Economic ties between Russia and Egypt are developing successfully, according to President Vladimir Putin. He met with his Egyptian counterpart Abdel Fatah el-Sisi in Sochi on Wednesday. Read Full Article at RT.com

The US dollar could severely depreciate against the euro by 2024, says forex analyst Ulf Lindahl, chief executive officer of A.G. Bisset Associates. He says the greenback is entering the cycle of losses. Read Full Article at RT.com

Poland's state natural gas company has signed a 20-year deal to buy liquefied natural gas (LNG) from the US. In order to cut dependence on Russian energy, the country is willing to pay more for gas from America. Read Full Article at RT.com

China and Japan – the two main holders of the US Treasury securities – have trimmed their ownership of notes and bonds in August, according to the latest figures from the US Treasury Department, released on Tuesday. Read Full Article at RT.com

Canada has legalized the possession and use of recreational marijuana, making it the world’s second and largest country with a legal national cannabis marketplace. Read Full Article at RT.com

Hungary’s central bank has announced the country has boosted its gold reserves tenfold to 31.5 tons. The regulator says it wants to improve the security of the nation’s wealth and to reduce risks. Read Full Article at RT.com

The US sanctions threat against Saudi Arabia will likely remain only a threat, analysts have told RT. The kingdom is a major buyer of American arms and is also a huge holder of US Treasury bonds which makes sanctions improbable. Read Full Article at RT.com

Washington’s aggressive policy against Moscow could be a sufficient reason behind the recent fall of the dollar’s share of global central-bank reserves, according to economist at US multinational investment bank Goldman Sachs. Read Full Article at RT.com

Russia is interested in opening a direct air service to Syria from the Crimean Peninsula, according to Crimea’s regional governor Sergey Aksyonov. Read Full Article at RT.com

Volkswagen’s subsidiary Audi agreed to pay an €800 million ($926 million) fine in Germany to settle a probe over the carmaker’s role in the emissions cheating scandal that shook the auto industry three years ago. Read Full Article at RT.com

The ongoing sell-offs in equity markets are drawing slight parallels with the crash of the late 1980s, according to Simon Derrick, chief currency strategist at BNY Mellon. Read Full Article at RT.com

The US federal budget deficit jumped to $779 billion in fiscal year 2018, which ended September 30. It is the largest deficit since 2012, when it topped $1 trillion, according to the Treasury Department. Read Full Article at RT.com

Russia is financially stable despite sanctions, President Vladimir Putin said at a meeting with Central Bank officials on Tuesday. Higher reserves and falling dependence on oil are the key factors, according to the president. Read Full Article at RT.com

The Russian government is working on the details of a de-dollarization plan announced earlier in October. The program’s key point is to make it more profitable for key Russian exporters to use rubles instead of dollars. Read Full Article at RT.com

Russian and British companies could switch to settlements in rubles and pounds, abandoning US currency transactions, in case of political and economic necessity, said Boris Abramov, Russian trade representative in the UK. Read Full Article at RT.com

Tehran is set to counter US sanctions which threaten to shut down markets for Iranian crude. The Islamic Republic has found new partners to buy its oil, according to First Vice President Eshaq Jahangiri. Read Full Article at RT.com

The US economy is on the rise, but its expansion is coming to an end, warns Scott Minerd, Global Chief Investment Officer at investment firm Guggenheim Partners. Read Full Article at RT.com

Crude prices were surging on Monday as the rift between Saudi Arabia and the United States heats up. As Washington considers sanctions against Riyadh over a missing journalist, the future of the oil market is in question. Read Full Article at RT.com

South African President Cyril Ramaphosa has promised to speed up the controversial land reform proposed by the ruling African National Congress (ANC) earlier this year. Read Full Article at RT.com

Transitioning to mutual settlements in national currencies could open prospects for countries of the Shanghai Cooperation Organization (SCO), according to Russian Prime Minister Dmitry Medvedev. Read Full Article at RT.com