U.S. Department of the Treasury - Page 5

U.S. Poised to Force Russian Debt Default

The U.S. will close the last avenue for Russia to pay its billions in debt back to international investors on Wednesday, making a Russian default on its debts for the first time since the Bolshevik Revolution all but inevitable.

Inflation Banks - GLASGOW, SCOTLAND - NOVEMBER 03: US Treasury Secretary Janet Yellen take

China’s Belt and Road Reaches Central America

China’s state-run Global Times on Wednesday celebrated the inauguration of leftist dictator Daniel Ortega – beginning his fourth term as president of Nicaragua after a rigged election denounced by worldwide democracy activists and the Organization of American States – as a big victory for China’s Belt and Road Initiative (BRI).

A woman and children walk by a mural depicting Nicaragua's President Daniel Ortega in Mana