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BRICS Challenges Dollar Dominance: Iran Backs Local Currency Framework
23.1.2025
BRICS nations are boosting trade in national currencies, a move Iran emphasizes as vital for reducing dollar dependence and countering the economic impact of sanctions. Breaking Free From the Dollar: Iran Pushes BRICS Toward Financial Sovereignty Countries worldwide are increasingly reducing their...
Russia and Iran Unite to Completely Replace SWIFT With Alternative Payment System
18.1.2025
Russia and Iran are forging a confidential financial system to replace SWIFT, signaling a bold move to bypass Western dominance and reshape global economic power dynamics. Russia and Iran Deepen Ties in Push to Abandon SWIFT Completely Russia and Iran are collaborating to establish a secure...
Iran’s Currency Website Shut Down Amid Cyber Attacks and Central Bank Criticism
10.1.2025
Administrators of Bonbast.com, Iran’s leading website for tracking the rial’s open-market exchange rate, took it offline due to severe distributed denial-of-service (DDoS) attacks and security concerns after criticism from Central Bank Governor Mohammad Reza Farzin. The shutdown removes a crucial...
Iranian Crypto Holdings Equal a Third of National Gold Market
9.12.2024
Iranian crypto holdings, valued between $30 billion and $50 billion, constitute about a third of the national gold market, according to economist Mohammad Sadegh Alhosseini. Daily cryptocurrency trading in Iran is approximately $143 million (100 trillion rials). The Central Bank of Iran (CBI)...
Iran Embraces Crypto Regulation to Counter Economic Sanctions
9.12.2024
Iran is shifting its stance on digital currencies, focusing on regulation rather than imposing restrictions, according to Minister Abdolnaser Hemmati. Speaking at a Tehran event, Hemmati highlighted the government’s plan to mitigate the economic risks of digital currencies while leveraging...
Central Bank of Iran promises CBDC launch, fintech to fight sanctions
26.11.2024
The digital rial is being developed for retail purposes so far, but the integration of Iranian payment systems with Russia may foil US sanctions.
Iran’s Digital Rial Near Launch, Central Bank Signals Progress
26.11.2024
Iran’s central bank signals the imminent launch of the digital rial, a central bank digital currency (CBDC), to streamline payments and bolster international financial integration despite sanctions. Iran’s Central Bank Sends Clear Signals on the Digital Rial Breakthrough Central Bank of Iran (CBI)...
Iranian Rial Plummets to Record Low Following Donald Trump’s Presidential Victory
7.11.2024
Iran’s currency, the rial, plummeted to an all-time low on Wednesday, trading at 703,000 rials to the dollar, following Donald Trump’s victory in the U.S. presidential election. This significant decline, which later slightly recovered, signals new economic challenges for Tehran amid ongoing...
Iran Declares UN and IMF Ineffective, Advocates for BRICS-Driven World Order
25.10.2024
Iran’s president slammed the UN Security Council and International Monetary Fund (IMF) at the BRICS summit, accusing them of losing effectiveness due to Western interference. He called for BRICS nations to reduce reliance on Western financial systems and push for a new global order. The president...
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence
24.10.2024
Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank...
Iran Urges BRICS to Create Financial System Free From Western Influence
23.10.2024
Iranian Ambassador Kazem Jalali has urged BRICS nations to establish an independent financial and banking system, free from Western standards, which he claims harm Global South countries. Speaking ahead of the 16th BRICS Summit, Jalali emphasized the need for BRICS members to create their...
Iran’s Crypto Exchanges Witness Major Growth Amidst International Sanctions
22.10.2024
Iran’s domestic cryptocurrency market has reached a major milestone, with approximately 15-19 million citizens actively participating in crypto…
BRICS Summit to Far Surpass US Presidential Election in Global Importance, Russian Official Claims
20.10.2024
The BRICS summit, not the U.S. presidential election, will be the defining event of global history, a Russian official claims. With BRICS expanding and 65% of its transactions now in national currencies, they argue the world is shifting away from U.S. dominance toward sovereign partnerships....
Bitcoin to pump if oil, energy prices surge amid Middle East tension: Hayes
18.10.2024
BitMEX co-founder Arthur Hayes predicts Bitcoin's price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over
Brazil Pushes BRICS to Shift From US Dollar, Advocating National Currencies in Global Trade
17.10.2024
Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum ahead of the BRICS summit in Kazan. Brazil aims...
BRICS Nations Set for 4.4% Growth in 2024-2025, Outpacing G7 Economies
11.10.2024
Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for G7 countries. Siluanov highlighted BRICS’ growing share of global GDP, now at 36.7%, and...
Robert Kiyosaki Warns of World War III Amid Global Tensions — Asks ‘Are You Prepared?’
6.10.2024
Robert Kiyosaki, author of Rich Dad Poor Dad, has expressed concerns about World War III, warning that current global tensions could lead to catastrophic consequences. He emphasized the need for stronger leadership. This echoes past warnings from him about geopolitical threats and energy-driven...
Írán odhalil vylepšený sebevražedný dron Shaded-136B. Hlavici donese na vzdálenost až 4 tisíce kilometrů
3.10.2024
** Írán dál pracuje na vývoji dronů Shaded ** Na nedávné vojenské přehlídce poprvé představil vylepšenou variantu Shaded-136B ** Tento dron má srovnatelnou bojovou hlavici, ale mnohem větší dolet
Will Uptober Fail? The Iran-Israel war cast a shadow on crypto
3.10.2024
Bitcoin, Ethereum, and Solana experience sharp declines as geopolitical tensions between Iran and Israel disrupt the crypto market.…
Bitcoin ETFs see biggest outflow in a month as Middle East tensions surge
2.10.2024
The outflow has reversed an eight-day trend of consecutive inflows totaling $1.4 billion.