Thursday, June 4, 2015

Alexei Lossan — ‘Mir,’ Russia’s new plastic money option, unveiled


Mir means "world." Russia is creating alternative payments systems, both a replacement for SWIFT interbank settlement and the Mir credit card in order to create a financial system independent of Western control. This is being extended to include BRICS. Apparently Western (US) sanctions are scaring off the emerging world from globalization on the Western model and integration with Western institutions that the US can control.

Russia & India Report
‘Mir,’ Russia’s new plastic money option, unveiled
Alexei Lossan, RIR

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