SCO & BRICS latest news and insights
By Rhod Mackenzie
The Russian Ministry of Economic Development has reported that the countries's GDP in September surpassed last year's monthly level by 5.2%. Furthermore, it increased by 1% compared to the September of 2021 before the SMO. The ministry's estimates show that GDP increased by 2.8%...
The priciest gas for households in Europe this year can be found in the Netherlands and Sweden, while the most cost-effective options are in Belarus and Russia. This information pertains to calculations based on data from national statistical services.
In the first half of this year, Dutch househ...
By Rhod Mackenzie
The Czech Republic is currently making arrangements to shift its oil refineries to the use of non-Russian oil sources. This is despite Russian oil via pipeline supplies being exempt from sanctions on it, as well as for Austria,Hungary and Slovakia, Prague appears to thing that i...
By Rhod Mackenzie
Europe's commitment to weaning itself off Russian fossil fuels appears to be in name only. Imports of Russian LNG into the European Union have now reached record levels. Spain and Belgium have doubled their purchases.
According to the Centre for German Studies at the Russian I...
By Rhod Mackenzie
The Verona Eurasian Economic Forum was established in 2007 and had been held in Verona,Italy for 14 years, hence the name. However, in 2022, due to the European Union's sanctions against Russia, the organizers were compelled to urgently relocate the forum to the east.
This was a...
By Rhod Mackenzie
Western sanctions against Russia are no longer viewed as an impediment to the country's development. Instead, these measures have inflicted considerable harm on their initiators, particularly those in Europe. During the opening day of the XVI Verona Eurasian Economic Forum in Sam...
