India, Russia Mull Payment System Integration in Face of US Sanctions

Sat. Jun 29th, 2024

External Affairs Minister Subrahmanyam Jaishankar Faster payments systems Finance India Mir Cards Rupay Russia Russian Deputy Prime Minister Denis Manturov Swift US sanctions

India, Russia Mull Payment System Integration in Face of US Sanctions

May 2, 2023 Robert Brown

The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible future effect of US sanctions on the capital flows of…

de-dollarization Finance global financial system Greenback Janet Yellen russia sanctions US sanctions

Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance

Apr 22, 2023 Robert Brown

According to U.S. Treasury Secretary Janet Yellen, the United States government is prepared to take the steps necessary to ensure its financial system remains the world’s strongest and safest. Yellen…