SCO & BRICS latest news and insights
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,...
By Rhod Mackenzie
For the first two decades of the 21st century, Germany was in its economic ascendency. Its economy boomed,it was one success after another. It gained dominace in world markets in areas such as high-tech,luxury cars and precision engineering and sold so much of its output that i...
By Rhod Mackenzie
Yet another country has come out to join the growing number of countries looking to use their national currencies in cross border trade in an attempt to avoid using the dollar due to its dominance in the global financial system. It is also very significant and conspicuous that In...
By Rhod Mackenzie
The Moscow Exchange will start currency rading in UAE dirhams with settlement in rubles on Monday, and will also allow the settlement of over-the-counter transactions with the central counterparty (CCP) with the Turkish lira and the Hong Kong dollar, according to a statement from...
