it is facing collapse of 30 a0% when the market opens tomorrow. prices are going to be higher, question marks overjob security. all these things have changed little in the last couple of days. and how this relates to the social and political stability russia has always enjoyed, that is becoming quite an urgent question. in the last hour, the eu banned all russian aircraft from the eu airspace. that will hit russian holiday makers and oligarchs privatejets. these sanctions won t prevent the purchase of oil and gas so it will have fuel for its war machine. that would mean an international embargo that would damage both sides in this escalating international war. 0n the question of sanctions, one of the most significant is the decision
in times of economic crisis you can use that money to buy your domestic currency propping up its value. if you freeze those overseas assets you can t do it leaving the currency more vulnerable to collapse. for russia and its citizens, another plunge in the currency would present serious economic and social difficulties according to a moscow based expert. it is facing collapse of 30 a0% when the market opens tomorrow. prices are going to be higher, question marks overjob security. all these things have changed little in the last couple of days. and how this relates to the social and political stability russia has always enjoyed, that is becoming quite an urgent question.
banks around the world. in times of economic crisis you can use that money to buy your domestic product propping up its value. if you freeze those overseas assets you can t do it leaving the currency more vulnerable to collapse. for russia and its citizens, another plunge in the currency would present serious economic and social difficulties according to a moscow based expert. it is facing collapse of 30 40% when the market opens tomorrow. prices are going to be higher, question marks overjob security. all these things have changed little in the last couple of days. and how this relates to the social and political stability russia has always enjoined, that is becoming quite an urgent question. in enjoined, that is becoming quite an urgent question. urgent question. in the last hour, the eu banned urgent question. in the last hour, the eu banned all urgent question. in the last hour, the eu banned all russian - urgent question. in the last hour, j the eu banned all russian aircraft
moscow based expert. the rouble is facing| collapse of 30 40% when the market opens tomorrow. prices are going to be higher. there are question- marks overjob security. all of these things have - changed literally in the last couple of days, and how that translates to the social - and political stability- russia has always enjoyed, that s becoming quite an urgent question. l voice-over: due to a unique shareholder structure - which includes bp. this evening, bp yielded to heavy pressure from the uk government by announcing it would off load its 20% stake in russian oil and gas giant rosneft, saying it would take a multi billion pound loss as a result. bp said it is too early to say how or to whom the $14 billion stake would be sold. as long as russia has customs buying its oil and gas, which these sanctions won t prevent, it will have financial fuel for its war machine. the ultimate sanction would be an international embargo on russian energy,
are completely unprecedented, and i think that not only in terms of the draconian nature of the measures but the timing of the measures and the degree of coordination between the main countries in the west is something that potentially the russian federation would not have priced in. central banks like the bank of england have reserves of foreign currency stashed in other central banks around the world. in times of economic crisis, you can use that money to buy your domestic currency, propping up its value. if you freeze those overseas assets, you can t do it leaving the currency if you freeze those overseas assets, you can t do it, leaving the currency more vulnerable to collapse. for russia and its citizens, another plunge in the currency would present serious economic and social difficulties according to a moscow based expert. l it is facing collapse of 30 40% l when the market opens tomorrow. prices are going to be higher, - question marks overjob security.