BRICS Bank to finance members’ projects in local currencies
The New BRICS Development Bank (NDB) is set to launch payments in local currencies to invest in the private sector of...
archiverussia
Russia outlines proposal for BRICS DLT cross border payment system – Ledger Insights
A new research paper out of Russia proposes the future of the international monetary and financial system. The country is...
Bitcoin’s promise and the rationality of BSV
In the world of investing, there is a fundamental premise: the belief that you are ahead of the curve, betting...
Opinion | Why Trump, and others, should be careful in talking down the US dollar
The way in which, for example, the Biden administration has weaponised the dollar as an instrument of economic sanctions is...
China’s yuan hits internationalisation landmark with record share of global payments
Swift payment data is a major indicator for the relative status of international currencies. Other metrics include frequency of use...
Declining Global Confidence In The Dollar
Burning US five and one dollar bills, London, 8th August 2011. (Photo by Tom Stoddart/Getty Images)Getty Images On February 24,...
Sudan, Russia explore local currency trade settlement to cut forex reliance
August 17, 2024 (PORT SUDAN) – Sudan and Russia are in talks to use their local currencies for settling bilateral...
No charges against US serviceman in shooting of Chechen man
U.S. prosecutors have declined to file charges against a U.S. military service person who shot and killed Ramzan Daraev, a...
Brics+ reserve currency: Alternative or non-starter for Africa?
By CHRIS ERASMUS The Brics+ geopolitical alignment has recently emerged as one route away from what is seen is as...
Syrian-Russian talks for trade exchange using local currency
The Russian Izvestia newspaper reported that the Syrian government is holding discussions with Russia to use local currencies (the ruble...
