Leonid Bershidsky

Leonid Bershidsky Articles

Since December 2017, Russia has cut its holdings of U.S. foreign debt by more than half. Instead, it’s been increasing the share of gold in its international reserves. That’s understandable behavior for a country that has to deal with an...

The term “carat” comes from “carob seed,” which was standard for weighing small quantities in the Middle East.

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