SCO & BRICS latest news and insights
By Rhod Mackenzie
The meeting between US President Joe Biden and Chinese leader Xi Jinping was deciphered like an Economist magazine's cover, using the accompanying images, gestures, intonations, and US Secretary of State Antony Blinken's uneasy reactions, who was pained every time his boss spoke...
By Rhod Mackenzie
The principal sectors of the Russian economy have either adapted to sanctions or fully recovered from them, as the nation displays a level of resilience greater than Western governments anticipated, according to a Bloomberg report on Thursday.
Industries such as manufacturing,...
By Rhod Mackenzie
Russia's economic partnerships with Asian and African nations have expanded while trade connections with the European Union have weakened, as per the most recent report by the Federal Customs Service (FCS).
Recently published data illustrates that exports to Asia escalated to $...
By Rhod Mackenzie
The discussions between the Chinese and American leaders during the APEC summit in San Francisco created a buzz, though the meeting itself was unremarkable, and the statements made afterwards did not affect US-China relations. The competition between the world's top two economie...
By Rhod Mackenzie
India and China took the lion's share of Russian oil exports that dropped out of the European market. However, other buyers also contribute to the Russian budget: Brazil, Saudi Arabia, the UAE. All of them increased purchases of oil and petroleum products from Russia. Analysts st...
By Rhod Mackenzie
The Russian economy has reached the level that it was at in February 2022, mostly due to non-standard solutions according to the latest reports. According to the architects of the sanctions, restrictions were introduced to weaken the ruble and the Russian economy. This, however,...
