SCO & BRICS latest news and insights
By Rhod Mackenzie
Russia has submitted a draft statement to the UN Security Council regarding the terrorist attack on Nord Stream. Dmitry Polyansky, the First Deputy Permanent Representative of Russia to the United Nations, made this announcement. The statement stresses that the acts of terrorism...
On 1st October, the Netherlands will finally close its primary gas field located near the northern city of Groningen. This gas field, was the largest source of hydrocarbons in continental Western Europe,it helped in the swift development of the post-war Netherlands, but at the same time caused the i...
By Rhod Mackenzie
The Ukraine have given an explainion about why they continue to take money from Gazprom and pump Russian gas. It turns out that this is only done for the sake of their European partners, so that they do not freeze in winter. But is the Ukrainian Naftogaz being disingenuous. What...
By Rhod Mackenzie
According to Liu Lin, the deputy head of the investment department of the People's Bank of China (PBOC), major issuers are trying to take advantage of the interest rate differential between China and the United States, and are therefore issuing and selling as many yuan bonds as p...
By Rhod Mackenzie
The General Administration of Customs of the People's Republic of China has lifted restrictions on the export of pork from Russia introduced in 2008, the press service of Rosselkhoznadzor reported.
"The General Administration of Customs of the People's Republic of China has appr...
By Rhod Mackenzie
Russia and China began actively using the yuan in their trade in 2022. This is now undermining the US dollar's position as the world's reserve currency. This is the conclusion of a study by economists at the European Bank for Reconstruction and Development. Historically, it takes...
