Post #19923
7.04K
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Post #19922
6.96K
Russia votes.
Moscow City from the p.o.v. of the Victory Museum.
Moscow City from the p.o.v. of the Victory Museum.
Post #19921
6.61K
Post #19920
6.52K
When you feel under pressure, re-listen to the Thin White Duke.
Post #19919
6.63K
Post #19918
6.65K
Araghchi lays down the law. As if Tweedledum could possibly understand it.
Post #19917
6.66K
Post #19916
6.67K
Araghchi and Wang Yi at BRICS in Delhi. Then Araghchi flew to Beijing to meet Wang Yi again. Full coordination before Xi’s trip to the US to meet psycho toddler.
Post #19915
6.66K
Anwar and Araghchi. West Asia-Southeast Asia multipolarity.
Post #19914
6.75K
Post #19913
6.85K
Horse latitudes.
Post #19912
6.94K
Post #19911
7.78K
Post #19910
7.04K
https://www.instagram.com/reel/DdZVr4QKnq5/?stkn=MTJmMzF3aGVpNTE5cQ==
Werner gives the Herzog treatment to Shelley. Priceless.
Werner gives the Herzog treatment to Shelley. Priceless.
Post #19909
3.45K
Post #19908
6.75K
Empire of Plunder, Piracy and Sanctions.
Post #19907
6.47K
Forwarded from Geopolitics Prime
🇷🇺🤝🇮🇳 Russia–India Corridor: How Local-Currency Trade Works in Practice
Russia and India now settle around 96% of their bilateral trade in rubles and rupees, according to Ivan Nosov, head of Sberbank in India. Their payment corridor offers a working example of how BRICS countries can move trade into national currencies using existing banks and financial infrastructure.
The system supports a major commercial relationship. Bilateral trade reached a record $70B in 2024, driven largely by India’s imports of Russian oil. Transactions between the two markets are currently handled by 22 Russian banks and 17 Indian banks.
👉 Behind every payment is a network managing currency exchange, liquidity and final settlement. Nosov said that 90% of transactions are processed within ten minutes, while more than half are completed in less than one minute.
The corridor also had to overcome a serious imbalance. India bought far more from Russia than Russia bought from India, leaving Russian exporters with large amounts of rupees that were difficult to use because of the currency’s limited convertibility. Expanding Indian exports and improved banking arrangements have helped ease that bottleneck.
➡️ This is what practical de-dollarization looks like: existing banks connect two markets, national currencies carry the trade, and settlement remains fast enough for commercial use. A wider BRICS payment architecture could grow from multiple corridors built on the same principle, with each connecting specific currencies, banks and flows of goods.
The Russia–India corridor gives that broader project a concrete foundation. It is already operating at scale.
👉 Read our full analysis on Substack to learn how BRICS countries are building new payment links without creating a common currency.
👍 Substack | Chat | @geopolitics_prime
Russia and India now settle around 96% of their bilateral trade in rubles and rupees, according to Ivan Nosov, head of Sberbank in India. Their payment corridor offers a working example of how BRICS countries can move trade into national currencies using existing banks and financial infrastructure.
The system supports a major commercial relationship. Bilateral trade reached a record $70B in 2024, driven largely by India’s imports of Russian oil. Transactions between the two markets are currently handled by 22 Russian banks and 17 Indian banks.
👉 Behind every payment is a network managing currency exchange, liquidity and final settlement. Nosov said that 90% of transactions are processed within ten minutes, while more than half are completed in less than one minute.
The corridor also had to overcome a serious imbalance. India bought far more from Russia than Russia bought from India, leaving Russian exporters with large amounts of rupees that were difficult to use because of the currency’s limited convertibility. Expanding Indian exports and improved banking arrangements have helped ease that bottleneck.
➡️ This is what practical de-dollarization looks like: existing banks connect two markets, national currencies carry the trade, and settlement remains fast enough for commercial use. A wider BRICS payment architecture could grow from multiple corridors built on the same principle, with each connecting specific currencies, banks and flows of goods.
The Russia–India corridor gives that broader project a concrete foundation. It is already operating at scale.
👉 Read our full analysis on Substack to learn how BRICS countries are building new payment links without creating a common currency.
👍 Substack | Chat | @geopolitics_prime
Post #19906
6.56K
Forwarded from Idee&Azione
Nel nostro dibattito sulla multipolarità di ieri al Museo della Vittoria, subito dopo il discorso inaugurale di Lavrov.
Ho colto dalla presentazione di Dugin per coniare l'intestazione definitiva che descrive dove ci troviamo ora. La lotta è tra...
PAX MULTIPOLARIS e L'ILLUMINISMO OSCURO
Una formulazione intellettuale più profonda sarebbe...
Mandala multipolaris contro Weltanschauung delle tenebre.
Mandala nel senso di interconnessioni orientali sovrapposte.
Contro una cosmovisione dalle tenebre in senso Conradiano (Cuore di tenebra).
Sì, scriverò una colonna speciale a riguardo.
Pepe Escobar
Ho colto dalla presentazione di Dugin per coniare l'intestazione definitiva che descrive dove ci troviamo ora. La lotta è tra...
PAX MULTIPOLARIS e L'ILLUMINISMO OSCURO
Una formulazione intellettuale più profonda sarebbe...
Mandala multipolaris contro Weltanschauung delle tenebre.
Mandala nel senso di interconnessioni orientali sovrapposte.
Contro una cosmovisione dalle tenebre in senso Conradiano (Cuore di tenebra).
Sì, scriverò una colonna speciale a riguardo.
Pepe Escobar
Post #19905
6.04K
Kubrick on mechanarchy.
Post #19904
6.08K