Press
Showing 361-380 of 871 Items
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US, G7 freeze Russian gold amid Ukraine war: All you need to know
As the Russia-Ukraine war enters its second month, Western powers have taken new action aimed at destabilising Russia’s sanctions-hit economy following its invasion of Ukraine...
By Rachel Ziemba
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EXPLAINER: How the US and allies can freeze Russian gold
The U.S. and its allies said Thursday they’re moving to block financial transactions with Russia’s Central Bank that involve gold, aiming to further restrict the country’s abi...
By Rachel Ziemba
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‘We’re going back to a USSR’: queues return for Russian shoppers
The lines for sugar in Saratov were hard not to compare to the Soviet era, part of a recent run on Russian staples that have revived fears that the Kremlin’s invasion in Ukrai...
By Elina Ribakova
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Joe Biden arrives in Europe for summits as Zelenskiy says Ukraine awaits ‘meaningful steps’
Joe Biden has arrived in Europe for a four-day trip with the aim of keeping up pressure on Russia over its invasion of Ukraine, amid sanctions fatigue and splits over energy s...
By Edward Fishman
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Surveillance Risks Shape How Central Banks Test Digital Currencies
Beijing has released few details about e-CNY’s underlying technologies. Publicly available data suggest a centralized system that allows authorities to monitor transactions in...
By Yaya J. Fanusie
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‘Resistance for Ukrainians is part of their soul’: Zelensky
Ukrainian President Volodymyr Zelensky is set to virtually deliver his address to the Japanese parliament on Wednesday to rally international support for his country’s fight a...
By Edward Fishman
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Latam stocks, FX up for fifth day on commodities boost
The country's central bank considered a lower rate hike of at least 75 basis points this month, but decided a 100-basis-point increase would be "timelier" given inflationary p...
By Rachel Ziemba
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White House believes Russia is seeing a big drop in oil sales, imperiling key source of funding
“Ultimately there is enough demand for oil — enough folks who need and want oil around the world, including countries outside the sanctions coalition — that eventually that oi...
By Edward Fishman
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China’s Financial Foil
Chinaʼs desire to escape the shadow of the U.S. dollar and build an alternative infrastructure for global finance is being stymied by one major factor: Its reluctance to loose...
By Emily Jin
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Indo-Pacific Security / Energy, Economics & Security
China’s Financial FoilChina’s desire to escape the shadow of the U.S. dollar and build an alternative infrastructure for global finance is being stymied by one major factor: Its reluctance to loose...
By Andrea Kendall-Taylor
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Is seizing the yachts & mansions of Russian oligarchs enough? No.
Rachel Ziemba who assesses country risk at the Center for a New American Security also notes that there have been interesting moves into US-linked cryptocurrency and other liq...
By Rachel Ziemba
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War in Ukraine, Fed Rate Hikes & Inflation: How Will These Events Affect Bitcoin?
Alex Zerden — founder of Capitol Peak Strategies, adjunct senior fellow at Center for a New American Security (CNAS) and a former Treasury Department official — told GOBanking...
By Alex Zerden
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Transatlantic Security / Energy, Economics & Security
U.S. Casts a Global Net to Stop Shipments to RussiaEmily Kilcrease, director of the Energy, Economics and Security Program at the Center for a New American Security, said that the level of allied cooperation in forging the exp...
By Emily Kilcrease
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Transatlantic Security / Energy, Economics & Security
CEOs seek their own State DepartmentsThe current secretary of State, Antony Blinken, co-founded WestExec Advisors, where the current director of national intelligence, Avril Haines, and current White House press ...
By Richard Fontaine
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Russia is testing the West's favorite weapon
The unprecedented sanctions the West imposed on Russia have hobbled its economy and are hurting the global system, too. But their primary purpose, arguably, is to stop the fig...
By Edward Fishman
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Biden administration tries to cut off Chinese lifeline to Russia
The official declined to comment on the type of military assistance Russia has requested but said the United States held “deep concerns about China’s alignment with Russia” am...
By Emily Kilcrease
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Experts fear political use of digital yuan
Beijing might have another motive in mind for its digital yuan: gathering transaction data. The e-CNY is a “data issue,” said Yaya Fanusie, Adjunct Senior Fellow at the Center...
By Yaya J. Fanusie
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Brazilian real leads declines in Latam with eyes on rate move
A Reuters poll sees the central bank raising its key rate by 100 basis points on Thursday and evaluate an escalation of its already aggressive policy tightening as red-hot glo...
By Rachel Ziemba
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Russia's efforts to salvage economy could have devastating impacts
Russia's ties to the global economy are rapidly unwinding as crushing sanctions and the Kremlin's response upend decades of post-Soviet reforms. The Kremlin announced strict ...
By Emily Kilcrease
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Bitcoin's 'tug-of-war' during Russia-Ukraine crisis stirs debate about the future
Reuters recently reported that Russian crypto owners were trying to liquidate billions in in the United Arab Emirates (UAE), which has not levied sanctions against Russia. Yet...
By Jason Bartlett