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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[–] [email protected] 42 points 5 days ago (7 children)

They tariffed penguins though.

[–] [email protected] 18 points 5 days ago (4 children)

Big Cheeto was afraid the penguins would flood American markets with cheap eggs, thus the tarifs.

[–] [email protected] 5 points 4 days ago (3 children)

......are penguin eggs any good? Like, I'm guessing chicken eggs are as popular as they are mostly because chickens are easy to handle as livestock; not because their eggs or meat is anything special relative to other birds.

Like, the absolute best eggs and drumsticks and such might be some Chilean parrot or something, but we don't and will never know because they're squirrelly little fuckers and bite the shit out of anyone who gets close, so we just dismiss them as not worth the effort.

[–] erusuoyera 11 points 4 days ago (1 children)

......are penguin eggs any good?

They are if you like eating translucent blue eggs that taste of fish.

[–] [email protected] 4 points 4 days ago

Huh. Well I'm intrigued more than anything else... I'd try it.

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