Although U.S. officials have cautioned against seizing Russia’s reserves in foreign banks, others say it’s “crazy” not to after Moscow’s war of aggression.
Tag: Economic Conditions and Trends
-
China’s Rise Relied on the West. Xi Jinping Is Turning Away.
The Chinese leader has edged ever closer to Russia, while distancing China from countries that have helped it develop over the past four decades.
-
Bank of England to Weigh a Rate Increase After a Jump in Inflation
As policymakers assess an inflation rate that persists in double digits, as well as risks in the banking sector, analysts predict a quarter-point increase.
-
U.K. Inflation Swings Upward, in a U-Turn
Prices in Britain reversed a recent downward trend, rising by 10.4 percent in the year through February.