CNBC (March 1)
“A run on Russian banks is underway.” In the wake of “unprecedented sanctions” imposed by the EU and U.S. for the invasion of Ukraine, the ruble “dropped dramatically in Monday’s trading. Lines at ATMs snaked down sidewalks and around buildings in Moscow and at Russian banks in Europe as depositors rushed to withdraw cash.”
Tags: ATMs, Banks, Depositors, EU, Invasion, Lines, Moscow, Ruble, Run, Russia, Sanctions, Trading, U.S., Ukraine, Unprecedented, Withdraw
New York Times (June 23)
President Trump has made a mess of Iran. His “decision to withdraw from the nuclear deal and impose crippling sanctions, when Iran was in full compliance, was foolish and, predictably, has backfired.” Still, “we are where we are” and fortunately that’s not yet full-scale war. “Finding a way to leverage his massive mistakes while demonstrating the will and capacity to climb down is our least bad option.” If he can act rationally, “with uncharacteristic clarity and resolve,” the President “now has an opening to restart talks on Iran’s nuclear program.”
Tags: Backfired, Compliance, Foolish, Iran, Mess, Mistakes, Nuclear deal, Opening, Sanctions, Trump, War, Withdraw
