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China Strengthens Russia Partnership via BRICS and SCO Cooperation


China has reaffirmed its commitment to closer relations with Russia through major international platforms like BRICS and the Shanghai Cooperation Organization (SCO). At an event celebrating 75 years of diplomatic relations, State Councilor Shen Yiqin emphasized China’s readiness to bolster...

North Korea Signals Closer BRICS Relations Amid Growing Russia Ties


North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic isolation through such alliances, North...

Payments in National Currencies Surge to 92% Among SCO Members


Payments in national currencies among Shanghai Cooperation Organization (SCO) members have reportedly increased from 40% in 2022 to 92%, signaling a move away from reliance on the U.S. dollar. Similar to the BRICS economic bloc, the SCO, which includes Russia, China, India, and recently added Iran...

Indonesia and South Korea Sign New Local Currency Agreement to Boost Trade


Bank Indonesia, the Bank of Korea, and South Korea’s Ministry of Economy and Finance have introduced a local currency transaction framework to boost bilateral trade using the rupiah and won. This initiative aims to reduce exchange rate risk and improve transaction efficiency by facilitating...

Gamestarter ties up with Ava Labs and unveils GameChain


Gamestarter inks a calculated deal with Ava Labs on the Avalanche network and simultaneously delivers GameChain, an exclusive game boosted by Avalanche. GameChain is a game-oriented layer 1.  The tie-up is a step in the direction of Gamestarter’s pledge towards creating a robust ecosystem wherein...

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