Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax policy, tariffs, China, Russia sanctions and the IRS.

The Russian ruble is back. The USD/RUB exchange rate has retreated from last year’s high of 114.45 to the current 98.30, its ...

The Baltic states of Lithuania, Latvia and Estonia are bracing themselves for possible retaliation as they decouple from ...

Russia attempted to use the Akkuyu Nuclear Power Plant (NPP) project in Türkiye in 2022 to create an "offshore dollar reserve" to help Moscow circumvent Western sanctions. Source: The Wall Street ...

In general, Russia has been provided with recoverable reserves of natural gas at the current production ... and 11 billion rubles have also been allocated from the federal budget for 2025. Government ...