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.
Ukraine's Security Service carried out overnight airstrikes on a Russian military airfield in occupied Crimea, reportedly destroying three helicopters and a key air defense system.
Start your day informed with AnewZ Morning Brief: here are the top news stories for 28th June, covering the latest developments you need to know.
A Russian drone strike on a residential high-rise in Odesa killed two people and injured at least 14, including three children.
The Kremlin has voiced strong concern over Estonia’s readiness to host NATO’s nuclear-capable F-35A jets, calling the move an immediate danger to Russia.
North Korea plans to attract Russian tourists after opening its long-delayed Wonsan-Kalma coastal resort to domestic travellers in July, amid deepening ties with Moscow.
Ukraine's Security Service carried out overnight airstrikes on a Russian military airfield in occupied Crimea, reportedly destroying three helicopters and a key air defense system.
A former Venezuelan military intelligence official has pleaded guilty in the United States to drug trafficking and narco-terrorism charges, concluding a two-year legal process following his extradition.
Azerbaijan has summoned Russia’s envoy in Baku to protest the deadly raids targeting Azerbaijani nationals in Yekaterinburg, demanding a full investigation and accountability.
Iran has barred the UN nuclear watchdog’s chief from entering the country and suspended camera installations at its nuclear facilities, escalating tensions over transparency following recent military clashes.
Iran launched 18 ballistic missiles late Sunday targeting the U.S. military’s Al-Udeid Air Base in Qatar, the largest American installation in the Middle East.
The U.S. economy faces a 40% risk of recession in the second half of 2025, JP Morgan analysts said on Wednesday, citing rising tariffs and stagflation concerns.
Severe rain in Venezuela has caused rivers to overflow and triggered landslides, sweeping away homes and collapsing a highway bridge, with five states affected and no casualties reported so far.
The U.S. Embassy in Qatar has advised American citizens to shelter in place amid rising tensions between Israel and Iran, as part of a broader global security alert issued by Washington.
China has ramped up efforts to protect communities impacted by flood control measures, introducing stronger compensation policies and direct aid from the central government.
Ukraine's Security Service carried out overnight airstrikes on a Russian military airfield in occupied Crimea, reportedly destroying three helicopters and a key air defense system.
A former Venezuelan military intelligence official has pleaded guilty in the United States to drug trafficking and narco-terrorism charges, concluding a two-year legal process following his extradition.
U.S. Senate Republicans are pushing forward with President Donald Trump’s major tax-and-spending bill, aiming to begin debate this weekend on a sweeping measure that could reshape fiscal policy and deepen the national debt.
Iranian military leaders have issued harsh warnings against the U.S. following President Donald Trump’s threats, vowing a more forceful retaliation if Iran’s interests are attacked again.
At least 13 Pakistani soldiers were killed and several others injured after a suicide car bombing targeted a military convoy in North Waziristan’s Mir Ali area near the Afghan border on Saturday, in one of the deadliest attacks in recent months.
Ukraine's Security Service carried out overnight airstrikes on a Russian military airfield in occupied Crimea, reportedly destroying three helicopters and a key air defense system.
A former Venezuelan military intelligence official has pleaded guilty in the United States to drug trafficking and narco-terrorism charges, concluding a two-year legal process following his extradition.
Azerbaijan has summoned Russia’s envoy in Baku to protest the deadly raids targeting Azerbaijani nationals in Yekaterinburg, demanding a full investigation and accountability.
Iran has barred the UN nuclear watchdog’s chief from entering the country and suspended camera installations at its nuclear facilities, escalating tensions over transparency following recent military clashes.
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