News list for "Russia should"
Russian President Vladimir Putin has urged his economic officials to seize the opportunity presented to the global economy by market turmoil and the intensifying trade war. Russia's trade with the United States and the European Union has fallen sharply due to sanctions, but has not been affected by Trump's tariffs. The country is now facing a prolonged period of falling oil prices and falling budget revenues. "Commodity and financial marekts are...
Russia should develop its own stablecoin pegged to other currencies after the stablecoin USDT, held by Russia-linked digital wallets, was frozen last month, a senior finance ministry official said on Wednesday. Russian regulators have allowed the experimental use of cryptocurrencies in Global Payments, which have become more difficult due to Western sanctions. Before the USDT was frozen, it was popular among Russian businesses as a payment tool. O...
