Tag: russia

$600bn Russian fund trapped abroad

Yes, you saw right. That’s the amount of money that Russia is trying to retrieve because after the war with Ukraine started, the US and other countries started putting sanctions upon sanctions on Russia. Russia said that the freezing is unprecedented and it has to go all out in suing the countries involved. The freeze […]

Why Russian Ruble rebounds

Reasons for that rebound include support from the Russian government, as well as ongoing purchases of Russian energy from the European Union and other nations, Jane Foley, head of FX Strategy for Rabobank London, told CBS News. Even with the broad-based sanctions, Russia continues to export oil, gas and coal, with Bloomberg Economics estimating that […]

Back To Top