Monday, November 18, 2019

Russia Is Not Ready To Ditch The Dollar

President Vladimir Putin attends a meeting with officials and representatives of the Russian business community at the Kremlin, December 26, 2018. Alexander Nemenov/Pool via REUTERS

Steven E. Halliwell, Reuters: Putin can't afford to ditch the dollar

Paul Manafort, while managing Donald Trump’s 2016 election campaign, is accused of passing private polling data to his Russia business partner, a man with alleged ties to Russian intelligence. This new information, revealed in an unsealed court filing, is likely to stoke the case in Congress for increased sanctions against Russia. Equally importantly, the reverberations will be felt in Moscow, where anger and frustration over the impact of U.S. sanctions – and by implication Vladimir Putin’s leadership – is increasing.
President Vladimir Putin attends a meeting with

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WNU Editor: When I visit Russia I have no problem paying U.S. dollars. That is more than enough proof enough to me that Russia is not ready to ditch the dollar.

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