through polls, they still have their own currency but as of now are ruble is worthless. the ruble crash today. literally down to zero. a rule now is worth less than a penny. their national credit rating is downgraded officially to john. russia has one industry oil and gas, but their oil and gas technology is terrible. in part because the companies are terribly run by putin cronies who run them like organized crime families. that basically run them like gangsters. russia s oil and gas industry is the one industry they ve got, but they need western oil companies in order to competitively operate their one industry. in order to actually function in the modern sense. we ll say goodbye that as of today divvy bp the, singalongs foreign stakeholder in the russian economy pulled out. and they pulled out of their giant multi billion dollar state in ras nafta. in short order, shell pulled out from the joint operation with them as well. exxon is apparently still there.
someone should perhaps check on that. yeah but bp and shell pulling out. the russian oil gas industry we. rather than see what was gonna happen in the russian market today, russia actually disclose them all to gather. literally they did not allow their stock market to open. because they knew what it was gonna look like. and again, it s sort of good news, nightmare news, heartening is, worrying news. it is heartening for ukraine, it must be to see the whole western world act in a unified way to stomp on russia economically so fast. i mean even switzerland, famously new thrift with with their land got in the sanctions say, they never do that. you can imagine all the gala guards and who may have been worried about sanctions anywhere else in the world. they were surely comfortable the knowledge that whatever they had to get out of it. this was back half ounce would be safe. sorry, the swiss bank account as of today are frozen with no