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Russia has been selling off some of its gold reserves to finance the war, but even that desperate move won’t work forever. Russia’s central bank has about 2,330 tons of gold in its reserves (worth about $300 billion) and the National Wealth Fund held...

Exactly 80 years ago today German U-Boat Commander Heinz Wilhelm Eck was executed by firing squad, along with two other officers under his command. In 1944, Eck’s submarine torpedoed the Greek merchant ship Peleus. Eck ordered the U-852 to surface....