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Tag Archives: Economy

Russia developing financial battle plan in case of Western attack on economy or sanctions against sovereign debt, diplomat reveals

“There is clearly a deliberate calculation to create a toxic atmosphere around Russian securities in order to reduce their investment potential,” Deputy Foreign Minister Alexander Pankin told RIA Novosti on Monday. “These possible new restrictions on government bonds are a double-edged sword, and they would clearly harm America’s financial institutions,” …

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China becomes only major economy to record growth during pandemic

In a dramatic turnaround since the deadly virus rattled the world’s second-largest economy at the start of 2020, China’s gross domestic product (GDP) jumped 6.5 percent in the final quarter compared to a year earlier, according to official data released by the National Bureau of Statistics on Monday. The result …

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