00:00The Russian stock market just crashed, and it's sending shockwaves across the globe.
00:04On October 8, the Moscow Exchange Index plunged over 4% in a single day,
00:09its sharpest drop in three years.
00:12Major companies like Aeroflot, Severstal, and Mechel all saw losses,
00:16with some stocks falling nearly 7%.
00:18Why the sudden collapse?
00:20It followed a chilling message from the Kremlin.
00:23A top Russian diplomat admitted peace talks with the U.S. have stalled,
00:27and that ties with Washington are collapsing.
00:30This comes after rising hope from a recent meeting between Putin and Trump.
00:34But now, that momentum is gone.
00:37President Putin doubled down on military goals,
00:39while propaganda funding is set to double by 2026.
00:44Investors are spooked.
00:46Russia's economy is under pressure, war fatigue is growing,
00:49and the stock market has been falling for five straight weeks.
00:53Even the World Bank cut its growth forecast.
00:55And yet, Russia keeps pouring money into war, fueled by energy exports.
01:00Is this just a market dip?
01:02Or a sign of something deeper unraveling?
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