Putin – DIGIT INFO

Putin Predicts the Singularity: ‘Strong AI’ May Rise Soon

DIGIT — Fri, 13 Dec 2024 11:30:24 +0000

Russian President Vladimir Putin has predicted the rise of a so-called “strong AI” that will leapfrog human capabilities. Putin stated that the recent development of AI’s reasoning abilities might lead to this breakthrough. Putin Talks About Strong AI, Wants Russia to Lead the Way The artificial intelligence (AI) topic is also becoming a geopolitical subject, […]

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Putin Profiles Digital Currencies as Possible Settlement Rails for a BRICS Investment Platform

DIGIT — Thu, 05 Dec 2024 11:30:10 +0000

Russian President Vladimir Putin has referred to digital currencies as part of the settlement instruments for the planned BRICS investment platform. Putin stated that work on this platform had already begun, and that these digital assets might have a place in this institution. Putin Talks Digital Currencies as Settlement Tools for Upcoming BRICS Investment Platform […]

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Putin Declares Bitcoin Unstoppable Amid Dollar’s Waning Global Grip

DIGIT — Thu, 05 Dec 2024 02:30:17 +0000

Putin declared bitcoin unstoppable, calling cryptocurrency the future of global finance as nations move away from the declining U.S. dollar’s dominance. Who Can Ban Bitcoin? Putin Highlights Crypto’s Unstoppable Evolution Russian President Vladimir Putin, speaking at the VTB forum “Russia Calling!” on Wednesday, highlighted the inevitability of advancements in financial technologies, citing cryptocurrencies as a […]

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Putin Discusses US Dollar Dominance and BRICS Common Currency

DIGIT — Sat, 09 Nov 2024 04:46:46 +0000

Putin dismissed claims that Russia would abandon the U.S. dollar, downplayed BRICS currency ambitions, and emphasized the dollar’s global dominance. Putin’s Take on US Dollar: Why Russia Isn’t Turning Away Yet Russian President Vladimir Putin addressed speculation regarding Russia’s stance on the U.S. dollar during a speech at the Valdai Discussion Club in Sochi, clarifying […]

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Putin Declares ‘The Time Has Come’ for BRICS to Build Its Own Financial Platform

DIGIT — Wed, 30 Oct 2024 05:46:24 +0000

Russian President Vladimir Putin has emphasized that “the time has come” for BRICS nations to create an economic platform to unlock their growing economies’ potential. A New Era Begins? Putin Says It’s Time for a BRICS Investment Platform Russian President Vladimir Putin proposed establishing a dedicated BRICS economic platform to enhance investment among the group’s […]

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Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence

DIGIT — Thu, 24 Oct 2024 07:30:29 +0000

Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank to support new members. He reaffirmed Iran’s commitment to reshaping […]

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Russia Pushes for New Precious Metals Platform to Reshape BRICS Trade

DIGIT — Thu, 24 Oct 2024 05:30:25 +0000

Russia pushed for the creation of a BRICS platform to trade precious metals and diamonds at the BRICS Summit, criticizing excessive global trade regulations. President Vladimir Putin emphasized the need to bypass barriers that stifle the market. The summit also backed a BRICS Grain Exchange to ensure stable agricultural trade, highlighting efforts to boost cooperation […]

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Senator Claims BRICS Push to Ditch US Dollar Could Boost USD Global Dominance

DIGIT — Thu, 24 Oct 2024 02:46:19 +0000

U.S. Senator Bill Hagerty has warned of growing efforts by BRICS nations to bypass the U.S. dollar’s dominance but argued this could ultimately strengthen the status of the dollar as the world’s reserve currency. He emphasized the need for a regulatory framework to boost demand for U.S. treasuries and stablecoins, while his stablecoin legislation aims […]

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Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free

DIGIT — Tue, 22 Oct 2024 03:46:18 +0000

Russian President Vladimir Putin criticized U.S. sanctions, noting that they are driving global economies away from the U.S. dollar and leading to a gradual decline in its use for international trade and reserves. He highlighted that Russia now conducts 95% of its foreign trade in national currencies due to these sanctions. Putin emphasized BRICS nations’ […]

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BRICS Unites 40 Nations at Leaders’ Summit — Russia Pushes for Global Partnerships

DIGIT — Tue, 22 Oct 2024 01:30:06 +0000

Nearly 40 countries will participate in the BRICS Plus/Outreach session, expanding the reach of the 2024 BRICS Summit hosted by Russia. The summit will address cooperation in politics, security, and economics. A central focus will be the expansion of BRICS, potentially introducing a new “partner states” category, reflecting the group’s growing global influence. Key discussions […]

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