Russia was aware of Western involvement in Ukraine even before the documents were leaked online, Dmitry Peskov said Moscow already knows the US and NATO are involved in the Ukraine conflict, President Vladimir Putin’s spokesman said on Friday, when asked about the implications of American military documents that had appeared online.
The Russian currency has been weakening as the country’s imports keep growing, while export revenues are reportedly in decline The Russian ruble suffered its biggest intraday fall of the year on Friday, having shed more than 2% to the lowest levels versus the US dollar and the euro since April 2022. However, the currency recovered…
The banking crisis has heightened risk of an economic downturn, the Wall Street bank claims The recent turmoil in the financial industry caused by the collapse of Silicon Valley Bank (SVB) has made a US recession more likely, JPMorgan Chase CEO Jamie Dimon has warned, noting that lenders are now tightening credit.