Author: Steven Sahiounie

Russia will contribute to reducing the exploitation of “unfriendly” countries and their hegemony in the global economy, thanks to the new concept of Russian foreign policy, which was published on the official portal. The new concept of Russian foreign policy came: “Russia will help limit the ability of unfriendly countries to abuse their monopolistic or dominant position in certain areas of the global economy, and expand the participation of developing countries in global economic governance.” Russia has been calling for years to abandon the US currency in international transactions, in light of Washington’s hostile policy and the US public debt…

The Russian city of Sochi, on the Black Sea, has overtaken New York, Singapore, London and Dubai in terms of the price of luxury housing, according to Knight Frank NF. The group ranks the world’s cities in terms of the number of square meters of luxury housing that a million dollars can buy. According to the luxury housing index, which is issued by the group, the Russian resort is among the first three places, as 29 square meters of luxury housing can be purchased in the Russian city for $1 million. The cities of Monaco and Hong Kong occupied the…

The major crypto exchange Binance has seen a whopping $2.2 billion in outflows after news broke that it has been sued in the US by the Commodity Futures Trading Commission (CFTC). The lawsuit, which alleged that Binance offers “unregistered securities” to retail users in the US, was announced by the CFTC on Monday this week, and Binance customers have taken notice. Citing data from Ethereum tracking platform Nansen, the Wall Street Journal this week said as much as $2.1 billion of net outflows have been seen on Ethereum alone over the past seven days. The trend is not exclusive to…

Bitcoin, the world’s leading cryptocurrency, has recently experienced strong performance, surging over 4% in just a few hours. Moreover, the performance of other digital currencies, like Ethereum, has also gained momentum. This indicates that the cryptocurrency market is growing in popularity and could continue to appreciate in value. Even though the government has implemented stringent regulations on digital currencies, the cryptocurrency market continues to thrive.  Bitcoin, the most highly valued digital currency, is increasing in value, and numerous other forms of digital currency are emerging. US GDP Figures in Highlights In the world of cryptocurrencies, the prices of Bitcoin (BTC)…

The central Bank of Japan (BoJ) has stated that regulated stablecoins and a forthcoming central bank digital currency (CBDC) can coexist – and has given the clearest signal so far that Japan will launch a digital yen. The Japanese media outlet CoinPost reported that BoJ Governor Haruhiko Kuroda spoke about the matters at a fintech forum this week. Kuroda hinted that certain stablecoins could co-exist with a digital JPY in the Japanese economy and spoke of such stablecoins’ potential to carry out “conventional payment functions.” He also talked up their potential use in the settlement space. Mitsubishi UFJ Financial Group’s trust and banking arm…

On Monday, the UN Security Council did not support a resolution by Russia and China on an international investigation into the sabotage at the Nord Stream pipelines Russia is going to demand reports from the countries conducting national investigations into the sabotage at Nord Stream pipelines, Russian Foreign Ministry spokeswoman Maria Zakharova told a briefing on Thursday. “We will continue to raise this topic, which is inconvenient for the West. We will continue to return to it and make these countries return to it, demanding a report on national investigations,” she said. “To avoid the repetition of such attacks in…

At a moment of increased violence in the occupied Palestinian territory, with the new Israeli government threatening even further annexation, the international community must take firm action to protect the human rights and dignity of Palestinians, today said Francesca Albanese, the UN Special Rapporteur on the human rights situation in the Occupied Palestinian Territory. “The wave of deadly violence sweeping through the occupied West Bank since the beginning of this year is the inexorable consequence of an acquisitive and repressive occupation with no end in sight, and the culture of lawlessness and impunity Israel has nurtured and enjoyed,” said Albanese.…

The Russian foreign minister reiterated that education in the Russian language, the use of the language even in everyday life was banned in Ukraine, not to mention the closure of mass media outlets Western countries are direct participants in the war against Russia, Foreign Minister Sergey Lavrov said in an interview with Cuba’s Prensa Latina news agency. “We can no longer tolerate the policy of the West, which once again decided to choose the Nazi theory and practice in order to declare this time a hybrid war against the Russian Federation. It is being waged by the hands of the…

“The Israeli terrorist aggression that targeted some points in the vicinity of Damascus city this morning is nothing but a continuation of the fascist method of the Israeli entity towards the peoples and countries of the region”, Foreign and Expatriates Ministry affirmed Thursday. This hostile act is an attempt by this entity to escape from the internal dislocation witnessed there.” the ministry added on its account on Twitter. “The region cannot be at peace and stability unless putting an end to the Israeli occupation and its repeated attacks”, the ministry reiterated. On Thursday dawn, two soldiers were wounded and material…

Foreign and Expatriates Minister, Dr. Fayssal Mikdad, discussed in a phone call with Minister of Foreign Affairs of the Republic of Sudan, Ali Al-Sadiq Ali, the bilateral relations between the two brotherly countries and means to boost them. Minister Mikdad stressed Syria’s aspiration to work closely with the brothers in Sudan to overcome all the challenges facing joint Arab action, highlighting Sudan’s important role on the Arab and African arenas. He underlined Syria’s keenness to deepen its relations with brotherly Sudan in various fields. In turn, the Sudanese minister affirmed that relations with Syria are good and deep-rooted. He expressed…