MNI: Fed In No Hurry, Cuts Likely Over Medium-Term - Jefferson

MNI BRIEF: Japan Dec Positive Real Wages Widen To 0.6%

MNI BRIEF: NZ Unemployment At 5.1% Over Q4

MNI CNB WATCH: Steer Means 25Bps Cut To 3.75% "Very Likely"

MNI BRIEF: US Treasury Lowers Q1 Borrowing Estimate By $9B

MNI BRIEF: Fed's Bostic In Wait And See Mode On Rates

EZ/UK T-Bill Calendar: 3/6/12-Month EU-Bills Auction Wednesday

EZ/UK Bond Supply Calendar: Green Gilt Auction on Wednesday

EZ/UK Bond Supply Calendar: Green Gilt Auction on Wednesday

GERMANY: Economy Ministry Lowers 2025 Growth Forecast As Expected

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

GERMANY: Kukies Considers Potential Non-Implementation Of 2024 Suppl' Budget

© 1982-2025 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

RUSSIA: Trump Reiterates 100% Tariffs if BRICS Seek to Replace USD

RUSSIA
CEEMEAEM BulletRussiaBulletEmerging Market News
  • President Trump reiterated the US requires a commitment from BRICS countries that they will not replace the dollar or they will face “100% tariffs,” according to a post on Truth Social. “There is no chance that BRICS will replace the U.S. Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America,” he says.
  • The higher inflation rates in Russia in 2020-2024 were driven by the faster growth of the money supply, largely because the government suspended the fiscal rule that set aside extra oil and gas revenues, Vedomosti report citing an article in the Voprosy Ekonomiki journal.
  • Prime Minister Mikhail Mishustin concludes an official visit to Kazakhstan. There are no major data releases scheduled for today.
125 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
  • President Trump reiterated the US requires a commitment from BRICS countries that they will not replace the dollar or they will face “100% tariffs,” according to a post on Truth Social. “There is no chance that BRICS will replace the U.S. Dollar in International Trade, or anywhere else, and any Country that tries should say hello to Tariffs, and goodbye to America,” he says.
  • The higher inflation rates in Russia in 2020-2024 were driven by the faster growth of the money supply, largely because the government suspended the fiscal rule that set aside extra oil and gas revenues, Vedomosti report citing an article in the Voprosy Ekonomiki journal.
  • Prime Minister Mikhail Mishustin concludes an official visit to Kazakhstan. There are no major data releases scheduled for today.