this post was submitted on 12 Mar 2024
267 points (98.9% liked)

Ukraine

8310 readers
841 users here now

News and discussion related to Ukraine

*Sympathy for enemy combatants is prohibited.

*No content depicting extreme violence or gore.

*Posts containing combat footage should include [Combat] in title

*Combat videos containing any footage of a visible human must be flagged NSFW

Server Rules

  1. Remember the human! (no harassment, threats, etc.)
  2. No racism or other discrimination
  3. No Nazis, QAnon or similar
  4. No porn
  5. No ads or spam
  6. No content against Finnish law

Donate to support Ukraine's Defense

Donate to support Humanitarian Aid

founded 2 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
267
Sidestepping Congress, White House Announces Ukraine Aid (www.barrons.com)
submitted 8 months ago by [email protected] to c/[email protected]
37 comments fedilink hide all child comments
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 8 months ago

@CanadaPlus @Jax
China and India pay close to cost price for Russian oil and and have refused to pay in Rubles, which caused the Ruble to become an effectively non-exchangeable currency. Russia is spending 40% of its income on the war, and as its income is almost entirely derived from petrochemicals, the effect on the Russian economy is catastrophic. They are not exporting refined products due to failing infrastructure and Ukrainian attacks on refineries. The situation is serious.