Is Russia’s tax policy hindering the solarization of its multinational Stablecoin Initiative?
Russia is taking the lead in issuing a multinational stablecoin backed by commodities – a cyber-initiative connecting some of the most promising hub of hydrocarbon rich economies stretching across Eurasia, Africa and South America. However if such technology is fueled by hydrocarbon energy, temperatures are expected to rise 3.2 degrees Celsius above preindustrial levels by the end of the century. A decisive role could be played by the BRICS in finding innovative solutions to the functioning of the current global framework, particularly in transitioning to green economies.
Indian petrol giant begins EV transition
IndianOil is the nation’s largest refiner and supplies almost half of Indian demand. In its latest annual report the company has outlined plans to make electric vehicle charging points a feature of its petrol stations.
