Russia Proposes BRICS Payment System to Challenge U.S. Dominance in Global Finance
In a decisive move aimed at curbing the influence of the U.S. dollar in international trade, Russia has proposed the establishment of a payment system within the BRICS group, which consists of Brazil, Russia, India, China, and South Africa. The initiative seeks to enhance trade among member nations while simultaneously reducing reliance on Western financial frameworks.
Continue readingRussia Intensifies Pressure on Foreign Companies Planning to Exit
In a significant move reflecting its tightening grip on foreign businesses, Russia has introduced new measures that complicate the exit process for companies wishing to leave the market. This crackdown comes as many businesses reconsider their operations in the country amid escalating geopolitical tensions and Western sanctions that have strained Russia's economic environment.
Continue readingRussian Missiles in Ukraine Found with US-Made Technology Inside
The revelation that advanced U.S.-made technology has been found in Russian missiles deployed in the ongoing conflict in Ukraine has sent ripples of surprise and alarm around the world. It throws into question the global arms trade and the unplumbed outcomes of technological proliferation.
Continue readingChina's Coast Guard Joined by Russians on First Patrol in Arctic Waters
Marking a key geopolitical development, China and Russia have initiated their very first joint patrol operations in the Arctic region. The effort invested signifies the growing relations between two of the world's majors, at least on issues related to a region as strategically important as the Arctic-with immense economic and military significance.
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