BRICS Set to Dominate 40% of Global Economy by 2030, Russian Official Says

BRICS is set to dominate 40% of the global economy by 2030, while the West’s share shrinks to 27%, Russian Economic Minister Maksim Reshetnikov said. Global Power Shift: BRICS Economy Surges While the West Faces Sharp Decline The BRICS alliance is poised to reshape the global economy, with projections indicating it will account for around … Read more

US May Lift Russian Sanctions if Ukraine Talks Progress, Expert Says

The U.S. may lift sanctions on Russia if Ukraine negotiations progress, an expert says, as the Trump administration commits to immediate diplomatic talks amid shifting global economic alliances. Potential US Sanctions Relief on Russia Amid Ukraine Negotiations The United States may ease sanctions on Russia if diplomatic efforts over Ukraine make substantial progress, according to … Read more

Trump and Putin Discuss Ukraine, US Dollar, and Cooperation: ‘We Agreed to Work Together’

Donald Trump has announced a game-changing dialogue with Vladimir Putin, agreeing to fast-track Ukraine peace talks, plan mutual visits, and launch immediate high-level negotiations. Trump: ‘We Agreed to Work Together, Very Closely, Including Visiting Each Other’s Nations’ U.S. President Donald Trump announced on Feb. 12 that he had engaged in significant discussions with Russian President … Read more

Convicted BTC-e Operator Alexander Vinnik Freed in US-Russia Prisoner Swap

Alexander Vinnik, a jailed Russian IT specialist and operator of the defunct crypto exchange BTC-e, is set to return to Russia as part of a prisoner exchange that has allowed school teacher and former diplomat Marc Fogel to return to the U.S. Vinnik Avoids 20-Year Prison Sentence Jailed Russian IT specialist and operator of the … Read more

Russia and India Cut Dollar Use: 90% of Direct Transactions in National Currencies

Russia and India now conduct nearly 90% of direct transactions in their national currencies, deepening financial ties and accelerating the global shift away from the U.S. dollar. Moscow and New Delhi Tighten Financial Ties—Is the Dollar Era Ending? Countries worldwide are increasingly shifting away from reliance on the U.S. dollar in international trade, a process … Read more

Russia and Ethiopia Take Steps Away From US Dollar as Dedollarization Grows

Countries are accelerating a shift away from the U.S. dollar in trade, with Russia and Ethiopia deepening currency ties to enhance economic stability and reduce reliance on foreign exchange. Global Shift Away From US Dollar Accelerates—Russia and Ethiopia Deepen Currency Ties Countries worldwide are increasingly shifting away from the U.S. dollar in trade, opting instead … Read more

Russia Enforces Crypto Mining Oversight—Miners Must Report Earnings

Russia now requires crypto miners to report earnings by the 20th of the following month, tightening oversight and restricting mining to approved entities while barring financial crime offenders. Russia Demands Crypto Miners Report Earnings—New Law Reshapes Industry Russia’s Federal Tax Service (FNS) revealed on Feb. 3 that taxpayers involved in digital currency mining now have … Read more

BRICS Currency Plans? Russia Says Investment Comes First

BRICS is focusing on investment partnerships over currency unification, Russian officials indicated, as discussions around reducing reliance on the U.S. dollar continue amid global economic shifts. Russia Puts BRICS Currency Speculation to Rest—Here’s the Bloc’s Real Financial Agenda Russian spokesman Dmitry Peskov stated on Jan. 31 that BRICS is currently not considering a shared currency, … Read more

Hungary Threatens to Block EU Sanctions on Russia, Citing 19 Billion Euros in Losses

Hungary is threatening to block EU sanctions against Russia, citing €19 billion in losses and accusing Brussels of failing to uphold energy security commitments, Prime Minister Viktor Orban warned. EU’s Russia Sanctions at Risk—Hungary Says Economic Damage Is Too High Hungary is prepared to block any further extension of European Union sanctions against Russia if … Read more