SCO & BRICS latest news and insights
By Rhod Mackenzie
Europe and Russia started 2024 on different paths. Germany, the EU's largest economy, has experienced a record decline in its locomotive industry over the past three years. Conversely, Russia's locomotive industry has soared to its highest level in the last seven years, despite W...
By Rhod Mackenzie
China has achieved what its global competitor, the United States, has also attempted, albeit with mixed results and significant costs, and an uncertain forecast. They have successfully managed to tackle inflation, which had already been at a very low level for many years, without...
By Pepe Escobar
As we enter incandescent 2024, four major trends will define the progress of interconnected Eurasia.
1.Financial/trade integration will be the norm. Russia and Iran already integrated their financial message transfer systems, bypassing SWIFT and trading in rials and rubles. Russi...
By Timofey Bordachev
The main events of international politics in 2023 have shown that the origin of the current fundamental changes is natural, and the main processes are constructive. That is why the past year will be considered by future historians as the end of the period in which the new real...
By Rhod Mackenzie
In 2023, the Russian economy coped with such external challenges that no other country in the world has ever faced. In the new year, solving more internal economic problems will come to the fore. Will Russia be able to defeat inflation and increase budget revenues? Here we list a...
By Rhod Mackenzie
The United States is seeking a way to legally access the frozen Russian assets, even if it harms its own economy and reputation. The Joe Biden administration is backing a bill that would permit the seizure of approximately $300 billion in assets, purportedly for the reconstructio...
