Switzerland has an estimated 7.7 billion Swiss francs ($8.81 billion) of Russian assets frozen in its financial institutions, the national agency overseeing sanctions announced late last week. While the figure is a provisional estimate and may be subject to change, it represents an increase on the 7.5 billion francs the Swiss authorities said they blocked last…

The revenues of the 42 American firms in the top 100 accounted for 51% of total weapons sales Sales of weapons and military services by the world’s top 100 arms makers totaled $597 billion last year, according to a report released by the Stockholm International Peace Research Institute (SIPRI) on Monday. US firms continued to…

Bullion has been on the rise amid geopolitical tensions, recession risks and possible interest rate cuts The price of gold touched an all-time peak on Monday, soaring past $2,100 per ounce as the global safe-haven rush continues.