U.S. Sanctions on Russia Barely Working

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putinWhile the White House likes to point to the fall of the ruble and Moscow’s stock market as evidence of the success of Western sanctions, economic experts believe the moves may have had more of a psychological effect than a tangible one.

The ruble and stock market began to fall before sanctions were imposed, and they are both stronger today than before sanctions were announced.

What is making the Russian economy weaker, economists say, is the threat of further sanctions against whole sectors of the economy-even though President Obama has been reluctant to introduce them. Read more at The New York Times.

{Andy Heller-Matzav.com Newscenter}


3 COMMENTS

  1. As long as the Ashton lady is still busy with the new apartments in Gilo, the EU problems with the Ukraine can wait.

  2. The “stock market” is no proof to anything! Its a quick way to lose your pants. Its totally fixed with only the insiders making any money.

  3. The sanctions are working like every other Obama policy – just great! And if it falters in any way or it comes up insignificant it is Bush’s fault!

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