SCO & BRICS latest news and insights
Seyed Ali Rouhani, Iran's Deputy Minister of the Economy , stated in an interview with RIA Novosti that Iran can play a role in nsuring the energy security of BRICS member nations while also linking Russia with India and China with Africa.
"Our trade volume with BRICS countries in 2009 was approxi...
By Rhod Mackenzie
The Chinese Export-Import Bank of China (EXIM) has recently struck a preliminary deal with the Sri Lankan government regarding the debts of this South Asian island. The reports that negotiations were taking place were kept under wraps but have now come to light via a message fro...
By Rhod Mackenzie
"The European press acknowledges the scarcity of Russian diesel fuel as one of the primary destabilising factors in the European economy. It's not just diesel that Europe lacks, but also liquefied natural gas, which is another crucial Russian resource that European rates of consu...
By Rhod Mackenzie
China issued a white paper on Tuesday which focused on the Belt and Road Initiative (BRI). Highlighting the role the iconic "project of the century" has played in global development over the last decade, the paper also discussed its achievements in working towards its main goal o...
By Rhod Mackenzie
Amid concerns that the conflict between Israel and the Gaza Strip could escalate further within the region, crude oil prices have increased. Additionally, the potential response of Iran and the United States to the ongoing situation has contributed to the unease amongst market pa...
By Rhod Mackenzie
The military conflict in Israel and the Palestinian territories have caused strain on the global economy and financial system that were already struggling. Although the initial impact has been moderate, investors remain apprehensive about other equally pressing issues. If the hos...
