SCO & BRICS latest news and insights
By Rhod Mackenzie
US measures to restrict chip exports to China violate market rules and will lead to the fragmentation of the global semiconductor market, said Chinese commerce ministry spokesman He Yadong.
In early September, US Commerce Secretary Gina Raimondo said the US would be as strict...
By Rhod Mackenzie
There are no problematic issues in the negotiation process on the gas hub project in Turkey with the Russian side, at this stage Ankara is only studying the market, the parties are aiming at active work, a source in the Turkish energy sector involved in the development of the pro...
By Rhod Mackenzie
OPEC disagrees with the forecast of the head of the International Energy Agency (IEA), Fatih Birol, that demand for fossil fuels will peak and decline by 2030, the organisation said.
Earlier in the week, Birol wrote about the future of fossil fuels in a Financial Times column,...
By Rhod Mackenzie
The European Commission President Ursula von der Leyen has announced the launch of an investigation into allegations that the Chinese government is subsidising the production of Chinese electric vehicles. From the outside, and it seems that the first impression is true, it looks...
By Rhod Mackenzie
The invitation to six countries to join BRICS should not be considered in the logic of the "Cold War of the last century". This is according to the Brazilian Foreign Minister Mauru Vieira who wrote in an article published in the Folha de São Paulo newspaper..
The head of the S...
By Rhod Mackenzie
China's post-pandemic recovery will lead to a sharp rise in oil demand in the coming months, the IEA predicts. Until now, Western analysis has been dominated by scepticism about the prospects for the Chinese economy. Oil prices responded to the agency's report with growth. This w...
