Anonymous ID: c1e117 May 20, 2022, 4:12 p.m. No.16312932   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun   >>2938 >>2962

Ruble Smashes Four-Year High against USD

 

The Russian currency has reached a four-year high against the dollar and a seven-year high against the Euro. The turnaround has been propelled by capital controls, new ruble-based gas payments and looming corporate tax dues pushing up demand.

 

According to Bloomberg, the ruble has become the world's best-performing currency this year despite its sharp drop in April - sparked by unprecedented economic sanctions placed on Russia.

 

Russiaโ€™s stock indices have also been on the rise. The dollar-denominated Moscow Exchange index grew by 0.33%, while the ruble-denominated RTS index edged higher by 0.72%.

 

https://gab.com/RT/posts/108336687797044044

Anonymous ID: c1e117 May 20, 2022, 4:18 p.m. No.16312960   ๐Ÿ—„๏ธ.is ๐Ÿ”—kun

World Bank to Receive $450 Million to Start Pandemic Preparedness Fund

 

Joe Biden announced that the US would give the World Bank $450 million to start a pandemic preparedness fund, which will be run in collaboration with the World Health Organization (WHO).

 

โ€œWeโ€™re increasing our support for [a] new pandemic preparedness and global health security fund that will be established at the World Bank this summer with $450 million in seed funding,โ€ Joe Biden announced at the second Global COVID Summit.

 

Vice President Kamala Harris also said that the US would work to โ€œshape new international normsโ€ on pandemic-related issues.

 

https://www.activistpost.com/2022/05/world-bank-to-receive-450-million-to-start-pandemic-preparedness-fund.html