Russia’s hypothetical use of nuclear weapons may happen exclusively in extraordinary circumstances and will be possible only for defensive purposes, Russian Foreign Ministry spokeswoman Maria Zakharova told a news briefing on the sidelines of the St. Petersburg International Economic Forum (SPIEF) on Thursday. “Russia’s nuclear deterrence policy is strictly defensive. ...
US sanctions are pushing many countries to seek alternatives to the dollar for settlements, Treasury Secretary Janet Yellen admitted during her annual appearance on Tuesday before the House Financial Services Committee to discuss the state of the international financial system. Asked about the risk of de-dollarization, Yellen acknowledged that the ...