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Wednesday, 12/17/2014 7:45:39 AM

Wednesday, December 17, 2014 7:45:39 AM

Post# of 120381
President Obama is expected to sign legislation by the end of the week implementing new sanctions on Russia over the Ukraine crisis. The additional sanctions will hit the Russian weapons and energy sector, hammering an economy that is already being battered by a fall in oil prices and a plunging currency. The ruble dropped to record lows yesterday, falling as much as 20% against the dollar despite the Russian central bank’s move to raise interest rates to 17%.

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