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Updates from Russia today: - City centers are blocked by policy to prevent protests/marches - Arrests of people at protests - Volgograd airport has been closed - Russians lining up at banks to withdraw cash, bank limits put in place midway through the day



so the Russian people aren't entirely enthusiastic about this. Maybe they'll have another revolution.


Who would be enthusiastic about a 45% drop in the local currency


There can be huge gains to be had, for example if the oligarchs all have all their wealth in foreign currency or large debt in the national currency.


https://www.dailymail.co.uk/news/article-10546799/More-150-s...

"More than 150 senior Russian officials have signed an open letter condemning Vladimir Putin's invasion of Ukraine as 'an unprecedented atrocity' and warning of 'catastrophic consequences'."


I hope none of them plan on accepting cups of tea in the near future[0].

[0]:https://en.wikipedia.org/wiki/Poisoning_of_Alexander_Litvine...


I imagine the usual deal that they are kind of horrified but will be arrested / killed if they try to do much about it.




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