Last week, in the global currency war’s latest escalation, Kazakhstan instituted a free float for the tenge. The currency immediately plunged by some 25%. The rationale behind…
The sanctions imposed by the EU against Russia and Moscow's retaliation would cost Europeans 100 billion euros in economic development and jeopardize up to 2.5…
As a wobbly cease-fire keeps eastern Ukraine’s warring factions apart, Russia’s ruble is conquering new territory across the breakaway republics. In Donetsk, the conflict zone’s…