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Frantic Putin scrambles for control as ruble plummets while Russia bank turns on him | World | News

Putin s promises of expanded trade links and reliability in working in Russia are being overshadowed by the concerns of high inflation, foreign sanctions, asset seizures, and the windfall profit tax.

Putin scrambling to rebuild Russian economy as it is crashed by dire Ruble

The ruble s decline reached an all-time low last week, marking a 16-month low against the dollar.

Wagner mutiny forces Putin s hand on inflation as Ruble plummets

Transcripts for CNN New Day With John Berman and Brianna Keilar 20220228 12:08:00

glib, has his finger on the button. that is why the united states is appropriately concerned by this. jim sciutto, thank you very much for your reporting. reporter: thanks. now to nic robertson. i wonder how putin is reacting to the sanctions. interest rates up, ruble down, even as the nuclear threat appears to be up. reporter: sure. the country is getting hammered at the moment. putin, through a spokesman, said he is indifferent. that s a quote to the personal sanctions put on imhad. the kremlin keeps insisting all of putin s moderate personal weight is public. so they keep pushing back on this notion that he s incredibly wealthy. of course much of the world sees it in another light. when it comes to the overall economy, putin is meeting today with his minister of finance,

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