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.
Tehran had made plans to strike sites in Ukraine after Kyiv attacked an Iranian cargo ship in the Caspian Sea, a senior Iranian military adviser has s...
More than 800 Afghan families returned from Pakistan and Iran over two days as Afghan authorities continued receiving thousands of people arriving thr...
Japan is carrying out its biggest military buildup since World War II, with Tokyo citing China's expanding military capabilities and increasingly asse...
U.S. President Donald Trump says Iran has a "last chance" to sign what he described as "a good document", claiming talks are continuing at Tehran's request with backing from Saudi Arabia, the UAE and Qatar.
Tehran had made plans to strike sites in Ukraine after Kyiv attacked an Iranian cargo ship in the Caspian Sea, a senior Iranian military adviser has said. Iran refrained from taking action after Kyiv said the strike was a mistake, Mohsen Rezaei told the state IRIB TV channel.
Indonesian rescue teams are searching for 28 people still unaccounted for, three days after a passenger ferry caught fire off the coast of Madura island.
Two firefighting helicopters collided while battling a major wildfire in Greece on Sunday, killing two crew members as emergency services continued efforts to contain fires fuelled by extreme heat and dry conditions across Europe.
Nauru, the world’s third smallest country, has changed its name to Naoero, the Pacific island nation’s President said. The new name corresponds to the spelling and pronunciation in the national language.
Japan is carrying out its biggest military buildup since World War II, with Tokyo citing China's expanding military capabilities and increasingly assertive regional activities as the main reason for the shift in its defence strategy.
Iran and the U.S. are making conflicting statements about efforts to negotiate the reopening of the Strait of Hormuz. U.S. President Donald Trump insists talks are under way, while Tehran maintains that negotiations remain on hold.
Romania blasted a rock outcrop to redirect cooling water from the drought-hit Danube River to its only operating nuclear reactor. The unprecedented measure highlights the growing impact of drought and the region's worsening energy crisis.
U.S. President Donald Trump criticised major oil companies, including Chevron and Exxon Mobil, on Monday for earning what he described as excessive profits as renewed tensions with Iran pushed global energy prices higher.
A cyclosporiasis outbreak, the largest ever recorded in the U.S., has caused its first known deaths, health officials in Michigan said on Monday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment