Russians are buying huge amounts of gold with the ruble under pressure from high inflation and sanctions
The World Gold Council said Russians bought 75.6 metric tons of gold last year, up by 6% from 2023.Gold is a safe-haven asset ...
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Ruble collapse: Will it have impact on Russia's war in Ukraine
At the same time, Serhiy Fursa believes that the ruble's fall will actually increase Russia's budget revenue from exports, primarily energy resources. According to him, this will strengthen the ...
World Focus: Resetting the clock with Russia
Ever an optimist and a peacemaker, Lozansky advocates “resetting the clock with Russia.” ...
Putin is repeating a Soviet-era mistake that tanked the Russian economy, Polish foreign minister says
Poland's foreign minister said Putin used to criticize the Soviet approach that helped bankrupt it, but now he's repeating ...
Lexington Herald Leader9d
‘Most of my life savings:’ Former KY Dem candidate suing market over Russian ruble trade
A former Democratic nominee for Congress is suing a foreign currency exchange market, alleging the market forced him to sell the Russian rubles that, along with Mexican pesos, he’d put “most ...
Putin on the brink as Russian collapse 'happening right now' amid fears of nuclear chaos
Russia is in the process of "collapsing" and the world needs to prepare for potential nuclear chaos inside the country, a former US senior military commander has said. Retired general Ben Hodges once ...
YTN24d
Won's value 'fall' at level comparable to Russian ruble
It was the second-largest fall in value among the 20 major currencies after the Russian ruble, which stood at -6.4% against the U.S. dollar. The Bank of Korea (BOK) said the recent rise in the ...