BRICS Mulls Integration of Instant Payment Systems, Digital Currencies

The BRICS countries are considering integrating their national instant payment systems and central bank digital currencies. Sanjay Malhotra, governor of the Reserve Bank of India, said this would reduce the cost of cross-border transactions. Brazilian media covered his comments, as reported by TV BRICS. According to him, the group’s members are currently discussing several options for financial integration. He…

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BRICS Mulls Integration of Instant Payment Systems, Digital Currencies

The BRICS countries are considering integrating their national instant payment systems and central bank digital currencies. Sanjay Malhotra, governor of the Reserve Bank of India, said this would reduce the cost of cross-border transactions. Brazilian media covered his comments, as reported by TV BRICS. According to him, the group’s members are currently discussing several options for financial integration. He…

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French Court Blocks Proposed Social Media Ban For Children

France’s top court has blocked a bill to ban the use of social media platforms such as TikTok, Instagram, Snapchat, among others, for children under the age of 15. The state’s constitutional council ruled against a proposed bill from French lawmakers on Friday, following a bill to ban the use of social media by young children below the age…

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Thousands Stranded as Heavy Rain Kills at Least Five in Japan

At least five people died in eastern Japan after “unprecedented” heavy rain that left thousands stranded at Narita airport overnight and snarled up roads and rail services, authorities said Friday. The torrential downpours late Thursday triggered landslide warnings and power outages, with forecasters issuing the highest-level heavy rain warning for the Chiba region for the first time. In Chiba’s…

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Trump Announces Tariffs of up to 100% on Imported Drones

President Donald Trump announced on Thursday tariffs of up to 100 percent on imports of unmanned drones and their components to reduce US reliance on imports in an industry dominated by China. The US president justified the decision on national security grounds, according to a White House statement, detailing a 100 percent duty rate on the import of certain…

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