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Russia adopts Chinese yuan-to-ruble as benchmark exchange rate after US sanctions force a further move away from the dollar

Russia's central bank said on Thursday that the currencies from "friendly countries" and the ruble …

Huileng Tan   


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Key holdouts at a Ukrainian diplomatic summit are proof that Putin's diplomatic playbook is working

Russia has used oil and diplomacy to undercut Ukraine's support, even among US allies.

Tom Porter   


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The US and the West are facing the blowback of sanctions against Russia, economist says

The US may have opened a "Pandora's box of unintended consequences" by imposing sanctions on Russia…

Jennifer Sor   


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Zimbabwe just introduced a new gold-backed currency in an attempt to fight inflation and wean off the US dollar

The gold-backed ZiG is Zimbabwe's sixth attempt at a new currency since 2008.

Huileng Tan   


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China's yuan is displacing other top global currencies in trade, but not the US dollar

"The higher share of CNY in trade invoicing doesn't seem to be dethroning USD, but rather pushing o…

Filip De Mott   


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South Africa says it doesn't want Putin to visit later this summer because it doesn't want to have to arrest him

South Africa's government is concerned that, under international law, it would have to arrest Russi…

Charles R. Davis   


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EAM S Jaishankar, Iran President Raisi discuss pacing up Iran-India agreements

External Affairs Minister S Jaishankar and Iran President Ebrahim Raisi discussed speeding up the i…

ANI   


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Putin is planning another trip to China, report says, a further sign of his dependence on Xi Jinping

China's Xi Jinping is one of few world leaders to have kept close ties with the Kremlin amid the in…

Tom Porter   


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China's plan to seize on global chaos and supplant the US may be working

Biden and Xi will attempt to find common ground on the sidelines of the APEC summit in San Francisc…

Tom Porter   


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Top commodity firm may start using China's yuan, potentially adding to de-dollarization trend

"China will become more relevant in the global market, I have no doubts," Suzano CEO Walter Schalka…

Filip De Mott   


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Investors are 'sleepwalking' into market turmoil and a recession early next year, top economist Steve Hanke warns

Complacent investors expect a "soft landing" for the US economy, but the full impact of a shrinking…

Theron Mohamed   


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4 mins read

Is the Dollar dying? Its reserve currency status may be at risk, but it isn’t time to die

The world is going through an upheaval on multiple fronts, many of which lead to the US’ unchecked …

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1 min read

New feature on Facebook and Instagram allows creators to protect their images and videos

Facebook has announced to expand access to Rights Manager to help more creators

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Elon Musk gets richer by $15 billion on Tesla’s S&P inclusion — set to become the world’s third-richest person, leapfrogging Mark Zuckerberg

The billionaire Tesla CEO is set to become the world’s third-richest person, leapfrogging Mark Zuck…

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India’s IIT Indore crawls up by 53 places in the top 200 Asian universities while 8 other IITs drop

Eight of India’s premier IITs featured in top 200 in the QS World University Rankings: Asia 2020. B…

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4 mins read

Japan is quietly gaining an edge amid a growing competition between India and China

India and Japan also announced the Asia-Africa Growth Corridor in May 2017 to further expand ties. …

Christopher Woody   


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3 mins read

Trump isn't the only major world leader who will challenge China's Xi Jinping at the G20 meeting

Bolsonaro, who has often been compared to President Donald Trump, has had a rocky relationship with…

Carmen Reinicke   


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Cyber security: Identifying threats and fortifying networks in developing countries

Another developing country, Brazil, which is also one of the BRICS nations along with India, also h…

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16 Indian institutes feature in world’s top 200 universities list!

To make things better, the Indian Institute of Science has even managed to break into the top 20 an…

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Russia's New Military Doctrine Shows Moscow's Geopolitical Ambitions

The Russian military document, translated by Defense News, states that there are "many regiona…

Jeremy Bender