the Federal Reserve should stay independent, and that he is ready to impose tougher sanctions on Russia’s oil sector. Mr Bessent, testifying at a Senate Finance Committee confirmation hearing ...

Russia's National Wealth Fund reserves fell by 1.22 trillion rubles (some $11.7 billion) in December 2024 compared to the previous month to 11.88 trillion rubles (around $116 billion). The Russian ...

Russia spent almost a quarter of the national wealth fund’s available reserves last year to keep the economy on a war footing and finance its invasion of Ukraine. The National Wellbeing Fund ...

KYIV, Ukraine — Russia on Wednesday launched a major ballistic and cruise missile attack on regions across Ukraine, targeting energy production and compelling authorities to shut down the power ...

Despite these storage percentages, Portugal has the third-smallest gas reserve in Europe ... and Austria have continued to rely on Russian pipeline gas since the invasion. According to the ...

Russia launched a barrage of missiles and drones at Ukraine on Wednesday, targeting gas infrastructure and other energy facilities in western regions in a new attack on the struggling power ...

Russia could run out of liquid reserves as soon as this fall, one European economist has said. The nation's liquid reserves have dwindled to $31 billion, down from $117 billion in 2021.

The Russian army is strengthening its positions in villages around the key eastern Ukrainian town of Pokrovsk in an attempt to encircle it and lay siege to a vital transport hub linking embattled ...