Could economic sanctions on Russia hurt the rest of the world? | Russia-Ukraine crisis News

Video Length 24 minutes 25 seconds

From: Inside Story

Warnings of steep value rises for Russian oil, fuel and different commodities.

Russia’s invasion of Ukraine has triggered among the most extreme sanctions ever from the West.

They’re designed to harm the economic system and deprive President Vladimir Putin of cash to pay for the struggle.

The rouble has fallen by a 3rd towards the USA greenback.

The US, the European Union and their allies are blocking entry to Russia’s international money reserves.

Some banks have been banned from the SWIFT messaging system for worldwide transactions.

Fearful Russians have withdrawn giant quantities of money from ATMs.

Russia is a serious exporter of oil, fuel and grains, and the costs of these commodities are already excessive.

So may the sanctions additional hit the price of dwelling for the remainder of the world?

Presenter: Nick Clark


Pavel Felgenhauer – defence and army analyst

Dan Wang – chief economist, Grasp Seng Financial institution (China)

Jeevun Sandher – economist, King’s Faculty London

14 shot at Vegas hookah parlor; 1 dead and 2 critically hurt

Fourteen folks have been shot earlier than daybreak Saturday morning at a hookah parlor in Las Vegas. (Jeffrey D. Allred, Deseret Information)

Estimated learn time: 2-3 minutes

LAS VEGAS — Fourteen folks have been shot earlier than daybreak Saturday morning at a hookah parlor in Las Vegas and police mentioned one man died and two of these hit by gunfire suffered crucial accidents.

The capturing occurred at about 3:15 a.m. Pacific Time and preliminary data indicated there was a celebration throughout which two folks obtained into an altercation and exchanged gunfire, putting a number of folks, mentioned police Capt. Dori Koren.

Koren instructed reporters no arrests have been made and no suspect descriptions have been instantly obtainable however that authorities didn’t consider there was any hazard to most people.

Police went to the hookah bar recognized by the Las Vegas Evaluation-Journal as Manny’s Glow Extremely Lounge & Restaurant after receiving a number of 911 calls, Koren mentioned.

Officers secured the scene and rendered support, together with making use of tourniquets and administering CPR, Koren mentioned.

Investigators have been making an attempt to find out the forms of gun or weapons used within the capturing.

“It is a reasonably large scene so it is going so take a while to undergo the whole scene,” he mentioned. “We’re probably not certain precisely what sort of weapon was used, or precisely if there have been two shooters. We consider there was an trade of gunfire, however we’re nonetheless trying into all of data.”

The medical support supplied to victims by the officers who initially responded “positively made a significance on this case,” Koren mentioned.

Hookahs are water pipes which are used to smoke specifically made tobacco that is available in completely different flavors.

Hours after the capturing, a lot of buying plaza the place the capturing occurred remained cordoned off by police tape as officers appeared for stray bullets and different proof.

“My ideas are with the sufferer, their family members, and all these injured in final evening’s mindless capturing at a hookah lounge,” U.S. Rep. Dina Titus, D-Nev., mentioned on Twitter. “We should do extra to finish gun violence.”

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