Brics nations divide on US dollar replacement, with India declaring ‘no interest’
India has “absolutely no interest” in undermining the US dollar, and its fellow members of the Brics grouping of emerging...
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Ukraine ‘peace deal’ hits CEE currencies but additional gains ‘possible’
Hopes that a resolution to the Russia-Ukraine war could be in sight have given way to concerns about the future...
Russia’s Gazprom Boosts 2024 Investments to $16.9 Billion
Gazprom is raising its investment plan for 2024 by 4% to $16.9 billion (1.642 trillion Russian rubles), thanks to rising...
German P-8s to Routinely Forward Deploy to the UK as Part of ‘Landmark’ Trinity House Agreement
UK Defence Secretary John Healey and German Defence Minister Boris Pistorious signed a wide-reaching defence agreement at Trinity House, London,...
China’s yuan hits internationalisation landmark with record share of global payments
Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use...
Putin’s Top Banker Issues Somber Warning on Chinese Currency
Russia may not be able to rely on the Chinese currency as initially hoped, as Beijing's banks are forced to...
Russia halts rupee repatriation as India offers bouquet of investment options, say sources
UPDATED WITH HIGHTLIGHTS AT THE BOTTOMRussia’s payment woes with India may finally be coming to an end. Thanks to allowances...
Russia Extends Mandatory FX Conversion For Major Exporters
Russia on Saturday said it would require major exporters to carry on converting the bulk of their foreign currency earnings...
Londongrad forever? Why the UK may never seize Russian assets – POLITICO
LONDON ― In politics, reality rarely matches rhetoric. And the reality is Britain will probably never seize Russia’s money. Plenty...
Euro plunges, eyes parity with dollar after Lagarde’s go-it-alone pledge – POLITICO
If by U.S. election time in November the ECB has cut rates three times, and the Fed hasn't at all,...
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