Russia is hopeful about the potential return of Visa and Mastercard to its market, according to a report news agency, TASS.
Anatoly Aksakov, who chairs the Financial Markets Committee in the State Duma, noted that the departure of these major payment systems resulted in a significant loss for them, as they abandoned a large share of the Russian market.
However, Aksakov also pointed out that since the country has adapted to using its own National Payment Card System (NSPK), reintroducing Western credit card companies might prove challenging.
Visa and Mastercard exited Russia following the escalation of the conflict in Ukraine. In response, the domestic Mir payment system, operating under NSPK, became widely adopted across the country.
President Ilham Aliyev has said the opening of the Zangezur corridor is no longer in question, describing it as a strategic transport link that will c...
Armenian Prime Minister Nikol Pashinyan met the outgoing U.S. ambassador Kristina Kvien at his office in capital Yerevan on Wednesday, according to a ...
Armenian Prime Minister Nikol Pashinyan has confirmed that fuel imports from Azerbaijan have resumed, saying the market is open to all businesses and ...
Iran’s Commander-in-Chief of Army, Major General Amir Hatami has warned against hostile rhetoric from U.S. and Israeli officials. “Iran considers ...
China has begun exporting a rapid blackout recovery technology designed to restore electricity in just 0.1 seconds, offering power grid protection to ...
Visa and Mastercard announce a $38 billion settlement with merchants over high swipe fees, including fee reductions, surcharges options, and eight-year caps on standard consumer cards, resolving a 20-year antitrust battle.
Open-source intelligence (OSINT) sources reported a significant movement of U.S. military aircraft towards the Middle East in recent hours. Dozens of U.S. Air Force aerial refuelling tankers and heavy transport aircraft were observed heading eastwards, presumably to staging points in the region.
Snow and ice stalled travellers in northwest Europe on Wednesday, forcing around a thousand to spend the night in Amsterdam's Schiphol airport but delighting others who set out to explore a snow-blanketed Paris on sledges and skis.
Diplomatic tensions between Tokyo and Beijing escalated as Japan slams China's export ban on dual-use goods. Markets have wobbled as fears grow over a potential rare earth embargo affecting global supply chains.
Two people have been killed after a private helicopter crashed at a recreation centre in Russia’s Perm region, Russian authorities and local media have said.
Iran’s chief justice has warned protesters there will be “no leniency for those who help the enemy against the Islamic Republic”, as rights groups reported a rising death toll during what observers describe as the country’s biggest wave of unrest in three years.
Iran’s Commander-in-Chief of Army, Major General Amir Hatami has warned against hostile rhetoric from U.S. and Israeli officials. “Iran considers the intensification of the enemies' rhetoric against the Iranian nation as a threat and will not leave its continuation unanswered,” Hatami said.
Türkiye says it's prepared a self-sustaining international stabilisation force for Gaza and has already begun training, Defence Minister Yaşar Güler said, reiterating Ankara’s readiness to deploy troops to support humanitarian efforts and help end the fighting.
Turkish President Recep Tayyip Erdogan has dismissed reports that Nicolas Maduro, Venezuela’s toppled leader, was previously offered asylum in Türkiye. “We have not received any such news,” Erdogan was quoted as saying by local media after a Cabinet meeting held Wednesday in Ankara.
Former NATO Deputy Secretary-General Rose Gottemoeller has warned that Europe could face a future without U.S. nuclear deterrence.
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