Russia is facing a financial crisis and threaten additional sanctions

Russia announced additional measures to address the crisis of the collapse of its currency, the ruble, while US President Barack Obama prepares to sign a law allowing the imposition of new sanctions on Moscow because of what is described as meddling in Ukraine.
The Minister of the Russian economy Alexei Ulyukayev after an emergency cabinet meeting called by Prime Minister Dmitry Medvedev, had been issued to the list of actions that will help to stabilize the situation "complex," he said, denying the imposition of controls on the movement of capital.
Ulyukayev said that the actions required to ensure a balance between supply and demand in the foreign exchange market by increasing the liquidity provided by Russian banks, also includes measures to support the development of the banking sector mechanisms to function smoothly, including the recapitalization of some banking institutions.
The announcement of this package of measures after the lifting of the Central Bank of Russia in the early yesterday morning, the main interest rate significantly to 17% from 10.5%, in an attempt to limit the continued deterioration of the ruble, and face the risk of inflation.
The ruble lost in two days 10% of its value against the dollar and the euro, falling to a new record high, while Russian stocks fell sharply with the continued decline in global oil prices. During the trading day yesterday, Russian currency lost 20% of its value before closing at almost eighty rubles against the dollar, and almost a hundred rubles against the euro.
The ruble lost 45% of its value so far this year, the Russian economy is suffering, who is heavily dependent on oil exports and Gas of strong pressure as a result of lower energy prices and Western sanctions on Moscow because of the Ukrainian crisis. It is noteworthy that crude oil prices fell to $ sixty, the lowest level in five years.
The Russian central bank said inflation may reach a peak of 11.5% in the next year, while Russian officials expected to shrink next year, their country's economy by up to 5% due to the current crisis.
The financial turmoil has raised the specter of a crisis in Russia along the lines of the financial crisis that began in 2008 from the United States, especially to Europe, Japan and Latin America economies facing difficulties.

US sanctions
In the meantime, the United States is preparing to impose new sanctions on Russia, added to the previous sanctions against Russian vital economic sectors, including the energy sector.
The White House said yesterday that President Obama will approve at the end of the week on the law gives him authority to impose more sanctions on Russia in light of the accusations against her backing separatists eastern Ukraine.
The US Congress passed a law last Saturday that Obama also authorizes provide more military aid to Kiev, however, Obama expanded not determine additional sanctions, according to the law itself.
A spokesman for the US presidency yesterday that there are indications that "strike" received by the Russian economy is getting stronger.
The US Secretary of State John Kerry said yesterday that sanctions shaken confidence in Russia's economy, and led to the collapse of the ruble, and added that the US and European sanctions could be lifted within days in the case of Russian President Vladimir Putin made the right choices in Ukraine.
He said Russian Foreign Minister Sergei Lavrov recently that the goal of Western sanctions may be seeking to overthrow the regime in his country.