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Malaysia seeks to recoup around $5 billion worth of state fund-linked assets

Malaysia seeks to recoup around $5 billion worth of state fund-linked assets

Malaysian authorities intensified efforts to recover funds which have been siphoned from the 1Malaysia Development Berhad (1MDB) fund at the
Maxine Waters blasts Facebook’s cryptocurrency

Maxine Waters blasts Facebook’s cryptocurrency

House Financial Services Committee chair Maxine Waters (D-California) may have finally found something she opposes more than President Donald Trump:
Biggest investor in the Russian economy is… the United States

Biggest investor in the Russian economy is… the United States

US investment in Russia was 13 times bigger than official numbers show, statistics released by the United Nations Conference on
Russia’s gold & foreign exchange reserves exceed $500 billion

Russia’s gold & foreign exchange reserves exceed $500 billion

The Central Bank of Russia (CBR) reported Thursday that the country’s international reserves amounted to $502.7 billion last week, thus
Beijing answers Trump’s tariffs with massive gold-buying spree

Beijing answers Trump’s tariffs with massive gold-buying spree

China’s vast gold stockpile saw another boost in May, marking an ongoing increase for a sixth straight month, according to
Oil just had its worst run since 2008

Oil just had its worst run since 2008

Oil has entered a bear market as fears of an economic downturn mount. The fundamentals look much tighter than the
Deutsche Bank confiscates 20 tons of Venezuelan gold after default on swap agreement

Deutsche Bank confiscates 20 tons of Venezuelan gold after default on swap agreement

Germany’s biggest lender, Deutsche Bank, has taken control of 20 tons of gold belonging to Venezuela as collateral after Caracas
Russia & China agree to bilateral trade in national currencies during Putin-Xi meeting

Russia & China agree to bilateral trade in national currencies during Putin-Xi meeting

Russia and China took another step away from the US dollar after the two countries agreed to develop bilateral trade