Work will continue on the BRICS settlement system despite U.S. President-elect Donald Trump's threat to impose 100% import duties on countries that try to undermine the dollar, the RIA news agency cited a senior Russian official as saying on Friday.
Work will continue on the BRICS settlement system despite U.S. President-elect Donald Trump's threat to impose 100% import duties on countries that try to undermine the dollar, the RIA news agency cited a senior Russian official as saying on Friday.
Trump last week demanded that BRICS member countries commit to not creating a new currency or supporting another currency that would replace the U.S. dollar, saying they would otherwise face 100% tariffs.
RIA quoted Russian Deputy Foreign Minister Alexander Pankin as saying that BRICS was in fact working on a settlement system rather than a new international currency.
"Of course, it will continue," he said, referring to the work on the planned system.
As global tensions rise, Kazakhstan's leadership navigates a delicate geopolitical balance between Russia, China, and the West, aiming to turn its strategic location into a platform for cooperation, reform, and innovation.
At least two people, including a 9-year-old girl, were killed in Russian drone and missile attacks on Ukraine, as questions remain over Kyiv’s participation in upcoming peace talks proposed by Moscow.
Pakistan has announced it will appoint an ambassador to Afghanistan for the first time since the Taliban took control of Kabul in 2021, becoming the fourth country—after China, the United Arab Emirates, and Uzbekistan—to do so.
Ukraine is holding off on confirming its participation in peace talks with Russia until it receives a formal proposal document outlining Moscow’s positions, Foreign Minister Andrii Sybiha said Friday.
Serbia and Russia will jointly examine allegations that Serbian-made weapons reached Ukraine, following claims by Russian officials and statements from President Aleksandar Vucic calling for a fact-finding effort.
Turkish President Recep Tayyip Erdogan held separate phone calls on Saturday with Bulgarian President Rumen Radev and Somali President Hassan Sheikh Mohamud to talk about bilateral ties as well as regional and global topics.
Ethiopia’s Health Ministry confirmed on Saturday the country’s first death linked to mpox, with five more cases still active. No new infections or recoveries were reported in the past 24 hours.
U.S. Defense Secretary Pete Hegseth told Indo-Pacific allies Saturday they won’t be left alone against growing military and economic pressure from China—but they must also boost their own defense efforts.
Iran said on Saturday that it has officially received a new nuclear deal proposal from U.S. President Donald Trump, delivered by Oman during a diplomatic visit to Tehran.
A confidential IAEA report reveals Iran conducted secret nuclear activities using undeclared material at several sites, raising serious non-compliance concerns.
On May 28, the inauguration ceremony of Lachin International Airport was held.
A car drove into crowds of Liverpool fans celebrating the club’s Premier League title in the city centre on Monday evening, injuring dozens including 4 children. A 53-year-old man believed to be the driver was arrested at the scene.
EU ministers have greenlit a massive €150 billion defense investment fund—dubbed the Security Action for Europe (SAFE)—as the bloc ramps up its military readiness in response to Russia’s aggression and growing uncertainty over U.S. security guarantees.
Brazil’s economy is expected to have regained momentum in the first quarter of 2025, driven by a surge in household spending and private investment, according to a Reuters poll of economists conducted from May 21–26.
An international academic conference titled "Islamophobia: Exposing Prejudice and Destroying Stigma" has officially opened in the capital of Azerbaijan, bringing together global scholars, experts, and policymakers to address the rise and consequences of anti-Muslim discrimination.
Turkish President Recep Tayyip Erdogan held separate phone calls on Saturday with Bulgarian President Rumen Radev and Somali President Hassan Sheikh Mohamud to talk about bilateral ties as well as regional and global topics.
Ethiopia’s Health Ministry confirmed on Saturday the country’s first death linked to mpox, with five more cases still active. No new infections or recoveries were reported in the past 24 hours.
U.S. Defense Secretary Pete Hegseth told Indo-Pacific allies Saturday they won’t be left alone against growing military and economic pressure from China—but they must also boost their own defense efforts.
A confidential IAEA report reveals Iran conducted secret nuclear activities using undeclared material at several sites, raising serious non-compliance concerns.
The US Supreme Court has ruled that the Trump administration can temporarily end legal protections for more than 500000 migrants from Cuba, Haiti, Nicaragua, and Venezuela, exposing them to possible deportation.
Turkish President Recep Tayyip Erdogan held separate phone calls on Saturday with Bulgarian President Rumen Radev and Somali President Hassan Sheikh Mohamud to talk about bilateral ties as well as regional and global topics.
Ethiopia’s Health Ministry confirmed on Saturday the country’s first death linked to mpox, with five more cases still active. No new infections or recoveries were reported in the past 24 hours.
U.S. Defense Secretary Pete Hegseth told Indo-Pacific allies Saturday they won’t be left alone against growing military and economic pressure from China—but they must also boost their own defense efforts.
Iran said on Saturday that it has officially received a new nuclear deal proposal from U.S. President Donald Trump, delivered by Oman during a diplomatic visit to Tehran.
A confidential IAEA report reveals Iran conducted secret nuclear activities using undeclared material at several sites, raising serious non-compliance concerns.
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