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Russian President Vladimir Putin listens during a meeting in Moscow, Russia, March 22, 2022. (Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP)
March 23, 2022, 9:17 pm
Putin wants ‘unfriendly countries’ to pay for Russian natural gas in rubles
Hitting back at Western sanctions, president says he won’t supply goods and receive payments in other currencies while Russia’s assets are frozen; experts doubt move will work
By AP
A man walks past the Moscow's stock market building in downtown Moscow on February 28, 2022. (Natalia KOLESNIKOVA / AFP)
March 2, 2022, 2:00 pm
Kremlin says sanctions dealing ‘a serious blow’ to Russian economy
Moscow Stock Exchange stays closed for third day; travelers banned from leaving Russia with more than $10,000 in cash; central bank restricts some trading operations
By AFP
People stand in line to withdraw money from an ATM of VTB Bank in downtown Moscow, Russia, Monday, Feb. 28, 2022. (AP Photo/Pavel Golovkin)
February 28, 2022, 6:30 pm
Russians hit by sanctions as Putin rages against West’s ’empire of lies’
Russian banks teeter on edge of crisis and some oligarchs speak out against war, with one proposing an end to ‘state capitalism’
By Olga Rotenberg and Marina Koreneva
A food delivery man leaves an exchange office with screen showing the currency exchange rates of US dollar and euro to Russian rubles in Moscow, Russia, Feb. 24, 2022. (Alexander Zemlianichenko Jr/AP)
February 28, 2022, 11:25 am
Ruble tumbles, European branch of Russian bank predicted to fail as sanctions bite
Russian central bank moves to stem plunge in currency; Moscow forex exchange to open late amid turmoil; Austria’s Financial Market Authority imposes moratorium on Sberbank Europe
By Agencies and TOI staff
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