Ruble
To See Where World’s Easy Money Is Going, Look at Russia’s Ruble
published Aug 11th 2016, 6:00 pm, by Andrey Biryukov and Maria Kolesnikova (Bloomberg) — For an example of how the global clamor for yield is drowning out the risks in the world economy, look no further than Russia’s ruble. Investor demand for higher returns has eclipsed a drop in oil
Putin’s Shock Plan to Pull Troops From Syria Puts Onus on Assad
©2016 Bloomberg News O41UB96KLVRO (Bloomberg) — Russia said it will start withdrawing forces from Syria in a surprise move that puts pressure on its ally President Bashar Al-Assad, as well as opposition groups, to reach a deal at the peace talks that got under way hours earlier in Geneva. Russian
Russian Equities Drop Overseas as Oil, Ruble Continue Retreat
©2015 Bloomberg News NZQOLR6KLVR7 (Bloomberg) — The largest exchange-traded fund tracking Russian stocks fell for a third day as the lowest oil price in 11 years and the weakest ruble on record dimmed the prospects for a recovery in the world’s biggest energy exporter’s economy. The Market Vectors Russia ETF
The $30 Oil Cliff That Economists See Threatening Russia in 2016
©2015 Bloomberg News NYL2V4SYF01S (Bloomberg) — For Russia, $30 is the number to watch. Crude prices at that level will push the economy to depths that would threaten the nation’s financial system, according to 63 percent of respondents in a Bloomberg survey. Lower prices for the fuel are next year’s