China’s growing economic influence and trade with the rest of the world has made the yuan more acceptable to foreign…
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They can also reduce the visibility that Western regulators have over their bilateral transactions, while also limiting currency risks. In…
Read More »NEW YORK: Britain’s Dan Evans defeated Russia’s Karen Khachanov 6-7(6) 7-6(2) 7-6(4) 4-6 6-4 in the longest US Open match…
Read More »The disruption compounds supply chain challenges worldwide that have, since Covid-19, dramatically raised freight rates, forced changes in supply routes,…
Read More »Pavel Durov, billionaire founder and CEO of the Telegram messaging app, was arrested at the Bourget airport outside Paris on…
Read More »Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use…
Read More »It also cut crude oil imports from Saudi Arabia, its second-biggest supplier, by 6.5 per cent over the two months.…
Read More »MOSCOW: The Russian authorities declared on Thursday a state of federal emergency in the Belgorod region amid the fighting with…
Read More »Some local governments in China have been leading discussions and making plans to begin barter trades with Russia amid media…
Read More »While Russian, Chinese and Iranian drones are easy to destroy using existing Western systems, the costs are prohibitive. This unsustainable…
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