In an interview with Russia Today (RT) on Friday, Igor Morozov, the head of the Coordinating Committee for Economic Cooperation with African Countries (AFROCOM), said that as the unipolar world…

One of Russia’s top bankers said Thursday that one of the topics on the agenda for the ongoing Russia-Africa summit will be the use of alternative payment mechanisms in mutual…

From April to June, the yuan surpassed the US dollar in the race to be the most-used currency in China’s cross-border trade transactions, according to a new report from Nikkei…

On Monday, Russian President Vladimir Putin signed a bill which officially introduces the digital ruble to the Russian economy. The document, which was published on the official government portal of…

In an interview with RIA Novosti released earlier in the week, Brazilian Foreign Minister Mauro Vieira said that Brazil is looking forward to scaling up its trade with Russia. The…

Photo of BRICS leaders courtesy of Alan Santos/PR under Creative Commons Attribution 2.0 Generic license.   In an interview with RT, the Foreign Ministry of Russia said that establishing a stable…

On Friday, the British pound surged following a release of data which showed that consumer spending in the UK was stronger than had been expected in June. This data came…

The president of the Italian-Russian Chamber of Commerce has said that the Italian business lobby believes that Russian buyers have a right to pay for their Italian goods in rubles,…

A survey by the Bank for International Settlements (BIS) released last week has found that a growing number of central banks across the world are accelerating their work on digital…

Robert Kiyosaki, best selling author of Rich Dad Poor Dad has said that he feels the new gold-backed BRICS currency will spell the beginning of the end for the US…