SCO & BRICS latest news and insights
— In-depth analysis and comments

By Thomas Lethoba

The 15th BRICS Summit saw leaders of Brazil, Russia, India, China and South Africa reach a consensus to ramp up efforts of expanding the bloc of nations, with the announcement of six additional countries.

In a move aimed at changing the world order, a five-nation group of emerg...

By Vali Kaleji

On the 10th anniversary of the Belt and Road Initiative (BRI), this mega project has been significantly affected by the war and conflict in Ukraine and the Western sanctions against Russia, writes Valdai Club expert Vali Kaleji.

In his article, Dr. Vali Kaleji, a Tehran-based expe...

By Rhod Mackenzie

The Russian Central Bank Governor Elvira Nabiullina showed Western economists an example of high-quality work under stressful conditions. In fact, she shattered all their illusory ideas about the financial system of the world, created over the course of the last 30 years.The econ...

By Rhod Mackenzie

The EU has reached its limit in the energy sector when it comes to implementing measures against the Russian Federation that do not harm European competitiveness, reported Politico newspaper. They cited an unnamed European diplomat for the comment.

"We have come to the limit of...

By Rhod Mackenzie

Russian gold miners have set a new record by selling five times more gold to Hong Kong than before. However, China's official data on the purchase of Russian gold is markedly lower. Analysts suspect that Beijing is attempting to conceal its large purchases of gold from the West,...

By Rhod Mackenzie

On the 30th November, the global oil market will be fixated on this year's OPEC+ ministerial meeting. According to analysts, the two key signatories of the agreement, Russia and Saudi Arabia, will reinforce their commitment to making voluntary cuts in production and exports, even...