Russian Ruble Plummets Amid Economic Strain and Public Concern

TL;DR Summary
The Russian ruble is experiencing a significant decline as the country's war economy faces mounting pressure. Simultaneously, Europe's single currency is also under strain due to internal economic challenges and political instability, with markets looking to the European Central Bank (ECB) for solutions. The ECB warns that a lack of growth could reignite the eurozone debt crisis, exacerbated by higher interest rates and potential trade wars. These economic issues are compounded by political tensions, including the influence of figures like Trump on European economic policies.
- Ruble tumbles as Russia’s war economy comes under increasing strain POLITICO Europe
- Russian Ruble Collapses As Putin's Economy in Trouble Newsweek
- Kremlin tries to reassure panicking Russians over collapsing rouble The Telegraph
- Russia’s rouble plunges to lowest rate since early weeks of Ukraine war The Guardian
- Russian Central Bank Halts Currency Buying Until 2025 as Ruble Slides The Moscow Times
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