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realitista@lemm.ee to Ukraine@sopuli.xyz · 10 months ago

Russia's Central Bank hikes interest rate to 18% as inflation soars

apnews.com

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Russia's Central Bank hikes interest rate to 18% as inflation soars

apnews.com

realitista@lemm.ee to Ukraine@sopuli.xyz · 10 months ago
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Russia's Central Bank hikes interest rate as inflation soars
apnews.com
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Russia’s Central Bank has raised its key lending rate to the highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow’s military action in Ukraine.

cross-posted from: https://lemmit.online/post/3523779

This is an automated archive made by the Lemmit Bot.

The original was posted on /r/ukrainianconflict by /u/doughtnut2022 on 2024-07-27 00:45:13+00:00.

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  • Skeezix@lemmy.world
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    10 months ago

    What i find most sad about Russia is that the people have, for the most part, accepted corruption as the way of life.

    • WhatAmLemmy@lemmy.world
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      10 months ago

      Removed by mod

    • Angry_Autist (he/him)@lemmy.world
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      10 months ago

      8+ decades of hardcore civilian oppression, declining opportunities, and constant propaganda are what has brought them there, and we aren’t far behind them.

  • Tar_Alcaran@sh.itjust.works
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    10 months ago

    But don’t worry, the economy is fine! It’s never been better, just look at how much money they’re spending on things!

    /S, obviously.

    • GreyEyedGhost@lemmy.ca
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      10 months ago

      But the GDP went up!

    • thebestaquaman@lemmy.world
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      10 months ago

      Like, I’m honestly wondering how long they can keep stuff like this going. Here at home people are complaining about 5 % interest rates and how it’s affecting people’s personal economy. I mean, we’re seeing an inflation rate of almost 10 % and interest rates of almost 20% in Russia, they can’t possibly keep that going for very much longer?

      • Tar_Alcaran@sh.itjust.works
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        10 months ago

        It’s Russia. They can keep it up till people literally riot in the streets, and it had to get pretty fucking the last time that happened.

  • Im_old@lemmy.world
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    10 months ago

    MORE!

    • cheese_greater@lemmy.world
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      10 months ago

      MOAR!!

      • MrHindsight@lemmy.world
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        10 months ago

        MAHHOOR!

  • gravitas_deficiency@sh.itjust.works
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    10 months ago

    The economic punishment will continue until morale improves you retreat from Ukraine. Your morale will never recover, because you live in Russia.

  • ryannathans@aussie.zone
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    10 months ago

    Just like it used to be in the 70s and 80s

    Fang your cash in the bank and get rich

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