Mutual payment systems recognition for Russia and India
Date: August 24, 2022 Category: News
Indian banks may start accepting Mir payment cards.
Russia and India are planning to recognize each other's payment systems.
The issue of mutual recognition of RuPay and Mir was discussed du...
Student debt relief announcement
Date: August 24, 2022 Category: NewsThe Biden administration is canceling up to $20,000 in student debt for Pell Grant recipients, up to $10,000 for individual borrowers who make under $125,000 per year, and extending the pause on repay...
China will forgive 23 loans for 17 African nations
Date: August 22, 2022 Category: NewsChina has pledged to forgive 23 interest-free loans for 17 African countries and will also provide food assistance to the struggling nations, China's foreign minister Wang Yi said at the Forum on Chin...
The Golden Jubilee and the return to gold standard
Date: August 17, 2022 Category: News
On 15 August 1971, US President Richard Nixon officially announced that the country was completely abandoning the gold standard.
This meant that the US government abandoned the convertibility of ...
Russia Proposes New Standard for precious metals market
Date: August 17, 2022 Category: News
Russia Proposes New Standard To break the London Bullion Market Association (LBMA) monopoly on gold.
It is proposed to 'place a specialized international precious metals exchange headquartered in...
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