Your Daily Digest of Global Stories
Key facts: Using the dollar entails additional costs, a BRICS spokesman said. All countries in the bloc are willing to use cryptocurrencies. While the countries that make up the BRICS group (Brazil, Russia, India and South Africa) are developing their own payment system, international trade is using the dollar less and less. According to statements…
Key facts: Russia to upgrade Threat Countermeasures System (TSPU) RuNet employs technical means to filter, block and slow down Internet traffic. According to Forbes Russia, the Federal Service for Supervision of Communications and Technologies could spend 600 million dollars to modernize the blocking system of RuNet, the Russian intranet. An intranet is a computer network…
Russian stock exchanges are ambivalent about plans to participate in the Russian government’s Bitcoin (BTC) and other cryptocurrency trading platform. This, in a context where President Vladimir Putin is increasingly giving further boost to its de-dollarization plan through various tools, including the creation of an official platform for trading cryptocurrencies and central bank currencies (CBDCs)….
The US has announced new sanctions on several companies and people in Europe and Asia for indirectly helping Russia in the war against Ukraine. This action has been taken against companies accused of providing products and services for Russian military activities. The US State Department has particularly expressed concern about items exported from China to…
