By Fantine Gardinier
Analysts have told Sputnik that China’s binge in to non-dollar currency reserves, including record amounts of gold bullion, is being driven by how unstable the US dollar has become. Countries like Russia, which hold few dollar reserves, present a safer bet for investors and tr...
By Rhod Mackenzie
The US will have to develop new clean energy technologies to reduce its reliance on certain critical minerals amid looming shortages and China’s supply chain dominance, while boosting emergency reserves in the meantime, analyst think.
Last week, the US Department of Energy (DOE)...
By Rhod Mackenzie
Russia's second largest gold miner and largest silver mine Polymetal Int (combines the assets of JSC Polymetal) sees no alternatives for the future of the company, except for the sale of its assets in Russia, Vitaly Nesis, the company's chief executive officer, said during an onl...
By Boris Solovyov
The Russian currency continues to fall in price, and today the market continued to harbor fears that this week it may well reach the level of 100 rubles. per dollar. At first, the ruble reacted weakly to the Central Bank's decision not to buy foreign currency as part of the budge...
By Svetlana Ekimenko
Washington has blacklisted dozens of Chinese tech firms in recent years citing “security concerns”,it has been blocking US companies from trading with them and pressuring allies to take similar measures. The new White House document pertaining to US outbound investment in to...
By Ahmed Adel
Ukrainian President Volodymyr Zelensky said at a press conference that he thought his Brazilian counterpart Luiz Inacio Lula da Silva “had a broader understanding of the world.” The comments were triggered by Lula suggesting that Zelensky, as a minimum, needs to accept that Crimea is...