US foreign policy undermining reliability of dollar, Russia warns, as Moscow contemplates new rival to Western payment systems

A top Russian diplomat has warned that the US dollar is becoming an increasingly risky currency on which to base global financial transactions, because Washington is linking its currency more and more to its foreign policy aims. … Read More >US foreign policy undermining reliability of dollar, Russia warns, as Moscow contemplates new rival to Western payment systems

‘No time to wait’: French economy minister lashes out at Germany for delaying approval of EU coronavirus relief plan

France’s Minister for Economy, Finance and Recovery, Bruno Le Maire, has scolded Germany for delaying an EU Covid-19 aid package, after that country’s top court paused its ratification last week. … Read More >‘No time to wait’: French economy minister lashes out at Germany for delaying approval of EU coronavirus relief plan

Moscow and Saint Petersburg in top 10 for annual house price-rises as Russia’s property boom continues during Covid-19 pandemic

New figures from the Global House Price Index have revealed that the cost of buying property in Moscow rose by a whopping 21.1% in the last year, putting the Russian capital into 7th place on the planet for annual price increases. … Read More >Moscow and Saint Petersburg in top 10 for annual house price-rises as Russia’s property boom continues during Covid-19 pandemic