Tag Archives: reserves

US Treasury Secretary Janet Yellen will meet this week with a bipartisan group of senators to discuss the opportunity of freezing Russia’s $132 billion in gold reserves, an American news website Axios reports. “Secretary Yellen regularly meets with members of Congress to discuss legislation. Additionally, Treasury staff frequently provide technical …

A study has claimed that dog waste being left behind in nature reserves is resulting in overfertilization that is damaging ecosystems by reducing biodiversity and allowing a few plants to eliminate others and the wildlife that relies on their existence. The researchers published their findings in the peer-reviewed Ecological Solutions …

The release of oil from the Strategic Petroleum Reserve (SPR) was coordinated with major Asian energy consumers, including China, India, Japan, the Republic of Korea, and the UK, according to the White House. Lowering gasoline prices is a critical part of reviving a global economy devastated by lockdown measures as …

“Today, the President is announcing that the Department of Energy will make available releases of 50 million barrels of oil from the Strategic Petroleum Reserve to lower prices for Americans and address the mismatch between demand exiting the [Covid-19] pandemic and supply,” the White House announced on its website on …

In just one week ending October 29, Russia’s international reserves increased by $1.6 billion. The growth is mainly attributed to foreign currency purchases under the current budgetary rule, the Central Bank said. Overall, since the beginning of the year, Russian holdings have soared 7.5%. The country’s international reserves, which serve …

Brent crude futures fell 0.4% to $83.43 a barrel by 4:00am GMT. US benchmark West Texas Intermediate (WTI) crude futures lost 0.5%, trading at $83.17. The downward trend came after China’s National Food and Strategic Reserves Administration announced that it had released gasoline and diesel reserves to the market on …

The regulator says the country’s international reserves rose by $4.9 billion from October 8, as a result of positive revaluation as well as foreign currency purchases within the budget rule. The holdings of monetary gold increased by 0.14% last month to 73.9 million ounces (2,298.547 tons) as of October 1, …

They grew by $17.1 billion, or 2.9%, since August 1. According to the regulator, the previous record was registered on August 27, when Russian international reserves amounted to $615.6 billion. These comprise highly liquid foreign assets including stocks of monetary gold, foreign currencies and Special Drawing Right (SDR) assets, which …

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 …

As Taliban forces were on their final push to take the Afghan capital, the West was issuing threats of reprisals, should the militants take power by force. A Taliban government would become “global pariahs,” Zalmay Khalilzad, the US special envoy to the country, warned.   The Islamists “would face non-recognition, isolation …