Russia has effectively abandoned attempts to replace the dollar with China’s yuan under the pressure of US secondary sanctions, underlining the difficulties facing other nations looking for an alternative global currency
Russia is waging two wars. The first is the live-fire conflict in Ukraine, the second a more covert affair targeting countries that support the government in Kyiv. Read more:
📷: Norbert Ofmanski/AP
Russia's crude exports slumped last week amid a halt to activity at the Pacific port of Kozmino, most likely the result of maintenance work, writes @JLeeEnergy