The Central Bank of Russia (CBR) commonly factors in all kinds of risks when allocating the country's reserves, said the CBR chief, commenting on a major sell-off of US Treasury bonds.
America’s largest companies will be the biggest losers in a US-China trade brawl, according to former chairman of Goldman Sachs Jim O'Neill.
Iran looks to veto Saudi, Russian oil production proposal
Moscow and Delhi are seeking to bypass US sanctions by using the rupee and the ruble in facilitating military deals, according to Indian daily, the Economic Times.
Global stocks crashed on Tuesday after US President Donald Trump threatened another 10-percent tariff on $200 billion of Chinese imports in response to Beijing’s retaliation for the previous package of levies imposed by the US.
Beijing’s retaliatory measures against US tariffs can include penalties on oil coming to China from America. A cut in Chinese purchases of US oil may benefit Iran’s sales and anger Washington.
In an attempt to kick Washington in its natural resources, Beijing has revealed a list of US goods set to be affected by the first round of retaliatory tariffs that will come into effect on July 6.
Only supercomputers will be able to process cryptocurrencies in nearest future, and transactions can lead to an internet collapse, according to a recent report by Swiss-based Bank for International Settlements (BIS).
Munich prosecutors have arrested Rupert Stadler, the head of Volkswagen’s luxury arm Audi over his alleged participation in the automaker’s emissions test cheating scandal three years ago.
Moscow will continue dumping US debt, according to analysts who spoke to RT. Latest US Treasury Department data shows Russia cut its holdings by half in April.
After the London Stock Exchange (LSE) suspended share trading of sanctioned energy conglomerate EN+Group, other Russian firms are thinking of scrapping their stock listings in the UK in favor of the Moscow Stock Exchange (MOEX).
A global shortage of sand is prompting black-market gangs to steal large amounts from rivers and beaches. Scientists are warning that the global supply of sand is slipping through our fingers.
India will suspend trade concessions and raise import duties on 30 products from the United States by up to 50 percent, in a mirror response to Washington’s impetuous move to impose tariffs on steel and aluminum imports.
Even if the current OPEC/NOPEC oil production cut deal goes to pieces, Saudi Arabia and Russia will be willing to go it alone.