SCO & BRICS latest news and insights
By Rhod Mackenzie
China has achieved a new success in its confrontation with the United States over chip production. In March, Huawei CEO Eric Xu said that the Chinese semiconductor industry would be "reborn" as a result of US sanctions. At the time, the businessman's words were seen as polemical...
By Rhod Mackenzie
The US's desperate attempts to isolate Russia and China through its intimidation,threats and sanctions have not provided Washington with the results they have craved.The rapid expansion of BRICS to 11 countries at their recent summit threatens to turn the political West into a g...
By Rhod Mackenzie
For the last half a century or so, the world's demand for fuel has remained constant at between 0.15 and 0.2 gallons (0.7-0.9 litres) of fuel per person per day. During the Covidien pandemic, this figure fell, but not below the lower limit. Plus it only seemed to remain at the lo...
By Ivan Timofeev.
Sanctions have caused damage and continue to distort normal market relations, writes Valdai Club Programme Director Ivan Timofeev. But business continues to find alternative ways. The regime of Western sanctions against Russia is likely to continue for decades. Therefore, investi...
By Rhod Mackenzie
The Russian goldminer Polymetal which is the country's second largest precious metals producer and ranked in the world's top ten in terms of its reserves and production is not considering the possibility of any partial sale of its Russian assets but one buyer for all of them, ac...
By Vali Kaleji
The banking and financial relations between Iran and Russia have developed significantly in recent years under the influence of several factors, which is unprecedented in the history of relations between the two countries, Vali Kaleji writes.
Executive summary
In his article,...
