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.
Russia and the US have initiated talks on joint rare earth metals projects, with some companies already showing interest, according to Kremlin envoy Kirill Dmitriev. This cooperation comes amid U.S. President Trump's efforts to end the Ukraine war and follows Putin's proposal for joint exploration.
Moscow and Washington have initiated discussions on potential joint projects involving rare earth metals and other critical resources in Russia, according to Russia's special envoy on international economic and investment cooperation, Kirill Dmitriev.
Trump threatens to impose secondary tariffs on Russian oil if Moscow obstructs efforts to end the war in Ukraine, expressing frustration over Putin's comments on Zelenskiy’s leadership.
Russian drones struck a military hospital, shopping centre, apartment blocks, and other targets in Kharkiv, Ukraine’s second-largest city, late on Saturday. The attacks resulted in the deaths of two people and injuries to at least 25 others, according to local officials and the Ukrainian military.
Ukrainian President Volodymyr Zelenskyy said on Saturday that Ukraine expects a firm response from Western countries to the relentless Russian drone attacks occurring almost daily on its territory.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing 2056 people and leaving 3,900 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
European leaders, including Kaja Kallas and Jean-Noel Barrot, are urging Russia to show goodwill by agreeing to a ceasefire in Ukraine and making humanitarian gestures like returning deported Ukrainian children and releasing prisoners of war.
Elon Musk handed out million-dollar checks to voters in Wisconsin to support a conservative candidate in a high-stakes state Supreme Court election. This move, echoing his 2024 tactics, aims to influence the court's stance on key issues like abortion and labor rights.
A French court has found far-right leader Marine Le Pen guilty of misappropriating EU funds, potentially barring her from the 2027 presidential race. Le Pen, head of the National Rally, faces a five-year ban from public office, which could significantly impact French politics.
Royal Australian Air Force (RAAF) pilots, monitoring a Chinese navy warship as it navigated Australian waters, were alerted to a live-fire exercise via a civilian radio broadcast, defense officials revealed on Tuesday.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing 2056 people and leaving 3,900 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
As the world shifts toward clean energy at an ever-accelerating pace, large economies are scrambling to secure reliable supply chains for rare earth minerals. These minerals, once seen as mere industrial components, have become a political tool in the global power struggle
Russian forces carried out a drone attack on Ukraine’s second-largest city, Kharkiv, late Wednesday, injuring at least twenty one people and causing structural damage, according to Ukrainian officials.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing 2056 people and leaving 3,900 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
European leaders, including Kaja Kallas and Jean-Noel Barrot, are urging Russia to show goodwill by agreeing to a ceasefire in Ukraine and making humanitarian gestures like returning deported Ukrainian children and releasing prisoners of war.
Elon Musk handed out million-dollar checks to voters in Wisconsin to support a conservative candidate in a high-stakes state Supreme Court election. This move, echoing his 2024 tactics, aims to influence the court's stance on key issues like abortion and labor rights.
A French court has found far-right leader Marine Le Pen guilty of misappropriating EU funds, potentially barring her from the 2027 presidential race. Le Pen, head of the National Rally, faces a five-year ban from public office, which could significantly impact French politics.
A powerful 7.7-magnitude earthquake struck Myanmar’s Sagaing region, followed by a 6.4-magnitude tremor, killing 2056 people and leaving 3,900 injured. The quake caused building collapses in Myanmar and Thailand, prompting emergency declarations and ongoing rescue efforts.
European leaders, including Kaja Kallas and Jean-Noel Barrot, are urging Russia to show goodwill by agreeing to a ceasefire in Ukraine and making humanitarian gestures like returning deported Ukrainian children and releasing prisoners of war.
Elon Musk handed out million-dollar checks to voters in Wisconsin to support a conservative candidate in a high-stakes state Supreme Court election. This move, echoing his 2024 tactics, aims to influence the court's stance on key issues like abortion and labor rights.
A French court has found far-right leader Marine Le Pen guilty of misappropriating EU funds, potentially barring her from the 2027 presidential race. Le Pen, head of the National Rally, faces a five-year ban from public office, which could significantly impact French politics.
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