Venezuelan sovereign bonds soar 90% as US allows the return of American investors

Tech Insider
nicolas maduro
Venezuela's President Nicolas Maduro.

Reuters

Russia is using bags of cash and diamonds to avoid sanctions and fund its weapons program, expert says

Tech Insider
Russian diamonds
An employee inspects rough diamonds in Alrosa Diamond Sorting Center in the town of Mirny, Russia, on July 1, 2019.

ALEXANDER NEMENOV/AFP via Getty Images

Gasoline prices are heading lower after Saudi Arabia pushed oil prices too high and crushed demand, analyst says

Tech Insider : Economy
gas pump prices cars

AP Photo/Gene J. Puskar

Russia's use of the Chinese yuan surges as the Kremlin looks to bypass sanctions

Tech Insider : Economy
One Chinese yuan bill lying on top of a US dollar bill.
One Chinese yuan bill lying on top of a US dollar bill.

Getty Images

Russia's EU neighbors are banning Russian vehicles from entering their countries as the bloc toughens sanctions

Tech Insider : Economy, Politics
Cars with Russian number plates wait to cross the border from Russia to Finland at the Nuijamaa border checkpoint in Lappeenranta, Finland, on September 22, 2022.
Cars with Russian number plates wait to cross the border from Russia to Finland at the Nuijamaa border checkpoint in Lappeenranta, Finland, on September 22, 2022.

Lauri Heino/Lehtikuva/AFP/Getty Images

An oligarch who predicted that Russia may run out of money next year is surprised the economy has held up so far

Tech Insider : Economy, Politics, Economy
Vladimir Putin and Oleg Deripaska.
Composite image of Vladimir Putin and Russian tycoon Oleg Deripaska.

Getty Images

Former Treasury Secretary Larry Summers says Ukraine's needs are 'enormously expensive' for the US to finance - and frozen Russian assets should be used instead

Tech Insider : Economy
Larry Summers
Former US Treasury secretary Larry Summers.

Michel Euler/AP Photo

De-dollarization would require governments to sever political and economic ties with US

Tech Insider : Economy
100 dollar pill puzzle being put together .

C.J. Burton/Getty Images

Ukraine looks to seize interest on Russia's frozen assets as Kyiv scrambles for wartime funds

Tech Insider : Economy
Ukraine tank near Zaporizhzhia
A Ukrainian tank during firing practice process at special shooting range near the frontline in Zaporizhzhia, Ukraine on March 29, 2023.

Muhammed Enes Yildirim/Anadolu Agency via Getty Images

Putin is scared that an arms deal with Kim Jong Un will make him even more of a global pariah, experts say

Tech Insider
North Korea's leader Kim Jong Un and Russian President Vladimir Putin shaking hands during their meeting at the Vostochny Cosmodrome in Amur region on September 13, 2023.
North Korea's leader Kim Jong Un and Russian President Vladimir Putin shaking hands during their meeting at the Vostochny Cosmodrome in Amur on September 13, 2023.

Vladimir Smirnov/Getty Images

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