The United States can recognize Russia as a currency manipulator

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The United States can add Russia to the list of currency manipulators. In this list, the US administration records those countries that, according to the US Treasury Department, manipulate the national currency in order to achieve trade advantages.  

As it became known to the agency Bloomberg, the US financial department will expand the annually published list of so-called currency manipulators from 12 to 20 countries. This was reported to the agency by informed sources.  

According to their information, the document will be made public this month. It will include Russia, as well as Thailand, Indonesia, Vietnam, Ireland and Malaysia. It is noted that the trade balance of these countries with the United States has a surplus.  

At the same time, India and South Korea will be excluded from the list.

This document is more symbolic, but the agency warns that getting into the US list of currency manipulators can cause negative market consequences. 

Lukashenko estimated at hundreds of millions of dollars damage from oil from the Russian Federation

The amount of damage that was caused to the equipment of Belarusian refineries due to the supply of substandard oil from Russia will be announced on the basis of the results of the audit. This was stated by the President of Belarus Alexander Lukashenko. At the same time, he noted that now we can talk about “huge money.”

“We have not received a certain profit, foreign exchange earnings, transit …”  BelTA quotes Lukashenko as quoting  .

The Belarusian leader added that we are talking about hundreds of millions of dollars. He noted that this amount is often called the media, and it is close to the truth.

Lukashenko said that he had not yet discussed the problem with Russian President Vladimir Putin, but expressed confidence that a colleague “understands that the damage must be compensated.”

Putin previously stated that the expected damage from the flow of contaminated oil into the Druzhba pipeline is great, and demanded an investigation into the circumstances of the incident. In particular, he noted that Russia had suffered considerable financial and image damage in connection with the incident.

The investigation considers the reason for the ingress of oil contaminated with chlorine-containing compounds into the pipeline to be a result of deliberate acts committed to conceal the theft. This week, the  court arrested four suspects  – the leaders of a number of Samara oil companies. Two more suspects declared wanted.

Ukraine deprived the pensions of residents of Donbass who received Russian passports

Ukrainians who have received or will receive Russian passports in the future will be deprived of Ukrainian social benefits and pensions, said the Minister for Veterans’ Affairs in the Ukrainian government, Irina Freese. This proposal is being processed and is likely to be accepted, the official said.

After it was decided not to recognize Russian passports issued to Ukrainians, a series of pensions began. In her Facebook account, Minister Irina Freese noted that the passports of the Russian Federation threaten the sovereignty of Ukraine and international law, they will not be recognized by Kiev, and pensions paid to residents of Donbass will no longer be paid.

It is worth recalling that the Ukrainian authorities stopped paying pensions and making other social payments in the territories controlled by the DPR and the LPR, from the very beginning of the conflict in 2014. Some pensioners go to Ukraine for their pensions, but the number of those in the Donbas is small.

Earlier, the Ukrainian authorities announced that they did not recognize the decision of Russia to issue passports to certain categories of citizens of the Square.

2 Comments on “The United States can recognize Russia as a currency manipulator”

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