South American country pledges to abandon US dollar

Venezuelan President Nicolas Maduro says the move will free his country’s economy from sanctions Venezuela is planning to shift away from the greenback in cross-border transactions, President Nicolas Maduro said earlier this week, claiming that the measure would help the Bolivarian Republic to free its economy.

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Russia planning major high-speed rail expansion

New routes could substantially reduce the travel time between the capital and several major cities Russian Railways (RZD) will continue developing the country’s high-speed railroad system and intends to build three major new lines in the near future, its head, Oleg Belozerov, has revealed.

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Putin to head all-Russian children and youth movement

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