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Russia to electrify railroad in Iran linking Central Asia to Persian Gulf

By ethan / July 3, 2018

Russian Railways has begun works on the electrification of a railway line in Iran, the company said. Read more The project – worth $ 1.2 billion – will electrify a railroad connecting the Iranian city of Garmsar near Tehran with Ince Burun near the border with Turkmenistan. The length of the Garmsar-Ince Burun railway line […]

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Russia dumped US treasuries to keep reserves safe – central bank

By ethan / June 19, 2018

The Central Bank of Russia (CBR) commonly factors in all kinds of risks when allocating the country’s reserves, said the CBR chief, commenting on a major sell-off of US Treasury bonds. “We pursue the policy of safe and diversified holdings,” CBR Governor Elvira Nabiullina said while answering questions before Russia’s lower house of parliament. “We […]

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Peter Schmeichel visits Moscow, central hub of Russia 2018

By ethan / June 13, 2018

Years of meticulous planning and preparation have all led to this moment and now, on the eve of the first ball being kicked at Russia 2018, Peter Schmeichel pays a visit to Moscow to sample the pre-World Cup flavor. Read more Of the 11 host cities at the World Cup this summer, Moscow can be […]

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US sanctions pose no threat to Russia's financial stability – central bank

By ethan / April 10, 2018

The Central Bank of Russia (CBR) has all the tools required to mitigate the negative effects of US sanctions, its governor Elvira Nabiullina said Tuesday. Nabiullina was addressing investor and public concerns following Monday’s stock sell-off and the decline of the Russian ruble after the latest round of US sanctions targeted Russian business leaders and […]

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Central banks manipulating & suppressing gold prices – industry expert to RT

By ethan / March 18, 2018

Gold price suppression by the world’s central banks is a well-documented fact, according to Singapore’s BullionStar precious metals expert Ronan Manly. He explained to RT.com why that’s the case. Central banks have a long and colorful history of manipulating the gold price. This manipulation has taken many shapes and forms over the years. It also […]

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Polish central bank secretly funds Youtube videos attacking bitcoin – report

By ethan / February 18, 2018

Poland’s central bank has admitted to paying for social media campaigns that attacked cryptocurrencies, according to a popular Polish business news website. The central bank of Poland (Narodowy Bank Polski) spent 91,000 zloty ($ 27,100) on the campaign with the money going to Google, Facebook and a Polish Youtube partner network called Gamellon, Money.pl reports. […]

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Kingpin of global central banks calls for cryptocurrency crackdown

By ethan / February 6, 2018

The cryptocurrency bitcoin is “a combination of a bubble, a Ponzi scheme and an environmental disaster,” according to Agustin Carstens, the head of the Bank for International Settlements (BIS). Read more He called on central banks to clamp down on bitcoin and other cryptocurrencies to stop them “piggybacking” on mainstream institutions and becoming a “threat […]

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Central elections commission registers Putin as candidate for March 2018 election

By ethan / February 6, 2018

Incumbent Russian president Vladimir Putin has been registered as a candidate for the March 2018 presidential race after the authorities recognized as valid over 300,000 citizens’ signatures in support of the motion. Read more Putin is running as an independent candidate, despite broad support from several major political parties including parliamentary majority United Russia and […]

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