Russia's Central Bank says it will stop buying foreign currency until the end of September. The move is intended to stabilize the ruble after it fell to its lowest level against the dollar in over two years.
The US technology giant has shut down more than 360 pages and accounts, with some tied to an infamous troll farm. Under immense pressure, Facebook has started to target online influence operations and hate speech.
The Russian government has said it will further decrease its investment in the US economy as new sanctions loom. It added that for the time being, no US company active in Russia would be shut down.
Tumbling emerging market currencies, including the Russian ruble, have caused Moscow to publicly wish for the "demise" of the greenback from global finance. Lars Halter examines how realistic such a wish actually is.
Emerging market economies and their currencies have come under severe stress in recent weeks, as rising US interest rates and trade fears prompt investors worldwide to shun their assets and move money to the US.
© 2019 Deutsche Welle |
Legal notice |
| Mobile version