Correspondent & Host
Sabri is a correspondent and host for Marketplace based in New York City. He has many, many plants.
At one point, a ruble was worth a fraction of a penny. Demand for energy exports has helped, but Russia’s economy is still in recession.
Probably not, but Russia and China are likely to keep looking for ways to avoid U.S.-controlled financial infrastructure.
75-year-old Alla Mikhno fled to a small town in Poland, where people are using their own resources to make refugees feel at home.
They’re valuable in part because the palladium inside is expensive. And Russia provides much of the world’s palladium.
“The long-term implications are severe,” one expert says, and can scare away foreign investors.
Their fates and fortunes are tied closely to Vladimir Putin’s.
The ruble is a free-floating currency whose value tracks supply and demand. But sanctions have demolished demand and wrecked the market.
Heather Vogell of ProPublica finds short term-oriented corporate investors are increasingly becoming apartment landlords.
Ukraine had encountered cyberattacks to its infrastructure in the weeks leading up to the invasion.
“It’s hard to do anything that doesn’t end up hurting us more than it hurts them,” says New York Times columnist Paul Krugman.
