The work on creation of the BRICS single payment system is underway, though it will not be public, the Russian Foreign Ministry’s ambassador-at-large and Russia’s sous-sherpa, or under-sherpa, in charge…
China is tightening restrictions on short selling as the country’s authorities step up efforts to support the stock market. The Securities Regulatory Commission said it’s increasing the margin ratio for…
Burkina Faso and Russian state nuclear company Rosatom signed a memorandum of understanding (MOU) for construction of a nuclear power plant in the landlocked Sahel West African state, Burkina Faso’s…
The so-called “Sahm rule” indicates that UK is seeing the sharpest rise in unemployment in the developed world, fueling recession fears that are growing by the day in London. The…
Emerging Asia’s central banks have resorted to various ways to protect their currencies as fears of long-term interest rate hikes in the US and rising global tensions drive down the…
The conflict between Israel and Hamas that erupted this week, like wars in the Middle East in the past, has the potential to disrupt the world economy and even lead…
