On Friday, July 8, the Bank of Russia set the following official exchange rate: 63.1427 rubles…
Continue ReadingAutor: James Michael Ford
Demand in Russia for the yuan has grown 8 times, and the volume of trading in Chinese currency has reached a record
Russia’s appetite for the Chinese yuan has grown eightfold since May 20, Reuters reported. Meanwhile, the…
Continue ReadingThe yen is falling, but this does not mean that it has become much cheaper
For sustainable strengthening of the national currency, it will be necessary to change the structure of…
Continue ReadingThe yen rose unpatriotically after the assassination attempt on Shinzo Abe
investors flocked to safe haven assets as they learned that former Japanese Prime Minister Shinzo Abe…
Continue ReadingGazprom cut flows through Nord Stream
Europe is facing its biggest energy crisis in decades, with main supplier Russia curbing gas supplies…
Continue ReadingG-7 controversy
The unusual public appeal came two days after Chancellor Olaf Scholz had a telephone conversation with…
Continue ReadingThe cut in supplies caused instability in the gas markets
European benchmark futures, which have doubled in value over the past month, posted their longest daily…
Continue ReadingGermany pleads with Canada to return turbine to Gazprom
Minister of Economy calls for their turbine to be released under sanctions for a full-scale restart…
Continue ReadingAustria prepares for natural gas emergencies
The Austrian government will assess the volume of natural gas in the country’s underground storage facilities…
Continue ReadingPeskov called the implementation of the idea of limiting oil prices from Russia doubtful
The Kremlin doubts the possibility of implementing the initiative of Japanese Prime Minister Fumio Kishida to…
Continue Reading