Us democratic senators have asked the administration to impose sanctions on individuals and companies that, acting on behalf of Russia and other countries, seek to interfere in the upcoming presidential election. A letter of demand was sent to us Treasury…
German businessmen assessed the consequences of refusing to continue construction of the Russian gas pipeline “Nord stream-2”. Their words are reported by Tagesschau. According to estimates of the head of the German gas Association Zukunft Erdgas Timm Koehler, the amount…
Russia has significantly increased its foreign exchange reserves during the crisis caused by the coronavirus pandemic. They make the country invulnerable to Western sanctions, writes the German newspaper Die Welt. The Russian budget is filled with money, and the volume…
Asian rich people have started hoarding cash to make deals when the coronavirus pandemic goes down. This is reported by Bloomberg. According to the head of DBS Group Holdings, Joseph POON, in recent months, customers have increased their money supply…
The Chinese yuan may become the third global reserve currency after the dollar and Euro in the next ten years. This is the conclusion reached by analysts at Morgan Stanley, writes CNBC. The growth of investment in the Chinese economy…
Chinese banks, including the world’s largest credit institution Industrial & Commercial Bank of China (ICBC), are facing a shortage of money and are going to borrow a record amount. Banks plan to issue $ 29 billion in bonds in September…