Russia recorded a budget deficit of more than 3 trillion roubles for the third year running in 2024, the finance ministry ...
Scott Bessent, tapped by Donald Trump to be treasury secretary, faced sharp questions from Democrats and Republicans on tax ...
President-elect Donald Trump's pick for Treasury secretary, Scott Bessent, said on Thursday that the dollar should remain the ...
President-elect Donald Trump’s pick for Treasury secretary testified Thursday before the Senate Banking Committee.
US President-elect Donald Trump's pick for treasury secretary, Scott Bessent, took part in a confirmation hearing with ...
Russia has declared a federal state of emergency over an oil ... and allocated 1.2 billion rubles [just over $11 million] from the reserve fund. We have systematically approached beach cleanup ...
Starting February 2025, Russian banks will acquire a new tool to combat suspected fraud involving the digital ruble, Russia’s new ... must clarify that the Federal Reserve has no authority ...
when defense will make up 32.5% of Russia's federal budget, up from 28.3% this year. While soaring defense spending has fueled Russia's economy in recent years, it has also contributed to rising ...
Mr Scott Bessent is a hedge fund manager and founder of Key Square Capital Management. Read more at straitstimes.com.