BRICS should create alternative international monetary system – envoy — RT Africa

BRICS should create alternative international monetary system – envoy — RT Africa

Source link The bloc’s members should work together to strengthen their economies, Ethiopian Ambassador Cham Ugala Uriat has told RT It is vital for BRICS to create an alternative international monetary system, the Ethiopian ambassador to Russia, Cham Ugala Uriat, has told RT in an exclusive interview. Uriat stated the bloc’s members should collaborate to […]

US floats softer alternative to confiscating Moscow’s assets – FT — RT World News

US floats softer alternative to confiscating Moscow’s assets – FT — RT World News

Source link The West should borrow money against decades’ worth of Russian profits and give it to Ukraine, a senior official has reportedly urged The US wants to use future profits from seized Russian assets to raise debt on behalf of Ukraine, a senior White House official has said, according to the Financial Times. European […]

Russia and India set to revitalize alternative shipping line — RT India

Russia and India set to revitalize alternative shipping line — RT India

Source link The two countries are holding talks on reviving the Eastern Maritime Corridor, which should boost exports of Russian hydrocarbons and other commodities to India Moscow and New Delhi on Wednesday held detailed talks on reviving the Eastern Maritime Corridor (EMC) connecting Vladivostok in the Russian Far East and Chennai on India’s eastern coast. The […]

Caribbean country embraces Russia’s alternative to MasterCard — RT Business News

Caribbean country embraces Russia’s alternative to MasterCard — RT Business News

Source link Mir payment cards are now reportedly accepted in popular tourist destinations in Cuba Cuba has started accepting Russia’s Mir payment cards at point of sale (POS) terminals, the press service of the Russian National Payment System (NSPK) has said. According to a statement released on Tuesday, the cards will first be accepted in […]

UK seeks alternative to Visa and Mastercard — RT Business News

UK seeks alternative to Visa and Mastercard — RT Business News

Source link The British government has urged the banking sector to reduce reliance on US payment networks The UK should develop a “digital alternative” to challenge the dominance of US credit cards Visa and Mastercard, a government-commissioned review said this week. “While cards make a tremendous contribution to the payments landscape, we heard notable dissatisfaction […]

Latin American country embracing Russia’s Visa alternative – minister — RT Business News

Latin American country embracing Russia’s Visa alternative – minister — RT Business News

Source link Payments using Mir cards can now be made throughout Venezuela, Yvan Gil Pinto has said Russia’s Mir payment system is now accepted throughout Venezuela, the country’s Foreign Minister Yvan Gil Pinto announced on Thursday. Caracas said it was willing to join Russia’s national payment system last year and in June this year began […]