World moves from G7 currencies to other payment systems – Novak

TASS Russian News Agency | Jun 4, 2026 at 1:05 PM

The world is moving to new alternative payment systems and Russia has transferred about 50% of its foreign trade payments to rubles and national currencies, Russian Deputy Prime Minister Alexander Novak said at the St. Petersburg International Economic Forum (SPIEF).

AI actions in financial markets must be explainable and controllable

TASS Russian News Agency | Jun 3, 2026 at 3:10 PM

The emergence of AI agents capable of independently making trading decisions is an inevitable new stage of technological development, largely comparable to the way high-frequency trading (HFT) and algorithmic trading previously transformed the market.

Russia’s e-commerce turnover may reach $215.99 bln in 2026

TASS Russian News Agency | Jun 3, 2026 at 11:20 AM

Russia’s e-commerce turnover may reach around 15.8 trillion rubles ($215.99 bln) by the end of 2026, increasing by 20% compared with 2025, President of the Association of Internet Trade Companies Artyom Sokolov told TASS on the sidelines of SPIEF.

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  • Russia’s e-commerce turnover may reach $215.99 bln in 2026 (TASS Russian News Agency: 2026-06-03 09:19:10+00:00)