Putin Proposes BRICS Digital Asset Platform to Boost Investment in Developing Markets
Russian President Vladimir Putin has proposed a BRICS digital asset platform aimed at boosting investment in developing markets across South Asia, Africa, and Latin America. This initiative seeks to enhance financial flows and create a streamlined mechanism for electronic transactions, fostering economic growth in these high-potential regions. As BRICS expands its membership and influence, this proposal could reshape investment strategies and promote sustainable economic development.
Russia Plans to Launch New Payment System for BRICS with XRP Considered
Russia’s confirmation of plans to launch a new payment system for BRICS with XRP as a potential currency has the cryptocurrency market buzzing. The use of XRP could revolutionize cross-border settlements within the BRICS group, potentially leading to a surge in the cryptocurrency’s value according to experts.
Putin approves plans for Russian gaming platform, including handheld device and ecosystem
Vladimir Putin has approved development plans for the Kaliningrad region of Russia, including the creation of a Steam-like gaming ecosystem and handheld device. PM Mishustin has until June 15 to assess and organize production, with local media questioning the feasibility of Russia creating a viable gaming ecosystem from scratch.
Putin Halts Seizure of Danone’s Russian Unit, Clearing Way for Potential Sale
President Putin halts seizure of Danone’s Russian subsidiary, potentially clearing way for sale to Kremlin-favored firm. Decision reverses July decree allowing transfer of assets to temporary management. Danone plans to sell to Vamin Tatarstan, linked to Putin loyalist. Russia seized control of Danone and Carlsberg A/S subsidiaries in July. Putin’s April 2023 decree allows temporary state control over assets of companies from unfriendly states. Danone shares traded 0.5% lower early Thursday in Paris.