patrick.net

US sanctions are finally proving a ‘major game changer' for Russia.

Monday saw Russia's main share index, the dollar-denominated RTS, crash 11.4 percent while the ruble fell 4.5 percent against the dollar on Tuesday.

Switzerland-based Glencore, the world's largest commodities company, owns a 8.75 percent stake in Rusal, whose shares tanked 50 percent following the Treasury's announcement. Glasenberg's move demonstrated that even non-American entities may now be viewing Russian assets as too risky to hold, proving the effectiveness of Washington's unusually direct shot at the country.
"The U.S. government has demonstrated that it will take pot shots at Russian companies at any time and for no specific reason — i.e. on the basis of general rather than specific complaints against Russia."

https://www.cnbc.com/2018/04/10/us-moscow-sanctions-finally-proving-a-major-game-changer-for-russia.html?

Lets recap this:

A. We have been told for the longest time that Trump is a Russian puppet.
B. Obama was sanctioning Russia without much success for years.
C. Trump's sanctions are finally harsh enough to cripple Russian economy. They are probably similar to sanctions that crippled Venezuela.
D. It appears that A is wrong and perhaps Obama/Clinton were Russian puppets as their sanctions did not work? Will we keep hearing MSNBC bloviating that Trump is a Russian puppet?

Kudos to Trump. He has finally done something right. A conspiracy theorist in me says that Trump did this to kill competition in oil, gas, and aluminum to benefit American companies - no tariffs needed, no talks, he just found a way how to do this under non-economy premise. In any case saying that he is Russian puppet will sound rather stupid from now on.