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Former Soviet Republics exchange fire on the border

Violence broke out at the Tajik-Kyrgyz border late on Thursday, with the clashes occurred at a poorly-demarcated part of the frontier, where the territories of Kyrgyzstan, Tajikistan, and Uzbekistan meet, at a point where each country has multiple enclaves in the territory of its neighboring states. The trouble reportedly began when a Tajik vehicle …

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Boss of major crypto exchange sued over alleged fraud

According to the complaint, in June 2019 Armstrong offered financial backing to Knowledgr, a platform used to distribute scientific papers with tokens offered as an incentive. He also promised the opportunity to list the tokens on Coinbase.  All that was done so he could use confidential information for ResearchHub, a …

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Russia’s foreign exchange reserves increase by $1.8 billion in one week

Forex reserves totaled $595.6 billion compared to $593.8 billion a week earlier. Russia’s international reserves are highly liquid foreign assets consisting of monetary gold, foreign currencies and Special Drawing Rights, which are at the disposal of the Central Bank of Russia and the government. The latest growth is reportedly attributed …

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China’s foreign exchange reserves soar to $3.2 TRILLION

The increase was due to the US dollar’s decline against other major currencies held in the reserves, along with rises in global asset prices, China’s central bank said in a statement on Friday. The Chinese yuan appreciated 1.2% against the dollar in April, while the greenback dropped 2.1% against a …

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