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Russia says air strikes in Syria have killed 200 terrorists.



Bloomberg

Putin’s response to the US sanctions is more of an economic split.

(Bloomberg) – Russian President Vladimir Putin is likely to respond to the latest round of U.S. sanctions threats, as he faces past incidents by accelerating a drive to power Russia’s economy. There has been more sufficiency in the seven years since Russia’s annexation of Crimea. Putin’s government and central bank eased the country’s exposure to the dollar, moved assets out of the US, and sold a small portion of the debt to foreigners. “Americans are saying: Be careful, or we can do more. But Russia is just It will continue on the path to an automated economy, ”said Elina Ribakova, deputy chief economist at the International Financial Institutions in Washington, the US President Joe Biden̵

7;s administration is hooking up the threat of Russian sanctions despite the sanctions being passed. Already gone Scheduled last week On Sunday, the United States warned of “consequences” if imprisoned opposition activist Alexei Nawalni was killed in prison. These four charts show Putin’s response to the round of sanctions. How it came through, by increasing Russia’s economic split, the share of gold in Russia’s international reserves increased by $ 581 billion. Above the dollar for the first time was a record last year after a multi-year drive to reduce U.S. asset exposure. Precious metals accounted for 24% of central bank treasury as of the end of September 2020, the latest date it was broken down. The share of dollar assets was 22%, down from more than 40% in 2018.The trend is also reflected in Russia’s share of U.S.-held international reserves, which fell to just 7% by the end of September. This is down from about 30% before the annexation of Crimea. Most of the changes took place in the second quarter of 2018 after sanctions, aluminum giant United Co. Rusal revealed how vulnerable Russia was in sanctions, our economists said … resilience. Russia’s continued sanctions have created a false sense of security. With the US running out of options, the next round of competition can become more disruptive and existing measures are hampering trade and investment – Scott Johnson, Bloomberg Economics.Of course, there’s only one thing Russia can do without cutting itself off. go From the world economy entirely But officials in Washington are also restrained by the fact that if they take too much (As with Russia’s later sanctions being lifted), they risk sending tremors through the global market. Russian trade has slowed the dollar spending on exports with the EU, China and India. The euro almost surpassed the dollar in Russia’s trade with the European Union and has already outpaced exports to China. Meanwhile, about two-thirds of Russia’s exports to India are paid in rubles, the viral panic market suggests Dollar’s Still King: QuickTake’s penalties last week included. There is a ban on buying bonds in the major markets, so the next big target might be. Secondary market debt and access to the Russian bank’s financial messaging system used for most international money transfers. Russia is looking at an alternative to the system, known as SWIFT, to make itself less vulnerable, although efforts have not led to much, one reason the Treasury is not overly concerned about debt sanctions. The latest government sector is In Russia, most of them are already sold to local banks at weekly auctions. Borrowing rose during the outbreak, despite weak foreign demand, which increased the overall size of the market and pushed its foreign share down.Banks in the United States were still able to buy new debt in the secondary market after. The penalties came into effect in mid-June. Russia was “in a good position” for the near-term market disruption due to a high cash buffer and demand from local banks was “strong,” Fitch Ratings said in a statement. Research published late Friday.For more articles like this, visit us at bloomberg.com. Subscribe now to stay one step ahead with the most trusted business news source. © 2021 Bloomberg LP.


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