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‘Really Stupid and a Huge Mistake:’ Putin Blasts US Actions Blocking Payments to China; Exporters Turn to Small Banks and Crypto

Russian President Vladimir Putin charged against the U.S. actions seeking to block Russian payments to China and other countries. During a two-day trip to China, the Russian leader emphasized that…

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Russia and Iran Collaborating on Single BRICS Currency, Iranian Ambassador Says

Russia and Iran are collaborating on creating a single BRICS currency, the Iranian ambassador to Russia has claimed. He noted that over 60% of the two nations’ bilateral trade is…

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Robert Kiyosaki Warns of US Dollar Collapse if BRICS Crypto Happens

Rich Dad Poor Dad author Robert Kiyosaki has issued a cautionary statement regarding the possible downfall of the U.S. dollar in the event of the BRICS economic bloc launching a…

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Former President Donald Trump’s Advisers Explore Penalties for Nations Ditching US Dollar

Former U.S. President Donald Trump’s economic advisers are reportedly devising strategies to deter nations from reducing their reliance on the U.S. dollar. Proposed deterrents include export controls, currency manipulation charges,…

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Russia Regulates Use of Digital Assets for International Settlements

Russia has integrated the use of digital assets as payment for international transactions in its legislation. President Vladimir Putin signed into law a document that describes using these assets as…

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Kremlin Reveals Plans to Create a “Politics-Free” BRICS Blockchain-Based Payments System

Yury Ushakov, an aide of Russian president Vladimir Putin, revealed plans to create a digital blockchain payment system for the BRICS bloc. Ushakov remarked that the countries of the group…

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Russia Hints at Development of CBDC-Based BRICS Bridge Payments System

Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to…

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Bangladesh and India to Trade in National Currencies Due to US Dollar Liquidity Issues

Bangladesh and India have decided to conduct trade settlements in their own currencies, bypassing the dominance of the U.S. dollar. According to sources from the Bangladesh Bank, the decision was…

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