The BRICS Business Council has discussed the possibility of creating a single cryptocurrency to facilitate settlements between member countries, after Russia’s sovereign wealth fund put forward a proposal.
Moscow [Russia], Mar 20 (Sputnik/ANI): China is set to receive a loan worth RMB 7 billion (USD 989 million) from the BRICS New Development Bank (NDB) in order to combat the epidemiological threat and economic disruption caused by the ongoing coronavirus disease (COVID-19) outbreak. "On March 19
The push towards digital sovereignty is frequently criticized as a Trojan horse for authoritarian measures. It’s tremendously naïve to think it the only explanation. Brazil, Russia, India, China and South Africa are home to 3.2 billion people, 42% of the world’s population. In effect, these countries hold 42% of one of the most valuable resources […]
Cooperation on developing high-end technologies will become an important agenda item for the BRICS (Brazil, Russia, India, China, South Africa) countries during Russias current-year presidency of the group of emerging economies, Finnish Russian digital solutions provider Zyfra said