SCO & BRICS latest news and insights
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By Rhod Mackenzie

Russia and China are strengthening their partnership. They have already reached the $200 billion trade mark ahead of schedule, and the share of the dollar in transactions is steadily declining. In politics, Beijing is not only promoting the multipolarity agenda with Moscow, but h...

By Timur Fomenko

For years, the US has been pressuring the Netherlands to comply with technology restrictions on the export of advanced lithography machines to China. These machines, produced by the Dutch firm ASML, use lasers to create circuits for microchips.

Although ASML is a world-leading c...

By Rhod Mackenzie

According to Alexey Gromov, the chief director for energy at the Institute of Energy and Finance, shale oil production in the United States has already peaked and will decline after 2025. This will shift the power back to the OPEC+ alliance, which is currently struggling to manag...

By Rhod Mackenzie

According to Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari, BRICS will have a significant impact on energy, new technologies, and aerospace.

The main challenges are energy production, transportation, and consumption. Safari stated that BRICS is addressing...

By Rhod Mackenzie

According to Iranian Deputy Foreign Minister for Economic Diplomacy Mehdi Safari, the Shanghai Cooperation Organization (SCO) should adopt the practice of de-dollarization and trade in national currencies.

"Dedollarization" refers to the use of national currencies for trade tra...

By Rhod Mackenzie

Analysts interviewed by RIA Novosti predict that gold and its related financial instruments will maintain their investment relevance and status as a hedge against inflation in 2024.
Investments in gold are considered conservative and can act as a protective asset during periods...