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Ukraine faces battlefield challenges as Russia warns of retaliation for attacks, while Germany reportedly seeks covert arms deals to aid Kiev.

Russia’s international reserves hit all-time high – central bank

RT (Russia Today)Friday, July 4, 2025 at 7:52:39 AM
Russia’s international reserves hit all-time high – central bank
Russia's central bank just reported that the country's international reserves—essentially its rainy-day fund of foreign cash and gold—have reached a record high, swelling by nearly $10 billion in under a month. Despite Western sanctions, Moscow keeps stacking up its financial safety net.
Editor’s Note: On paper, this looks like Russia's economy is weathering sanctions better than expected. But reserves alone don’t tell the full story—it’s also about how usable they are and what’s being sacrificed to build them up. For markets and policymakers, it’s a signal that the financial standoff between Russia and the West isn’t going as one-sided as some predicted.
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