Russia

Russia has left the list of 33 largest holders of US government bonds, after the country disposed of at least a third of remaining bonds, a message from the US Treasury said . . . .

The tiny nation of Kyrgyzstan has big plans. Caught between its giant trading partners, China and Russia,Kyrgyzstan is stockpiling gold. It wants to increase gold from 16 percent to 50 percent as part of its international reserve . . . .

President Trump has promised to institute trade tariffs on various imports, and some countries haven’t been happy about his actions . . . .

After Dumping Half of US Treasuries in April . . . .

The Russian central bank takes into account all risks, including geopolitical ones, while managing its gold and foreign exchange reserves . . . .

There is a quiet revolution taking place in the monetary vacuum that’s developing on the back of the erosion of the dollar’s hegemony . . . .

Putin Warns: "US Sanctions Hurt Trust in Dollar as Reserve Currency"

It’s a little-known fact in the West, but Russia has very little sovereign debt. In fact, if you ignore the corruption and misallocation of capital in the Russian economy, you could make the case that Moscow has been more financially responsible than Washington over the last several decades . . . .

Russian Central Bank Gold Reserves Rise to 1,857 Tons in January . . . .

Chinese business news and analysis portal BWChinese has outlined how, in addition to the petro-yuan, China and its Russian partners can go about creating a real global alternative to the US dollar . . . .