"russia"

China has instituted a payment versus payment (PVP) system for Chinese yuan and Russian ruble transactions in an effort to lower risks and enhance the efficiency of its foreign exchange …

Threats to the American petrodollar, with its weakening monopoly over the oil trade and its declining status as the world’s reserve currency, are continuing to mount. The latest geopolitical/economic challenge: …

Treasury Secretary Steven Mnuchin has publicly warned that the United States may seek to enact sanctions against any country that trades with North Korea. The intent behind the sanctions would …

The US dollar’s status as the world’s reserve currency took another blow last week when Venezuela stopped accepting it as payment for oil. Instead, the oil-rich country has begun pricing …

A recent survey conducted by the Pew Research Center found that only 37 percent of Americans believe that children today will be better off financially than their parents were. This …

Increased sanctions against Venezuela could end up raising the cost of gasoline for American consumers. Most people don’t realize just how much oil is imported into the United States from …

While many people choose firearms in common calibers and stock up on readily-available ammunition, there are some who just like different calibers, either because they’re more obscure or because they …

While most Americans are focused on the barbs traded between President Trump and North Korean dictator Kim Jong Un, or on the United States government’s actions with regard to Russia, …

The recent Russian sanctions bill passed by Congress and signed by President Trump has aroused anger in Europe. Germany’s economy minister has decried the sanctions as illegal under international law …

Almost sixteen years after the United States invaded Afghanistan, US troops are seemingly right back to where they started. The government in Kabul is weak, unable to exert control over …