Russia could weaponize metal exports next, Citi warns | CNN Business

Prices of these commodities could spike as a result, the bank said in a note to clients dated March 6. “Any restrictions on exports could have major implications for markets in the short run,” Citi’s analysts wrote. Such curbs would disrupt operations for manufacturers around the world. They could also fan already-high inflation. About 15% of traded aluminum comes from Russia, according to Citi.

Moscow has shown a readiness to use Russia’s vast natural resources to hit back at the West, which has enacted unprecedented sanctions in response to President Vladimir Putin’s invasion of Ukraine a year ago. For example, last year Russia made deep cuts to its natural gas exports to Europe, its top customer. That forced governments in the region to ramp up efforts to find new suppliers.

The country is under sanctions, leave them alone

👍😀

Plus, compliqué pour le palladium, car énergivor, là, RUSSIE RESTE AUTONOME SUR LE MARCHÉ, IL RESTE UNE MAUVAISE GUERRE 💫🌠

There was no Nigeria in the ancient map but there was Biafra, out of colony we were merged together with barbarians and now we want out of forceful marriage ... Biafra must go back to the map and Nigeria must disappear from the map US UN must help before it's too late

So, Western states has just to hurry up with recycling. Also much better for environment.

So the west should weaponize their financial institutions and companies but Russia should not weaponize their natural resources.. Please school me l don't understand

Hasn't the West weaponized everything else? So when someone else does it...... Its the end of the world, it's tit for tat from now.

We🇨🇦 produce Aluminum in Quebec. I'm sure the Frenchies won't remember the Trade war the US attacked them over. They are such an easy going bunch, lol.

An other propaganda to boycott Russia

You will be drawn into the war without knowing

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

CNN correspondent calls his mom using deepfake audio | CNN BusinessCan CNN correspondent Donie O'Sullivan's parents spot the difference between their son's voice and an AI version? An online tool creates convincing AI audio fakes of anyone. Here's how the technology works and what's at stake. donie Can CNN spot a reporter that's just phoning it in? Tune in to find out the answer is no donie What is created for good WILL BE USED FOR EVIL. FACT CHECKED✅ donie Oh that explains a lot
Källa: CNN - 🏆 4. / 95 Läs mer »

IMF chief: Ukraine war will have 'devastating' consequences for Russia's economy | CNN BusinessThe International Monetary Fund has drawn criticism for forecasting that Russia will see stronger economic growth this year than either the United Kingdom or Germany, despite rising pressure from Western sanctions. May the entire world prioritize and preach peace to humanity. Meanwhile, here are some PRONUNCIATION TIPS that might be useful to many people in the Anglophone nations: ★COMEDY & COMEDIAN *STRATEGY & STRATEGIC For any needed guidance: +254727 029 159 Wilochieng2000yahoo.com Typical Punish the man on the street. Children will die of curable diseases like those in Iraq and other countries.
Källa: cnni - 🏆 326. / 59 Läs mer »

Russia says it may challenge Biden's nominee to head the World Bank | CNN BusinessRussia is consulting with its allies about challenging the US nominee to head the World Bank, Moscow's top representative at the organization said Tuesday. The move could complicate what was expected to be a smooth succession process. Aren't they supposed to be focusing on BRICS ? RuZZia has allies? We all love Russia
Källa: cnni - 🏆 326. / 59 Läs mer »