December 26, 2024
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Business

Russia continues stocking up on gold under Putin’s strategy

Published time: 2 Dec, 2017 06:34 The Central Bank of Russia (CBR) is increasing the country’s gold reserves to meet a goal set by President Vladimir Putin to make Russia less vulnerable to geopolitical risks. As of November, Russia had 1,801 tons of gold accounting for 17.3 percent of all reserves. Russia is the sixth largest gold owner after the United States,
Middle East

Trump may recognise Jerusalem as Israel’s capital next week

US President Donald Trump and Israel's Prime Minister Benjamin Netanyahu shake hands after delivering statements in Jerusalem in May (AFP) President Donald Trump may announce next week that the United States will recognise Jerusalem as Israel's capital, a senior administration official said on Friday, a move that would upend decades of American policy and