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Iran to legalize crypto payments to enter international trade
Officials say that Central Bank of Iran has worked for two years on researching and developing a platform and infrastructure for a domestic cryptocurrency
Jan 15, 2022
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Taliban officials ban the use of foreign currencies across Afghanistan
The bold move comes in the hopes of bolstering the local currency; however, concerns remain this could plunge the country further into economic chaos
Nov 03, 2021
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Presidents of Iran, Russia discuss expansion of strategic bilateral ties
Among issues related to energy and bilateral ties, Russia and Iran also discussed progress on an alternative international banking system to allow trade between the two countries affected by western sanctions
Jun 30, 2022
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Iran applies to join BRICS group of emerging economies
Russia and China have increased efforts to expand the economic cooperation group to counter western sanctions
Jun 28, 2022
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The Sanctioned Ones: How Iran-Russia are setting new rules
While China, keen to ward off US sanctions as long as possible, is lagging, its RIC partners Iran and Russia are doing the legwork to break the west's global financial grip.
May 31, 2022
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Revenue from Iran’s energy exports up 60 percent despite US sanctions
Trade statistics in Iran have been increasing in various sectors as Iran seeks to improve its economic standing, regardless of the outcome of the Vienna talks
May 30, 2022
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Russia, Iran discuss linking card payment systems to overcome US sanctions
Russia is in talks with China and Iran on linking the Russian Mir card payment system with other domestic payment systems
May 25, 2022
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Exclusive: Russia’s Sergey Glazyev introduces the new global financial system
The world's new monetary system, underpinned by a digital currency, will be backed by a basket of new foreign currencies and natural resources. And it will liberate the Global South from both western debt and IMF-induced austerity.
Apr 14, 2022
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Say hello to Russian gold and Chinese petroyuan
The Russia-led Eurasia Economic Union and China just agreed to design the mechanism for an independent financial and monetary system that would bypass dollar transactions.
Mar 15, 2022
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Erdogan in Kiev, Putin in Beijing: can neo-Ottomanism fit into Greater Eurasia?
Reporting from Istanbul: As the world turns further over monumental announcements from the Putin-Xi summit in Beijing, Turkey's Erdogan keeps walking a thinning tightrope between NATO and Eurasia
Feb 04, 2022
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Behind the Tin Curtain: BRICS+ vs NATO/G7
The west is nostalgically caught up with outdated 'containment' policies, this time against Global South integration. Unfortunately for them, the rest of the world is moving on, together.
Jun 28, 2022
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The west’s Plan B: Secure the realm
Having failed in preserving the unipolar order, the west will resort to Plan B – reviving a bipolar world based on the ‘civilized’ west and the ‘barbarian’ rest.
Jun 27, 2022
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Energy import agreement signed by Lebanon, Egypt, and Syria
Gas from Egypt cannot flow into Lebanese power plants from Syria without World Bank funding, or a sanctions waiver from the US, neither of which have been fully guaranteed
Jun 21, 2022
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West Asia’s economic savior is called ‘multipolarity’
The transition from a western economic order toward a multipolar one is ushering in unprecedented economic and security advancements for West Asia.
May 02, 2022
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US behind IMF refusal to finance energy imports for Lebanon: Hezbollah official
Despite the plan to import energy from Egypt and Jordan via Syria having been brokered by Washington, US officials have so far failed to issue the necessary sanctions waiver
Apr 26, 2022
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Israel adds China’s yuan to its reserve currency
China has long pushed for the yuan to supplant the dollar as sovereign nation's go-to reserve currency
Apr 21, 2022
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Lebanese Central Bank holds $17.5 billion in gold reserves: Banque du Liban chief
The central bank chief also denied recent comments by a high official saying the country is 'bankrupt'
Apr 08, 2022
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Lebanese Deputy PM says country is bankrupt
The monetary losses will allegedly be distributed between the central bank, depositors, and other banks
Apr 04, 2022
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Iranian FM pledges readiness to build two power plants in Lebanon
This is the second visit by the Iranian foreign minister to Lebanon in less than six months
Mar 24, 2022
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Annual inflation rate of Lebanon sees triple digit increase
Inflation has severely affected the average citizen, with Lebanon now facing looming food shortages
Mar 23, 2022
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Turkish currency tumbles once more despite aggressive state intervention
The Turkish lira has been on a tailspin since November after President Erdogan implemented sharp interest rate cuts in the hopes of fighting inflation
Dec 30, 2021
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Lebanese Central Bank announces measures to prevent further currency devaluation
The Central Bank set a new lira withdrawal rate, in addition to further measures, promoted as a means to alleviate Lebanon's economic crisis
Dec 16, 2021
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Medicine prices soar after Lebanese government lifts subsidies
The latest blow against Lebanese citizens comes amid UN reports that nearly 80 percent of the population are living below the poverty line
Nov 18, 2021
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Eurasia takes shape: How the SCO just flipped the world order
As a rudderless West watched on, the 20th anniversary meeting of the Shanghai Cooperation Organization was laser-focused on two key deliverables: shaping up Afghanistan and kicking off a full-spectrum Eurasian integration.
Sep 22, 2021