Washington has been actively selling from its Strategic Petroleum Reserve (SPR) over the past year to keep energy prices from…
The European Union has frozen roughly €23 billion ($24.5 billion) worth of assets of the Russian Central Bank, Reuters reported,…
China has called on Western states to refrain from freezing the foreign reserves of other nations, saying that the measure…
Ukraine is expecting to be granted access to $400 billion worth of frozen Russian assets for the country’s reconstruction fund, President…
US President Joe Biden unveiled a two-pronged plan on Thursday to lower gas prices by increasing supply and decreasing demand,…
Countries globally may soon have to create ruble reserves within their domestic economies if they wish to continue to buy…
Russia’s foreign exchange reserves had to be kept abroad and nothing could have been done to avoid a freeze of…
British Prime Minister, Boris Johnson, has called on allies to consider preventing Russia from accessing its gold reserves amid the…
Global economies will be rethinking how safe it is to rely on the US dollar in their foreign currency holdings,…
US Treasury Secretary Janet Yellen will meet this week with a bipartisan group of senators to discuss the opportunity of…