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Will dollar be rejected as global currency?

U.S. actions have provoked a number of countries to switch towards trading in national currencies, and Turkey is actively discussing it with Russia, China and other countries," Turkish President Recep Tayyip Erdogan’s …

What does Merkel bring to Baku?

One of the key topics of Chancellor Angela Merkel's forthcoming visit to Azerbaijan - a country leading in economic cooperation with the European Union in the South Caucasus - will be the prospects of economic …

Ruble currency storm put on hold

Russia's ruble exchange rate rose today on the Moscow Exchange. At the moment of the opening of the stock exchange US currency traded at 67.11 rubles, in an hour it reached a low of 66.51 rubles, as of 11:10am (MSK).  …

Iran's Ayatollah wants 'no negotiations with the US'

Iran's supreme leader said Monday there would be neither war nor negotiations with the United States, and that the country's problems were the result of government mismanagement more than renewed sanctions. As SBS News writes in …