SCO & BRICS latest news and insights
On 1st October, the Netherlands will finally close its primary gas field located near the northern city of Groningen. This gas field, was the largest source of hydrocarbons in continental Western Europe,it helped in the swift development of the post-war Netherlands, but at the same time caused the i...
By Rhod Mackenzie
The Ukraine have given an explainion about why they continue to take money from Gazprom and pump Russian gas. It turns out that this is only done for the sake of their European partners, so that they do not freeze in winter. But is the Ukrainian Naftogaz being disingenuous. What...
By Rhod Mackenzie
According to Liu Lin, the deputy head of the investment department of the People's Bank of China (PBOC), major issuers are trying to take advantage of the interest rate differential between China and the United States, and are therefore issuing and selling as many yuan bonds as p...
By Rhod Mackenzie
The General Administration of Customs of the People's Republic of China has lifted restrictions on the export of pork from Russia introduced in 2008, the press service of Rosselkhoznadzor reported.
"The General Administration of Customs of the People's Republic of China has appr...
By Rhod Mackenzie
Russia and China began actively using the yuan in their trade in 2022. This is now undermining the US dollar's position as the world's reserve currency. This is the conclusion of a study by economists at the European Bank for Reconstruction and Development. Historically, it takes...
By Rhod Mackenzie
According to the Russian Federal State Statistics Service (Rosstat), the production of passenger cars in Russia in August 2023 doubled compared to August 2022. The figure was 49.6 thousand units. At the same time, in comparison with July 2023, car production increased by 20.7%. A...
