SCO & BRICS latest news and insights
The Russian budget is based on three main revenue streams, all of which are demonstrating robust growth in the current fiscal year. The budget deficit has decreased by approximately 50% compared to the previous year. What strategies enabled Russia to exceed its revenue targets from a year ago, and w...
The combination of the August heat and the collapse of Asian markets is likely to have a significant impact on the Globals market for years to come. They have already cause mayhem around the World. This is how the 1998 crisis in Russia began, which resulted in Russia's default on its domestic and...
By Rhod Mackenzie
Yesterday, Russian Minister of Agriculture Oksana Lut presented the results of a decade-long food embargo, which was initiated by a presidential decree and prohibits the import of agricultural products and food to Russia from countries that introduced or supported anti-Russian sa...
By Rhod Mackenzie
In the coming decades, the term "decoupling" will undoubtedly replace Globalisation become the main and most frequently used concept. The English word "decoupling" literally means the "disconnection of a pair" and can refer to a wide range of phenomena, from those in physics to...
The amount of trade between Russia and the European Union has decreased as it now focuses on Asia and the Global South.de bsia acreased by a third in the first five months of this year compared to the same period in 2023, and was down to €28 billion. At the same time, experts highlight that t
rade...
By Rhod Mackenzie
The Russian government has approved an updated strategy for the development of the strategic metals and mineral resource base of the Russian Federation until 2050. The major primary objective is to enhance the processing and utilisation of the abundant mineral raw materials withi...
