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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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Russia’s gold & foreign currency reserves break through $590 BILLION

“International reserves stood at $590.5 billion as of April 30… as a result of foreign exchange purchases under the fiscal rule, as well as a positive revaluation,” the regulator said. Russia’s international reserves are highly liquid foreign assets comprising stocks of monetary gold, foreign currencies, and Special Drawing Rights (SDR) …

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US’ new Foreign Malign Influence Center is just official cover for American intelligence interference in domestic politics

The Office of the Director of National Intelligence (ODNI) announced in a statement on Monday that it was creating a new intelligence “center” focused on tracking so-called “foreign malign influence,” reported Politico.  This new entity, known as the Foreign Malign Influence Center, was mandated in the recent intelligence and defense …

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China will support Russia over new American sanctions, Beijing’s Foreign Ministry announces, insisting US should ‘respect’ Moscow

Speaking to journalists on Monday, Chinese Foreign Ministry spokesman Wang Wenbin said his government was “strongly opposed to the use of unilateral sanctions” and would work with its allies to reduce their impact. “China and Russia maintain a comprehensive partnership with each other,” the official said. ”In matters of protecting …

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