SCO & BRICS latest news and insights
By Rhod Mackenzie
Since the beginning of 2023, the price of Russian oil in rubles has increased by 1.5 times and has exceeded 8 thousand rubles per barrel. This is brought about not only by the high price of oil itself and the low exchange rate of the ruble, but also by the fact that Russian oil e...
By Rhod Mackenzie
Moldova has announced that it would stop buying gas from Gazprom because it had found an opportunity to buy gas on the European market, and at a lower price. It would appear tha this loud statement was made to please the politicians and bureaucrats of the European Union: look, So...
By Rhod Mackenzie
The first month of autumn has been quite successful for the Russian manufacturing sector. As reported by RTTNews, manufacturing output growth in September was the highest in 6.5 years. The main driver of this impressive growth, which is all the more remarkable given the condition...
By Rhod Mackenzie
The Russian Minister of Agriculture, Dmitry Patrushev informed the State Duma deputies that internal enterprises will buy 5.4 million tonnes of mineral fertilisers by the end of 2023. Concurrently, the quantity of fertiliser application will rise to 65 kilograms per hectare. To p...
By Rhod Mackenzie
The level of business activity in China picked up in September. The PMI business activity index rose from 49.7 in August to 50.2, surpassing the forecast of 50.0, this was reported by the National Bureau of Statistics of China. This rise suggests some economic growth. In addition...
By Uriel Araujo
Jonathan Yerushalmy, the Guardian's Australia's UK/US site editor recently wrote on how the trade in oil from nations currently under Western sanctions, such as Russia and Iran has boomed - China plays a huge role in that and the US-led political West is “turning a blind eye” to it...
