SCO & BRICS latest news and insights
By Rhod Mackenzie
The Russian component of the grain agreement stands at zero, and despite UN attempts to restart negotiations, there has been no progress, this was stated by the Russian Foreign Minister Sergei Lavrov during an ambassadorial round table on a Ukraine settlement held on Wednesday, 8...
By Rhod Mackenzie
The proportion of BRICS nations, inclusive of upcoming members, in the global GDP is set to rise from 36% to 45% by 2040, more than twice the proportion held by the G7 countries, according to a report by Bloomberg. The Associate Professor of the Department of Economic Policy at t...
By Chu Daye, Qi Xijia
European companies are still heavily betting on China, and they said that their businesses have truly benefited from China's high-level opening-up. This forms a sharp contrast with some voices that call China's ongoing import fair a "symbolic gesture" when China is holding th...
By Rhod Mackenzie
China's imports and exports grew in the first ten months of 2023, although October saw a decline in exports. On Tuesday, Chinese authorities released official data indicating that import growth exceeded expectations, demonstrating that the world's largest trading nation is resili...
By Rhod Mackenzie
The Russian economy has recovered well following the extensive sanctions enforced by Western governments; however, the mid-term outlook is less promising, as stated in a report by the International Monetary Fund (IMF).
Due to the favourable financial progress, the IMF has update...
By Rhod Mackenzie
The global order,focused on the interests of the Anglo-Saxon nations, is progressively collapsing, and this phenomenon is now irreversible. Nikolai Patrushev, Secretary of the Security Council of the Russian Federation, made this statement at a CIS gathering with colleagues in...
