Russian President Vladimir Putin has approved new legislation establishing the gradual implementation of the digital ruble in the country's economy, in conjunction with traditional payment methods. This measure, which will be effective from August 1, also includes the creation of a suitable…
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Venezuela signs new cooperation agreements in Moscow
Venezuela and Russia strengthened commercial ties this Monday with the signing of new agreements in strategic areas such as health, finance, sports, economy and transportation, among others.
The signing of the agreements took place in…
Russia to supply free grain to African countries
Russia is willing to supply grains to African countries for free as an emergency measure, following the suspension of grain exports from Ukraine.
The Kremlin indicated this at a press conference, through the spokesman for the Russian…
NATO leaders pledge to invest at least 2 % of GDP in defense
NATO leaders have promised this Tuesday to invest at least 2 % of their GDP in military spending, while recognizing that it will be necessary to go beyond this bar in view of the needs generated by the new security environment in relation…
India pays for Russian oil imports in yuan
India's refinery, IndianOil, would be the first in the world to start paying for Russian oil imports in yuan, China's official currency.
As part of the proposal to de-dollarize their international transactions, various countries have…
Saudi Arabia and Russia cut oil exports for an additional month
After a recent agreement between Russia and Saudi Arabia, it became known that both regions will maintain the cut in oil exports for another month.
According to the announcement on the measure, exports from Saudi Arabia will remain at 9…
Venezuela seeks to integrate into Russia’s Mir payment system
The Central Bank of Venezuela is in the process of integrating into the Mir payment system, developed by Russia and widely used in several countries around the world, the Central Bank of the Latin American country announced in a statement.…
Russia abandons state-owned cryptocurrency exchange project
Anatoly Aksakov, a member of the State Duma, said the Russian government has abandoned the idea of launching a regulated national cryptocurrency exchange. In November 2022, a plan to create a unified one as part of the Moscow Stock Exchange…
US Justice investigates Binance for possible sanctions violation related to russian invasion
The world's largest cryptocurrency exchange by trading volume, Binance, is under investigation by a major federal body of the US government.
The Department of Justice has opened an investigation to determine whether Binance allowed Russian…
Venezuela and Russia analyze creating an alternative financial system Swift
The Venezuelan Foreign Minister, Yván Gil, reported on Tuesday that they are working together with the Russian central bank to create an alternative financial system for international payments.
According to Gil, the objective is to find an…
Hague court orders Russia to pay $5 billion in compensation to Naftogaz
The Permanent Court of Arbitration in The Hague issued a landmark ruling ordering Russia to pay a record $5 billion in damages to Naftogaz, the state-owned Ukrainian energy company. The ruling stems from the confiscation of Naftogaz's…
Russia closes gap with the United States in Bitcoin mining
The United States currently remains at the top of Bitcoin mining. However, this situation could change due to the turbulence in this sector, in addition to the banking crisis, and catapult Russia to the first place.
China remained the main…