Russia has eliminated US currency from its National Wealth Fund while boosting the share of the euro, the Chinese yuan and gold, the country’s Finance Ministry announced on Tuesday.The proportion of US dollars in the fund was reduced from 35% to zero, while the share of the British pound was lowered to 5%. The shares of the euro and the Chinese yuan were increased to 39.7% and to 30.4%, respectively. The share of the Japanese yen stands at 4.7% and the share of non-cash gold is 20.2%, the official statement by the Finance Ministry reads.
Source: Russia’s sovereign wealth fund cuts US dollar reserves to ZERO — RT Business News
and…
“On July 7, Charge d’affaires of the Estonian Embassy in Russia Ulla Uibo was summoned by the Russian Foreign Ministry. The Russian side expressed resolute protest in relation to the activity tied to the collection of intelligence data incompatible with the diplomatic status of Consul of the Estonian Consulate General in St. Petersburg Mart Lyatte. The aforementioned employee of the Estonian Consulate was declared persona non grata, he is to leave the territory of the Russian Federation within 48 hours,” the message says.
Hmm…
WtR