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Lukashenka inaugurated
Belarus inaugurated Lukashenka for his 6th consecutive term. The ceremony was not announced in advance. Usually the event is trailed and broadcast live on TV.The public was take...
Russia and the West: Recent developments seal the split; economy to adjust
The Russian ruble remained under pressure for some time, aggravated recently by fears of the COVID-19 pandemic's regaining momentum (both in Russia and Western Europe) and poten...
Russia's gold reserves highest ever
On September 22 it was reported that Russian banks increased their gold reserves by 25% in August. Reserves are now 121 tonnes. That is 10% greater than the previous all time hi...
KUWAIT: Moody’s downgrades two notches as politics threaten liquidity
The downgrade came amidst an impasse between the government and parliament about financing the large deficit, either through a debt law or by drawing on sovereign wealth. This i...