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‘Historic’ BRICS Summit to Be Held Without Putin in Person

[Jul 20, 2023 1:30 PM] Russian President Vladimir Putin will not travel to Johannesburg for the BRICS summit in August, according to the office of his South African counterpart. Moscow will send Foreign Minister Sergey Lavrov instead, the Kremlin confirmed, emphasizing…

France’s Macron Hopes to Attend BRICS Summit in South Africa, Report

[Jun 15, 2023 11:30 PM] French President Emmanuel Macron wants to join the leaders of the BRICS nations when they meet in August, according to a press report. While his participation in the multipolar bloc’s summit is uncertain, Macron has already scheduled another summit…

Russian Businesses Ask Putin to Help Legalize Crypto

[Jun 1, 2023 3:30 PM] A body representing the interests of Russian businesses has called on president Putin to help with crypto legalization. Their proposals, including on the use of cryptocurrencies in foreign trade settlements, have been included in a report to…

Putin Wants Limit on Currency Purchases for Russians Dealing With Foreigners

[May 23, 2023 4:30 PM] Russian citizens and firms doing business abroad may soon be restricted in the amount of foreign currency they are allowed to acquire, on order from Vladimir Putin. Russia’s head of state now wants his government to cap such purchases on the…

US Expands ‘Unprecedented Global Sanctions’ on Russia With Over 300 New Targets

[May 19, 2023 7:00 PM] The U.S. has imposed new sanctions on Russia “in coordination with the G7 and other international partners.” Among the targets are “the channels Russia uses to acquire critical technology, its future energy extraction…

Putin and Saudi Crown Prince Discuss Potential BRICS-Saudi Arabia Collaboration

[Apr 21, 2023 7:00 PM] Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman Al Saud discussed potential collaboration between Saudi Arabia and the BRICS on Friday. In addition, Putin and the Saudi Crown Prince “expressed satisfaction with the…

Former US President Donald Trump States China Is ‘Trying to Replace the Dollar as Number One Currency’

[Apr 7, 2023 3:30 AM] Former U.S. President Donald Trump has acknowledged the push that China is making to dethrone the dollar as a reserve currency. In a post published on Truth Social, Trump stated that if this comes to happen, it would be the biggest defeat in the…

BRICS Emerges as the World’s Largest GDP Bloc, Propelled by China’s Rapid Expansion

[Mar 31, 2023 10:30 AM] BRICS, a set of countries grouped as an alternative to the G7, is now the world’s largest gross domestic product (GDP) bloc, taking purchasing power parity into account, according to reports from Acorn Macro Consulting. Powered By…

Bitcoin price holds its ground in the wake of CFTC case against Binance

[Mar 28, 2023 2:36 PM] BTC options and derivatives markets seem unfazed by the CFTC’s recent action against Binance, but is that a good or a bad sign?

Cryptocurrency Turnover Growing in Russia, Watchdog Reports to Putin

[Mar 11, 2023 11:30 PM] Use of cryptocurrencies is increasing in Russia, the head of the country’s financial watchdog has informed President Putin. The agency, Rosfinmonitoring, is following thousands of participants in digital asset transactions with a new…

Russian Crypto Industry Association Asks Putin to Help With Regulations

[Mar 7, 2023 10:30 PM] The organization representing Russia’s crypto and blockchain sector has urged Vladimir Putin to spur regulatory efforts. The association fears the Russian Federation may lag behind other nations if it maintains its conservative approach towards new…

Failed FTX Rescue Attempt Revealed, Putin Calls for Digital Currency Settlements — Week in Review

[Dec 4, 2022 6:30 AM] Shark Tank star Kevin O’Leary has revealed his and Sam Bankman-Fried’s failed attempt to raise $8 billion to rescue the now collapsed crypto exchange FTX. In other news, Russian president Vladimir Putin has called for international…