Bank of Russia expands CBDC pilot
The Bank of Russia said on August 30 that it was expanding its central bank digital currency (CBDC) pilot programme. The bank said the new phase, which started on September 1, would involve “up to 9,000…
Read MoreThe Bank of Russia said on August 30 that it was expanding its central bank digital currency (CBDC) pilot programme. The bank said the new phase, which started on September 1, would involve “up to 9,000…
Read MoreBy Colleen Howe and Emily Chow SINGAPORE (Reuters) -Brent oil prices fell on Tuesday as sluggish economic growth in China, the world’s biggest crude importer, increased worries about demand that overshadowed the impact of the…
Read MoreChina-Africa relations have deepened over the past two decades, characterised by increased economic cooperation, investment and infrastructure development. China is now Africa’s largest trading partner, with partnerships focused on building roads, railways and energy projects.…
Read MoreHumanity’s fascination with gold stretches back thousands of years. Gold mining is described in ancient Greek and Roman sources, and gold rushes – especially in the 19th century – played a powerful role in shaping…
Read MoreMOSCOW (Reuters) – The Kremlin said on Monday that Russian President Vladimir Putin had arrived for a state visit in Mongolia, which lies on the route of a planned new gas pipeline connecting Russia and…
Read MoreChina-Africa cooperation has evolved over the past 24 years. In 2000, when China and Africa held their first cooperation forum (FOCAC), a commodity boom was under way. China was the world’s biggest buyer of the…
Read MoreAuthorities in Brazil, the country with the world’s fifth largest number of internet users, have banned the social media platform X (formerly known as Twitter). The ban came into effect over the weekend. It followed…
Read MoreBy Florence Tan SINGAPORE (Reuters) -Oil prices extended losses on Monday on expectations for higher OPEC+ production starting in October and as signs of sluggish demand in China and the U.S., the world’s two largest…
Read MoreSouth Africa endured an electricity crisis from 2008 characterised by intermittent rolling blackouts and a growing culture of non-payment. The state-owned utility, Eskom, came to be regarded as the single largest risk to South Africa’s…
Read MoreMore than 2 billion people around the world do not have access to safe, uncontaminated drinking water. Around 418 million of them live in African countries. The problem is most acute in rural communities, where…
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