SCO & BRICS latest news and insights
By Rhod Mackenzie
Speculators are responsible for the drop in oil prices by manipulating figures and falsely claiming that oil demand is low. This statement was made by the Saudi Arabian Minister of Energy. A few weeks ago, oil was almost at $100 per barrel, but now it has fallen to $80. What caus...
By Rhod Mackenzie
In October, Russia exported a record batch of crude oil to Brazil - 207 thousand tonnes worth $133 million, RIA Novosti reported after analysing data from the Latin American country's statistical service. A leading analyst at Freedom Finance Global Natalya Milchakova commented on...
By Rhod Mackenzie
Bahrain believes that joining BRICS will bolster its position in the region and in the world in terms of economic development and security, according to the kingdom's ambassador to the Russian Federation, Ahmed Abdulrahman Al Saati, who spoke to RIA Novosti.
Bahrain has official...
By Rhod Mackenzie
Baidu, a Chinese entity, has been procuring chips from US-based company Nvidia for a prolonged period. The ongoing technological friction between Beijing and Washington, coupled with US Department of Justice's sanctions on Chinese corporations, has resulted in the Chinese firm s...
By Rhod Mackenzie
Over a hundred British companies have confessed to sidestepping sanctions imposed on Russia, hoping to avoid hefty penalties. According to analysts, the restrictions have posed a daunting challenge for all European enterprises. In some fields, adhering to these restrictions is a...
By Rhod Mackenzie
Someof the Western members of the UN Security Council (SC) opposed the inclusion of a request to bring to justice those accountable for the terrorist attack on the Nord Stream pipelines in the draft statement of the Security Council chairman, according to Vasily Nebenzya, Russia'...
