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.
Iran has made clear it will not include its defence capabilities in any future talks over its nuclear programme, as diplomatic contacts resume followi...
Prime Minister Benjamin Netanyahu is expected to request cabinet approval for a significant expansion of Israel’s military activity in Gaza, accordi...
Firefighters are struggling to contain a fast-moving wildfire in central California that has injured three people and is threatening hundreds of homes...
Two people were killed and six others wounded after gunfire broke out at an after-party linked to a weekend music festival in downtown Los Angeles....
Authorities in Beijing have evacuated over 80,000 people as severe rainfall batters the Chinese capital, with flooding expected to intensify into Tues...
The European Commission has announced a new fee for non-EU travellers who do not require a visa to enter 30 European countries. Under the European Travel Information and Authorisation System (ETIAS), the fee will increase from €7 to €20.
The UK Government is replacing physical immigration documents for most student and worker visas with a digital proof of immigration status known as an eVisa—an online record of a person’s immigration permission in the UK.
A U.S. federal judge has temporarily blocked President Donald Trump’s attempt to bar foreign students from attending Harvard University, following a legal challenge filed by the institution.
The Trump administration may roll out a $1,000 fee to fast-track visa interviews, raising legal concerns from within the State Department.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
Eight people, including an Irish missionary and a 3-year-old child, are missing after armed men stormed a well-known orphanage near Haiti’s capital, according to authorities and aid officials.
Iran has made clear it will not include its defence capabilities in any future talks over its nuclear programme, as diplomatic contacts resume following the June conflict with Israel
Prime Minister Benjamin Netanyahu is expected to request cabinet approval for a significant expansion of Israel’s military activity in Gaza, according to several Israeli media reports.
Firefighters are struggling to contain a fast-moving wildfire in central California that has injured three people and is threatening hundreds of homes.
Two people were killed and six others wounded after gunfire broke out at an after-party linked to a weekend music festival in downtown Los Angeles.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment