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Nalezeno "National": 1212

BRICS Nations to Encourage Use of Local Currencies in Trade


Countries in the BRICS bloc intend to encourage the use of local currencies in cross-border trade, their foreign ministers revealed. The top diplomats, who met in South Africa, also emphasized the importance of financial inclusion, welcoming new technologies that support it. BRICS to Stimulate...

Indian and Russian Foreign Ministers Discuss Cooperation in BRICS, G20, SCO


Indian external affairs minister and Russian foreign minister have held a meeting to discuss cooperation within the BRICS, the Group of Twenty (G20), and the Shanghai Cooperation Organization (SCO). The two countries have been shifting to settlements in national currencies, reducing their...

Coinbase: Embracing Crypto Could Determine Future of U.S. National Security


Amid heightened regulatory uncertainty and anti-crypto sentiment in the United States, a leading US-based cryptocurrency exchange, Coinbase, has linked crypto to national security. The firm noted in a lengthy blog post that the US must embrace crypto to facilitate national security. The May...

Trade Bloc of Former Soviet States Ditches Dollar in 90% of Settlements


Trading within a Russia-led regional organization has effectively moved away from the U.S. dollar, according to the deputy head of the Russian government. The use of national currencies in the bloc’s transactions has reached around 90%, the official pointed out. EAEU Replaces Dollar in Trade With...

Xi Jinping and Putin Discuss BRICS Cooperation With Brazil’s President


Chinese President Xi Jinping and Russian President Vladimir Putin engaged in phone conversations with Brazilian President Luiz Inácio Lula da Silva regarding their joint work within the BRICS group ahead of the economic bloc’s leaders’ summit. Lula has been a vocal advocate of ditching...

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