SCO & BRICS latest news and insights
By Rhod Mackenzie
The shift of Russian oil and petroleum product exports from Western sanctioned markets to Eastern and Southern markets is almost complete. However, replacing the European market for gas exports, whether pipeline or LNG, has proven to be a challenging task.
In the past two years,...
By Rhod Mackenzie
During the meeting of the finance ministries and central bank governors of the BRICS countries in Sao Paulo,the Russian Finance Minister Anton Siluanov stated that Russia is prepared to assist the bloc countries in creating their own payment system. This system will be based on...
By Rhod Mackenzie
According to Anton Siluanov, the Russian Minister of Finance , the BRICS countries should establish a self-sufficient foreign trade settlement system that is both cost-effective,functional and independent of political factors.
. Siluanov suggests re-evaluating the international...
By Rhod Mackenzie
On Wednesday, Rosselkhoznadzor reported that the General Administration of Customs of the People's Republic of China has registered three Russian pork production enterprises and permitted the export of pig products starting from February 28, 2024.
Only products manufactured aft...
By Bogdan Kolbashuk
Nickel futures on February 27, 2024 fluctuate around $17 thousand per ton. Thus, they remain near their lowest level in almost three years.
Related article:
Russia proposed creating a global alliance of “raw materials of the future”
On Tuesday morning, the price of nickel o...
By Rhod Mackenzie
Despite sanctions, Russia became the sixth largest source of gold for Switzerland for the second year in a row in 2023. Switzerland was the main supplier of this precious metal to the European Union last year. This information is based on an analysis of data from the UN Comtrade...
