China & Russia abandon use of US dollars

China & Russia abandon use of US dollars

After years of talking about abandoning the US dollar, Russia and China are doing it for real. In the first quarter of 2020, the share of the dollar in trade between the countries fell below 50 percent for the first time. To give an indication of the scale of the...
US travellers remain barred from EU

US travellers remain barred from EU

BRUSSELS. — Travellers from the United States remain barred from the European Union, as it’s not on the bloc’s initial list of “safe” countries issued by EU governments yesterday. The EU yesterday agreed to open its borders to 14 countries from July 1, but the US will...