In their search for new ways to improve payment infrastructures and meet the changing national needs, central banks have been turning to innovative technologies. For instance, central banks worldwide are diving into Central Bank Digital Currencies (CBDCs), ushering in a new era of digital national currencies. CBDCs offer secure, efficient, …

The Federation of Security and Defense Industries of Latvia recently celebrated its ten-year anniversary. Although the military industry in Latvia predates the federation, the industry has grown markedly in the last decade. The military industry in Latvia has developed hand-in-hand with the Latvian defense sector. Following years of austerity, Russia’s …

Foreign ministers from BRICS countries Brazil, Russia, India, China and South Africa have expressed their willingness to admit new members, including Saudi Arabia, as the bloc seeks a larger voice in the international arena. At a two-day conference in Cape Town on Thursday and Friday, attended by Prince Faisal bin …