Summary
Russia’s stock market lost $23.7 billion in two days after Trump’s new global tariffs and a steep oil price drop, marking its worst week since 2022.
The MOEX Russia Index fell 8.05%, with major firms like Sberbank, Gazprom, and Rosneft plunging. Brent crude dropped 12%, and copper fell 11%, stoking global recession fears.
Russia, heavily reliant on commodity exports, faces budget strain and potential ruble devaluation.
Peace talks over Ukraine remain stalled as the U.S. signals impatience, and NATO sees no shift in Russia’s war objectives.
Wow trump has done more to hurt the Russian war effort in two days with tariffs than Biden did in 3 years. That’s something, I guess…so we got that goin for us.
He fucked the global economy. Of course it’s going to hurt Russia. It’s like setting yourself on fire because you have cancer - sure, the cancer will suffer *too. *
It was a joke bcz he’s done basically nothing good in the last three months.
After re-reading your comment, I see that too. Sorry.
That is basically how we treat cancer.
… Chemotherapy targets rapidly dividing cells (e.g. cancer, hair, blood). Most cells in your body don’t undergo mitosis often enough to be affected by chemo.
Besides, we have a host of other treatments for cancer:
radiation therapy
targeted therapy
immunotherapy
hormonal therapy
angiogenisis inhibitors
synthetic lethality
…to name a few categories.
So, no this is not even “basically” how we treat cancer.
I thought that there were no tarrifa added to Russia in the recent wave?
There weren’t. This is just a nice side effect.
tariffs were the key to destroy russia after all.