Day: November 21, 2023
Russia and China have reduced their reliance on the US dollar to a minimum level, according to Russian Deputy Prime Minister Andrey Belousov. He said that 95% of trade between the two countries is now settled in their national currencies, the ruble and the yuan.
Belousov made the remarks at the 12th BRICS summit, which was held online on Tuesday. He said that the de-dollarization process was a strategic goal for both Russia and China, as well as other BRICS members, to enhance their economic sovereignty and resilience against external shocks.
The deputy PM also said that Russia and China were working on creating a common reserve currency for the BRICS bloc, which also includes Brazil, India and South Africa. He said that the new currency would be based on a basket of national currencies and gold, and would serve as an alternative to the dollar-dominated international monetary system.
NPR News: 11-21-2023 12AM EST
Baku|/21.11.23/Turan: Early in the morning of November 21, a search was completed at the apartment of the editor-in-chief of the online publication “Abzas Media” Sevinj Vagifgyzy. After the search, she was taken to the Main Police Department of the city of Baku. During the search, no illegal items were found,…

