Tue, 21-Oct-2025

Russia adds 551.4 billion roubles to emergency reserve fund

The Russian government has added $9.5 billion to its emergency reserve fund. Extra revenues from oil and gas exports have contributed to the increase in reserves. Russia’s economy is on the verge of its worst downturn in two decades, with inflation at highest level in 20 years. On Thursday, the Russian government added 551.4 billion … Read more

Mexico to reserve lithium exploitation for nation, says president

Mexico president

MEXICO CITY: Mexico’s President Andres Manuel Lopez Obrador said Friday he has proposed lawmakers pass a law to make lithium exploration and production the exclusive right of the state. The measure is part of proposed reforms regarding the electricity industry that his administration submitted to Congress on Thursday, which aim to strengthen the state-owned Federal … Read more