The 15th BRICS Summit ended with an invitation to solidify energy dominance

JOHANNESBURG, SOUTH AFRICA, August 27, 2023—Heads of State and Government, and their diplomats, of thirty-eight countries from around the world convened in Johannesburg for the 15th annual BRICS international relations summit that took place August 22 through 24 under the theme: BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development, and Inclusive Multilateralism. Discussions […]

Chinese Yuan at the precipice to becoming an alternative Global Reserve Currency

Today, Russian banks announced a plan to issue credit cards using China’s UnionPay system after Visa and Mastercard moved to suspend operations in Russia over Moscow’s military intervention in Ukraine. UnionPay is now the second largest and fastest-growing global credit card network. Major Russian lenders Sberbank, Alfa Bank, Rosbank, Tinkoff Bank, and the Credit Bank […]