stronger. Since the main factors affecting its fall have already been eliminated or will soon disappear. Optimistic analysts believe that oil will continue to grow, the sanctions will be removed, and a truce in Ukraine will not be violated. However, those same analysts say that the ruble is unpredictable currency and this is a thankless job to make predictions on it.
Do you know that the ruble is the best currency? And this is not the opinion of even the Central Bank of Russia, such message has come from overseas. US agency Bloomberg writes that "for the first three months of 2015, the Russian currency on the indicators passed from the category of the worst in the world into the category of the best, denying the forecasts of even most accurate analysts in the predictions."
Bloomberg based on their observations. According to the journalists, the dependence of the ruble from oil receded. Today, the main factor in the weakening and strengthening of the Russian currency is the situation in the south-east of Ukraine. According to some analysts in London, in order to "assess the direction of movement of the ruble, investors should monitor developments in Ukraine. As due to prolonged ceasefire prospects for tighter Western sanctions decrease.
According to Bloomberg, the Russian currency will only grow stronger. Since the main factors affecting its fall have already been eliminated or will soon disappear. Optimistic analysts believe that oil will continue to grow, the sanctions will be removed, and a truce in Ukraine will not be violated. However, those same analysts say that the ruble is unpredictable currency and this is a thankless job to make predictions on it.
At its peak today - it was more than 80 and 100 rubles respectively. That's despite the government raising the key interest rate from just over 10 percent to 17. This means that bank loans will hike to over 20 percent. Businesses relying on loans will suffer. People with mortgages have no idea what to do. Russians are canceling travel plans. Prices in supermarkets are rising. Economic expert Ben Aris is In the NOW - he says it's bad, but it's nothing like 1998, so stop the drama.
"In the Now" with RT's Senior Political correspondent Anissa Naouai is the first dedicated nightly Primetime show to air live out of our Moscow headquarters. Host Anissa Naouai has worked in the field for almost a decade and has reported from over 80 cities across the globe. Now from Monday to Thursday viewers can enjoy fresh, honest, and hard-hitting news coverage on some of the world's most pressing issues with one of RT's most experienced journalists . We'll put the spotlight on stories you'll never hear on mainstream networks or even in RT's daily news bulletins. "In the Now" - 10pm Moscow, 7pm London, 2pm New York.
Like us on Facebook:
https://www.facebook.com/inthenowrt
Follow us on Twitter:
https://twitter.com/INTHENOWRT
https://twitter.com/ANOWRT
At its peak today - it was more than 80 and 100 rubles respectively. That's despite the government raising the key interest rate from just over 10 percent to 17. This means that bank loans will hike to over 20 percent. Businesses relying on loans will suffer. People with mortgages have no idea what to do. Russians are canceling travel plans. Prices in supermarkets are rising. Economic expert Ben Aris is In the NOW - he says it's bad, but it's nothing like 1998, so stop the drama.
"In the Now" with RT's Senior Political correspondent Anissa Naouai is the first dedicated nightly Primetime show to air live out of our Moscow headquarters. Host Anissa Naouai has worked in the field for almost a decade and has reported from over 80 cities across the globe. Now from Monday to Thursday viewers can enjoy fresh, honest, and hard-hitting news coverage on some of the world's most pressing issues with one of RT's most experienced journalists . We'll put the spotlight on stories you'll never hear on mainstream networks or even in RT's daily news bulletins. "In the Now" - 10pm Moscow, 7pm London, 2pm New York.
Like us on Facebook:
https://www.facebook.com/inthenowrt
Follow us on Twitter:
https://twitter.com/INTHENOWRT
https://twitter.com/ANOWRT
published:16 Dec 2014
views:6
Russian ruble to be circulated in Chinese border city
A Chinese city bordering Russia greenlights the circulation of ruble.
The People's Bank of China has authorized Suifenhe City on the China-Russia border in northeastern China's Heilongjiang Province as a pilot zone where the ruble can be officially used alongside the yuan.
Suifeihe City is the major hub of Heilongjiang Province's trade with Russia.
It accounted for 80 percent of Heilongjiang's export of goods to Russia and reported a foreign trade of 7.59 billion U.S. dollars in 2014.
Ruble is already widely used in Suifenhe, particularly in shops and hotels targeting Russian customers.
City officials believe that legalizing the use of ruble will promote bilateral economic cooperation and boost tourism.
And the pilot project will not threaten the yuan as the domestic currency.
China and Russia signed a currency swap agreement last year.
Official figures show cross-border yuan-dominated payments between China and Russia reached 1.3 billion U.S. dollars in the first half of this year.
That is a 112-percent year-on-year increase.
A Chinese city bordering Russia greenlights the circulation of ruble.
The People's Bank of China has authorized Suifenhe City on the China-Russia border in northeastern China's Heilongjiang Province as a pilot zone where the ruble can be officially used alongside the yuan.
Suifeihe City is the major hub of Heilongjiang Province's trade with Russia.
It accounted for 80 percent of Heilongjiang's export of goods to Russia and reported a foreign trade of 7.59 billion U.S. dollars in 2014.
Ruble is already widely used in Suifenhe, particularly in shops and hotels targeting Russian customers.
City officials believe that legalizing the use of ruble will promote bilateral economic cooperation and boost tourism.
And the pilot project will not threaten the yuan as the domestic currency.
China and Russia signed a currency swap agreement last year.
Official figures show cross-border yuan-dominated payments between China and Russia reached 1.3 billion U.S. dollars in the first half of this year.
That is a 112-percent year-on-year increase.
published:10 Aug 2015
views:248
Russian Ruble Rises to Highest Level in Five Months
April 16 -- In today's "Bart Chart," Bloomberg's Mark Barton takes a look at the Russian ruble, the Russia local sovereign bond index and the RTS equity benchmark on "Countdown."
April 16 -- In today's "Bart Chart," Bloomberg's Mark Barton takes a look at the Russian ruble, the Russia local sovereign bond index and the RTS equity benchmark on "Countdown."
published:16 Apr 2015
views:24
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
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RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
Saudi Arabia, the most influential member of OPEC, and the United States are working together to destroy the Russian economy and destabilize the country. Russia Struggles to Contain Damage as Oil Prices Slide
Despite the best efforts of the Russian central bank, the ruble is experiencing a dramatic fall. “We are seeing an economic crisis,” “We are seeing a sharp devaluation of the ruble at a time when the central bank doesn’t have the reserves to influence the market, as it did in the past crises.”
“Russia’s economy is terribly dependent on oil: if the oil price falls so low, severe economic recession is inevitable and default becomes a real possibility,” The Cold War 2.0 is going hot, and while it may someday be fought with planes, tanks, guns and bombs, the first front is being fought with oil and shale gas.
The U.S. and European sanctions against Russia will become more severe and crippling in the face of drastically falling oil prices – prices which are falling drastically because of the unprecedented boom of shale gas fracking both domestically in the U.S. and abroad in Ukraine and other locales. The oil & gas giants like Chevron and Exxon Mobil have created revolutionary conditions with now direct consequences on U.S. foreign policy and global war for dominance.
Oil’s decline is proving to be the worst since the collapse of the financial system in 2008 and threatening to have the same global impact of falling prices three decades ago that led to the Mexican debt crisis and the end of the Soviet Union. Financial Class Using Oil Weapon to Tame Russia The economic war waged against Russia by the financial elite and their partners is having a concrete and catastrophic effect.
“In recent developments, it became clear that economic warfare is the main weapon used by the Transnational Elite, (TE- i.e. the network of the elites based mainly in the G7 countries which run the New World Order of neoliberal globalization), to subordinate Russia and integrate every other country still resisting the process, e.g. Iran and Venezuela,” writes Takis Fotopoulos. russia ruble "russian ruble" collapse currency panic bank banking "bank account" usd dollar "u.s. dollar" debt default forex "forex trading" "currency exchange" exchange finance devalue value war savings "savings account" offshore interest "interest rate" u.s. usa america "united states" economy 2014 2015 recession trading russian gold silver oil gas energy chaos prepare survival people humanity news europe reality entertainment trendy "elite nwo agenda" putin military industrial complex illuminati new world order bilderberg 2015 gerald celente trade wars currency wars wwiii ww3 false flag attack isis christmas sanctions jim rogers marc faber alex jones infowars david icke lindsey williams louis farrakhan george soros rockefeller rockefella
It is not happenstance that Ali bin Ibrahim al-Naimi, Saudi Arabia’s Minister of Petroleum & Natural Resources, and the most influential voice within OPEC, decided to set in motion the price free fall now battering the Russian economy. On Saturday, December 13th, Russian media reported that U.S. President Obama evidently can’t wait to sign the congressional authorization for war against Russia (which has already been passed in draft form by 98% of U.S. House members and 100% of U.S. Senate members), and that he is already shipping military supplies into Ukraine for use against Ukraine’s ethnic Russians that the Ukrainian Government is trying to eliminate. asset property bubble end times jsnip4 montegraph rawdogletard
The popular Russian website “Colonel Cassad” reports that the reason why Ukraine’s airports in Zaporozyhe, Kharkov and Dnepropetrovsk mysteriously shut down for other traffic on Saturday was to unload weapons-shipments from the U.S.
terminating the circulation of USD in Russia If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’ currencies.
accounts will be frozen and cash dollars levied by police, customs, tax, border, and migration services confiscated. At the same time, Russia has just given up its bid to build a South Stream pipeline to bypass Ukraine and has been accused of covertly funding anti-fracking protests in Romania, Ukraine and other areas in the hotzone of the Eastern Europe proxy war over natural gas. In November, Michael Snyder wrote about the Russian military and its recent technological developments and how it is preparing for a showdown with the West, including the possibility of nuclear war. Moscow is going on a huge shopping spree for weapons and military equipment.
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RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
Saudi Arabia, the most influential member of OPEC, and the United States are working together to destroy the Russian economy and destabilize the country. Russia Struggles to Contain Damage as Oil Prices Slide
Despite the best efforts of the Russian central bank, the ruble is experiencing a dramatic fall. “We are seeing an economic crisis,” “We are seeing a sharp devaluation of the ruble at a time when the central bank doesn’t have the reserves to influence the market, as it did in the past crises.”
“Russia’s economy is terribly dependent on oil: if the oil price falls so low, severe economic recession is inevitable and default becomes a real possibility,” The Cold War 2.0 is going hot, and while it may someday be fought with planes, tanks, guns and bombs, the first front is being fought with oil and shale gas.
The U.S. and European sanctions against Russia will become more severe and crippling in the face of drastically falling oil prices – prices which are falling drastically because of the unprecedented boom of shale gas fracking both domestically in the U.S. and abroad in Ukraine and other locales. The oil & gas giants like Chevron and Exxon Mobil have created revolutionary conditions with now direct consequences on U.S. foreign policy and global war for dominance.
Oil’s decline is proving to be the worst since the collapse of the financial system in 2008 and threatening to have the same global impact of falling prices three decades ago that led to the Mexican debt crisis and the end of the Soviet Union. Financial Class Using Oil Weapon to Tame Russia The economic war waged against Russia by the financial elite and their partners is having a concrete and catastrophic effect.
“In recent developments, it became clear that economic warfare is the main weapon used by the Transnational Elite, (TE- i.e. the network of the elites based mainly in the G7 countries which run the New World Order of neoliberal globalization), to subordinate Russia and integrate every other country still resisting the process, e.g. Iran and Venezuela,” writes Takis Fotopoulos. russia ruble "russian ruble" collapse currency panic bank banking "bank account" usd dollar "u.s. dollar" debt default forex "forex trading" "currency exchange" exchange finance devalue value war savings "savings account" offshore interest "interest rate" u.s. usa america "united states" economy 2014 2015 recession trading russian gold silver oil gas energy chaos prepare survival people humanity news europe reality entertainment trendy "elite nwo agenda" putin military industrial complex illuminati new world order bilderberg 2015 gerald celente trade wars currency wars wwiii ww3 false flag attack isis christmas sanctions jim rogers marc faber alex jones infowars david icke lindsey williams louis farrakhan george soros rockefeller rockefella
It is not happenstance that Ali bin Ibrahim al-Naimi, Saudi Arabia’s Minister of Petroleum & Natural Resources, and the most influential voice within OPEC, decided to set in motion the price free fall now battering the Russian economy. On Saturday, December 13th, Russian media reported that U.S. President Obama evidently can’t wait to sign the congressional authorization for war against Russia (which has already been passed in draft form by 98% of U.S. House members and 100% of U.S. Senate members), and that he is already shipping military supplies into Ukraine for use against Ukraine’s ethnic Russians that the Ukrainian Government is trying to eliminate. asset property bubble end times jsnip4 montegraph rawdogletard
The popular Russian website “Colonel Cassad” reports that the reason why Ukraine’s airports in Zaporozyhe, Kharkov and Dnepropetrovsk mysteriously shut down for other traffic on Saturday was to unload weapons-shipments from the U.S.
terminating the circulation of USD in Russia If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’ currencies.
accounts will be frozen and cash dollars levied by police, customs, tax, border, and migration services confiscated. At the same time, Russia has just given up its bid to build a South Stream pipeline to bypass Ukraine and has been accused of covertly funding anti-fracking protests in Romania, Ukraine and other areas in the hotzone of the Eastern Europe proxy war over natural gas. In November, Michael Snyder wrote about the Russian military and its recent technological developments and how it is preparing for a showdown with the West, including the possibility of nuclear war. Moscow is going on a huge shopping spree for weapons and military equipment.
published:17 Dec 2014
views:78
Jim Rickards on The US dollar and the Russian ruble
Jim Rickards on The US dollar and the Russian ruble
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Jim Rickards on The US dollar and the Russian ruble
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published:28 Dec 2014
views:303
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
The Russian ruble tracked the downward trajectory of oil for the fourth day in a row on Monday (August 10) as increases in US drilling added to signs producers will keep pumping crude amid a global glut.
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The Russian ruble tracked the downward trajectory of oil for the fourth day in a row on Monday (August 10) as increases in US drilling added to signs producers will keep pumping crude amid a global glut.
Check out our website: http://uatoday.tv
Facebook: https://facebook.com/uatodaytv
Twitter: https://twitter.com/uatodaytv
published:10 Aug 2015
views:173
Max Keiser on Russian Ruble currency woes (17Dec14)
Max Keiser comments on the rapid drop of the Russian Ruble versus currencies like US Dollar and UK Pound. The West thinks they will crush Russia and President Putin, where all it is doing is costing the Western idiot countries far worse..... and don't forget, Russians know how to deal with hardship, the West does not.
Recorded from RT UK HD, 17 December 2014.
Max Keiser comments on the rapid drop of the Russian Ruble versus currencies like US Dollar and UK Pound. The West thinks they will crush Russia and President Putin, where all it is doing is costing the Western idiot countries far worse..... and don't forget, Russians know how to deal with hardship, the West does not.
Recorded from RT UK HD, 17 December 2014.
published:17 Dec 2014
views:176
RUSSIAN RUBLE CRISIS - Ruble No Longer In Ruin. But Will It Last?
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RUSSIAN RUBLE CRISIS - Ruble No Longer In Ruin. But Will It Last?
Russian price inflation rose to 16.9 percent in March, its highest level since 2002, as the country adapts to a sharply weakened ruble and the impact of politically motivated food import bans.
But despite the new high in the year-on-year rate, price growth is slowing, data published by the Rosstat state statistics service on Monday showed. Prices rose 1.2 percent in March, following increases of 2.2 percent in February, 3.9 percent in January and 2.6 percent in December, Rosstat said.
Inflation surged after Moscow imposed bans on imports of food from the United States, the European Union and a number of other countries in August in response to sanctions over Russia's actions in Ukraine. A near 40 percent fall in the value of the ruble against the U.S. dollar since last summer has also raised the cost of imports.
Russia’s ruble may no longer be the worst emerging market currency around, but that hasn’t improved business sentiment among wealthy Russians. They’re still shopping abroad for deals.
“Rich Russians are all worried because they don’t see how the country is going to lift itself from this crisis and don’t know what policies the government will enact to get them there,” says Marlen Kruzhkov, an attorney with Gusrae Kaplan in New York focused on financial transactions.
The sharp decline in the Russian ruble against the dollar caused high-end residential rental prices in Moscow to tank some 16 percent last year, while prime rents in Singapore and China also slipped.
Rent in the Russian capital is measured in U.S. dollars, and weakness in letting prices is directly linked to the ruble's fall, according to property consultancy Knight Frank. The ruble fell 68 percent against the dollar in 2014.
The fall in Moscow rent dragged on Knight Frank's global prime rental index The ruble's sharp decline is exacting a toll on Southeast Asian tourism as Russians think twice about doubling their budgets for their next beach holiday in Vietnam, Thailand or Cambodia.
russia ruble "Russian ruble" money currency forex "forex trading" collapse cash 2015 2016 future savings "savings account" rally oil "oil price" "crude oil" finance RUB USD dollar "u.s. dollar" "currency exchange" traders trade trading trends trending inflation recession depression "bank account" banking bank gold silver bullion asset commodity "gold coin" "silver eagle" "silver coins" "cash for gold" debt loan "credit card" travel china "united states" usa america news "elite nwo agenda" entertainment jim rogers marc faber doom gloom max keiser bitcoin litecoin collapse millionaire bilderberg 2015 end game illuminati truth prepper prepare rawdogletard jsnip4 lindsey williams dvd documentary bankers george soros putin rothschild rothchilds
The rouble fell 43 percent last year against the dollar, hurt by plunging oil prices and Western sanctions imposed over Moscow's role in the Ukraine political crisis. A Russian tourist now needs to fork out as much as 140,000 rubles ($2,479) for a trip to Vietnam, including plane tickets and accommodation, up from 60,000 rubles last year, a state-run Vietnamese newspaper estimated. For those who do make it to Vietnam, they are buying instant noodles instead of eating out, local media reported.
Sberbank analysts said the ruble's recent rise was probably aided by households converting foreign currency into rubles, reversing their $30 billion purchases of other currencies last year.
"At the moment the ruble's [upward] correction looks overzealous as it exceeds the relative correction in oil and the U.S. dollar," they wrote. "At current oil prices we expect USD/RUB to hover comfortably around 56-57." While the west huffs and puffs, and threatens to unleash even more “costs” on Russia in the form of additional sanctions which will assure that Europe’s latest deflationary recession is even more acute, an “isolated” Russia is looking to outside, and to the east, and as part of its most recent de-dollarization initiative, the Moscow Exchange announced it has started trading Chinese Renminbi-Russian Ruble currency futures.
The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow’s international standing, and possibly for the long-term.
Yet, it is precisely such conditions that may push the country’s leadership into taking the radical step that will secure its world-player status once and for all: the adoption of a gold-exchange standard. Though a far-fetched idea at first glance, many factors suggest that re monetization in gold may be a logical next step for Moscow.
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RUSSIAN RUBLE CRISIS - Ruble No Longer In Ruin. But Will It Last?
Russian price inflation rose to 16.9 percent in March, its highest level since 2002, as the country adapts to a sharply weakened ruble and the impact of politically motivated food import bans.
But despite the new high in the year-on-year rate, price growth is slowing, data published by the Rosstat state statistics service on Monday showed. Prices rose 1.2 percent in March, following increases of 2.2 percent in February, 3.9 percent in January and 2.6 percent in December, Rosstat said.
Inflation surged after Moscow imposed bans on imports of food from the United States, the European Union and a number of other countries in August in response to sanctions over Russia's actions in Ukraine. A near 40 percent fall in the value of the ruble against the U.S. dollar since last summer has also raised the cost of imports.
Russia’s ruble may no longer be the worst emerging market currency around, but that hasn’t improved business sentiment among wealthy Russians. They’re still shopping abroad for deals.
“Rich Russians are all worried because they don’t see how the country is going to lift itself from this crisis and don’t know what policies the government will enact to get them there,” says Marlen Kruzhkov, an attorney with Gusrae Kaplan in New York focused on financial transactions.
The sharp decline in the Russian ruble against the dollar caused high-end residential rental prices in Moscow to tank some 16 percent last year, while prime rents in Singapore and China also slipped.
Rent in the Russian capital is measured in U.S. dollars, and weakness in letting prices is directly linked to the ruble's fall, according to property consultancy Knight Frank. The ruble fell 68 percent against the dollar in 2014.
The fall in Moscow rent dragged on Knight Frank's global prime rental index The ruble's sharp decline is exacting a toll on Southeast Asian tourism as Russians think twice about doubling their budgets for their next beach holiday in Vietnam, Thailand or Cambodia.
russia ruble "Russian ruble" money currency forex "forex trading" collapse cash 2015 2016 future savings "savings account" rally oil "oil price" "crude oil" finance RUB USD dollar "u.s. dollar" "currency exchange" traders trade trading trends trending inflation recession depression "bank account" banking bank gold silver bullion asset commodity "gold coin" "silver eagle" "silver coins" "cash for gold" debt loan "credit card" travel china "united states" usa america news "elite nwo agenda" entertainment jim rogers marc faber doom gloom max keiser bitcoin litecoin collapse millionaire bilderberg 2015 end game illuminati truth prepper prepare rawdogletard jsnip4 lindsey williams dvd documentary bankers george soros putin rothschild rothchilds
The rouble fell 43 percent last year against the dollar, hurt by plunging oil prices and Western sanctions imposed over Moscow's role in the Ukraine political crisis. A Russian tourist now needs to fork out as much as 140,000 rubles ($2,479) for a trip to Vietnam, including plane tickets and accommodation, up from 60,000 rubles last year, a state-run Vietnamese newspaper estimated. For those who do make it to Vietnam, they are buying instant noodles instead of eating out, local media reported.
Sberbank analysts said the ruble's recent rise was probably aided by households converting foreign currency into rubles, reversing their $30 billion purchases of other currencies last year.
"At the moment the ruble's [upward] correction looks overzealous as it exceeds the relative correction in oil and the U.S. dollar," they wrote. "At current oil prices we expect USD/RUB to hover comfortably around 56-57." While the west huffs and puffs, and threatens to unleash even more “costs” on Russia in the form of additional sanctions which will assure that Europe’s latest deflationary recession is even more acute, an “isolated” Russia is looking to outside, and to the east, and as part of its most recent de-dollarization initiative, the Moscow Exchange announced it has started trading Chinese Renminbi-Russian Ruble currency futures.
The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow’s international standing, and possibly for the long-term.
Yet, it is precisely such conditions that may push the country’s leadership into taking the radical step that will secure its world-player status once and for all: the adoption of a gold-exchange standard. Though a far-fetched idea at first glance, many factors suggest that re monetization in gold may be a logical next step for Moscow.
published:08 Apr 2015
views:85
Russian Money: Rubles. Banknotes and Coins. "Real Russia" ep.65
Russian money. Russian rubles in banknotes and coins. The last edition of Russian money which is legitimate at the moment in Russia was made in 1997. Russian...
Russian money. Russian rubles in banknotes and coins. The last edition of Russian money which is legitimate at the moment in Russia was made in 1997. Russian...
The dollar and the euro have been growing rapidly against the Russian ruble lately. Some experts see the positive side of the ruble devaluation. According to them, the current situation may trigger the rise of the Russian industry. Yet, the factor of the plummeting ruble is not enough against the backdrop of sanctions.
Dmitry Miroshnichenko, independent economic expert
"In my view, the ruble devaluation creates a certain window of opportunity, but devaluation alone is not enough to launch import substitution in Russia. This requires a lot of factors that, unfortunately, our country doesn't have. Devaluation is like icing on the cake. The situation is that we do not have the cake - the factors that make business in Russia profitable and predictable. This means that if you develop your business, then you will not have unfair competition on the part of regional leaders, whose business you may disturb."
Experts refer to the example of Belarus. This country has also experienced recession and currency devaluation. Many believe that these factors helped the country develop its production. However, Minsk could also count on subsidies from Moscow.
Dmitry Miroshnichenko, independent economic expert
"Russia has been sponsoring the Belarusian economy for many years, if not decades. Roughly speaking, every Russian citizen gives Belarus 100 rubles a year. If someone wishes to start sponsoring Russia, it will be possible to do what Belarus did, although I doubt that there will be countries that may wish to sponsor Russia."
The dollar and the euro have been growing rapidly against the Russian ruble lately. Some experts see the positive side of the ruble devaluation. According to them, the current situation may trigger the rise of the Russian industry. Yet, the factor of the plummeting ruble is not enough against the backdrop of sanctions.
Dmitry Miroshnichenko, independent economic expert
"In my view, the ruble devaluation creates a certain window of opportunity, but devaluation alone is not enough to launch import substitution in Russia. This requires a lot of factors that, unfortunately, our country doesn't have. Devaluation is like icing on the cake. The situation is that we do not have the cake - the factors that make business in Russia profitable and predictable. This means that if you develop your business, then you will not have unfair competition on the part of regional leaders, whose business you may disturb."
Experts refer to the example of Belarus. This country has also experienced recession and currency devaluation. Many believe that these factors helped the country develop its production. However, Minsk could also count on subsidies from Moscow.
Dmitry Miroshnichenko, independent economic expert
"Russia has been sponsoring the Belarusian economy for many years, if not decades. Roughly speaking, every Russian citizen gives Belarus 100 rubles a year. If someone wishes to start sponsoring Russia, it will be possible to do what Belarus did, although I doubt that there will be countries that may wish to sponsor Russia."
published:19 Dec 2014
views:137
Sheikh Imran Hosein 2015 the collapse of the Russian ruble relationship by the saga, Islamic escha
لمزيد من المعلومات ارجو زيارة صفحتي على الفيس بوك : http://adf.ly/wChId
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https://www.youtube.com/watch?v=pXXTZXYnD38
https://www.youtube.com/watch?v=GLUQzpaUyjs
https://www.youtube.com/watch?v=GLUQzpaUyjs
اللهم إغفر لي ولوالدي وللمؤمنين والمؤمنات والمسلمين والمسلمات الأحياء منهم والأموات
اللهم اغفر لي ولوالدي وللمؤمنين والمؤمنات الاحياء منهم والاموات
ربي اغفر لي ولوالدي وللمؤمنين يوم يقوم الحساب
اللهم صلي وسلم علي سيدنا محمد وعلي آله وصحبه وسلم تسليما
لمزيد من المعلومات ارجو زيارة صفحتي على الفيس بوك : http://adf.ly/wChId
https://www.youtube.com/watch?v=kmrzX1vFO4o
https://www.youtube.com/watch?v=a2s2aZChCJk
https://www.youtube.com/watch?v=h3iCK4u1YVA
https://www.youtube.com/watch?v=pXXTZXYnD38
https://www.youtube.com/watch?v=GLUQzpaUyjs
https://www.youtube.com/watch?v=GLUQzpaUyjs
اللهم إغفر لي ولوالدي وللمؤمنين والمؤمنات والمسلمين والمسلمات الأحياء منهم والأموات
اللهم اغفر لي ولوالدي وللمؤمنين والمؤمنات الاحياء منهم والاموات
ربي اغفر لي ولوالدي وللمؤمنين يوم يقوم الحساب
اللهم صلي وسلم علي سيدنا محمد وعلي آله وصحبه وسلم تسليما
Học tiếng Anh hiệu quả, nhanh chóng: http://www.facebook.com/HocTiengAnhVOA, http://www.voatiengviet.com/section/hoc-tieng-anh/2693.html. Nếu không vào được VOA, xin hãy vào http://vn3000.com để vượt tường lửa. Các chương trình học tiếng Anh miễn phí của VOA (VOA Learning English for Vietnamese) có thể giúp bạn cải tiến kỹ năng nghe và phát âm, hiểu rõ cấu trúc ngữ pháp, và sử dụng Anh ngữ một cách chính xác. Xem thêm: http://www.facebook.com/VOATiengViet
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The value of Russia’s money recently dropped by 20 percent in one day. The ruble soon regained some of its value compared to the dollar. However, the decreasing value of Russia’s money has raised fears in Moscow of rising prices. Russia’s central bank has increased interest rates to 17 percent in an effort to support the value of the money. Russian officials are seeking help from some of the country’s biggest companies. In December, Russian Prime Minister Dmitry Medvedev met with the heads of export businesses including the energy companies Roseneft and Gazprom. He urged exporters to sell their foreign currency earnings, rather than save them, in an effort to support Russia’s currency. Not everyone is hurt by the ruble’s decrease. Russian exporters are paid in foreign currency and can make gains when the ruble’s value is low. Importers, however, suffer the most when their currency decreases in value because foreign goods cost them more. Russians looking for goods at stores in Moscow are buying them up because they are expecting price increases.
Financial experts say the ruble’s drop in value not only affects what buyers pay for goods. It also makes it more difficult for Russian companies to pay foreign debts. This has caused concern that some Russian companies might not make their debt payments. Falling oil prices, and Western restrictions over Russia’s actions in Ukraine are some of the reasons that the ruble’s value has dropped.
Học tiếng Anh hiệu quả, nhanh chóng: http://www.facebook.com/HocTiengAnhVOA, http://www.voatiengviet.com/section/hoc-tieng-anh/2693.html. Nếu không vào được VOA, xin hãy vào http://vn3000.com để vượt tường lửa. Các chương trình học tiếng Anh miễn phí của VOA (VOA Learning English for Vietnamese) có thể giúp bạn cải tiến kỹ năng nghe và phát âm, hiểu rõ cấu trúc ngữ pháp, và sử dụng Anh ngữ một cách chính xác. Xem thêm: http://www.facebook.com/VOATiengViet
Luyện nghe nói và học từ vựng tiếng Anh qua video. Xem các bài học kế tiếp: https://www.youtube.com/playlist?list=PLD7C5CB40C5FF0531
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The value of Russia’s money recently dropped by 20 percent in one day. The ruble soon regained some of its value compared to the dollar. However, the decreasing value of Russia’s money has raised fears in Moscow of rising prices. Russia’s central bank has increased interest rates to 17 percent in an effort to support the value of the money. Russian officials are seeking help from some of the country’s biggest companies. In December, Russian Prime Minister Dmitry Medvedev met with the heads of export businesses including the energy companies Roseneft and Gazprom. He urged exporters to sell their foreign currency earnings, rather than save them, in an effort to support Russia’s currency. Not everyone is hurt by the ruble’s decrease. Russian exporters are paid in foreign currency and can make gains when the ruble’s value is low. Importers, however, suffer the most when their currency decreases in value because foreign goods cost them more. Russians looking for goods at stores in Moscow are buying them up because they are expecting price increases.
Financial experts say the ruble’s drop in value not only affects what buyers pay for goods. It also makes it more difficult for Russian companies to pay foreign debts. This has caused concern that some Russian companies might not make their debt payments. Falling oil prices, and Western restrictions over Russia’s actions in Ukraine are some of the reasons that the ruble’s value has dropped.
published:29 Jan 2015
views:94
Gerald Celente on the Currency war, Russian ruble, alternative energy!
http://www.undergroundworldnews.com
So while the US continues to parade with "destroying" the Russian economy, even if it means crushing the shale industry, aka the only bright spot, and high-paying job-creating industry in the US economy over the past 5 years, Russia and China continue to be nudged by the west ever closer monetarily and strategically, until one day, as we have long predicted, China and Russia will announce a joint currency, one backed by both China's "surprising" gold reserves and Russia's commodity hoard. Then things will get interesting.
http://www.zerohedge.com/news/2014-12-26/china-launch-yuan-swap-trading-russian-rubles-monday
http://www.undergroundworldnews.com
So while the US continues to parade with "destroying" the Russian economy, even if it means crushing the shale industry, aka the only bright spot, and high-paying job-creating industry in the US economy over the past 5 years, Russia and China continue to be nudged by the west ever closer monetarily and strategically, until one day, as we have long predicted, China and Russia will announce a joint currency, one backed by both China's "surprising" gold reserves and Russia's commodity hoard. Then things will get interesting.
http://www.zerohedge.com/news/2014-12-26/china-launch-yuan-swap-trading-russian-rubles-monday
SHOTLIST
1. Wide interior of food market
2. Mid of market traders
3. Man hands money to trader
4. Trader hands meat to man
5. Close up of roubles in hand
6. Wide of meat stall
7. SOUNDBITE: (Russian) Anna (no surname given), vox pop:
"I've just bought some meat and the prices have gone up. About 20 per cent at least. I have bought a shoulder of lamb and paid 540 rubles but before I paid 360 rubles."
8. Wide interior of Moscow Interbank Currency Exchange
9. Wide of traders
10. Mid of traders
11. SOUNDBITE: (Russian) Alexei Gerasyuk, MICEX Spokesman:
"It's not very worthwhile making predictions at the present time. Everything depends on the situation in foreign markets, most of all the USA and Europe, as well as the Russian economy. And much also depends on the dollar/euro exchange rate."
12. Currency exchange board showing US dollar/ruble rate
13. Various of street with currency exchange places
14. SOUNDBITE: (Russian) Ivan (no surname given), vox pop:
"The prices are growing, especially rent and utilities, so for us war veterans, who are over 80, I'm 88, its hard but we still hope we'll overcome this."
15. Mid of people on street
16. SOUNDBITE: (Russian) Irina, schoolteacher (no surname given):
"We are still waiting for the government to pay off the money they stole from us, so we can buy currency."
17. Set up shot of Oleg Zamulin, Professor of New School of Economics
18. SOUNDBITE: (English) Oleg Zamulin, Professor of New School of Economics:
"That process (the gradual devaluation of the ruble) has hurt the Russian economy, because the banks which expect further devaluation stop giving out loans to the economy and instead convert all of their money into dollars and expect these dollars to become more valuable in ruble terms, so until this process is over, until the devaluation is finished the banks won't go back to their natural business of giving out loans."
21. Wide of queue at bank
22. Various of people in line
STORYLINE:
Traders and shoppers at Moscow's Dorogomilovo market are feeling the pinch of the financial crisis.
With Russia's rouble falling to a new low against the US dollar and euro, trade at the market was slow in on Friday morning. Both imported goods and local produce are getting expensive.
The ruble dropped 0.4 roubles against the US dollar, to 32.6 - its lowest in the history of MICEX trade. For the first time ever, the ruble fell to 43 against the euro as the Central Bank continued a policy of controlled devaluation.
The ruble has been badly bruised by declining energy prices and growing economic difficulties. It has shed more than 27 percent of its value against the US dollar since its high of 23.4 in early August.
Resentment is growing on the streets of Moscow as the reality of the economic crisis hits the average Russian, some of whom are still bitter about the last crisis in the 90's.
Eager to avoid losing public support, Russia's government has spent tens of (m) millions of US dollars to slow the fall of the ruble, which has ordinary Russians worried after years of economic expansion.
Russia's international reserves dropped 11 percent this year, to 427 (b) billion US dollars, and down 29 (b) billion US dollars in December, the Central Bank said earlier this week.
Analysts say the ruble is hurt by expectations that the price of oil - which fuels the Russian economy - will continue to fall.
Until then, says Oleg Zamulin from the New School of Economics, banks will refrain from giving out loans.
The Central Bank apparently wants to gradually let the ruble fall to a low beneath which it will not drop under
any circumstances, economists said.
Observers expect the string of near-daily devaluations to stop soon, probably within a month but possibly much
earlier.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/15f7f3e862a02c9101356d8cb8c9df47
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
SHOTLIST
1. Wide interior of food market
2. Mid of market traders
3. Man hands money to trader
4. Trader hands meat to man
5. Close up of roubles in hand
6. Wide of meat stall
7. SOUNDBITE: (Russian) Anna (no surname given), vox pop:
"I've just bought some meat and the prices have gone up. About 20 per cent at least. I have bought a shoulder of lamb and paid 540 rubles but before I paid 360 rubles."
8. Wide interior of Moscow Interbank Currency Exchange
9. Wide of traders
10. Mid of traders
11. SOUNDBITE: (Russian) Alexei Gerasyuk, MICEX Spokesman:
"It's not very worthwhile making predictions at the present time. Everything depends on the situation in foreign markets, most of all the USA and Europe, as well as the Russian economy. And much also depends on the dollar/euro exchange rate."
12. Currency exchange board showing US dollar/ruble rate
13. Various of street with currency exchange places
14. SOUNDBITE: (Russian) Ivan (no surname given), vox pop:
"The prices are growing, especially rent and utilities, so for us war veterans, who are over 80, I'm 88, its hard but we still hope we'll overcome this."
15. Mid of people on street
16. SOUNDBITE: (Russian) Irina, schoolteacher (no surname given):
"We are still waiting for the government to pay off the money they stole from us, so we can buy currency."
17. Set up shot of Oleg Zamulin, Professor of New School of Economics
18. SOUNDBITE: (English) Oleg Zamulin, Professor of New School of Economics:
"That process (the gradual devaluation of the ruble) has hurt the Russian economy, because the banks which expect further devaluation stop giving out loans to the economy and instead convert all of their money into dollars and expect these dollars to become more valuable in ruble terms, so until this process is over, until the devaluation is finished the banks won't go back to their natural business of giving out loans."
21. Wide of queue at bank
22. Various of people in line
STORYLINE:
Traders and shoppers at Moscow's Dorogomilovo market are feeling the pinch of the financial crisis.
With Russia's rouble falling to a new low against the US dollar and euro, trade at the market was slow in on Friday morning. Both imported goods and local produce are getting expensive.
The ruble dropped 0.4 roubles against the US dollar, to 32.6 - its lowest in the history of MICEX trade. For the first time ever, the ruble fell to 43 against the euro as the Central Bank continued a policy of controlled devaluation.
The ruble has been badly bruised by declining energy prices and growing economic difficulties. It has shed more than 27 percent of its value against the US dollar since its high of 23.4 in early August.
Resentment is growing on the streets of Moscow as the reality of the economic crisis hits the average Russian, some of whom are still bitter about the last crisis in the 90's.
Eager to avoid losing public support, Russia's government has spent tens of (m) millions of US dollars to slow the fall of the ruble, which has ordinary Russians worried after years of economic expansion.
Russia's international reserves dropped 11 percent this year, to 427 (b) billion US dollars, and down 29 (b) billion US dollars in December, the Central Bank said earlier this week.
Analysts say the ruble is hurt by expectations that the price of oil - which fuels the Russian economy - will continue to fall.
Until then, says Oleg Zamulin from the New School of Economics, banks will refrain from giving out loans.
The Central Bank apparently wants to gradually let the ruble fall to a low beneath which it will not drop under
any circumstances, economists said.
Observers expect the string of near-daily devaluations to stop soon, probably within a month but possibly much
earlier.
You can license this story through AP Archive: http://www.aparchive.com/metadata/youtube/15f7f3e862a02c9101356d8cb8c9df47
Find out more about AP Archive: http://www.aparchive.com/HowWeWork
Russian ruble drops past 60 per dollar again..
See article here : http://goo.gl/SQyaxm
Mos...
published:29 Jul 2015
Russian ruble drops past 60 per dollar again
Russian ruble drops past 60 per dollar again
published:29 Jul 2015
views:193
Russian ruble drops past 60 per dollar again..
See article here : http://goo.gl/SQyaxm
Moscow (AFP) - The Russian ruble on Tuesday plummeted past 60 against the dollar for the first time since March on falling oil prices, complicating the central bank's efforts to jump-start the battered economy.
The rubble reached 60.30 per dollar in early afternoon trading in Moscow after having lost two percent of its value on Monday.
2:29
Russian Miracle: Ruble becomes world's best performing currency in 2015
The Russian ruble continues its scorching ascent, improving 3% against the dollar and near...
published:11 Apr 2015
Russian Miracle: Ruble becomes world's best performing currency in 2015
Russian Miracle: Ruble becomes world's best performing currency in 2015
published:11 Apr 2015
views:301
The Russian ruble continues its scorching ascent, improving 3% against the dollar and nearly 4% versus the euro, the best performance in over four months - READ MORE http://on.rt.com/j13qzk
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7:15
Russian ruble collapse, higher interest rates not helping
The Russian ruble continues to plummet, despite the central bank's latest move to defend t...
published:16 Dec 2014
Russian ruble collapse, higher interest rates not helping
Russian ruble collapse, higher interest rates not helping
published:16 Dec 2014
views:34097
The Russian ruble continues to plummet, despite the central bank's latest move to defend the currency. Overnight, interest rates here hiked to 17%. At first that brought some relief - but then the ruble quickly lost those early gains. READ MORE: http://on.rt.com/9up9sv
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4:30
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
The Russian ruble has lost more than 20 percent against the US dollar since the beginning ...
published:07 Oct 2014
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
6 USEFUL things YOU Need to KNOW about Rapid Descent Of Russian RUBLE
published:07 Oct 2014
views:2
The Russian ruble has lost more than 20 percent against the US dollar since the beginning of the year, but what does that really mean, for Russia, its people, and economy? RT talks to Ben Aris, Editor-in-Chief of Business New Europe, to find out.
READ MORE: Putin says no capital controls in Russia, as currency hits record lows http://on.rt.com/2me9zr
1. Russia has decided on no capital controls. What’s your take on it?
“Russia, out of all the emerging markets, is the only one that has a total open current account you can transfer money in and out without any restriction from day to day. And this is very important for investors; because if they make money they have to be sure that they take it home.”
2. The last time Russia introduced capital controls was in the aftermath of the 1998 ruble crisis. Is this a repeat scenario?
“If they were to introduce capital controls, it’s usually a measure of last resort when your hard currencies reserves are running out to nothing and you’re desperate for every dollar to pay for imports. Russia is far away from that position and has $450 billion - the third largest reserves in currency in the world - so there is no need for capital controls.”
3. At what stage would Russia need to enforce capital controls?
“A full-blown financial meltdown is the point you start reaching those kinds of mechanisms in order to keep the whole show going. You can point to Ukraine as an example, Ukraine is in a financial crisis and the economy is expected to contract by at least 8 percent his year and they introduced capital controls about 6 months ago."
"Russia has a huge cushion of cash, and doesn’t need to do that.”
4. Would moving towards a free floating currency help Russia?
“It does. Because it also acts as a cushion. If there are shocks or economic pain then the ruble will devalue as it has been- it’s lost 20 percent of its value this year.”
5. Who benefits from a weak ruble?
“What it does is it makes Russian products cheaper, makes it easier to export, you can add more revenue- the oil companies in particular benefit do extremely well because their costs are in rubles, but revenue in dollars.”
6. How does Russia balance high inflation and slow economic growth?
“Inflation is being driven by non-monetary factors. That is to say, usual things you do to bring inflation down is to attach to monetary policy, how many rubles you print, and none of these things are actually pushing inflation up, it’s things like food prices, which are outside of the central bank. So she [Central Bank Chief Nabiullina, Ed] has a very job of trying to manage inflation- because she doesn’t actually have any tools to deal with it.
So this is a wider problem of structural reform, lifting the sanctions and ending sanctions on European food, investing into agricultural. But these things will really only start to kick in and make a difference a couple year down the road. In the meantime, they will have to muddle through the best they can.”
READ MORE: http://on.rt.com/mf4t30
۞============۩============۞
6 perkara ANDA perlu TAHU yang BERGUNA Mengenai Rapid Descent Ruble RUSIA
Ruble Rusia telah kehilangan lebih 20 % peratus berbanding dolar Amerika Syarikat sejak awal tahun ini, tapi apa yang benar-benar bermakna, untuk Rusia, rakyatnya, dan ekonomi?
RT bercakap kepada Ben Aris, Editor-in-Chief Perniagaan Baru Eropah, untuk mengetahui.
1. Rusia telah memutuskan tiada kawalan modal. Apa yang anda mengambil di atasnya?
"Rusia, daripada semua pasaran baru muncul, adalah satu-satunya yang mempunyai jumlah akaun semasa yang terbuka, anda boleh memindahkan wang masuk dan keluar tanpa sebarang sekatan dari hari ke hari. Dan ini adalah sangat penting bagi para pelabur; kerana jika mereka membuat wang mereka perlu memastikan bahawa mereka mengambil pulang ke rumah."
2. Kali terakhir Rusia memperkenalkan kawalan modal adalah dalam selepas krisis 1998 rouble. Adakah ini senario berulang?
"Jika mereka memperkenalkan kawalan modal, ia biasanya langkah terakhir apabila mata wang rizab keras anda kehabisan untuk apa-apa dan anda terdesak bagi setiap dolar untuk membayar import. Rusia adalah jauh dari kedudukan itu dan mempunyai $450 billion - rizab yang ke-3 terbesar dalam mata wang di DUNIA - jadi tidak ada keperluan untuk kawalan modal".
3. Pada peringkat mana akan Rusia perlu menguatkuasakan kawalan modal?
"Krisis kewangan besar-besaran adalah tempat yang anda mula mencapai orang-orang jenis mekanisme untuk memastikan keseluruhan persembahan berterusan. Anda boleh menunjukkan kepada Ukraine sebagai contoh, Ukraine adalah dalam krisis kewangan dan ekonomi dijangka menguncup tahun sebanyak sekurang-kurangnya 8 % peratus dan mereka memperkenalkan modal menguasai kira-kira 6 bulan yang lalu."
"Rusia mempunyai kusyen besar wang tunai, dan tidak perlu untuk berbuat demikian".
LANJUT . . .
treasureISLAND http://islandtreasureborneo.blogspot.com/
2:29
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
SUBSCRIBE to ELITE NWO AGENDA for Latest on CURRENCY WARS / DOLLAR COLLAPSE / GLOBAL RESET...
published:12 Apr 2015
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
published:12 Apr 2015
views:120
SUBSCRIBE to ELITE NWO AGENDA for Latest on CURRENCY WARS / DOLLAR COLLAPSE / GLOBAL RESET / GOLD / SILVER http://www.youtube.com/EliteNWOAgenda
RUSSIAN RUBLE CRISIS - Ruble Goes From Worst Performing Currency to The Best
Russian price inflation rose to 16.9 percent in March, its highest level since 2002, as the country adapts to a sharply weakened ruble and the impact of politically motivated food import bans.
But despite the new high in the year-on-year rate, price growth is slowing, data published by the Rosstat state statistics service on Monday showed. Prices rose 1.2 percent in March, following increases of 2.2 percent in February, 3.9 percent in January and 2.6 percent in December, Rosstat said.
Inflation surged after Moscow imposed bans on imports of food from the United States, the European Union and a number of other countries in August in response to sanctions over Russia's actions in Ukraine. A near 40 percent fall in the value of the ruble against the U.S. dollar since last summer has also raised the cost of imports.
Russia’s ruble may no longer be the worst emerging market currency around, but that hasn’t improved business sentiment among wealthy Russians. They’re still shopping abroad for deals.
“Rich Russians are all worried because they don’t see how the country is going to lift itself from this crisis and don’t know what policies the government will enact to get them there,” says Marlen Kruzhkov, an attorney with Gusrae Kaplan in New York focused on financial transactions.
The sharp decline in the Russian ruble against the dollar caused high-end residential rental prices in Moscow to tank some 16 percent last year, while prime rents in Singapore and China also slipped.
Rent in the Russian capital is measured in U.S. dollars, and weakness in letting prices is directly linked to the ruble's fall, according to property consultancy Knight Frank. The ruble fell 68 percent against the dollar in 2014.
The fall in Moscow rent dragged on Knight Frank's global prime rental index The ruble's sharp decline is exacting a toll on Southeast Asian tourism as Russians think twice about doubling their budgets for their next beach holiday in Vietnam, Thailand or Cambodia.
russia ruble "Russian ruble" money currency forex "forex trading" collapse cash 2015 2016 future savings "savings account" rally oil "oil price" "crude oil" finance RUB USD dollar "u.s. dollar" "currency exchange" traders trade trading trends trending inflation recession depression "bank account" banking bank gold silver bullion asset commodity "gold coin" "silver eagle" "silver coins" "cash for gold" debt loan "credit card" travel china "united states" usa america news "elite nwo agenda" entertainment jim rogers marc faber doom gloom max keiser bitcoin litecoin collapse millionaire bilderberg 2015 end game illuminati truth prepper prepare rawdogletard jsnip4 lindsey williams dvd documentary bankers george soros putin rothschild rothchilds
The rouble fell 43 percent last year against the dollar, hurt by plunging oil prices and Western sanctions imposed over Moscow's role in the Ukraine political crisis. A Russian tourist now needs to fork out as much as 140,000 rubles ($2,479) for a trip to Vietnam, including plane tickets and accommodation, up from 60,000 rubles last year, a state-run Vietnamese newspaper estimated. For those who do make it to Vietnam, they are buying instant noodles instead of eating out, local media reported.
Sberbank analysts said the ruble's recent rise was probably aided by households converting foreign currency into rubles, reversing their $30 billion purchases of other currencies last year.
"At the moment the ruble's [upward] correction looks overzealous as it exceeds the relative correction in oil and the U.S. dollar," they wrote. "At current oil prices we expect USD/RUB to hover comfortably around 56-57." While the west huffs and puffs, and threatens to unleash even more “costs” on Russia in the form of additional sanctions which will assure that Europe’s latest deflationary recession is even more acute, an “isolated” Russia is looking to outside, and to the east, and as part of its most recent de-dollarization initiative, the Moscow Exchange announced it has started trading Chinese Renminbi-Russian Ruble currency futures.
The “perfect-storm” of geopolitical instability, diplomatic isolation, severe currency depreciation, and economic decline now confronting Russia has profoundly damaged Moscow’s international standing, and possibly for the long-term.
Yet, it is precisely such conditions that may push the country’s leadership into taking the radical step that will secure its world-player status once and for all: the adoption of a gold-exchange standard. Though a far-fetched idea at first glance, many factors suggest that re monetization in gold may be a logical next step for Moscow.
12:50
Max Keiser on the Russian ruble collapse
Max Keiser on the Russian ruble collapse
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published:21 Dec 2014
Max Keiser on the Russian ruble collapse
Max Keiser on the Russian ruble collapse
published:21 Dec 2014
views:595
Max Keiser on the Russian ruble collapse
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1:31
The best currency is Russian Ruble
Do you know that the ruble is the best currency? And this is not the opinion of even the C...
published:07 Apr 2015
The best currency is Russian Ruble
The best currency is Russian Ruble
published:07 Apr 2015
views:74
Do you know that the ruble is the best currency? And this is not the opinion of even the Central Bank of Russia, such message has come from overseas. US agency Bloomberg writes that "for the first three months of 2015, the Russian currency on the indicators passed from the category of the worst in the world into the category of the best, denying the forecasts of even most accurate analysts in the predictions."
Bloomberg based on their observations. According to the journalists, the dependence of the ruble from oil receded. Today, the main factor in the weakening and strengthening of the Russian currency is the situation in the south-east of Ukraine. According to some analysts in London, in order to "assess the direction of movement of the ruble, investors should monitor developments in Ukraine. As due to prolonged ceasefire prospects for tighter Western sanctions decrease.
According to Bloomberg, the Russian currency will only grow stronger. Since the main factors affecting its fall have already been eliminated or will soon disappear. Optimistic analysts believe that oil will continue to grow, the sanctions will be removed, and a truce in Ukraine will not be violated. However, those same analysts say that the ruble is unpredictable currency and this is a thankless job to make predictions on it.
2:34
Ruble tanks, Russian mortgages skyrocket
Russians seek government help as the value of the ruble plummets. Erin McLaughlin has more...
published:02 Jan 2015
Ruble tanks, Russian mortgages skyrocket
Ruble tanks, Russian mortgages skyrocket
published:02 Jan 2015
views:727
Russians seek government help as the value of the ruble plummets. Erin McLaughlin has more.
6:07
Bumpy ride for Russian Ruble
At its peak today - it was more than 80 and 100 rubles respectively. That's despite the go...
published:16 Dec 2014
Bumpy ride for Russian Ruble
Bumpy ride for Russian Ruble
published:16 Dec 2014
views:6
At its peak today - it was more than 80 and 100 rubles respectively. That's despite the government raising the key interest rate from just over 10 percent to 17. This means that bank loans will hike to over 20 percent. Businesses relying on loans will suffer. People with mortgages have no idea what to do. Russians are canceling travel plans. Prices in supermarkets are rising. Economic expert Ben Aris is In the NOW - he says it's bad, but it's nothing like 1998, so stop the drama.
"In the Now" with RT's Senior Political correspondent Anissa Naouai is the first dedicated nightly Primetime show to air live out of our Moscow headquarters. Host Anissa Naouai has worked in the field for almost a decade and has reported from over 80 cities across the globe. Now from Monday to Thursday viewers can enjoy fresh, honest, and hard-hitting news coverage on some of the world's most pressing issues with one of RT's most experienced journalists . We'll put the spotlight on stories you'll never hear on mainstream networks or even in RT's daily news bulletins. "In the Now" - 10pm Moscow, 7pm London, 2pm New York.
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1:06
Russian ruble to be circulated in Chinese border city
A Chinese city bordering Russia greenlights the circulation of ruble.
The People's Bank o...
published:10 Aug 2015
Russian ruble to be circulated in Chinese border city
Russian ruble to be circulated in Chinese border city
published:10 Aug 2015
views:248
A Chinese city bordering Russia greenlights the circulation of ruble.
The People's Bank of China has authorized Suifenhe City on the China-Russia border in northeastern China's Heilongjiang Province as a pilot zone where the ruble can be officially used alongside the yuan.
Suifeihe City is the major hub of Heilongjiang Province's trade with Russia.
It accounted for 80 percent of Heilongjiang's export of goods to Russia and reported a foreign trade of 7.59 billion U.S. dollars in 2014.
Ruble is already widely used in Suifenhe, particularly in shops and hotels targeting Russian customers.
City officials believe that legalizing the use of ruble will promote bilateral economic cooperation and boost tourism.
And the pilot project will not threaten the yuan as the domestic currency.
China and Russia signed a currency swap agreement last year.
Official figures show cross-border yuan-dominated payments between China and Russia reached 1.3 billion U.S. dollars in the first half of this year.
That is a 112-percent year-on-year increase.
3:04
Russian Ruble Rises to Highest Level in Five Months
April 16 -- In today's "Bart Chart," Bloomberg's Mark Barton takes a look at the Russian r...
published:16 Apr 2015
Russian Ruble Rises to Highest Level in Five Months
Russian Ruble Rises to Highest Level in Five Months
published:16 Apr 2015
views:24
April 16 -- In today's "Bart Chart," Bloomberg's Mark Barton takes a look at the Russian ruble, the Russia local sovereign bond index and the RTS equity benchmark on "Countdown."
5:22
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
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published:17 Dec 2014
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
published:17 Dec 2014
views:78
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RUSSIAN RUBLE COLLAPSE - Financial Elite are Trying to Destroy Russia
Saudi Arabia, the most influential member of OPEC, and the United States are working together to destroy the Russian economy and destabilize the country. Russia Struggles to Contain Damage as Oil Prices Slide
Despite the best efforts of the Russian central bank, the ruble is experiencing a dramatic fall. “We are seeing an economic crisis,” “We are seeing a sharp devaluation of the ruble at a time when the central bank doesn’t have the reserves to influence the market, as it did in the past crises.”
“Russia’s economy is terribly dependent on oil: if the oil price falls so low, severe economic recession is inevitable and default becomes a real possibility,” The Cold War 2.0 is going hot, and while it may someday be fought with planes, tanks, guns and bombs, the first front is being fought with oil and shale gas.
The U.S. and European sanctions against Russia will become more severe and crippling in the face of drastically falling oil prices – prices which are falling drastically because of the unprecedented boom of shale gas fracking both domestically in the U.S. and abroad in Ukraine and other locales. The oil & gas giants like Chevron and Exxon Mobil have created revolutionary conditions with now direct consequences on U.S. foreign policy and global war for dominance.
Oil’s decline is proving to be the worst since the collapse of the financial system in 2008 and threatening to have the same global impact of falling prices three decades ago that led to the Mexican debt crisis and the end of the Soviet Union. Financial Class Using Oil Weapon to Tame Russia The economic war waged against Russia by the financial elite and their partners is having a concrete and catastrophic effect.
“In recent developments, it became clear that economic warfare is the main weapon used by the Transnational Elite, (TE- i.e. the network of the elites based mainly in the G7 countries which run the New World Order of neoliberal globalization), to subordinate Russia and integrate every other country still resisting the process, e.g. Iran and Venezuela,” writes Takis Fotopoulos. russia ruble "russian ruble" collapse currency panic bank banking "bank account" usd dollar "u.s. dollar" debt default forex "forex trading" "currency exchange" exchange finance devalue value war savings "savings account" offshore interest "interest rate" u.s. usa america "united states" economy 2014 2015 recession trading russian gold silver oil gas energy chaos prepare survival people humanity news europe reality entertainment trendy "elite nwo agenda" putin military industrial complex illuminati new world order bilderberg 2015 gerald celente trade wars currency wars wwiii ww3 false flag attack isis christmas sanctions jim rogers marc faber alex jones infowars david icke lindsey williams louis farrakhan george soros rockefeller rockefella
It is not happenstance that Ali bin Ibrahim al-Naimi, Saudi Arabia’s Minister of Petroleum & Natural Resources, and the most influential voice within OPEC, decided to set in motion the price free fall now battering the Russian economy. On Saturday, December 13th, Russian media reported that U.S. President Obama evidently can’t wait to sign the congressional authorization for war against Russia (which has already been passed in draft form by 98% of U.S. House members and 100% of U.S. Senate members), and that he is already shipping military supplies into Ukraine for use against Ukraine’s ethnic Russians that the Ukrainian Government is trying to eliminate. asset property bubble end times jsnip4 montegraph rawdogletard
The popular Russian website “Colonel Cassad” reports that the reason why Ukraine’s airports in Zaporozyhe, Kharkov and Dnepropetrovsk mysteriously shut down for other traffic on Saturday was to unload weapons-shipments from the U.S.
terminating the circulation of USD in Russia If the bill is approved, Russian citizens will have to close their dollar accounts in Russian banks within a year and exchange their dollars in cash to Russian ruble or other countries’ currencies.
accounts will be frozen and cash dollars levied by police, customs, tax, border, and migration services confiscated. At the same time, Russia has just given up its bid to build a South Stream pipeline to bypass Ukraine and has been accused of covertly funding anti-fracking protests in Romania, Ukraine and other areas in the hotzone of the Eastern Europe proxy war over natural gas. In November, Michael Snyder wrote about the Russian military and its recent technological developments and how it is preparing for a showdown with the West, including the possibility of nuclear war. Moscow is going on a huge shopping spree for weapons and military equipment.
6:04
Jim Rickards on The US dollar and the Russian ruble
Jim Rickards on The US dollar and the Russian ruble
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published:28 Dec 2014
Jim Rickards on The US dollar and the Russian ruble
Jim Rickards on The US dollar and the Russian ruble
published:28 Dec 2014
views:303
Jim Rickards on The US dollar and the Russian ruble
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2:02
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
The Russian ruble tracked the downward trajectory of oil for the fourth day in a row on Mo...
published:10 Aug 2015
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
Ruble Dragged Down By Oil: Russian currency nears new 5-month low on sliding oil prices
published:10 Aug 2015
views:173
The Russian ruble tracked the downward trajectory of oil for the fourth day in a row on Monday (August 10) as increases in US drilling added to signs producers will keep pumping crude amid a global glut.
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He predicted that latest sharp drop in the value of Russianruble would lead to the "roller coaster" of car sales. The exchange rate of rubble to the US dollar is falling beyond 65 and the rate of ruble to euro falls beyond 75, while the Russian currency ......
Here's the graph. ... Russia. The Russianruble has depreciated by 16% against the dollar this year, so the rally is much less impressive in US currency terms — but it's still thrashing most of its emerging market rivals, which have also generally seen their currencies slump against the dollar ...Please enable Javascript to watch this video. ....
The plunge in the Russianruble has made travelling abroad hugely more expensive ...Amid a drop in the price for oil, the lifeblood of the Russian economy, the ruble has fallen by about 50 percent this year against the dollar ... The plunge in the Russianruble has made travelling abroad hugely more expensive....
The international reserves of the RussianFederation are highly liquid external assets that are readily available to the Bank of Russia and the Government of the Russian Federation ... Values are converted to US dollars using official exchange rates of foreign currencies in terms of the Russianruble and gold reference prices set by the Bank of Russia and effective on the reporting date ... of the Russian Federation....
Commenting on the potential headaches stemming from the dramatic fluctuations in the value of the Russianruble, an executive from one of China's big-four state banks told Sputnik that as far as Chinese investors are concerned, so long as it continues to allow them to earn, the ruble will remain "a good currency."... ....
... are deeply affected by the ongoing border conflict between the two countries, combined with deteriorating energy commodity prices and a major weakening of the UkrainianHryvna (-29%), as well as the RussianRuble, vis a vis the reporting currency, CHF, negatively affected EEII's portfolio performance during the reporting period....
The international reserves of the RussianFederation are highly liquid external assets that are readily available to the Bank of Russia and the Government of the Russian Federation ... Values are converted to US dollars using official exchange rates of foreign currencies in terms of the Russianruble and gold reference prices set by the Bank of Russia and effective on the reporting date ... of the Russian Federation....
These include a withdrawal of Russian forces and recovery by Ukraine of control over the joint border ... In Luhansk, a Ukrainian city close to the Russian border which is firmly in the hands of separatists, shops are now selling their goods in Russianrubles rather than Ukrainian hryvnias, according to local people there....
All amounts are presented in millions of the RussianRubles... The overall increase in sales of gas to Europe and other countries was driven by the increase in average RussianRuble price (including excise tax and customs duties) by 21 % compared to the same period of the prior year ... in average RussianRuble price (including customs duties) by 17 %....