SCO & BRICS latest news and insights
The BRICS group, an international alliance originally comprised of Brazil, Russia, India, China, and South Africa, has expanded its membership, marking a significant shift in the geopolitical landscape. The five new members inducted into the group are Saudi Arabia, Egypt, the United Arab Emirates, I...
By Kester Kenn Klomegah
From January 2024, Russia took over the baton of BRICS chairmanship dealing first with the appropriate description of BRICS (Brazil, Russia, India, China and South Africa), whether as an association, a group or an organization. While the geopolitics intensifies, it has beco...
By Rhod Mackenzie
In November last year, Russia became the primary exporter of uranium to the United States, replacing Germany and France as suppliers to the Americans. Additionally, Japan also replaced its supplies to the US. At the end of 11 months of 2023, the United States purchased the larges...
By Rhod Mackenzie
Russian electronics importers have stopped using dollars and euros for payments and are now using currencies such as yuan and dirhams from friendly countries, according to news reports. This has helped to avoid price increases for equipment and, in some cases, even reduce prices....
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...
