this post was submitted on 05 Apr 2025
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Summary

Russia’s stock market lost $23.7 billion in two days after Trump’s new global tariffs and a steep oil price drop, marking its worst week since 2022.

The MOEX Russia Index fell 8.05%, with major firms like Sberbank, Gazprom, and Rosneft plunging. Brent crude dropped 12%, and copper fell 11%, stoking global recession fears.

Russia, heavily reliant on commodity exports, faces budget strain and potential ruble devaluation.

Peace talks over Ukraine remain stalled as the U.S. signals impatience, and NATO sees no shift in Russia’s war objectives.

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[–] NocturnalMorning@lemmy.world 28 points 1 week ago (3 children)

Wow trump has done more to hurt the Russian war effort in two days with tariffs than Biden did in 3 years. That's something, I guess...so we got that goin for us.

[–] WildPalmTree@lemmy.world 48 points 1 week ago (2 children)

He fucked the global economy. Of course it's going to hurt Russia. It's like setting yourself on fire because you have cancer - sure, the cancer will suffer *too. *

[–] NocturnalMorning@lemmy.world 15 points 1 week ago (1 children)

It was a joke bcz he's done basically nothing good in the last three months.

[–] WildPalmTree@lemmy.world 3 points 1 week ago

After re-reading your comment, I see that too. Sorry.

[–] SomeKindaName@lemmy.world 8 points 1 week ago (1 children)

That is basically how we treat cancer.

[–] Neverclear@lemmy.dbzer0.com 9 points 1 week ago

.... Chemotherapy targets rapidly dividing cells (e.g. cancer, hair, blood). Most cells in your body don't undergo mitosis often enough to be affected by chemo.

Besides, we have a host of other treatments for cancer:

radiation therapy

targeted therapy

immunotherapy

hormonal therapy

angiogenisis inhibitors

synthetic lethality

...to name a few categories.

So, no this is not even "basically" how we treat cancer.

[–] jaxxed@lemmy.ml 1 points 1 week ago (1 children)

I thought that there were no tarrifa added to Russia in the recent wave?

There weren't. This is just a nice side effect.

[–] Ledericas@lemm.ee 1 points 1 week ago

tariffs were the key to destroy russia after all.