SCO & BRICS latest news and insights
In the global political scene there are three major groupings, the oldest is the G7,It was established at the behest of France in the aftermath of the first Middle East oil crisis in 1973/74. The inaugural Summit was convened in 1975 in Rambouillet, with the participation of six countries: France, G...
The past year has seen significant changes in Russia's foreign trade turnover. Sanctions and geopolitical instability compelled the economy to adapt to wholly new circumstances. Notwithstanding these challenges, export volumes demonstrated growth, rising by 0.5% to reach $278 billion. Russian suppli...
Qatar has threatened to cease supplying liquefied natural gas to the EU. This decision follows the implementation of the EU's new ESG directive, which aims to penalise companies that do not meet the required standards for carbon emissions. For Europe, which has been looking to alternatives to Russia...
Europe's energy system and supply is currently looking at two major problems: no wind and Norway's reluctance to share its electricity with the rest of Europe. At the end of the week, the cost of a kilowatt-hour in this Scandinavian country reached a record high for the last 15 years - €1.1328. Wi...
It is now 2025, and Brazil has taken over the mantle of the BRICS charmanship from Russia for the .next 12 months. The South American country will be hosting meetings at various levels, and the summit will likely take place in Rio de Janeiro, where the G20 meeting was held just a few months ago. I...
The industry is contributing to the Russian economy's growth this year. Notably, the manufacturing sector has demonstrated consistent growth, setting new records for two consecutive years. Historically, the most significant growth has consistently been driven by oil and gas production. The question...
