SCO & BRICS latest news and insights
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,...
By Rhod Mackenzie
Venezuela aims to become a part of BRICS by 2024. Ivan Gil Pinto, the head of the Bolivarian Republic's Ministry of Foreign Affairs, revealed this in an exclusive interview with Izvestia. On November 16, the Foreign Minister of Venezuela held discussions with Sergei Lavrov, his R...
By Rhod Mackenzie
According to Kommersant, Russia is increasing its oil exports to Pakistan,( SCO member) with the third shipment of the year being dispatched. The only current supplier is Surgutneftegaz. There have been discussions between Russia and Pakistan for some months about signing a long-...
By Rhod Mackenzie
The outcome of the meeting between the US President Joe Biden and Chinese President Xi Jinping at the APEC summit on October 15 was quite modest. This endorses analyst opinion that the nations are in deep political conflict and the past discussions were required to avoid further...
