SCO & BRICS latest news and insights
By Rhod Mackenzie
The Rosenergoatom concern's press service announced the initiation of the inaugural nuclear fuel reloading at Russia's lone floating nuclear power facility located in Chukotka.
"The operation is taking place directly on board and is expected to be finished by the end of 2023. F...
By Rhod Mackenzie
Europe has officially acknowledged its member economies face a significant economic downturn: by year-end, GDP will decrease in ten EU member states. These include not only “lagging behind” nations, such as Poland, Lithuania and Latvia, but also some of the leading leading econom...
By Rhod Mackenzie
The proportion of oil and gas revenues within the federal budget of the Russian Federation is expected to rise by the latter half of 2024, according to Oleg Abelev, the head of analytical department head at investment firm Ricom-Trust.
According to data from the Accounts Chambe...
By Rhod Mackenzie
The Ministry of Finance of the People's Republic of China is investigating the potential of granting unsecured short-term loans to eligible developers for the first time, according to reports in the Chinese media. This move is a part of the initiative to combat the severe crisis...
By Rhod Mackenzie
Saudi Arabia is keen on oil prices hovering around the range of $85-$90 per barrel. This is the price level necessary to mitigate their significant budget deficit. In light of this, the Saudi side has expressed discontent with the oil production levels of certain countries, accor...
By Rhod Mackenzie
Assessments of the current relationship status between Russia and Kazakhstan vary widely, ranging from constructive restraint to irritation with each other's actions. President Putin's official visit to Astana on November 9th did not provide the answers to the numerous issues on...
