Economic sanctions were the West’s way of trying to change Russia’s mind about the war. The announcement of measures such as the exclusion of Russian banks from the Swift international financial transfer system and the freezing of part of Russian reserves held abroad is being called an economic war.
Millions of Russians are feeling the effects of sanctions. Because of their impact on the ruble, the Central Bank more than doubled its interest rate to 20%. The Moscow Stock Exchange was closed amid fears of a mass sale of shares.
The economic war puts pressure on the price of commodities such as oil, natural gas, wheat and corn, and food inflation is expected to pick up again – including in Brazil.
In this Wednesday’s episode (2), Café da Manhã listens to the columnist of sheet Vinicius Torres Freire on the ongoing financial offensive. He talks about the impact of sanctions on the Russian economy and how this crisis could affect other countries, such as Brazil.
Listen to the episode:
The audio program is published on Spotify, partner streaming service of sheet in the initiative and who specializes in music, podcast and video. You can listen to the episode by clicking below. To access the application just register for free.
Café da Manhã is published from Monday to Friday, always at the beginning of the day. The episode is presented by journalist Magê Flores, with production by Angela Boldrini, Daniel Castro, Laila Mouallem and Natália Silva. The sound editing is by Natalia Silva.
I have over 8 years of experience in the news industry. I have worked for various news websites and have also written for a few news agencies. I mostly cover healthcare news, but I am also interested in other topics such as politics, business, and entertainment. In my free time, I enjoy writing fiction and spending time with my family and friends.
