Source link Ukraine urgently needs more air defense missiles, but Berlin doesn’t have any to give, German Foreign Minister Annalena Baerbock said on Tuesday. Baerbock spoke with reporters after meeting with her Moldovan counterpart, Mihai Popsoi, in Berlin. “Unfortunately, the stocks, especially our own Patriot systems, are now pretty much exhausted,” she said. “Therefore I […]
Source link The country’s holdings rose by more than $5 billion over a two-week period, official data shows Russia has continued to boost its foreign currency reserves, which reached $598.5 billion as of January 5, according to the country’s central bank. This represents an increase of $5.1 billion in the two-week period since December 22. […]
Source link Discussions about outright seizure of Moscow’s withheld assets have recently become more frequent in Western capitals Russia is preparing to mount a legal battle to prevent its reserves frozen in the West from being seized, Bloomberg News reported on Friday. An estimated $300 billion worth of Russian assets were frozen last March as […]
Source link Supplies of natural gas in the EU’s underground storage facilities continue to shrink as cold weather is forcing more fuel to be used for heating, Interfax reported on Tuesday. Gas inventories in the EU, one of the key indicators for the global market, fell to 85% full in early January after the bloc […]
Source link Russia’s foreign currency reserves have continued to grow, surpassing $593 billion as of December 22, the country’s central bank has reported. Statistics show the volume of international reserves increased by $5.5 billion, or 0.9%, in the week from December 15, largely due to “a positive market revaluation.” The stockpile reached a historic high […]
Source link Russian gold reserves surpassed the all-time high in monetary terms, reaching $151.9 billion in November, according to the latest data released by the Bank of Russia. The stockpile surged 2.2%, or $3.198 billion month-over-month; however, in physical terms, the country’s gold reserves declined by about 16 tons to 2,315 tons, decreasing for the […]
Source link The repeated release of crude oil from the US Strategic Petroleum Reserve (SPR) by the Biden administration has left the national stockpile at its lowest in more than 30 years, according to US Oil and Gas Association President Tim Stewart. In an interview with Fox News on Sunday about the Biden administration’s approach […]