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Putin Believes Decentralization Will Help Global Economy Be More Resilient

[May 26, 2023 1:30 AM] Russian President Vladimir Putin has stated that the decentralization of the finance system might benefit the global economy, allowing it to be more resilient in the long run. At the second Eurasian Economic Forum, Putin explained that building…

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…

Putin Says Multipolarity Trend Will Intensify — Warns Those Who Do Not Follow Will Lose

[May 1, 2023 10:00 PM] Russia’s president, Vladimir Putin, says the trend toward multipolarity is inevitable and will only intensify. “Those who do not understand this and do not follow this trend will lose,” the Russian president warned. Putin on Multipolarity Trend…

Coinbase exec uses ChatGPT ‘jailbreak’ to get odds on wild crypto scenarios

[Apr 30, 2023 10:30 PM] According to ChatGPT, there’s a 15% chance that Bitcoin will “fade to irrelevancy,” with prices falling 99.99% by 2035.

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…

Analysts Weigh In on BRICS Currency as Tool to Face US Dollar-Based Sanctions

[Apr 14, 2023 3:00 AM] Analysts have begun considering using a future BRICS currency to sidestep U.S. sanctions and the dollar’s influence in international markets. While the rise of the U.S. dollar was significant to spur an era of economic growth after World War…

India to Facilitate International Settlements in Rupees to Reduce Dependence on the US Dollar

[Apr 3, 2023 2:30 AM] The government of India has announced that it will facilitate the settlement of international transactions using its national currency, the rupee. As part of its foreign trading policy framework implemented on April 1, the country introduced this…

Putin, Xi Vow to Use Yuan as Russia and China Move to Settlements in National Currencies

[Mar 22, 2023 4:00 PM] As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam…

Russian crypto advocates urge Putin to stop regulatory hostility

[Mar 8, 2023 4:46 AM] Russia’s existing regulatory stance on the cryptocurrency industry would potentially lead the country to “direct financial losses,” the RACIB argued.

US Markets Tumble as Real Estate Weakens, Putin Suspends Nuclear Treaty, Morgan Stanley Warns of Stock Market ‘Death Zone’

[Feb 21, 2023 6:00 PM] On Tuesday, all four major U.S. benchmark stock indexes fell as real estate data showed home sales dropped by 0.7% last month and Russian President Vladimir Putin suspended the nuclear arms control treaty with the United States. Additionally, the…

Expert Predicts Looming Economic Collapse as BRICS Nations Unite Against the Dollar

[Feb 20, 2023 3:00 PM] Andy Schectman, CEO of Miles Franklin Precious Metals Investments, explained in a recent interview that the five leading emerging economies—Brazil, Russia, India, China, and South Africa, collectively known as BRICS nations—are “coalescing…

Sberbank Analyst’s Editorial Delves Into the ‘Tremendous Potential’ of a BRICS Reserve Currency Fueling De-Dollarization

[Jan 7, 2023 1:30 PM] During the last month, Russia’s ruble has dropped 16.48% against the U.S. dollar as energy and commodity prices have slowed over the last few weeks. Russia’s central bank revealed two weeks ago that it is further distancing itself from U.S. dollar…

Top 3 Macroeconomic Events to Watch in 2023 Amid Volatile Market Conditions

[Jan 1, 2022 1:00 PM] 2022 was a tough year for crypto assets, and as the world welcomes 2023, the macroeconomic backdrop remains uncertain. Macroeconomic events will continue to shape the crypto economy and the economy as a whole. This editorial takes a look at the top…

Putin calls for blockchain-based international payment system

[Nov 27, 2022 10:22 AM] The Russian President criticized Western's sanctions and urged for a system "independent of external interference".