Tag: surplus
Russia posts record current account surplus
Surging commodity prices have boosted the country’s energy exports, the central bank has said Russia’s current account surplus almost doubled last year and hit a record high amid rising global energy prices and despite the imposition of Western sanctions, the country’s central bank reported on Tuesday. The current account – which measures the difference between outgoing funds and money coming into the country through trade,…
Friendship is free: The beloved surplus store saved by New Yorkers
Subscribe to our YouTube channel for free here: https://sc.mp/subscribe-youtube At the height of the Covid-19 pandemic, Henry Yao thought he would have to give up and shutter Army & Navy Bags, his tiny surplus store in New York City that he has run for about a decade. But little did Yao know that he was beloved by many New Yorkers for his kindness and friendliness,…