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While still small compared with other alternative payment methods, barter has been revived in Russia to circumvent Western sanctions and mitigate risks to payment agents. Several such operations were identified, including exchanges of Chinese cars for Russian grain and flax seeds for raw materials. Russia Returns to Barter Trade to Counter Crippling Western Sanctions Russia, … Read more
President Trump proposed using tariffs as economic weapons to stop the Ukrainian conflict, urging NATO countries to impose levies on China to halt its support for Russian actions. He also said he was ready to enact “major” sanctions on Russia. Trump Reveals His Hand: NATO Tariffs on China and Escalation of Sanctions Against Russia The … Read more
Global momentum toward de-dollarization is erupting as nations expand trade in local currencies and build alternative payment systems, reshaping global finance and reinforcing warnings emphasized by Russian Foreign Minister Sergey Lavrov. De-dollarization Momentum Builds as Nations Push Alternative Systems The steady global push toward de-dollarization is accelerating as countries explore new financial systems to reduce … Read more
As part of a press briefing at the Eastern Economic Forum, Anton Kobyakov, an adviser on Putin’s policies, accused the U.S. of attempting to use stablecoins and gold to devalue its public debt and start anew, thereby rewriting the rules of the cryptocurrency system in the process. Putin’s Aide Claims U.S. Stablecoin Enthusiasm Is a … Read more
India’s biggest fuel buyer just sent a message with its wallet: Indian Oil Corporation deliberately skipped U.S. crude in its latest tender and shopped elsewhere. From Houston to Das: IOC’s Tender Tells a Bigger BRICS Story In a week when it could have tapped West Texas Intermediate, Reuters reported that Indian Oil Corporation (IOC) picked … Read more
Russian President Vladimir Putin and Chinese President Xi Jinping were briefly overheard discussing life extension during a live broadcast of Beijing’s Sept. 3 military parade, when comments about biotechnology, organ transplants and the possibility of greatly extended lifespans were captured on a hot mic. In the exchange, Xi reportedly said some predict people may live … Read more
Russia’s new law, effective Sept. 1, 2025, reportedly allows banks to cap ATM withdrawals at $600 (50,000 rubles) for 48 hours if transactions appear suspicious—a move aimed at curbing financial fraud. However, experts warn that the legislation will significantly disrupt cryptocurrency trading, especially for small exchange offices and peer-to-peer platforms that rely heavily on cash. … Read more
Russian President Vladimir Putin stressed that most of the trade between the two countries is settled using yuan and ruble-based payments, leaving the dollar behind. He noted that Sino-Russian trade had risen by $100 billion, and they were still working to dismantle trade barriers. Putin: Local Currencies Take Control of Sino-Russian Trade, Dollar Relegated President … Read more
According to figures from the Chinese General Administration of Customs, trade between China and Russia reached its highest point in July, despite the threat of secondary tariffs on Russian oil purchases. China is one of the largest purchasers of Russian crude. China-Russia Bilateral Trade Numbers Hit $19.14 Billion in July Bilateral trade between China and … Read more
Nuclear tensions are spiking as Washington abandons diplomacy for military posturing, with Ron Paul warning that reckless responses to rhetoric are reviving Cold War dangers. Nuclear Risks Climb as Washington Trades Dialogue for Deployment, Warns Ron Paul Former U.S. congressman and well-known advocate for liberty Ron Paul wrote in his weekly column, published on Aug. … Read more
