Friday, December 05, 2014

Putin Vows To Punish Speculators Pushing Down Ruble’s Value

Via Bloomberg News:

President Vladimir Putin vowed to punish speculators attacking the ruble with “harsh” measures in a defiant speech that reached into Russian history to defend his annexation of Crimea and compared his international opponents with Adolf Hitler.

“The authorities know who these speculators are and the instruments we can use to influence them”, Putin said in his annual address to parliament regarding efforts to defend the country’s currency, which is trading near a record low.

“The time has come to use these instruments”.

No comments: