Al Mayadeen English

  • Ar
  • Es
  • x
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
UK trade minister Reynolds: We were not involved in Iran attacks but we were informed
Senior Iranian source to Reuters: The number of personnel at the Fordow site had been reduced to a minimum
Senior Iranian source to Reuters: Most of the highly enriched uranium at Fordow was moved to an undisclosed location prior to US attack
Iran's IRGC: The most significant capabilities of the Armed Forces of the Islamic Republic of Iran in this sacred defense have not yet been deployed
Iran's IRGC: In this barrage of missiles, air raid sirens sounded after the missiles made impact, causing the enemy to lose its balance
Iran's IRGC: The deployed missiles are capable of maneuvering while falling and are guided until the moment of impact, and they are equipped with destructive and highly explosive warheads
Iran's IRGC: We have adopted new and surprising tactics to achieve more precise, destructive, and effective strikes
Iran's IRGC: In this operation, we deployed the third-generation multi-warhead ballistic missile Kheibar Shekan for the first time
Iran's IRGC: We launched the 20th wave of Operation True Promise 3 by firing 40 solid- and liquid-fueled missiles
Chairman of the Iranian Parliament's Foreign Policy Committee: Tehran has the right to withdraw from the Nuclear Non-Proliferation Treaty based on Article 10

Nicaragua considering joining Russia’s Mir Payment System

  • By Al Mayadeen English
  • Source: Agencies
  • 5 Sep 2022 13:07
2 Min Read

Nicaraguan Minister of Finance and Public Credit Ivan Acosta affirms that his country is “open to various banking and financial exchange possibilities”.

  • x
  • Mir payment cards
    Mir payment cards

Nicaragua may join the Mir payment system, which was developed by Russia in response to Western sanctions, and allow the use of Mir cards in the country, Tass reported on Monday, citing Nicaraguan Minister of Finance and Public Credit Ivan Acosta.

On the sidelines of the 7th Eastern Economic Forum, Acosta said, "We are now considering various issues of cooperation in the field of finance. I'm still not sure how the Mir card works. We are looking into these issues. We are open to various banking and financial exchange possibilities".

Related News

Rosatom to evacuate Bushehr NPP at slightest threat: Rosatom Chief

Putin rules out Sumy takeover, warns Ukraine over dirty bombs usage

The 7th Eastern Economic Forum, which is taking place on 5-8 September in Vladivostok, was established in 2015 by decree of Russian President Vladimir Putin to support economic development in Russia's Far East and to expand international cooperation in the Asia-Pacific region. The Forum's tagline this year is "the Path to a Multipolar World." 

Russia started developing its own national payment system when the US targeted it with sanctions in 2014. Back then clients of several Russian banks were temporarily unable to use Visa and Mastercard due to the restrictions. 

Launched in 2017, Mir is a Russian banking system, meaning both "peace" and "world" in the language. With the West's current isolation measures of Russia, Iran, Cuba, and other countries from the SWIFT banking system, friendlier alternatives have been on the rise in a bid to combat the West's economic hegemony and aggression. 

Since the introduction of the new system, Russian banks have already issued more than 129 million MIR cards. They are currently accepted in Turkey, Vietnam, Armenia, South Korea, Uzbekistan, Belarus, Kazakhstan, Kyrgyzstan, Tajikistan, South Ossetia, and Abkhazia.

  • Nicaragua
  • MIR payment system
  • Russia
  • Ukraine
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

Most Read

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

Iran launches 9th wave of Op. True Promise 3, destroys IOF air defense

  • MENA
  • 17 Jun 2025
Rescue team work at the site where a missile launched from Iran struck Tel Aviv, Israel, Monday, June 16, 2025 (AP)

Wave 12 of Operation True Promise 3 launched, Sejjil deployed: IRGC

  • Politics
  • 18 Jun 2025
Iran launches missile barrage to Tel Aviv, casualties reported

True Promise 3, wave 14: Tel Aviv targeted, casualties reported

  • Politics
  • 19 Jun 2025
Iran's heavy barrages impact multiple Israeli targets overnight

Iran's heavy barrages impact multiple Israeli targets overnight

  • Palestine
  • 18 Jun 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Iran’s Bavar-373 air defense system on display during a military drill (Mehr News Agency)
Politics

Iran intercepts Israeli drones near Tehran, multiple cities

The Israeli Iron Dome air defense system fires to intercept missiles during an Iranian attack over Tel Aviv, Occupied Palestine, Sunday, June 15, 2025 (AP)
Politics

Iran warns aid to 'Israel' will be treated as aggression

US President Donald Trump arrives to board Air Force One at Joint Base Andrews, Friday, June 20, 2025, en route to Montclair, New Jersey (AP)
Politics

Trump, Erdogan made covert attempts to hold talks with Iran: Axios

Ansar Allah supporters surround a giant Iranian flag during an anti-US and anti-'Israel' weekly rally in Sanaa, Yemen, Friday, June 20, 2025 (AP)
Politics

US ships in Red Sea will be targeted if US attacks Iran: YAF

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • x
  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS