CATASTROPHIC LOSSES! Russia Raises Rates in Emergency Move as the Ruble Collapses | Russia's Central Bank Takes Drastic Action to Save its Currency 12/16/2014 (Video) (Video)

Russia Raises Rates in Emergency Move as the Ruble Collapses Dec 16 2014 Russia's Central Bank took drastic action overnight, raising interest rates to 17 percent. That's a 6.5 percent hike, the biggest rise since Russia's economic meltdown in 1998. Is this a planned event? Will this assist the ushering in of the one world currency?



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