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.
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Kazakh President Kassym-Jomart Tokayev met Russian President Vladimir Putin in Moscow for talks on trade, infrastructure and preparations for Putin’s state visit to Kazakhstan later this month.
U.S. President Donald Trump said on Sunday that three Polish nationals and two Moldovan citizens had been released from detention in Belarus and Russia, highlighting what he described as growing diplomatic cooperation with Minsk.
Russia is holding a significantly scaled-back Victory Day parade in Moscow on 9 May 2026, reflecting heightened security concerns and the ongoing war in Ukraine, now in its fourth year.
Russian President Vladimir Putin is prepared to hold negotiations with “everyone,” including European leaders, the Kremlin said on Friday, after reports that the European Union is considering possible talks with Moscow.
Kuwait arrested four members of an IRGC-linked group as they tried to enter the country by sea, the Gulf state's KUNA news agency reported on Tuesday. Meanwhile, a senior IRGC officer said Iran had expanded its definition of the Strait of Hormuz to include a far wider area.
Metropolitan Shio of Senaki and Chkhorotsku has been elected the 142nd head of the Georgian Orthodox Church at a meeting of clergy in Tbilisi following the death of longtime Patriarch Ilia II.
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