SCO & BRICS latest news and insights
By Rhod Mackenzie
Turkey has made up to $2 billion in extra profits in 2023 by importing discounted oil and petroleum products from Russia. Despite Western sanctions, Ankara aims to increase its purchases of Russian energy resources.
Over the past year, Ankara has become the largest buyer of Rus...
By Rhod Mackenzie
Gazprom supplied nearly 19 billion cubic meters of gas to China via the Power of Siberia gas pipeline in the first 10 months of this year, which will exceed the planned annual amount of 22 billion cubic meters. Russian Deputy Prime Minister Alexander Novak announced this on Decem...
By Rhod Mackenzie
The European Union (EU) has assessed the losses incurred from the sanctions imposed against Russia. According to a report by RIA Novosti on December 18, European countries overpaid €185 billionjust for gas alone. The total loss in the Old World, where calls to reverse the sanctio...
By Rhod Mackenzie
On Thursday, theUS Treasury Secretary Janet Yellen announced that the US-China economic and financial working groups will continue to hold regular meetings. Yellen also stated that she plans to visit China for the second time as Treasury Secretary.
During the US-China Business...
By Rhod Mackenzie
There is trouble brewing in the geopolitical relationship between India and the US. According to Indian media citing government sources, US President Joe Biden will not attend India's Republic Day parade in January. This diplomatic snub is aimed at Indian Prime Minister Narendra...
By Rhod Mackenzie
The Chinese leader Xi Jinping recently visited Vietnam and met with the leaders of Hanoi's ruling Communist Party. Xi praised the strong ties between the two countries and pledged to strengthen them further. The visit resulted in the signing of several business agreements.
Alth...
